The city's published records show little recorded distress here in the last three years. Less recorded distress than 75% 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 5. 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.
What 311 hears from this address
1 service requests in the last three years. Most common: Curb Condition (1).
Filed construction activity
$144,400 in permitted construction work filed since
2016 (2 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 (1900)
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)
480 12 REALTY LLC
Head officer
ANTHONY GRIGOS
Managing agent
DAFNONAS ESTATES LTD
Last registered
2025-10-06
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
$1,848,000
$831,600
2026
$2,218,000
$998,100
2027
$2,662,000
$1,197,900
The city's market estimate has risen
44% 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
15 St-Prospect Park — F G · 750 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 8 Av / 13 St — B61 · 200 ft
Citi Bike
8 Ave & 11 St · 400 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.
1 311 service request 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: $670,000 on
2015-05-12 (lender: Northfield 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
2021-02-25
Mortgage $1,236,518 — from 48012 REALTY, LLC to NORTHFIELD BANK
$1,236,518
2021-02-25
Agreement $1,700,000 — from 48012 REALTY, LLC to NORTHFIELD BANK
$1,700,000
2021-02-25
AL&R $1,700,000 — from 48012 REALTY, LLC to NORTHFIELD BANK
$1,700,000
2015-05-12
Mortgage $670,000 — from 48012 REALTY LLC to NORTHFIELD BANK
$670,000
2015-05-12
AL&R $670,000 — from 48012 REALTY LLC to NORTHFIELD BANK
$670,000
2005-06-24
Mortgage $800,000 — from 48012 REALTY, LLC to MARATHON NATIONAL BANK OF NEW YORK
$800,000
2005-06-24
Deed $1,325,000 — from BEIROUTI, PIERRE; BEYROUTY, GEORGE; BEYROUTY, ANTHONY; BEYROUTY, ELIAS to 48012 REALTY, LLC
$1,325,000
Ten-year activity
20100
2017
2018
11
2019
2020
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
0
2
0
0
2
2018
4
0
0
0
1
5
2019
1
3
6
0
1
11
2020
0
1
0
0
1
2
2021
0
0
6
4
1
11
2022
0
0
6
0
1
7
2023
0
0
1
0
1
2
2024
0
1
3
0
1
5
2025
0
0
4
0
1
5
2026
0
0
0
0
1
1
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2024-04-03HPD 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
2024-02-01FDNY inspection (RISK)
2024-01-17Boiler inspection
2023
2023-11-20HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2023-02-06Boiler inspection
2022
2022-12-20Bedbug filing: 0 infested units
2022-11-09HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2022-04-18311: Noise - Helicopter — Other
2022-03-09Boiler inspection
2022-02-18HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2022-02-18HPD 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
2022-02-05311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021
2021-11-17311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-09-24311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-04-19Bedbug filing: 0 infested units
2021-04-14311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-04-05HPD 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
2021-03-13311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-02-25Mortgage $1,236,518 — from 48012 REALTY, LLC to NORTHFIELD BANK$1,236,518
2021-02-25Agreement $1,700,000 — from 48012 REALTY, LLC to NORTHFIELD BANK$1,700,000
2021-02-25AL&R $1,700,000 — from 48012 REALTY, LLC to NORTHFIELD BANK$1,700,000
2021-02-25TL&R — from 48012 REALTY, LLC to NORTHFIELD BANK
2021-01-05Boiler inspection
2020
2020-03-03Boiler inspection — defects found
2020-01-16FDNY inspection (RISK)
2019
2019-12-27311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-11-25311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-09-25311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-09-20311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-01-18ECB CLASS - 2 violation: FAILURE TO PROVIDE APPROVED/ACCEPTED PLANS AT JOBSITE AT TIME OF INSPECTION. AT TIME OF SPOT CHECK INSPECTION FOR WASTE,SEWER,WATE
2019-01-18DOB complaint, category ?
2019-01-09Permit PL — ISSUED
2018
2018-10-02Permit EW — ISSUED
2018-10-01Permit EW — ISSUED
2018-06-13Job filed: INTERIOR RENOVATION TO APT #8 ON THE 4TH FLOOR. NO CHANGE TO USE, EGRESS OR OCCUPANCY.$72,200
2018-06-13Job filed: INTERIOR RENOVATION TO APT #8 ON THE 4TH FLOOR. NO CHANGE TO USE, EGRESS OR OCCUPANCY.$72,200
2018-03-07Boiler inspection
2017
2017-09-19311: Damaged Tree — Branch or Limb Has Fallen Down
2017-06-19311: Damaged Tree — Branch or Limb Has Fallen Down
2016
2016-05-03Permit EW — ISSUED
2016-04-07Mortgage satisfied — from 48012 REALTY, LLC to INVESTORS BANK
2016-04-07TL&R — from INVESTORS BANK to 48012 REALTY, LLC
2015
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
2015-05-12Mortgage $670,000 — from 48012 REALTY LLC to NORTHFIELD BANK$670,000
2015-05-12AL&R $670,000 — from 48012 REALTY LLC to NORTHFIELD BANK$670,000
2015-02-05HPD 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
2012
2012-12-08311: Indoor Air Quality — Chemical Vapors/Gases/Odors