351 recorded events, 2004–2026, from 14 city data systems. The city's paper trail here is mostly 130 ACRIS deeds & mortgages, 45 311 service requests, 30 DOB permits.
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 100% 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 0. In ZIP 11206, 43% of residential buildings hold an A and 17% grade D or F. How grades work
Among 46,798 6-24-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.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
13 service requests in the last three years. Most common: Street Light Condition (9) · Sewer (2) · Sidewalk Condition (1) · Illegal Parking (1).
$65,930 in permitted construction work filed since 2016 (7 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.
| No | Built before 1974 (2014) |
| Yes | Six or more residential units (10) |
| 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) | 242 WALLABOUT STREET CONDOMINIUM |
| Head officer | ABE B |
| Managing agent | SEM NY CORP |
| Last registered | 2025-07-14 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $0 | $0 |
| 2026 | $0 | $0 |
| 2027 | $408,301 | $183,736 |
Tax exemptions on the roll: 421A 15 YR CAP · HOUSE OF WORSHIP
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $469,163 a year ($19.05 per sq ft), operating expenses $124,371 ($5.05 per sq ft), net operating income $344,792. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | F — did not submit required benchmarking data, posted at the entrance by law (2022 disclosure cycle) |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 3 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
1 street-flooding or sewer-backup complaints at this address since 2026 (1 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Flushing Av — G · 850 ft straight-line (about a 4-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Lee Av / Wallabout St — B44 · 200 ft |
| Citi Bike | Nostrand Ave & Flushing Ave · 250 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 380 John Wayne Elementary. 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.
242 Wallabout Street
| 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 |
13 311 service requests from this address in the last three years.
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 SEM NY CORP — 37 buildings, 790 units. Grades across the portfolio: A32 · B2 · D3. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 948 Myrtle Avenue | BK | 101 | B |
| 580 Wythe Avenue | BK | 68 | A |
| 525 Kent Avenue | BK | 66 | A |
| 859 Myrtle Avenue | BK | 62 | A |
| 570 Wythe Avenue | BK | 48 | A |
| 567 Marcy Avenue | BK | 40 | A |
| 7 Whipple Street | BK | 25 | A |
| 58 Gerry Street | BK | 23 | A |
| 34 South 9 Street | BK | 21 | A |
| 43 South 10 Street | BK | 21 | A |
| 159 Classon Avenue | BK | 20 | A |
| 40 South 9 Street | BK | 20 | A |
| 23 Heyward Street | BK | 19 | B |
| 801 Bedford Avenue | BK | 18 | A |
| 814 Bedford Avenue | BK | 17 | A |
| 210 Middleton Street | BK | 16 | A |
| 24 Middleton Street | BK | 16 | A |
| 177 Taylor Street | BK | 14 | A |
| 8 Lynch Street | BK | 14 | A |
| 115 Wallabout Street | BK | 14 | A |
| 24 Lynch Street | BK | 14 | A |
| 1 Middleton Street | BK | 14 | A |
| 730 Bedford Avenue | BK | 13 | A |
| 116 Skillman Street | BK | 12 | A |
| 15 Lynch Street | BK | 12 | A |
| 5 Lorimer Street | BK | 12 | A |
| 242 Wallabout Street | BK | 10 | A |
| 504 Park Avenue | BK | 9 | A |
| 54 Skillman Street | BK | 9 | A |
| 892 Bedford Avenue | BK | 8 | A |
| 113 South 8 Street | BK | 8 | A |
| 460 Bedford Avenue | BK | 6 | A |
| 639 Myrtle Avenue | BK | 6 | A |
| 821 Bedford Avenue | BK | 5 | A |
| 890 Bedford Avenue | BK | 4 | D |
| 254 Skillman Street | BK | 3 | D |
| 265 Skillman Street | BK | 2 | D |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-01-22 | Mortgage $318,923 — from MEISELS, MORDECHAI to FIGURE LENDING LLC | $318,923 | |
| 2023-12-19 | Agreement $724,500 — from JACOBOWITZ, LIPA; JACOBOWITZ, ISAAC to MERS | $724,500 | |
| 2021-08-23 | Mortgage $22,478 — from JACOBOWITZ, ISAAC; JACOBOWITZ, LIPA to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; ARC HOME LLC | $22,478 | |
| 2021-06-01 | Mortgage $208,500 — from FRANKL, VICTOR to CROSS COUNTY SAVINGS BANK | $208,500 | |
| 2021-03-08 | Agreement $743,000 — from FRANKL, VICTOR to MERS | $743,000 | |
| 2021-02-04 | Mortgage $37,111 — from FRANKL, VICTOR to MERS | $37,111 | |
| 2021-01-22 | Mortgage $344,048 — from AB WALLABOUT LLC to VALLEY NATIONAL BANK | $344,048 | |
| 2021-01-22 | Agreement $3,500,000 — from AB WALLABOUT LLC to VALLEY NATIONAL BANK | $3,500,000 | |
| 2021-01-22 | AL&R $3,500,000 — from AB WALLABOUT LLC to VALLEY NATIONAL BANK | $3,500,000 | |
| 2021-01-13 | Agreement $555,000 — from FULOP, ERNESTO to MERS | $555,000 | |
| 2021-01-13 | Mortgage $14,101 — from FULOP, ERNESTO to MERS | $14,101 | |
| 2020-06-02 | Mortgage $765,600 — from MEISELS, MORDECHAI ARON to MERS | $765,600 | |
| 2019-12-04 | Deed $999,000 — from SATMAR WALLABOUT DEVELOPMENT LLC to MEISELS, MORDECHAI ARON | $999,000 | |
| 2019-12-03 | Deed $437,000 — from 242 3A LLC to MEISELS, MORDECHAI ARON | $437,000 | |
| 2019-11-13 | Deed $876,713 — from SATMAR WALLABOUT DEVELOPMENT LLC to 242-6B, LLC | $876,713 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 9 | 13 | 3 | 4 | 0 | 29 |
| 2018 | 7 | 0 | 1 | 58 | 0 | 66 |
| 2019 | 1 | 8 | 5 | 39 | 3 | 56 |
| 2020 | 1 | 5 | 16 | 4 | 1 | 27 |
| 2021 | 0 | 6 | 2 | 39 | 0 | 47 |
| 2022 | 0 | 4 | 5 | 1 | 1 | 11 |
| 2023 | 0 | 2 | 4 | 3 | 1 | 10 |
| 2024 | 0 | 0 | 2 | 0 | 1 | 3 |
| 2025 | 0 | 0 | 5 | 0 | 1 | 6 |
| 2026 | 0 | 0 | 8 | 1 | 1 | 10 |
Every one of the 351 recorded events, 2004–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11206 · Landlord rankings · How grades work · The map · The Mice Map