445 recorded events, 2002–2026, from 12 city data systems. The city's paper trail here is mostly 242 ACRIS deeds & mortgages, 119 311 service requests, 17 DOF property sales.
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 79% 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 3.3. In ZIP 11232, 65% of residential buildings hold an A and 8% 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.
18 service requests in the last three years. Most common: Blocked Driveway (7) · Noise (6) · Rodent (2) · Water System (1) · Animal in a Park (1) · Dead Animal (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.
| No | Built before 1974 (2002) |
| Yes | Six or more residential units (12) |
| No | 421-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 owner(s) | THE 755 CONDOMINIUM |
| Head officer | YIK LAW |
| Managing agent | BAYSUN PROPERTY MGMT INC |
| Last registered | 2026-07-27 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $124,389 | $55,975 |
| 2026 | $111,479 | $50,165 |
| 2027 | $125,714 | $56,571 |
The city's market estimate has risen 1% between tax years 2025 and 2027.
Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $274,321 a year ($26.91 per sq ft), operating expenses $94,600 ($9.28 per sq ft), net operating income $179,720. 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 | 9 Av — D · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 39 St / 8 Av — B35 B70 · 250 ft |
| Citi Bike | 7 Ave & 40 St · 500 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 024. 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.
755 40 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 |
18 311 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 BAYSUN PROPERTY MGMT INC — 14 buildings, 184 units. Grades across the portfolio: A14. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 399 East 8 Street | MN | 30 | A |
| 859 60 Street | BK | 25 | A |
| 1571 67 Street | BK | 18 | A |
| 638 50 Street | BK | 14 | A |
| 871 50 Street | BK | 13 | A |
| 755 40 Street | BK | 12 | A |
| 880 60 Street | BK | 12 | A |
| 6501 Bay Parkway | BK | 10 | A |
| 1476 67 Street | BK | 10 | A |
| 1752 Benson Avenue | BK | 9 | A |
| 8638 24 Avenue | BK | 9 | A |
| 759 41 Street | BK | 8 | A |
| 6113 23 Avenue | BK | 8 | A |
| 209 Bay 31 Street | BK | 6 | A |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-09-16 | Deed $478,000 — from TANG, KONG to LI, XIU XIU | $478,000 | |
| 2026-09-16 | Deed $478,000 — from TANG, KONG to LI, XIU XIU | $478,000 | |
| 2026-09-16 | Mortgage $200,000 — from LI, XIU XIU to MERS, INC.; EAST WEST BANK | $200,000 | |
| 2026-09-16 | Mortgage $200,000 — from LI, XIU XIU to MERS, INC.; EAST WEST BANK | $200,000 | |
| 2026-09-09 | Sold for $478,000 | $478,000 | $39,833 |
| 2026-09-09 | Sold for $478,000 | $478,000 | $39,833 |
| 2025-11-20 | Deed $790,000 — from DS REALTY GROUP LLC to RIGHTEOUS BRIGHT LLC | $790,000 | |
| 2025-11-20 | Mortgage $553,000 — from RIGHTEOUS BRIGHT LLC to MERS | $553,000 | |
| 2025-11-20 | Deed $790,000 — from DS REALTY GROUP LLC to RIGHTEOUS BRIGHT LLC | $790,000 | |
| 2025-11-20 | Mortgage $553,000 — from RIGHTEOUS BRIGHT LLC to MERS | $553,000 | |
| 2025-10-31 | Sold for $790,000 | $790,000 | $65,833 |
| 2025-10-31 | Sold for $790,000 | $790,000 | $65,833 |
| 2025-10-31 | Sold for $790,000 | $790,000 | $65,833 |
| 2025-10-31 | Sold for $790,000 | $790,000 | $65,833 |
| 2025-05-30 | Deed $618,000 — from CHEN, SHAO LIN; WANG, NENGDI to ZHUANG, HOU JUAN | $618,000 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 1 | 24 | 12 | 1 | 38 |
| 2018 | 4 | 35 | 1 | 0 | 40 |
| 2019 | 1 | 5 | 8 | 1 | 15 |
| 2020 | 2 | 12 | 4 | 0 | 18 |
| 2021 | 1 | 12 | 2 | 0 | 15 |
| 2022 | 0 | 7 | 0 | 0 | 7 |
| 2023 | 1 | 10 | 2 | 0 | 13 |
| 2024 | 0 | 8 | 1 | 0 | 9 |
| 2025 | 0 | 10 | 23 | 3 | 36 |
| 2026 | 0 | 0 | 12 | 0 | 12 |
Every one of the 445 recorded events, 2002–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11232 · Landlord rankings · How grades work · The map · The Mice Map