A sustained record of distress well beyond its peers. More recorded distress than 99% 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 290. In ZIP 11413, 89% 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
Open HPD violations
19 total — 3 class C (immediately hazardous), 16 class B, 0 class A. Oldest open since 2015-09-29.
status snapshot refreshed weekly from HPD records
Patterns
10 heat or hot-water complaints in the last three years (winter 2023–24: 10).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
31 service requests in the last three years. Most common: GENERAL (4) · PLUMBING (4) · Derelict Vehicles (3) · HEAT/HOT WATER (3) · SAFETY (3) · UNSANITARY CONDITION (3).
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 (2005)
No
Six or more residential units (2)
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)
FIVE DEVELOPMENT LLC
Head officer
SAEED BLOORIAN
Managing agent
FIVE DEVELOPMENT LLC
Last registered
2025-08-22
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
$814,000
$48,840
2026
$857,000
$51,420
2027
$917,000
$55,020
The city's market estimate has risen
13% 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.
1 street-flooding or sewer-backup complaints at this address since
2012 (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
Bus
Nearest boarding stop: Merrick Blvd / 222 St — Q5 Q86 Q87 · 750 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.
31 311 service requests from this address in the last three years — 3 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: $650,000 on
2026-06-29 (lender: Washington Equity & Funding Corp, Pension Plan). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2026-06-29
Mortgage $650,000 — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY & FUNDING CORP, PENSIO
$650,000
2026-06-29
Agreement $650,000 — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY & FUNDING CORP
$650,000
2024-08-22
Mortgage $600,000 — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY AND FUNDING CORP
$600,000
2022-06-10
AL&R $500,000 — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY AND FUNDING CORP
$500,000
2022-06-10
Mortgage $500,000 — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY AND FUNDING CORP.
$500,000
2018-04-24
Mortgage $450,000 — from FIVE DEVELOPMENT LLC to MANHATTAN BRIDGE CAPITAL INC.
$450,000
2015-03-19
Mortgage $390,000 — from FIVE DEVELOPMENT LLC to NASSI, BIJAN
$390,000
2015-03-19
AL&R $390,000 — from FIVE DEVELOPMENT LLC to NASSI, BIJAN
$390,000
2009-12-15
Mortgage $250,000 — from FIVE DEVELOPMENT, LLC to ALTER, EDWARD
$250,000
Ten-year activity
100500
2017
2018
2019
2020
2021
2022
2023
61
2024
2025
2026
EnforcementHousing & tenantsOwnership & money
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Total
2017
1
0
0
1
2018
0
0
4
4
2019
0
1
2
3
2020
0
2
0
2
2021
0
1
0
1
2022
0
5
3
8
2023
0
10
1
11
2024
0
58
3
61
2025
0
1
3
4
2026
0
3
2
5
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2024-09-09HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORY, 2
2024-08-22Mortgage $600,000 — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY AND FUNDING CORP$600,000
2024-08-22AL&R — from FIVE DEVELOPMENT LLC to WASHINGTON EQUITY AND FUNDING CORP
2024-08-05REL — from METROPOLITAN COMMERCIAL BANK to WASHINGTON EQUITY AND FUNDING CORP
2024-02-29Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2024-02-29HPD class B: § 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR AT CEILING IN THE 1st ROOM FROM EAST LOC
2024-02-29HPD class B: § 27-2026 ADMIN. CODE: REMOVE ALL OBSTRUCTIONS AND REPAIR ALL DEFECTS IN WASTE LINE AT WASH BASIN AND TUB IN THE 2nd BATHROOM FROM EAST LOCA
2024-02-29HPD class B: § 27-2026 ADMIN. CODE: REMOVE ALL OBSTRUCTIONS AND REPAIR ALL DEFECTS IN WASTE LINE AT WASH BASIN AND TUB IN THE 1st BATHROOM FROM EAST LOCA
2024-02-29HPD class B: HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2NDFLO, 2nd STORY, 2nd APARTMEN
2024-02-29HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 2NDFLO, 2nd STO
2024-02-29HPD class C: § 27-2029 ADMIN. CODE: PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE ENTIRE APARTMENT LOCATED AT APT 2NDFLO, 2nd STORY, 2nd AP
2024-02-29HPD class C: § 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2NDFLO, 2nd STORY, 2nd APARTMENT F
2024-02-01311: GENERAL — COOKING GAS
2024-02-01Tenant complaint: GENERAL — COOKING GAS
2024-01-31HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT SECOND, 2nd STO
2024-01-31HPD class C: § 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE 1st ROOM FROM EAST LOCATED AT APT 2, 2nd STORY, 2nd APARTMENT FROM
2024-01-31HPD class C: § 27-2029 ADMIN. CODE: PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE 1st ROOM FROM EAST LOCATED AT APT 2, 2nd STORY, 2nd APART
2024-01-31HPD class C: § 27-2073 ADM CODE - PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES AT RANGE IN THE ENTIRE APARTMENT LOCATED AT APT SECOND, 2nd STORY, 2n
2023-11-29HPD 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
2019-12-31311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-09-19Mortgage satisfied — from FIVE DEVELOPMENT LLC to MANHATTAN BRIDGE CAPITAL
2019-09-13Mortgage assigned — from WEBSTER BUSINESS CREDIT CORPORATION to MANHATTAN BRIDE CAPITAL INC.,
2018
2018-04-24Mortgage $450,000 — from FIVE DEVELOPMENT LLC to MANHATTAN BRIDGE CAPITAL INC.$450,000
2018-04-24Mortgage assigned — from MANHATTAN BRIDGE CAPITAL INC. to WEBSTER BUSINESS CREDIT CORPORATION
2018-03-27Mortgage satisfied — from FIVE DEVELOPMENT LLC to NASSI, BIJAN
2018-03-26TL&R — from NASSI, BIJAN to FIVE DEVELOPMENT LLC
2017
2017-02-21ECB CLASS - 2 violation: OCCUPANCY CONTRARY TO THAT ALLOWED BY THE CERTIFICATE OF OCCUPANCY OR BUILDING DEPARTMENT RECORDS.CELLAR USE CHANGED FROM STORAGE $1,200
2016
2016-11-23311: Building/Use — Illegal Conversion Of Residential Building/Space
2016-11-23HPD class B: SECTION 27-2087 ADM CODE - DISCONTINUE USE OF ROOMS FOR LIVING, DISCONNECT PLUMBING FIXTURES WHERE ILLEGAL AND PROPERLY SEAL PIPE CONNECTION
2016-11-23HPD class B: SECTION 27-2026 ADMIN. CODE: REPAIR THE LEAKY AND/OR DEFECTIVE WATER SUPPLY PIPE AT SINK IN THE KITCHEN LOCATED AT APT 1FL, 1st STORY
2015-10-17Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2015-10-17Tenant complaint: ELECTRIC — OUTLET/SWITCH
2015-09-29HPD class B: SECTION 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING IN THE PRIVATE HALLWAY LOC
2015-09-29HPD class B: SECTION 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 1FL, 1st
2015-09-29HPD class B: SECTION 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING IN THE 3rd ROOM FROM EAST
2015-09-29HPD class B: SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD WALL CABINET AT WEST WALL IN THE KITCHEN LOC
2015-09-29HPD class B: SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR THE BROKEN OR DEFECTIVE CEILING LIGHT FIXTURE IN THE 3rd ROOM FROM EAST LOCATED AT APT 1FL, 1st
2015-09-29HPD class C: § 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 1FL, 1st STORY
2015-09-29HPD class B: SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR THE BROKEN OR DEFECTIVE CEILING LIGHT FIXTURE IN THE PRIVATE HALLWAY LOCATED AT APT 1FL, 1st ST
2015-09-29HPD class B: SECTION 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK CEILING IN THE 3rd ROOM FROM EAST LOCATED AT AP
2015-09-24311: WATER LEAK — HEAVY FLOW
2015-09-24311: PAINT/PLASTER — CEILING
2015-09-24311: ELECTRIC — OUTLET/SWITCH
2015-09-24311: ELECTRIC — OUTLET/SWITCH
2015-09-24311: PAINT/PLASTER — CEILING
2015-09-24311: HEAT/HOT WATER — APARTMENT ONLY
2015-09-24311: PAINT/PLASTER — CABINET
2015-09-24311: PAINT/PLASTER — CEILING
2015-09-24Tenant complaint: ELECTRIC — OUTLET/SWITCH
2009-12-15Mortgage $250,000 — from FIVE DEVELOPMENT, LLC to ALTER, EDWARD$250,000
2008
2008-04-14Deed — from MELK LLC to FIVE DEVELOPMENT LLC
2007
2007-11-09Deed — from BLOOR HOLDING LLC to MELK LLC
2006
2006-11-29Mortgage satisfied — from BLOOR HOLDING LLC to HUDSON UNITED BANK; TD BANKNORTH, N.A.
2006-07-17ECB Non-Hazardous violation: WORK CONTRARY TO APPROVED PLANS NON CONFORMING WORK NOTED:(1)AT CELLARLEVEL-2PC BATHROOM INSTALLED AT WEST SIDE.METER RM ERECTED A