The city's published records show little recorded distress here in the last three years. More recorded distress than 79% 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 3.3. 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 2024–25: 2).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
6 service requests in the last three years. Most common: Noise (2) · Curb Condition (1) · Street Condition (1) · Blocked Driveway (1) · HEAT/HOT WATER (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
No
Built before 1974 (2012)
No
Six or more residential units (3)
No
421-a / J-51 tax benefit on the current tax roll
0 of 3 signals present. None of the common signals are present — stabilization is unlikely (though never impossible). 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)
WATERCOLOR HOLDINGS LLC
Head officer
SARI BUCHANAN
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
$4,354,000
$261,240
2026
$4,554,000
$273,240
2027
$3,967,000
$238,020
The city's market estimate has fallen
9% between tax years 2025 and 2027.
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 6 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 · 150 ft straight-line (about a 1-minute walk) · station accessibility: none Marcy Av — J M Z · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: full
Bus
Nearest boarding stop: S 5 St / Keap St — B60 · 200 ft
Citi Bike
Division Ave & Hooper St · 300 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.
6 311 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: $3,149,250 on
2015-03-20 (lender: People's United Bank), covering 2 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
2017-06-21
Deed $3,150,000 — from 385 BROADWAY REALTY CORP to WATERCOLOR HOLDINGS LLC
$3,150,000
2017-06-16
Sold for $3,150,000
$3,150,000
$1,050,000
2015-03-20
Mortgage $3,149,250 — from 385 BROADWAY REALTY CORP., to PEOPLE'S UNITED BANK
$3,149,250
2015-03-20
Agreement $7,750,000 — from 385 BROADWAY REALTY CORP., to PEOPLE'S UNITED BANK
$7,750,000
2014-09-10
Agreement $850,000 — from 385 BROADWAY REALTY CORP to ENGLEWOOD FINANCIAL GROUP, LLC
$850,000
2014-09-10
AL&R $850,000 — from 385 BROADWAY REALTY CORP to ENGLEWOOD FINANCIAL GROUP, LLC
$850,000
2014-09-10
Mortgage $250,000 — from 385 BROADWAY REALTY CORP to ENGLEWOOD FINANCIAL GROUP, LLC
$250,000
Ten-year activity
20100
2017
15
2018
2019
2020
2021
2022
2023
2024
2025
2026
Housing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Housing & tenants
Ownership & money
Health & systems
Total
2017
2
4
0
6
2018
14
0
1
15
2019
7
0
0
7
2020
10
0
0
10
2021
4
0
0
4
2022
5
0
0
5
2023
8
0
0
8
2024
7
0
0
7
2025
1
0
0
1
2026
2
3
0
5
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2017-06-21PREL — from PEOPLE'S UNITED BANK to 385 BROADWAY REALTY CORP
2017-06-21EASE — from 385 BROADWAY REALTY CORP. to WATERCOLOR HOLDINGS LLC
2017-06-21Deed $3,150,000 — from 385 BROADWAY REALTY CORP to WATERCOLOR HOLDINGS LLC$3,150,000
2017-06-16Sold for $3,150,000$3,150,000
2016
2016-11-29HPD 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
2015-03-20Mortgage assigned — from ENGLEWOOD FINANCIAL GROUP,LLC to PEOPLE'S UNITED BANK
2015-03-20Mortgage $3,149,250 — from 385 BROADWAY REALTY CORP., to PEOPLE'S UNITED BANK$3,149,250
2015-03-20Agreement $7,750,000 — from 385 BROADWAY REALTY CORP., to PEOPLE'S UNITED BANK$7,750,000
2015-03-20TL&R — from 385 BROADWAY REALTY CORP., to ENGLEWOOD FINANCIAL GROUP,LLC
2015-03-05HPD 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
2014
2014-09-10Agreement $850,000 — from 385 BROADWAY REALTY CORP to ENGLEWOOD FINANCIAL GROUP, LLC$850,000
2014-09-10AL&R $850,000 — from 385 BROADWAY REALTY CORP to ENGLEWOOD FINANCIAL GROUP, LLC$850,000
2014-09-10Mortgage $250,000 — from 385 BROADWAY REALTY CORP to ENGLEWOOD FINANCIAL GROUP, LLC$250,000
2014-03-05Permit EQ — ISSUED
2014-03-05Permit NB — ISSUED
2014-01-27Permit NB — ISSUED
2014-01-27Permit EQ — ISSUED
2013
2013-12-18Permit PL — ISSUED
2013-02-19Permit NB — RE-ISSUED
2013-02-19Permit EQ — RE-ISSUED
2013-02-01Permit EQ — ISSUED
2013-02-01Permit NB — ISSUED
2012
2012-12-11Permit PL — ISSUED
2012-11-26PREL — from ENGLEWOOD FINANCIAL GROUP, LLC to 385 BROADWAY REALTY CORP., C/O EURIPIDES
2012-10-26Permit PL — ISSUED
2012-08-10Permit NB — ISSUED
2012-08-10Permit FO — ISSUED
2012-08-10Permit FO — ISSUED
2012-08-03Permit EQ — ISSUED
2012-02-21Permit NB — RE-ISSUED
2012-02-21Permit EQ — RE-ISSUED
2011
2011-11-14Permit NB — ISSUED
2011-11-14Permit EQ — ISSUED
2011-05-11311: Construction Safety Enforcement — Excavation Tracking Complaint