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Building report

481 Madison Street · Brooklyn · BBL 3016390076 · 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, AEP0
Structural & safetyDOB violations, ECB/OATH violations by class0
PestsBedbug filings, failed rodent inspections, rodent 311s0
DisplacementMarshal evictions executed0
GRADE A

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 11221, 43% of residential buildings hold an A and 17% 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

3 service requests in the last three years. Most common: Noise (2) · General Construction/Plumbing (1).

Filed construction activity

$929,960 in permitted construction work filed since 2016 (6 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 (1899)
NoSix or more residential units (2)
No421-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)Cypridge LLC
Head officerSHIMON SABAH
Managing agentCypridge LLC
Last registered2025-08-08

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,688,000 $101,280
2026$1,861,000 $111,660
2027$1,621,000 $97,260

The city's market estimate has fallen 4% 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

SubwayKingston-Throop Avs — C · 0.4 mi straight-line (about a 12-minute walk) · station accessibility: none
Utica Av — A C · 0.6 mi straight-line (about a 15-minute walk) · station accessibility: full
BusNearest boarding stop: Marcus Garvey Blvd / Madison St — B15 · 250 ft
Citi BikeMonroe St & Marcus Garvey Blvd · 250 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 308 Clara Cardwell. 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

481 Madison 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

3 311 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.

The landlord's report card

Managed by CYPRIDGE LLC — 2 buildings, 4 units. Grades across the portfolio: A1 · C1. See the whole portfolio

BuildingBoroughUnitsGrade
481 Madison Street BK2 A
393A Putnam Avenue BK2 C

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,399,000 on 2026-06-16 (recorded via MERS, the industry registry; the lender is not named on the record). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-06-16Mortgage $1,399,000 — from AMP RE HOLDINGS LLC to MERS $1,399,000
2026-06-16Deed $3,150,000 — from CYPRIDGE LLC to AMP RE HOLDINGS LLC $3,150,000
2026-06-04Sold for $3,150,000 $3,150,000 $1,575,000
2025-06-18Mortgage $1,200,000 — from CYPRIDGE LLC to ANDREADIS CAPITAL, LLC $1,200,000
2024-09-20Mortgage $600,000 — from CYPRIDGE LLC to WILLIAMS, BARBARA $600,000
2024-09-20Deed $1,600,000 — from WILLIAMS, BARBARA to CYPRIDGE LLC $1,600,000
2024-09-12Sold for $1,600,000 $1,600,000 $800,000
2018-03-20Mortgage $141,000 — from WILLIAMS, BARBARA to CITIBANK NA $141,000
2005-03-02Mortgage $46,883 — from WILLIAMS, BARBARA to CITIMORTGAGE, INC $46,883
2005-03-02Agreement $134,000 — from WILLIAMS, BARBARA to CITIMORTGAGE, INC $134,000
1994-05-26Mortgage $42,228 — from WILLIAMS, BARBARA to CITIBANK, NA $42,228
1988-02-18Mortgage $60,000 — from WILLIAMS, BARBARA to CITIBANK NA $60,000
1983-10-25Mortgage $31,000 — from WILLIAMS, BARBARA to BARROW, HAROLD; BARROW, REGINALD $31,000

Ten-year activity

20100
2017
2018
2019
2020
2021
2022
2023
2024
16
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017004004
2018000101
2019000000
2020000000
2021000000
2022001012
2023000000
2024300519
20259132116
2026000426
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The last 12 months — 6 records

DateRecord
2026-06-16Mortgage $1,399,000 — from AMP RE HOLDINGS LLC to MERS
2026-06-16Mortgage satisfied — from CYPRIDGE LLC to ANDREADIS CAPITAL, LLC
2026-06-16Deed $3,150,000 — from CYPRIDGE LLC to AMP RE HOLDINGS LLC
2026-06-04Sold for $3,150,000
2026-05-19Rodent inspection: Passed
2026-01-28Rodent inspection: Passed

The full timeline

2026
2026-06-16Mortgage $1,399,000 — from AMP RE HOLDINGS LLC to MERS$1,399,000
2026-06-16Mortgage satisfied — from CYPRIDGE LLC to ANDREADIS CAPITAL, LLC
2026-06-16Deed $3,150,000 — from CYPRIDGE LLC to AMP RE HOLDINGS LLC$3,150,000
2026-06-04Sold for $3,150,000$3,150,000
2026-05-19Rodent inspection: Passed
2026-01-28Rodent inspection: Passed
2025
2025-09-17Permit Sprinklers — Signed-off
2025-09-17Job filed: interior renovation of the existing three stories basement and cellar building ,of two family dwelling units . New drywall partitions and plumbing fix$404,800
2025-07-31Rodent inspection: Passed
2025-06-18Mortgage $1,200,000 — from CYPRIDGE LLC to ANDREADIS CAPITAL, LLC$1,200,000
2025-05-10311: Noise — Noise: Construction Before/After Hours (NM1)
2025-04-25Job filed: PROPOSED INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. WORK SHALL COMPLY WITH CHAPTER #33 OF THE NYC BUILDING CODE. NO CHANGE IN USE, OCCUPANC$5,000
2025-04-25Permit Supported Scaffold — Signed-off
2025-04-22Mortgage satisfied — from LLC, CYPRIDGE; CYPRIDGE LLC to WILLIAMS, BARBARA
2025-03-26Permit Plumbing — Signed-off
2025-03-21Job filed: INSTALLATION OF SPRINKLER SYSTEM FOR A 4-STORY 2-FAMILY RESIDENTIAL BUILDING IN CONJUNCTION WITH B01129693-I1.$55,360
2025-03-20311: General Construction/Plumbing — Excavation Undermining Adjacent Building
2025-03-20DOB complaint, category ?
2025-03-19Job filed: Installation of new gas fired equipment and plumbing fixtures for the interior renovation of the existing two family dwelling units. Filed in conjunct$57,000
2025-01-23Permit Construction Fence — Signed-off
2025-01-22Job filed: Installation of a temporary construction fence file in conjunction with ALT II #B01129693-I1$3,000
2025-01-20311: Noise - Residential — Banging/Pounding
2024
2024-12-20Permit General Construction — Signed-off
2024-12-20Permit Structural — Signed-off
2024-10-23Job filed: interior renovation of the existing three stories basement and cellar building ,of two family dwelling units . New drywall partitions and plumbing fix$404,800
2024-10-15Mortgage satisfied — from WILLIAMS, BARBARA to CITIBANK; CITIMORTGAGE, INC.
2024-10-03Mortgage satisfied — from WILLIAMS, BARBARA to CITIBANK, N.A.
2024-09-20Mortgage $600,000 — from CYPRIDGE LLC to WILLIAMS, BARBARA$600,000
2024-09-20Deed $1,600,000 — from WILLIAMS, BARBARA to CYPRIDGE LLC$1,600,000
2024-09-12Sold for $1,600,000$1,600,000
2024-07-18Rodent inspection: Passed
2022
2022-11-04Rodent inspection: Passed
2022-09-09311: Non-Emergency Police Matter — Other (complaint details)
2018
2018-03-20Mortgage $141,000 — from WILLIAMS, BARBARA to CITIBANK NA$141,000
2017
2017-10-05311: Sidewalk Condition — Sidewalk Violation
2017-03-29311: Sidewalk Condition — Broken Sidewalk
2017-03-16311: Root/Sewer/Sidewalk Condition — Trees and Sidewalks Program
2017-01-12311: Root/Sewer/Sidewalk Condition — Trees and Sidewalks Program
2012
2012-03-16311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2010
2010-12-12311: Damaged Tree — Branch Cracked and Will Fall
2005
2005-03-02Mortgage assigned — from CITIMORTGAGE, INC to CITIMORTGAGE, INC
2005-03-02Mortgage $46,883 — from WILLIAMS, BARBARA to CITIMORTGAGE, INC$46,883
2005-03-02Agreement $134,000 — from WILLIAMS, BARBARA to CITIMORTGAGE, INC$134,000
1994
1994-05-26Mortgage $42,228 — from WILLIAMS, BARBARA to CITIBANK, NA$42,228
1988
1988-02-18Mortgage $60,000 — from WILLIAMS, BARBARA to CITIBANK NA$60,000
1988-02-18Mortgage satisfied — from BARROW, REGINALD; BARROW, HAROLD to WILLIAMS, BARBARA
1983
1983-10-25Deed — from BARROW, REGINALD to WILLIAMS, BARBARA
1983-10-25Mortgage $31,000 — from WILLIAMS, BARBARA to BARROW, HAROLD; BARROW, REGINALD$31,000
1980
1980-09-11RTXL — from BARROW MARIE (DECD)

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