NY Property Records

525 Nostrand Avenue
Brooklyn · Kings County · 11216

04 · Mixed Res & CommercialSold $2,925,000 · Oct 2014 ↗
Owner of record
Owner525 Oak LLC
Assessment · 2025 roll
Land assessed$6,720
Total assessed$80,580
Est. annual tax$4,637 (2027, excl. special districts)
Building
StylePrimarily Two Family with Store or Office
Year built1910
Living area1,554 sq ft
Lot
Size0.05 acres (GIS)
Frontage × depth19 × 100 ft
Lot sq ft1,933
Zoning
DistrictC4-5D
FAR1.2 built · 4.66 max residential · 4.2 max commercial · 4.66 max facility
Zoning map17a
Recorded documents · 51
SUNDRY AGREEMENT Jan 29, 2025
party 1 525 Oak LLC
party 2 525 Kr LLC
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AGREEMENT $4,525,000 Jan 9, 2025
party 1 525 Kr LLC; 525 Oak LLC +2
party 2 Modern Bank, N.A.
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DEED Jan 3, 2025
grantor/seller 525 Nostrand LLC
grantee/buyer 525 Kr LLC; 525 Oak LLC
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Show all 51
MORTGAGE $1,357,615 Jun 13, 2022
mortgagor/borrower 525 Nostrand LLC; 991 Pacific LLC
mortgagee/lender Modern Bank
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AGREEMENT $4,525,000 Jun 13, 2022
party 1 525 Nostrand LLC; 991 Pacific LLC
party 2 Modern Bank
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ASSIGNMENT OF LEASES AND RENTS $4,525,000 Jun 13, 2022
assignor 525 Nostrand LLC; 991 Pacific LLC
assignee Modern Bank
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ASSIGNMENT, MORTGAGE Jun 13, 2022
assignor/old lender New York Community Bank
assignee/new lender Modern Bank
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TERMINATION OF ASSIGN OF L&R Feb 4, 2022
party one New York Community Bank
party two 525 Nostrand LLC
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MORTGAGE $244,631 Oct 17, 2014
mortgagor/borrower 525 Nostrand LLC
mortgagee/lender New York Community Bank
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AGREEMENT $2,727,692 Oct 17, 2014
party 1 525 Nostrand LLC
party 2 New York Community Bank
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ASSIGNMENT OF LEASES AND RENTS $2,727,692 Oct 17, 2014
assignor 525 Nostrand LLC
assignee New York Community Bank
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PARTIAL RELEASE OF MORTGAGE Oct 17, 2014
party one New York Community Bank
party two 525 Nostrand LLC
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AGREEMENT $3,625,000 Oct 17, 2014
party 1 New York Community Bank
party 2 525 Nostrand LLC; 991 Pacific LLC
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DEED $2,925,000 Oct 17, 2014
grantor/seller Right On Nostrand Ave LLC
grantee/buyer 525 Nostrand LLC
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TERMINATION OF ASSIGN OF L&R Oct 15, 2014
party one New York Community Bank
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MORTGAGE $1,375,000 Nov 25, 2013
mortgagor/borrower Right On Nostrand Ave LLC
mortgagee/lender New York Community Bank
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DEED $883,500 Nov 16, 2012
grantor/seller 525-7 Nostrand LLC
grantee/buyer Right On Nostrand Ave LLC
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AGREEMENT $2,575,000 Nov 16, 2012
party 1 Right On Nostrand Ave LLC
party 2 New York Community Bank
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ASSIGNMENT, MORTGAGE Nov 16, 2012
assignor/old lender Cross River Bank
assignee/new lender New York Community Bank
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TERMINATION OF ASSIGN OF L&R Nov 16, 2012
party one Cross River Bank
party two 525-7 Nostrand LLC
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MORTGAGE $1,158,680 Nov 16, 2012
mortgagor/borrower Right On Nostrand Ave LLC
mortgagee/lender New York Community Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $2,575,000 Nov 16, 2012
assignor Right On Nostrand Ave LLC
assignee New York Community Bank
View on ACRIS ↗
AGREEMENT $960,000 Aug 4, 2010
party 1 525-7 Nostrand LLC
party 2 Cross River Bank
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DEED Aug 4, 2010
grantor/seller Promenade Development LLC
grantee/buyer 525-7 Nostrand LLC
View on ACRIS ↗
MORTGAGE $280,000 Aug 4, 2010
mortgagor/borrower 525-7 Nostrand LLC
mortgagee/lender Cross River Bank
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AGREEMENT $680,000 Aug 4, 2010
party 1 525-7 Nostrand LLC
party 2 Cross River Bank
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ASSIGNMENT OF LEASES AND RENTS $960,000 Aug 4, 2010
assignor 525-7 Nostrand LLC
assignee Cross River Bank
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ASSIGNMENT, MORTGAGE Aug 4, 2010
assignor/old lender Prime Management Corp. Of Long Island
assignee/new lender Cross River Bank
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DEED Mar 30, 2006
grantor/seller 525 Nostrand Avenue Corp
grantee/buyer Lane, Dr Fred
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DEED $455,000 Mar 30, 2006
grantor/seller Lane, Dr Fred
grantee/buyer Promenade Development LLC
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ASSIGNMENT, MORTGAGE Mar 30, 2006
assignor/old lender Lane, Dr Fred
assignee/new lender Prime Management Corp Of Long Island
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PARTIAL RELEASE OF MORTGAGE Mar 30, 2006
party one Capital Investment Company
party two Lane, Dr Fred
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TERMINATION OF ASSIGN OF L&R Mar 30, 2006
party one Capital Investment Company
party two Lane, A/K/A/ Fred L Jr; Lane, Dr Fred
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PARTIAL RELEASE OF MORTGAGE Mar 30, 2006
party one 1490 Fulton Street Corp
party two 538 Nostrand Avenue Corp; Capital Investment Company
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TERMINATION OF ASSIGN OF L&R Mar 30, 2006
party one Apal Holding Co.
party two Lane, A/K/A/ Fred L Jr; Lane, Dr Fred
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MORTGAGE $330,000 Mar 30, 2006
mortgagor/borrower Promenade Development LLC
mortgagee/lender Lane, Dr Fred
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SATISFACTION OF MORTGAGE Mar 30, 2006
mortgager/borrower Lane, Dr Fred
mortgagee/lender Herkimer Atlantic Realty Corp
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SATISFACTION OF MORTGAGE Mar 30, 2006
mortgager/borrower Lane, Dr Fred
mortgagee/lender Herkimer Atlantic Realty Corp
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DEED, OTHER Feb 20, 2004
grantor Dr. Fred Lane
grantee 525 Nostrand Avenue Corp
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DEED Jul 22, 1999
grantor/seller Lane, Dorothy P
grantee/buyer Lane, Dorothy P
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ASSIGNMENT, MORTGAGE Dec 18, 1991
assignor/old lender Lane, Fred L Jr
assignee/new lender Capital Investment Co
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ASSIGNMENT, MORTGAGE Nov 12, 1991
assignor/old lender Lane, Fred L Jr
assignee/new lender Apal Holding Co
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MORTGAGE $112,640 Jul 3, 1991
mortgagor/borrower Lane, Fred
mortgagee/lender Capital Investment Co
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MORTGAGE $450,000 Dec 24, 1986
mortgagor/borrower Lane, Fred
mortgagee/lender 1490 Fulton St Corp; 538 Nostrand Ave Corp
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DEED Jul 8, 1983
grantor/seller Cardinal Realty Co Inc
grantee/buyer Lane, Fred
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SATISFACTION OF MORTGAGE Jul 8, 1983
mortgager/borrower Cardinal Realty Co Inc
mortgagee/lender Mednick, Anna Jane; Mednick, Rose
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MORTGAGE $10,000 Jul 8, 1983
mortgagor/borrower Lane, Fred
mortgagee/lender Herkimer Atlantic Rty Cp
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MORTGAGE $61,000 Jul 8, 1983
mortgagor/borrower Lane, Fred
mortgagee/lender Herkimer Atlantic Rty Cp
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ASSIGNMENT, MORTGAGE Jan 19, 1982
assignor/old lender Mednick, Anna Jane; Mednick, Rose
assignee/new lender State Mgmt Co.
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MORTGAGE Nov 8, 1971
mortgagor/borrower Cardinal Realty Co Inc
mortgagee/lender Mednick Anna J; Mednick Rose
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DEED Nov 8, 1971
grantor/seller Mednick Anna J; Mednick Rose
grantee/buyer Cardinal Realty Co Inc
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DOB violations — total 22 · open 10 · dismissed 12
Boiler Active Oct 25, 2024
BIS ↗
Boiler Active Jun 30, 2023
VIOLATION ISSUED-FAILURE TO FILE 2020 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Active Jun 30, 2023
VIOLATION ISSUED-FAILURE TO FILE 2021 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Show all 22
Boiler Active Jun 20, 2023
VIOLATION ISSUED-FAILURE TO FILE 2018 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Active Jun 20, 2023
VIOLATION ISSUED-FAILURE TO FILE 2019 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Active Apr 25, 2023
VIOLATION ISSUED-FAILURE TO FILE 2022 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Active May 15, 2014
VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2012 INSPECTION REPORT
BIS ↗
Boiler Active Dec 31, 2009
BIS ↗
Boiler Active Jan 3, 2008
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jan 31, 2005
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 13, 2004
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 19, 2003
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 26, 2002
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LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 27, 2001
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 7, 2000
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 16, 1999
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed May 4, 1998
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Sep 16, 1997
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 10, 1997
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jun 1, 1994
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Active Aug 16, 1993
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jun 1, 1993
BIS ↗
DOB complaints — total 9 · open 0 · closed 9
Boiler – defective/non-operative/no permit Closed Jul 26, 2024
Complaint 3970130
View on BIS ↗
Illegal commercial/manufacturing use in residence Closed Nov 16, 2021
Complaint 3821694
View on BIS ↗
Permit – none (building/PA/demolition) Closed Oct 20, 2016
Complaint 3578602
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Show all 9
Failure to maintain Closed Jun 6, 2011
Complaint 3379841
View on BIS ↗
Permit – none (building/PA/demolition) Closed May 2, 2010
Complaint 3340778
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Permit – none (building/PA/demolition) Closed Sep 4, 2007
Complaint 3237694
View on BIS ↗
Site conditions endangering workers Closed Mar 13, 2007
Complaint 3218533
View on BIS ↗
Debris – excessive Closed Oct 5, 1993
Complaint 3031411
View on BIS ↗
Category 41 Closed Mar 19, 1991
Complaint 3015169
View on BIS ↗
Deed & identifiers
SBL3018670014
SWIS610100
Parcel ID6101003018670014

Who owns 525 Nostrand Avenue?

525 Nostrand Avenue, Brooklyn is owned by 525 Oak LLC per the 2025 NYS assessment roll. It last sold for $2,925,000 in Oct 2014.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

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