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545 Prospect Place

1,982Records
21City systems
12Open violations
32.5Penalty rate
Brooklyn · ZIP 11238 · Neighborhood: Crown Heights (North)
Open in the map

1,982 recorded events, 1993–2026, from 21 city data systems. The city's paper trail here is mostly 941 HPD complaints, 673 311 service requests, 132 HPD housing violations.

BoroughBrooklyn 11238
Built1930
Floors12
Res. units159
ClassD5
Owner (PLUTO)545 PROSPECT PLACE HOUSING DEVELOPMENT
BBL3011560080
BIN3395077

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 83% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 32.5. In ZIP 11238, 51% of residential buildings hold an A and 10% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations12 total — 6 class C (immediately hazardous), 5 class B, 1 class A. Oldest open since 2005-10-26.

status snapshot refreshed weekly from HPD records

Patterns

18 heat or hot-water complaints in the last three years (winter 2024–25: 4 · winter 2025–26: 13). Repeated winter clusters suggest a chronic heating problem.

4
’24–25
13
’25–26

4 bedbug-infested unit(s) reported in filings over the last three years.

$2,185 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

217 service requests in the last three years. Most common: Noise (44) · Illegal Parking (26) · UNSANITARY CONDITION (26) · Elevator (13) · Blocked Driveway (12) · WATER LEAK (11).

Filed construction activity

$231,125 in permitted construction work filed since 2016 (6 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 (1930)
YesSix or more residential units (159)
No421-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 with HPD — the names behind the building

Registered owner(s)545 PROSPECT LLC
Head officerEFSTAHIOS VALIOTIS
Managing agentALMA REALTY CORP
Last registered2026-07-16

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$26,156,000 $11,770,200
2026$30,118,000 $13,553,100
2027$29,306,000 $13,187,700

The city's market estimate has risen 12% between tax years 2025 and 2027.

Tax exemptions on the roll: ARTICLE XI

Building systems

Energy grade (LL33)B — ENERGY STAR score 83/100 (2022 disclosure cycle)
Heating fuelNO2FUEL
Facade (Local Law 11)SAFE (cycle 8)

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

SubwayPark Pl — S · 250 ft straight-line (about a 1-minute walk) · station accessibility: full
Botanic Garden — 2 3 4 5 S · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: none
BusNearest boarding stop: Classon Av / Prospect Pl — B48 · 400 ft
Citi BikeClasson Ave & St Marks Ave · 450 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.

Report a problem to 311

545 Prospect Place

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

217 311 service requests from this address in the last three years — 8 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.

The landlord's report card

Managed by ALMA REALTY CORP — 155 buildings, 7,629 units. Grades across the portfolio: A38 · B64 · C45 · D7 · F1. See the whole portfolio

BuildingBoroughUnitsGrade
34-46 Vernon Blvd QN405 A
107-10 Shore Front Parkway QN265 B
106-10 Shore Front Parkway QN265 B
106-20 Shore Front Parkway QN240 B
1511 Sheridan Avenue BX223 C
1777 Grand Concourse BX170 F
545 Prospect Place BK159 B
880 Bergen Street BK133 B
38-25 Parsons Boulevard QN113 B
3224 Grand Concourse BX112 D
226 Taaffe Place BK109 B
1775 East 18 Street BK96 B
213 Taaffe Place BK90 A
104-25 195 Street QN89 C
9 Thayer Street MN88 A
658 West 188 Street MN88 C
565 Prospect Place BK86 A
3607 Broadway MN84 B
227 Taaffe Place BK83 B
464 St Marks Avenue BK83 A
89-10 35 Avenue QN82 B
91-35 193 Street QN81 B
32-05 Newtown Avenue QN81 A
37-21 31 Street QN80 A
165 Bennett Avenue MN79 A
39-30 59 Street QN77 A
4455 Broadway MN77 B
173-17 89 Avenue QN76 A
699 Classon Avenue BK76 A
38 Sickles Street MN75 B
25-10 31 Avenue QN74 A
23-30 Newtown Avenue QN74 B
203 Underhill Avenue BK72 B
1114 Ward Avenue BX72 C
92 Pinehurst Avenue MN72 B
480 St Marks Avenue BK71 A
3572 DeKalb Avenue BX70 D
200 Highland Boulevard BK66 B
500 St Marks Avenue BK65 A
3885 Broadway MN64 C
4141 Broadway MN62 C
4151 Broadway MN62 C
90 Ellwood Street MN61 B
505 West 162 Street MN60 B
91-10 34 Avenue QN60 A
3851 Broadway MN59 C
140 Clarkson Avenue BK59 B
961 St Nicholas Avenue MN56 C
1548 St Nicholas Avenue MN55 B
520 West 163 Street MN54 C
102-02 Rockaway Beach Blvd QN52 A
559 West 164 Street MN51 B
5008 Broadway MN50 B
393 Lefferts Avenue BK50 A
1415 Bristow Street BX50 C
557 West 148 Street MN49 B
614 West 157 Street MN48 B
35-30 153 Street QN47 C
35-28 153 Street QN47 B
530 West 163 Street MN45 B

showing 60 of 155 buildings

Sales, deeds & mortgages

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.

DateRecordAmountPer res. unit
2026-04-23Agreement $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
2026-04-23Mortgage $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
2020-03-11Agreement $37,646,000 — from 545 PROSPECT PLACE HOUSING DEVELOPMENT F; 545 PROSPECT PL, LLC to NEW YORK COMMUNITY BANK $37,646,000
2020-03-11Mortgage $15,600,489 — from 545 PROSPECT PL, LLC; 545 PROSPECT PLACE HOUSING DEVELOPMENT F to NEW YORK COMMUNITY BANK $15,600,489
2017-07-11Agreement $24,900,000 — from 545 PROSPECT PLACE HOUSING DEVELOPMENT to NEW YORK COMMUNITY BANK $24,900,000
2014-08-01Mortgage $4,709,836 — from 545 PROSPECT PL, LLC to NEW YORK COMMUNITY BANK $4,709,836
2014-08-01Agreement $24,900,000 — from 545 PROSPECT PL, LLC to NEW YORK COMMUNITY BANK $24,900,000
2011-08-16Agreement $21,335,303 — from NEW YORK COMMUNITY BANK to 555 PROSPECT ASSOCIATES, LLC $21,335,303

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
250
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201703196129
201828230336
201958570373
20202910938131
202138690181
2022311660686
2023017530272
20240823813250
202503660473
2026212766298
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The full timeline

Construction 26Enforcement 128Housing & tenants 1,764Ownership & money 25Health & systems 39

Every one of the 1,982 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