Building Biography

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489 Atlantic Avenue

453Records
13City systems
0Open violations
0Penalty rate

453 recorded events, 1992–2026, from 13 city data systems. The city's paper trail here is mostly 165 ACRIS deeds & mortgages, 153 311 service requests, 28 DOB job filings.

BoroughBrooklyn 11217
Built2005
Floors6
Res. units8
ClassRM
Owner (PLUTO)THE 489 ATLANTIC AVE AND 480 STATE STREET CONDOMINIUM
BBL3001797504
BIN3392984

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 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 0. In ZIP 11217, 60% of residential buildings hold an A and 6% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-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

89 service requests in the last three years. Most common: Illegal Parking (71) · Abandoned Vehicle (8) · Missed Collection (7) · Lead (1) · Consumer Complaint (1) · Illegal Posting (1).

Filed construction activity

$187,500 in permitted construction work filed since 2016 (9 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 (2005)
YesSix or more residential units (8)
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)489 ATLANTIC AVE 480 STATE ST CONDO
Head officerSTEVEN BAKER
Managing agentKAITO MANAGEMENT CORP
Last registered2025-09-05

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$434,668 $195,601
2026$521,615 $234,727
2027$578,286 $260,229

The city's market estimate has risen 33% between tax years 2025 and 2027.

Tax exemptions on the roll: FOREIGN STAFF HSING

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 · 800 ft straight-line (about a 4-minute walk) · station accessibility: none
Atlantic Av-Barclays Ctr — 2 3 4 5 B D N Q R · 1,050 ft straight-line (about a 5-minute walk) · station accessibility: full
BusNearest boarding stop: Atlantic Av / 3 Av — B63 · 200 ft
Citi BikeNevins St & Schermerhorn St · 500 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

489 Atlantic Avenue

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

89 311 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 KAITO MANAGEMENT CORP — 52 buildings, 778 units. Grades across the portfolio: A48 · B2 · C1 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
122 Sandford Street BK120 A
21 Garden Street BK50 A
47 North 8 Street BK40 A
651 New York Avenue BK40 A
601 Throop Avenue BK40 A
8629 Bay Parkway BK38 A
675 Sackett Street BK38 A
11 Sterling Place BK36 A
35 McDonald Avenue BK35 A
133 Sterling Place BK21 A
424 13 Street BK20 A
196 Avenue of the Americas MN20 A
569 Carroll Street BK18 A
426 Sterling Place BK16 A
430 Sterling Place BK16 A
267 8 Street BK16 A
570 7 Street BK15 A
353 12 Street BK14 A
538 Washington Avenue BK10 A
267 1 Street BK10 A
124 East 118 Street MN8 A
535 Clinton Street BK8 A
200 21 Street BK8 A
537 Clinton Street BK8 A
198 21 Street BK8 A
443 Jefferson Avenue BK8 A
533 Clinton Street BK8 A
489 Atlantic Avenue BK8 A
206 21 Street BK8 A
105 8 Avenue BK7 A
897 Herkimer Street BK7 A
141 Johnson Avenue BK6 A
291 5 Avenue BK6 A
599 Rogers Avenue BK6 A
201 23rd Street BK6 A
550 Grand Street BK6 A
497 3rd Street BK4 A
7 East 9 Street MN4 C
326 22 Street BK4 D
181 Lincoln Road BK4 A
373 Baltic Street BK4 A
213 Halsey Street BK4 A
403 Caton Avenue BK3 A
539 Henry Street BK3 B
2519 Bedford Avenue BK3 A
87 St Marks Place BK3 A
389 Douglass Street BK3 A
282 1 Street BK3 A
224 14 Street BK2 A
317 7 Street BK2 A
1385 Herkimer Street BK2 B
317 East 7 Street BK1 A

Sales, deeds & mortgages

DateRecordAmountPer res. unit
2026-03-16Mortgage $1,105,000 — from RICHARDSON, LEON C; RICHARDSON, CHERYL D to JPMORGAN CHASE BANK, N.A. $1,105,000
2025-12-29Deed $1,300,000 — from MANTELL, LAURA to RICHARDSON, LEON C; RICHARDSON, CHERYL D $1,300,000
2025-12-26Sold for $1,300,000 $1,300,000 $162,500
2025-12-26Sold for $1,300,000 $1,300,000 $162,500
2023-09-14Deed $1,840,000 — from FOURNIER, ALEXANDRE to BUTALA, ANUJA; LENCIONI, MICHAEL $1,840,000
2023-09-14Mortgage $700,000 — from LENCIONI, MICHAEL; BUTALA, ANUJA to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; ALLY BANK $700,000
2023-09-07Sold for $1,840,000 $1,840,000 $230,000
2022-03-03Agreement $922,500 — from SCHREIBER, PAUL to WELLS FARGO BANK, N.A. $922,500
2022-03-03Mortgage $11,230 — from SCHREIBER, PAUL to WELLS FARGO BANK, N.A. $11,230
2021-03-05Deed $1,225,000 — from LONG, PATRICIA; SMITH, EVAN D to HUNTER, SCOTT MICHAEL; SIU, WAI MING $1,225,000
2021-03-05Mortgage $980,000 — from SIU, WAI MING; HUNTER, SCOTT MICHAEL to CITIZENS BANK, N.A. $980,000
2021-02-19Sold for $1,225,000 $1,225,000 $153,125
2020-01-27Mortgage $900,000 — from 489 ATLANTIC VENTURE LLC to BANK OF AMERICA,NA $900,000
2020-01-27Deed $1,100,000 — from FIRST JI LLC; GORJIAN 489 RETAIL LLC to 489 ATLANTIC VENTURE LLC $1,100,000
2019-12-16Mortgage $752,500 — from SCHWARTZ, ERIC to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; BANK OF AMERICA, N.A. $752,500

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
2024
37
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20170227011
20180317112
2019001717034
20209485127
202103107020
202201115017
202311175024
202441240029
202500334037
202600332035
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The full timeline

Construction 55Enforcement 55Housing & tenants 162Ownership & money 178Health & systems 3

Every one of the 453 recorded events, 1992–2026, 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