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 — or 506 40th St, Brooklyn, NY 11232.
How this building compares
Its 1925 construction date sits close to the 1923 median for stabilized buildings tracked in Sunset Park (Central). HPD lists 22 open violations here, about 3.7 per apartment — 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 — HPD's immediately hazardous grade, and 4 of them are still open. HPD issued 1 new violation at the address in the last twelve months. Tenants have filed 93 HPD complaints at the address, none of them in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Sunset Park (Central) |
| ZIP | 11232 |
| Year built | 1925 |
| Apartments | 6 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 3009170010 |
Owner & management
| Owner | NEW FENG PROPERTY INC 737 55th Street · Brooklyn, NY 11220 |
| Managing agent | TIAN LU |
Building conditions
| HPD violations | 22 open / 36 total · 1 in last 12 mo |
| HPD complaints | 0 open / 93 total |
| HPD registration last filed | September 8, 2025 |
Full building report — $9
Frequently asked questions
Is 506 40th St rent stabilized?
506 40th St in Sunset Park (Central), Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization code is MULTIPLE DWELLING A. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 506 40th St?
506 40th St (BBL 3009170010) has about 6 residential apartments and was built in 1925, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.
Other rent-stabilized buildings in Sunset Park (Central)
See all in Sunset Park (Central) →