A New York City deed records a transfer of property. The key fields are the grantor (seller), the grantee (buyer / new owner), the consideration (the price paid), the document date and recording date, and the BBL that ties the deed to a specific tax lot. Read those five and you understand who bought what, from whom, for how much, and when.
The grantor conveys the property; the grantee receives it. On a sale the grantee is the new owner of record. For commercial property both are often LLCs — see how to find who owns a building to trace the entity to a person.
Consideration is the stated price. A deed type of DEED or DEED, FEE signals an arm's-length sale; nominal consideration (e.g. $0 or $10) often signals an intra-family or entity transfer, not a market sale. Compare it against nearby sales comps to judge whether a price is market.
The document date is when the parties signed; the recording date is when it hit ACRIS. The BBL links the deed to its lot, so you can pull the matching mortgage, liens and prior deeds. Crezly assembles that full chain on each building page.
What is consideration on a deed?
The price paid for the property. A nominal figure like $0 or $10 usually means a non-market transfer (family or entity restructuring) rather than an open-market sale.
What is the difference between document date and recording date?
The document date is when the deed was signed; the recording date is when it was filed in ACRIS. Recording date is what most analyses use for timing.
How do I find the deed for a specific NYC property?
Look it up in ACRIS by BBL or address, or open the property on Crezly's data suite, which surfaces the recorded deeds for that lot.