NY Property Records
1042 President Street
1042 President Street
Brooklyn · Kings County · 11225
03 · Elevator AptsSold $400,000 · Jun 2021 ↗
Owner of record
OwnerPresident Lofts LLC
Assessment · 2025 roll
Land assessed$485,550
Total assessed$3,451,050
Est. annual tax$431,381 (2027, excl. special districts)
Building
StyleSemi-fireproof (Without Stores)
Year built2023
Living area35,571 sq ft
Lot
Size0.20 acres (GIS)
Frontage × depth54 × 175 ft
Lot sq ft8,610
Zoning
DistrictR6
FAR4.13 built · 2.43 max residential · 4.8 max facility
Zoning map16d
Recorded documents · 48
ASSIGNMENT, MORTGAGE
Oct 8, 2024
assignor/old lender Bank Of Montreal
assignee/new lender Computershare Trust Company, National Association,
View on ACRIS ↗
ASGN OF ASGN OF L&R
Oct 8, 2024
assignor Bank Of Montreal
assignee Computershare Trust Company, National Association,
View on ACRIS ↗
SUNDRY AGREEMENT
Aug 20, 2024
party 1 The City Of New York
party 2 President Lofts LLC
View on ACRIS ↗Show all 48
TERMINATION OF ASSIGN OF L&R
Jun 27, 2024
party one Bank Leumi Usa; Valley National Bank
party two President Lofts LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 27, 2024
assignor/old lender Bank Leumi Usa; Valley National Bank
assignee/new lender Bank Of Montreal
View on ACRIS ↗
MORTGAGE
$6,100,000
Jun 27, 2024
mortgagor/borrower President Lofts LLC
mortgagee/lender Bank Of Montreal
View on ACRIS ↗
SUBORDINATION OF MORTGAGE
Jun 27, 2024
party one Bank Of Montreal
party two The City Of New York
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$21,600,000
Jun 27, 2024
assignor President Lofts LLC
assignee Bank Of Montreal
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 27, 2024
party one Bank Leumi Usa; Valley National Bank
party two President Lofts LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 27, 2024
assignor/old lender Bank Leumi Usa; Valley National Bank
assignee/new lender Bank Of Montreal
View on ACRIS ↗
AGREEMENT
$21,600,000
Jun 27, 2024
party 1 President Lofts LLC
party 2 Bank Of Montreal
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 27, 2024
party one Bank Leumi Usa; Valley National Bank
party two President Lofts LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 27, 2024
party one Bank Leumi Usa; Valley National Bank
party two President Lofts LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 27, 2024
assignor/old lender Bank Leumi Usa; Valley National Bank
assignee/new lender Bank Of Montreal
View on ACRIS ↗
SUNDRY AGREEMENT
Nov 30, 2023
party 1 President Lofts LLC
party 2 Department Of Housing Preservation And Development; The City Of New York
View on ACRIS ↗
MORTGAGE
$10,568,102
Feb 9, 2022
mortgagor/borrower President Lofts LLC
mortgagee/lender Bank Leumi Usa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$10,568,102
Feb 9, 2022
assignor President Lofts LLC
assignee Bank Leumi Usa
View on ACRIS ↗
MORTGAGE
$1,181,898
Feb 9, 2022
mortgagor/borrower President Lofts LLC
mortgagee/lender Bank Leumi Usa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$1,181,898
Feb 9, 2022
assignor President Lofts LLC
assignee Bank Leumi Usa
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 2, 2022
mortgager/borrower President Lofts LLC
mortgagee/lender Bank Leumi Usa
View on ACRIS ↗
MORTGAGE
$3,750,000
Feb 2, 2022
mortgagor/borrower President Lofts LLC
mortgagee/lender Bank Leumi Usa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$3,750,000
Feb 2, 2022
assignor President Lofts LLC
assignee Bank Leumi Usa
View on ACRIS ↗
MORTGAGE
$250,000
Jul 20, 2021
mortgagor/borrower President Lofts LLC
mortgagee/lender Bank Leumi Usa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$4,000,000
Jul 20, 2021
assignor President Lofts LLC
assignee Bank Leumi Usa
View on ACRIS ↗
SUBORDINATION OF MORTGAGE
Jul 20, 2021
party one Bank Leumi Usa
party two Department Of Housing Preservation And Development; The City Of New York
View on ACRIS ↗
DECLARATION
Jul 9, 2021
party 1 Miriam Prince Trust; Miriam Prince, As Lifetime Beneficiary +3
View on ACRIS ↗
DEED
Jul 9, 2021
grantor/seller President Lofts 2 LLC
grantee/buyer President Lofts LLC
View on ACRIS ↗
MORTGAGE
$350,000
Jul 9, 2021
mortgagor/borrower President Lofts LLC
mortgagee/lender Bank Leumi Usa
View on ACRIS ↗
SUNDRY AGREEMENT
Jul 9, 2021
party 1 President Lofts LLC
party 2 Department Of Housing Preservation And Development; The City Of New York
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 9, 2021
assignor/old lender Mcwhite, Kisha N; Prince Ak/A, Kisha +2
assignee/new lender Bank Leumi Usa
View on ACRIS ↗
EASEMENT
Jul 9, 2021
grantor/seller Miriam Prince Trust; Miriam Prince, As Lifetime Beneficiary +2
grantee/buyer President Lofts 2 LLC
View on ACRIS ↗
SUNDRY MISCELLANEOUS
Jun 28, 2021
party 1 Miriam Prince Trust; President Lofts 2 LLC +4
View on ACRIS ↗
SUNDRY MISCELLANEOUS
Jun 28, 2021
party 1 Broadview Funding LLC; Lowenthal P.C., As Nominee +6
View on ACRIS ↗
DEVELOPMENT RIGHTS
$400,000
Jun 25, 2021
party one Miriam Prince Trust; Prince, Mainert J +1
party two President Lofts 2 LLC
View on ACRIS ↗
EASEMENT
Jun 25, 2021
grantor/seller Miriam Prince Trust; Miriam Prince. As Lifetime Beneficiary +2
grantee/buyer President Lofts 2 LLC
View on ACRIS ↗
DEED
$1,600,000
Jun 21, 2021
grantor/seller Mcwhite, Kisha N; Prince Jr., Jasper Adrian +3
grantee/buyer President Lofts 2 LLC
View on ACRIS ↗
MORTGAGE
$1,400,000
Jun 21, 2021
mortgagor/borrower President Lofts 2 LLC
mortgagee/lender Mcwhite, Kisha N; Prince, Jasper Adrian Jr +3
View on ACRIS ↗
POWER OF ATTORNEY
Jun 21, 2021
party one Mcwhite, Kisha N; Prince, Kisha
party two Prince, Mainert Jordan
View on ACRIS ↗
POWER OF ATTORNEY
Jun 21, 2021
party one Prince, Jasper Adrian Jr
party two Prince, Mainert Jordan
View on ACRIS ↗
DEED
Apr 11, 2019
grantor/seller 1042 President LLC
grantee/buyer Mcwhite, Kisha N; Prince, Jasper Adrian Jr +3
View on ACRIS ↗DOB violations — total 2 · open 0 · dismissed 2
C-CONSTRUCTION OTHER OPTIONAL
Dismissed
Jun 1, 2022
BC SWO. AT TIME OF INSPECTION STOP ALL WORK UNDER JOB# 321592709 IMMEDIATELY DO TO THE CONSTRUCTION SUPERINTENDENT OF RECORD HAS INFORMED TO DOB THAT
BIS ↗C-CONSTRUCTION OTHER OPTIONAL
Dismissed
Jun 1, 2022
AT TIME OF INSPECTION BC ORDER STOP ALL WORK UNDER JOB# 321592709 IMMEDIATELY DO TO THE CONSTRUCTION SUPERINTENDENT OF RECORD HAS INFORMED TO DOB THAT
BIS ↗DOB complaints — total 15 · open 0 · closed 15
Show all 15
Construction – contrary to/beyond approved plans
Closed
Oct 26, 2022
Complaint 3879358
View on BIS ↗
Construction – contrary to/beyond approved plans
Closed
Oct 26, 2022
Complaint 3879352
View on BIS ↗HPD violations — total 3 · open 2 · closed 1
A · Non-hazardous
Open
May 11, 2026
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.G
HPD ↗
C · Immediately hazardous
Closed
Dec 30, 2025
§ 27-2028, 2032 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FROM AN APPROVED CENTRAL HEATING SYSTEM, OR AN APPROVED SYSTEM OF GAS OR ELECTRICAL HEATING IN GOOD
HPD ↗
I · Order to correct
Open
Nov 20, 2025
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PEN
HPD ↗Deed & identifiers
SBL3012800029
SWIS610100
Parcel ID6101003012800029
Who owns 1042 President Street?
1042 President Street, Brooklyn is owned by President Lofts LLC per the 2025 NYS assessment roll. It last sold for $400,000 in Jun 2021.
Nearby on President Street
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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