NY Property Records

540 Waverly Avenue
Brooklyn · Kings County · 11238

04 · Mixed Res & CommercialSold $17,250,000 · Dec 2019 ↗
Owner of record
OwnerCad Waverly LLC
Assessment · 2025 roll
Land assessed$874,800
Total assessed$14,042,700
Est. annual tax$1,755,338 (2027, excl. special districts)
Building
StyleFireproof - With Stores
Year built2020
Living area111,742 sq ft
Lot
Size0.57 acres (GIS)
Frontage × depth220 × 219 ft
Lot sq ft23,754
Zoning
DistrictR7A
Commercial overlayC2-4
FAR5.02 built · 4.0 max residential · 4.0 max facility
Zoning map16c
Recorded documents · 39
ASSIGNMENT, MORTGAGE May 6, 2026
assignor/old lender Federal Home Loan Mortgage Corporation
assignee/new lender Computershare Trust Company, National Association,
View on ACRIS ↗
SUBORDINATION OF MORTGAGE Jan 22, 2026
party one Jll Real Estate Capital, LLC
party two The City Of New York
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 22, 2026
assignor/old lender H.I.G. Realty Financing I, LLC
assignee/new lender Jll Real Estate Capital, LLC
View on ACRIS ↗
Show all 39
MORTGAGE $12,151,000 Jan 22, 2026
mortgagor/borrower Cad Waverly LLC
mortgagee/lender Jll Real Estate Capital, LLC
View on ACRIS ↗
AGREEMENT $59,026,000 Jan 22, 2026
party 1 Cad Waverly LLC
party 2 Jll Real Estate Capital, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 22, 2026
assignor/old lender Jll Real Estate Capital, LLC
assignee/new lender Federal Home Loan Mortgage Company
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 22, 2026
assignor/old lender H.I.G. Rcp 2023-Fl1, LLC
assignee/new lender H.I.G. Realty Financing I, LLC
View on ACRIS ↗
ASGN OF ASGN OF L&R May 30, 2024
assignor H.I.G. Realty Credit Investments, LLC
assignee H.I.G. Rcp 2023-Fl1, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 30, 2024
assignor/old lender H.I.G. Realty Financing Ii, LLC
assignee/new lender H.I.G. Realty Credit Investments, LLC
View on ACRIS ↗
ASGN OF ASGN OF L&R May 30, 2024
assignor H.I.G. Realty Financing Ii, LLC
assignee H.I.G. Realty Credit Investments, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 30, 2024
assignor/old lender H.I.G. Realty Credit Investments, LLC
assignee/new lender H.I.G. Rcp 2023-Fl1, LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $46,875,000 Jan 9, 2024
assignor Cad Waverly LLC
assignee H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
CORRECTION MORTGAGE $8,850,000 Jan 9, 2024
mortgagor/borrower Cad Waverly LLC
mortgagee/lender H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
AGREEMENT $71,000,000 Mar 20, 2023
party 1 H.I.G. Realty Financing Ii, LLC
party 2 Department Of Housing Preservation And Development
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jan 24, 2023
party one Cad Waverly LLC
party two 540 Waverly Funding LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 24, 2023
assignor/old lender 540 Waverly Funding LLC
assignee/new lender H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jan 24, 2023
party one Cad Waverly LLC
party two 540 Waverly Funding LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 24, 2023
assignor/old lender 540 Waverly Funding LLC
assignee/new lender H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 24, 2023
assignor/old lender 540 Waverly Funding LLC
assignee/new lender H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Jan 24, 2023
party one Cad Waverly LLC
party two 540 Waverly Funding LLC
View on ACRIS ↗
MORTGAGE $8,850,000 Jan 24, 2023
mortgagor/borrower Cad Waverly LLC
mortgagee/lender H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
AGREEMENT $46,875,000 Jan 24, 2023
party 1 Cad Waverly LLC
party 2 H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $46,875,000 Jan 24, 2023
assignor Cad Waverly LLC
assignee H.I.G. Realty Financing Ii, LLC
View on ACRIS ↗
SUNDRY MISCELLANEOUS Jan 17, 2023
party 1 Cad Waverly LLC
View on ACRIS ↗
SUNDRY AGREEMENT May 13, 2020
party 1 540 Waverly Funding LLC
party 2 City Of New York; Dept Of Housing Preservation And Development
View on ACRIS ↗
SUNDRY AGREEMENT May 13, 2020
party 1 Cad Waverly LLC
party 2 City Of New York; Dept Of Housing Preservation And Development
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $7,656,014 Jan 15, 2020
assignor Cad Waverly LLC
assignee 540 Waverly Funding LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $20,943,986 Jan 15, 2020
assignor Cad Waverly LLC
assignee 540 Waverly Funding LLC
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $9,425,000 Jan 15, 2020
assignor Cad Waverly LLC
assignee 540 Waverly Funding LLC
View on ACRIS ↗
CERTIFICATE Jan 15, 2020
party 1 Stewart Title Insurance Company
View on ACRIS ↗
DEED $17,250,000 Jan 15, 2020
grantor/seller Verizon New York Inc.
grantee/buyer Cad Waverly LLC
View on ACRIS ↗
EASEMENT Jan 15, 2020
grantor/seller Verizon New York Inc.
grantee/buyer Cad Waverly LLC
View on ACRIS ↗
MORTGAGE $7,656,014 Jan 15, 2020
mortgagor/borrower Cad Waverly LLC
mortgagee/lender 540 Waverly Funding LLC
View on ACRIS ↗
MORTGAGE $20,943,986 Jan 15, 2020
mortgagor/borrower Cad Waverly LLC
mortgagee/lender 540 Waverly Funding LLC
View on ACRIS ↗
MORTGAGE $9,425,000 Jan 15, 2020
mortgagor/borrower Cad Waverly LLC
mortgagee/lender 540 Waverly Funding LLC
View on ACRIS ↗
SUNDRY AGREEMENT Jan 15, 2020
party 1 Verizon New York Inc.
party 2 Cad Waverly LLC
View on ACRIS ↗
TERMINATION OF AGREEMENT Jan 15, 2020
party 1 Verizon New York Inc.
party 2 Verizon New York Inc.
View on ACRIS ↗
ZONING LOT DESCRIPTION Jan 15, 2020
party one Cad Waverly LLC
View on ACRIS ↗
SUNDRY MISCELLANEOUS Jan 15, 2020
party 1 540 Waverly Funding LLC
View on ACRIS ↗
DOB complaints — total 21 · open 0 · closed 21
Storefront/sign/awning/marquee – illegal Closed Jun 7, 2024
Complaint 3963962
View on BIS ↗
Building shaking/vibrating/structural stability Closed Nov 30, 2023
Complaint 3937224
View on BIS ↗
Storefront/sign/awning/marquee – illegal Closed Jan 18, 2023
Complaint 3890255
View on BIS ↗
Show all 21
Debris/building – falling or danger of falling Closed Mar 8, 2022
Complaint 3834651
View on BIS ↗
Site conditions endangering workers Closed Mar 8, 2022
Complaint 3834667
View on BIS ↗
Category 8A Closed Jan 20, 2022
Complaint 3828702
View on BIS ↗
Category 8A Closed Oct 18, 2021
Complaint 3818034
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Oct 16, 2021
Complaint 3817959
View on BIS ↗
Work contrary to stop-work order Closed Jun 22, 2021
Complaint 3802742
View on BIS ↗
Category 7G Closed Jun 1, 2021
Complaint 3799629
View on BIS ↗
Construction – contrary to/beyond approved plans Closed May 21, 2021
Complaint 3798153
View on BIS ↗
After-hours work – illegal Closed May 10, 2021
Complaint 3796439
View on BIS ↗
Failure to maintain Closed Apr 29, 2021
Complaint 3795247
View on BIS ↗
Site conditions endangering workers Closed Apr 26, 2021
Complaint 3794818
View on BIS ↗
Category 4X Closed Feb 26, 2021
Complaint 3788148
View on BIS ↗
After-hours work – illegal Closed Feb 4, 2021
Complaint 3785830
View on BIS ↗
Category 6Z Closed Jan 20, 2021
Complaint 3784075
View on BIS ↗
After-hours work – illegal Closed Dec 3, 2020
Complaint 3778796
View on BIS ↗
Failure to maintain Closed Oct 9, 2020
Complaint 3772591
View on BIS ↗
Category 2E Closed Jul 13, 2020
Complaint 3759654
View on BIS ↗
Plumbing – defective/leaking/not maintained Closed Jun 7, 2019
Complaint 3705781
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL3020110060
SWIS610100
Parcel ID6101003020110060

Who owns 540 Waverly Avenue?

540 Waverly Avenue, Brooklyn is owned by Cad Waverly LLC per the 2025 NYS assessment roll. It last sold for $17,250,000 in Dec 2019.
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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