257 recorded events, 1980–2026, from 14 city data systems. The city's paper trail here is mostly 58 HPD housing violations, 50 311 service requests, 46 ACRIS deeds & mortgages.
Full record, year by year Support this site
A sustained record of distress well beyond its peers. More recorded distress than 97% 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 72.8. In ZIP 11225, 70% of residential buildings hold an A and 6% grade D or F. How grades work
Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 5 total — 2 class C (immediately hazardous), 3 class B, 0 class A. Oldest open since 2025-02-13. |
status snapshot refreshed weekly from HPD records
6 heat or hot-water complaints in the last three years (winter 2023–24: 4 · winter 2025–26: 2). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
22 service requests in the last three years. Most common: Water System (10) · UNSANITARY CONDITION (4) · HEAT/HOT WATER (3) · Noise (2) · Illegal Parking (1) · PLUMBING (1).
$95,900 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.
| Yes | Built before 1974 (1925) |
| No | Six or more residential units (5) |
| Yes | 421-a / J-51 tax benefit on the current tax roll |
2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | PROSPECT EQUITIES OPERATING.LLC |
| Head officer | LARRY HIRSCHFIELD |
| Managing agent | ELH MGMT.LLC |
| Last registered | 2025-08-25 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,078,000 | $485,100 |
| 2026 | $977,000 | $439,650 |
| 2027 | $1,172,000 | $527,400 |
The city's market estimate has risen 9% between tax years 2025 and 2027.
Tax exemptions on the roll: J51
| Restaurant | Cuisine | Grade | Notes |
|---|---|---|---|
| Peppa's Jerk Chicken | Caribbean | A | — |
Report to 311: Food poisoning · Food safety complaint
1 restaurant · 0 with mice evidence · See them on the Mice Map
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 | Botanic Garden — 2 3 4 5 S · 500 ft straight-line (about a 2-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Franklin Av / Union St — B48 · 150 ft |
| Citi Bike | Carroll St & Franklin Ave · 450 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 241 Emma L. Johnston 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.
848 Franklin 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 |
| Food poisoning | Food poisoning |
| Food safety complaint | Food safety complaint |
| Anything else | Anything else |
22 311 service requests from this address in the last three years — 3 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 ELH MGMT.LLC — 110 buildings, 3,367 units. Grades across the portfolio: A17 · B29 · C34 · D17 · F13. See the whole portfolio
showing 60 of 110 buildings
Most recent mortgage recorded against this lot: $488,399 on 2020-01-14 (lender: Orix Real Estate Capital, LLC), covering 7 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 |
|---|---|---|---|
| 2020-01-14 | Agreement $4,668,726 — from PROSPECT EQUITIES OPERATING, LLC to THE CITY OF NEW YORK, ACTING BY AND THRO | $4,668,726 | |
| 2020-01-14 | Mortgage $488,400 — from PROSPECT EQUITIES OPERATING, LLC to ORIX REAL ESTATE CAPITAL, LLC | $488,400 | |
| 2020-01-14 | Agreement $3,607,200 — from PROSPECT EQUITIES OPERATING, LLC to ORIX REAL ESTATE CAPITAL, LLC | $3,607,200 | |
| 2013-10-30 | Agreement $1,705,399 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $1,705,399 | |
| 2013-10-30 | Agreement $6,989,477 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $6,989,477 | |
| 2013-10-30 | Agreement $1,062,027 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $1,062,027 | |
| 2013-10-07 | Agreement $4,435,400 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $4,435,400 | |
| 2013-10-07 | Mortgage $3,373,373 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $3,373,373 | |
| 2013-10-07 | AL&R $3,373,373 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $3,373,373 | |
| 2013-10-07 | Agreement $3,373,373 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $3,373,373 | |
| 2013-10-07 | AL&R $11,424,877 — from THE COMMUNITY PRESERVATION CORPORATION to PROSPECT EQUITIES OPERATING, LLC | $11,424,877 | |
| 2013-09-06 | Mortgage $5,284,078 — from PROSPECT EQUITIES OPERATION, LLC to THE COMMUNITY PRESERVATION CORPORATION | $5,284,078 | |
| 2013-09-06 | Agreement $5,284,078 — from PROSPECT EQUITIES OPERATING, LLC to THE CITY OF NEW YORK ACTING TROUGH ITS D | $5,284,078 | |
| 2013-09-06 | Agreement $5,284,078 — from THE CITY OF NEW YORK ACTING TROUGH ITS D to THE COMMUNITY PRESERVATION CORPORATION | $5,284,078 | |
| 2008-07-09 | Deed $140,000 — from NEIGHBORHOOD RESTORE HOUSING DEVELOPMENT to PROSPECT EQUITIES OPERATING, LLC. | $140,000 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 24 | 0 | 1 | 25 |
| 2018 | 1 | 1 | 0 | 2 | 4 |
| 2019 | 0 | 0 | 0 | 1 | 1 |
| 2020 | 0 | 2 | 8 | 3 | 13 |
| 2021 | 0 | 4 | 0 | 1 | 5 |
| 2022 | 0 | 16 | 0 | 3 | 19 |
| 2023 | 0 | 3 | 0 | 2 | 5 |
| 2024 | 0 | 16 | 1 | 2 | 19 |
| 2025 | 0 | 21 | 0 | 4 | 25 |
| 2026 | 0 | 3 | 0 | 2 | 5 |
Every one of the 257 recorded events, 1980–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11225 · Landlord rankings · How grades work · The map · The Mice Map