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NYC Building Records · BBL 3053990067

723 EAST 5 STREET

Brooklyn · Block 5399 · Lot 67 · Walk-up, over six families (Class C1)

723 EAST 5 STREET is a Class C1 (walk-up, over six families) building in Brooklyn (BBL 3053990067) built in 1930, with 21 residential units across 4 floors.

The building is in NYC community district 312, council district 40, zoning district R5, on a 6,600-square-foot lot with a building footprint of 21,840 square feet.

The current registered owner of record per NYC PLUTO is OCEAN 5 LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

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

OCEAN 5 LLC
HPD-registered head officer: STEVEN MULLER

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerSTEVEN MULLER
  • Corporate OwnerOCEAN 5 LLC
  • Managing AgentMULLSTONE REALTY
  • Site ManagerFADIL BASIC

Most recent deed

Last transferred on Aug 23, 2016 for $5.0M to Ocean 5 Llc.
Previous owner: 723 E. 5th Realty Llc
Mortgage: $3.3M recorded Aug 23, 2016 with Midwood Group Realty Llc. Loan-to-value: 65%.
🔒 See all transfers before the 2016 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Nov 11, 2020AGMT$3.8MParties redacted — full names in MetroDeeds Scout+
Oct 16, 2017MTGE$700KParties redacted — full names in MetroDeeds Scout+
Oct 16, 2017AGMT$4.0MParties redacted — full names in MetroDeeds Scout+
Aug 23, 2016DEED$5.0MParties redacted — full names in MetroDeeds Scout+
Aug 23, 2016MTGE$1.6MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
21
Year built
1930
Class
C1
Borough
Brooklyn
Zoning:
R5
Lot size:
6,600 sqft
Building area:
21,840 sqft
Floors:
4
Assessed value:
$637K
Community district:
312
Council district:
40

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 BInspected May 2, 2026
    § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF LOCKABLE KNOB AT DOOR PREVENTING ENTRANCE TO FIRE ESCAPE IN THE 5th ROOM F…
  • Class CInspected Mar 10, 2026
    § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MIS…
  • Class BInspected Feb 16, 2026
    § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR ...AT CEILING IN THE 1st ROOM FROM EAST LO…
  • Class BInspected Feb 16, 2026
    § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK ...AT CEILING AND EAST WALL IN THE 1st ROOM FROM EAST…
  • Class BInspected Feb 16, 2026
    § 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVI…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Nov 11, 2020).

Frequently asked questions about 723 EAST 5 STREET

Who owns 723 EAST 5 STREET?

The current registered owner of record for 723 EAST 5 STREET per NYC PLUTO is OCEAN 5 LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 723 EAST 5 STREET last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 723 EAST 5 STREET in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).

How many HPD violations does 723 EAST 5 STREET have?

No open HPD housing-maintenance code violations are on record for 723 EAST 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 723 EAST 5 STREET?

NYC Department of Finance assesses 723 EAST 5 STREET at $637K 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 723 EAST 5 STREET and what does that mean?

723 EAST 5 STREET is NYC building class C1 — Walk-up, over six families. A 3-to-6-story walk-up apartment building with more than 6 residential units. 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.

More from MetroDeeds

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