653 recorded events, 1969–2026, from 17 city data systems. The city's paper trail here is mostly 316 311 service requests, 64 DOB complaints, 63 ACRIS deeds & mortgages.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 61% 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 7. In ZIP 11218, 71% of residential buildings hold an A and 6% grade D or F. How grades work
Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 7 total — 0 class C (immediately hazardous), 5 class B, 2 class A. Oldest open since 2025-11-26. |
status snapshot refreshed weekly from HPD records
20 heat or hot-water complaints in the last three years (winter 2025–26: 20).
No bedbug-infested units reported in the last three years of filings.
$22,500 in enforcement penalties imposed (ECB/OATH) in the last three years.
199 service requests in the last three years. Most common: Noise (63) · General Construction/Plumbing (36) · Residential Disposal Complaint (16) · Water System (10) · HEAT/HOT WATER (10) · Indoor Air Quality (8).
$51,114,810 in permitted construction work filed since 2016 (24 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 (2023) |
| Yes | Six or more residential units (128) |
| No | 421-a / J-51 tax benefit on the current tax roll |
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 425 CONEY ISLAND REALTY INC |
| Head officer | JOEL GRUNWALD |
| Managing agent | JOYLAND MANAGEMENT |
| Last registered | 2025-08-08 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $2,139,000 | $962,550 |
| 2026 | $5,121,000 | $2,304,450 |
| 2027 | $24,997,000 | $11,248,650 |
The city's market estimate has risen 1069% 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.
2 street-flooding or sewer-backup complaints at this address since 2011 (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 | Fort Hamilton Pkwy — F G · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none Beverley Rd — Q · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Coney Island Av / Church Av — B68 · 150 ft |
| Citi Bike | Caton Ave & E 10 St · 450 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 249 The Caton. 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.
435 Coney Island 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 |
199 311 service requests from this address in the last three years — 10 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 JOYLAND MANAGEMENT — 32 buildings, 1,204 units. Grades across the portfolio: A11 · B13 · C3 · D2 · F2. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 275 Lorimer Street | BK | 270 | A |
| 828 Metropolitan Avenue | BK | 136 | B |
| 435 Coney Island Avenue | BK | 128 | B |
| 824 East New York Avenue | BK | 94 | A |
| 271 Lorimer Street | BK | 66 | A |
| 803 Wyckoff Avenue | QN | 54 | A |
| 550 Kingston Avenue | BK | 48 | A |
| 26 Quincy Street | BK | 43 | A |
| 435 Vanderbilt Avenue | BK | 43 | A |
| 378 Grove Street | BK | 39 | A |
| 492 Lefferts Avenue | BK | 38 | B |
| 504 East 11 Street | MN | 32 | B |
| 920 72 Street | BK | 32 | D |
| 1262 Broadway | BK | 29 | A |
| 106-04 Northern Boulevard | QN | 28 | C |
| 570 Nostrand Avenue | BK | 25 | A |
| 38 Stratford Road | BK | 14 | B |
| 486 Lefferts Avenue | BK | 9 | B |
| 488 Lefferts Avenue | BK | 9 | B |
| 77 Steuben Street | BK | 8 | B |
| 1444 Pacific Street | BK | 8 | B |
| 829 Monroe Street | BK | 8 | B |
| 825 Monroe Street | BK | 7 | B |
| 1368 Putnam Avenue | BK | 6 | B |
| 1298 Sterling Place | BK | 6 | D |
| 611 Nostrand Avenue | BK | 6 | B |
| 1044 Decatur Street | BK | 6 | A |
| 762 Miller Avenue | BK | 6 | C |
| 2587A Bainbridge Avenue | BX | 2 | F |
| 472 Chauncey Street | BK | 2 | C |
| 183-01 141 Avenue | QN | 2 | F |
| 263 Skillman Street | BK | — | — |
Most recent mortgage recorded against this lot: $6,000,000 on 2025-09-05 (lender: Valley National Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-09-05 | Agreement $56,000,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $56,000,000 | |
| 2025-09-05 | AL&R $56,000,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $56,000,000 | |
| 2025-09-05 | Mortgage $6,000,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $6,000,000 | |
| 2023-10-13 | AL&R $8,003,061 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $8,003,061 | |
| 2023-10-13 | Mortgage $8,003,061 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $8,003,061 | |
| 2023-10-13 | AL&R $27,496,939 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $27,496,939 | |
| 2023-10-13 | Mortgage $27,496,939 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $27,496,939 | |
| 2023-10-13 | AL&R $14,500,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $14,500,000 | |
| 2023-10-13 | Agreement $14,500,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $14,500,000 | |
| 2022-10-04 | AL&R $14,500,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $14,500,000 | |
| 2022-10-04 | Agreement $14,500,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $14,500,000 | |
| 2022-10-04 | Mortgage $2,500,000 — from 425 CONEY ISLAND REALTY LLC to VALLEY NATIONAL BANK | $2,500,000 | |
| 2019-12-19 | Mortgage $12,000,000 — from 425 CONEY ISLAND REALTY LLC to THE BANK OF PRINCETON | $12,000,000 | |
| 2019-12-19 | Deed $16,000,000 — from 425 CONEY ISLAND LLC to 425 CONEY ISLAND REALTY LLC | $16,000,000 | |
| 2019-12-19 | AL&R $12,000,000 — from 425 CONEY ISLAND REALTY LLC to THE BANK OF PRINCETON | $12,000,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 2 | 0 | 5 | 0 | 0 | 7 |
| 2018 | 0 | 6 | 7 | 0 | 1 | 14 |
| 2019 | 0 | 12 | 10 | 8 | 17 | 47 |
| 2020 | 0 | 0 | 6 | 0 | 0 | 6 |
| 2021 | 0 | 0 | 13 | 0 | 0 | 13 |
| 2022 | 9 | 0 | 21 | 8 | 8 | 46 |
| 2023 | 27 | 28 | 35 | 7 | 2 | 99 |
| 2024 | 13 | 2 | 17 | 2 | 1 | 35 |
| 2025 | 9 | 9 | 50 | 4 | 6 | 78 |
| 2026 | 2 | 41 | 166 | 5 | 0 | 214 |
Every one of the 653 recorded events, 1969–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11218 · Landlord rankings · How grades work · The map · The Mice Map