288 recorded events, 1966–2026, from 15 city data systems. The city's paper trail here is mostly 112 311 service requests, 38 rodent inspections, 37 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 53% 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 14.4. 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 | 4 total — 0 class C (immediately hazardous), 2 class B, 2 class A. Oldest open since 2025-08-08. |
status snapshot refreshed weekly from HPD records
2 heat or hot-water complaints in the last three years (winter 2025–26: 2).
No bedbug-infested units reported in the last three years of filings.
25 service requests in the last three years. Most common: UNSANITARY CONDITION (15) · Noise (4) · Lead (1) · Blocked Driveway (1) · New Tree Request (1) · PLUMBING (1).
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.
| No | Built before 1974 (2009) |
| Yes | Six or more residential units (11) |
| 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) | MARCY PLAZA REALTY LLC |
| Head officer | MOSES KARPEN |
| Managing agent | WATERFRONT PROPERTY MANAGEMENT LLC |
| Last registered | 2025-08-22 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,514,000 | $681,300 |
| 2026 | $1,768,000 | $795,600 |
| 2027 | $1,726,000 | $776,700 |
The city's market estimate has risen 14% between tax years 2025 and 2027.
Tax exemptions on the roll: 421A 15 YR NO CAP
| 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 | Bedford-Nostrand Avs — G · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Franklin Av / Gates Av — B48 · 100 ft |
| Citi Bike | Franklin Ave & Quincy St · 200 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 003 The Bedford Village. 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.
387 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 |
25 311 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 WATERFRONT PROPERTY MANAGEMENT LLC — 18 buildings, 122 units. Grades across the portfolio: A6 · B5 · C1 · D5. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 1085 Willoughby Avenue | BK | 20 | B |
| 238 Pulaski Street | BK | 12 | B |
| 387 Franklin Avenue | BK | 11 | A |
| 1189 Broadway | BK | 11 | A |
| 317 Franklin Avenue | BK | 10 | A |
| 53 Stanhope Street | BK | 8 | B |
| 159 Suydam Street | BK | 8 | B |
| 834 Quincy Street | BK | 7 | B |
| 568 Willoughby Avenue | BK | 6 | A |
| 699 DeKalb Avenue | BK | 6 | A |
| 91 Gerry Street | BK | 6 | A |
| 618 Lafayette Avenue | BK | 4 | D |
| 35A Driggs Avenue | BK | 3 | D |
| 325 Franklin Avenue | BK | 3 | D |
| 1098 Bushwick Avenue | BK | 3 | D |
| 106 Kingston Avenue | BK | 2 | D |
| 18 Bleecker Street | BK | 2 | C |
| 131 Boerum Street | BK | 0 | — |
Most recent mortgage recorded against this lot: $464,184 on 2022-07-19 (lender: Flushing Bank), covering 2 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 |
|---|---|---|---|
| 2022-07-19 | Mortgage $464,185 — from MARCY PLAZA REALTY LLC to FLUSHING BANK | $464,185 | |
| 2022-07-19 | AL&R $6,400,000 — from MARCY PLAZA REALTY LLC to FLUSHING BANK | $6,400,000 | |
| 2022-07-19 | Agreement $6,400,000 — from MARCY PLAZA REALTY LLC to FLUSHING BANK | $6,400,000 | |
| 2012-07-16 | Mortgage $1,694,126 — from MARCY PLAZA REALTY LLC to ARBOR COMMERCIAL FUNDING, LLC | $1,694,126 | |
| 2012-07-16 | Agreement $7,400,000 — from MARCY PLAZA REALTY LLC to ARBOR COMMERCIAL FUNDING, LLC | $7,400,000 | |
| 2011-05-12 | Mortgage $29,500 — from MARCY PLAZA REALTY LLC to AMALGAMATED BANK | $29,500 | |
| 2011-05-12 | Agreement $5,800,000 — from MARCY PLAZA REALTY LLC to AMALGAMATED BANK | $5,800,000 | |
| 2011-05-12 | AL&R $5,800,000 — from MARCY PLAZA REALTY LLC to AMALGAMATED BANK | $5,800,000 | |
| 2008-10-16 | Mortgage $4,770,500 — from MARCY PLAZA LLC to BROOKLYN FEDERAL SAVINGS BANK | $4,770,500 | |
| 2008-10-16 | AL&R $4,770,500 — from MARCY PLAZA LLC to BROOKLYN FEDERAL SAVINGS BANK | $4,770,500 | |
| 2008-06-09 | Mortgage $1,000,000 — from MARCY PLAZA LLC to BROOKLYN FEDERAL SAVINGS BANK | $1,000,000 | |
| 2008-06-09 | AL&R $1,000,000 — from MARCY PLAZA LLC to BROOKLYN FEDERAL SAVINGS BANK | $1,000,000 | |
| 2008-05-23 | Deed $1,200,000 — from EVENING STAR BAPTIST CHURCH to MARCY PLAZA, LLC | $1,200,000 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 2 | 19 | 0 | 2 | 23 |
| 2018 | 0 | 18 | 0 | 5 | 23 |
| 2019 | 3 | 8 | 0 | 6 | 17 |
| 2020 | 0 | 5 | 0 | 2 | 7 |
| 2021 | 1 | 8 | 0 | 1 | 10 |
| 2022 | 3 | 12 | 4 | 4 | 23 |
| 2023 | 0 | 8 | 0 | 2 | 10 |
| 2024 | 0 | 5 | 0 | 2 | 7 |
| 2025 | 0 | 30 | 0 | 3 | 33 |
| 2026 | 0 | 14 | 0 | 6 | 20 |
Every one of the 288 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