The city's published records show little recorded distress here in the last three years. More recorded distress than 59% 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 24.5. 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
Open HPD violations
1 total — 1 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 2026-04-13.
status snapshot refreshed weekly from HPD records
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
17 service requests in the last three years. Most common: PAINT/PLASTER (3) · FLOORING/STAIRS (3) · Lead (2) · WATER LEAK (2) · UNSANITARY CONDITION (2) · Illegal Parking (1).
Filed construction activity
$110,000 in permitted construction work filed since
2016 (3 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 (1910)
Yes
Six or more residential units (8)
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)
Wealthrise Properties LLC
Head officer
Szewing Lee
Managing agent
BROOKLYN PROPERTY MANAGERS
Last registered
2026-06-26
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
$1,339,000
$602,550
2026
$1,498,000
$674,100
2027
$1,747,000
$786,150
The city's market estimate has risen
30% between tax years 2025 and 2027.
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 · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 49 St / 6 Av — B11 · 300 ft
Citi Bike
48 St & 5 Ave · 500 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.
17 311 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.
Most recent mortgage recorded against this lot: $49,241 on
1984-10-04 (lender: Canning, Dennis). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2026-06-08
Mortgage $800,000 — from WEALTHRISE PROPERTIES LLC to FLUSHING BANK
$800,000
2026-06-08
AL&R $800,000 — from WEALTHRISE PROPERTIES LLC to FLUSHING BANK
$800,000
2026-06-08
Deed $1,480,000 — from BEHETTE, ANTHONY to WEALTHRISE PROPERTIES LLC
$1,480,000
2026-05-05
Sold for $1,480,000
$1,480,000
$185,000
1984-10-04
Mortgage $49,242 — from KAPLAN, MARIA R; KAPLAN, ALAN J to CANNING, DENNIS
$49,242
Ten-year activity
50250
2017
2018
2019
2020
37
2021
2022
2023
2024
2025
2026
ConstructionHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
19
0
0
19
2018
0
11
0
1
12
2019
0
5
0
1
6
2020
2
5
0
1
8
2021
3
33
0
1
37
2022
0
8
0
1
9
2023
0
3
0
1
4
2024
0
1
0
2
3
2025
0
9
0
3
12
2026
0
27
4
2
33
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Mortgage $800,000 — from WEALTHRISE PROPERTIES LLC to FLUSHING BANK
2026-06-08
AL&R $800,000 — from WEALTHRISE PROPERTIES LLC to FLUSHING BANK
2026-06-08
Deed $1,480,000 — from BEHETTE, ANTHONY to WEALTHRISE PROPERTIES LLC
2026-05-05
Sold for $1,480,000
2026-04-13
HPD class C: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE BATHROOM LOCATED AT APT
2026-04-13
HPD 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
2026-04-13
HPD class B: § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN AC
2026-06-08Mortgage $800,000 — from WEALTHRISE PROPERTIES LLC to FLUSHING BANK$800,000
2026-06-08AL&R $800,000 — from WEALTHRISE PROPERTIES LLC to FLUSHING BANK$800,000
2026-06-08Deed $1,480,000 — from BEHETTE, ANTHONY to WEALTHRISE PROPERTIES LLC$1,480,000
2026-05-05Sold for $1,480,000$1,480,000
2026-04-13HPD class C: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE BATHROOM LOCATED AT APT
2026-04-13HPD 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
2026-04-13HPD class B: § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN AC
2026-04-12Tenant complaint: WATER LEAK — SLOW LEAK
2025-07-01311: Lead — Lead Kit Request (Residential) (L10)
2025-06-17311: Illegal Parking — Blocked Hydrant
2025-06-06HPD 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
2025-05-17Tenant complaint: WATER LEAK — SLOW LEAK
2021-03-04Job filed: REMOVE AND REPLACE ALL BATH ROOM AND KITCHEN PLUMBING FIXTURES ON THE 2- 1ST FLOOR APARTMENTS, ALL ONTO EXISTING ROUGHING LINES$30,000
2021-02-15311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-02-15311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-02-11Permit EW — ISSUED
2020
2020-12-28Job filed: NENOEVATE REAR PORTION OF THE 2 APARTMENTS ON THE 1ST FLOOR,REMOVE FLOOR JOISTS AND REPLACE FLOOR JOISTS WITH NEW IN THE KITCHENS AND BATH ROOMS AREA $40,000
2020-12-18Job filed: RENOVATE REAR PORTION OF THE 2 APARTMENTS, REMOVE FLOOR JOISTS AND REPLACE FLOORS JOISTS WITH NEW IN THE KITCHEN AND BATH ROOM AREA, BOTH APARTMENTS. $40,000
2014-08-23HPD class B: SECTION 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FRO
2013
2013-05-27311: Water System — Hydrant Running (WC3)