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Building report

786 President Street · Brooklyn · BBL 3009600022 · generated 2026-10-20 · FREE

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Where the penalty points come from

ComponentWhat it coversPoints
Housing codeHPD violations by class, complaints, emergency repairs, litigation, vacate orders, AEP38.4
Structural & safetyDOB violations, ECB/OATH violations by class3
PestsBedbug filings, failed rodent inspections, rodent 311s3.5
DisplacementMarshal evictions executed0
GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 78% 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 74.8. In ZIP 11215, 70% of residential buildings hold an A and 4% 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 violations2 total — 0 class C (immediately hazardous), 2 class B, 0 class A. Oldest open since 2025-01-24.

status snapshot refreshed weekly from HPD records

Patterns

5 heat or hot-water complaints in the last three years (winter 2024–25: 5).

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

What 311 hears from this address

11 service requests in the last three years. Most common: HEAT/HOT WATER (2) · Snow or Ice (2) · Illegal Dumping (1) · Rodent (1) · Building/Use (1) · Non (1).

Filed construction activity

$8,234,100 in permitted construction work filed since 2016 (22 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

YesBuilt before 1974 (1900)
YesSix or more residential units (6)
No421-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)TOWNHOUSE RENTAL VII, LLC
Head officerGLEN BROWN
Managing agentFREESTONE PROPERTY GROUP LLC
Last registered2026-07-16

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$742,000 $333,900
2026$791,000 $355,950
2027$2,070,000 $931,500

The city's market estimate has risen 179% 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

Subway7 Av — B Q · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none
Grand Army Plaza — 2 3 · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none
BusNearest boarding stop: 7 Av / Union St — B67 B69 · 450 ft
Citi BikeCarroll St & 6 Ave · 400 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 321 William Penn. Confirm with the DOE's school search.

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

786 President Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

11 311 service requests from this address in the last three years — 2 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 FREESTONE PROPERTY GROUP LLC — 418 buildings, 2,029 units. Grades across the portfolio: A122 · B90 · C94 · D97 · F15. See the whole portfolio

BuildingBoroughUnitsGrade
271 Lenox Road BK55 A
503 12 Street BK34 B
70 Prospect Park West BK30 B
227 13 Street BK25 B
38 Prospect Park SW BK20 B
75 Pineapple Street BK20 A
541 Bergen Street BK18 C
400 6 Avenue BK17 C
411 15 Street BK16 A
299 5 Avenue BK16 B
904 President Street BK10 B
11 Devoe Street BK10 A
1440 Pacific Street BK10 B
1148 Pacific Street BK10 B
212 Malcolm X Boulevard BK10 B
36 South Oxford Street BK10 C
100 Malcolm X Boulevard BK9 A
269 Henry Street BK9 B
159 5 Avenue BK9 B
193 Chauncey Street BK9 A
32 Pierrepont Street BK9 C
1436 Pacific Street BK8 A
915 St Johns Place BK8 A
389 Sumpter Street BK8 A
705 Lafayette Avenue BK8 A
147 Stanhope Street BK8 A
238 8 Street BK8 A
473 4 Street BK8 C
125 St James Place BK8 B
26 Starr Street BK8 B
171 15 Street BK8 B
151 Baltic Street BK8 D
44 3 Street BK8 C
441 1 Street BK8 B
196 Prospect Park West BK8 B
473 Kosciuszko Street BK8 A
12 Belvidere Street BK8 A
53 3 Street BK8 B
852 Classon Avenue BK8 B
28 Starr Street BK8 B
138 Schaefer Street BK8 A
161 Prospect Park West BK8 D
733 Lafayette Avenue BK8 B
24 Starr Street BK8 B
707 Hart Street BK8 B
38 3 Street BK8 C
469 4 Street BK8 B
598 Myrtle Avenue BK8 A
188 Cooper Street BK8 B
806 President Street BK8 B
285 6 Avenue BK8 B
600 Myrtle Avenue BK8 A
233 South 3 Street BK8 A
418 Suydam Street BK8 B
419 3 Street BK8 A
812 8 Avenue BK8 B
30 Starr Street BK8 B
812 Lexington Avenue BK8 B
88 Guernsey Street BK8 A
306 Stockholm Street BK8 C

showing 60 of 418 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $32,992,434 on 2024-05-09 (lender: Invesco Commercial Real Estate Finance Investments), covering 22 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.

DateRecordAmountPer res. unit
2026-07-15Agreement $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC $88,737,879
2026-07-15AL&R $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC $88,737,879
2024-05-09AL&R $40,724,036 — from TOWNHOUSE RENTAL VII, L.L.C.; TOWNHOUSE RENTAL VIII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I $40,724,036
2024-05-09Agreement $40,724,036 — from TOWNHOUSE RENTAL VII, L.L.C.; TOWNHOUSE RENTAL VIII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I $40,724,036
2024-05-09Mortgage $32,992,435 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I $32,992,435
2024-05-08Deed $8,906,282 — from 784-6 PRESIDENT ST, LLC to TOWNHOUSE RENTAL VIII, L.L.C. $8,906,282
2024-05-02Sold for $8,906,282 $8,906,282 $1,484,380

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
27
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017000000
2018000000
2019000000
2020000000
2021500005
202215310019
20237110110
2024100512027
202532164227
2026002406
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The last 12 months — 11 records

DateRecord
2026-07-15Mortgage assigned — from INCREF 2025-FL1 LLC to INCREF INVESTMENTS MS SELLER, LLC
2026-07-15Agreement $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC
2026-07-15TL&R — from INCREF 2025-FL1 LLC to TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C.
2026-07-15AL&R $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC
2026-05-05311: Dirty Condition — Trash
2026-01-26311: Snow or Ice — Sidewalk
2025-12-17311: Snow or Ice — Sidewalk
2025-12-17311: Obstruction — Trash or Recycling
2025-12-15Bedbug filing: 0 infested units
2025-11-19Job filed: TO INSTALL (6) SIX SPLIT SYSTEM HEAT PUMP HVAC UNITS. NO CHANGE OF USE, EGRESS OR OCCUPANCY.
2025-11-12311: Illegal Parking — Double Parked Blocking Traffic

The full timeline

2026
2026-07-15Mortgage assigned — from INCREF 2025-FL1 LLC to INCREF INVESTMENTS MS SELLER, LLC
2026-07-15Agreement $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC$88,737,879
2026-07-15TL&R — from INCREF 2025-FL1 LLC to TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C.
2026-07-15AL&R $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC$88,737,879
2026-05-05311: Dirty Condition — Trash
2026-01-26311: Snow or Ice — Sidewalk
2025
2025-12-17311: Snow or Ice — Sidewalk
2025-12-17311: Obstruction — Trash or Recycling
2025-12-15Bedbug filing: 0 infested units
2025-11-19Job filed: TO INSTALL (6) SIX SPLIT SYSTEM HEAT PUMP HVAC UNITS. NO CHANGE OF USE, EGRESS OR OCCUPANCY.$54,000
2025-11-12311: Illegal Parking — Double Parked Blocking Traffic
2025-10-01Permit Mechanical Systems — Signed-off
2025-09-04Job filed: TO INSTALL (6) SIX SPLIT SYSTEM HEAT PUMP HVAC UNITS. NO CHANGE OF USE, EGRESS OR OCCUPANCY.$54,000
2025-08-06AALR — from INCREF CLO SELLER LLC to INCREF 2025-FL1 LLC
2025-08-06Mortgage assigned — from INCREF CLO SELLER LLC to INCREF 2025-FL1 LLC
2025-08-06AALR — from INCREF INVESTMENTS CB TERM SELLER, LLC to INCREF CLO SELLER LLC
2025-08-06Mortgage assigned — from INCREF INVESTMENTS CB TERM SELLER, LLC to INCREF CLO SELLER LLC
2025-06-19311: Non-Emergency Police Matter — Other (complaint details)
2025-04-25City emergency repair (HWO): nyc hpd emergency operations division  essential service work apt # 1l install/repair w/gs throughout apt. remove al
2025-03-21Rodent inspection: Passed
2025-02-19Tenant complaint: ELECTRIC — NO LIGHTING
2025-02-19HPD class B: § 27-2081 ADM CODE DISCONTINUE USE OF ROOMS FOR LIVING, DISCONNECT PLUMBING FIXTURES AND PROPERLY SEAL PIPE CONNECTIONS AT WATER CLOSET AND
2025-02-07Rodent inspection: Failed for Rat Activity
2025-01-24311: Building/Use — Illegal Conversion Of Residential Building/Space
2025-01-24HPD class C: § 27-2029 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE 6th ROOM FROM NORTH LOCATED AT APT 1L, 1st STORY, 1st APARTME
2025-01-24HPD 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
2025-01-24HPD class C: § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF HOT WATER EXCEEDING THE MAXIMUM TEMPERATURE OF 130 DEGREES AT HOT WATER FI
2025-01-24HPD class B: § 27-2081 ADM CODE DISCONTINUE USE OF ROOMS FOR LIVING PURPOSES , AT BASEMENT
2025-01-24ECB CLASS - 2 violation: OCCUPANCY CONTRARY TO THAT ALLOWED BY C OF O AND/OR THE DEPARTMENT OF BUILDINGS RECORDS. PARTITION ERECTED CREATING A ROOM AT BASE
2025-01-24DOB complaint, category ?
2025-01-22311: Rodent — Condition Attracting Rodents
2025-01-21311: HEAT/HOT WATER — APARTMENT ONLY
2025-01-21Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2024
2024-12-26Bedbug filing: 0 infested units
2024-12-24311: HEAT/HOT WATER — ENTIRE BUILDING
2024-12-24Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2024-11-06Permit Sidewalk Shed — Permit Issued
2024-11-04Job filed: INSTALLATION OF 300PSF SIDEWALK SHED AS PER PLANS. SIDEWALK SHED SHALL COMPLY WITH CHAPTER # 33 OF THE NYC CODE 2022, NO CHANGES IN USE EGRESS OR OCCU$5,000
2024-10-09Certificate of occupancy Final
2024-09-23Job filed: RENOVATION & CONVERSION OF EXISTING CONVENT INTO 6-UNIT OLD-LAW TENEMENT AND REMOVE & INSTALL NEW INTERIOR NON-LOAD BEARING PARTITIONS & FINISHES AS P$1,351,350
2024-09-16311: Illegal Dumping — Removal Request
2024-08-21AALR — from INCREF INVESTMENTS CB SELLER, LLC to INCREF INVESTMENTS CB TERM SELLER, LLC
2024-08-21Mortgage assigned — from INCREF INVESTMENTS CB SELLER, LLC to INCREF INVESTMENTS CB TERM SELLER, LLC
2024-08-14Certificate of occupancy Renewal Without Change
2024-05-24AALR — from INVESCO COMMERCIAL REAL ESTATE FINANCE I to INCREF INVESTMENTS CB SELLER, LLC
2024-05-24Mortgage assigned — from INVESCO COMMERCIAL REAL ESTATE FINANCE I to INCREF INVESTMENTS CB SELLER, LLC
2024-05-23Certificate of occupancy Renewal Without Change
2024-05-09Mortgage assigned — from SILAC INSURANCE COMPANY to INVESCO COMMERCIAL REAL ESTATE FINANCE I
2024-05-09AL&R $40,724,036 — from TOWNHOUSE RENTAL VII, L.L.C.; TOWNHOUSE RENTAL VIII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I$40,724,036
2024-05-09Agreement $40,724,036 — from TOWNHOUSE RENTAL VII, L.L.C.; TOWNHOUSE RENTAL VIII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I$40,724,036
2024-05-09Mortgage $32,992,435 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I$32,992,435
2024-05-09Mortgage assigned — from SILAC INSURANCE COMPANY to INVESCO COMMERCIAL REAL ESTATE FINANCE I
2024-05-09Job filed: RENOVATION & CONVERSION OF EXISTING CONVENT INTO 6-UNIT OLD-LAW TENEMENT AND REMOVE & INSTALL NEW INTERIOR NON-LOAD BEARING PARTITIONS & FINISHES AS P$1,351,350
2024-05-08Deed $8,906,282 — from 784-6 PRESIDENT ST, LLC to TOWNHOUSE RENTAL VIII, L.L.C.$8,906,282
2024-05-08TL&R — from SILAC INSURANCE COMPANY to 784-6 PRESIDENT ST, LLC
2024-05-02Sold for $8,906,282$8,906,282
2024-04-18HPD 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
2024-03-01Certificate of occupancy Initial
2024-02-12Job filed: RENOVATION & CONVERSION OF EXISTING CONVENT INTO 6-UNIT OLD-LAW TENEMENT AND REMOVE & INSTALL NEW INTERIOR NON-LOAD BEARING PARTITIONS & FINISHES AS P$1,351,350
2024-01-04Job filed: RENOVATION & CONVERSION OF EXISTING CONVENT INTO 6-UNIT OLD-LAW TENEMENT AND REMOVE & INSTALL NEW INTERIOR NON-LOAD BEARING PARTITIONS & FINISHES AS P$1,351,350
2023
2023-10-26Permit Mechanical Systems — Signed-off
2023-10-11Permit General Construction — Permit Issued
2023-10-11Permit General Construction — Permit Issued
2023-09-22Job filed: PAA FILED FOR APPROVAL OF AMENDED PLANS$1,000
2023-09-13Job filed: PAA FILED TO AMEND PLANS$1,000
2023-08-02Job filed: PAA FILED TO AMEND PLANS$1,000
2023-07-28Job filed: RENOVATION & CONVERSION OF EXISTING CONVENT INTO 6-UNIT OLD-LAW TENEMENT AND REMOVE & INSTALL NEW INTERIOR NON-LOAD BEARING PARTITIONS & FINISHES AS P$1,351,350
2023-07-20311: Construction Lead Dust — In Common Areas
2023-07-03Elevator permit: Furnish and Install One (1) Vertical Platform Lift. All work will comply with ASME A18.1-2017, Section 2 (Public) Vertical Platfor$28,200
2023-06-30DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2022
2022-10-27ECB CLASS - 2 violation: OBSERVED ACTIVE JOBSITE OPERATING DELIVERY OF MATERIAL BY BOOM LIFT WITH FULL STREET CLOSURE ON PRESIDENT ST. BETWEEN 6 & 7 AVENUE$1,280
2022-10-27ECB CLASS - 1 violation: FAILURE TO SAFE GUARD ALL PERSONS & PROPERTY AFFECTED BY CONSTRUCTION OPERATIONS : OBSERVED AT AJS DELIVERY TRUCK WITH BOOM LIFT/ $10,030
2022-10-25311: General Construction/Plumbing — Cons - Contrary/Beyond Approved Plans/Permits
2022-10-25DOB complaint, category ?
2022-09-26Permit Plumbing — Signed-off
2022-09-22Permit Sprinklers — Signed-off
2022-07-22Permit Sprinklers — Signed-off
2022-07-20Permit Structural — Signed-off
2022-07-19Permit Foundation — Signed-off
2022-07-19Permit Earth Work — Signed-off
2022-07-08Job filed: Foundation and excavation filed IN conjunction with Alt-CO# B00533405$1,000
2022-06-28Job filed: PAA is filed to waive TR2 & TR3 requirements.$1,000
2022-06-15Permit Plumbing — Signed-off
2022-06-14Permit Mechanical Systems — Signed-off
2022-06-14Permit General Construction — Permit Issued
2022-04-13Job filed: Foundation and excavation filed IN conjunction with Alt-CO# B00533405$1,000
2022-04-05Job filed: PAA FILED TO AMEND PLANS$1,000
2022-03-15Job filed: PAA FILED TO AMEND PLANS$1,000
2022-02-28Job filed: PAA FILED FOR APPROVAL OF AMENDED PLANS$1,000
2021
2021-08-23Job filed: Structural work as per plans filed. Filed in conjunction with Alt CO #B00533405.$1,000
2021-06-21Job filed: PAA FILED TO AMEND PLANS$1,000
2021-06-21Job filed: PAA FILED TO AMEND PLANS$1,000
2021-06-21Job filed: PAA FILED FOR APPROVAL OF AMENDED PLANS$1,000
2021-06-11Job filed: RENOVATION & CONVERSION OF EXISTING CONVENT INTO 6-UNIT OLD-LAW TENEMENT AND REMOVE & INSTALL NEW INTERIOR NON-LOAD BEARING PARTITIONS & FINISHES AS P$1,351,350
2000
2000-12-06Job filed: REPLACE BOILER AND BURNER
1981
1981-03-12Mortgage assigned — from SISTERS OF SAINT JOSEPH to DIME SAVINGS BANK OF NEW YORK

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