144 recorded events, 1969–2026, from 14 city data systems. The city's paper trail here is mostly 40 ACRIS deeds & mortgages, 24 311 service requests, 16 DOB job filings.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 70% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 6. In ZIP 10038, 65% of residential buildings hold an A and 7% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
5 service requests in the last three years. Most common: Lead (1) · Water System (1) · Noise (1) · Missed Collection (1) · Sidewalk Condition (1).
No permitted work with a declared cost filed in the last decade. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.
| Yes | Built before 1974 (1867) |
| Yes | Six or more residential units (10) |
| Yes | 421-a / J-51 tax benefit on the current tax roll |
3 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 274 Water Street Owners Corp. |
| Head officer | RALPH WESTERHOFF |
| Managing agent | BRICKWORK MANAGEMENT INC. |
| Last registered | 2026-03-19 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $4,204,800 | $1,892,160 |
| 2026 | $5,046,000 | $2,270,700 |
| 2027 | $6,055,000 | $2,724,750 |
The city's market estimate has risen 44% between tax years 2025 and 2027.
Tax exemptions on the roll: J51
| Heating fuel | NATURALGAS |
In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.
Hurricane evacuation zone 1 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
No street-flooding or sewer-backup complaints on record at this address.
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Fulton St — 2 3 4 5 A C J Z · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full Brooklyn Bridge-City Hall — 4 5 6 J Z · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Pearl St / Peck Slip — M15 · 250 ft |
| Citi Bike | Peck Slip & South St · 500 ft · station location as of 2026-09-23; live availability |
| Bike facility | Shared bike route mapped within 75 ft |
| School zones (2024–25 map) | Elementary: The Peck Slip School Middle: J.H.S. 104 Simon Baruch. Confirm with the DOE's school search. |
Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.
274 Water Street
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Anything else | Anything else |
5 311 service requests from this address in the last three years.
311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.
Managed by BRICKWORK MANAGEMENT INC. — 58 buildings, 707 units. Grades across the portfolio: A46 · B9 · C2. See the whole portfolio
Most recent mortgage recorded against this lot: $285,392 on 2021-12-03 (lender: Valley National Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2024-03-01 | RPTT&RET $1,187,500 — from CLARK, HAROLD EDWARD to BARBEE, NATALI; BARBEE, JOHN HUXLEY | $1,187,500 | |
| 2024-02-15 | Sold for $1,187,500 | $1,187,500 | $118,750 |
| 2021-12-03 | Mortgage $285,393 — from 274 WATER STREET OWNER'S CORP. to VALLEY NATIONAL BANK | $285,393 | |
| 2021-12-03 | Agreement $1,100,000 — from 274 WATER STREET OWNER'S CORP. to VALLEY NATIONAL BANK | $1,100,000 | |
| 2021-12-03 | AL&R $1,100,000 — from 274 WATER STREET OWNER'S CORP. to VALLEY NATIONAL BANK | $1,100,000 | |
| 2016-05-10 | RPTT&RET $1,600,000 — from BYVOETS, KRISTEN M; MCINTYRE, MICHAEL V to PHELOUNG, LANDY; DECKER, MARY E | $1,600,000 | |
| 2016-04-29 | Sold for $1,600,000 | $1,600,000 | $160,000 |
| 2015-12-30 | RPTT&RET $1,115,000 — from HEALY, JOHN T to EDWARD CLARK, III, HAROLD | $1,115,000 | |
| 2015-09-18 | RPTT&RET $1,305,000 — from YOUNGER, ROBERT; YOUNGER, KATHLEEN to GILL, TASHA CHURCHILL; SIZARET, FREDERIC JEAN-YVES | $1,305,000 | |
| 2015-05-21 | AL&R $950,000 — from 274 WATER STREET OWNER'S CORP. to VALLEY NATIONAL BANK | $950,000 | |
| 2015-05-21 | Agreement $950,000 — from 274 WATER STREET OWNER'S CORP. to VALLEY NATIONAL BANK | $950,000 | |
| 2015-05-21 | Mortgage $51,646 — from 274 WATER STREET OWNER'S CORP. to VALLEY NATIONAL BANK | $51,646 | |
| 2012-05-03 | Mortgage $71,747 — from 274 WATER STREET OWNERS CORP. to VALLEY NATIONAL BANK | $71,747 | |
| 2012-05-03 | AL&R $950,000 — from 274 WATER STREET OWNERS CORP. to VALLEY NATIONAL BANK | $950,000 | |
| 2012-05-03 | Agreement $950,000 — from 274 WATER STREET OWNERS CORP. to VALLEY NATIONAL BANK | $950,000 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 1 | 0 | 2 | 3 |
| 2018 | 0 | 3 | 0 | 2 | 5 |
| 2019 | 0 | 2 | 0 | 1 | 3 |
| 2020 | 1 | 1 | 0 | 1 | 3 |
| 2021 | 0 | 3 | 5 | 1 | 9 |
| 2022 | 1 | 3 | 0 | 1 | 5 |
| 2023 | 2 | 5 | 3 | 1 | 11 |
| 2024 | 1 | 3 | 2 | 1 | 7 |
| 2025 | 1 | 1 | 0 | 2 | 4 |
| 2026 | 0 | 5 | 1 | 0 | 6 |
Every one of the 144 recorded events, 1969–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10038 · Landlord rankings · How grades work · The map · The Mice Map