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 10. In ZIP 11357, 95% of residential buildings hold an A and
1% 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
1 service requests in the last three years. Most common: Derelict Vehicles (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 (1930)
No
Six or more residential units (1)
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)
KASS 2 PROPERTIES LLC
Head officer
JAMES DEMETRIOU
Managing agent
FIRST MANAGEMENT CORP
Last registered
2025-09-23
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
$988,000
$59,280
2026
$1,084,000
$65,040
2027
$1,193,000
$71,580
The city's market estimate has risen
21% 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
Bus
Nearest boarding stop: 150 St / 12 Av — Q15 · 400 ft
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.
1 311 service request 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: $499,000 on
2025-04-04 (lender: Aristides Capital Capital Corp.). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2025-04-04
AL&R $499,000 — from KASS2 PROPERTIES, LLC to ARISTIDES CAPITAL CAPITAL CORP.
$499,000
2025-04-04
Mortgage $499,000 — from KASS2 PROPERTIES, LLC to ARISTIDES CAPITAL CAPITAL CORP.
$499,000
2018-04-11
Agreement $750,000 — from KASSAPIDIS, MD, P.C., SOTIRIOS; CONDOS, RANY; KASSAPIDIS, SOTIRIOS; KASS2 PROPERTIES, LLC; to ALMA BANK
$750,000
2013-06-17
AL&R $750,000 — from SOTIRIOS KASSAPIDIS & RANY CONDOS, AS TR; KASS2 PROPERTIES, LLC; CONDOS, RANY; KASSAPIDIS, to ALMA BANK
$750,000
2013-06-17
Mortgage $750,000 — from CONDOS, RANY; KASS2 PROPERTIES, LLC; KASSAPIDIS, SOTIRIOS; SOTIRIOS KASSAPIDIS & RANY COND to ALMA BANK
$750,000
2013-04-25
Mortgage $122,911 — from SOTIRIOS KASSAPIDIS & RANY CONDOS, AS TR; CONDOS, RANY; KASS2 PROPERTIES, LLC; KASSAPIDIS, to ALMA BANK
$122,911
2013-04-25
Agreement $1,250,000 — from CONDOS, RANY; KASS2 PROPERTIES, LLC; SOTIRIOS KASSAPIDIS & RANY CONDOS, AS TR; KASSAPIDIS, to ALMA BANK
$1,250,000
2007-04-26
Mortgage $580,000 — from KASS2 PROPERTIES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$580,000
2007-04-26
AL&R $580,000 — from KASS2 PROPERTIES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$580,000
2007-03-28
RPTT&RET $999,000 — from GRODEWALD AKA JON H GRODEWALD, JOHN to KASS2 PROPERTIES, LLC
$999,000
Ten-year activity
1050
9
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
9
0
0
9
2018
0
1
1
1
3
2019
0
0
0
1
1
2020
0
7
0
1
8
2021
0
6
0
1
7
2022
4
2
0
1
7
2023
2
2
0
1
5
2024
0
1
4
1
6
2025
1
1
2
1
5
2026
0
2
0
1
3
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-04-04AL&R $499,000 — from KASS2 PROPERTIES, LLC to ARISTIDES CAPITAL CAPITAL CORP.$499,000
2025-04-04Mortgage $499,000 — from KASS2 PROPERTIES, LLC to ARISTIDES CAPITAL CAPITAL CORP.$499,000
2025-03-18Boiler inspection
2024
2024-12-04HPD 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
2024-05-21TL&R — from ALMA BANK to KASSAPIDIS, SOTIRIOS; CONDOS, RANY; KASSAPIDIS CHILDREN TRUST; KASS2 PROPERTIES LLC
2024-05-21Mortgage satisfied — from KASSAPIDIS CHILDREN TRUST; KASSAPIDIS, SOTIRIOS; KASS2 PROPERTIES LLC; CONDOS, RANY to ALMA BANK
2024-05-21TL&R — from ALMA BANK to KASSAPIDIS, SOTIRIOS; THE KASSAPIDIS CHILDREN TRUST; CONDOS, RANY; KASS2 PROPERTIES LLC
2024-05-21Mortgage satisfied — from KASS2 PROPERTIES LLC; CONDOS, RANY; KASSAPIDIS, SOTIRIOS; KASSAPIDIS CHILDREN TRUST to ALMA BANK
2023-08-15ECB CLASS - 2 violation: FOUND PENNCO BOILER MODEL 4K1.50 , SERIAL #211200241 UNREGISTERED. OBTAIN THE PROPER PERMIT, REGISTER THE BOILER AND SUBMIT A CERT
2023-03-30311: Illegal Tree Damage — Roots Damaged
2023-01-14Boiler inspection
2022
2022-06-24DOB complaint, category ?
2022-06-23ECB CLASS - 2 violation: ILLEGAL USE IN RESIDENTIAL DISTRICT. NOTED: OBSERVED FROM GROUND LEVEL REAR YARD A TRAMPOLINE IS INSTALLED AT ROOF CLOSE TO EDGE O$3,125
2022-06-22ECB CLASS - 1 violation: OCCUPANCY CONTRARY TO CERTIFICATE OF OCCUPANCY. NOTED: OBSERVED FROM GROUND LEVEL A TRAMPOLINE IS INSTALLED AT ROOF CLOSE TO EDGE $2,500
2022-06-21311: Building/Use — No Certificate Of Occupancy/Illegal/Contrary To CO
2022-06-21DOB complaint, category ?
2022-03-07311: Broken Parking Meter — Coin or Card Did Not Register
2022-02-10Boiler inspection
2021
2021-04-23311: Broken Parking Meter — Coin or Card Did Not Register
2021-04-23311: Broken Parking Meter — Coin or Card Did Not Register
2021-04-23311: Broken Parking Meter — Coin or Card Did Not Register
2021-04-23311: Broken Parking Meter — Coin or Card Did Not Register
2021-04-23311: Broken Parking Meter — Coin or Card Did Not Register
2017-04-12311: Broken Muni Meter — Coin or Card Did Not Register
2017-04-12311: Broken Muni Meter — Coin or Card Did Not Register
2017-03-24HPD 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
2017-03-21HPD class C: § 27-2005 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF EXTREMELY HOT WATER WITH A TEMPERATURE OF 156F IN THE ENTIRE APARTMENT LOCATED AT AP
2017-03-18311: HEAT/HOT WATER — APARTMENT ONLY
2017-03-18Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2017-03-14311: HEAT/HOT WATER — APARTMENT ONLY
2017-03-14Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2016
2016-12-15311: HEAT/HOT WATER — APARTMENT ONLY
2016-12-15Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2013-12-09Tenant complaint: HEATING — HEAT RELATED
2013-11-25311: HEATING — HEAT
2013-11-25311: HEATING — HEAT
2013-11-25Tenant complaint: HEATING — HEAT RELATED
2013-11-25Tenant complaint: HEATING — HEAT RELATED
2013-11-07311: Damaged Tree — Branch or Limb Has Fallen Down
2013-06-17AL&R $750,000 — from SOTIRIOS KASSAPIDIS & RANY CONDOS, AS TR; KASS2 PROPERTIES, LLC; CONDOS, RANY; KASSAPIDIS, to ALMA BANK$750,000
2013-06-17Mortgage $750,000 — from CONDOS, RANY; KASS2 PROPERTIES, LLC; KASSAPIDIS, SOTIRIOS; SOTIRIOS KASSAPIDIS & RANY COND to ALMA BANK$750,000
2013-05-09TL&R — from KASS2 PROPERTIES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2013-04-25AL&R — from KASSAPIDIS, SOTIRIOS; KASS2 PROPERTIES, LLC; CONDOS, RANY; SOTIRIOS KASSAPIDIS & RANY COND to ALMA BANK
2013-04-25Mortgage assigned — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to ALMA BANK
2013-04-25Mortgage $122,911 — from SOTIRIOS KASSAPIDIS & RANY CONDOS, AS TR; CONDOS, RANY; KASS2 PROPERTIES, LLC; KASSAPIDIS, to ALMA BANK$122,911
2013-04-25Agreement $1,250,000 — from CONDOS, RANY; KASS2 PROPERTIES, LLC; SOTIRIOS KASSAPIDIS & RANY CONDOS, AS TR; KASSAPIDIS, to ALMA BANK$1,250,000
2013-03-01DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2011 INSPECTION REPORT
2013-02-15311: Broken Muni Meter — Coin or Card Did Not Register
2013-02-01311: HEATING — HEAT
2013-02-01Tenant complaint: HEATING — HEAT RELATED
2013-01-31311: HEATING — HEAT
2013-01-31Tenant complaint: HEATING — HEAT RELATED
2013-01-10311: Broken Muni Meter — Coin or Card Did Not Register
2012
2012-12-13311: HEATING — HEAT
2012-12-13Tenant complaint: HEATING — HEAT RELATED
2012-03-02311: HEATING — HEAT
2012-03-02Tenant complaint: HEATING — HEAT RELATED
2012-03-01311: HEATING — HEAT
2012-03-01Tenant complaint: HEATING — HEAT RELATED
2012-02-25311: HEATING — HEAT
2012-02-25Tenant complaint: HEATING — HEAT RELATED
2012-02-24311: HEATING — HEAT
2012-02-24Tenant complaint: HEATING — HEAT RELATED
2012-02-22311: HEATING — HEAT
2012-02-22Tenant complaint: HEATING — HEAT RELATED
2012-02-11311: HEATING — HEAT
2012-02-11Tenant complaint: HEATING — HEAT RELATED
2012-02-08311: HEATING — HEAT
2012-02-08Tenant complaint: HEATING — HEAT RELATED
2011
2011-12-13DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2010 INSPECTION REPORT
2010
2010-12-24311: HEATING — HEAT
2010-12-24Tenant complaint: HEATING — HEAT RELATED
2010-12-14311: HEATING — HEAT
2010-12-14Tenant complaint: HEATING — HEAT RELATED
2009
2009-12-31DOB violation LBLVIO:
2009-05-13Permit PL — ISSUED
2009-04-06Permit EW — ISSUED
2009-04-06Job filed: PROPOSE INTERIOR RENOVATION OF EXISTING STORE CO# 32741. NO CHANGE TO USE EGRESS OR OCCUPANCY.$25,000
2009-04-06Job filed: PROPOSE INTERIOR RENOVATION OF EXISTING STORE CO# 32741. NO CHANGE TO USE EGRESS OR OCCUPANCY.$25,000
2009-01-01DOB violation LL6291:
2008
2008-01-03DOB violation LL6291:
2007
2007-04-26Deed — from GRODEWALD, JON to KASS2 PROPERTIES, LLC
2007-04-26Mortgage $580,000 — from KASS2 PROPERTIES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH$580,000
2007-04-26AL&R $580,000 — from KASS2 PROPERTIES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH$580,000
2007-03-28RPTT&RET $999,000 — from GRODEWALD AKA JON H GRODEWALD, JOHN to KASS2 PROPERTIES, LLC$999,000
2005
2005-11-10Permit AL — ISSUED
2005-11-09Job filed: REPLACEMENT OF CEILING AND FLOORING AND INSTALLATION OF SLAT BD. FIN. ON EXIST WALL. NO CHANGE IN USE, OCCUPANCY AND AN EGRESS IS INVOLVED UNDER THIS $21,000
2005-01-31DOB violation LL6291:
2001
2001-01-26Deed — from GRODEWALD, JON H (EXECUTOR); GRODEWALD, JOHN; ESTATE OF HENRY HAHN(EXECUTOR OF) to GRODEWALD, JOHN
2000
2000-04-06RTXL — from HAHN, HENRY D
2000-02-07DOB violation LL6291:
1995
1995-08-29DOB violation LL6291:
1993
1993-06-28DOB violation LL6291:
1979
1979-05-28Mortgage — from HAHN HENRY to WHITESTONE SAVS & LOAN ASSOCIATION
1969
1969-06-03Mortgage — from HAHN HENRY to MARGARET MULLER; CHRISTOPHER MULLER
1969-06-03Deed — from MULLER CHRISTOPHER; MULLER MARGARET to HENRY HAHN