The city's published records show little recorded distress here in the last three years. More recorded distress than 77% 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 1.3. 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
1 total — 0 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2014-05-12.
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: Non (1) · WATER LEAK (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
2025-12-26
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
$348,000
$156,600
2026
$418,000
$188,100
2027
$502,000
$225,900
The city's market estimate has risen
44% 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 · 350 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
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
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
2013-11-25
Mortgage $1,375,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$1,375,000
2012-11-16
Mortgage $1,158,680 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$1,158,680
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
Agreement $2,575,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$2,575,000
2012-11-16
Deed $883,500 — from 525-7 NOSTRAND LLC to RIGHT ON NOSTRAND AVE LLC
$883,500
2010-08-04
Mortgage $280,000 — from 525-7 NOSTRAND LLC to CROSS RIVER BANK
$280,000
Ten-year activity
2001000
2017
2018
2019
2020
2021
116
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
2
0
3
5
2018
0
5
0
2
7
2019
0
7
0
2
9
2020
1
68
0
1
70
2021
0
32
0
1
33
2022
0
109
5
2
116
2023
2
6
0
2
10
2024
0
1
1
2
4
2025
0
4
3
2
9
2026
0
0
0
1
1
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
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
2014-10-17AL&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
2014-10-15TL&R — from NEW YORK COMMUNITY BANK
2014-10-01311: HEAT/HOT WATER — APARTMENT ONLY
2014-10-01Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2014-06-25311: Homeless Encampment — N/A
2014-05-14311: HEAT/HOT WATER — ENTIRE BUILDING
2014-05-14Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2014-05-12HPD class C: SECTION 27-2024 ADMIN. CODE: PROVIDE ADEQUATE SUPPLY OF HOT WATER FOR THE FIXTURES AT KITCHEN AND BATHROOM IN THE ENTIRE APARTMENT LOCATED A
2014-05-12HPD class B: SECTION 27-2046.1, 2046.2 HMC: PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE