Building report

88 Schermerhorn Street · Brooklyn · BBL 3002710045 · generated 2026-10-20 · FREE Print / save PDF

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Where the penalty points come from

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

16 heat or hot-water complaints in the last three years (winter 2025–26: 16).

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

$11,600 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

43 service requests in the last three years. Most common: Noise (22) · HEAT/HOT WATER (8) · Emergency Response Team (ERT) (5) · Special Projects Inspection Team (SPIT) (2) · Water Conservation (1) · Street Condition (1).

Filed construction activity

$139,672 in permitted construction work filed since 2016 (17 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

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

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

What the city thinks it's worth

The city's market estimate has risen 1665% between tax years 2025 and 2027.

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

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

88 Schermerhorn Street Copy address

43 311 service requests from this address in the last three years — 8 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 WATERSTONE GROUP LLC — 66 buildings, 608 units. Grades across the portfolio: A15 · B11 · C18 · D11 · F11. See the whole portfolio

showing 60 of 66 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $4,000,000 on 2026-03-20 (lender: Ponce Bank, N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

Ten-year activity

Show as table

Year	Construction	Enforcement	Housing & tenants	Ownership & money	Health & systems	Total
2017	0	0	3	2	0	5
2018	0	0	2	0	1	3
2019	0	0	2	6	0	8
2020	11	16	12	0	5	44
2021	9	22	22	0	4	57
2022	8	11	5	7	0	31
2023	20	11	8	8	4	51
2024	49	11	16	0	10	86
2025	21	22	32	0	4	79
2026	7	1	5	7	0	20

The last 12 months — 38 records

The full timeline

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