2,223 recorded events, 1973–2026, from 18 city data systems. The city's paper trail here is mostly 758 311 service requests, 697 HPD complaints, 608 HPD housing violations.
Full record, year by year Support this site
A meaningful record of code violations or complaints relative to its peers. More recorded distress than 93% 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 246.7. In ZIP 11218, 71% of residential buildings hold an A and 6% 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 | 78 total — 13 class C (immediately hazardous), 58 class B, 7 class A. Oldest open since 2009-09-21. |
status snapshot refreshed weekly from HPD records
41 heat or hot-water complaints in the last three years (winter 2023–24: 2 · winter 2024–25: 14 · winter 2025–26: 25). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
$5,000 in enforcement penalties imposed (ECB/OATH) in the last three years.
116 service requests in the last three years. Most common: HEAT/HOT WATER (19) · UNSANITARY CONDITION (19) · Illegal Parking (16) · PAINT/PLASTER (11) · PLUMBING (9) · Noise (8).
$203,000 in permitted construction work filed since 2016 (5 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.
| Yes | Built before 1974 (1930) |
| Yes | Six or more residential units (21) |
| No | 421-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 owner(s) | OCEAN 5 LLC |
| Head officer | STEVEN MULLER |
| Managing agent | MULLSTONE REALTY |
| Last registered | 2025-07-29 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,415,000 | $636,750 |
| 2026 | $1,454,000 | $654,300 |
| 2027 | $1,568,000 | $705,600 |
The city's market estimate has risen 11% between tax years 2025 and 2027.
| Heating fuel | NATURALGAS |
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 | Ditmas Av — F · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 18 Av / Ocean Pkwy — B8 · 650 ft |
| Citi Bike | Ditmas Ave & McDonald Ave · 0.3 mi · 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.
723 East 5 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 |
116 311 service requests from this address in the last three years — 19 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 MULLSTONE REALTY — 15 buildings, 1,403 units. Grades across the portfolio: A5 · B8 · C2. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 138-35 Elder Avenue | QN | 227 | B |
| 132-35 Sanford Avenue | QN | 200 | B |
| 138-15 Franklin Avenue | QN | 194 | B |
| 134-30 Franklin Avenue | QN | 186 | B |
| 142-20 Franklin Avenue | QN | 144 | B |
| 137-05 Franklin Avenue | QN | 109 | B |
| 40-66 Ithaca Street | QN | 66 | A |
| 41-60 Bowne Street | QN | 64 | A |
| 8502 Ft Hamilton Parkway | BK | 60 | A |
| 78-06 46 Avenue | QN | 56 | A |
| 723 East 5 Street | BK | 21 | C |
| 214 Gelston Avenue | BK | 20 | C |
| 208 Gelston Avenue | BK | 20 | B |
| 200 Gelston Avenue | BK | 20 | B |
| 31-38 137 Street | QN | 16 | A |
Most recent mortgage recorded against this lot: $1,663,642 on 2022-04-21 (lender: New York Community 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 |
|---|---|---|---|
| 2022-04-21 | AL&R $5,500,000 — from OCEAN 5 LLC to NEW YORK COMMUNITY BANK | $5,500,000 | |
| 2022-04-21 | Mortgage $1,663,642 — from OCEAN 5 LLC to NEW YORK COMMUNITY BANK | $1,663,642 | |
| 2022-04-21 | Agreement $5,500,000 — from OCEAN 5 LLC to NEW YORK COMMUNITY BANK | $5,500,000 | |
| 2020-11-20 | Agreement $3,836,358 — from OCEAN 5 LLC to DIME COMMUNITY BANK | $3,836,358 | |
| 2017-10-25 | Agreement $4,000,000 — from OCEAN 5 LLC to DIME COMMUNITY BANK | $4,000,000 | |
| 2017-10-25 | Mortgage $700,000 — from OCEAN 5 LLC to DIME COMMUNITY BANK | $700,000 | |
| 2017-10-25 | AL&R $4,000,000 — from OCEAN 5 LLC to DIME COMMUNITY BANK | $4,000,000 | |
| 2016-09-02 | Agreement $3,300,000 — from OCEAN 5 LLC to MIDWOOD GROUP REALTY LLC | $3,300,000 | |
| 2016-09-02 | Mortgage $1,642,477 — from OCEAN 5 LLC to MIDWOOD GROUP REALTY LLC | $1,642,477 | |
| 2016-09-02 | Deed $5,050,000 — from 723 E. 5TH REALTY LLC to OCEAN 5 LLC | $5,050,000 | |
| 2016-08-23 | Sold for $5,050,000 | $5,050,000 | $240,476 |
| 2012-09-14 | Agreement $1,800,000 — from 723 E. 5TH REALTY LLC to NEW YORK COMMUNITY BANK | $1,800,000 | |
| 2012-09-14 | Mortgage $478,543 — from 723 E. 5TH REALTY LLC to NEW YORK COMMUNITY BANK | $478,543 | |
| 2007-12-10 | AL&R $1,415,000 — from 723 E. 5TH REALTY LLC to NEW YORK COMMUNITY BANK | $1,415,000 | |
| 2007-12-10 | Agreement $1,415,000 — from NEW YORK COMMUNITY BANK to 723 E. 5TH REALTY LLC | $1,415,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 4 | 374 | 4 | 2 | 384 |
| 2018 | 5 | 2 | 91 | 0 | 1 | 99 |
| 2019 | 1 | 0 | 94 | 0 | 1 | 96 |
| 2020 | 0 | 1 | 55 | 1 | 1 | 58 |
| 2021 | 0 | 0 | 125 | 0 | 1 | 126 |
| 2022 | 0 | 1 | 196 | 5 | 2 | 204 |
| 2023 | 0 | 1 | 24 | 0 | 1 | 26 |
| 2024 | 0 | 1 | 71 | 0 | 2 | 74 |
| 2025 | 0 | 0 | 64 | 0 | 2 | 66 |
| 2026 | 0 | 8 | 183 | 0 | 2 | 193 |
Every one of the 2,223 recorded events, 1973–2026, 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