NY Property Records

561 President Street
Brooklyn · Kings County · 11215

05 · Commercial & OfficeSold $6,200,000 · Oct 2007 ↗
Owner of record
OwnerPresident Sai Ii , LLC
Assessment · 2025 roll
Land assessed$671,850
Total assessed$13,005,900
Est. annual tax$1,176,408 (2027, excl. special districts)
Building
StyleLong-term Fully Equipped Units
Year built2018
Lot
Size0.45 acres (GIS)
Frontage × depth171 × 190 ft
Lot sq ft19,831
Zoning
DistrictM1-4, M1-4/R7A (split lot)
Special districtG
FAR2.65 built · 2.0 max commercial · 6.5 max facility
Zoning map16c
Recorded documents · 82
COLLATERAL MORTGAGE $3,981,000 Sep 14, 2022
mortgagor President Sai LLC
mortgagee State Bank Of Texas
View on ACRIS ↗
MORTGAGE $1,501,833 Jun 9, 2021
mortgagor/borrower President Sai Ii, LLC
mortgagee/lender State Bank Of Texas
View on ACRIS ↗
AGREEMENT $21,455,000 Jun 9, 2021
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
Show all 82
ASSIGNMENT OF LEASES AND RENTS $21,455,000 Jun 9, 2021
assignor President Sai Ii, LLC
assignee State Bank Of Texas
View on ACRIS ↗
AGREEMENT $2,145,000 Jun 9, 2021
party 1 Bhagia, Rajesh; President Sai Ii, LLC +1
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $4,100,000 Aug 18, 2020
party 1 Bhagia, Rajesh; President Sai Ii, LLC +1
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $8,825,000 Jul 15, 2020
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $3,653,167 Jul 15, 2020
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $1,900,000 Jul 15, 2020
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $3,086,483 Jul 15, 2020
assignor President Sai Ii, LLC
assignee State Bank Of Texas
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $2,488,517 Jul 15, 2020
assignor President Sai Ii, LLC
assignee State Bank Of Texas
View on ACRIS ↗
COLLATERAL MORTGAGE $3,086,483 Jul 15, 2020
mortgagor President Sai, LLC
mortgagee State Bank Of Texas
View on ACRIS ↗
COLLATERAL MORTGAGE $2,488,517 Jul 15, 2020
mortgagor President Sai, LLC
mortgagee State Bank Of Texas
View on ACRIS ↗
MORTGAGE $3,086,483 Jul 15, 2020
mortgagor/borrower President Sai Ii, LLC
mortgagee/lender State Bank Of Texas
View on ACRIS ↗
MORTGAGE $2,488,517 Jul 15, 2020
mortgagor/borrower President Sai Ii, LLC
mortgagee/lender State Bank Of Texas
View on ACRIS ↗
AGREEMENT $1,900,000 Nov 25, 2019
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $8,825,000 Nov 25, 2019
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $3,653,167 Nov 25, 2019
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
DISCHARGE OF TAX LIEN Aug 2, 2019
secured party The Bank Of New York Mellon
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $1,900,000 Apr 11, 2019
assignor President Sai Ii, LLC
assignee State Bank Of Texas
View on ACRIS ↗
MORTGAGE $1,900,000 Apr 11, 2019
mortgagor/borrower President Sai Ii, LLC
mortgagee/lender State Bank Of Texas
View on ACRIS ↗
AGREEMENT $8,825,000 Apr 11, 2019
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
AGREEMENT $3,653,167 Apr 11, 2019
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $3,653,167 Nov 29, 2016
assignor President Sai Ii, LLC
assignee State Bank Of Texas
View on ACRIS ↗
MORTGAGE $8,825,000 Nov 29, 2016
mortgagor/borrower President Sai Ii, LLC
mortgagee/lender State Bank Of Texas
View on ACRIS ↗
AGREEMENT $3,653,167 Nov 29, 2016
party 1 President Sai Ii, LLC
party 2 State Bank Of Texas
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $8,825,000 Nov 29, 2016
assignor President Sai Ii, LLC
assignee State Bank Of Texas
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jul 16, 2014
party one 561 President Realty LLC
party two Hsbc Bank, National Association, Successor By Merg
View on ACRIS ↗
SATISFACTION OF MORTGAGE Jul 16, 2014
mortgager/borrower 561 President Realty LLC
mortgagee/lender Hsbc Bank Usa, National Association, Successor By
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jun 18, 2014
party one State Bank Of Texas
party two President Sai Ii LLC
View on ACRIS ↗
CERTIFICATE OF REDUCTION $4,000,000 Jun 18, 2014
mortgager/borrower President Sai Ii LLC
mortgagee/lender State Bank Of Texas
View on ACRIS ↗
AGREEMENT $4,000,000 Jun 18, 2014
party 1 President Sai Ii LLC
party 2 State Bank Of Texas
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $4,000,000 Jun 18, 2014
assignor President Sai Ii LLC
assignee State Bank Of Texas
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jun 18, 2014
assignor/old lender United Central Bank, As Assignee Of Mutual Bank
assignee/new lender State Bank Of Texas
View on ACRIS ↗
ASGN OF ASGN OF L&R Jun 18, 2014
assignor United Central Bank, As Assignee Of Mutual Bank
assignee State Bank Of Texas
View on ACRIS ↗
TAX LIEN SALE CERTIFICATE Nov 23, 2011
party 1 City Of New York
party 2 Bank Of New York
View on ACRIS ↗
CERTIFICATE May 16, 2011
party 1 Fidelity National Title Insurance Company Of Ny
View on ACRIS ↗
ZONING LOT DESCRIPTION May 16, 2011
party one President Sai Ii, LLC
View on ACRIS ↗
COURT ORDER Jul 26, 2010
party 1/grantor City Of New York
party 2/grantee City Of New York
View on ACRIS ↗
MORTGAGE $1,610,459 Jan 4, 2008
mortgagor/borrower President Sai Ii, LLC
mortgagee/lender Mutual Bank
View on ACRIS ↗
DEED $6,200,000 Jan 4, 2008
grantor/seller President Developers LLC
grantee/buyer President Sai Ii , LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $4,650,000 Jan 4, 2008
assignor President Sai Ii, LLC
assignee Mutual Bank
View on ACRIS ↗
AGREEMENT $4,650,000 Jan 4, 2008
party 1 President Sai Ii, LLC
party 2 Mutual Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jan 4, 2008
party one President Development LLC
party two Brooklyn Federal Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 4, 2008
assignor/old lender Bfs Reit, Inc.
assignee/new lender Mutual Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Aug 10, 2005
assignor/old lender Brooklyn Federal Savings Bank
assignee/new lender Bfs Reit, Inc.
View on ACRIS ↗
DEED $4,200,000 Aug 10, 2005
grantor/seller 561 President Realty LLC
grantee/buyer President Developers LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS Aug 10, 2005
assignor Brooklyn Federal Savings Bank
assignee President Developers LLC
View on ACRIS ↗
MORTGAGE $3,150,000 Aug 10, 2005
mortgagor/borrower President Developers LLC
mortgagee/lender Brooklyn Federal Savings Bank
View on ACRIS ↗
CORRECTION DEED Jul 27, 2004
grantor/seller 561 President Realty LLC
grantee/buyer 561 President Realty LLC
View on ACRIS ↗
CERTIFICATE Feb 13, 2004
party 1 Nyc Department Of Finance
View on ACRIS ↗
MORTGAGE $797,225 Jun 19, 2001
mortgagor/borrower 561 President Realtyllc
mortgagee/lender Hsbc Bank Usa
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jun 19, 2001
assignor/old lender 561 President Realtyllc
assignee/new lender Hsbc Bank Usa
View on ACRIS ↗
SATISFACTION OF MORTGAGE Dec 13, 1999
mortgager/borrower 545 President St Corp
mortgagee/lender Staten Island Savoings Bank
View on ACRIS ↗
SATISFACTION OF MORTGAGE Nov 18, 1999
mortgager/borrower 545 President St Corp
mortgagee/lender Staten Island Savings Bank
View on ACRIS ↗
DEED Sep 1, 1999
grantor/seller 545 President Streetcorp
grantee/buyer 561 President Realtyllc
View on ACRIS ↗
MORTGAGE $700,000 Sep 1, 1999
mortgagor/borrower 561 President Realtyllc
mortgagee/lender Republic National Bank Of New York
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 1, 1999
assignor/old lender 561 President Realtyllc
assignee/new lender Republic National Bank Of New York
View on ACRIS ↗
MORTGAGE $300,000 Dec 5, 1997
mortgagor/borrower 545 President St Corp
mortgagee/lender Staten Island Savings Bank
View on ACRIS ↗
STREET PROCEDURE Nov 25, 1997
party 1 545 President St Corp
View on ACRIS ↗
SATISFACTION OF MORTGAGE Sep 12, 1996
mortgager/borrower 545 President Streetcorp.
mortgagee/lender Colonial Mirror Andglass Corp.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 17, 1993
assignor/old lender Colonial Mirror & Glass
assignee/new lender Weiner, Benjamin
View on ACRIS ↗
MAPS Apr 2, 1993
party 1 Nyc Dept Environ/Protect
View on ACRIS ↗
MAPS Feb 19, 1993
party 1 Nyc Dept Environ Protect
View on ACRIS ↗
DEED Dec 1, 1992
grantor/seller 545 President St Corp
grantee/buyer Arloro, Isabella; Arloro, Luigi
View on ACRIS ↗
DEED Nov 5, 1992
grantor/seller Messina, Joan
grantee/buyer 545 President St Corp
View on ACRIS ↗
DEED Nov 5, 1992
grantor/seller Messina, Patsy
grantee/buyer 545 President St Corp
View on ACRIS ↗
DEED Nov 5, 1992
grantor/seller Messina, Salvatore Jr
grantee/buyer 545 President St Corp
View on ACRIS ↗
DEED Sep 15, 1992
grantor/seller 545 President St Corp
grantee/buyer Messina, Salvatore Jr
View on ACRIS ↗
DEED Aug 28, 1992
grantor/seller 545 President St Corp
grantee/buyer Messina, Salvatore Jr
View on ACRIS ↗
DEED Aug 28, 1992
grantor/seller 545 President St Corp
grantee/buyer Messina, Patsy
View on ACRIS ↗
DEED Aug 28, 1992
grantor/seller 545 President St Corp
grantee/buyer Messina, Joan
View on ACRIS ↗
DEED Apr 18, 1991
grantor/seller Colonial Mirror&Glass Cp
grantee/buyer 545 President St Corp
View on ACRIS ↗
RELEASE Apr 18, 1991
party 1 Ibj Schroder Bk &Tr/Nka; J Henry Schroder Bk&Tr
party 2 Colonial Mirror &Glass C
View on ACRIS ↗
MORTGAGE $210,000 Apr 18, 1991
mortgagor/borrower 545 President St Corp
mortgagee/lender Colonial Mirror &Glass C
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 18, 1991
assignor/old lender 545 President St Corp
assignee/new lender Colonial Mirror &Glass C
View on ACRIS ↗
SATISFACTION OF MORTGAGE Sep 12, 1988
mortgager/borrower Colonial Mirror & Glass
mortgagee/lender Usa Small Bus.Admin
View on ACRIS ↗
MORTGAGE Nov 9, 1979
mortgagor/borrower Colonial Mirror & Glass Corp
mortgagee/lender Administrator Of Small Business Administration
View on ACRIS ↗
MORTGAGE Nov 7, 1979
mortgagor/borrower Colonial Mirror And Glass Corp
mortgagee/lender Bank And Trust Company; Schroder Henry J +3
View on ACRIS ↗
DEED Jun 15, 1979
grantor/seller American Consumer Industries Inc; American Ice Co
grantee/buyer Colonial Mirror & Glass Corp
View on ACRIS ↗
DEED Apr 9, 1975
grantor/seller American Consumer Industries Inc
grantee/buyer Brookmont Rlty Corp
View on ACRIS ↗
MORTGAGE Jun 30, 1967
mortgagor/borrower American Consumer Industries Inc
mortgagee/lender Security National Bank Of Long Island
View on ACRIS ↗
DOB violations — total 19 · open 4 · dismissed 15
Elevators Active Oct 10, 2025
BIS ↗
Elevators Active Oct 10, 2025
BIS ↗
Elevators Active Oct 11, 2024
BIS ↗
Show all 19
Elevators Active Oct 11, 2024
BIS ↗
Benchmarking - LL84 Dismissed Feb 2, 2023
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
Energy Grade - LL33 Dismissed Dec 1, 2022
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗
Benchmarking - LL84 Dismissed Nov 2, 2022
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
Retro-Commissioning - LL87 Dismissed Aug 21, 2022
FAILURE TO SUBMIT AN EER PER AD. CODE SEC. 28-308.4 IN 2021
BIS ↗
Benchmarking - LL84 Dismissed Aug 2, 2022
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
AEUHAZ Dismissed Sep 16, 2020
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗
Benchmarking - LL84 Dismissed Aug 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
C-CONSTRUCTION OTHER OPTIONAL Dismissed May 8, 2020
THE DOB HEREBY ORDERS YOU TO STOP ALL WORK UNDER JOB #320915943 DUE TO CONTRACTOR WITHDRAWAL
BIS ↗
C-CONSTRUCTION OTHER OPTIONAL Dismissed May 8, 2020
THE DOB HEREBY ORDERS YOU TO STOP ALL WORK UNDER JOB #320915943 DUE TO CONTRACTOR WITHDRAWAL
BIS ↗
Benchmarking - LL84 Dismissed May 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
AEUHAZ Dismissed May 31, 2017
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗
Elevators Dismissed Feb 27, 2009
BIS ↗
Elevators Dismissed Mar 21, 2008
BIS ↗
Elevators Dismissed Apr 2, 2007
BIS ↗
LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Mar 8, 2001
BIS ↗
DOB complaints — total 40 · open 0 · closed 40
Category 1Y Closed Aug 4, 2026
Complaint 3A74297
View on BIS ↗
Curb cut/driveway/carport – illegal Closed Oct 27, 2021
Complaint 3819368
View on BIS ↗
Category 7G Closed Jun 2, 2021
Complaint 3799748
View on BIS ↗
Show all 40
Debris/building – falling or danger of falling Closed Nov 2, 2020
Complaint 3775261
View on BIS ↗
Site conditions endangering workers Closed Aug 13, 2020
Complaint 3764714
View on BIS ↗
Category 7G Closed Jun 25, 2020
Complaint 3757220
View on BIS ↗
Category 1X Closed May 8, 2020
Complaint 3752046
View on BIS ↗
Category 2N Closed May 1, 2020
Complaint 3751492
View on BIS ↗
Category 7G Closed Mar 19, 2020
Complaint 3747485
View on BIS ↗
After-hours work – illegal Closed Dec 14, 2019
Complaint 3734439
View on BIS ↗
Category 7F Closed Sep 26, 2019
Complaint 3723473
View on BIS ↗
Category 7G Closed Sep 26, 2019
Complaint 3723393
View on BIS ↗
Site conditions endangering workers Closed Sep 20, 2019
Complaint 3722501
View on BIS ↗
Category 7G Closed Apr 16, 2019
Complaint 3696676
View on BIS ↗
Construction – contrary to/beyond approved plans Closed Mar 27, 2019
Complaint 3693214
View on BIS ↗
Category 7G Closed Mar 7, 2019
Complaint 3689798
View on BIS ↗
Category 7G Closed Mar 7, 2019
Complaint 3689799
View on BIS ↗
Work contrary to stop-work order Closed Jan 25, 2019
Complaint 3684126
View on BIS ↗
Construction – contrary to/beyond approved plans Closed Dec 18, 2018
Complaint 3679727
View on BIS ↗
Site conditions endangering workers Closed Dec 17, 2018
Complaint 3679569
View on BIS ↗
Safety net/guardrail – damaged/inadequate/none Closed Dec 14, 2018
Complaint 3679389
View on BIS ↗
Site conditions endangering workers Closed Dec 10, 2018
Complaint 3678751
View on BIS ↗
After-hours work – illegal Closed Dec 8, 2018
Complaint 3678602
View on BIS ↗
Debris – excessive Closed Nov 10, 2018
Complaint 3674944
View on BIS ↗
Permit – none (building/PA/demolition) Closed Jun 23, 2018
Complaint 3655038
View on BIS ↗
Permit – none (building/PA/demolition) Closed Jan 25, 2018
Complaint 3635960
View on BIS ↗
Permit – none (building/PA/demolition) Closed Nov 30, 2017
Complaint 3629537
View on BIS ↗
Category 4S Closed Nov 20, 2017
Complaint 3628317
View on BIS ↗
Work contrary to stop-work order Closed Sep 21, 2017
Complaint 3620233
View on BIS ↗
Category 4C Closed Mar 1, 2017
Complaint 3593450
View on BIS ↗
Category 4C Closed Feb 28, 2017
Complaint 3593304
View on BIS ↗
Structural stability impacted by new construction Closed Dec 23, 2016
Complaint 3585998
View on BIS ↗
Excavation – undermining adjacent building Closed Nov 16, 2016
Complaint 3581843
View on BIS ↗
Fence – none/inadequate/illegal Closed Mar 15, 2016
Complaint 3550897
View on BIS ↗
Material storage – unsafe Closed Jul 13, 2015
Complaint 3522419
View on BIS ↗
Category 2E Closed Oct 30, 2014
Complaint 3497217
View on BIS ↗
Permit – none (building/PA/demolition) Closed Aug 19, 2014
Complaint 3489843
View on BIS ↗
Demolition – unsafe/illegal/mechanical Closed Mar 18, 2009
Complaint 3298408
View on BIS ↗
Certificate of occupancy – none/illegal/contrary Closed Jul 30, 2003
Complaint 3116517
View on BIS ↗
Category 27 Closed Oct 27, 1999
Complaint 3074987
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL3004410042
SWIS610100
Parcel ID6101003004410042

Who owns 561 President Street?

561 President Street, Brooklyn is owned by President Sai Ii , LLC per the 2025 NYS assessment roll. It last sold for $6,200,000 in Oct 2007.
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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