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54 Bay 29 Street

215Records
15City systems
0Open violations
0Penalty rate
Brooklyn · ZIP 11214 · Neighborhood: Bensonhurst
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215 recorded events, 1966–2026, from 15 city data systems. The city's paper trail here is mostly 56 311 service requests, 53 HPD complaints, 46 ACRIS deeds & mortgages.

BoroughBrooklyn 11214
Built1926
Floors4
Res. units32
ClassC6
Owner (PLUTO)BAY 29TH APTS INC
BBL3063790065
BIN3167046

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 100% 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 0. In ZIP 11214, 75% of residential buildings hold an A and 3% 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

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.

Patterns

No heat or hot-water complaints in the last three years.

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

What 311 hears from this address

2 service requests in the last three years. Most common: Illegal Parking (1) · Derelict Vehicles (1).

Filed construction activity

No permitted work with a declared cost filed in the last decade. 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 (32)
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)BAY 29 APTS. INC
Head officerJAMES HATGIPETROS
Managing agentPETROS REALTY SERVICES
Last registered2025-09-19

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,773,000 $1,247,850
2026$2,884,000 $1,297,800
2027$2,763,000 $1,243,350

The city's market estimate has risen 0% 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 2021 estimate: gross income $560,660 a year ($16.49 per sq ft), operating expenses $236,300 ($6.95 per sq ft), net operating income $324,360. 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 76/100 (2022 disclosure cycle)
Heating fuelNO2FUEL

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 4 of 6 — zone 1 evacuates first.

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

SubwayBay Pkwy — D · 550 ft straight-line (about a 3-minute walk) · station accessibility: full
BusNearest boarding stop: Bay Pkwy / Benson Av — B6 B82 · 400 ft
School zones (2024–25 map)Elementary: P.S. 200 Benson School
Middle: I.S. 281 Joseph B Cavallaro. 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

54 Bay 29 Street

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

2 311 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.

The landlord's report card

Managed by PETROS REALTY SERVICES — 15 buildings, 237 units. Grades across the portfolio: A11 · B3 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
2746 East 19 Street BK48 A
325 Marine Avenue BK48 A
54 Bay 29 Street BK32 A
462 76 Street BK24 A
8722 Bay Parkway BK24 B
184 Prospect Park West BK17 A
1472 Bay Ridge Avenue BK16 A
1102 East 31 Street BK12 A
528 5 Avenue BK4 D
491 5 Avenue BK2 A
518 5 Avenue BK2 B
5410 5 Avenue BK2 A
5411 5 Avenue BK2 B
7406 5 Avenue BK2 A
8634 18 Avenue BK2 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $224,101 on 2014-04-29 (lender: The Dime Savings Bank Of Williamsburgh). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-02-25RPTT&RET $345,000 — from MARKOS REALTY OWNERS LLC to SZE, TSZ WAH; SZE, HOI FAI $345,000
2026-02-13Sold for $345,000 $345,000 $10,781
2024-11-22RPTT&RET $288,000 — from MARKOS REALTY OWNERS, LLC to WONG, LAWRENCE; WONG, GLORIA CIN-GIT; WONG, SILVIA CINMON $288,000
2024-10-17Sold for $288,000 $288,000 $9,000
2024-06-21RPTT&RET $279,000 — from MARKOS REALTY OWNERS LLC to MAI, HELEN $279,000
2024-06-07RPTT&RET $330,000 — from MARKOS REALTY OWNERS LLC to TRUONG, SINH $330,000
2024-05-17Sold for $279,000 $279,000 $8,719
2024-05-14Sold for $330,000 $330,000 $10,313
2023-12-21RPTT&RET $200,000 — from LIANG, KARA to WU, QIAN; LAI, QIU FEN $200,000
2023-11-28Sold for $200,000 $200,000 $6,250
2021-08-26AL&R $650,000 — from BAY 29TH APTS., INC to FLUSHING BANK $650,000
2021-08-26Agreement $650,000 — from BAY 29TH APTS., INC to FLUSHING BANK $650,000
2021-08-26Mortgage $125,690 — from BAY 29TH APTS., INC to FLUSHING BANK $125,690
2014-04-29AL&R $600,000 — from BAY 29TH APTS., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH $600,000
2014-04-29Agreement $600,000 — from BAY 29TH APTS., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH $600,000

Ten-year activity

50250
2017
2018
50
2019
2020
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201703003
201802013
20190490150
202008019
2021275115
202206017
2023234110
2024026210
202502013
202600213
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The full timeline

Construction 5Enforcement 8Housing & tenants 140Ownership & money 52Health & systems 10

Every one of the 215 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11214 · Landlord rankings · How grades work · The map · The Mice Map