The city's published records show little recorded distress here in the last three years. Less recorded distress than 100% 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 0. In ZIP 11209, 84% of residential buildings hold an A and
3% 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
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
2 service requests in the last three years. Most common: Illegal Parking (2).
Filed construction activity
$288,950 in permitted construction work filed since
2016 (7 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 (1924)
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)
PETROS REALTY OWNERS LLC
Head officer
JAMES HATGIPETROS
Managing agent
PETROS REALTY SERVICES
Last registered
2025-10-03
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
$2,249,000
$134,940
2026
$2,726,000
$163,560
2027
$2,478,000
$148,680
The city's market estimate has risen
10% 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.
1 street-flooding or sewer-backup complaints at this address since
2019 (0 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps
(cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
Getting around
Subway
77 St — R · 850 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 5 Av / Bay Ridge Pkwy — B63 · 150 ft
Citi Bike
Bay Ridge Pkwy & 5 Ave · 200 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.
2 311 service requests from this address in the last three years.
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: $433,417 on
2020-02-24 (lender: Northfield 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
2020-02-24
Mortgage $433,417 — from PETROS REALTY OWNERS, LLC to NORTHFIELD BANK
$433,417
2020-02-24
AL&R $1,000,000 — from PETROS REALTY OWNERS, LLC to NORTHFIELD BANK
$1,000,000
2020-02-24
Agreement $1,000,000 — from PETROS REALTY OWNERS, LLC to NORTHFIELD BANK
$1,000,000
2015-05-06
Agreement $650,000 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK
$650,000
2015-05-06
Mortgage $183,121 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK
$183,121
2015-05-06
AL&R $650,000 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK
$650,000
2010-05-04
AL&R $499,900 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK
$499,900
2010-05-04
Mortgage $499,900 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK
$499,900
2000-01-28
Mortgage $4,891 — from HATZIPETROS, MARKOS; HATGIPETROS, MARKOS to OLYMPIAN BANK
$4,891
2000-01-28
Mortgage $99,693 — from HATGIPETROS, JAMES; HATGIPETROS, NICHOLAS to OLYMPIAN BANK
$99,693
1989-02-02
Mortgage $208,845 — from HATGIPETROS, MARKOS; HATZIPETROS, MARKOS/AKA to CROSSLAND SAVINGS FSB
$208,845
1984-08-06
Mortgage $75,000 — from HATGIPETROS, MARKOSB/AT to ATLANTIC BANK/NEW YORK
$75,000
Ten-year activity
20100
2017
2018
2019
20
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
0
2
0
0
2
2018
7
1
0
0
1
9
2019
0
4
5
0
0
9
2020
3
12
1
4
0
20
2021
2
0
1
0
0
3
2022
5
0
5
0
0
10
2023
3
0
2
1
0
6
2024
0
0
1
0
0
1
2025
0
0
2
0
0
2
2026
0
0
1
0
0
1
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2023-06-08Job filed: Minor partition work at the Ground Floor of an existing Commercial/Retail Space. No change to Use, Bulk, Occupancy or Egress$20,350
2023-04-05Permit General Construction — Signed-off
2023-04-05Permit Mechanical Systems — Signed-off
2023-01-16311: Noise — Noise: Construction Before/After Hours (NM1)
2022
2022-12-28Bedbug filing: 0 infested units
2022-10-20Permit PL — ISSUED
2022-10-14Permit EW — ISSUED
2022-07-14Job filed: Alteration
2022-05-06311: Missed Collection — Trash and Bulky Trash
2022-04-14Permit EW — ISSUED
2022-04-13311: For Hire Vehicle Report — Car Service Company Report
2022-03-11Permit PL — ISSUED
2022-02-17Bedbug filing: 0 infested units
2022-01-02311: Illegal Parking — Blocked Hydrant
2021
2021-04-14Bedbug filing: 0 infested units
2021-01-13Permit Plumbing — Signed-off
2021-01-13Permit Sprinklers — Signed-off
2020
2020-10-07Permit Sprinklers — Permit Issued
2020-10-07Permit Plumbing — Permit Issued
2020-09-02DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2020-09-02DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2020-05-12DOB violation C: THE BOROUGH COMM. HAS ORDERED ALL WORK STOPPED UNDER PERMIT #321668352 ON 5/11/2020 DUE TO APPLICATION WITHDRAWAL /STOP
2020-05-12DOB violation C: THE BOROUGH COMM. HAS ORDERED ALL WORK STOPPED UNDER PERMIT3321668352 ON 5/11/20 DUE TO APPLICANT WITHDAWAL /STOP ALL WORK IMMEDIA
2020-05-12DOB complaint, category ?
2020-05-12DOB violation C: THE BOROUGH COMMISSIONER HAS ORDERED ALL WORK STOPPED UNDER PERMIT# 321668352ON 5/11/20 DUE TO APPLICATION WITHDRAWAL /STOP ALL
2020-03-26Job filed: INSTALLATION OF SPRINKLER SYSTEM FOR ENTIRE BUILDING. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$11,000
2020-02-26ECB CLASS - 2 violation: ZR 73-36 AT 1ST FLOOR HAS BEEN CONVERTED AND OCCUPIED ADULT PHYSICAL CULTURE ESTABLISHMENT AND PHYSICAL CULTURE ESTABLISHMENT"TANG$1,280
2020-02-26ECB CLASS - 1 violation: FAILURE TO MAINTAIN BUILDING IN CODE COMPLAINT MANNER.LACK OF REQUIRED NUMBER OF MEANS OF EGRESS FOR EVERY FLOOR AS PER BC1010.1(2$2,530
2020-02-26ECB CLASS - 1 violation: FAILURE TO MAINTAIN BUILDING IN CODE-COMPLAINT MANNER.FAILURE TO PROVIDE REQUIRED LIGHT AND VENTILATION FOR EVERY BEDROOM.NOTED:AT$1,280
2020-02-26ECB CLASS - 1 violation: FAILURE TO MAINTAIN BLDG IN CODE COMPLAINT MANNER. AT CELLAR LEVEL EXIT THROUGH HATCH DOOR OBSTRUCTED BY BOXES & OTHERS MISC MATER$1,250
2020-02-26ECB CLASS - 1 violation: WORK WITHOUT A PERMIT.WORK NOTED:AT 1ST FLOOR ERECTED FUL HEIGHT PARTITION WALLS TO CREATE 7 MASSAGE ROOMS;INSTALLED WATER AND WAS$2,530
2020-02-26ECB CLASS - 1 violation: OCCUPANCY CONTRARY TO THAT ALLOWED BY THE DEPARTMENT OF BUILDINGS RECORDS.ILLEGAL OCCUPANCY NOTED:AT 1ST FLOOR HAS BEEN CONVERTED/$2,530
2020-02-24Mortgage $433,417 — from PETROS REALTY OWNERS, LLC to NORTHFIELD BANK$433,417
2020-02-24AL&R $1,000,000 — from PETROS REALTY OWNERS, LLC to NORTHFIELD BANK$1,000,000
2020-02-24Agreement $1,000,000 — from PETROS REALTY OWNERS, LLC to NORTHFIELD BANK$1,000,000
2020-02-24TL&R — from NORTHFIELD BANK to PETROS REALTY OWNERS, LLC
2019
2019-10-30311: General Construction/Plumbing — Building Permit - None
2019-10-02311: Special Projects Inspection Team (SPIT) — Sign/Awning/Marquee - Illegal/No Permit
2019-10-02DOB complaint, category ?
2019-09-19311: Special Projects Inspection Team (SPIT) — Adult Establishment
2019-05-02DOB violation P: THE DEPARTMENT OF BUILDINGS INTENDS TO REVOKE ALL PLUMBING WORK UNDER PERMIT NUMBER 321668352 DUE TO MASTER PLUMBER LICENSE REVOCA
2018-10-12Job filed: THE LEGALIZATION OF A 6 TON ROOFTOP CONDENSING UNIT (& SUPPORTING DUNNAGE) ON THE ROOF OF AN EXISTING ONE STORY REAR EXTENSION OF A 3 STORY MIXED $15,000
2018-07-11Rodent inspection: Passed
2018-03-13DOB complaint, category ?
2018-03-13Permit PL — ISSUED
2018-03-09Job filed: PROPOSE INTERIOR RENOVATION ON EXISTING COMMERCIAL SPACE. PARTITION AND PLUMBING WORK AS PER PLAN. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$38,000
2018-03-09Permit EW — ISSUED
2018-01-31Job filed: THE LEGALIZATION OF AN APPROX. 266 SF (1) STORY REAR EXTENSION AT THE GROUND RETAIL FLOOR LEVEL OF AN EXISTING (3) STORY BRICK MIXED USE BUILDING; ASS$68,200
2018-01-31Job filed: THE LEGALIZATION OF AN APPROX. 266 SF (1) STORY REAR EXTENSION AT THE GROUND RETAIL FLOOR LEVEL OF AN EXISTING (3) STORY BRICK MIXED USE BUILDING; ASS$68,200
2018-01-17Job filed: THE LEGALIZATION OF AN APPROX. 266 SF (1) STORY REAR EXTENSION @ THE GROUND FLOOR RETAIL LEVEL OF AN EXISTING (3) STORY BRICK MIXED USE BUILDING.$68,200
2017
2017-11-09Eviction executed
2017-09-06311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2015
2015-09-09FDNY inspection (RISK)
2015-09-04CERT — from RIDGE ABSTRACT CORP
2015-09-04ZONE — from PETROS REALTY OWNERS,LLC
2015-06-03311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2015-05-14311: Graffiti — Graffiti
2015-05-06Agreement $650,000 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK$650,000
2015-05-06Mortgage $183,121 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK$183,121
2015-05-06TL&R — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK
2015-05-06AL&R $650,000 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK$650,000
2010
2010-05-04AL&R $499,900 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK$499,900
2010-05-04Mortgage $499,900 — from PETROS REALTY OWNERS LLC to NORTHFIELD BANK$499,900
2009
2009-11-27TL&R — from HATGIPETROS, JAMES; HATGIPETROS, NICHOLAS to CITIBANK, N.A.
2009-11-27Mortgage satisfied — from HATGIPETROS, JAMES; HATGIPETROS, NICHOLAS to CITIBANK, N.A.
2001
2001-01-16Deed — from HATGIPETROS, NICHOLAS; HATGIPETROS, JAMES to PETROS REALTY OWNERSLLC
2000
2000-01-28Mortgage assigned — from CROSSLAND SAVINGS FSB to OLYMPIAN BANK
2000-01-28Mortgage $4,891 — from HATZIPETROS, MARKOS; HATGIPETROS, MARKOS to OLYMPIAN BANK$4,891
2000-01-28Mortgage assigned — from HATGIPETROS, NICHOLAS; HATGIPETROS, JAMES to OLYMPIAN BANK
2000-01-28Mortgage $99,693 — from HATGIPETROS, JAMES; HATGIPETROS, NICHOLAS to OLYMPIAN BANK$99,693
2000-01-28Agreement — from OLYMPIAN BANK to HATGIPETROS, NICHOLAS; HATGIPETROS, JAMES
2000-01-28Agreement — from HATGIPETROS, MARKOS; HATZIPETROS, MARKOS to OLYMPIAN BANK
2000-01-28PAT — from HATGIPETROS, MARKOS; HATZIPETROS, MARKOS to HATGIPETROS, JAMES M
2000-01-28Deed — from HATGIPETROS, MARKOS; HATZIPETROS, MARKOS to HATGIPETROS, NICHOLAS; HATGIPETROS, JAMES
1997
1997-09-16DOB violation LL6291:
1997-02-10DOB violation LL6291:
1994
1994-07-25DOB violation LL6291:
1994-07-25DOB violation LL6291:
1994-07-25DOB violation LL6291:
1994-07-25DOB violation LL6291:
1993
1993-06-18ECB Non-Hazardous violation: ALTERED BUILDING OCCUPIED WITHOUT A VALID COFO. ALT.849/90. REMEDY: OBTAIN VALID COFO.$500
1989
1989-02-02Mortgage assigned — from ATLANTIC BANK OF NY to CROSSLAND SAVINGS FSB
1989-02-02MISC — from ATLANTIC BANK OF NY
1989-02-02Agreement — from HATGIPETROS, MARKOS; HATZIPETROS, MARKOS/AKA to CROSSLAND SAVINGS FSB
1989-02-02Mortgage $208,845 — from HATGIPETROS, MARKOS; HATZIPETROS, MARKOS/AKA to CROSSLAND SAVINGS FSB$208,845
1984
1984-08-06Mortgage satisfied — from HATZIPETROS, MARKOS to BAY RIDGE SAVINGS BANK
1984-08-06Mortgage $75,000 — from HATGIPETROS, MARKOSB/AT to ATLANTIC BANK/NEW YORK$75,000
1984-08-06Mortgage assigned — from HATGIPETROS, MARKOSB/AT to ATLANTIC BANK/NEW YORK
1975
1975-03-27Deed — from VALLAS THEODORE to FASCLIS JOHN; FASCLIS ANGELA; FASELIS JOHN; FASELIS ANGELA