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NYC Building Records · BBL 3049670040

3505 FOSTER AVENUE

Brooklyn · Block 4967 · Lot 40 · Elevator, semi-fireproof (Class D1)

3505 FOSTER AVENUE is a Class D1 (elevator, semi-fireproof) building in Brooklyn (BBL 3049670040) built in 1950, with 504 residential units across 6 floors.

The building is in NYC community district 317, council district 45, zoning district R6, on a 182,300-square-foot lot with a building footprint of 388,800 square feet.

The current registered owner of record per NYC PLUTO is FLATBUSH GARDENS HOUSING DEVELOPMENT FUN D CORPORAT.

The most recent ACRIS deed transfer for this BBL was recorded on June 29, 2023 when RENAISSANCE EQUITY HOLDINGS LLC D conveyed the property to FLATBUSH GARDENS HOUSING DEVELOPMENT FUND CORPORAT; RENAISSANCE EQUITY HOLDINGS LLC D for a non-disclosed consideration. The transaction was financed with a $329.00M mortgage from Flagstar Bank, N.a.; New York Community Bank.

NYC public records show 2 open HPD housing-maintenance code violations on this property as of May 18, 2026, all Class C (immediately hazardous).

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

FLATBUSH GARDENS HOUSING DEVELOPMENT FUN D CORPORAT
HPD-registered head officer: ARNICE STEWARD

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerARNICE STEWARD
  • Corporate OwnerRENAISSANCE EQUITY HOLDING LLC

Most recent deed

Last transferred on Jun 29, 2023 to FLATBUSH GARDENS HOUSING DEVELOPMENT FUND CORPORAT; RENAISSANCE EQUITY HOLDINGS LLC D.
Previous owner: RENAISSANCE EQUITY HOLDINGS LLC D
Mortgage: $329.0M recorded Jun 29, 2023 with Flagstar Bank, N.a.; New York Community Bank.
🔒 See all transfers before the 2023 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Jun 29, 2023AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Jun 29, 2023AGMT$329.0MParties redacted — full names in MetroDeeds Scout+
Jun 29, 2023DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Oct 7, 2005MTGE$24.6MParties redacted — full names in MetroDeeds Scout+
Oct 7, 2005AGMT$24.6MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
504
Year built
1950
Class
D1
Borough
Brooklyn
Zoning:
R6
Lot size:
182,300 sqft
Building area:
388,800 sqft
Floors:
6
Assessed value:
$17.1M
Community district:
317
Council district:
45

HPD violations

2 open
Most severe class on record: Class C (immediately hazardous)
🔒 See closure dates + inspector notes for all 2 →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class BInspected May 13, 2026
    § 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…
  • Class CInspected May 7, 2026
    § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... GREATER THAN 30 SQUARE FEET AT ALL WALLS AND CEILING IN…
  • Class BInspected May 7, 2026
    § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT NORTH WALL IN THE KITCHEN LOCATED AT APT 2G, 2nd S…
  • Class CInspected May 7, 2026
    § 27-2005, 2006, 2037 HMC: PROPERLY REPAIR AND ABATE UNSAFE ELECTRIC WIRING CONDITION CONSISTING OF EXPOSED WIRING AT SOUTH WALL IN THE FOYE…
  • Class BInspected May 7, 2026
    § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING AND EAST WALL NEAR RISER IN THE…
🔒 See closure dates + classification for all 2 →

Recent ACRIS activity

5 documents in the last 5 years (most recent Jun 29, 2023).

Frequently asked questions about 3505 FOSTER AVENUE

Who owns 3505 FOSTER AVENUE?

The current registered owner of record for 3505 FOSTER AVENUE per NYC PLUTO is FLATBUSH GARDENS HOUSING DEVELOPMENT FUN D CORPORAT. The most recent ACRIS deed transfer for this BBL was recorded on June 29, 2023 when the property was conveyed to FLATBUSH GARDENS HOUSING DEVELOPMENT FUND CORPORAT; RENAISSANCE EQUITY HOLDINGS LLC D. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 3505 FOSTER AVENUE last sold?

The most recent ACRIS deed transfer for 3505 FOSTER AVENUE was recorded on June 29, 2023, when RENAISSANCE EQUITY HOLDINGS LLC D conveyed the property to FLATBUSH GARDENS HOUSING DEVELOPMENT FUND CORPORAT; RENAISSANCE EQUITY HOLDINGS LLC D for a non-disclosed consideration. The transaction was financed with a $329.00M mortgage from Flagstar Bank, N.a.; New York Community Bank.

How many HPD violations does 3505 FOSTER AVENUE have?

2 open HPD housing-maintenance code violations on this property as of May 18, 2026, all Class C (immediately hazardous). HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 3505 FOSTER AVENUE?

NYC Department of Finance assesses 3505 FOSTER AVENUE at $17.12M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 3505 FOSTER AVENUE and what does that mean?

3505 FOSTER AVENUE is NYC building class D1 — Elevator, semi-fireproof. A semi-fireproof elevator apartment building. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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