407 SOUTH 5 STREET
407 SOUTH 5 STREET is a Class B1 (two-family brick) building in Brooklyn (BBL 3024510019) built in 1920, with 2 residential units across 3 floors.
The building is in NYC community district 301, council district 34, zoning district R6, on a 1,500-square-foot lot with a building footprint of 2,400 square feet.
The current registered owner of record per NYC PLUTO is LOS SURES TPT YR15 HOUSING DEVELOPMENT F UND CORPOR.
The most recent ACRIS deed transfer for this BBL was recorded on July 29, 2024 when SOUTH NINTH & BEDFORD L.P. conveyed the property to LOS SURES TPT YR15 HOUSING DEVELOPMENT FUND CORPOR; LOS SURES TPT YR15 LLC for $1. The transaction was recorded as cash (no paired mortgage instrument).
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.
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
HPD registered contacts
- Head OfficerMARTIN NEEDELMAN
- Corporate OwnerSOUTH 9TH & BEDFORD
- Managing AgentLOS SURES MANAGEMENT
- Site ManagerMichael Gordon
Most recent deed
Recent ACRIS documents (last 1)
Building stats
- Zoning:
- R6
- Lot size:
- 1,500 sqft
- Building area:
- 2,400 sqft
- Floors:
- 3
- Assessed value:
- $111K
- Community district:
- 301
- Council district:
- 34
HPD violations
Recent HPD violation details
- Class IInspected Nov 24, 2025§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Nov 17, 2022§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class BInspected Jul 12, 2021§ 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING LOCATED AT APT 1, 1st STORY, APARTMENT AT EAST
- Class BInspected Jul 12, 2021§ 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING IN THE BATHROOM LOCATED AT APT 1…
- Class IInspected Apr 21, 2021§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
Recent ACRIS activity
Other buildings in this portfolio
- 483 VAN BUREN STREET538 violations
- 142 CENTRAL AVENUE200 violations
- 27 BEAVER STREET82 violations
- 160 SOUTH 2 STREET23 violations
Frequently asked questions about 407 SOUTH 5 STREET
Who owns 407 SOUTH 5 STREET?
The current registered owner of record for 407 SOUTH 5 STREET per NYC PLUTO is LOS SURES TPT YR15 HOUSING DEVELOPMENT F UND CORPOR. The most recent ACRIS deed transfer for this BBL was recorded on July 29, 2024 when the property was conveyed to LOS SURES TPT YR15 HOUSING DEVELOPMENT FUND CORPOR; LOS SURES TPT YR15 LLC. 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 407 SOUTH 5 STREET last sold?
The most recent ACRIS deed transfer for 407 SOUTH 5 STREET was recorded on July 29, 2024, when SOUTH NINTH & BEDFORD L.P. conveyed the property to LOS SURES TPT YR15 HOUSING DEVELOPMENT FUND CORPOR; LOS SURES TPT YR15 LLC for $1. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 407 SOUTH 5 STREET have?
No open HPD housing-maintenance code violations are on record for 407 SOUTH 5 STREET as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 407 SOUTH 5 STREET?
NYC Department of Finance assesses 407 SOUTH 5 STREET at $111K 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 407 SOUTH 5 STREET and what does that mean?
407 SOUTH 5 STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. 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.