524 5 Street

Brooklyn, NY

BBL 3-01084-0031BIN 3025591

Concern level4 of 4

Severe

016 open class-C HPD violations (immediately hazardous) across 8 apartments
021 active DOB violation(s)

How this is set: open hazardous violations measured against the building's size, then raised by strong distress signals — HPD's enforcement program, court harassment findings, recent evictions, unpaid DOB fines, open housing-court cases, and a sold tax lien. Neighborhood noise and crime are not part of it. It describes the public record, not the condition of any one apartment, and a quiet record is not proof of a good building.

Rent regulation

Likely rent-stabilized

The owner registered 4 stabilized units with New York State for 2023 — of about 8 apartments.

2018 — 4 units registered2023 — 4

No public data says which specific apartment is stabilized.

Registration counts apply to the building, not to unit numbers. To confirm your own apartment, request your rent history from New York State Homes and Community Renewal — it is free and takes a few weeks.

How to request your rent history →

Rent regulation

The building

1920

Built

Floors

Residential units

Walk-up apartments

Type

The building

This building and the landlord's others

This building1 others linked to the same owner

HPD housing-maintenance violations

Open now

On record

Open Class C

Open Class B

Open Class A

Class C is immediately hazardous, Class B is hazardous, Class A is non-hazardous. A violation stays open until HPD certifies the repair, so some open items may already be fixed.

CLASS C · IMMEDIATELY HAZARDOUSApt 3RIssued 2018-12-205+ YRS OLD

§ 27-2056.6 ADM CODE - CORRECT THE LEAD-BASED PAINT HAZARD - PAINT THAT TESTED POSITIVE FOR LEAD CONTENT AND THAT IS PEELING OR ON A DETERIORATED SUBSURFACE - USING WORK PRACTICES SET FORTH IN 28 RCNY §11-06(B)(2) 1st DOOR FRAME FROM WEST AT NORTH WALL, NORTH WALL IN THE BATHROOM LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM WEST AT NORTH

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 3RIssued 2018-12-205+ YRS OLD

§ 27-2056.6 ADM CODE - CORRECT THE LEAD-BASED PAINT HAZARD - PAINT THAT TESTED POSITIVE FOR LEAD CONTENT AND THAT IS PEELING OR ON A DETERIORATED SUBSURFACE - USING WORK PRACTICES SET FORTH IN 28 RCNY §11-06(B)(2) BASEBOARD AT WEST WALL, 1st DOOR FRAME FROM WEST AT NORTH WALL, NORTH WALL, 1st WINDOW FRAME FROM SOUTH AT WEST WALL IN THE 2nd ROOM FROM EAST LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM WEST AT NORTH

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 3RIssued 2018-12-205+ YRS OLD

§ 27-2056.6 ADM CODE - CORRECT THE LEAD-BASED PAINT HAZARD - PAINT THAT TESTED POSITIVE FOR LEAD CONTENT AND THAT IS PEELING OR ON A DETERIORATED SUBSURFACE - USING WORK PRACTICES SET FORTH IN 28 RCNY §11-06(B)(2) BASEBOARD AT SOUTH WALL, BASEBOARD AT EAST WALL, SOUTH WALL, 1st WINDOW FRAME FROM NORTH AT EAST WALL IN THE 3rd ROOM FROM EAST AT SOUTH LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM WEST AT NORTH

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 3RIssued 2018-12-205+ YRS OLD

§ 27-2056.6 ADM CODE - CORRECT THE LEAD-BASED PAINT HAZARD - PAINT THAT TESTED POSITIVE FOR LEAD CONTENT AND THAT IS PEELING OR ON A DETERIORATED SUBSURFACE - USING WORK PRACTICES SET FORTH IN 28 RCNY §11-06(B)(2) SOUTH WALL IN THE 4th ROOM FROM EAST LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM WEST AT NORTH

Status: Notice issued, not yet certified

HPD housing-maintenance violations

311 complaints from tenants

No 311 housing complaints on record for this building.

311 complaints from tenants

Neighborhood noise

Lower than averagevs. NYC apartment blocks

188

Noise reports · last 12 mo

≈ per month

% from neighbors

Unspecified81

Residential66

Street/Sidewalk16

Vehicle12

Commercial9

Helicopter4

311 noise complaints within about 1,000 ft (a few blocks) in the last year. Most reports here are about outdoor noise (mostly unspecified) — street life and traffic more than neighbors. This counts how often people call 311, which tracks how densely populated and busy an area is as much as how loud it is — it is not a sound measurement.

Neighborhood noise

Neighborhood crime

Lower than averagevs. NYC apartment blocks

100

NYPD reports · last 12 mo

≈ per month

Felony34

Misdemeanor53

Violation13

NYPD complaints reported within about 1,000 ft (a few blocks) in the last year, by severity. This reflects what gets reported and where police are active as much as actual safety, and busier, denser, higher-foot-traffic blocks log more. Locations are approximate — the NYPD shifts each report to the nearest corner for privacy — so read this as rough context, not a safety score.

Neighborhood crime

Bedbug history

No bedbugs reported

The owner filed 6 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.

Bedbug history

DOB building violations

Active

On record

Active, last 3 yrs

ACTIVE · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED1993-08-16

DOB building violations

Evictions

No executed evictions on record for this building.

Evictions

Housing court

No HPD housing-court cases on record for this building.

Housing court

Landlord and related buildings

Registered owner

PARK FIVE CORP C/O Michael Derian

Head officer

MICHAEL DERIAN

Managing agent

MICHAEL DERIAN

1 other building share this owner's registration contacts. Shared contacts suggest common control, but they are not proof of ownership.

757A UNION STREETBROOKLYN

Landlord and related buildings

Unpaid city fines

No DOB/ECB violations on record for this building.

Unpaid city fines

Ownership & money

Recorded sales

Mortgages / refinances

Last recorded sale1988-04-13 · no recorded price

Most recent mortgage2007-06-18 · $127,456.54

Mortgage2007-06-18$127,456.54

borrower PARK FIVE CORP. · lender THE DIME SAVINGS BANK OF WILLIAMSBURGH

Mortgage2002-09-03$101,010.34

borrower PARK FIVE CORP · lender DIME SAVINGS BANK OFWILLIAMSBURGH

Mortgage1998-01-21$148,737.18

borrower PARK FIVE CORP · lender DIME SAVINGS BANK OFWILLIAMSBURGH

Mortgage1988-04-27$18,003.18

borrower PARK FIVE CORP · lender CROSSLAND SAVINGS FSB

Sale1988-04-13no recorded price

FIFTH ST.ASSOC AKA, 5TH ST.ASSOC. → PARK FIVE CORP

From ACRIS recorded documents. Amounts are often $0 or nominal for transfers between related parties, and LLCs can obscure who is really involved — treat this as public-record context, not a valuation.

Ownership & money

City debt & tax-lien sale

Not on the city's tax-lien sale list (2019–2025). The owner has not fallen far enough behind on property tax or water charges to be flagged for a lien sale.

City debt & tax-lien sale