NYC property data › Brooklyn › Sheepshead Bay, Gerritsen Beach & Marine Park › 407 Avenue U

407 Avenue U

Sheepshead Bay, Gerritsen Beach & Marine Park, Brooklyn · Mixed residential & commercial · BBL 3071050023

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3Units (2 residential)
2Floors
2,560Building sq ft
2,000Lot sq ft
1931Year built
R6AZoning
1.28 of 3.00Built FAR
2025Last sale
4DOB permits
0Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2025-04-30Deednot recorded
1994-11-07Deednot recorded
1991-08-23Deednot recorded
1985-06-25Deednot recorded
1969-06-23Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2021-07-20Renewal Permit Without ChangesPlumbing
2020-10-16Renewal Permit Without ChangesPlumbing
2020-09-04Initial PermitPlumbing
2020-08-27Initial PermitMechanical Systems

Source: DOB NOW approved permits, which covers 2017 onward. 4 permits on file for this lot.

Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded mixed use mortgages in Brooklyn since 2021, from public ACRIS filings.

  1. Emigrant Funding Corporation — 91 loans, typically $301K–$861K
  2. Velocity Commercial Capital, LLC — 85 loans, typically $413K–$875K
  3. Habib American Bank — 67 loans, typically $380K–$1M
  4. Connectone Bank — 72 loans, typically $310K–$900K
  5. Modern Bank, N.a. — 31 loans, typically $208K–$1M
Match this deal to 399 lenders

Other lots on this block

Recent sales in Sheepshead Bay, Gerritsen Beach & Marine Park

Sheepshead Bay, Gerritsen Beach & Marine Park commercial real-estate market data →

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Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 3071050023 · data refreshed 2026-08-14

Development & air rights

43% Underbuilt — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.