540 Ovington Avenue
Brooklyn · 11209 · BBL 3058930028 · look up another building
A company took title here in June 25, 2026, for a stated $1.2M.
Most recent filing on this building: a deed, June 25, 2026
540 Ovington Avenue is a multi-family walk-up in Bay Ridge, Brooklyn, ZIP 11209. City records date it to 1931 and count 6 apartments. The city's property file lists the owner of record as REEDS BAY RIDGE LLC. Its total assessed value is $631K, for the 2026 tax year.
DHCR registration lists 6 rent-stabilized units here in 2019, but that is the building and not your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.
Who owns 540 Ovington Avenue
The most recent recorded deed is dated Jun 25, 2026, transferring the lot to REEDS BAY RIDGE LLC for a stated $1.2M. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
The November 1 report on this block
On the first of every month we email one page about tax block 5893 in Brooklyn, the block 540 Ovington Avenue is on. It lists what was filed there that month, then where the block stands. As of today, that part reads:
- 5 buildings changed hands in the last twelve months.
- 1 marshal eviction executed here in the last twelve months.
- The block holds 74 parcels and 238 residential units.
Anything filed on 540 Ovington Avenue itself comes the next morning.
Sales and ownership history at 540 Ovington Avenue
| Party recorded | Recorded | Amount |
|---|---|---|
| Reeds Bay Ridge LLCDEED from JPV PROPERTY MANAGEMENT LLC | Jun 25, 2026 | $1.2M |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.
Taxes and assessed value for 540 Ovington Avenue
The city's Department of Finance assessed this lot at $631K for the 2026 tax year. That works out to $105K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
No executed evictions at 540 Ovington Avenue
No executed eviction is on record at 540 Ovington Avenue in the citywide marshal file, which runs from April 2024.
Rent stabilization at 540 Ovington Avenue
DHCR registration records list 6 rent-stabilized units at this building in 2019, the most recent year PulseCities holds. Registration is building-level and does not settle the status of any single apartment; the rent history does. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →
How 540 Ovington Avenue compares in 11209
PulseCities tracks 8,480 lots in 11209, of which 127 carry an executed eviction from the marshal record, which starts in April 2024, and 606 carry a deed from the shorter ACRIS window. 11209 scores 27.9 out of 100 for displacement pressure, 104 of 177 scored NYC ZIP codes. The full signal breakdown for Bay Ridge →
Other buildings on this block
The city's files carry a record for 8 other addresses on tax block 5893 in Brooklyn. They run in lot order, which is roughly the order you would walk them:
Questions about 540 Ovington Avenue
Who owns 540 Ovington Avenue?
The most recent deed on file for 540 Ovington Avenue names REEDS BAY RIDGE LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Jun 25, 2026.
How much did 540 Ovington Avenue sell for?
The most recent deed states a consideration of $1.2M, recorded Jun 25, 2026 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.
Have there been evictions at 540 Ovington Avenue?
No executed eviction at 540 Ovington Avenue appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 540 Ovington Avenue rent stabilized?
DHCR registrations list 6 stabilized units at this building in 2019. Registration is building-level, so it does not settle whether one apartment is stabilized. The free rent history from NYS Homes and Community Renewal does.
What is 540 Ovington Avenue assessed at for property taxes?
The Department of Finance assessed the lot at $631K for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 540 Ovington Avenue?
11209 (Bay Ridge) scores 27.9 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Look up another building
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.