A sustained record of distress well beyond its peers. More recorded distress than 96% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty
points per 10 units; this building carries 50.7. In ZIP 11217, 60% of residential buildings hold an A and
6% grade D or F.
How grades work
this building
A
C
Among 699,345 1-5-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
6 service requests in the last three years. Most common: UNSANITARY CONDITION (3) · Street Condition (2) · Water System (1).
Filed construction activity
$8,000 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
Yes
Built before 1974 (1905)
No
Six or more residential units (2)
No
421-a / J-51 tax benefit on the current tax roll
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. 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)
ATLANTIC GARDENS LLC
Head officer
MARLA SIEGEL
Managing agent
JAIR GUTIERREZ
Last registered
2025-09-17
as filed by the owner in the building's HPD registration
What the city thinks it's worth
Tax year
City market value
Assessed value
2025
$3,285,000
$197,100
2026
$3,399,000
$203,940
2027
$3,702,000
$222,120
The city's market estimate has risen
13% between tax years 2025 and 2027.
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.
6 311 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.
Sales, deeds & mortgages
Most recent mortgage recorded against this lot: $8,000,000 on
2013-06-18 (lender: People's United Bank), covering 9 lots — the amount covers all of them. Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2025-01-03
Agreement $15,000,000 — from THOR ATLANTIC GARDENS LLC; BERGGRUEN HOLDINGS LTD; ATLANTIC GARDENS LLC; SITT, JOSEPH J to WELLS FARGO BANK, NATIONAL ASSOCIATION,
$15,000,000
2025-01-03
Deed $25,000,000 — from THOR ATLANTIC GARDENS LLC to ATLANTIC GARDENS LLC
$25,000,000
2025-01-03
Agreement $15,000,000 — from SITT, JOSEPH J; THOR ATLANTIC GARDENS LLC; BERGGRUEN HOLDINGS LTD; ATLANTIC GARDENS LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION,
$15,000,000
2024-12-18
Sold for $25,000,000
$25,000,000
$12,500,000
2019-02-13
AL&R $15,000,000 — from THOR ATLANTIC GARDENS LLC to CITI REAL ESTATE FUNDING INC.
$15,000,000
2019-02-13
M&CON $15,000,000 — from THOR ATLANTIC GARDENS LLC to CITI REAL ESTATE FUNDING INC.
$15,000,000
2013-06-18
AL&R $8,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK
$8,000,000
2013-06-18
Mortgage $8,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK
$8,000,000
2013-05-14
Deed $23,000,000 — from NEW ATLANTIC GARDENS LLC to THOR ATLANTIC GARDENS LLC
$23,000,000
2013-05-14
AL&R $7,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK
$7,000,000
2013-05-14
Agreement $7,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK
$7,000,000
2011-06-02
AL&R $7,300,000 — from NEW ATLANTIC GARDENS LLC to NEW YORK COMMUNITY BANK
$7,300,000
2011-06-02
Agreement $7,300,000 — from NEW ATLANTIC GARDENS LLC to NEW YORK COMMUNITY BANK
$7,300,000
2011-06-02
Mortgage $3,205,468 — from NEW ATLANTIC GARDENS LLC to NEW YORK COMMUNITY BANK
$3,205,468
2011-06-02
Deed $10,000,000 — from 525-541 ATLANTIC, LLC to NEW ATLANTIC GARDENS LLC
$10,000,000
Ten-year activity
20100
2017
2018
2019
2020
2021
2022
2023
2024
18
2025
2026
ConstructionHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
0
0
0
2018
0
0
0
2
2
2019
0
1
9
1
11
2020
0
3
0
1
4
2021
0
1
0
1
2
2022
0
1
0
1
2
2023
0
0
0
1
1
2024
0
0
1
1
2
2025
1
13
3
1
18
2026
1
1
0
2
4
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
Restaurant inspection: SENZU JUICE & SMOOTHIES — grade A
2026-05-06
Boiler inspection
2026-03-03
Permit Sprinklers — Permit Issued
2026-02-12
311: Street Condition — Failed Street Repair
2025-12-04
Bedbug filing: 0 infested units
2025-11-05
Boiler inspection
The full timeline
2026
2026-10-07Restaurant inspection: SENZU JUICE & SMOOTHIES — grade A
2026-05-06Boiler inspection
2026-03-03Permit Sprinklers — Permit Issued
2026-02-12311: Street Condition — Failed Street Repair
2025
2025-12-04Bedbug filing: 0 infested units
2025-11-05Boiler inspection
2025-10-07311: Street Condition — Failed Street Repair
2025-10-04HPD class B: § 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVI
2025-10-04HPD class A: § 27-2010, 2011, 2012 ADMIN CODE: CLEANSE TO THE SATISFACTION OF THIS DEPARTMENT THE CERAMIC WALL TILES AT WEST IN THE BATHROOM LOCATED AT A
2025-10-04HPD class B: HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT A, 2nd STORY, 1st APARTMENT FROM N
2025-10-04HPD class C: 867 (C) § 27-2017, 27-2017.1, 27-2017.4, 27-2017.5, 27-2017.8, 27-2019, 27-2021 HMC: ABATE THE NUISANCE CONSISTING OF EVIDENCE OF RATS AND A
2025-04-15Job filed: Minor alteration to install sprinklers at building common area of corridors and stairway, no change of egress, exit, or occupancy$8,000
2025-01-28311: Water System — Hydrant Running (WC3)
2025-01-03Agreement $15,000,000 — from THOR ATLANTIC GARDENS LLC; BERGGRUEN HOLDINGS LTD; ATLANTIC GARDENS LLC; SITT, JOSEPH J to WELLS FARGO BANK, NATIONAL ASSOCIATION, $15,000,000
2025-01-03Deed $25,000,000 — from THOR ATLANTIC GARDENS LLC to ATLANTIC GARDENS LLC$25,000,000
2025-01-03Agreement $15,000,000 — from SITT, JOSEPH J; THOR ATLANTIC GARDENS LLC; BERGGRUEN HOLDINGS LTD; ATLANTIC GARDENS LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION, $15,000,000
2024
2024-12-18Sold for $25,000,000$25,000,000
2024-05-14Boiler inspection
2023
2023-11-07Boiler inspection
2022
2022-10-25Boiler inspection
2022-09-07311: Lead — Lead Kit Request (Residential) (L10)
2021
2021-12-21311: Face Covering Violation — Mandate Not Enforced
2014-04-18311: Damaged Tree — Tree Alive - in Poor Condition
2013
2013-09-05Agreement — from PEOPLE'S UNITED BANK to LAST MINUTE TRANSACTIONS, INC.; THOR ATLANTIC GARDENS LLC
2013-09-05Agreement — from PEOPLE'S UNITED BANK to THOR ATLANTIC GARDENS LLC; 4 SOME ALES LLC
2013-06-18AL&R $8,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK$8,000,000
2013-06-18Mortgage $8,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK$8,000,000
2013-05-14Deed $23,000,000 — from NEW ATLANTIC GARDENS LLC to THOR ATLANTIC GARDENS LLC$23,000,000
2013-05-14AL&R $7,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK$7,000,000
2013-05-14Agreement $7,000,000 — from THOR ATLANTIC GARDENS LLC to PEOPLE'S UNITED BANK$7,000,000
2013-05-14Mortgage assigned — from NEW YORK COMMUNITY BANK to PEOPLE'S UNITED BANK
2013-05-14TL&R — from NEW YORK COMMUNITY BANK
2013-02-13Rodent inspection: Passed
2011
2011-06-02TL&R — from CAPITAL ONE, N.A. (SUCCESSOR BY MERGER T; NORTH FORK BANK to 525-541 ATLANTIC, LLC
2011-06-02AL&R $7,300,000 — from NEW ATLANTIC GARDENS LLC to NEW YORK COMMUNITY BANK$7,300,000
2011-06-02Mortgage assigned — from NORTH FORK BANK; CAPITAL ONE, N.A. (SUCCESSOR BY MERGER T to NEW YORK COMMUNITY BANK
2011-06-02Agreement $7,300,000 — from NEW ATLANTIC GARDENS LLC to NEW YORK COMMUNITY BANK$7,300,000
2011-06-02Mortgage $3,205,468 — from NEW ATLANTIC GARDENS LLC to NEW YORK COMMUNITY BANK$3,205,468
2011-06-02Deed $10,000,000 — from 525-541 ATLANTIC, LLC to NEW ATLANTIC GARDENS LLC$10,000,000
2011-05-04311: Broken Muni Meter — No Receipt
2010
2010-08-04DOB complaint, category ?
2010-04-14311: Broken Muni Meter — No Receipt
2009
2009-11-20Tenant complaint: HEATING — HEAT RELATED
2009-10-02Permit PL — ISSUED
2009-10-02DOB complaint, category ?
2009-09-18Job filed: RENOVATION OF EXISTING COMMERCIAL SPACE. ARCHITECTURAL AND PLUMBING WORK AS PER PLANS. NO CHANGE IN USE, OCCUPANCY OR EGRESS.$26,000
2009-09-18Permit EW — ISSUED
2009-01-01DOB violation LL6291:
2008
2008-10-29Tenant complaint: HEATING — HEAT RELATED
2008-10-27Tenant complaint: HEATING — HEAT RELATED
2008-09-19DOB complaint, category ?
2008-03-10Permit EW — ISSUED
2008-03-10Permit EQ — ISSUED
2008-03-05Job filed: ERECT A TOTAL OF 25 LINEAR FEET BY 30 FEET HIGH TUBULAR STEEL SCAFFOLD STRUCTURE, PER DRAWINGS. INSTALLATION SHALL COMPLY WITH BSA-362-44-SM AND LL-3
2008-03-05Job filed: ERECT A TOTAL OF 25 LINEAR FEET BY 30 FEET HIGH TUBULAR STEEL SCAFFOLD STRUCTURE, PER DRAWINGS. INSTALLATION SHALL COMPLY WITH BSA-362-44-SM AND LL-3
2008-03-05Permit EQ — ISSUED
2007
2007-11-28Job filed: PROPOSAL STOREFRONT REPAIR TO RETAILSTORE AT FIRST FLOOR. SCRAPE & PAINT, & PROVIDE SIDEWALK SHED FORCONSTRUTION PURPOSES. NO CHANGE TO USE E$10,000
2007-09-19CERT — from COMMONWEALTH LAND TITLE INSURANCE COMPAN
2007-09-19ZONE — from 525-541 ATLANTIC LLC; 525-541 ATLANTIC LLC
2007-09-19ZONE — from 525-541 ATLANTIC LLC; 525-541 ATLANTIC LLC
2007-06-19EASE — from 525-541 ATLANTIC, LLC to 525-541 ATLANTIC, LLC
2007-01-17Job filed: PROPOSED STRUCTURAL WORK
2007-01-17Job filed: PROPOSED PLUMBING WORK
2007-01-17Job filed: OBTAIN NEW CO INDICATING ZONING LOTCOMPOSED OF 3 TAX LOTS 60 525 ATLANTI C AVE 302285925 59 527 ATLANTIC AVE 302285916 58 529 ATLANTIC AVE 302295781 O$25,000
2006
2006-04-14Agreement $4,400,000 — from 525-541 ATLANTIC, LLC to NORTH FORK BANK$4,400,000
2006-04-14TL&R — from NORTH FORK BANK to LIDO REALTY, LLC
2006-04-14Deed $8,300,000 — from LIDO REALTY LLC to 525-541 ATLANTIC LLC$8,300,000
2006-04-14Mortgage $1,415,494 — from 525-541 ATLANTIC, LLC to NORTH FORK BANK$1,415,494
2006-04-14AL&R $4,400,000 — from NORTH FORK BANK to 525-541 ATLANTIC, LLC$4,400,000
2006-03-03Tenant complaint: HEATING — HEAT RELATED
2006-02-22Tenant complaint: HEATING — HEAT RELATED
2005
2005-05-20Mortgage satisfied — from LIDO REALTY L.L.C. to ATLANTIC GARDENS ASSOCIATES, LLC.
2005-05-03Deed $5,400,000 — from ATLANTIC GARDENS ASSOCIATES LLC to LIDO REALTY LLC$5,400,000
2005-05-03Mortgage $2,370,071 — from LIDO REALTY LLC to NORTH FORK BANK$2,370,071
2005-05-03Agreement $3,300,000 — from LIDO REALTY LLC to NORTH FORK BANK$3,300,000
2005-05-03AL&R $3,300,000 — from NORTH FORK BANK to LIDO REALTY LLC$3,300,000
2005-05-03Mortgage assigned — from INDEPENDENCE COMMUNITY BANK to NORTH FORK BANK
2005-05-03Mortgage $300,000 — from LIDO REALTY LLC to ATLANTIC GARDENS ASSOCIATES LLC$300,000
2005-01-31DOB violation LL6291:
2004
2004-11-24Tenant complaint: NONCONST — VERMIN
2004-11-24Tenant complaint: NONCONST — RUBBISH
2003
2003-02-28DEEDO — from ATLANTIC GARDENS ASSOCIATES to ATLANTIC GARDENS ASSOCIATES, LLC
2002
2002-12-12Agreement — from ATLANTIC GARDENS ASSOCIATES, LLC to INDEPENDENCE COMMUNITY BANK
2002-12-12Mortgage $287,862 — from ATLANTIC GARDENS ASSOCIATES, LLC to NEW YORK COMMUNITY BANK$287,862
2002-12-12SAGE — from EMIGRANT FUNDING CORPORATION
2002-12-12Mortgage assigned — from EMIGRANT FUNDING CORPORATION to INDEPENDENCE COMMUNITY BANK
2001
2001-02-07ECB Non-Hazardous violation: 4A, 19B, 36, 49, NO FRESH AIR VENT, NO BACK FLOW PREVENTOR, PIPE SAFETY VALVE DOWN.$1,300
1996
1996-09-16Mortgage assigned — from CITY & SUBURBAN FEDERAL SAVINGS BANK to EMIGRANT FUNDING CORPORATION
1996-09-16Mortgage $950,000 — from ATLANTIC GARDENS ASSOCIATES to EMIGRANT FUNDING CORPORATION$950,000
1996-09-16Mortgage $127,202 — from ATLANTIC GARDENS ASSOCIATES to EMIGRANT FUNDING CORPORATION$127,202
1996-09-16SAGE — from CITY & SUBURBAN FEDERAL SAVINGS BANK
1996-09-16Mortgage assigned — from ATLANTIC GARDENS ASSOCIATES to EMIGRANT FUNDING CORPORATION
1991
1991-09-17Deed — from WALLABOUT DVLPMNT CORP to ATLANTIC GARDENS ASSOC
1991-09-17Mortgage assigned — from WILLIAMSBURGH SAVS/FKA; MANHATTAN SAVS BANK to CITY & SUBURBAN FEDSAVS
1991-09-17Mortgage $575,589 — from ATLANTIC GARDENS ASSOC to CITY&SUBURBAN FED SAVS$575,589
1991-09-17Mortgage assigned — from ATLANTIC GARDENS ASSOC to CITY & SUBURBAN FEDSAVS
1982
1982-04-05Deed — from WALLABOUT DVLPT CORP to ATLANTIC GARDEN ASSOC
1979
1979-08-31SAGE — from WILLIAMSBURGH SAVINGS BANK; WALLABOUT DEVELOPMENT CORP
1979-08-31Mortgage assigned — from CITIBANK NA to THE WILLIAMSBURGH SAVINGS BANK
1979-08-31Mortgage — from WALLABOUT DEVELOPMENT CORPORATION to THE WILLIAMSBURGH SAVINGS BANK
1979-08-31CERT — from WALLABOUT DEVELOPMENT CORP; CITY OF NEW YORK
1978
1978-03-10Deed — from THE CITY OF NEW YORK to WALLABOUT DEVELOP CORP
1978-03-10SAGE — from THE CITY OF NEW YORK; WALLABOUT DEVELOPMENT CORP
1978-03-10Mortgage — from WALLABOUT DEVELOPMENT CORPORATION to CITIBANK NA
1978-03-10Mortgage — from WALLABOUT DEVELOPMENT CORPORATION to THE CITY OF NEW YORK
1974
1974-01-11Deed — from LAUTIN VICKY; LAUTIN MURRAY E to CITY OF NY