A modest record — below the level that usually signals systemic problems. More recorded distress than 60% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty
points per 10 units; this building carries 25.6. In ZIP 11204, 76% of residential buildings hold an A and
4% grade D or F.
How grades work
this building
A
B
C
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
Open with the city right now
Open HPD violations
7 total — 3 class C (immediately hazardous), 4 class B, 0 class A. Oldest open since 2010-01-25.
status snapshot refreshed weekly from HPD records
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
14 service requests in the last three years. Most common: Noise (8) · Illegal Parking (2) · WATER LEAK (1) · PAINT/PLASTER (1) · Dead Animal (1) · HEAT/HOT WATER (1).
Filed construction activity
$137,000 in permitted construction work filed since
2016 (4 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 (1931)
Yes
Six or more residential units (21)
No
421-a / J-51 tax benefit on the current tax roll
2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. 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)
SHEFA ESTATES OWNERS CORP
Head officer
STEPHEN WALLACH
Managing agent
LEEMAR MANAGEMENT CORP
Last registered
2025-09-05
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
$1,324,000
$595,800
2026
$1,390,000
$625,500
2027
$1,316,000
$592,200
The city's market estimate has fallen
1% between tax years 2025 and 2027.
Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this co-op
as if it were a rental building. Its 2022 estimate: gross income $291,368 a year
($15.40 per sq ft), operating expenses $122,412
($6.47 per sq ft), net operating income $168,956. These are the
city's estimates from comparable rentals, not the building's actual budget, rents or maintenance
charges.
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
20 Av — N · 500 ft straight-line (about a 2-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 18 Av / 66 St — B8 · 0.2 mi
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.
14 311 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: $665,615 on
2022-01-07 (lender: Dime Community Bank and The Dime Savings Bank Of Williamsburgh), covering 5 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
2022-03-14
RPTT&RET $260,000 — from CHEN, MU HUA to MEI, ZHEN XI
$260,000
2022-02-23
RPTT&RET $383,000 — from ZHANG, LIN QUAN; WU, HUI MIN to FANG, HAO YANG
$383,000
2022-02-02
Sold for $383,000
$383,000
$18,238
2022-01-07
Agreement $2,100,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH; DIME COMMUNITY BANK to SHEFA ESTATES OWNERS CORP.
$2,100,000
2022-01-07
Mortgage $665,615 — from SHEFA ESTATES OWNERS CORP. to DIME COMMUNITY BANK; THE DIME SAVINGS BANK OF WILLIAMSBURGH
$665,615
2017-05-17
RPTT&RET $230,000 — from HUANG, HUI FEN; WU, WEI FENG to WU, HUI MIN; ZHANG, LIN QUAN
$230,000
2017-05-05
Sold for $230,000
$230,000
$10,952
2014-12-03
RPTT&RET $177,576 — from SHEFA ESTATES REALTY CO., LLC to CHEN, MU HUA
$177,576
2014-10-15
Mortgage $220,922 — from SHEFA ESTATES OWNERS CORP. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$220,922
2014-10-15
Agreement $1,700,000 — from SHEFA ESTATES OWNERS CORP. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$1,700,000
2011-10-03
RPTT&RET $201,915 — from SHEFA ESTATES REALTY CO., LLC to YU, CHI TIM
$201,915
2010-06-22
RPTT&RET $150,000 — from MOY, SUE TING; MOY, SIU FONG PAULA to HUANG, HUI FEN; WU, WEI FENG
$150,000
2010-03-01
Agreement $1,600,000 — from SHEFA ESTATES OWNERS CORP. to SOVEREIGN BANK
$1,600,000
2010-03-01
Mortgage $267,133 — from SHEFA ESTATES OWNERS CORP. to SOVEREIGN BANK
$267,133
2008-06-05
RPTT&RET $200,000 — from ZHANG, ERIC; ZHANG, DENISE; CHUNG, CLARA XUE to WEN, SHU PING; LIN, ZHI JIAN
HPD class C: § 27-2029 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE ENTIRE APARTMENT LOCATED AT APT 2C, 2nd STORY, 1st APARTMENT
2026-01-24
HPD class C: HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 2C, 2nd STORY, 1st APARTMENT FROM
2026-01-24
HPD class B: § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN AC
2026-01-24
HPD class B: § 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVI
2026-01-24
HPD class C: § 27-2033 ADM CODE PROVIDE READY ACCESS TO BUILDINGS HEATING SYSTEM DOOR TO BOILER ROOM LOCKED AT BOILER ROOM
2026-01-21
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2026-01-24HPD class C: § 27-2029 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE ENTIRE APARTMENT LOCATED AT APT 2C, 2nd STORY, 1st APARTMENT
2026-01-24HPD class C: HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 2C, 2nd STORY, 1st APARTMENT FROM
2026-01-24HPD class B: § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN AC
2026-01-24HPD class B: § 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVI
2026-01-24HPD class C: § 27-2033 ADM CODE PROVIDE READY ACCESS TO BUILDINGS HEATING SYSTEM DOOR TO BOILER ROOM LOCKED AT BOILER ROOM
2026-01-21Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2023-11-09HPD class B: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... AT CEILING APPROX 4SQ.FT IN THE BATHROOM LOCATED AT APT
2023-11-09HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR CEILING AND WEST WALL IN THE BATHROOM LOCA
2023-11-09HPD class A: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... AT CEILING APPROX 4SQ.FT IN THE BATHROOM LOCATED AT APT
2023-11-09HPD class C: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE 1st ROOM FROM EAST LOCA
2023-11-09HPD class B: § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE 1st ROOM FROM EAST LOCATED AT APT 3
2023-11-09HPD class B: § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE BATHROOM LOCATED AT APT 3E, 3rd STO
2023-11-09HPD class A: § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT CEILING IN THE 2nd ROOM FROM EAST LOCATED AT APT 3E
2023-07-17FDNY inspection (RISK)
2022
2022-12-19Bedbug filing: 0 infested units
2022-10-23Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2022-10-23311: HEAT/HOT WATER — ENTIRE BUILDING
2022-06-06FDNY inspection (RISK)
2022-03-14RPTT&RET $260,000 — from CHEN, MU HUA to MEI, ZHEN XI$260,000
2022-02-23RPTT&RET $383,000 — from ZHANG, LIN QUAN; WU, HUI MIN to FANG, HAO YANG$383,000
2022-02-02Sold for $383,000$383,000
2022-01-07Agreement $2,100,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH; DIME COMMUNITY BANK to SHEFA ESTATES OWNERS CORP.$2,100,000
2022-01-07Mortgage $665,615 — from SHEFA ESTATES OWNERS CORP. to DIME COMMUNITY BANK; THE DIME SAVINGS BANK OF WILLIAMSBURGH$665,615
2022-01-05311: Illegal Parking — Blocked Hydrant
2021
2021-12-23Bedbug filing: 0 infested units
2021-05-20FDNY inspection (RISK)
2020
2020-12-14Bedbug filing: 0 infested units
2020-01-15311: Illegal Parking — Blocked Hydrant
2019
2019-12-05Bedbug filing: 0 infested units
2019-01-16Bedbug filing: 0 infested units
2018
2018-10-18Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2018-10-18311: HEAT/HOT WATER — ENTIRE BUILDING
2018-07-25Job filed: INTERIOR RENOVATION OF APT.2B WITH REPAIRING/REPLACING PARTITIONS ,FLOOR, CEILING, PAINTING, DOORS AND PLUMBING WORK AS PER PLAN. NO CHANGE IN USE, EG$39,000
2018-06-14Permit PL — ISSUED
2018-06-12Permit EW — ISSUED
2018-06-08Job filed: INTERIOR RENOVATION OF APT.2B WITH REPAIRING/REPLACING PARTITIONS ,FLOOR, CEILING, PAINTING, DOORS AND PLUMBING WORK AS PER PLAN. NO CHANGE IN USE, EG$39,000
2018-06-08Job filed: INTERIOR RENOVATION OF APT.2B WITH REPAIRING/REPLACING PARTITIONS ,FLOOR, CEILING, PAINTING, DOORS AND PLUMBING WORK AS PER PLAN. NO CHANGE IN USE, EG$39,000
2018-05-02HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2018-02-18Permit PL — ISSUED
2018-02-09Job filed: REPAIR GAS LEAKS AND REPLACE 20 HORIZONTAL FEEDS TO EXISTING GAS RISERS PER PLANS$20,000
2018-01-19HPD class C: § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF STEAM LEAK FROM RADIATOR AT SOUTH WALL AT PUBLIC HALL, 1st STORY
2018-01-19HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2018-01-19HPD class B: § 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE LOCATED AT APT 3A, 3rd STORY, 1st APARTMENT FROM EAST AT SOUTH
2018-01-19HPD class C: § 27-2070 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES GAS RANGE IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1st APA
2018-01-19HPD class B: § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING HANDRAIL AT WEST WALL OF STAIRS IN VESTIBULE AT PUBLIC HALL, 1st STORY
2018-01-12Tenant complaint: GENERAL — COOKING GAS
2018-01-12311: GENERAL — COOKING GAS
2017
2017-05-17RPTT&RET $230,000 — from HUANG, HUI FEN; WU, WEI FENG to WU, HUI MIN; ZHANG, LIN QUAN$230,000
2011-10-03RPTT&RET $201,915 — from SHEFA ESTATES REALTY CO., LLC to YU, CHI TIM$201,915
2010
2010-06-22RPTT&RET $150,000 — from MOY, SUE TING; MOY, SIU FONG PAULA to HUANG, HUI FEN; WU, WEI FENG$150,000
2010-03-01TL&R — from FANNIE MAE
2010-03-01Mortgage assigned — from FANNIE MAE
2010-03-01Agreement $1,600,000 — from SHEFA ESTATES OWNERS CORP. to SOVEREIGN BANK$1,600,000
2010-03-01Mortgage $267,133 — from SHEFA ESTATES OWNERS CORP. to SOVEREIGN BANK$267,133
2010-01-25HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR CEILING AND SOUTH WALL IN THE 3rd ROOM FRO