300 recorded events, 1966–2026, from 15 city data systems. The city's paper trail here is mostly 79 311 service requests, 45 ACRIS deeds & mortgages, 38 HPD complaints.
Full record, year by year Support this site
A meaningful record of code violations or complaints relative to its peers. More recorded distress than 93% 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 267.7. In ZIP 11238, 51% of residential buildings hold an A and 10% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 11 total — 5 class C (immediately hazardous), 6 class B, 0 class A. Oldest open since 2024-09-17. |
status snapshot refreshed weekly from HPD records
33 heat or hot-water complaints in the last three years (winter 2023–24: 6 · winter 2025–26: 8). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
50 service requests in the last three years. Most common: Rodent (18) · HEAT/HOT WATER (13) · Snow or Ice (7) · UNSANITARY CONDITION (4) · PLUMBING (3) · Smoking or Vaping (2).
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.
| Yes | Built before 1974 (1910) |
| Yes | Six or more residential units (8) |
| 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) | 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 | $1,804,000 | $811,800 |
| 2026 | $2,019,000 | $908,550 |
| 2027 | $2,354,000 | $1,059,300 |
The city's market estimate has risen 30% between tax years 2025 and 2027.
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 | Nostrand Av — A C · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: none Park Pl — S · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Dean St / Franklin Av — B49 B65 · 150 ft |
| Citi Bike | Dean St & Franklin 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.
603 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 |
| Anything else | Anything else |
50 311 service requests from this address in the last three years — 13 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 $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 | |
| 2013-10-30 | Agreement $1,705,399 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $1,705,399 | |
| 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 $4,435,400 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $4,435,400 | |
| 2013-10-07 | Agreement $3,373,373 — from PROSPECT EQUITIES OPERATING, LLC to THE COMMUNITY PRESERVATION CORPORATION | $3,373,373 | |
| 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 $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 | Mortgage $4,435,400 — from PROSPECT EQUITIES OPERATING, LLC. to THE COMMUNITY PRESEVATION CORPORATION | $4,435,400 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 1 | 0 | 1 | 2 |
| 2018 | 0 | 0 | 0 | 3 | 3 |
| 2019 | 0 | 0 | 0 | 3 | 3 |
| 2020 | 0 | 6 | 8 | 2 | 16 |
| 2021 | 0 | 7 | 0 | 4 | 11 |
| 2022 | 1 | 5 | 0 | 8 | 14 |
| 2023 | 0 | 14 | 0 | 4 | 18 |
| 2024 | 0 | 27 | 1 | 5 | 33 |
| 2025 | 0 | 30 | 0 | 8 | 38 |
| 2026 | 0 | 45 | 0 | 7 | 52 |
Every one of the 300 recorded events, 1966–2026, 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