A modest record — below the level that usually signals systemic problems. More recorded distress than 82% 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 10. In ZIP 11216, 38% of residential buildings hold an A and
19% 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
3 total — 1 class C (immediately hazardous), 2 class B, 0 class A. Oldest open since 2005-02-09.
status snapshot refreshed weekly from HPD records
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
2 service requests in the last three years. Most common: Noise (1) · Illegal Parking (1).
Filed construction activity
No permitted work with a declared cost filed in the last decade. 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 (1910)
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)
525 OAK LLC
Head officer
JEREMY FEIT
Managing agent
WOODACRE MANAGEMENT LLC
Last registered
2025-12-29
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
$727,000
$327,150
2026
$756,000
$340,200
2027
$698,000
$314,100
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
Subway
Nostrand Av — A C · 400 ft straight-line (about a 2-minute walk) · station accessibility: none Franklin Av — C S · 0.4 mi straight-line (about a 9-minute walk) · station accessibility: full
Bus
Nearest boarding stop: Nostrand Av / Fulton St — B44 B44-SBS · 300 ft · Select Bus Service
Citi Bike
Pacific St & Nostrand Ave · 600 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.
2 311 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: $1,357,614 on
2022-06-13 (lender: Modern Bank), covering 4 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
2025-01-09
Agreement $4,525,000 — from 543 OAK LLC; 525 OAK LLC; 543 KR LLC; 525 KR LLC to MODERN BANK, N.A.
$4,525,000
2022-06-13
Mortgage $1,357,615 — from 991 PACIFIC LLC; 525 NOSTRAND LLC to MODERN BANK
$1,357,615
2022-06-13
AL&R $4,525,000 — from 525 NOSTRAND LLC; 991 PACIFIC LLC to MODERN BANK
$4,525,000
2022-06-13
Agreement $4,525,000 — from 525 NOSTRAND LLC; 991 PACIFIC LLC to MODERN BANK
$4,525,000
2014-10-17
AL&R $2,727,692 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK
$2,727,692
2014-10-17
Agreement $2,727,692 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK
$2,727,692
2014-10-17
Mortgage $244,631 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK
$244,631
2014-10-17
Agreement $3,625,000 — from NEW YORK COMMUNITY BANK to 525 NOSTRAND LLC; 991 PACIFIC LLC
$3,625,000
2014-10-17
Deed $2,925,000 — from RIGHT ON NOSTRAND AVE LLC to 525 NOSTRAND LLC
$2,925,000
2013-11-25
Mortgage $1,375,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$1,375,000
2012-11-16
Agreement $2,575,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$2,575,000
2012-11-16
AL&R $2,575,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$2,575,000
2012-11-16
Deed $883,000 — from PROMENADE DEVELOPMENT LLC to RIGHT ON NOSTRAND AVE LLC
$883,000
2012-11-16
Mortgage $1,158,680 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$1,158,680
2009-08-06
AL&R $499,500 — from PROMENADE DEVELOPMENT LLC to NORTHFIELD BANK
$499,500
Ten-year activity
50250
2017
2018
2019
2020
2021
27
2022
2023
2024
2025
2026
Housing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
1
1
2018
0
0
2
2
2019
3
0
2
5
2020
0
0
1
1
2021
7
0
1
8
2022
20
5
2
27
2023
4
0
2
6
2024
1
1
3
5
2025
2
3
2
7
2026
1
0
1
2
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2019-03-27311: Noise — Noise: Jack Hammering (NC2)
2019-02-13Bedbug filing: 0 infested units
2018
2018-11-05Rodent inspection: Passed
2018-05-03Rodent inspection: Passed
2017
2017-10-23Rodent inspection: Passed
2014
2014-10-17AL&R $2,727,692 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK$2,727,692
2014-10-17Agreement $2,727,692 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK$2,727,692
2014-10-17Mortgage $244,631 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK$244,631
2014-10-17PREL — from NEW YORK COMMUNITY BANK to 525 NOSTRAND LLC
2014-10-17Agreement $3,625,000 — from NEW YORK COMMUNITY BANK to 525 NOSTRAND LLC; 991 PACIFIC LLC$3,625,000
2014-10-17Deed $2,925,000 — from RIGHT ON NOSTRAND AVE LLC to 525 NOSTRAND LLC$2,925,000
2014-10-15TL&R — from NEW YORK COMMUNITY BANK
2014-05-03311: New Tree Request — For One Address
2014-02-19311: HEATING — HEAT
2014-02-19Tenant complaint: HEATING — HEAT RELATED
2014-01-02HPD litigation: Heat and Hot Water
2013
2013-12-05311: HEATING — HEAT
2013-12-05Tenant complaint: HEATING — HEAT RELATED
2013-11-27311: HEATING — HEAT
2013-11-27Tenant complaint: HEATING — HEAT RELATED
2013-11-25Mortgage $1,375,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK$1,375,000
2013-11-13311: HEATING — HEAT
2013-11-13Tenant complaint: HEATING — HEAT RELATED
2013-11-13HPD class C: SECTION 27-2028, 2032 ADMIN.CODE: PROVIDE AN ADEQUATE SUPPLY OF HEAT FROM AN APPROVED CENTRAL HEATING SYSTEM OR AN APPROVED SYSTEM OF GAS OR
2013-11-09311: HEATING — HEAT
2013-11-09Tenant complaint: HEATING — HEAT RELATED
2013-11-05311: HEATING — HEAT
2013-11-05Tenant complaint: HEATING — HEAT RELATED
2013-11-03311: HEATING — HEAT
2013-11-03Tenant complaint: HEATING — HEAT RELATED
2012-08-15HPD class B: SECTION 27-2024 ADMIN. CODE: PROVIDE ADEQUATE SUPPLY OF HOT WATER FOR THE FIXTURES SINK IN THE KITCHEN LOCATED AT APT 2FLOO, 2nd STORY
2012-08-15HPD class B: SECTION 27-2024 ADMIN. CODE: PROVIDE ADEQUATE SUPPLY OF HOT WATER FOR THE FIXTURES WASH BASIN IN THE BATHROOM LOCATED AT APT 2FLOO, 2nd STOR
2012-08-15HPD class B: SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE KITCHEN LOCATED AT APT 2FL, 2nd
2012-08-15HPD class C: SECTION 27-2018 ADMIN. CODE: ABATE THE NUISNACE CONSISTING OF RODENTS RATS IN THE ENTIRE APARTMENT LOCATED AT APT 2FL, 2nd STORY
2012-08-15HPD class B: SECTION 27-2010, 2011, 2012 ADMIN. CODE: REMOVE THE ACCUMULATION OF REFUSE AND/OR RUBBISH AND MAINTAIN IN A CLEAN CONDITION THE NORTH YARD
2012-08-15HPD class B: SECTION 27-2046.1, 2046.2 HMC: PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE
2012-08-15HPD class B: SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE 2nd ROOM FROM NORTH LOCATED AT
2012-08-15HPD class C: SECTION 27-2010,2011,2012 ADMIN. CODE: CLEANSE AND DISINFECT TO THE SATISFACTION OF THIS DEPARTMENT AFTER REMOVING THE STAGNANT WATER ABOUT
2012-08-15HPD class A: SECTION 27-2013 ADMIN. CODE: PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT WALLS AND CEILING IN THE ENTIRE APARTMENT
2012-08-10311: GENERAL CONSTRUCTION — FLOOR
2012-08-10311: PLUMBING — RADIATOR
2012-08-10311: NONCONST — VERMIN
2012-08-10311: HEATING — HEAT
2012-08-10Tenant complaint: PLUMBING — RADIATOR
2012-08-10Tenant complaint: HEATING — HEAT RELATED
2010-08-04Deed — from PROMENADE DEVELOPMENT LLC to PROMENADE DEVELOPMENT LLC
2009
2009-08-06AL&R $499,500 — from PROMENADE DEVELOPMENT LLC to NORTHFIELD BANK$499,500
2009-08-06Mortgage assigned — from PRIME MANAGEMENT CORP to NORTHFIELD BANK
2009-08-06Mortgage $149,500 — from PROMENADE DEVELOPMENT LLC to NORTHFIELD BANK$149,500
2008
2008-08-06Job filed: REPLACE EXISTING BOILERS WITH NEW AT CELLAR LEVEL TO BE USED FOR THE COMMERCIA L SPACE ON THE FIRST FLOOR. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER $10,000
2008-06-26Job filed: INSTALL NEW BOILERS AT THE CELLAR LEVEL TO BE USED FOR THE COMMERCIAL SPACE ON THE FIRST FLOOR. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER THIS APPLIC$10,000
2008-04-08Tenant complaint: HEATING — HEAT RELATED
2008-02-11Tenant complaint: HEATING — HEAT RELATED
2008-01-24Tenant complaint: HEATING — HEAT RELATED
2008-01-24ECB Non-Hazardous violation: PLUMBING WORK W/O A PERMIT. HAZARDOUS. OBSERVED THE INSTALLATION OF 2 NEW GAS FIRED HEATING BOILERS & 3 GAS FIRED WATER HEATERS IN$800
2008-01-24DOB complaint, category ?
2008-01-21Tenant complaint: HEATING — HEAT RELATED
2007
2007-03-14Permit EW — ISSUED
2007-02-28Job filed: MINOR INTERIOR RENOVATION TO EXISTING BUILDING, MISC. PARTITION WORK, REPLACE PLUMBING FIXTURES, ALL AS PER FILED. NO CHANGE IN USE, EGRESS OR OCCUPAN$27,000
2006
2006-02-28Deed — from 529 NOSTRAND AVENUE CORP to LANE, DR FRED
2006-02-28PREL — from 1490 FULTON STREET CORP; 538 NOSTRAND AVENUE CORP to LANE, DR. FRED
2006-02-28PREL — from CAPITAL INVESTMENT COMPANY to LANE, DR. FRED
2006-02-28Mortgage satisfied — from LANE, FRED to ATLANTIC FULTON CORP
2006-02-28Mortgage satisfied — from LANE, FRED to ATLANTIC FULTON CORP
2006-02-28Mortgage assigned — from LANE, DR FRED to PRIME MANAGEMENT CORP OF LONG ISLAND
2006-02-28Mortgage $350,000 — from PROMENADE DEVELOPMENT LLC to LANE, DR FRED$350,000
2006-02-28Deed $475,000 — from LANE, DR FRED to PROMENADE DEVELOPMENT LLC$475,000
2005
2005-02-09HPD class B: SECTION 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF VERMIN MICE, ROACHES THROUGHOUT 2ND STY APT.
2005-02-09HPD class B: SECTION 27-2005 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF DOUBLE CYLINDER LOCK ENTRY DOOR 3RD STORY APARTMENT #2
2005-02-09HPD class B: SECTION 27-2005,2007 ADMIN. CODE: FIRE EGRESS DEFECTIVE. REMOVE OBSTRUCTING BARS OR GATES FROM WINDOW TO FIRE ESCAPE 3RD STORY APT.
2005-02-09HPD class B: SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR THE BROKEN OR DEFECTIVE SAGGING FLOOR AT EAST ROOM 2ND STORY APT. #2.
2005-02-09HPD class B: SECTION 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF VERMIN - MICE AND ROACHES KITCHEN AND BATHROOM 3RD STY APT.
2005-02-09HPD class C: SECTION 27-2018 ADMIN. CODE: ABATE THE NUISNACE CONSISTING OF RODENTS 3RD STY APT 2 (RATS).
2005-02-09HPD class B: SECTION 27-2005, 2007 ADMIN. CODE: REMOVE ALL ENCUMBRANCES CONSISTING OF HOUSE HOLD ARTICLES 3RD STORY PUBLIC HALL.
2004
2004-02-20DEEDO — from DR. FRED LANE to 529 NOSTRAND AVENUE CORP
1991
1991-12-18Mortgage assigned — from LANE, FRED L JR to CAPITAL INVESTMENT CO
1991-11-12Mortgage assigned — from LANE, FRED L JR to APAL HOLDING CO
1991-07-03Mortgage $112,640 — from LANE, FRED to CAPITAL INVESTMENT CO$112,640
1986
1986-12-24Mortgage $450,000 — from LANE, FRED to 538 NOSTRAND AVE CORP; 1490 FULTON ST CORP$450,000
1983
1983-07-08Mortgage $46,000 — from LANE, FRED to ATLANTIC FULTON CORP$46,000
1983-07-08Mortgage $10,000 — from LANE, FRED to ATLANTIC FULTON CORP$10,000
1983-07-08Deed — from CARDINAL REALTY CO INC to LANE, FRED