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NYC Building Records · BBL 3011620061

517 PARK PLACE

Brooklyn · Block 1162 · Lot 61 · Walk-up, pre-1929 (Class C3)

517 PARK PLACE is a Class C3 (walk-up, pre-1929) building in Brooklyn (BBL 3011620061) built in 1931, with 4 residential units across 4 floors.

The building is in NYC community district 308, council district 35, zoning district R6B, on a 2,620-square-foot lot with a building footprint of 4,860 square feet.

The current registered owner of record per NYC PLUTO is 517 PARK PLACE LLC.

The most recent ACRIS deed transfer for this BBL was recorded on August 30, 2023 when YOUNG, DI-NOLA; YOUNG WILLIAMS, ARETHA conveyed the property to 517 PARK PLACE LLC for $2.20M. The transaction was financed with a $1.20M mortgage from Emerald Creek Capital 3 Llc.

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

517 PARK PLACE LLC
HPD-registered head officer: James Grasso

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerJames Grasso
  • Corporate Owner517 Park Place LLC
  • Managing AgentMayra Carrasco

Most recent deed

Last transferred on Aug 30, 2023 for $2.2M to 517 PARK PLACE LLC.
Previous owner: YOUNG, DI-NOLA; YOUNG WILLIAMS, ARETHA
Mortgage: $1.2M recorded Aug 30, 2023 with Emerald Creek Capital 3 Llc. Loan-to-value: 55%.
🔒 See all transfers before the 2023 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
May 28, 2024AGMT$470KParties redacted — full names in MetroDeeds Scout+
Aug 30, 2023MTGE$1.2MParties redacted — full names in MetroDeeds Scout+
Aug 30, 2023MTGE$1.2MParties redacted — full names in MetroDeeds Scout+
Aug 30, 2023MTGE$243KParties redacted — full names in MetroDeeds Scout+
Aug 30, 2023DEED$2.2MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
4
Year built
1931
Class
C3
Borough
Brooklyn
Zoning:
R6B
Lot size:
2,620 sqft
Building area:
4,860 sqft
Floors:
4
Assessed value:
$574K
Community district:
308
Council district:
35

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected May 5, 2026
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 29, 2024
    §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 AInspected Apr 11, 2024
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 22, 2023
    §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 AInspected Mar 24, 2023
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent May 28, 2024).

Other buildings in this portfolio

517 PARK PLACE LLC controls 6 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 517 PARK PLACE

Who owns 517 PARK PLACE?

The current registered owner of record for 517 PARK PLACE per NYC PLUTO is 517 PARK PLACE LLC. The most recent ACRIS deed transfer for this BBL was recorded on August 30, 2023 when the property was conveyed to 517 PARK PLACE 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 517 PARK PLACE last sold?

The most recent ACRIS deed transfer for 517 PARK PLACE was recorded on August 30, 2023, when YOUNG, DI-NOLA; YOUNG WILLIAMS, ARETHA conveyed the property to 517 PARK PLACE LLC for $2.20M. The transaction was financed with a $1.20M mortgage from Emerald Creek Capital 3 Llc.

How many HPD violations does 517 PARK PLACE have?

No open HPD housing-maintenance code violations are on record for 517 PARK PLACE 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 517 PARK PLACE?

NYC Department of Finance assesses 517 PARK PLACE at $574K 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 517 PARK PLACE and what does that mean?

517 PARK PLACE is NYC building class C3 — Walk-up, pre-1929. A walk-up apartment building constructed before 1929, typically 3-6 stories and often rent-stabilized. 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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