Building Biography

The MapLandlordsNeighborhoodsZIP CodesGradesThe Mice MapAboutWhat's new

488 Ocean Parkway

780Records
21City systems
4Open violations
17.8Penalty rate
Brooklyn · ZIP 11218 · Neighborhood: Kensington
Open in the map

780 recorded events, 1966–2026, from 21 city data systems. The city's paper trail here is mostly 250 311 service requests, 168 HPD complaints, 141 HPD housing violations.

BoroughBrooklyn 11218
Built1958
Floors6
Res. units49
ClassD4
Owner (PLUTO)UNAVAILABLE OWNER
BBL3053890041
BIN3126787

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 55% 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 17.8. In ZIP 11218, 71% of residential buildings hold an A and 6% 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 violations4 total — 1 class C (immediately hazardous), 3 class B, 0 class A. Oldest open since 2009-07-30.

status snapshot refreshed weekly from HPD records

Patterns

4 heat or hot-water complaints in the last three years (winter 2023–24: 4).

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

$625 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

53 service requests in the last three years. Most common: Blocked Driveway (17) · Illegal Parking (14) · Real Time Enforcement (4) · Noise (3) · Missed Collection (2) · HEAT/HOT WATER (2).

Filed construction activity

$71,323 in permitted construction work filed since 2016 (1 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 (1958)
YesSix or more residential units (49)
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)EDGEWOOD INC
Head officerHESHY EISSENBERG
Managing agentNEWPORT MANAGEMENT LLC
Last registered2025-08-20

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,214,000 $1,446,300
2026$3,674,000 $1,653,300
2027$3,183,000 $1,432,350

The city's market estimate has fallen 1% between tax years 2025 and 2027.

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $764,016 a year ($17.72 per sq ft), operating expenses $344,497 ($7.99 per sq ft), net operating income $419,519. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)B — ENERGY STAR score 75/100 (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 9)

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.

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.

Getting around

SubwayDitmas Av — F · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
BusNearest boarding stop: 18 Av / Ocean Pkwy — B8 · 0.2 mi
Citi BikeE 3 St & Cortelyou Rd · 1,050 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 179 Kensington
Middle: J.H.S. 062 Ditmas. 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

488 Ocean Parkway

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

53 311 service requests from this address in the last three years — 2 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 NEWPORT MANAGEMENT LLC — 39 buildings, 3,321 units. Grades across the portfolio: A17 · B17 · C3 · D2. See the whole portfolio

BuildingBoroughUnitsGrade
190 72 Street BK455 B
367 Avenue S BK156 B
3080 Voorhies Avenue BK153 C
3845 Shore Parkway BK153 B
820 Ocean Parkway BK132 B
855 East 7 Street BK131 A
763 Ocean Parkway BK124 B
1900 Quentin Road BK124 C
280 Ocean Parkway BK114 A
1802 Ocean Parkway BK113 D
770 Ocean Parkway BK100 A
800 Ocean Parkway BK100 B
1610 Avenue P BK100 B
800 Cortelyou Road BK93 A
145 72 Street BK84 A
340 Ocean Parkway BK77 B
1833 Ocean Avenue BK74 B
2781A Ocean Avenue BK72 A
2246 Ocean Avenue BK72 B
388 Avenue S BK72 A
2922 Nostrand Avenue BK69 B
8023 19 Avenue BK60 A
1916 Avenue K BK60 A
1560 Ocean Parkway BK59 B
330 Ocean Parkway BK54 B
1289 East 19 Street BK52 A
706 Riverside Drive MN51 B
488 Ocean Parkway BK49 A
6901 Narrows Avenue BK48 A
2954 Brighton 12 Street BK48 A
2964 Brighton 12 Street BK48 A
1877 East 12 Street BK48 A
527 Avenue X BK44 A
1472 43 Street BK39 B
1100 Ocean Avenue BK30 C
651 Coney Island Avenue BK21 A
800 Ocean Avenue BK16 B
806 Ocean Avenue BK13 B
810 Ocean Avenue BK13 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $271,134 on 2011-10-11 (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
2026-06-17RPTT&RET $525,000 — from CARDWELL, REBECCA; MORRIS, JOSEPH to NUNBERG, SARAH $525,000
2026-06-11Sold for $525,000 $525,000 $10,714
2025-09-03RPTT&RET $515,000 — from KRUEGER, SAM Q to ECKSTEIN, AMYT; TESTI, NURIT $515,000
2025-08-19Sold for $515,000 $515,000 $10,510
2025-07-03RPTT&RET $400,000 — from BROMBERG, JOSE to SOLO, BETINA $400,000
2025-06-24Sold for $400,000 $400,000 $8,163
2024-10-11RPTT&RET $405,000 — from KERNISAN, JUNIE to RIVERA-CRUZ, SHEILA D; FERNANDEZ FRANCESCHI, JOSE A $405,000
2024-09-26Sold for $405,000 $405,000 $8,265
2024-06-24RPTT&RET $399,000 — from VYSOTSKAYA, LYUDMILA to CORTESE, DANA $399,000
2024-06-04Sold for $399,000 $399,000 $8,143
2023-03-09RPTT&RET $415,000 — from HERZBERG, STEVEN to JACKSON, SHERESE $415,000
2023-02-23Sold for $415,000 $415,000 $8,469
2022-12-01RPTT&RET $217,000 — from VEITIENE, STASE to MCKENNEY, PAUL $217,000
2022-11-29Sold for $217,000 $217,000 $4,429
2022-08-17RPTT&RET $380,000 — from KU, ANDREW to NEILSON, SARAH $380,000

Ten-year activity

50250
2017
2018
2019
2020
45
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017004026
2018021913236
201900300232
20200562114
202102339145
202202206129
202325332345
202403276137
202501154323
202600282131
This record is free. Keeping it free costs money.
Servers, data pipelines, weekends. Pay what you want — a dollar helps.
Chip in

The full timeline

Construction 14Enforcement 45Housing & tenants 573Ownership & money 122Health & systems 26

Every one of the 780 recorded events, 1966–2026, 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