The city's published records show little recorded distress here in the last three years. Less recorded distress than 85% 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 1.6. In ZIP 11232, 65% of residential buildings hold an A and
8% 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
2 heat or hot-water complaints in the last three years (winter 2024–25: 2).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
34 service requests in the last three years. Most common: Noise (9) · Street Condition (6) · Water System (4) · Consumer Complaint (2) · Sewer Maintenance (2) · Sewer (1).
Filed construction activity
$27,000 in permitted construction work filed since
2016 (5 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 (1924)
Yes
Six or more residential units (12)
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)
505 REALTY LLC
Head officer
STAMATIA S MAMOUNAS
Managing agent
MANAS PROPERTY GROUP CORP
Last registered
2025-09-16
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
$2,212,000
$995,400
2026
$2,322,000
$1,044,900
2027
$2,152,000
$968,400
The city's market estimate has fallen
3% 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.
34 311 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.
Most recent mortgage recorded against this lot: $23,179 on
2025-08-04 (lender: JPMorgan Chase Bank, N.A.). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2025-08-04
Mortgage $23,180 — from 505 REALTY LLC to JPMORGAN CHASE BANK, N.A.
$23,180
2025-08-04
Agreement $1,640,000 — from JPMORGAN CHASE BANK, N.A. to 505 REALTY LLC
$1,640,000
2020-08-11
AL&R $1,800,000 — from 505 REALTY LLC to FLUSHING BANK
$1,800,000
2020-08-11
Agreement $1,800,000 — from 505 REALTY LLC to FLUSHING BANK
$1,800,000
2020-08-11
Mortgage $735,634 — from 505 REALTY LLC to FLUSHING BANK
$735,634
2013-08-08
Agreement $1,250,000 — from 505 REALTY LLC to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA
$1,250,000
2013-07-19
Mortgage $559,497 — from 505 REALTY LLC to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA
$559,497
2005-02-17
Mortgage $800,000 — from 505 REALTY LLC to INDEPENDENCE COMMUNITY BANK
$800,000
2005-02-17
AL&R $800,000 — from INDEPENDENCE COMMUNITY BANK to 505 REALTY LLC
$800,000
1983-02-08
Mortgage $26,635 — from 889 5TH AVE REALTY CORP to SANSUE REALTY CORP
$26,635
Ten-year activity
50250
2017
2018
2019
2020
23
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
8
6
1
0
1
16
2018
3
0
10
0
2
15
2019
0
0
5
0
3
8
2020
0
1
4
4
2
11
2021
0
0
21
0
2
23
2022
0
0
4
0
2
6
2023
0
2
9
0
4
15
2024
0
1
7
0
4
12
2025
0
0
13
4
5
22
2026
0
0
17
0
2
19
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2021-06-08HPD class B: § 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR MISSING LOCATED AT APT 10, 4th STORY, 2nd APARTMENT FROM EAST AT SOUTH
2021-06-08HPD class C: § 27-2005, 2007 ADM CODE ARRANGE AND MAKE SELF-CLOSING THE DOORS .... IN THE ENTRANCE LOCATED AT APT 10, 4th STORY, 2nd APARTMENT FROM EAST
2021-06-08HPD class A: § 27-2005 ADM CODE REFIT VESTIBULE DOOR AT PUBLIC HALL, 1st STORY
2021-06-08HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING LOCATED AT APT 10, 4th STORY, 2nd APARTMENT FROM EAST AT
2021-06-03311: Abandoned Vehicle — With License Plate
2021-05-19311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-05-11311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-04-16Boiler inspection
2021-04-16Boiler inspection
2021-02-09311: Snow — E9 Snow / Icy Sidewalk
2021-01-23Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-23Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-23311: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-23311: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-12Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-12311: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-08Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2021-01-08311: HEAT/HOT WATER — ENTIRE BUILDING
2020
2020-12-07Bedbug filing: 1 infested units
2020-09-28Boiler inspection
2020-09-28Boiler inspection
2020-08-11AL&R $1,800,000 — from 505 REALTY LLC to FLUSHING BANK$1,800,000
2020-08-11Agreement $1,800,000 — from 505 REALTY LLC to FLUSHING BANK$1,800,000
2020-08-11Mortgage $735,634 — from 505 REALTY LLC to FLUSHING BANK$735,634
2020-08-11Mortgage assigned — from ASTORIA BANK; ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA; STERLING NATIONAL BANK to FLUSHING BANK
2018-01-03Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-01-03311: HEAT/HOT WATER — ENTIRE BUILDING
2018-01-02Boiler inspection
2018-01-02Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-01-02311: HEAT/HOT WATER — ENTIRE BUILDING
2018-01-01Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-01-01311: HEAT/HOT WATER — ENTIRE BUILDING
2017
2017-10-19ECB CLASS - 2 violation: FAILURE TO COMPLY WITH THE COMMISSIONER'S ORDER CONTAINED IN SUMMONS/VIOLATION #35113767Y ISSUED 12/19/16 AND TO FILE A CERTIFICAT$800
2017-10-18DOB complaint, category ?
2017-07-21ECB CLASS - 2 violation: FAILURE TO COMPLY W/ THE COMMISSIONER'S ORDER CONTAINED IN SUMMONS/VIOLATION# 35113767Y ISSUED ON 12/19/16 & TO FILE A C OF C PURS$800
2017-06-08Permit PL — ISSUED
2017-05-14311: Street Condition — Pothole
2017-05-11Permit EW — ISSUED
2017-05-06ECB CLASS - 2 violation: FAILURE TO COMPLY WITH THE COMISSIONERS ORDER CONTAINED IN SUMMONS/VIOLATION #35113767Y ISSUED ON 12/19/16 AND TO FILE A CERTIFICI$800
2017-05-04Job filed: A2$5,000
2017-05-04Job filed: A2$5,000
2017-05-02Permit PL — ISSUED
2017-04-19DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2017-03-22Rodent inspection: Passed
2017-02-24DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2015 INSPECTION REPORT
2017-01-30Permit EW — ISSUED
2017-01-27Job filed: APPLICATION BEING FILED TO REMOVE WORK WITHOUT PERMIT VIOLATION #35113768X- RESTORE EXISTING CELLAR TO STORAGE SPACE, LEGALIZE STAIR TO CELLAR AND TWO$4,500
2017-01-27Job filed: APPLICATION BEING FILED TO REMOVE WORK WITHOUT PERMIT VIOLATION #35113768X- RESTORE EXISTING CELLAR TO STORAGE SPACE, LEGALIZE STAIR TO CELLAR AND TWO$4,500
2016
2016-12-28311: Graffiti — Graffiti
2016-12-28Permit EW — ISSUED
2016-12-19311: Miscellaneous Categories — Inspection Work Order (DOB)
2016-12-19ECB CLASS - 1 violation: OCCUPANCY CONTRARY TO THAT ALLOWED BY THE CERTIFICATE OF OCCUPANCY #78756 WHICH INDICATES CELLAR TO BE STORAGE.AT TIME OF INSPE$2,400
2016-12-19ECB CLASS - 2 violation: WORK W/O PERMIT.NOTED: INTERIOR PARTITION WALLS ERECTED AT CELLAR SUBDIVIDING CELLAR CREATING ONE OFFICE SPACE USED IN CONJUNCTION$800
2016-12-19DOB complaint, category ?
2016-12-15Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2016-12-15311: HEAT/HOT WATER — ENTIRE BUILDING
2016-12-12Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2016-12-12311: HEAT/HOT WATER — ENTIRE BUILDING
2016-11-14311: Food Poisoning — 3 or More
2016-10-04311: Curb Condition — Broken Curb
2016-06-27311: General Construction/Plumbing — Building Permit - None
2016-06-27DOB complaint, category ?
2016-06-10311: Water System — Defective Street Cut (WZZ1)
2016-02-12Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2016-02-12311: HEAT/HOT WATER — ENTIRE BUILDING
2016-01-22311: Street Condition — Pothole
2016-01-22311: Street Condition — Pothole
2015
2015-12-31Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2015-11-15Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2015-11-15311: HEAT/HOT WATER — ENTIRE BUILDING
2015-11-15311: Water System — Excessive Water In Basement (WEFB)
2015-08-07311: New Tree Request — For One Address
2015-08-07311: New Tree Request — For One Address
2015-05-14DOB complaint, category ?
2015-02-11Permit AL — ISSUED
2015-02-11Job filed: TO INSTALL A STRUCTURE FOR A WALL ADVERTISING SIGN, SIGN FILED UNDER SEPARATE APPLICATION.$5,000
2015-02-11Job filed: TO INSTALL A STRUCTURE FOR A WALL ADVERTISING SIGN, SIGN FILED UNDER SEPARATE APPLICATION.$5,000
2015-01-17Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2015-01-17311: HEAT/HOT WATER — ENTIRE BUILDING
2015-01-06Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2015-01-06311: HEAT/HOT WATER — ENTIRE BUILDING
2014
2014-12-31311: HEAT/HOT WATER — ENTIRE BUILDING
2014-12-12Permit EW — ISSUED
2014-11-12Permit EW — ISSUED
2014-11-12Permit PL — ISSUED
2014-11-12Job filed: REPLACE EXISTING OIL BURNER WITH DUAL FIRED (OIL/GAS) BURNER POWERFLAME C1-GO-10 (INPUT: 770,000 BTU/HR). EXISTING AL EASTMOND FST-20 BOILER TO REMAIN$19,075
2014-09-26Permit SG — ISSUED
2014-06-06FDNY inspection (RISK)
2014-04-07311: Street Light Condition — Lamppost Damaged
2010-12-21Tenant complaint: HEATING — HEAT RELATED
2010-12-21311: HEATING — HEAT
2010-01-11Tenant complaint: HEATING — HEAT RELATED
2010-01-11311: HEATING — HEAT
2010-01-10Tenant complaint: HEATING — HEAT RELATED
2010-01-10311: HEATING — HEAT
2009
2009-01-01Tenant complaint: GENERAL — WINDOWS
2009-01-01Tenant complaint: GENERAL — WINDOWS
2009-01-01Tenant complaint: HEATING — HEAT RELATED
2009-01-01Tenant complaint: GENERAL — WINDOWS
2007
2007-05-30DOB complaint, category ?
2007-05-07Permit PL — ISSUED
2007-04-06Permit EW — ISSUED
2007-03-28Job filed: INSTALL FIRE SUPPRESSION SYSTEM AS SHOWN ON PLAN. NO CHANGE IN USE OCCUPANCY OR EGRESS.$3,000
2007-03-08Tenant complaint: HEATING — HEAT RELATED
2007-03-08Tenant complaint: HEATING — HEAT RELATED
2007-02-14Permit PL — ISSUED
2007-02-08Permit EW — ISSUED
2007-02-08Permit EW — ISSUED
2007-02-08Permit EQ — ISSUED
2007-01-11Job filed: NEW LAYOUT FOR EXISTING COFFEE SHOP ON THE FIRST FLOOR, WITH NEW PARTITIONS, PLUMBING,FINISH MATERIALS ON THE FLOOR AND WALLS, DROP CLNG, EXHAUST DUCT$117,000
2007-01-11Job filed: NEW LAYOUT FOR EXISTING COFFEE SHOP ON THE FIRST FLOOR, WITH NEW PARTITIONS, PLUMBING,FINISH MATERIALS ON THE FLOOR AND WALLS, DROP CLNG, EXHAUST DUCT$117,000
2006
2006-01-26Permit EW — ISSUED
2006-01-26Permit EW — ISSUED
2006-01-18Job filed: REPLACE BOILER AND OIL BURNER (NYC BOILER NO. 33884-01). NO CHANGE IN EGRESS, OCCUPANCY OR USE UNDER THIS APPLICATION.
2005
2005-12-20Tenant complaint: HEATING — HEAT RELATED
2005-11-13Tenant complaint: HEATING — HEAT RELATED
2005-11-12Tenant complaint: HEATING — HEAT RELATED
2005-11-10Tenant complaint: HEATING — HEAT RELATED
2005-10-27Tenant complaint: HEATING — HEAT RELATED
2005-02-17Mortgage satisfied — from 889 5TH AVENUE to SANSUE REALTY CORP.
2005-02-17Mortgage $800,000 — from 505 REALTY LLC to INDEPENDENCE COMMUNITY BANK$800,000
2005-02-17Mortgage assigned — from INDEPENDENCE COMMUNITY BANK to FANNIE MAE
2005-02-17AL&R $800,000 — from INDEPENDENCE COMMUNITY BANK to 505 REALTY LLC$800,000
2005-02-17AALR — from FANNIE MAE to 505 REALTY LLC
2005-02-17Mortgage satisfied — from SANSUE REALTY CORP. to GASPARINO, STEVEN J.
2004
2004-12-19Tenant complaint: HEATING — HEAT RELATED
2003
2003-03-03Tenant complaint: HEATING — HEAT RELATED
2002
2002-04-05Deed — from 889 5TH AVENUE REALTY CORP to 505 REALTY LLC
1999
1999-03-16DOB violation LL6291:
1998
1998-05-04DOB violation LL6291:
1997
1997-09-16DOB violation LL6291:
1997-02-10DOB violation LL6291:
1995
1995-08-29DOB violation LL6291:
1994
1994-07-25DOB violation LL6291:
1993
1993-08-16DOB violation LL6291:
1991
1991-11-15Permit EW — ISSUED
1991-11-15Permit EW — ISSUED
1991-11-15Permit EW — ISSUED
1989
1989-11-28HPD class C: § 27-2033 ADM CODE PROVIDE READY ACCESS TO BUILDINGS HEATING SYSTEM CELLAR DOOR LOCKED.
1989-11-28HPD class C: § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES 2 STY WEST APT 4 KITCHEN & BATHROOM. LOCATED AT APT 4
1988
1988-02-11HPD class C: § 27-2013 ADM CODE REMOVE OR COVER IN A MANNER APPROVED BY THE DEPARTMENT THE PEELING LEAD PAINT CEILINGS THRU OUT 4 STY SOUTH APT 10 GARCIA
1983
1983-02-08Deed — from SANSUE REALTY CORP to 889 5TH AVE REALTY CORP
1983-02-08Mortgage satisfied — from GASPARINO, STEVEN J to BAY RIDGE SAVINGS BANK
1983-02-08Mortgage $26,635 — from 889 5TH AVE REALTY CORP to SANSUE REALTY CORP$26,635
1983-02-01HPD class C: D26-10.01 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF DEVICE PRESENT ON CENTRAL HEATING SYSTEM WHICH IS CAPABLE OF CAUSING AN OT
1980
1980-05-13Deed — from PASPARINO JEANNETTE; PASPARINO MARION to SANSUE REALTY CORP
1980-05-13Mortgage — from SANSUE REALTY CORP to GASPARINO STEVEN J
1973
1973-07-12RTXL — from HEFFERNAN JAMES J (DECEASED)
1970
1970-04-23Deed — from GASPARINO STEVEN J to GASPARINO MARION; GASPARINO JEANNETTE
1967
1967-10-23Deed — from DRIGGS PATRICIA H (INDIVIDUALLY AS EXECU; HEFFERNAN JAMES J (DECD) to GASPARINO STEVEN J
1967-10-23Mortgage — from GASPARINO STEVEN J to BAY RIDGE SAVINGS BANK
1967-02-03Mortgage — from STERLING DIE CASTING COMPANY INC to SOSWIN ESTATES INC
1967-02-03Deed — from SOSWIN ESTATES INC to STERLING DIE CASTING COMPANY INC