A sustained record of distress well beyond its peers. More recorded distress than 99% 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 157.3. In ZIP 11225, 70% of residential buildings hold an A and
6% 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
Open HPD violations
16 total — 0 class C (immediately hazardous), 12 class B, 4 class A. Oldest open since 2024-05-28.
status snapshot refreshed weekly from HPD records
Patterns
4 heat or hot-water complaints in the last three years (winter 2024–25: 4).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
8 service requests in the last three years. Most common: Rodent (2) · HEAT/HOT WATER (2) · PLUMBING (2) · PAINT/PLASTER (1) · Illegal Parking (1).
Filed construction activity
$47,500 in permitted construction work filed since
2016 (1 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 (1960)
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).
Registered with HPD — the names behind the building
Registered owner(s)
NYC PACT PRESERVATION PARTNERS LLC
Head officer
KERRY KRAMER
Managing agent
FAIRSTEAD MANAGEMENT
Last registered
2025-08-14
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
$1,437,000
$86,220
2026
$1,564,000
$93,840
2027
$1,362,000
$81,720
The city's market estimate has fallen
5% between tax years 2025 and 2027.
Tax exemptions on the roll: NYC HOUSING AUTH
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
Sterling St — 2 5 · 450 ft straight-line (about a 2-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Nostrand Av / Lefferts Av — B44 · 250 ft
Citi Bike
Sterling St & Nostrand Ave · 450 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.
8 311 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.
Most recent mortgage recorded against this lot: $34,000,000 on
2023-12-14 (lender: New York City Housing Authority), covering 154 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.
Date
Record
Amount
Per res. unit
2023-12-14
Mortgage $34,000,000 — from NYC PACT PRESERVATION PARTNERS LLC; REID PARK ROCK HOUSING DEVELOPMENT FUNDC to NEW YORK CITY HOUSING AUTHORITY
$34,000,000
2023-12-14
MLEA $23,258,391 — from NEW YORK CITY HOUSING AUTHORITY to REID PARK ROCK HOUSING DEVELOPMENT FUND; NYC PACT PRESERVATION PARTNERS LLC
$23,258,391
2023-12-14
Mortgage $249,509,952 — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NYC PACT PRESERVATION PARTNERS LLC to NEW YORK CITY HOUSING DEVELOPMENT FUND C
$249,509,952
2023-12-14
Mortgage $166,276,327 — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NYC PACT PRESERVATION PARTNERS LLC to MERCHANTS CAPITAL CORP
$166,276,327
2023-12-14
Mortgage $181,723,673 — from NYC PACT PRESERVATION PARTNERS LLC; REID PARK ROCK HOUSING DEVELOPMENT FUNDC to MERCHANTS CAPITAL CORP
$181,723,673
Ten-year activity
50250
2017
2018
2019
2020
2021
2022
2023
27
2024
2025
2026
ConstructionHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
1
0
0
1
2018
0
1
0
0
1
2019
0
0
0
0
0
2020
0
0
0
0
0
2021
0
0
0
0
0
2022
0
2
0
2
4
2023
0
1
16
1
18
2024
0
27
0
0
27
2025
5
2
0
0
7
2026
0
1
0
1
2
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-03-20Job filed: GENERAL LANDSCAPING WORK AS PER PLANS FILED HEREWITH. NO CHANGE TO USE, EGRESS, OR OCCUPANCY.$47,500
2024
2024-12-30Bedbug filing: 0 infested units
2024-11-10311: PLUMBING — WATER SUPPLY
2024-11-10311: PLUMBING — TOILET
2024-11-10311: HEAT/HOT WATER — APARTMENT ONLY
2024-11-10Tenant complaint: PLUMBING — TOILET
2024-11-10Tenant complaint: PLUMBING — WATER SUPPLY
2024-11-10Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2024-11-07HPD class B: § 27-2026 ADMIN. CODE: REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS AT BATHTUB IN THE BATHROOM LOCATED AT APT 3B, 2nd STORY, 1st APARTMENT FROM
2024-11-07HPD class B: § 27-2026 ADMIN. CODE: REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS AT WASH BASIN IN THE BATHROOM LOCATED AT APT 3B, 2nd STORY, 1st APARTMENT F
2024-11-04311: HEAT/HOT WATER — ENTIRE BUILDING
2024-11-04Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT CEILING AND EAST WALL IN THE 4th ROOM FROM NORTH AT EAST LOCATED AT APT 3
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR AT CEILING AND ALL WALLS IN THE 4th ROOM
2024-05-28HPD class A: § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING AND ALL WALLS IN THE 2nd ROOM FR
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOODEN FLOOR IN THE PRIVATE HALLWAY LOCATED AT APT 3B,
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: PROPERLY SECURE THE LOOSE SCUTTLE LADDER IN THE PRIVATE HALLWAY LOCATED AT APT 3B, 2nd STORY, 1st APARTMENT FROM EAST
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOODEN FLOOR IN THE KITCHEN LOCATED AT APT 3B, 2nd STOR
2024-05-28HPD class A: § 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE MECHANICAL VENTILATION AT EAST IN THE KITCHEN LOCATED AT APT 3B, 2nd STORY
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK CEILING AND NORTH WALL IN THE KITCHEN LOCATED AT APT 3B, 2nd STORY, 1st APAR
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING AND WEST WALL IN THE 1st ROOM FR
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING AND ALL WALLS IN THE 1st ROOM FR
2024-05-28HPD class A: § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING AND ALL WALLS IN THE 4th ROOM FR
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT CEILING IN THE 2nd ROOM FROM NORTH AT WEST LOCATED AT APT 3B, 2nd STORY,
2024-05-28HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT CEILING AND WEST WALL IN THE 1st ROOM FROM NORTH AT WEST LOCATED AT APT 3
2024-05-28HPD class A: § 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOODEN FLOOR IN THE 4th ROOM FROM NORTH AT EAST LOCATED
2023
2023-12-14Mortgage $34,000,000 — from NYC PACT PRESERVATION PARTNERS LLC; REID PARK ROCK HOUSING DEVELOPMENT FUNDC to NEW YORK CITY HOUSING AUTHORITY$34,000,000
2023-12-14DECL — from NEW YORK CITY HOUSING AUTHORITY; U.S. DEPARTMENT OF HOUSING AND URBAN DEV; NYC PACT PRESER
2023-12-14DECL — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC to NYC PACT PRESERVATION PARTNERS LLC
2023-12-14REL — from SECRETARY OF HOUSING AND URBAN DEVELOPME; UNITED STATES OF AMERICAS to NEW YORK CITY HOUSING AUTHORITY
2023-12-14Agreement — from FANNIE MAE to MERCHANTS CAPITAL CORP
2023-12-14Agreement — from MERCHANTS CAPITAL CORP to NEW YORK CITY HOUSING AUTHORITY; NYC PACT PRESERVATION PARTNERS LLC
2023-12-14MLEA $23,258,391 — from NEW YORK CITY HOUSING AUTHORITY to REID PARK ROCK HOUSING DEVELOPMENT FUND; NYC PACT PRESERVATION PARTNERS LLC$23,258,391
2023-12-14Agreement — from MERCHANTS CAPITAL CORP to NEW YORK CITY HOUSING DEVELOPMENT FUND C; NYC PACT PRESERVATION PARTNERS LLC
2023-12-14Mortgage $249,509,952 — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NYC PACT PRESERVATION PARTNERS LLC to NEW YORK CITY HOUSING DEVELOPMENT FUND C$249,509,952
2023-12-14Mortgage assigned — from MERCHANTS CAPITAL CORP to FANNIE MAE
2023-12-14Mortgage assigned — from MERCHANTS CAPITAL CORP to FANNIE MAE
2023-12-14Agreement — from NEW YORK CITY HOUSING DEVELOPMENT FUND C; THE CITY OF NEW YORK to MERCHANTS CAPITAL CORP
2023-12-14Mortgage $166,276,327 — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NYC PACT PRESERVATION PARTNERS LLC to MERCHANTS CAPITAL CORP$166,276,327
2023-12-14Mortgage $181,723,673 — from NYC PACT PRESERVATION PARTNERS LLC; REID PARK ROCK HOUSING DEVELOPMENT FUNDC to MERCHANTS CAPITAL CORP$181,723,673
2023-12-14Agreement — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NYC PACT PRESERVATION PARTNERS LLC to THE CITY OF NEW YORK; NEW YORK CITY HOUSING DEVELOPMENT FUND C
2023-12-14Agreement — from REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NYC PACT PRESERVATION PARTNERS LLC; NEW YORK CIT to NYC PACT PRESERVATION PARTNERS LLC; REID PARK ROCK HOUSING DEVELOPMENT FUNDC; NEW YORK CI
2023-12-06Rodent inspection: Passed
2023-11-05311: Rodent — Rat Sighting
2022
2022-12-01Rodent inspection: Passed
2022-11-17311: Rodent — Signs of Rodents
2022-09-23Rodent inspection: Passed
2022-09-17311: Rodent — Rat Sighting
2018
2018-10-30HPD 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
2017
2017-02-15311: New Tree Request — For One Address
2012
2012-04-19SMIS — from NEW YORK CITY HOUSING AUTHORITY to UNITED STATES DEPARTMENT OF HUD
1996
1996-04-16Permit EW — ISSUED
1996-04-10Permit PL — ISSUED
1973
1973-11-21CODP — from CITY OF NEW YORK; CITY OF NY
1970
1970-01-13DECL — from NEW YORK HOUSING AUTHORITY; NEW YORK CITY HOUSING AUTHORITY; UNITED STATES OF AMERICA
1969
1969-11-21Deed — from THE CITY OF NY to NYC HOUSING AUTHORITY
1968
1968-05-16Mortgage assigned — from SACKMAN GILLILAND CORP to FRANKLIN NATIONAL BANK
1968-05-13SAGE — from CROWN ASSOCIATES; SACKMAN GILLILAND CORP