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Is 506 40th St rent stabilized?

506 40th St is a registered NYC rent-stabilized building in Sunset Park (Central), Brooklyn (11232). It has about 6 apartments, built in 1925.

Also written as 506 40th Street โ€” or 506 40th St, Brooklyn, NY 11232.

How this building compares

With about 6 apartments it sits near the middle of the 382 rent-stabilized buildings this site tracks in Sunset Park (Central), where the median building has 6. Its 1925 construction date sits close to the 1923 median for stabilized buildings tracked in the neighborhood. HPD lists 22 open violations here, about 3.7 per apartment โ€” above the 0.8 per apartment median for tracked buildings in the neighborhood. Of the 36 violations on record at the address, 7 are class C โ€” HPD's immediately hazardous grade. Tenants have filed 93 HPD complaints at the address, none of them in the last twelve months.

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Building details

BoroughBrooklyn
NeighborhoodSunset Park (Central)
ZIP11232
Year built1925
Apartments6
Rent-stabilizedYes โ€” DHCR registered
Stabilization codeMULTIPLE DWELLING A
BBL3009170010

Owner & management

OwnerNEW FENG PROPERTY INC
737 55th Street ยท Brooklyn, NY 11220
Managing agentTIAN LU

Building conditions

HPD violations22 open / 36 total ยท 1 in last 12 mo
HPD complaints0 open / 93 total
HPD registration last filedSeptember 8, 2025

Full building report โ€” $9

๐Ÿ“„ Get the full building report โ€” $9. How this building's violation record compares citywide, who owns it and what else they own, and a pre-filled DHCR rent-history request. One-time, no account needed. The report also states plainly what the data cannot tell you. Get the report for 506 40th St →

Other rent-stabilized buildings in Sunset Park (Central)

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See all in Sunset Park (Central) โ†’

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