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32-04 38 Avenue

338Records
16City systems
2Open violations
8.2Penalty rate

338 recorded events, 1968–2026, from 16 city data systems. The city's paper trail here is mostly 180 311 service requests, 30 FDNY inspections, 24 ACRIS deeds & mortgages.

BoroughQueens 11101
Built2015
Floors6
Res. units20
ClassD6
Owner (PLUTO)JAE FOUR REAL ESTATE INVESTMENT LLC
BBL4003810009
BIN4004583, 4619472

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 65% 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 8.2. In ZIP 11101, 70% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations2 total — 0 class C (immediately hazardous), 2 class B, 0 class A. Oldest open since 2026-02-13.
Active vacate order3 unit(s) under an unrescinded HPD vacate order

status snapshot refreshed weekly from HPD records

Patterns

2 heat or hot-water complaints in the last three years (winter 2025–26: 2).

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

$1,250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

109 service requests in the last three years. Most common: Illegal Parking (55) · Noise (23) · Blocked Driveway (15) · Dirty Condition (10) · Sidewalk Condition (2) · Illegal Dumping (1).

Filed construction activity

$132,000 in permitted construction work filed since 2016 (7 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

NoBuilt before 1974 (2015)
YesSix or more residential units (20)
Yes421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. 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)JAE FOUR REAL ESTATE INVESTMENT LLC
Head officerSHAN QIAO
Managing agentVENTURE NY PROPERTY MANAGEMENT LLC
Last registered2025-07-02

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,805,000 $1,712,250
2026$3,950,000 $1,777,500
2027$4,347,000 $1,956,150

The city's market estimate has risen 14% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 15 YR CAP

Flood exposure

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

Hurricane evacuation zone 5 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

Subway39 Av-Dutch Kills — N W · 450 ft straight-line (about a 2-minute walk) · station accessibility: none
36 St — M R · 500 ft straight-line (about a 2-minute walk) · station accessibility: none
BusNearest boarding stop: Northern Blvd / 39 Av — Q101 · 450 ft
Citi Bike34 St & 38 Ave · 500 ft · station location as of 2026-09-23; live availability
Bike facilityPainted bike lane mapped within 75 ft
School zones (2024–25 map)Elementary: P.S. 166 Henry Gradstein
Middle: I.S. 204 Oliver W. Holmes. 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

32-04 38 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

109 311 service requests from this address in the last three years — 1 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 VENTURE NY PROPERTY MANAGEMENT LLC — 123 buildings, 5,133 units. Grades across the portfolio: A101 · B19 · C2 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
130 St Edwards Street BK292 A
4430 Purves Street QN272 A
105-07 66 Road QN200 A
83-37 St James Avenue QN122 A
63-84 Saunders Street QN121 A
37-27 86 Street QN120 A
860 Grand Concourse BX111 A
87-70 173 Street QN89 B
148-09 Northern Boulevard QN87 B
98-50 67 Avenue QN86 A
2081 Cruger Avenue BX85 A
23-22 30 Road QN85 A
34-43 60 Street QN82 A
35-21 79 Street QN82 A
3065 Sedgwick Avenue BX73 A
2186 Cruger Avenue BX73 B
2835 Webb Avenue BX73 A
115-25 Metropolitan Avenue QN72 A
65 West 95 Street MN71 A
385 East 18 Street BK71 A
86-04 Grand Avenue QN69 A
87-02 57 Avenue QN66 A
65-41 Booth Street QN66 B
44-10 Ketcham Street QN65 A
853 Macy Place BX63 A
141-33 78 Avenue QN60 A
70 Lenox Road BK60 A
31-14 Crescent Street QN59 A
47-20 42 Street QN59 A
83-84 116 Street QN58 A
3000 Valentine Avenue BX57 B
92 St Nicholas Avenue MN56 A
86-10 109 Street QN54 A
2460 Adam C Powell Blvd MN52 B
133 Water Street BK52 A
3015097501 BK52 A
50-21 39 Place QN51 B
50-22 40 Street QN51 A
1200 Woodycrest Avenue BX49 B
1673 Ocean Avenue BK49 A
87-01 Midland Parkway QN48 A
35-05 72 Street QN48 A
47-55 39 Place QN47 A
21-21 31st Street QN46 A
77-30 Main Street QN45 A
26-26 Jackson Avenue QN43 A
91-16 Shore Front Parkway QN43 A
302 Convent Avenue MN42 A
1925 Ocean Avenue BK41 A
2796 Sedgwick Avenue BX40 A
8705 Bedell Lane BK39 B
345 West 70 Street MN36 A
678 St Nicholas Avenue MN35 A
676 St Nicholas Avenue MN35 B
87-14 Homelawn Street QN34 A
90 North 5 Street BK34 A
88-20 Parsons Boulevard QN33 A
17 Chittenden Avenue MN33 A
1311 Pacific Street BK32 A
228 Bushwick Avenue BK30 B

showing 60 of 123 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $7,250,000 on 2022-07-25 (lender: Popular Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-07-25Mortgage $7,250,000 — from JAE FOUR REAL ESTATE INVESTMENT LLC to POPULAR BANK $7,250,000
2022-07-25Deed $11,244,000 — from AYG ENTERPRISES LLC to JAE FOUR REAL ESTATE INVESTMENT LLC $11,244,000
2022-07-25AL&R $7,250,000 — from JAE FOUR REAL ESTATE INVESTMENT LLC to POPULAR BANK $7,250,000
2022-07-12Sold for $11,244,000 $11,244,000 $562,200
2013-02-21Deed $1,825,000 — from DAVIOTIS, DEMETRIOS to AYG ENTERPRISES LLC $1,825,000
2008-11-19AL&R $600,000 — from DAVIOTIS, DEMETRIOS to MASPETH FEDERAL SAVINGS AND LOAN ASSOCIA $600,000
2008-11-19Mortgage $600,000 — from DAVIOTIS, DEMETRIOS to MASPETH FEDERAL SAVINGS AND LOAN ASSOCIA $600,000
2008-11-19Deed $1,600,000 — from COFANE, LOUIS to DAVIOTIS, DEMETRIOS $1,600,000
2006-08-21Mortgage $230,000 — from COFANE, LOUIS to AMERICAN BROKERS CONDUIT $230,000
2006-08-21Mortgage $45,000 — from COFANE, LOUIS to AMERICAN BROKERS CONDUIT $45,000
2006-08-21Agreement $630,000 — from COFANE, LOUIS to AMERICAN BROKERS CONDUIT $630,000
2006-01-26CORRM $400,000 — from COFANE, LOUIS to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS $400,000
2005-05-06Deed $500,000 — from AULETTA TRUSTEE, JOHN; JOHN R AULETTA SELF DECLORATION LIVING T to COFANE, LOUIS $500,000
2005-05-06Mortgage $400,000 — from COFANE, LOUIS to MERS $400,000

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
2024
2025
47
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017109170036
2018202004
201913110116
2020007007
2021009009
20220274013
202303150018
202401240025
202501420043
202600470047
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The full timeline

Construction 44Enforcement 58Housing & tenants 206Ownership & money 25Health & systems 5

Every one of the 338 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11101 · Landlord rankings · How grades work · The map · The Mice Map