A modest record — below the level that usually signals systemic problems. More recorded distress than 84% 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 11.3. In ZIP 11211, 58% of residential buildings hold an A and
7% 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
2 heat or hot-water complaints in the last three years (winter 2023–24: 2).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
36 service requests in the last three years. Most common: Noise (30) · Illegal Parking (2) · ELECTRIC (1) · HEAT/HOT WATER (1) · Water System (1) · Dirty Condition (1).
Filed construction activity
$1,362,422 in permitted construction work filed since
2016 (8 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 (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)
337 South 4th Street, LLC
Head officer
AARON KLINE
Managing agent
TRUE MANAGEMENT
Last registered
2025-09-26
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
$3,288,000
$197,280
2026
$3,439,000
$206,340
2027
$3,645,000
$218,700
The city's market estimate has risen
11% between tax years 2025 and 2027.
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.
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
Hewes St — J M · 600 ft straight-line (about a 3-minute walk) · station accessibility: none Marcy Av — J M Z · 950 ft straight-line (about a 5-minute walk) · station accessibility: full
Bus
Nearest boarding stop: S 4 St / Hooper St — B60 · 250 ft
Citi Bike
S 4 St & Rodney St · 500 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)
Elementary: 319 (K-1), 414 (K-5). 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.
36 311 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: $150,000 on
2005-05-04 (lender: Fleet National 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
2023-12-06
Mortgage $7,974,031 — from 201 NASSAU AVENUE LLC; 247 NASSAU AVENUE LLC; 176 BAYARD STREET LLC; 31 ORIENT AVENUE LLC; to RCG LV DEBT VII REIT, LLC
$7,974,031
2023-12-06
Agreement $12,746,548 — from 337 SOUTH 4TH STREET LLC; 201 NASSAU AVENUE LLC; 331 S. 4TH STREET LLC; 271 AINSLIE STREET to RCG LV DEBT VII REIT, LLC; FIDELITY BANK, N.A.
$12,746,548
2022-02-22
Mortgage $12,746,548 — from 337 SOUTH 4TH STREET LLC; 589 METROPOLITAN AVENUE LLC; 176 BAYARD STREET LLC; 271 AINSLIE to RCG LV DEBT VII REIT, LLC
$12,746,548
2022-02-22
AL&R $1,851,417 — from 201 NASSAU AVENUE LLC; 31 ORIENT AVENUE LLC; 181 MESEROLE AVENUE LLC; 68 ECKFORD STREET LL to RCG LV DEBT VII REIT, LLC
$1,851,417
2022-02-22
Mortgage $1,851,417 — from 316 S. 4TH STREET LLC; 136 BAYARD STREET LLC; 201 NASSAU AVENUE LLC; 31 ORIENT AVENUE LLC; to RCG LV DEBT VII REIT, LLC
$1,851,417
2022-02-22
AL&R $12,746,548 — from 181 MESEROLE AVENUE LLC; 316 S. 4TH STREET LLC; 136 BAYARD STREET LLC; 589 METROPOLITAN AV to RCG LV DEBT VII REIT, LLC
$12,746,548
2022-02-22
Mortgage $10,680,599 — from 181 MESEROLE AVENUE LLC; 201 NASSAU AVENUE LLC; 331 S. 4TH STREET LLC; 589 METROPOLITAN AV to RCG LV DEBT VII REIT, LLC
$10,680,599
2022-02-22
AL&R $10,680,599 — from 316 S. 4TH STREET LLC; 271 AINSLIE STREET LLC; 331 S. 4TH STREET LLC; 31 ORIENT AVENUE LLC to RCG LV DEBT VII REIT, LLC
$10,680,599
2019-05-28
Deed $2,400,000 — from FALCON, MEL ANDREW; FALCON, YOLANDA to 337 SOUTH 4TH STREET LLC
$2,400,000
2019-05-17
Sold for $2,400,000
$2,400,000
$800,000
2005-05-04
Mortgage $150,000 — from FALCON, ANGEL I; FALCON, ADA I to FLEET NATIONAL BANK
$150,000
1994-11-28
Mortgage $15,000 — from FALCON, ANGEL M to CHEMICAL BANK
$15,000
Ten-year activity
100500
2017
2018
70
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
2
2
0
0
4
2018
0
0
15
0
1
16
2019
3
0
64
3
0
70
2020
0
0
30
2
0
32
2021
2
0
24
3
0
29
2022
5
2
15
6
0
28
2023
4
0
21
6
0
31
2024
1
1
7
0
0
9
2025
0
0
17
3
0
20
2026
2
0
13
0
0
15
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-09-10PREL — from PJC MONTY LLC; RCG LV DEBT VII REIT, LLC; CDB HOLDINGS LLC to 589 METROPOLITAN AVENUE LLC; 337 SOUTH 4TH STREET LLC
2025-09-10PREL — from RCG LV DEBT VII REIT, LLC; CDB HOLDINGS LLC; PJC MONTY LLC to 589 METROPOLITAN AVENUE LLC; 337 SOUTH 4TH STREET LLC
2025-09-10PREL — from CDB HOLDINGS LLC; RCG LV DEBT VII REIT, LLC; PJC MONTY LLC to 589 METROPOLITAN AVENUE LLC; 337 SOUTH 4TH STREET LLC
2025-06-18Bedbug filing: 0 infested units
2025-06-10HPD 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
2024-04-11HPD 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
2024-03-04Job filed: INSTALL NEW SPRINKLER SYSTEM AND RELATED PIPING AS PER DRAWING.$14,800
2023-12-21311: Water System — Leak (Use Comments) (WA2)
2023-12-06Mortgage assigned — from RCG LV DEBT VII REIT, LLC to CDB HOLDINGS LLC
2023-12-06Mortgage assigned — from RCG LV DEBT VII REIT, LLC to CDB HOLDINGS LLC
2023-12-06Mortgage assigned — from RCG LV DEBT VII REIT, LLC to CDB HOLDINGS LLC
2023-12-06Mortgage $7,974,031 — from 201 NASSAU AVENUE LLC; 247 NASSAU AVENUE LLC; 176 BAYARD STREET LLC; 31 ORIENT AVENUE LLC; to RCG LV DEBT VII REIT, LLC$7,974,031
2023-12-06TL&R — from RCG LV DEBT VII REIT, LLC to 201 NASSAU AVENUE LLC; 337 SOUTH 4TH STREET LLC; 136 BAYARD STREET LLC; 176 BAYARD STREET
2023-12-06Agreement $12,746,548 — from 337 SOUTH 4TH STREET LLC; 201 NASSAU AVENUE LLC; 331 S. 4TH STREET LLC; 271 AINSLIE STREET to RCG LV DEBT VII REIT, LLC; FIDELITY BANK, N.A.$12,746,548
2023-03-24HPD 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
2023-03-20Job filed: INSTALLATION OF NEW PLUMBING FIXTURES AS PER DRAWINGS.$10,800
2022-12-01311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2022-12-01DOB complaint, category ?
2022-11-30Job filed: Supported Scaffolding installed atop a heavy-duty sidewalk shed at the front of 337 south 4th street. Supported scaffolding installed at the rear of t$3,500
2022-11-30Job filed: This application is for a heavy-duty sidewalk shed to be installed at the front of 337 South 4th street as per the attached documents.$4,500
2022-11-10311: Abandoned Bike — Chained to Public Property
2022-11-07HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2022-03-02HPD 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
2022-03-02HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2022-02-22Mortgage $12,746,548 — from 337 SOUTH 4TH STREET LLC; 589 METROPOLITAN AVENUE LLC; 176 BAYARD STREET LLC; 271 AINSLIE to RCG LV DEBT VII REIT, LLC$12,746,548
2022-02-22AL&R $1,851,417 — from 201 NASSAU AVENUE LLC; 31 ORIENT AVENUE LLC; 181 MESEROLE AVENUE LLC; 68 ECKFORD STREET LL to RCG LV DEBT VII REIT, LLC$1,851,417
2022-02-22Mortgage $1,851,417 — from 316 S. 4TH STREET LLC; 136 BAYARD STREET LLC; 201 NASSAU AVENUE LLC; 31 ORIENT AVENUE LLC; to RCG LV DEBT VII REIT, LLC$1,851,417
2022-02-22AL&R $12,746,548 — from 181 MESEROLE AVENUE LLC; 316 S. 4TH STREET LLC; 136 BAYARD STREET LLC; 589 METROPOLITAN AV to RCG LV DEBT VII REIT, LLC$12,746,548
2022-02-22Mortgage $10,680,599 — from 181 MESEROLE AVENUE LLC; 201 NASSAU AVENUE LLC; 331 S. 4TH STREET LLC; 589 METROPOLITAN AV to RCG LV DEBT VII REIT, LLC$10,680,599
2022-02-22AL&R $10,680,599 — from 316 S. 4TH STREET LLC; 271 AINSLIE STREET LLC; 331 S. 4TH STREET LLC; 31 ORIENT AVENUE LLC to RCG LV DEBT VII REIT, LLC$10,680,599
2021-06-17Job filed: BUILDERS PAVEMENT PLAN FILED IN CONJUNCTION WITH APPLICATION # 321701690. NO CHANGE TO USE, EGRESS OR OCCUPANCY PROPOSED UNDER THIS APPLICATION.
2021-06-17Job filed: BUILDERS PAVEMENT PLAN FILED IN CONJUNCTION WITH APPLICATION # 321701690. NO CHANGE TO USE, EGRESS OR OCCUPANCY PROPOSED UNDER THIS APPLICATION.
2021-04-23CERT — from CHICAGO TITLE INSURANCE COMPANY
2021-04-13HPD 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
2021-04-13HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2019-10-31HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2019-09-12Job filed: INTERIOR MODIFICATION AND VERTICAL EXTENSION OF THE EXISTING RESIDENTIAL BUILDING AS PER DRAWINGS HEREWITH FILED. DOBNOW B00464244, B00345858, B003458$399,375
2019-09-12Job filed: A1$515,272
2019-09-12Job filed: INTERIOR MODIFICATION AND VERTICAL EXTENSION OF THE EXISTING RESIDENTIAL BUILDING AS PER DRAWINGS HEREWITH FILED. DOBNOW B00464244, B00345858, B003458$399,375
2019-06-13Mortgage satisfied — from FALCON, ADA I; FALCON, ANGEL M to FLEET NATIONAL BANK; BANK OF AMERICA, N.A.; FIRST AMERICAN MORTGAGE SOLUTIONS, LLC
2019-05-28Deed $2,400,000 — from FALCON, MEL ANDREW; FALCON, YOLANDA to 337 SOUTH 4TH STREET LLC$2,400,000
2019-05-17Sold for $2,400,000$2,400,000
2018
2018-12-13Rodent inspection: Passed
2018-10-19HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2015-10-14HPD class I: SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER