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1155 Pennsylvania Avenue

Brooklyn · Parcel 3044350001
1,092
Residential units
1971
Year built
997,720 sq ft
Building area
22
Open violations
$39,886,200
Assessed value

Analysis

AI-generated Risk: High

The building’s size and strong market valuation are attractive, but the high risk rating, outstanding safety penalties, and residential over‑building make it a risky acquisition.

The good

  • Large portfolio of 1,092 residential units provides scale
  • Market value on record ($88,636,000) far exceeds assessed value ($39,886,200)
  • Assessed value increased 20.9%, indicating upward valuation trend
  • Average unit size 914 sq ft offers sizable apartments for the market

The bad

  • High risk rating due to penalties above $25,000
  • Safety‑violation penalties of $30,000 are outstanding and unfiled
  • Built FAR 2.78 exceeds the residential FAR limit of 1.5, meaning the building is over‑built for residential use
  • 22 open violations indicate ongoing compliance issues

Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.

What the numbers say

Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.

Already larger than residential zoning would allow

The building occupies a floor-area ratio of 2.78, against a residential limit of 1.50 — it is over that limit by 1.28. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.

Unresolved conditions on record

22 violations remain open across 1,092 residential units (about 0.0 per apartment), against an outstanding penalty balance of $0.00. A significant open count with little money attached usually means habitability items that were never certified as corrected, rather than a few expensive enforcement actions — an administrative problem more than a financial one, though it is still a problem.

Last recorded sale

Recorded at $869,612,896 on 11 May 2018 — $796,349 per residential unit, $872 per built square foot, 21.80× the assessed value.

Assessed value trend

Assessed value has risen 20.9% across the 5 assessment years on record (2023 to 2027), standing at $39,886,200. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.

Development & zoning

Floor-area ratio

Built2.78
Residential limit1.50
Commercial limit0.00
Community-facility limit2.00

Development headroom (calculated) calculated

Highest permitted ratio2.00
Unused ratio-0.78
Unused buildable area—
Lot area358,496 sq ft

Value & taxes

Assessment

Assessed total$39,886,200
Assessed land$1,939,050
Assessed building$37,947,150
Market value on record$88,636,000
Assessed as % of market45.0%

Tax

Tax class2
Taxable assessed$39,886,200
Tax rate12.502%
Estimated annual levy$4,986,572.72
Tax exemption (assessed value)Mitchell-lama — $39,886,200 (through 2028)
Tax abatementJ-51 — $18,032 (through 2032)

The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.

Assessed value by year

YearAssessed valueChange
2027$39,886,200—
2026$38,574,450+3.4%
2025$37,839,150+1.9%
2024$36,302,400+4.2%
2023$32,995,350+10.0%

Building & occupancy

Structure

Year built1971
Floors20
Building area997,720 sq ft
Residential area997,720 sq ft
Commercial area—

Occupancy

Total units1,092
Residential units1,092
Residential Avg unit size914 sq ft (calculated)
Building classD3

Neighborhood, risk & energy

Neighborhood & transit

Nearest subwayNew Lots Av (3) — 0.88 mi
School district19
Police precinct75
Nearest firehouseEngine 290/Ladder 103 — 480 Sheffield Ave.

Location risk

Flood zoneMinimal hazard (Zone X)
Hurricane evacuation zoneZone 3
City emergency repairs3 orders — $1,769 billed (through 2021)
Evictions on record44 (most recent 2026)

Record activity

Compliance calculated

Open violations22
Open per residential unit0.0 (calculated)
Enforcement penalties$0.00
Safety-violation penaltiesNot available
Total penalties owed$30,000.00 (calculated)
On tax-lien sale listNo

Activity

Complaints recorded912
Permits / alterations73
Recorded documents80
Legal proceedings0

Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.

Ownership & last recorded sale

Owner of record

OwnerBsc Housing Company, Inc.
Parcel3044350001
Block4435
Lot1
Mortgage on record$567,567,000 (2021) — Wells Fargo Bank, National Association
Fixture liens3 active fixture liens

Last recorded transfer

Date11 May 2018
Recorded price$869,612,896
Price per unit$796,349
Price vs assessed21.80×

Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.

Open violations

Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.

IssuedCategoryClassStatusAmount dueDescription
10 Jul 2026HousingANOTICE OF ISSUANCE SENT TO TENANT—27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... LESS 10 SQ FT AT CEILING IN THE BATHROOM LOCATED AT APT 3F, 3rd STORY, 2nd APARTMENT FROM NORTH AT EAST
10 Jul 2026HousingBCIV14 MAILED—27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE BATHROOM LOCATED AT APT 3F, 3rd STORY, 2nd APARTMENT FROM NORTH AT EAST
10 Jul 2026HousingBCIV14 MAILED—27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING IN THE BATHROOM LOCATED AT APT 3F, 3rd STORY, 2nd APARTMENT FROM NORTH AT EAST
10 Jul 2026HousingBCIV14 MAILED—27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CERAMIC TILE AT WEST WALL IN THE BATHROOM LOCATED AT APT 3F, 3rd STORY, 2nd APARTMENT FROM NORTH AT EAST
9 Jul 2026HousingBVIOLATION WILL BE REINSPECTED—27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE MECHANICAL SPLIT UNIT AT EAST WALL IN THE ENTIRE APARTMENT LOCATED AT APT 7C, 7th STORY, 1st APARTMENT FROM EAST AT SOUTH
8 Jun 2026HousingCFIRST NO ACCESS TO RE- INSPECT VIOLATION—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 WEST AT NORTH
10 Oct 2025BuildingElevatorsActive—Violation Issued-Failure To File 2024 Periodic Inspection Affirmation of Correction
15 Apr 2024HousingCNOT COMPLIED WITH—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 WEST AT NORTH
23 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2020 Cat1 Test Affirmation of Correction
23 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2019 Cat1 Test Affirmation of Correction
2 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2022 Periodic Inspection Affirmation of Correction
2 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2022 Periodic Inspection Affirmation of Correction
2 Oct 2023BuildingElevatorsActive—Violation Issued-Failure To File 2022 Periodic Inspection Affirmation of Correction
22 Dec 2021Building—V-Building VIOLATION - ACTIVE—E-ELEVATOR ELEVATORREQUIRED
21 Dec 2021Building—V-Building VIOLATION - ACTIVE—E-ELEVATOR ELEVATORREQUIRED
25 Mar 2021EnforcementCLASS - 2ACTIVE—SEAL HOIST MACHINE LEAKS. WORN TRACTION SHEAVE
20 Nov 2003Building—V-Building VIOLATION - ACTIVE—E-ELEVATOR ELEVATORREQUIRED
16 Aug 1993Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED
16 Aug 1993Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED
16 Aug 1993Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED
16 Aug 1993Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED
16 Aug 1993Building—V-Building VIOLATION - ACTIVE—a local law-a local law/91 - BOILERS BOILER REQUIRED

Complaints

A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.

DateProblemTypeStatusClosed
6 Aug 2026Posted Parking Sign ViolationIllegal ParkingClosed6 Aug 2026
5 Aug 2026Food SpoiledFood EstablishmentIn Progress—
31 Jul 2026Loud TalkingNoise - ResidentialClosed31 Jul 2026
31 Jul 2026TorturedAnimal-AbuseClosed31 Jul 2026
26 Jul 2026Noise: Alarms (NR3NoiseClosed26 Jul 2026
23 Jul 2026Blocked HydrantIllegal ParkingClosed23 Jul 2026
21 Jul 2026TorturedAnimal-AbuseClosed21 Jul 2026
16 Jul 2026TorturedAnimal-AbuseClosed16 Jul 2026
15 Jul 2026Blocked HydrantIllegal ParkingClosed15 Jul 2026
14 Jul 2026TorturedAnimal-AbuseClosed14 Jul 2026
14 Jul 2026Double Parked Blocking TrafficIllegal ParkingClosed14 Jul 2026
14 Jul 2026Double Parked Blocking TrafficIllegal ParkingClosed14 Jul 2026
14 Jul 2026Double Parked Blocking TrafficIllegal ParkingClosed14 Jul 2026
14 Jul 2026Double Parked Blocking TrafficIllegal ParkingClosed14 Jul 2026
14 Jul 2026Blocked HydrantIllegal ParkingClosed14 Jul 2026
13 Jul 2026NeglectedAnimal-AbuseClosed13 Jul 2026
9 Jul 2026Rodents/Insects/GarbageFood EstablishmentIn Progress—
9 Jul 2026Food VendorVendor EnforcementClosed9 Jul 2026
9 Jul 2026Double Parked Blocking TrafficIllegal ParkingClosed9 Jul 2026
7 Jul 2026N/AIllegal FireworksClosed8 Jul 2026
7 Jul 2026Blocked SidewalkIllegal ParkingClosed7 Jul 2026
7 Jul 2026WALLPAINT/PLASTERClosed9 Jul 2026
7 Jul 2026MOLDUNSANITARY CONDITIONClosed9 Jul 2026
5 Jul 2026HEAVY FLOWWATER LEAKClosed9 Jul 2026
5 Jul 2026POWER OUTAGEELECTRICClosed11 Jul 2026
5 Jul 2026NO LIGHTINGELECTRICClosed9 Jul 2026
5 Jul 2026APARTMENT ONLYHEAT/HOT WATERClosed9 Jul 2026
5 Jul 2026VENTILATION SYSTEMGENERALClosed9 Jul 2026
5 Jul 2026APARTMENT ONLYHEAT/HOT WATERClosed7 Jul 2026
5 Jul 2026APARTMENT ONLYHEAT/HOT WATERClosed7 Jul 2026
4 Jul 2026Elevator - Multiple Devices On PropertyElevatorOpen4 Jul 2026
18 Jun 2026DOORDOOR/WINDOWClosed9 Jul 2026
16 Jun 2026BELL/BUZZER/INTERCOMGENERALClosed9 Jul 2026
16 Jun 2026Blocked HydrantIllegal ParkingClosed16 Jun 2026
4 Jun 2026Blocked HydrantIllegal ParkingClosed4 Jun 2026
31 May 2026ENTIRE BUILDINGHEAT/HOT WATERClosed2 Jun 2026
31 May 2026WATER SUPPLYPLUMBINGClosed4 Jul 2026
26 May 2026Double Parked Blocking VehicleIllegal ParkingClosed26 May 2026
25 May 2026Blocked HydrantIllegal ParkingClosed25 May 2026
25 May 2026Double Parked Blocking TrafficIllegal ParkingClosed25 May 2026
25 May 2026Engine IdlingNoise - VehicleClosed25 May 2026
23 May 2026Blocked SidewalkIllegal ParkingClosed23 May 2026
22 May 2026ELECTRIC/GAS RANGEAPPLIANCEOpen—
21 May 2026NeglectedAnimal-AbuseClosed21 May 2026
21 May 2026VentilationIndoor Air QualityClosed22 May 2026
15 May 2026NeglectedAnimal-AbuseClosed15 May 2026
15 May 2026Noise, Barking Dog (NR5NoiseClosed19 May 2026
13 May 2026Double Parked Blocking TrafficIllegal ParkingClosed13 May 2026
7 May 2026Other (complaint detailsAnimal-AbuseClosed7 May 2026
7 May 2026No Parking, Standing, StoppingStreet Sign - MissingClosed8 May 2026

Showing the 50 most recent of 150. The full set is available in the interactive report.

Permits & alterations

The absence of a permit does not prove no work was done — it may equally mean work was done without one.

IssuedTypeStatusWork
18 Nov 2024PlumbingSigned-offREGISTER GAS DRYERS (BUILDING NO. A1
28 Jun 2024Suspended ScaffoldPermit IssuedGAS MATERIAL HOIST DURING ROOF WORK
12 Mar 2021Construction FenceSigned-offINSTALLATION OF TEMPORARY FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
5 Mar 2021Construction FenceSigned-offINSTALLATION OF FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
26 Feb 2021Construction FenceSigned-offINSTALLATION OF FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
14 Dec 2020Construction FenceSigned-offINSTALLATION OF TEMPORARY FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
23 Sep 2020A2ISSUED—
23 Sep 2020A2ISSUED—
23 Sep 2020A2ISSUED—
23 Sep 2020A2ISSUED—
23 Sep 2020A2ISSUED—
26 Aug 2020Construction FenceSigned-offINSTALLATION OF FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
17 Aug 2020Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
17 Aug 2020Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
17 Aug 2020Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
17 Jul 2020Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
26 Jun 2020Sidewalk ShedSigned-offINSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY
13 Jul 2011A3ISSUED—
13 Jul 2011A3ISSUED—
24 Jun 2011A2ISSUED—
22 Jun 2011A2ISSUED—
11 May 2011A3ISSUED—
11 May 2011A3ISSUED—
28 Apr 2011A3ISSUED—
30 Mar 2011A3ISSUED—
30 Mar 2011A3ISSUED—
3 Dec 2010A3ISSUED—
3 Dec 2010A3ISSUED—
2 Dec 2010A2ISSUED—
2 Dec 2010A2ISSUED—
2 Dec 2010A2ISSUED—
2 Dec 2010A2ISSUED—
2 Dec 2010A2ISSUED—
2 Dec 2010A2ISSUED—
19 Oct 2010A3ISSUED—
19 Oct 2010A3ISSUED—
4 Jun 2010A2ISSUED—
4 Jun 2010A2ISSUED—
4 Jun 2010A2ISSUED—
4 Jun 2010A2ISSUED—
10 Oct 2006A2ISSUED—
10 Oct 2006A2ISSUED—
10 Oct 2006A2ISSUED—
10 Oct 2006A2ISSUED—
10 Oct 2006A2ISSUED—
10 Oct 2006A2ISSUED—
31 Aug 2006A2ISSUED—
31 Aug 2006A2ISSUED—
17 Apr 2002A2ISSUED—
10 Oct 2001A2ISSUED—

Showing the 50 most recent of 73. The full set is available in the interactive report.

Recorded documents

Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.

RecordedTypeAmountFromTo
29 Apr 2026SAGE———
27 Aug 2021RPTT&RET$1,558,231,415——
27 Aug 2021RPTT&RET$243,572,984——
13 Jul 2021SAGE———
13 Jul 2021Mortgage$567,567,000——
13 Jul 2021Assignment———
18 Nov 2020SAGE———
17 May 2018Satisfaction of mortgage———
11 May 2018Mortgage$501,471,000——
11 May 2018Assignment———
11 May 2018SAGE———
11 May 2018Deed$869,612,896——
11 May 2018SAGE———
11 May 2018SAGE———
11 May 2018TERA———
22 Mar 2010Assignment———
23 Dec 2009SAGE———
23 Dec 2009Agreement———
23 Dec 2009Deed———
23 Dec 2009SAGE———
23 Dec 2009CONS———
23 Dec 2009Satisfaction of mortgage———
23 Dec 2009CONS———
23 Dec 2009ZONE———
23 Dec 2009CONS———
23 Dec 2009CERT———
23 Dec 2009SAGE———
23 Dec 2009PREL———
23 Dec 2009Mortgage$531,485,000——
23 Dec 2009Agreement———
23 Dec 2009SAGE———
23 Dec 2009Assignment———
21 Nov 1986VAC———
28 May 1986Deed———
24 Nov 1982CTOR———
28 Oct 1982MAPS———
5 Jan 1981EASE———
14 May 1979Agreement———
14 May 1979Agreement———
10 May 1979Agreement———
30 Apr 1979Agreement———
24 Apr 1979SAGE———
2 Jan 1976Agreement———
2 Jan 1976Agreement———
2 Jan 1976DECL———
2 Jan 1976Agreement———
2 Jan 1976SAGE———
2 Jan 1976DECL———
16 May 1974SAGE———
16 May 1974Agreement———

Showing the 50 most recent of 80. The full set is available in the interactive report.

About this page

Compiled from New York City public records — data retrieved 51 days ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.

This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.