488 5 Avenue
Brooklyn · 11215 · BBL 3010220049
488 5 Avenue is a mixed residential and commercial building in Park Slope, Brooklyn, ZIP 11215. City records date it to 1920 and count 3 residential units of 4 total. The city's property file lists the owner of record as 488 5th Avenue LLC. Its most recent total assessed value is $430K.
The ownership chain
The most recent recorded deed is dated Sep 12, 2025, transferring the lot to 488 5th Avenue LLC. PulseCities holds 1 recorded deed for this lot. Deeds recorded through July 31, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
Ownership transfers
| Party taking title | Recorded | Amount |
|---|---|---|
| 488 5th Avenue LLCDEED from 488 5th Avenue Realty CORP | Sep 12, 2025 |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through July 31, 2026.
What the eviction record shows
No executed eviction is on record at 488 5 Avenue in the citywide marshal file, which runs from April 2024.
Rent stabilization at this address
DHCR registration records list 3 rent-stabilized units at this building in 2022, the most recent year PulseCities holds. Registration is building-level and does not settle the status of any single apartment; the rent history does. Checking your own apartment starts with the free rent history. How to check rent-stabilized status →
Open violations
HPD and DOB inspectors have written 3 violations against this building, of which 3 remain unresolved. The most serious open grade here is class I, immediately hazardous, with 1 open violation.
Classes run A (non-hazardous) to C (immediately hazardous); DOB class I carries a vacate order. Source: NYC HPD violations, current through August 26, 2026.
311 housing complaints
3 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through August 26, 2026.
How 488 5 Avenue compares in 11215
PulseCities tracks 9,001 lots in 11215, of which 48 carry an executed eviction from the marshal record, which starts in April 2024, and 559 carry a deed from the shorter ACRIS window. 11215 scores 35.1 out of 100 for displacement pressure, 62 of 177 scored NYC ZIP codes. The full signal breakdown for Park Slope →
Watch 488 5 Avenue
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Questions about 488 5 Avenue
Who owns 488 5 Avenue?
The most recent deed on file for 488 5 Avenue names 488 5th Avenue LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Sep 12, 2025.
Has 488 5 Avenue changed hands recently?
PulseCities holds 1 recorded deed for this lot. Deeds appear here once the city publishes them to ACRIS, which runs behind the closing date.
Have there been evictions at 488 5 Avenue?
No executed eviction at 488 5 Avenue appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 488 5 Avenue rent stabilized?
DHCR registrations list 3 stabilized units at this building in 2022. Registration is building-level, so it does not settle whether one apartment is stabilized. The free rent history from NYS Homes and Community Renewal does.
What is the displacement risk around 488 5 Avenue?
11215 (Park Slope) scores 35.1 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: eviction rate, LLC acquisition rate, permit intensity, assessment spikes, and 311 complaint volume. It describes the area around the building, not the building itself.
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.