The city's published records show little recorded distress here in the last three years. Less 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 10.7. 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
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.
$655 in enforcement penalties imposed (ECB/OATH) in the last three years.
What 311 hears from this address
7 service requests in the last three years. Most common: Dead Animal (1) · Homeless Person Assistance (1) · Root/Sewer/Sidewalk Condition (1) · Snow or Ice (1) · Rodent (1) · Dirty Condition (1).
Filed construction activity
$859,875 in permitted construction work filed since
2016 (4 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 (1920)
Yes
Six or more residential units (7)
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)
412 THIRD STREET LLC
Head officer
DAVID CHITAYAT
Managing agent
GUARDIAN PROPERTY MGMNT
Last registered
2025-09-08
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
$3,558,000
$1,601,100
2026
$3,702,000
$1,665,900
2027
$2,962,000
$1,332,900
The city's market estimate has fallen
17% between tax years 2025 and 2027.
Building systems
Heating fuel
NO2FUEL
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
7 Av — F G · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: full 4 Av-9 St — F G R · 0.4 mi straight-line (about a 9-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 5 Av / 3 St — B63 · 500 ft
Citi Bike
5 St & 6 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.
7 311 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: $1,000,000 on
2017-01-23 (lender: Modern Bank, NA). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2021-12-16
Mortgage $1,988,680 — from CHITAYAT, JONATHAN; CHITAYAT, TAL; CHITAYAT, DAVID to TD BANK, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
$1,988,680
2021-12-16
Agreement $2,900,000 — from CHITAYAT, TAL; CHITAYAT, DAVID; CHITAYAT, JONATHAN to TD BANK, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
$2,900,000
2017-01-23
AL&R $1,000,000 — from 412 THIRD STREET LLC to MODERN BANK, NA
$1,000,000
2017-01-23
Mortgage $1,000,000 — from 412 THIRD STREET LLC to MODERN BANK, NA
$1,000,000
2015-10-02
Deed $3,550,000 — from LOST BUCKETS LLC; 412 THIRD LLC to DJT GROUP LLC
$3,550,000
2012-05-22
Mortgage $450,000 — from 412 THIRD LLC to FLUSHING SAVINGS BANK, FSB
$450,000
2012-05-22
AL&R $450,000 — from 412 THIRD LLC to FLUSHING SAVINGS BANK, FSB
$450,000
2008-12-15
AL&R $50,000 — from 412 THIRD LLC to SOVEREIGN BANK
$50,000
2008-12-15
Mortgage $50,000 — from 412 THIRD LLC to SOVEREIGN BANK
$50,000
Ten-year activity
20100
2017
2018
2019
2020
17
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
1
5
3
0
9
2018
0
1
11
0
1
13
2019
0
1
2
0
3
6
2020
0
0
2
0
0
2
2021
0
0
11
6
0
17
2022
0
1
1
0
0
2
2023
0
3
4
0
0
7
2024
0
2
3
0
0
5
2025
7
1
3
0
2
13
2026
2
0
2
0
0
4
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2025-10-15Permit General Construction — Permit Issued
2025-10-15Permit Structural — Permit Issued
2025-08-15Job filed: Modification of Plumbing fixtures with piping associated with 4 apartment townhouse renovation as shown on submitted plans.$124,000
2025-08-04Job filed: Renovation of 4 apartment townhouse as shown on submitted plans.$535,625
2025-08-04Job filed: HVAC work associated with 4 apartment townhouse renovation as shown on submitted plans.$150,250
2025-04-19311: Dirty Condition — Trash
2025-03-11Rodent inspection: Passed
2025-02-26311: Rodent — Rat Sighting
2025-01-23311: Snow or Ice — Sidewalk
2024
2024-12-16ECB CLASS - 2 violation: FAILURE TO FILE REQUIRED ANNUAL BOILER INSPECTION REPORTS FOR LOW-PRESSURE BOILER 30000030579Y0001 IN ACCORDANCE WITH THE RULES OF$655
2024-12-10311: Root/Sewer/Sidewalk Condition — Trees and Sidewalks Program
2023-02-09311: Residential Disposal Complaint — Waste Left in Front of Other Residence
2022
2022-12-05Bedbug filing: 0 infested units
2022-05-05DOB complaint, category ?
2021
2021-12-16Mortgage $1,988,680 — from CHITAYAT, JONATHAN; CHITAYAT, TAL; CHITAYAT, DAVID to TD BANK, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS$1,988,680
2021-12-16Mortgage assigned — from MODERN BANK, NA to TD BANK, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
2021-12-16PAT — from CHITAYAT, JONATHAN to CHITAYAT, DAVID
2021-12-16Deed — from 412 THIRD STREET, LLC to CHITAYAT, TAL M; CHITAYAT, DAVID; CHITAYAT, JONATHAN
2021-12-16Agreement $2,900,000 — from CHITAYAT, TAL; CHITAYAT, DAVID; CHITAYAT, JONATHAN to TD BANK, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS$2,900,000
2021-12-08Bedbug filing: 0 infested units
2021-11-23311: Curb Condition — Broken Curb
2021-10-07311: Residential Disposal Complaint — Containers Left Out After Collection
2021-10-06311: Residential Disposal Complaint — Waste Set Out Too Early or Too Late
2021-06-28Deed transfer (nominal price)
2021-06-15311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2021-05-23311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2016-02-04Job filed: COMBINE APARTMENTS AT SECOND FLOOR.AT 3 FLOOR, AND 4 FLOOR AND RENOVATE AS A FOUR FAMILY RESIDENCE.$50,000
2015
2015-10-15TL&R — from 412 THIRD LLC to FLUSHING SAVINGS BANK, FSB
2015-10-15Mortgage satisfied — from 412 THIRD LLC to FLUSHING SAVINGS BANK, FSB
2015-10-06HPD class I: SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER
2015-10-02Deed $3,550,000 — from LOST BUCKETS LLC; 412 THIRD LLC to DJT GROUP LLC$3,550,000
2015-09-30Deed — from 412 THIRD LLC to 412 THIRD LLC; LOST BUCKETS LLC
2012-05-31Mortgage satisfied — from 412 THIRD LLC to SOVEREIGN BANK, N.A. FKA SOVEREIGN BANK
2012-05-31TL&R — from SOVEREIGN BANK, N.A. FKA SOVEREIGN BANK to 412 THIRD LLC
2012-05-22Mortgage $450,000 — from 412 THIRD LLC to FLUSHING SAVINGS BANK, FSB$450,000
2012-05-22AL&R $450,000 — from 412 THIRD LLC to FLUSHING SAVINGS BANK, FSB$450,000
2012-04-30311: New Tree Request — For One Address
2010
2010-08-26311: New Tree Request — For One Address
2009
2009-03-17Permit EW — ISSUED
2009-02-24Job filed: NEW STEEL STAIR TO REAR YARD AND DOOR$15,000
2009-02-24Job filed: NEW STEEL STAIR TO REAR YARD AND DOOR$15,000
2009-02-24Job filed: NEW STEEL STAIR TO REAR YARD AND DOOR$15,000
2008
2008-12-15AL&R $50,000 — from 412 THIRD LLC to SOVEREIGN BANK$50,000
2008-12-15Mortgage $50,000 — from 412 THIRD LLC to SOVEREIGN BANK$50,000
2003
2003-04-13HPD 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
2003-02-24DEEDO — from PERRY, CHRISTOPHER J; PERRY, JOSEPH M; BORRIELLO, ANNE MARIE to 412 THIRD LLC
2001
2001-12-11Permit EW — ISSUED
2001-12-11Permit EW — ISSUED
2001-12-04Job filed: REPLACE BOILER AND OIL BURNER.
2001-03-30PAT — from PERRY, MARIE to PERRY, CHRISTOPHER; BORRIELLO, ANN MARIE
2001-03-30Deed — from PERRY, MARIE T to PERRY, CHRISTOPHER J; BORRIELLO, ANNE MARIE; PERRY, JOSEPH M
2000
2000-11-12HPD 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
1983
1983-09-20Mortgage satisfied — from PERRY, JOSEPH J; PERRY, MARIE T to CASSANO, FRANK A; CASSANO, THERESA
1973
1973-08-02Deed — from CASSANO FRANK A; CASSANO THERESA to PERRY MARIE T; PERRY JOSEPH J
1973-08-02Mortgage — from PERRY JOSEPH J; PERRY MARIE T to CASSANO FRANK A; CASSANO THERESA