NY Property Records
88 Schermerhorn Street
88 Schermerhorn Street
Brooklyn · Kings County · 11201
03 · Elevator AptsSold $11,250,000 · Jul 2022 ↗
Owner of record
Owner88 Schermerhorn Holdings LLC
Assessment · 2025 roll
Land assessed$395,550
Total assessed$5,368,050
Est. annual tax$659,295 (2027, excl. special districts)
Building
StyleSemi-fireproof (Without Stores)
Year built2024
Living area42,248 sq ft
Lot
Size0.08 acres (GIS)
Frontage × depth33 × 100 ft
Lot sq ft3,333
Zoning
DistrictC5-4
Special districtDB
FAR12.68 built · 10.0 max residential · 10.0 max commercial · 10.0 max facility
Zoning map16c
Recorded documents · 58
ASSIGNMENT OF LEASES AND RENTS
$34,000,000
Mar 20, 2026
assignor 88 Schermerhorn Holdings LLC
assignee Ponce Bank, N.A.
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Mar 20, 2026
party one Ponce Bank
party two 88 Schermerhorn Holdings LLC
View on ACRIS ↗
MORTGAGE
$4,000,000
Mar 20, 2026
mortgagor/borrower 88 Schermerhorn Holdings LLC
mortgagee/lender Ponce Bank, N.A.
View on ACRIS ↗Show all 58
AGREEMENT
$34,000,000
Mar 20, 2026
party 1 88 Schermerhorn Holdings LLC
party 2 Ponce Bank, N.A.
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Mar 20, 2026
party one Ponce Bank
party two 88 Schermerhorn Holdings LLC
View on ACRIS ↗
TERMINATION OF AGREEMENT
Mar 20, 2026
party 1 Ponce Bank
party 2 88 Schermerhorn Holdings LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jun 20, 2023
party one Valley National Bank
party two 88 Schermerhorn Holdings LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jun 20, 2023
assignor/old lender Valley National Bank
assignee/new lender Ponce Bank
View on ACRIS ↗
MORTGAGE
$1,680,521
Jun 20, 2023
mortgagor/borrower 88 Schermerhorn Holdings LLC
mortgagee/lender Ponce Bank
View on ACRIS ↗
AGREEMENT
$11,880,521
Jun 20, 2023
party 1 88 Schermerhorn Holdings LLC
party 2 Ponce Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$11,880,521
Jun 20, 2023
assignor 88 Schermerhorn Holdings LLC
assignee Ponce Bank
View on ACRIS ↗
MORTGAGE
$18,119,479
Jun 20, 2023
mortgagor/borrower 88 Schermerhorn Holdings LLC
mortgagee/lender Ponce Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$18,119,479
Jun 20, 2023
assignor 88 Schermerhorn Holdings LLC
assignee Ponce Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Aug 15, 2022
party one Rerev5 LLC
party two 88 Schermerhorn Hotel, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Aug 15, 2022
assignor/old lender Rerev5 LLC
assignee/new lender Valley National Bank
View on ACRIS ↗
MORTGAGE
$2,700,000
Aug 15, 2022
mortgagor/borrower 88 Schermerhorn Holdings LLC
mortgagee/lender Valley National Bank
View on ACRIS ↗
AGREEMENT
$10,200,000
Aug 15, 2022
party 1 88 Schermerhorn Holdings LLC
party 2 Valley National Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$10,200,000
Aug 15, 2022
assignor 88 Schermerhorn Holdings LLC
assignee Valley National Bank
View on ACRIS ↗
DEED
$11,250,000
Aug 10, 2022
grantor/seller 88 Schermerhorn Hotel, LLC
grantee/buyer 88 Schermerhorn Holdings LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$7,500,000
Aug 13, 2019
assignor Shermerhorn Hotel, LLC
assignee Rerev5 LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Aug 13, 2019
assignor/old lender Rev 5 LLC
assignee/new lender Rerev5 LLC
View on ACRIS ↗
DEED
$13,647,512
Aug 13, 2019
grantor/seller 88 Schermerhorn Owner, LLC
grantee/buyer 88 Schermerhorn Hotel, LLC
View on ACRIS ↗
MORTGAGE
$7,005,000
Aug 13, 2019
mortgagor/borrower Shermerhorn Hotel, LLC
mortgagee/lender Rerev5 LLC
View on ACRIS ↗
MORTGAGE
$495,000
Nov 3, 2017
mortgagor/borrower 88 Schermerhorn Owner, LLC
mortgagee/lender Rev 5 LLC
View on ACRIS ↗
BOTH RPTT AND RETT
$10,500,000
Nov 3, 2017
grantor/seller R W 88 Schermehorn Feeder Sub, LLC
grantee/buyer 188 Schermerhorn Developers LLC
View on ACRIS ↗
CERTIFICATE
Apr 10, 2015
party 1 National Granite Title Insurance Agency, Inc.
party 2 City Of New York
View on ACRIS ↗
CERTIFICATE
Nov 5, 2014
party 1 National Granite Title Agency
party 2 City Of New York
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Oct 16, 2014
party one W Financial Fund, Lp
party two 88 Schermerhorn LLC
View on ACRIS ↗
DEED
$11,000,000
Oct 16, 2014
grantor/seller 88 Schermerhorn LLC
grantee/buyer 88 Schermerhorn Owner, LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Oct 16, 2014
mortgager/borrower 88 Schermerhorn LLC
mortgagee/lender W Financial Fund, Lp
View on ACRIS ↗
BOTH RPTT AND RETT
$175,000
Nov 21, 2013
grantor/seller Tradition Realty LLC
grantee/buyer 88 Schermerhorn LLC
View on ACRIS ↗
AGREEMENT
$3,100,000
Oct 18, 2013
party 1 88 Schermerhorn Ll
party 2 W Financial Fund, Lp
View on ACRIS ↗
DEED
$3,750,000
Oct 17, 2013
grantor/seller Tradition Realty LLC
grantee/buyer 88 Schermerhorn LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Oct 16, 2013
party one Greenpoint Mortgage Funding Inc.
party two Tradition Realty LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$3,100,000
Oct 15, 2013
assignor 88 Schermerhorn LLC
assignee W Financial Fund, Lp
View on ACRIS ↗
MORTGAGE
$2,378,309
Oct 15, 2013
mortgagor/borrower 88 Schermerhorn LLC
mortgagee/lender W Financial Fund, Lp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Oct 15, 2013
assignor/old lender Greenpoint Mortgage Funding, Inc.
assignee/new lender W Financial Fund, Lp
View on ACRIS ↗
POWER OF ATTORNEY
Nov 4, 2005
party one Panebianco, Richard
party two Panebianco, Shirley
View on ACRIS ↗
DEED
$2,266,667
Nov 4, 2005
grantor/seller Feliciano, Valentin; Panebianco, Richard +1
grantee/buyer Tradition Realty LLC
View on ACRIS ↗
MORTGAGE
$875,000
Nov 4, 2005
mortgagor/borrower Tradition Realty LLC
mortgagee/lender Greenpoint Mortgage Funding, Inc.
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$875,000
Nov 4, 2005
assignor Greenpoint Mortgage Funding, Inc.
assignee Tradition Realty LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 3, 1997
mortgager/borrower Feliciano, Valentinjr; Panebianco, Richards +1
mortgagee/lender Chase Manhattan Bank
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Feb 3, 1997
mortgager/borrower Feliciano, Valentin; Panebianco, Richard +1
mortgagee/lender Dumaine, Avdoc; Dumaine, George
View on ACRIS ↗
MORTGAGE
$425,000
Dec 28, 1990
mortgagor/borrower Feliciano, Valentinjr; Paneblanco, Richards +1
mortgagee/lender Chase Manhattan Bankna
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Sep 6, 1989
mortgager/borrower Dumaine Rlty Corporation
mortgagee/lender Independence Savingsbk
View on ACRIS ↗
DEED
Jun 20, 1980
grantor/seller Dumaine Avdoc; Dumaine Georges
grantee/buyer Feliciano Valentin; Panebainco Richard +1
View on ACRIS ↗
MORTGAGE
Jun 20, 1980
mortgagor/borrower Felicaino Valentin; Panebianco Richard +1
mortgagee/lender Dumaine Avdoc; Dumaine Goerges
View on ACRIS ↗
DEED
Sep 20, 1979
grantor/seller Dumaine Realty Corp
grantee/buyer Dumaine Advoc; Dumaine Georges
View on ACRIS ↗
MORTGAGE
Mar 2, 1979
mortgagor/borrower Dumaine Rlty Corp
mortgagee/lender Independence Savs Bk
View on ACRIS ↗
DEED
Feb 16, 1979
grantor/seller Dumaine Avdoc; Dumaine Georges
grantee/buyer Dumaine Realty Corp
View on ACRIS ↗
MORTGAGE
May 22, 1973
mortgagor/borrower Dumaine Abdoe; Dumaine Avdoc +1
mortgagee/lender Jamaica Savs Bank
View on ACRIS ↗
MORTGAGE
May 18, 1973
mortgagor/borrower Dumaine Abdoe; Dumaine Goerges
mortgagee/lender Jamaica Savs Bk
View on ACRIS ↗DOB violations — total 14 · open 1 · dismissed 13
Benchmarking - LL84
Dismissed
Dec 3, 2025
BIS ↗Benchmarking - LL84
Dismissed
Sep 26, 2025
BIS ↗AEUHAZ
Dismissed
Sep 29, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗Show all 14
AEUHAZ
Dismissed
Mar 3, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Mar 3, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Mar 3, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗AEUHAZ
Dismissed
Mar 3, 2021
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Jan 19, 2007
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Jan 19, 2007
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 26, 2002
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 26, 2002
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Feb 7, 2000
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Feb 7, 2000
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Active
Aug 16, 1993
BIS ↗DOB complaints — total 64 · open 0 · closed 64
Show all 64
Construction – contrary to/beyond approved plans
Closed
Dec 17, 2024
Complaint 3988141
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Apr 25, 2021
Complaint 3794666
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Dec 8, 2020
Complaint 3779443
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Dec 8, 2020
Complaint 3779450
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Jul 29, 2009
Complaint 3313646
View on BIS ↗HPD violations — total 15 · open 0 · closed 15
A · Non-hazardous
Closed
Jun 10, 2025
(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 ↗
I · Order to correct
Closed
Nov 25, 2024
§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 ↗
A · Non-hazardous
Closed
Apr 11, 2024
(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 ↗Show all 15
I · Order to correct
Closed
Nov 17, 2023
§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 ↗
A · Non-hazardous
Closed
Mar 24, 2023
(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 ↗
I · Order to correct
Closed
Nov 4, 2022
§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 ↗
A · Non-hazardous
Closed
Mar 2, 2022
(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 ↗
I · Order to correct
Closed
Mar 2, 2022
§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 ↗
A · Non-hazardous
Closed
Apr 13, 2021
(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 ↗
I · Order to correct
Closed
Apr 13, 2021
§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 ↗
I · Order to correct
Closed
Oct 31, 2019
§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 ↗
I · Order to correct
Closed
Oct 19, 2018
§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 ↗
I · Order to correct
Closed
Nov 29, 2017
§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 ↗
I · Order to correct
Closed
Nov 15, 2016
§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 ↗
I · Order to correct
Closed
Oct 14, 2015
§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
SBL3002710045
SWIS610100
Parcel ID6101003002710045
Who owns 88 Schermerhorn Street?
88 Schermerhorn Street, Brooklyn is owned by 88 Schermerhorn Holdings LLC per the 2025 NYS assessment roll. It last sold for $11,250,000 in Jul 2022.
Nearby on Schermerhorn 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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