The city's published records show little recorded distress here in the last three years. Less recorded distress than 100% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty
points per 10 units; this building carries 0. In ZIP 11215, 70% of residential buildings hold an A and
4% grade D or F.
How grades work
this building
A
C
Among 699,345 1-5-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
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
9 service requests in the last three years. Most common: Noise (5) · Consumer Complaint (1) · Missed Collection (1) · Outdoor Dining (1) · Street Condition (1).
Filed construction activity
$148,000 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 (1921)
No
Six or more residential units (2)
No
421-a / J-51 tax benefit on the current tax roll
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).
What the city thinks it's worth
Tax year
City market value
Assessed value
2025
$3,341,000
$200,460
2026
$2,840,000
$170,400
2027
$3,047,000
$182,820
The city's market estimate has fallen
9% between tax years 2025 and 2027.
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.
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
Union St — R · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none 4 Av-9 St — F G R · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 5 Av / 3 St — B63 · 100 ft
Citi Bike
5 Ave & 3 St · 150 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.
9 311 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.
Sales, deeds & mortgages
Most recent mortgage recorded against this lot: $213,327 on
2021-03-16 (lender: Ridgewood Savings Bank). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2021-03-16
Agreement $1,500,000 — from 318 5TH AVE., LLC to RIDGEWOOD SAVINGS BANK
$1,500,000
2021-03-16
Mortgage $213,328 — from 318 5TH AVE., LLC to RIDGEWOOD SAVINGS BANK
$213,328
2021-03-16
AL&R $1,500,000 — from 318 5TH AVE., LLC to RIDGEWOOD SAVINGS BANK
$1,500,000
2015-07-22
Mortgage $899,928 — from 318 5TH AVE., LLC to EMIGRANT FUNDING CORPORATION
$899,928
2005-06-29
AL&R $562,500 — from 318 5TH AVE. LLC to EMIGRANT FUNDING CORPORATION
$562,500
2005-06-29
Mortgage $562,500 — from 318 5TH AVE. LLC to EMIGRANT FUNDING CORPORATION
$562,500
2005-04-15
Deed $750,000 — from FARONE, MILDRED to 318 5TH AVE. LLC
$750,000
1987-10-09
Mortgage $200,000 — from SCHIPANI, STEPHEN; AUER, JOACHIM to FARONE, RUDOLPH
$200,000
Ten-year activity
1050
2017
2018
2019
2020
2021
10
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
3
0
1
0
0
4
2018
0
0
0
0
0
0
2019
0
0
3
0
0
3
2020
0
1
2
0
0
3
2021
0
0
0
5
0
5
2022
0
1
2
0
7
10
2023
0
1
0
0
1
2
2024
1
1
1
0
1
4
2025
2
0
2
0
2
6
2026
0
0
6
0
1
7
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2015-07-22TL&R — from 318 5TH AVE., LLC to EMIGRANT FUNDING CORPORATION
2015-07-22AL&R — from 318 5TH AVE., LLC to EMIGRANT FUNDING CORPORATION
2015-07-22Agreement — from 318 5TH AVE., LLC to EMIGRANT FUNDING CORPORATION
2015-07-22Mortgage $899,928 — from 318 5TH AVE., LLC to EMIGRANT FUNDING CORPORATION$899,928
2015-06-22Certificate of occupancy Final
2015-05-21Certificate of occupancy Temporary
2015-04-27Permit EW — ISSUED
2015-04-23Permit EW — ISSUED
2015-04-17Permit PL — ISSUED
2015-04-09Job filed: APPLICATION HEREBY FILED PROPOSING A NEW FIRE SUPPRESSION SYSTEM. NO CHANGE IN USE EGRESS OR OCCUPANCY$2,000
2015-04-09Job filed: APPLICATION HEREBY FILED PROPOSING A NEW FIRE SUPPRESSION SYSTEM. NO CHANGE IN USE EGRESS OR OCCUPANCY$2,000
2015-03-11Permit PL — ISSUED
2015-03-06Permit AL — ISSUED
2014
2014-02-01311: Water System — Leak (Use Comments) (WA2)
2012
2012-09-06311: Damaged Tree — Branch or Limb Has Fallen Down
2012-08-22311: Damaged Tree — Entire Tree Has Fallen Down
2012-08-22311: Damaged Tree — Branch or Limb Has Fallen Down
2010
2010-09-21311: Damaged Tree — Branch Cracked and Will Fall
2010-09-18311: Damaged Tree — Branch Cracked and Will Fall
2010-09-18311: Damaged Tree — Branch Cracked and Will Fall
2010-09-16311: Damaged Tree — Branch or Limb Has Fallen Down
2008
2008-10-31DOB complaint, category ?
2008-06-05Permit PL — ISSUED
2008-05-20Permit PL — ISSUED
2008-05-20Permit EW — ISSUED
2008-05-12Job filed: INSTALL KITCHEN FIRE SUPPRESSION SYSTEM IN CONJUNCTION WITH JOB#310050949, AS SHOWN ON PLAN. NO CHANGE IN USE, OCCUPANCY, OR EGRESS.$3,000
2008-04-23Permit EW — ISSUED
2008-04-23Permit PL — ISSUED
2008-02-26Job filed: PROVIDE SPRINKER SYSTEM FOR RESTAURANT.$14,300
2008-02-26Job filed: PROVIDE SPRINKER SYSTEM FOR RESTAURANT.$14,300
2008-01-23Permit AL — ISSUED
2008-01-03DOB violation LL6291:
2007
2007-11-26Permit AL — ISSUED
2007-10-16Job filed: Replace existing restaurant on 1st floor..relocate kitchen to cellar..add dining in cellar..remove portion of 1st floor..new bathrooms...sprinkler sys$90,000
2007-01-19DOB violation LL6291:
2006
2006-01-11Permit EW — ISSUED
2006-01-06DOB violation LL6291:
2005
2005-09-01Permit PL — ISSUED
2005-09-01Permit EW — ISSUED
2005-07-05Job filed: Remove existing sheetrock & rerock on existing studs..replacement of kitchen plumbing on existing lines. No change to use, egress or occupancy.$10,000
2005-07-05Job filed: Remove existing sheetrock & rerock on existing studs..replacement of kitchen plumbing on existing lines. No change to use, egress or occupancy.$10,000
2005-06-29AL&R $562,500 — from 318 5TH AVE. LLC to EMIGRANT FUNDING CORPORATION$562,500
2005-06-29Mortgage $562,500 — from 318 5TH AVE. LLC to EMIGRANT FUNDING CORPORATION$562,500
2005-06-20DOB complaint, category ?
2005-06-18ECB Non-Hazardous violation: WORK WITHOUT A PERMIT. WORK NOTED: 1) ERECTED PARTITIONS FROM FLOOR TOCEILING, 2) NEW PLUMBING FOR 3PC BATHROOM TUB TOILET SINK, A
2005-04-15Mortgage satisfied — from SCHIPANI, STEPHEN; AUER, JOACHIM to FARONE, RUDOLPH
2005-04-15Deed $750,000 — from FARONE, MILDRED to 318 5TH AVE. LLC$750,000
1998
1998-05-04DOB violation LL6291:
1995
1995-08-29DOB violation LL6291:
1992
1992-10-09Deed — from AUER, JOACHIM; SCHIPANI, STEPHEN to FARONE, RUDOLPH; FARONE, MILDRED
1987
1987-10-09Mortgage $200,000 — from SCHIPANI, STEPHEN; AUER, JOACHIM to FARONE, RUDOLPH$200,000
1987-09-28Deed — from FARONE, RUDOLPH to SCHIPANI, STEPHEN; AUER, JOACHIM
1987-09-28Mortgage satisfied — from FARONE, RUDOLPH to QUADRELLO, PAUL; QUADRELLO, HELEN
1974
1974-07-10Deed — from QUADRELLO ANTHONY; QUADRELLO HELEN; QUADRELLO PAUL to FARONE RUDOLPH
1974-07-10Mortgage — from FARONE RUDOLPH to QUADRELLO PAUL; QUADRELLO HELEN
1969
1969-01-31Mortgage — from QUADRELLO ANTHONY to GOLDBERG JACK R; COMM OF SOCIAL SERVICES NYC
1966
1966-11-23Deed — from QUADRELLO ERNEST; QUADRELLO ROSARIO; QUADRELLO SANTO; QUADRELLO JOSEPH to QUADRELLO ANTHONY; QUADRELLO HELEN; QUADRELLO PAUL