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540 Fulton Street

582Records
17City systems
0Open violations
0.9Penalty rate

582 recorded events, 1988–2026, from 17 city data systems. The city's paper trail here is mostly 141 DOB permits, 98 DOB job filings, 67 DOB complaints.

BoroughBrooklyn 11201
Built2018
Floors43
Res. units327
ClassRM
Owner (PLUTO)540 FULTON OWNER LLC
BBL3001617502
BIN3424477

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 78% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 0.9. In ZIP 11201, 70% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-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

3 heat or hot-water complaints in the last three years (winter 2023–24: 2 · winter 2024–25: 1). Repeated winter clusters suggest a chronic heating problem.

2
’23–24
1
’24–25

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

What 311 hears from this address

60 service requests in the last three years. Most common: Noise (22) · Indoor Air Quality (6) · Street Light Condition (4) · For Hire Vehicle Complaint (3) · Residential Disposal Complaint (3) · Illegal Parking (3).

Filed construction activity

$14,687,252 in permitted construction work filed since 2016 (61 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

NoBuilt before 1974 (2018)
YesSix or more residential units (327)
Yes421-a / J-51 tax benefit on the current tax roll

2 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 with HPD — the names behind the building

Registered owner(s)KRE 540 Fulton Owner LLC
Head officerDaniel Wrublin
Managing agentDalan Real Estate
Last registered2025-10-03

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$73,716,335 $33,172,351
2026$74,004,335 $33,301,951
2027$81,527,335 $36,687,301

The city's market estimate has risen 11% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 35YR WITH AFF HOUSING PCT

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

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.

Getting around

SubwayNevins St — 2 3 4 5 · 300 ft straight-line (about a 2-minute walk) · station accessibility: none
DeKalb Av — B Q R · 350 ft straight-line (about a 2-minute walk) · station accessibility: full
BusNearest boarding stop: Fulton St / Flatbush Av Ext — B25 B26 B38 B52 · 100 ft
Citi BikeDeKalb Ave & Hudson Ave · 450 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 038 The Pacific. 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

540 Fulton Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

60 311 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 DALAN REAL ESTATE LLC — 4 buildings, 388 units. Grades across the portfolio: A2 · B1 · C1. See the whole portfolio

BuildingBoroughUnitsGrade
540 Fulton Street BK327 A
34-04 34 Avenue QN24 A
30-42 32 Street QN20 B
31-36 32 Street QN17 C

Sales, deeds & mortgages

DateRecordAmountPer res. unit
2025-08-11Agreement $15,490,000 — from 540 FULTON OWNER LLC to ISRAEL DISCOUNT BANK OF NEW YORK $15,490,000
2025-08-11Mortgage $16,510,000 — from 540 FULTON OWNER LLC to ISRAEL DISCOUNT BANK OF NEW YORK $16,510,000
2025-08-11Agreement $15,490,000 — from 540 FULTON OWNER LLC to ISRAEL DISCOUNT BANK OF NEW YORK $15,490,000
2025-08-11Mortgage $16,510,000 — from 540 FULTON OWNER LLC to ISRAEL DISCOUNT BANK OF NEW YORK $16,510,000
2024-10-22Deed $235,400,000 — from 540 FULTON OWNER LLC to KRE 540 FULTON OWNER LLC $235,400,000
2024-10-22Agreement $145,000,000 — from KRE 540 FULTON OWNER LLC to SUMITOMO MITSUI BANKING CORPORATION $145,000,000
2024-10-15Sold for $235,400,000 $235,400,000 $719,878

Ten-year activity

100500
2017
2018
2019
2020
2021
2022
2023
87
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017410005
2018132300238
2019283200363
2020282300051
2021262200149
2022301800149
20231911831675
20243881819487
20251402861361
2026253250356
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The full timeline

Construction 258Enforcement 148Housing & tenants 79Ownership & money 56Health & systems 41

Every one of the 582 recorded events, 1988–2026, 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