340 recorded events, 1993–2026, from 15 city data systems. The city's paper trail here is mostly 180 311 service requests, 27 ACRIS deeds & mortgages, 25 HPD complaints.
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 83% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 2.1. In ZIP 11238, 51% of residential buildings hold an A and 10% grade D or F. How grades work
Among 17,252 25-99-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.
2 heat or hot-water complaints in the last three years (winter 2024–25: 2).
1 bedbug-infested unit(s) reported in filings over the last three years.
55 service requests in the last three years. Most common: Abandoned Vehicle (15) · Noise (7) · Illegal Parking (7) · Blocked Driveway (3) · Air Quality (3) · Consumer Complaint (3).
$245,000 in permitted construction work filed since 2016 (4 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.
| Yes | Built before 1974 (1930) |
| Yes | Six or more residential units (71) |
| 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) | 480 ST. MARKS AVE, LLC |
| Head officer | EFSTATHIOS VALIOTIS |
| Managing agent | ALMA REALTY CORP |
| Last registered | 2025-07-02 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $8,528,000 | $3,837,600 |
| 2026 | $7,283,000 | $3,277,350 |
| 2027 | $7,406,000 | $3,332,700 |
The city's market estimate has fallen 13% between tax years 2025 and 2027.
Tax exemptions on the roll: ARTICLE XI
| Energy grade (LL33) | B — ENERGY STAR score 83/100 (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
| Facade (Local Law 11) | SAFE (cycle 9) |
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 | Park Pl — S · 500 ft straight-line (about a 3-minute walk) · station accessibility: full Franklin Av — C S · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Classon Av / Prospect Pl — B48 · 200 ft |
| Citi Bike | Classon Ave & St Marks Ave · 200 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: Brooklyn Arts and Science Elementary School Middle: Ebbets Field Middle School. 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.
480 St Marks 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 |
55 311 service requests from this address in the last three years — 1 of them about heat or hot water.
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 ALMA REALTY CORP — 155 buildings, 7,629 units. Grades across the portfolio: A38 · B64 · C45 · D7 · F1. See the whole portfolio
showing 60 of 155 buildings
Most recent mortgage recorded against this lot: $1,705,096 on 2026-04-23 (lender: Zions Bancorporation, N.A.), covering 5 lots — the amount covers all of them. Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-04-23 | Mortgage $1,705,097 — from 565 PROSPECT PL, LLC; 713 CLASSON AVE LLC; 500 ST. MARKS AVE LLC; 480 ST. MARKS AVE LLC; 5 to ZIONS BANCORPORATION, N.A. | $1,705,097 | |
| 2026-04-23 | Agreement $83,000,000 — from 565 PROSPECT PL, LLC; 713 CLASSON AVE LLC; 480 ST. MARKS AVE LLC; 545 PROSPECT PL, LLC; 50 to ZIONS BANCORPORATION, N.A. | $83,000,000 | |
| 2018-09-14 | Mortgage $5,027,028 — from 480 ST. MARKS AVENUE HOUSING DEVELOPMENT; 480 ST. MARKS AVE LLC to NEW YORK COMMUNITY BANK | $5,027,028 | |
| 2018-09-14 | Agreement $11,200,000 — from 480 ST. MARKS AVENUE HOUSING DEVELOPMENT; 480 ST. MARKS AVE LLC to NEW YORK COMMUNITY BANK | $11,200,000 | |
| 2013-06-07 | Mortgage $7,000,000 — from 480 ST. MARKS AVE LLC to JPMORGAN CHASE BANK, N.A. | $7,000,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 3 | 8 | 5 | 1 | 17 |
| 2018 | 0 | 3 | 4 | 7 | 3 | 17 |
| 2019 | 0 | 4 | 9 | 0 | 3 | 16 |
| 2020 | 7 | 6 | 22 | 0 | 3 | 38 |
| 2021 | 0 | 1 | 18 | 0 | 3 | 22 |
| 2022 | 0 | 4 | 11 | 0 | 2 | 17 |
| 2023 | 0 | 5 | 14 | 0 | 5 | 24 |
| 2024 | 0 | 6 | 28 | 0 | 2 | 36 |
| 2025 | 0 | 1 | 11 | 0 | 3 | 15 |
| 2026 | 2 | 0 | 21 | 6 | 2 | 31 |
Every one of the 340 recorded events, 1993–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11238 · Landlord rankings · How grades work · The map · The Mice Map