The city's published records show little recorded distress here in the last three years. Less recorded distress than 75% 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 5. In ZIP 11220, 69% of residential buildings hold an A and
6% 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
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
8 heat or hot-water complaints in the last three years (winter 2023–24: 4 · winter 2024–25: 2 · winter 2025–26: 2). Repeated winter clusters suggest a chronic heating problem.
4
’23–24
2
’24–25
2
’25–26
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
39 service requests in the last three years. Most common: Noise (26) · HEAT/HOT WATER (4) · Water System (3) · Rodent (2) · Illegal Parking (2) · Dirty Condition (2).
Filed construction activity
$67,000 in permitted construction work filed since
2016 (2 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 (1914)
Yes
Six or more residential units (16)
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 with HPD — the names behind the building
Registered owner(s)
HP SUNSET PARK II HDFC INC.
Head officer
JENNIFER LAU
Managing agent
FAIRSTEAD MANAGEMENT LLC
Last registered
2025-07-16
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
$1,425,000
$641,250
2026
$1,593,000
$716,850
2027
$1,585,000
$713,250
The city's market estimate has risen
11% between tax years 2025 and 2027.
Tax exemptions on the roll: ARTICLE XI
Building systems
Heating fuel
NATURALGAS
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
Subway
53 St — R · 900 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 49 St / 5 Av — B11 · 250 ft
Citi Bike
48 St & 5 Ave · 400 ft · station location as of 2026-09-23; live availability
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.
39 311 service requests from this address in the last three years — 4 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.
Most recent mortgage recorded against this lot: $37,046,300 on
2019-11-04 (lender: Suntrust Bank), covering 10 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
2019-11-04
Mortgage $37,046,300 — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to SUNTRUST BANK
$37,046,300
2017-06-27
AL&R $6,450,000 — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to NEW YORK COMMUNITY BANK
$6,450,000
2017-06-27
ASPM $6,203,191 — from SUNSET PARK OWNER II LLC; NEIGHBORHOOD STABILIZATION ASSOCIATES II to HP SUNSET PARK II HOUSING DEVELOPMENT FU; NEW YORK COMMUNITY BANK
$6,203,191
2017-06-27
AL&R $18,000,000 — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to NEW YORK COMMUNITY BANK
$18,000,000
2017-06-27
ASPM $16,840,677 — from SUNSET PARK OWNER II LLC; NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK; HP SUNSET PARK II HOUSING DEVELOPMENT FU
$16,840,677
2017-06-27
Deed $36,279,474 — from SUNSET IV EQUITIES LLC; CLL2 LLC; NEIGHBORHOOD STABILIZATION ASSOCIATES II to SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEV FUND COMPA
$36,279,474
2015-04-24
AL&R $6,450,000 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK
$6,450,000
2015-04-24
Mortgage $6,450,000 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK
$6,450,000
2014-03-10
Agreement $18,000,000 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK
$18,000,000
2014-03-10
Mortgage $7,505,277 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK
$7,505,277
2014-03-10
AL&R $18,000,000 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK
$18,000,000
2011-11-15
Mortgage $3,349,535 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to ROCKHALL FUNDING CORP.
$3,349,535
2011-11-15
Agreement $10,877,000 — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to ROCKHALL FUNDING CORP.
$10,877,000
1983-01-07
Mortgage $6,920,800 — from NEIGHBORHOOD STAB ASO II to INTEGRATED FUNDING INC
$6,920,800
Ten-year activity
50250
2017
2018
2019
31
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
9
9
0
18
2018
0
0
14
0
1
15
2019
0
0
5
3
1
9
2020
5
3
19
3
1
31
2021
0
2
5
2
1
10
2022
0
0
2
0
1
3
2023
0
1
22
0
1
24
2024
0
1
18
0
4
23
2025
0
1
16
0
1
18
2026
0
1
5
0
1
7
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2023-04-05311: Abandoned Vehicle — With License Plate
2023-03-20HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2021-09-16311: Water System — Hydrant Leaking (WC1)
2021-08-23Mortgage assigned — from TRUIST BANK to GRANDBRIDGE REAL ESTATE CAPITAL LLC
2021-04-08DOB complaint, category ?
2021-03-05Mortgage assigned — from TRUIST BANK to GRANDBRIDGE REAL ESTATE CAPITAL LLC
2021-03-03DOB complaint, category ?
2020
2020-12-16Bedbug filing: 0 infested units
2020-11-25Permit EW — ISSUED
2020-11-23DOB complaint, category ?
2020-09-22Permit EW — ISSUED
2020-09-14Permit Sidewalk Shed — Signed-off
2020-09-11Job filed: INSTALLATION OF TEMPORARY HEAVY DUTY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF$1,000
2020-08-27Boiler inspection
2020-08-25City emergency repair (OMO): install hinges to make door self-closing at the apartment in the entrance located at apt 1a, 1st story, 2nd apartment fr$300
2020-08-23311: Illegal Fireworks — N/A
2020-08-11Job filed: PROPOSED FACADE REPAIRS AS INDICATED ON PLANS AND APPLICATIONS. THERE IS NO CHANGE IN USE EGRESS OR OCCUPANCY.$66,000
2020-07-14Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2020-07-14Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2020-07-14311: HEAT/HOT WATER — ENTIRE BUILDING
2020-07-14311: HEAT/HOT WATER — ENTIRE BUILDING
2020-07-14HPD class B: § 27-2005, 2007 ADM CODE FIRE EGRESS DEFECTIVE. REMOVE OBSTRUCTING BARS OR UNLAWFUL GATES FROM AT LEAST 1 WINDOW OR PROVIDE APPROVED TYPE GA
2020-07-14HPD class C: § 27-2005, 2007 ADM CODE ARRANGE AND MAKE SELF-CLOSING THE DOORS ENTRANCE TO BUILDING 1ST FROM NORTH AT EAST AT PUBLIC HALL, 1st STORY
2020-07-14HPD class C: § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 1A, 1st STORY, 2nd APARTMENT FROM NORT
2020-07-14HPD class C: § 27-2005, 2007 ADM CODE ARRANGE AND MAKE SELF-CLOSING THE DOORS AT THE APARTMENT IN THE ENTRANCE LOCATED AT APT 1A, 1st STORY, 2nd APARTMEN
2020-07-14HPD class C: § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2D, 2nd STORY, 1st APARTMENT FROM NORT
2020-07-14HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2020-07-13Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2020-05-25311: COVID-19 Non-essential Construction — Construction
2020-05-25ECB CLASS - 2 violation: FAILURE TO COMPLY WITH GOVERNORS EXECUTIVE ORDER #202.6,202.8,202.11,202.13-AND EMPIRE STATE DEVELOPMENT CORRECTION GUIDANCE COVID
2020-05-25DOB complaint, category ?
2020-04-27TL&R — from NEW YORK COMMUNITY BANK to NEIGHBORHOOD STABILIZATION ASSOCIATES II
2020-04-27TL&R — from NEW YORK COMMUNITY BANK to HP SUNSET PARK II HDFC INC.; SUNSET PARK OWNER II LLC
2020-04-27Mortgage satisfied — from HP SUNSET PARK II HDFC INC.; SUNSET PARK OWNER II LLC to NEW YORK COMMUNITY BANK
2019
2019-12-17Bedbug filing: 0 infested units
2019-11-04Agreement — from DPARTMENT OF HOUSING PRESERVATION AND DE; CITY OF NEW YORK to SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU
2019-11-04Agreement — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to UNITED STATES DEPT OF HOUSING AND URBAN
2019-11-04Mortgage $37,046,300 — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to SUNTRUST BANK$37,046,300
2019-09-06311: Water System — Hydrant Running Full (WA4)
2019-03-15Boiler inspection
2019-01-29Bedbug filing: 0 infested units
2018
2018-12-23Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2018-12-23311: HEAT/HOT WATER — APARTMENT ONLY
2018-12-19HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2018-12-19HPD class B: § 27-2005, 2007 ADM CODE REMOVE THE ILLEGAL FASTENING CHAIN AND PADLOCK INSTALLED AT GATE AT FIRE PASSAGE WAY
2018-12-18Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-12-18311: HEAT/HOT WATER — ENTIRE BUILDING
2018-11-20Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-11-20311: HEAT/HOT WATER — ENTIRE BUILDING
2018-08-16311: Water System — Hydrant Running Full (WA4)
2018-08-06Boiler inspection
2018-07-24311: Water System — Dirty Water (WE)
2018-01-07Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-01-07Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2017-08-21311: Water System — Hydrant Running Full (WA4)
2017-07-20311: Water System — Fire Hydrant Emergency (FHE)
2017-07-18311: Water System — Hydrant Running (WC3)
2017-06-28311: Water System — Hydrant Running Full (WA4)
2017-06-27AL&R $6,450,000 — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to NEW YORK COMMUNITY BANK$6,450,000
2017-06-27ASPM $6,203,191 — from SUNSET PARK OWNER II LLC; NEIGHBORHOOD STABILIZATION ASSOCIATES II to HP SUNSET PARK II HOUSING DEVELOPMENT FU; NEW YORK COMMUNITY BANK$6,203,191
2017-06-27AL&R $18,000,000 — from SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU to NEW YORK COMMUNITY BANK$18,000,000
2017-06-27ASPM $16,840,677 — from SUNSET PARK OWNER II LLC; NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEW YORK COMMUNITY BANK; HP SUNSET PARK II HOUSING DEVELOPMENT FU$16,840,677
2017-06-27Agreement — from DEPART OF HOUSING AND PRESERVATION AND D; CITY OF NEW YORK to SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEVELOPMENT FU
2017-06-27Deed — from NEIGHBORHOOD STABILIZATION ASSOCIATES II to NEIGHBORHOOD STABILIZATION ASSOCIATES II; CLL2 LLC; SUNSET IV EQUITIES LLC
2017-06-27Agreement — from HP SUNSET PARK II HOUSING DEVELOPMENT FU to SUNSET PARK OWNER II LLC
2017-06-27Deed $36,279,474 — from SUNSET IV EQUITIES LLC; CLL2 LLC; NEIGHBORHOOD STABILIZATION ASSOCIATES II to SUNSET PARK OWNER II LLC; HP SUNSET PARK II HOUSING DEV FUND COMPA$36,279,474
2017-06-13Deed transfer (nominal price)
2017-05-26HPD class C: § 27-2043.1 HMC INSTALL THE MISSING OR REPAIR/REPLACE THE DEFECTIVE WINDOW GUARD(S) IN ACCORDANCE WITH THE SPECIFICATIONS OF THE NEW YORK CI