274 recorded events, 1987–2026, from 13 city data systems. The city's paper trail here is mostly 187 ACRIS deeds & mortgages, 36 311 service requests, 9 boiler inspections.
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 75% 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 5. In ZIP 11217, 60% of residential buildings hold an A and 6% 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.
7 service requests in the last three years. Most common: Street Sign (1) · Noise (1) · Rodent (1) · Street Condition (1) · Commercial Disposal Complaint (1) · Bus Stop Shelter Complaint (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 (1900) |
| Yes | Six or more residential units (9) |
| No | 421-a / J-51 tax benefit on the current tax roll |
2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 503 ATLANTIC CONDOMINIUM |
| Head officer | MEIR KAHTAN |
| Managing agent | NARROWS MANAGEMENT |
| Last registered | 2025-08-14 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $189,566 | $85,305 |
| 2026 | $188,582 | $84,862 |
| 2027 | $184,315 | $82,942 |
The city's market estimate has fallen 3% between tax years 2025 and 2027.
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $305,892 a year ($36.00 per sq ft), operating expenses $100,944 ($11.88 per sq ft), net operating income $204,948. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
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.
| Subway | Nevins St — 2 3 4 5 · 850 ft straight-line (about a 4-minute walk) · station accessibility: none Atlantic Av-Barclays Ctr — 2 3 4 5 B D N Q R · 900 ft straight-line (about a 4-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Atlantic Av / 3 Av — B63 · 50 ft |
| Citi Bike | 3 Ave & Schermerhorn St · 550 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.
503 Atlantic Avenue
| 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 |
7 311 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 NARROWS MANAGEMENT — 85 buildings, 3,159 units. Grades across the portfolio: A66 · B14 · C5. See the whole portfolio
showing 60 of 85 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-05-23 | Deed $349,995 — from CHAUDHRY, ALAM to TRISTATE LUBRICANTS LLC | $349,995 | |
| 2025-05-15 | Sold for $349,995 | $349,995 | $38,888 |
| 2020-10-13 | Mortgage $464,712 — from LY, FRANCK to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; LOANDEPOT.COM, LLC | $464,712 | |
| 2019-04-02 | Deed $615,000 — from KALANTARI, BIJAN to LY, FRANCK | $615,000 | |
| 2019-04-02 | Mortgage $492,000 — from LY, FRANCK to MERS | $492,000 | |
| 2019-03-27 | Sold for $615,000 | $615,000 | $68,333 |
| 2016-10-31 | Agreement $100,000 — from 503 APTS LLC to THE BERNARD DILLENBERGER 2008 IRREVOCABL | $100,000 | |
| 2016-10-31 | Agreement $100,000 — from BIJAN KALANTARI to THE BERNARD DILLENBERGER 2008 IRREVOCABL | $100,000 | |
| 2016-02-09 | Mortgage $418,000 — from RICCHI, FRANCINE to MERS | $418,000 | |
| 2016-02-09 | Deed $551,000 — from 503 APTS LLC to RICCHI, FRANCINE | $551,000 | |
| 2013-04-16 | Mortgage $6,002 — from MILITO, CHRISTOPHER to MERS; HSBC BANK USA NA | $6,002 | |
| 2013-04-16 | Agreement $398,000 — from MILITO, CHRISTOPHER to HSBC BANK USA NA; MERS | $398,000 | |
| 2012-03-27 | Agreement $231,700 — from KAHTAN, MEIR to JPMORGAN CHASE BANK, N.A. | $231,700 | |
| 2012-03-27 | Mortgage $5,964 — from KAHTAN, MEIR to JPMORGAN CHASE BANK, N.A. | $5,964 | |
| 2011-04-29 | Mortgage $100,000 — from 503 APTS LLC to THE BERNARD DILLENBERGER 2008 IRREVOCABL | $100,000 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 3 | 0 | 0 | 3 |
| 2018 | 0 | 0 | 0 | 3 | 3 |
| 2019 | 1 | 7 | 8 | 1 | 17 |
| 2020 | 0 | 2 | 2 | 1 | 5 |
| 2021 | 0 | 6 | 0 | 2 | 8 |
| 2022 | 0 | 3 | 1 | 1 | 5 |
| 2023 | 0 | 7 | 1 | 1 | 9 |
| 2024 | 1 | 4 | 3 | 2 | 10 |
| 2025 | 0 | 5 | 3 | 1 | 9 |
| 2026 | 0 | 1 | 0 | 0 | 1 |
Every one of the 274 recorded events, 1987–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11217 · Landlord rankings · How grades work · The map · The Mice Map