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 8. In ZIP 11205, 49% of residential buildings hold an A and
13% 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
4 heat or hot-water complaints in the last three years (winter 2025–26: 4).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
15 service requests in the last three years. Most common: Illegal Parking (5) · Noise (3) · HEAT/HOT WATER (2) · Lead (1) · WATER LEAK (1) · General Construction/Plumbing (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 (1901)
No
Six or more residential units (3)
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)
ARASUN 73 CARLTON LLC
Head officer
Aradhana Sarin
Managing agent
MRE Property Management LLC
Last registered
2025-07-08
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
$2,708,000
$162,480
2026
$2,682,000
$160,920
2027
$2,856,000
$171,360
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
DeKalb Av — B Q R · 0.5 mi straight-line (about a 14-minute walk) · station accessibility: full Fulton St — G · 0.6 mi straight-line (about a 15-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Park Av / Carlton Av — B62 · 100 ft
Citi Bike
Carlton Ave & Park Ave · 150 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.
15 311 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: $1,040,000 on
2015-03-20 (lender: First Republic Bank). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2020-06-22
Agreement $645,000 — from ARASUN 73 CARLTON LLC to FIRST REPUBLIC BANK
$645,000
2015-03-20
Deed $1,600,000 — from SEA BREEZE EQUITIES LLC to ARASUN REAL ESTATE LLC
$1,600,000
2015-03-20
Mortgage $1,040,000 — from ARASUN REAL ESTATE LLC to FIRST REPUBLIC BANK
$1,040,000
2013-12-09
Deed $650,000 — from NICHOLS, LEONARDO E JR. to SEABREEZE EQUITIES LLC
$650,000
2013-12-09
Mortgage $550,000 — from SEABREEZE EQUITIES LLC to STEPPING STONE EQUITY MANAGEMENT L.P.
$550,000
2007-01-12
Mortgage $480,000 — from NICHOLS, LEONARDO E JR to MERS, INC.
$480,000
2005-07-21
Mortgage $370,000 — from NICHOLS, JR., LEONARDO E to DBA SOMERSET MORTGAGE BANKERS; SOMERSET INVESTORS CORP.
$370,000
2000-06-22
Mortgage $260,000 — from NICHOLS, LEONARDO E; REYES, ORLANDO E JR to EQUICREDIT
$260,000
1996-03-21
Mortgage $178,119 — from NICHOLS, LEONARDO EJR; REYES, ORLANDO E to MADISON HOME EQUITIES INC
$178,119
Ten-year activity
1050
2017
2018
2019
2020
2021
2022
2023
2024
2025
10
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
5
0
1
6
2018
0
3
2
0
5
2019
0
1
0
2
3
2020
0
1
1
0
2
2021
0
4
0
0
4
2022
0
4
1
0
5
2023
0
1
0
0
1
2024
0
4
0
0
4
2025
1
7
0
0
8
2026
0
10
0
0
10
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2022-02-23HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2022-02-16Mortgage satisfied — from ARASUN 73 CARLTON LLC to FIRST REPUBLIC BANK
2021
2021-11-15Bedbug filing: 0 infested units
2021-10-04311: Dirty Condition — Trash
2021-05-14311: Illegal Parking — Blocked Bike Lane
2021-03-13Bedbug filing: 0 infested units
2020
2020-07-04Bedbug filing: 0 infested units
2020-06-22Agreement $645,000 — from ARASUN 73 CARLTON LLC to FIRST REPUBLIC BANK$645,000
2018-03-13Deed — from ARASUN REAL ESTATE LLC to ARASUN 73 CARLTON LLC
2018-02-23Deed transfer (nominal price)
2017
2017-10-19311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2017-10-15311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2017-07-22Rodent inspection: Passed
2017-07-01311: Rodent — Rat Sighting
2017-04-30311: Water System — Dirty Water (WE)
2017-04-30311: Water System — Dirty Water (WE)
2015
2015-12-21HPD class B: SECTION 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FRO
2015-03-20Deed $1,600,000 — from SEA BREEZE EQUITIES LLC to ARASUN REAL ESTATE LLC$1,600,000
2015-03-20Mortgage $1,040,000 — from ARASUN REAL ESTATE LLC to FIRST REPUBLIC BANK$1,040,000
2015-01-23Permit EW — ISSUED
2014
2014-05-30Permit EW — ISSUED
2014-04-05DOB complaint, category ?
2014-04-05DOB complaint, category ?
2014-04-03Permit PL — ISSUED
2014-04-03Permit EW — ISSUED
2014-04-03Job filed: FILING FOR RENOVATION OF EXISTING THREE FAMILY DWELLING. RE-LAMINATION OF WALLS, NEW FLOORING, INTERIOR DOORS, PARTITIONS, & NEW PLUMBING ONTO EXI$217,250
2014-04-03Job filed: FILING FOR RENOVATION OF EXISTING THREE FAMILY DWELLING. RE-LAMINATION OF WALLS, NEW FLOORING, INTERIOR DOORS, PARTITIONS, & NEW PLUMBING ONTO EXI$217,250
2014-01-15Mortgage satisfied — from NICHOLS, LEONARDO E JR to WELLS FARGO BANK NATIONAL ASSOCIATION; CARRINGTON MORTGAGE LOAN TRUST; JPMORGAN CHASE BANK
2013
2013-12-09Deed $650,000 — from NICHOLS, LEONARDO E JR. to SEABREEZE EQUITIES LLC$650,000
2013-12-09Mortgage $550,000 — from SEABREEZE EQUITIES LLC to STEPPING STONE EQUITY MANAGEMENT L.P.$550,000
2010
2010-03-16Mortgage assigned — from MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; FREMONT INVESTMENT & LOAN to WELLS FARGO BANK, NA
2007
2007-01-18Mortgage satisfied — from NICHOLS, LEONARDO E JR to SOMERSET INVESTORS CORP.; SOMERSET MORTGAGE BANKERS; MORTGAGE ELECTRONIC REGISTRATION SYST
2007-01-12Mortgage $480,000 — from NICHOLS, LEONARDO E JR to MERS, INC.$480,000
2006
2006-10-01HPD class B: SECTION 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FRO
2005
2005-07-27Mortgage satisfied — from REYES, ORLANDO E; NICHOL, LEONARDO E JR. to EQUICREDIT
2005-07-21Deed — from NICHOLS JR., LEONARDO E; REYES, ORLANDO E to NICHOLS, LEONARDO E
2005-07-21Mortgage $370,000 — from NICHOLS, JR., LEONARDO E to DBA SOMERSET MORTGAGE BANKERS; SOMERSET INVESTORS CORP.$370,000
2000
2000-08-03HPD class C: SECTION 27-2005, 2007 ADM CODE REMOVE THE ILLEGAL FASTENING DOUBLE CYLINDER KEY OPERATED LOCK INSTALLED AT FRONT ENTRANCE DOOR TO BUILDING A
2000-06-22Mortgage $260,000 — from NICHOLS, LEONARDO E; REYES, ORLANDO E JR to EQUICREDIT$260,000
2000-06-06Mortgage satisfied — from NICHOLS, LEONARDO EJR; REYES, ORLANDO E to MADISON HOME EQUITIES INC
1996
1996-12-18Mortgage assigned — from PRUDENTIAL HOME MORTGAGE CO, INC to NORWEST MORTGAGE INC.
1996-03-21Mortgage $178,119 — from NICHOLS, LEONARDO EJR; REYES, ORLANDO E to MADISON HOME EQUITIES INC$178,119
1996-03-21Mortgage assigned — from MADISON HOME EQUITIES INC to PRUDENTIAL HOME MORTGAGE CO, INC
1996-03-21Deed — from HOWARD REAL ESTATE LTD to NICHOLS, LEONARDO E.JR.; REYES, ORLANDO E.
1996-02-09Deed — from GOODE, ADA M to HOWARD REAL ESTATE LTD
1996-02-09PAT — from GOODE, ADA M to FILOSA, DAVID PAUL