122 East 59 Street
Brooklyn · 11203 · BBL 3047060055 · look up another building
A company took title here in August 12, 2026, for a stated $675K.
Most recent filing on this building: a deed, August 12, 2026
122 East 59 Street is a multi-family walk-up in East Flatbush, Brooklyn, ZIP 11203. City records date it to 1920 and count 3 apartments. The city's property file lists the owner of record as JC GROUP 2018, LLC. Its total assessed value is $67K, for the 2026 tax year.
No DHCR registration is on file for this address, which is a gap in the record rather than an answer about your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.
Who owns 122 East 59 Street
The most recent recorded deed is dated Aug 12, 2026, transferring the lot to PHANTOM CAPITAL 36 LLC for a stated $675K. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 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.
Know the month this building changes
Most buildings here are quiet. Two filings a year is normal, so most months there's nothing to report on 122 East 59 Street and we'll say so. The point is the month we do
Sales and ownership history at 122 East 59 Street
| Party recorded | Recorded | Amount |
|---|---|---|
| Phantom Capital 36 LLCDEED from JC GROUP 2018 LLC | Aug 12, 2026 | $675K |
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 September 29, 2026.
Taxes and assessed value for 122 East 59 Street
The city's Department of Finance assessed this lot at $67K for the 2026 tax year. That works out to $22K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
No executed evictions at 122 East 59 Street
No executed eviction is on record at 122 East 59 Street in the citywide marshal file, which runs from April 2024.
Rent stabilization at 122 East 59 Street
No DHCR rent-stabilization registration is on file for 122 East 59 Street in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →
Open code violations at 122 East 59 Street
HPD and DOB inspectors have written 12 violations against this building, of which 12 remain unresolved. That is more than 9 in 10 buildings its size in 11203. 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 October 10, 2026.
Violation history at 122 East 59 Street
| Violation | Issued | Class |
|---|---|---|
| Paint with light colored paint to the satisfaction of this department the ceiling at front building entranceNov Sent Out | May 14, 2026 | A |
| Properly repair with similar material the broken or defective fire retardant materail ceiling at front buildin…Nov Sent Out | May 14, 2026 | A |
| File annual bedbug report in accordance with hpd rule as described on the back of this notice of violation or…Nov Sent Out | May 4, 2026 | A |
| Owner failed to file a valid registration statement with the department as required by adm code §27-2097 and i…Info Nov Sent Out | Nov 18, 2025 | I |
| File annual bedbug report in accordance with hpd rule as described on the back of this notice of violation or…Nov Sent Out | Jun 9, 2025 | A |
| Properly repair with similar material the broken or defective metal door at east yardNov Sent Out | Jun 5, 2024 | B |
| Provide sufficient, proper and separate metal receptacles for the deposit of garbage, rubbish and other waste…Nov Sent Out | May 24, 2024 | B |
| Repair the broken or defective plastered surfaces and paint in a uniform color at ceiling at public hall, 2nd…Nov Sent Out | May 24, 2024 | B |
The 8 most recent violations written against this building, newest first, 8 of them still open. Each row is the inspector's own wording with the statute citation removed. Source: NYC HPD violations, current through October 10, 2026.
How 122 East 59 Street compares in 11203
PulseCities tracks 11,054 lots in 11203, of which 281 carry an executed eviction from the marshal record, which starts in April 2024, and 784 carry a deed from the shorter ACRIS window. 11203 scores 47.5 out of 100 for displacement pressure, 22 of 177 scored NYC ZIP codes. The full signal breakdown for East Flatbush →
Other buildings in this owner network
The Phantom Capital network holds other NYC buildings PulseCities tracks. 8 addresses from that portfolio:
Questions about 122 East 59 Street
Who owns 122 East 59 Street?
The most recent deed on file for 122 East 59 Street names PHANTOM CAPITAL 36 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 Aug 12, 2026.
How much did 122 East 59 Street sell for?
The most recent deed states a consideration of $675K, recorded Aug 12, 2026 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.
Have there been evictions at 122 East 59 Street?
No executed eviction at 122 East 59 Street 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 122 East 59 Street rent stabilized?
No DHCR registration for 122 East 59 Street appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.
What is 122 East 59 Street assessed at for property taxes?
The Department of Finance assessed the lot at $67K for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 122 East 59 Street?
11203 (East Flatbush) scores 47.5 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Look up another building
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.