NY Property Records
516 Vanderbilt Avenue
516 Vanderbilt Avenue
Brooklyn · Kings County · 11238
11 · Vacant LandSold $4,836,000 · Mar 2010 ↗
Owner of record
OwnerMta - Lirr
Assessment · 2025 roll
Land assessed$281,700
Total assessed$281,700
Est. annual tax$30,317 (2027, excl. special districts)
Building
StyleNot Zoned Residential or Manhattan Below 110 St
Lot
Size0.27 acres (GIS)
Frontage × depth75 × 95 ft
Lot sq ft11,500
Zoning
DistrictM1-1
FAR0.0 built · 1.0 max commercial · 2.4 max facility
Zoning map16c
Recorded documents · 54
ASSIGNMENT OF LEASE
Oct 28, 2025
party 1 Ay Phase Ii Development Company LLC
party 2 Brooklyn Ascending Owner LLC
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BOTH RPTT AND RETT
$28,875,658
Oct 28, 2025
grantor/seller Brooklyn Ascending Reo Jv, LLC
grantee/buyer Brooklyn Ascending Mezz LLC
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BOTH RPTT AND RETT
$100,000
Oct 28, 2025
grantor/seller Ay Phase Iii Mezzanine, LLC
grantee/buyer Brooklyn Ascending Assignee LLC
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BOTH RPTT AND RETT
$100,000
Oct 28, 2025
grantor/seller Ay Phase Ii Mezzanine, LLC
grantee/buyer Brooklyn Ascending Assignee LLC
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TERMINATION OF AGREEMENT
Nov 6, 2019
party 1 Metropolitan Transportation Authority; The Long Island Rail Road Company
party 2 Aydc Interim Developer, LLC; Brooklyn Arena, LLC +2
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TERMINATION OF AGREEMENT
Oct 29, 2019
party 1 Metropolitan Transportation Authority; The Long Island Rail Road Company
party 2 Aydc Interim Developer, LLC; Aydc Regional Development Company, LLC +2
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AGREEMENT
Feb 14, 2019
party 1 Atlantic Yards Venture, LLC
party 2 Pacific Park Member LLC
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EASEMENT
Feb 14, 2019
grantor/seller Ay Phase Ii Development Company, LLC
grantee/buyer 595 Dean LLC; 615 Dean LLC +2
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AGREEMENT
Dec 26, 2018
party 1 Atlantic Yards Venture, LLC
party 2 662 Pacific Street, LLC
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MEMORANDUM OF LEASE
Dec 26, 2018
lessor Ay Phase Ii Development Company, LLC
lessee Empire State Development; New York State Urban Development Corporation
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MEMORANDUM OF LEASE
Nov 7, 2018
lessor Empire State Development; New York State Urban Development Corporation
lessee Ay Phase Ii Development Company, LLC
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EASEMENT
Dec 22, 2016
grantor/seller Empire State Development; New York State Urban Development Corporation
grantee/buyer Atlantic Yards Venture, LLC; Greenland Forest City Partners
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ASSIGNMENT OF LEASE
Oct 17, 2014
party 1 Atlantic Yards Venture, LLC
party 2 Ay Phase Ii Development Company, LLC
View on ACRIS ↗
EASEMENT
Aug 4, 2014
grantor/seller Empire State Development Corporation; New York State Urban Development Corporation
grantee/buyer Aydc Regional Development Company, LLC; Metropolitan Transportation Authority +1
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EASEMENT
Aug 1, 2014
grantor/seller Empire State Development Corporation; New York State Urban Development Corporation
grantee/buyer Atlantic Yards Development Company, LLC; Metropolitan Transportation Authority +1
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ASSIGNMENT OF LEASE
$10
Jul 9, 2014
party 1 Atlantic Yards Development Company, LLC
party 2 Atlantic Yards Venture, LLC
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AGREEMENT
Apr 10, 2012
party 1 Nyc Department Of Transportation
party 2 Metropolitan Transportation Authority (Lirr)
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MEMORANDUM OF LEASE
Mar 23, 2012
lessor Empire State Development Corporation; New York State Urban Development Corporation
lessee Atlantic Yards Development Company, LLC
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COURT ORDER
Aug 20, 2010
party 1/grantor New York State Urban Development Corporation D/B/A
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SUNDRY MISCELLANEOUS
May 26, 2010
party 1 475 Dean Street Development Company, LLC; Atlantic Rail Yards,LLC +37
party 2 Brooklyn Arena Holdings Company, LLC; Brooklyn Arena, LLC +3
View on ACRIS ↗
DEED
$10
May 14, 2010
grantor/seller Empire State Development Corporation; New York State Urban Development Corporation
grantee/buyer Empire State Development Corporation; Metropolitan Transportation Authority +1
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EASEMENT
Mar 12, 2010
grantor/seller Empire State Development Corporation; New York State Urban Development Corporation
grantee/buyer Atlantic Yards Development Company, LLC; Metropolitan Transportation Authority +1
View on ACRIS ↗
EASEMENT
Mar 12, 2010
grantor/seller Empire State Development Corporation; New York State Urban Development Corporation
grantee/buyer Aydc Interim Developer, LLC; Metropolitan Transportation Authority +1
View on ACRIS ↗
EASEMENT
Mar 12, 2010
grantor/seller Empire State Development Corporation; New York State Urban Development Corporation
grantee/buyer Aydc Interim Developer, LLC; Brooklyn Arena, LLC +2
View on ACRIS ↗
MEMORANDUM OF LEASE
$4,836,000
Mar 12, 2010
lessor Empire State Development Corporation; New York State Urban Development Corporation
lessee Atlantic Yards Development Company, LLC
View on ACRIS ↗
EASEMENT
Dec 21, 2009
grantor/seller The Long Island Rail Road Company
grantee/buyer Metropolitan Transportation Authority
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Mar 18, 2009
mortgager/borrower David Oil Corp.
mortgagee/lender European American Bank
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TERMINATION OF ASSIGN OF L&R
Nov 25, 2008
party one Citibank, N.A.; European American Bank
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RELEASE
Feb 25, 2008
party 1 Awr Holdings, LLC; David Oil Corp +1
party 2 Citibank, N.A.
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PARTIAL RELEASE OF MORTGAGE
Feb 25, 2008
party one Awr Holdings, LLC; David Oil Corp +1
party two Citibank, N.A.
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AGREEMENT
$8,350,000
Mar 22, 2006
party 1 Awr Holdings, LLC; David Oil Corp. +1
party 2 Citibank, N.A.
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AGREEMENT
$693,809
Feb 21, 2006
party 1 Awr Holdings, LLC; David Oil Corp. +1
party 2 Citibank, N.A
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AGREEMENT
$7,032,182
Jan 19, 2006
party 1 Awr Holdings, Lc; David Oil Corp. +1
party 2 Citibank, N.A.
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AGREEMENT
$355,000
Nov 9, 2005
party 1 David Oil Corp.; Heron Real Estate Corp.
party 2 Citibank, N.A.
View on ACRIS ↗
MORTGAGE
$355,000
May 10, 2000
mortgagor/borrower David Oil Corp
mortgagee/lender European American Bank
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ASSIGNMENT, MORTGAGE
May 10, 2000
assignor/old lender David Oil Corp.
assignee/new lender European American Bank
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ASSIGNMENT, MORTGAGE
Oct 8, 1999
assignor/old lender David Oil Corp
assignee/new lender European American Bank
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MORTGAGE
$8,350,000
Oct 8, 1999
mortgagor/borrower David Oil Corp
mortgagee/lender European American Bank
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SUNDRY MISCELLANEOUS
$8,350,000
Aug 20, 1999
party 1 David Oil Corporation
party 2 European American Bank
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DEED
Mar 24, 1999
grantor/seller Berkowitz, Louis/Lwt; Katz, Louis/Exec +1
grantee/buyer David Oil Corporation
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DEED
Oct 14, 1988
grantor/seller Commissioner Of Finance
grantee/buyer City Of New York
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DEED
Dec 17, 1986
grantor/seller L B Oil Co Inc
grantee/buyer Berkowitz, Louis Lwt; Katz, Louis +1
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LEASE
Dec 10, 1971
lessor/landlord L B Oil Co Inc (Lessor)
lessee/tenant American Oil Co (Lessee)
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ASSIGNMENT, MORTGAGE
Feb 9, 1971
assignor/old lender Texaco Inc
assignee/new lender 491-51 Lexington Ave Inc
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AGREEMENT
Feb 21, 1969
party 1 Metroplitan Commuter Transportation Authority; Metropolitan Commuter +6
party 2 Krcoky Edward M As Successor Of; Kresky Edwad M As Successor Of +20
View on ACRIS ↗No DOB violations, HPD violations, or complaints on file.
Deed & identifiers
SBL3011210042
SWIS610100
Parcel ID6101003011210042
Who owns 516 Vanderbilt Avenue?
516 Vanderbilt Avenue, Brooklyn is owned by Mta - Lirr per the 2025 NYS assessment roll. It last sold for $4,836,000 in Mar 2010.
Nearby on Vanderbilt Avenue
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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