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682 Ocean Avenue

1,993Records
21City systems
55Open violations
781.2Penalty rate
Brooklyn · ZIP 11226 · Neighborhood: Flatbush
Open in the map

1,993 recorded events, 1972–2026, from 21 city data systems. The city's paper trail here is mostly 619 HPD housing violations, 619 HPD complaints, 477 311 service requests.

BoroughBrooklyn 11226
Built1926
Floors6
Res. units30
ClassD1
Owner (PLUTO)LMCT HOUSING DEVELOPMENT FUND CORPORATIO N
BBL3051230022
BIN3117612

Full record, year by year   Support this site

GRADE F

A sustained record of distress well beyond its peers. More recorded distress than 99% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 781.2. In ZIP 11226, 60% of residential buildings hold an A and 10% grade D or F. How grades work

this building
A
B
C

Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations55 total — 19 class C (immediately hazardous), 21 class B, 15 class A. Oldest open since 2024-04-07.
Pending HPD litigation1 case(s) pending in housing court

status snapshot refreshed weekly from HPD records

Patterns

53 heat or hot-water complaints in the last three years (winter 2023–24: 20 · winter 2024–25: 12 · winter 2025–26: 19 · winter 2026–27: 1). Repeated winter clusters suggest a chronic heating problem.

20
’23–24
12
’24–25
19
’25–26
1
’26–27

No bedbug-infested units reported in the last three years of filings.

What 311 hears from this address

171 service requests in the last three years. Most common: UNSANITARY CONDITION (29) · HEAT/HOT WATER (21) · Noise (16) · PLUMBING (15) · Rodent (14) · ELECTRIC (14).

Filed construction activity

$409,000 in permitted construction work filed since 2016 (8 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.

Rent-stabilization signals

YesBuilt before 1974 (1926)
YesSix or more residential units (30)
No421-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 with HPD — the names behind the building

Registered owner(s)PPSP ASSOCIATES LLC
Head officerMordechai G Piller
Managing agentPPSP Associates LLC
Last registered2026-07-22

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,939,000 $1,322,550
2026$2,413,000 $1,085,850
2027$2,620,000 $1,179,000

The city's market estimate has fallen 11% between tax years 2025 and 2027.

Tax exemptions on the roll: ARTICLE XI

Building systems

Heating fuelNO2FUEL

Flood exposure

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.

3 street-flooding or sewer-backup complaints at this address since 2010 (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.

Getting around

SubwayBeverley Rd — Q · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
Church Av — B Q · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full
BusNearest boarding stop: Flatbush Av / Albemarle Rd — B41 · 800 ft
Citi BikeE 19 St & Beverley Rd · 450 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 245
Middle: M.S. 246 Walt Whitman. 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.

Report a problem to 311

682 Ocean Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

171 311 service requests from this address in the last three years — 21 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.

The landlord's report card

Managed by PPSP ASSOCIATES LLC — 8 buildings, 384 units. Grades across the portfolio: C2 · D5 · F1. See the whole portfolio

BuildingBoroughUnitsGrade
211 Linden Boulevard BK145 D
280 East 21 Street BK68 D
816 Ocean Avenue BK41 C
672 Ocean Avenue BK34 D
666 Ocean Avenue BK34 C
682 Ocean Avenue BK30 F
91 East 18 Street BK16 D
95 East 18 Street BK16 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $371,210 on 2017-12-29 (lender: New York Community Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-03-02Deed $79,850,000 — from PPSP PRESERVATION LLC; LMCT HOUSING DEVELOPMENT FUND CORPORATIO to PPSP ASSOCIATES LLC; LMCT HOUSING DEVELOPMENT FUND CORPORATIO $79,850,000
2026-03-02ASPM $7,453,000 — from PPSP PRESERVATION LLC; LMCT HOUSING DEVELOPMENT FUND CORPORATIO to NEW YORK CITY HOUSING DEVELOPMENT CORPOR; PPSP ASSOCIATES LLC $7,453,000
2026-03-02ASPM $67,077,000 — from LMCT HOUSING DEVELOPMENT FUND CORPORATIO; PPSP PRESERVATION LLC to PPSP ASSOCIATES LLC; NEW YORK CITY HOUSING DEVELOPMENT CORPOR $67,077,000
2026-03-02Agreement $67,077,000 — from PILLER, MORDECHAI G; PPSP PRESERVATION LLC; GROPPER, RICK; MOELIS, ANDREW; LMCT HOUSING DE to FEDERAL HOME LOANS MORTGAGE CORPORATION $67,077,000
2026-02-20Sold for $79,850,000 $79,850,000 $2,661,667
2022-02-14Mortgage $67,077,000 — from LMCT HOUSING DEVELOPMENT FUND CORPORATIO; PPSP PRESERVATION LLC to NEW YORK CITY HOUSING DEVELOPMENT CORPOR $67,077,000
2022-02-14Mortgage $7,453,000 — from PPSP PRESERVATION LLC; LMCT HOUSING DEVELOPMENT FUND CORPORATIO to NEW YORK CITY HOUSING DEVELOPMENT CORPOR $7,453,000
2022-02-14Mortgage $67,077,000 — from PPSP PRESERVATION LLC; LMCT HOUSING DEVELOPMENT FUND CORPORATIO to NEW YORK CITY HOUSING DEVELOPMENT CORPOR $67,077,000
2020-05-22AL&R $65,600,000 — from LMCT HOUSING DEVELOPMENT FUND; PPSP PRESERVATION LLC to MERCHANTS BANK OF INDIANA $65,600,000
2020-05-22Deed $6,974,227 — from 682 OCEAN PROPERTY LLC to LMCT HOUSING DEVELOPMENT FUND CORPORATIO; PPSP PRESERVATION LLC $6,974,227
2020-05-22Mortgage $65,600,000 — from PPSP PRESERVATION LLC to MERCHANTS BANK OF INDIANA; LMCT HOUSING DEVELOPMENT FUND $65,600,000
2020-04-01Sold for $6,974,227 $6,974,227 $232,474
2017-12-29Mortgage $371,211 — from 682 OCEAN PROPERTY LLC to NEW YORK COMMUNITY BANK $371,211
2017-12-29Agreement $4,370,000 — from 682 OCEAN PROPERTY LLC to NEW YORK COMMUNITY BANK $4,370,000
2017-12-29AL&R $4,370,000 — from 682 OCEAN PROPERTY LLC to NEW YORK COMMUNITY BANK $4,370,000

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
2024
399
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201765763393
201874160330
201912140219
202022386250
202144310140
202202858196
20230011605121
202403378110392
20250039009399
20260010481113
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The full timeline

Construction 31Enforcement 72Housing & tenants 1,767Ownership & money 85Health & systems 38

Every one of the 1,993 recorded events, 1972–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11226 · Landlord rankings · How grades work · The map · The Mice Map