A sustained record of distress well beyond its peers. More recorded distress than 97% 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 63.3. 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
3 total — 1 class C (immediately hazardous), 2 class B, 0 class A. Oldest open since 2012-04-21.
status snapshot refreshed weekly from HPD records
Patterns
3 heat or hot-water complaints in the last three years (winter 2025–26: 3).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
55 service requests in the last three years. Most common: Noise (44) · Dirty Condition (4) · Snow or Ice (3) · Homeless Person Assistance (1) · HEAT/HOT WATER (1) · Non (1).
Filed construction activity
$20,000 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 (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
$1,277,000
$76,620
2026
$1,182,000
$70,920
2027
$1,343,000
$80,580
The city's market estimate has risen
5% 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 · 250 ft · Select Bus Service
Citi Bike
Verona Pl & Fulton St · 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.
55 311 service requests from this address in the last three years — 1 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: $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
Deed $2,925,000 — from RIGHT ON NOSTRAND AVE LLC to 525 NOSTRAND LLC
$2,925,000
2014-10-17
Mortgage $244,631 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK
$244,631
2014-10-17
Agreement $2,727,692 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK
$2,727,692
2014-10-17
AL&R $2,727,692 — from 525 NOSTRAND LLC to NEW YORK COMMUNITY BANK
$2,727,692
2014-10-17
Agreement $3,625,000 — from NEW YORK COMMUNITY BANK to 525 NOSTRAND LLC; 991 PACIFIC LLC
$3,625,000
2013-11-25
Mortgage $1,375,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$1,375,000
2012-11-16
AL&R $2,575,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$2,575,000
2012-11-16
Mortgage $1,158,680 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK
$1,158,680
2012-11-16
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
Agreement $960,000 — from 525-7 NOSTRAND LLC to CROSS RIVER BANK
$960,000
Ten-year activity
2001000
2017
2018
2019
2020
2021
178
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
3
0
5
8
2018
0
2
0
2
4
2019
0
6
0
2
8
2020
0
1
0
2
3
2021
1
34
0
2
37
2022
0
170
5
3
178
2023
5
17
0
4
26
2024
1
10
1
5
17
2025
0
26
3
4
33
2026
0
22
0
3
25
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2012-11-16Mortgage assigned — from CROSS RIVER BANK to NEW YORK COMMUNITY BANK
2012-11-16AL&R $2,575,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK$2,575,000
2012-11-16Mortgage $1,158,680 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK$1,158,680
2012-11-16Agreement $2,575,000 — from RIGHT ON NOSTRAND AVE LLC to NEW YORK COMMUNITY BANK$2,575,000
2012-11-16TL&R — from CROSS RIVER BANK to 525-7 NOSTRAND LLC
2012-11-16Deed $883,500 — from 525-7 NOSTRAND LLC to RIGHT ON NOSTRAND AVE LLC$883,500
2012-07-21311: Food Establishment — Letter Grading
2012-07-09311: Other Enforcement — E6 Commercial Waste Disposal
2012-04-21HPD class C: § 27-2005 ADMIN. CODE: REMOVE THE ILLEGAL FASTENING DOUBLE CYLINDER KEY OPERATED LOCK ON DOOR IN THE ENTRANCE LOCATED AT APT 2, 2nd STORY, A
2012-04-21HPD class B: § 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD CABINET AT WASH BASIN IN THE BATHROOM LOCATED AT A
2012-04-21HPD class B: § 27-2046.1, 2046.2 HMC: PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE LAW A
2012-04-19311: ELECTRIC — LIGHTING
2012-04-19311: ELECTRIC — ELECTRIC-WIRING
2012-04-19311: GENERAL CONSTRUCTION — WINDOW GUARDS
2012-04-19311: ELECTRIC — LIGHTING
2012-04-19311: GENERAL CONSTRUCTION — WINDOWS
2012-04-19311: PAINT - PLASTER — WALLS
2012-04-19311: GENERAL CONSTRUCTION — CABINETS
2012-04-19Tenant complaint: ELECTRIC — LIGHTING
2012-04-19Tenant complaint: GENERAL — CABINET
2012-04-19Tenant complaint: PAINT/PLASTER — WALL
2012-04-19Tenant complaint: GENERAL — WINDOW GUARDS
2011-06-06311: General Construction/Plumbing — Failure To Maintain
2011-06-06DOB complaint, category ?
2010
2010-11-01Rodent inspection: Bait applied
2010-10-29Permit EW — ISSUED
2010-10-28Rodent inspection: Bait applied
2010-10-28Rodent inspection: Bait applied
2010-10-28Rodent inspection: Bait applied
2010-10-15Job filed: TO INSTALL NEW FIRE SUPPRESSION SYSTEM. GAS SHUT-OFF VALVE FILE UNDER APPLICATION #320154765. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICA$3,000
2010-10-15Job filed: TO INSTALL NEW FIRE SUPPRESSION SYSTEM. GAS SHUT-OFF VALVE FILE UNDER APPLICATION #320154765. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICA$3,000
2010-09-02Permit EW — ISSUED
2010-08-04Deed — from PROMENADE DEVELOPMENT LLC to 525-7 NOSTRAND LLC
2010-08-04Agreement $960,000 — from 525-7 NOSTRAND LLC to CROSS RIVER BANK$960,000
2010-08-04AL&R $960,000 — from 525-7 NOSTRAND LLC to CROSS RIVER BANK$960,000
2010-08-04Mortgage assigned — from PRIME MANAGEMENT CORP. OF LONG ISLAND to CROSS RIVER BANK
2010-08-04Mortgage $280,000 — from 525-7 NOSTRAND LLC to CROSS RIVER BANK$280,000
2010-08-04Agreement $680,000 — from 525-7 NOSTRAND LLC to CROSS RIVER BANK$680,000
2010-06-03Permit PL — ISSUED
2010-06-03Permit EW — ISSUED
2010-05-10Job filed: PROPOSED INSTALLATION OF KITCHEN EQUIPMENT AND LAMINATION OF EXISITING WALLS IN THE COMMERCIAL SECTION OF A MIXED-USE BUILDING. NO CHANGE IN USE, EGRE$127,770
2010-05-10Job filed: PROPOSED INSTALLATION OF KITCHEN EQUIPMENT AND LAMINATION OF EXISITING WALLS IN THE COMMERCIAL SECTION OF A MIXED-USE BUILDING. NO CHANGE IN USE, EGRE$127,770
2010-05-10Job filed: PROPOSED INSTALLATION OF KITCHEN EQUIPMENT AND LAMINATION OF EXISITING WALLS IN THE COMMERCIAL SECTION OF A MIXED-USE BUILDING. NO CHANGE IN USE, EGRE$127,770
2010-05-02311: General Construction/Plumbing — Building Permit - None
2010-05-02DOB complaint, category ?
2009
2009-12-31DOB violation LBLVIO:
2008
2008-08-19Tenant complaint: GENERAL — STAIRS
2008-08-19Tenant complaint: PAINT/PLASTER — WALL
2008-08-19Tenant complaint: GENERAL — STAIRS
2008-08-19Tenant complaint: NONCONST — VERMIN
2008-08-19Tenant complaint: PAINT/PLASTER — WALL
2008-08-19Tenant complaint: NONCONST — VERMIN
2008-08-19Tenant complaint: NONCONST — RUBBISH
2008-08-19Tenant complaint: GENERAL — STAIRS
2008-08-19Tenant complaint: GENERAL — VENTILATION SYSTEM
2008-01-09Permit EW — ISSUED
2008-01-03DOB violation LL6291:
2007
2007-12-05Job filed: Install new 3 boilers at cellar level. all as per plan. no change in use egress or occupancy.$15,000
2007-10-31Permit PL — ISSUED
2007-10-03Permit EW — ISSUED
2007-09-04DOB complaint, category ?
2007-07-16Permit EW — ISSUED
2007-03-13DOB complaint, category ?
2006
2006-05-19Permit EW — ISSUED
2006-05-03Permit EW — ISSUED
2006-04-04Job filed: MINOR INTERIOR RENOVATION TO EXISTING BUILDING, MISC. PARTITION WORK, REPLACE PLUMBING FIXTURES, ALL AS PER PLANS FILED. NO CHANGE IN USE, EGRESS OR O$6,000
2006-03-30Deed $455,000 — from LANE, DR FRED to PROMENADE DEVELOPMENT LLC$455,000
2006-03-30PREL — from CAPITAL INVESTMENT COMPANY to LANE, DR FRED
2006-03-30TL&R — from CAPITAL INVESTMENT COMPANY to LANE, A/K/A/ FRED L JR; LANE, DR FRED
2006-03-30TL&R — from APAL HOLDING CO. to LANE, DR FRED; LANE, A/K/A/ FRED L JR
2006-03-30Mortgage assigned — from LANE, DR FRED to PRIME MANAGEMENT CORP OF LONG ISLAND
2006-03-30Deed — from 525 NOSTRAND AVENUE CORP to LANE, DR FRED
2006-03-30Mortgage satisfied — from LANE, DR FRED to HERKIMER ATLANTIC REALTY CORP
2006-03-30Mortgage satisfied — from LANE, DR FRED to HERKIMER ATLANTIC REALTY CORP
2006-03-30PREL — from 1490 FULTON STREET CORP to 538 NOSTRAND AVENUE CORP; CAPITAL INVESTMENT COMPANY
2005
2005-01-31DOB violation LL6291:
2004
2004-02-20DEEDO — from DR. FRED LANE to 525 NOSTRAND AVENUE CORP
2004-02-13DOB violation LL6291:
2003
2003-03-19DOB violation LL6291:
2002
2002-03-26DOB violation LL6291:
2001
2001-02-27DOB violation LL6291:
2000
2000-02-07DOB violation LL6291:
1999
1999-07-22Deed — from LANE, DOROTHY P to LANE, DOROTHY P
1999-03-16DOB violation LL6291:
1998
1998-05-04DOB violation LL6291:
1997
1997-09-16DOB violation LL6291:
1997-02-10DOB violation LL6291:
1994
1994-06-01DOB violation LL6291:
1994-02-10Permit EW — ISSUED
1994-02-10Permit EW — ISSUED
1993
1993-10-08ECB Non-Hazardous violation: OCCUPANCY CONTRARY TO BUILDING DEPT. RECORDS. UB 59-91, VACATE 12-91 PENDING NO C OF O ISSUED FOR THE BEAUTY SALOON AT THE 2ND FLO$350
1993-10-08ECB Non-Hazardous violation: WORK WITHOUT A PERMIT IN THAT HAVING INSTALLED A DROP CIELING AT THE 1ST FLOOR. (2) CONSTRUCTED A BATHROOM AT THE 1ST FLOOR, SOUTH$350
1993-10-05DOB complaint, category ?
1993-08-16DOB violation LL6291:
1993-06-01DOB violation LL6291:
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
1991-03-22Permit AL — ISSUED
1991-03-19DOB complaint, category ?
1986
1986-12-24Mortgage $450,000 — from LANE, FRED to 538 NOSTRAND AVE CORP; 1490 FULTON ST CORP$450,000
1983
1983-07-08Mortgage $61,000 — from LANE, FRED to HERKIMER ATLANTIC RTY CP$61,000
1983-07-08Deed — from CARDINAL REALTY CO INC to LANE, FRED
1983-07-08Mortgage $10,000 — from LANE, FRED to HERKIMER ATLANTIC RTY CP$10,000
1983-07-08Mortgage satisfied — from CARDINAL REALTY CO INC to MEDNICK, ANNA JANE; MEDNICK, ROSE
1982
1982-01-19Mortgage assigned — from MEDNICK, ANNA JANE; MEDNICK, ROSE to STATE MGMT CO.
1971
1971-11-08Mortgage — from CARDINAL REALTY CO INC to MEDNICK ROSE; MEDNICK ANNA J
1971-11-08Deed — from MEDNICK ANNA J; MEDNICK ROSE to CARDINAL REALTY CO INC