Building Biography

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85 Water Street

143Records
12City systems
0Open violations
0Penalty rate

143 recorded events, 1977–2026, from 12 city data systems. The city's paper trail here is mostly 45 311 service requests, 19 ACRIS deeds & mortgages, 15 DOB job filings.

BoroughBrooklyn 11201
Built1835
Floors4
Res. units3
ClassS3
Owner (PLUTO)DUMBO PARTNERS B LLC
BBL3000260038
BIN3000021, 3023076

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 100% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 0. In ZIP 11201, 70% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
C

Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

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.

Patterns

No heat or hot-water complaints in the last three years.

No bedbug-infested units reported in the last three years of filings.

What 311 hears from this address

10 service requests in the last three years. Most common: Illegal Parking (7) · Noise (3).

Filed construction activity

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.

Rent-stabilization signals

YesBuilt before 1974 (1835)
NoSix or more residential units (3)
No421-a / J-51 tax benefit on the current tax roll

1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)BROOKLAKE ASSOCIATES LP
Head officerDAVID C WALENTAS
Managing agentTWO TREES MGMT CO LLC
Last registered2025-09-03

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,546,800 $696,060
2026$1,856,000 $835,200
2027$2,227,000 $1,002,150

The city's market estimate has risen 44% between tax years 2025 and 2027.

Restaurants in this building

RestaurantCuisineGradeNotes
Almondine BakeryBakery Products/DessertsAMice evidence

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 1 with mice evidence · See them on the Mice Map

Flood exposure

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.

In the city's stormwater flood map only under the extreme-storm scenario (3.66 in/hr cloudburst with 2080 sea levels) — an Ida-scale event.

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.

Getting around

SubwayHigh St — A C · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none
York St — F · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none
BusNearest boarding stop: Front St / Dock St — B25 · 350 ft
Citi BikeMain St & Plymouth St · 200 ft · station location as of 2026-09-23; live availability
Bike facilityPainted bike lane mapped within 75 ft
School zones (2024–25 map)Elementary: P.S. 307 Daniel Hale Williams. 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.

Report a problem to 311

85 Water Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Food poisoningFood poisoning
Food safety complaintFood safety complaint
Anything elseAnything else

10 311 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.

The landlord's report card

Managed by TWO TREES MANAGEMENT CO LLC — 17 buildings, 3,039 units. Grades across the portfolio: A15 · C1. See the whole portfolio

BuildingBoroughUnitsGrade
770 11 Avenue MN864 A
346 Kent Avenue BK462 A
300 Ashland Place BK379 A
266 Kent Avenue BK332 A
125 Court Street BK321 A
29 Front Street BK290 A
25 Washington Street BK106 A
26 Washington Street BK94 A
65 Washington Street BK54 A
65 Washington Street BK49 A
200 Atlantic Avenue BK32 A
66 Water Street BK24 A
164 Atlantic Avenue BK18 A
138 Court Street BK8 A
85 Water Street BK3 A
325 Kent Avenue BK3 C
3002770008 — —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,050,000 on 2009-04-29 (lender: Signature Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2016-09-22Agreement $937,650 — from DUMBO PARTNERS A LLC; DUMBO PARTNERS B LLC; BROOKLAKE ASSOCIATES L.P. to SIGNATURE BANK $937,650
2010-11-18Deed $253,700 — from CAGE ASSOCIATES, LLC to DUMBO PARTNERS B LLC $253,700
2010-11-18Deed $253,700 — from CAGE ASSOCIATES, LLC to DUMBO PARTNERS A LLC $253,700
2009-04-29Mortgage $1,050,000 — from BROOKLAKE ASSOCIATES L.P. to SIGNATURE BANK $1,050,000
2009-04-29AL&R $1,050,000 — from BROOKLAKE ASSOCIATES L.P. to SIGNATURE BANK $1,050,000

Ten-year activity

20100
2017
2018
2019
2020
2021
2022
2023
13
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201702013
20180100212
201907018
202008019
202105016
202203014
202324039
2024064313
202506039
202601023
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The full timeline

Construction 29Enforcement 19Housing & tenants 55Ownership & money 19Health & systems 21

Every one of the 143 recorded events, 1977–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11201 · Landlord rankings · How grades work · The map · The Mice Map