Building Biography

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823 40 Street

98Records
10City systems
2Open violations
53.3Penalty rate

98 recorded events, 1979–2026, from 10 city data systems. The city's paper trail here is mostly 30 311 service requests, 24 ACRIS deeds & mortgages, 19 HPD housing violations.

BoroughBrooklyn 11232
Built1931
Floors2
Res. units4
ClassC3
Owner (PLUTO)WILMINGTON SAVINGS FUND SOCIETY, FSB, AS OWNER TRU
BBL3009160063
BIN3017957

Full record, year by year   Support this site

GRADE D

A sustained record of distress well beyond its peers. More recorded distress than 96% 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 53.3. In ZIP 11232, 65% of residential buildings hold an A and 8% 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

Open HPD violations2 total — 0 class C (immediately hazardous), 2 class B, 0 class A. Oldest open since 2024-05-31.

status snapshot refreshed weekly from HPD records

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

20 service requests in the last three years. Most common: Illegal Parking (5) · Rodent (5) · Dirty Condition (4) · UNSANITARY CONDITION (2) · Obstruction (1) · Residential Disposal Complaint (1).

Filed construction activity

$390,000 in permitted construction work filed since 2016 (5 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

YesBuilt before 1974 (1931)
NoSix or more residential units (4)
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)Wilmington Savings Fund Society c/o AMIP
Head officerJoe Maas
Managing agentIsland Advantage Realty
Last registered2026-03-05

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$728,000 $327,600
2026$813,000 $365,850
2027$948,000 $426,600

The city's market estimate has risen 30% between tax years 2025 and 2027.

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

Subway9 Av — D · 700 ft straight-line (about a 3-minute walk) · station accessibility: none
BusNearest boarding stop: 39 St / 8 Av — B35 · 200 ft
Citi BikeNew Utrecht Ave & 9 Ave · 700 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 169 Sunset Park
Middle: J.H.S. 223 The Montauk. 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

823 40 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

20 311 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 ISLAND ADVANTAGE REALTY — 36 buildings, 70 units. Grades across the portfolio: A3 · B7 · C8 · D10 · F8. See the whole portfolio

BuildingBoroughUnitsGrade
475 West 140 Street MN4 D
601 18 Street BK4 C
823 40 Street BK4 D
393 Montauk Avenue BK4 F
2347 Pacific Street BK3 F
62 15 Street BK3 F
304 New Lots Avenue BK3 F
150-81 116 Road QN2 D
69-43 Hillmeyer Avenue QN2 F
120-46 131 Street QN2 D
115-36 172 Street QN2 F
146-31 222 Street QN2 C
101 Essex Street BK2 C
27-16 McIntosh Street QN2 D
94-27 85 Street QN2 D
921A Jefferson Avenue BK2 B
823 East 35 Street BK2 F
43-44 164 Street QN2 C
86-34 77 Street QN2 D
140-28 184 Street QN2 C
172 Jerome Street BK2 A
115-15 95 Avenue QN2 A
3 Cypress Court BK2 B
223-45 113 Drive QN1 C
5423 Avenue M BK1 B
102-09 216 Street QN1 D
8 Van Sicklen Street BK1 D
1246 East 101 Street BK1 B
968 East 48 Street BK1 B
114-57 176 Street QN1 B
189-36 Lewiston Avenue QN1 B
109-10 Francis Lewis Blvd QN1 C
129-37 153 Street QN1 F
257-20 145 Avenue QN1 C
3 Bayview Avenue QN1 A
71 Milford Street BK1 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $748,890 on 2006-11-13 (lender: Option One Mortgage Corporation). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-08-05Deed $1,581,000 — from WILMINGTON SAVINGS FUND SOCIETY, FSB, AS; TRUSTEE OF THE RESIDENTIAL CREDIT OPPORT; TRUST to QUNXING LI, WENDY $1,581,000
2026-07-21Sold for $1,581,000 $1,581,000 $395,250
2006-11-13Deed $832,100 — from RAMIREZ, AIDA; GONZALEZ, FIDEL to FELIX, ARAMIS $832,100
2006-11-13Mortgage $748,890 — from FELIX, ARAMIS to OPTION ONE MORTGAGE CORPORATION $748,890
2006-07-10Mortgage $50,000 — from GONZALEZ, FIDEL; RAMIREZ, AIDA to CITIBANK, N.A. $50,000
2005-11-21Mortgage $110,000 — from GONZALEZ, FIDEL; RAMIREZ, AIDA to JPMORGAN CHASE BANK, N.A. $110,000
2003-10-01Mortgage $380,000 — from GONZALEZ, FIDEL; RAMIREZ, AIDA to BNY MORTGAGE COMPANY LLC $380,000
2002-01-31Mortgage $364,000 — from RAMIREZ, AIDA; GONZALEZ, FIDEL to MORTGAGE ELECTRONICREGISTRATION SYSTEMS ; GREENPOINT MORTGAGEFUNDING INC $364,000

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
24
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017006208
2018001001
2019001001
2020004004
2021002002
2022003003
2023001203
202400220224
2025004105
202610144019
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The full timeline

Construction 16Enforcement 1Housing & tenants 52Ownership & money 27Health & systems 2

Every one of the 98 recorded events, 1979–2026, 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