197 Prospect Avenue Brooklyn · Kings County · 11215

AGREEMENT $1,675,000 Mar 9, 2023

party 1 197 Prospect Av LLC

party 2 Newtek Bank, N.A.

ASSIGNMENT OF LEASES AND RENTS $1,675,000 Mar 9, 2023

assignor 197 Prospect Av LLC

assignee Newtek Bank, N.A.

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ASSIGNMENT, MORTGAGE Mar 9, 2023

assignor/old lender Toorak Capital Partners, LLC

assignee/new lender Newtek Bank, N.A.

ASSIGNMENT, MORTGAGE Mar 9, 2023

assignor/old lender Toorak Capital Partners, LLC

assignee/new lender Newtek Bank, N.A.

TERMINATION OF ASSIGN OF L&R Mar 9, 2023

party one Toorak Capital Partners, LLC

TERMINATION OF ASSIGN OF L&R Mar 9, 2023

party one Toorak Capital Partners, LLC

party two 197 Prospect Av LLC

ASSIGNMENT, MORTGAGE Aug 22, 2022

assignor/old lender Ice Lender Holdings LLC

assignee/new lender Toorak Capital Partners, LLC

ASGN OF ASGN OF L&R Aug 22, 2022

assignor Ice Lender Holdings LLC

assignee Toorak Capital Partners, LLC

ASSIGNMENT, MORTGAGE Aug 22, 2022

assignor/old lender Ice Lender Holdings LLC

assignee/new lender Toorak Capital Partners, LLC

ASGN OF ASGN OF L&R Aug 22, 2022

assignor Ice Lender Holdings LLC

assignee Toorak Capital Partners, LLC

MORTGAGE $1,211,250 Jul 27, 2022

mortgagor/borrower 197 Prospect Av LLC

mortgagee/lender Ice Lender Holdings LLC

ASSIGNMENT OF LEASES AND RENTS $1,211,250 Jul 27, 2022

assignor 197 Prospect Av LLC

assignee Ice Lender Holdings LLC

MORTGAGE $325,000 Jul 27, 2022

mortgagor/borrower 197 Prospect Av LLC

mortgagee/lender Ice Lender Holdings LLC

ASSIGNMENT OF LEASES AND RENTS $325,000 Jul 27, 2022

assignor 197 Prospect Av LLC

assignee Ice Lender Holdings LLC

DEED $800,000 Jul 15, 2022

grantor/seller Chung, John; Hong, Perry +1

grantee/buyer 197 Prospect Av LLC

ASSIGN/TERM OF CONTRACT/BID $625,000 Jul 15, 2022

party one 197 Prospect Ave Brooklyn, LLC

party two 197 Prospect Av LLC

DEED May 17, 2021

grantor/seller Chung, John; Chung, Yuet Kwei Chiu +5

grantee/buyer Chung, John; Hong, Perry +1

DEED Aug 18, 1989

grantor/seller Chung, Yuk Lin; Pang, Chung Ser +1

grantee/buyer Ko, Sheung Kai Chung; Yuk, Ko Ser

DEED Feb 5, 1980

grantor/seller Scotto Maria; Scotto Michele

grantee/buyer Chung Ser Pang; Ko Ser Yuk +1

Boiler Active Nov 14, 2025

DOB violations — total 13 · open 2 · dismissed 11

VIOLATION ISSUED-FAILURE TO FILE 2024 EXTERNAL LOW PRESSURE INSPECTION

LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED Dismissed Apr 6, 2018

VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2016 INSPECTION REPORT

LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED Dismissed Dec 13, 2011

VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2010 INSPECTION REPORT

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jan 3, 2008

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LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jan 31, 2005

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 16, 1999

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed May 4, 1998

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Sep 16, 1997

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 10, 1997

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Aug 29, 1995

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jun 1, 1994

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Active Aug 16, 1993

LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jun 1, 1993

A · Non-hazardous Closed May 5, 2026

DOB complaints — total 16 · open 0 · closed 16

Category 7R Closed Oct 14, 2025

Complaint 3A33080

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Category 1U Closed May 9, 2025

Complaint 3A13062

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Category 7J Closed Sep 2, 2022

Complaint 3871984

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Work contrary to stop-work order Closed Jun 3, 2022

Complaint 3857287

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Work contrary to stop-work order Closed Jun 3, 2022

Complaint 3857273

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Work contrary to stop-work order Closed Jun 2, 2022

Complaint 3857151

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Work contrary to stop-work order Closed Jun 2, 2022

Complaint 3857194

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Category 7J Closed Jun 2, 2022

Complaint 3857149

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Category 7J Closed Jun 2, 2022

Complaint 3857112

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Work contrary to stop-work order Closed Jun 2, 2022

Complaint 3857109

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Category 7J Closed Jun 2, 2022

Complaint 3857195

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Work contrary to stop-work order Closed Jun 1, 2022

Complaint 3856917

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Work contrary to stop-work order Closed May 31, 2022

Complaint 3856621

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Category 7J Closed May 31, 2022

Complaint 3856629

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Illegal conversion Closed May 31, 2022

Complaint 3856627

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Category 7J Closed May 28, 2022

Complaint 3856430

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HPD violations — total 29 · open 10 · closed 19

(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 HPDS WEBSITE, WWW.NYC.G

A · Non-hazardous Closed Jun 10, 2025

(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 HPDS WEBSITE, WWW.NYC.G

§ 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT CEILING & WEST WALL IN THE KITCHEN LOCATED AT APT 3L, 3rd STORY, 1st APARTMENT FROM SOUTH AT WEST

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§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR CEILING & WEST WALL IN THE KITCHEN LOCATED AT APT 3L, 3rd STOR

§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR CEILING IN THE BATHROOM LOCATED AT APT 3L, 3rd STORY, 1st APAR

§ 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK CEILING IN THE BATHROOM LOCATED AT APT 3L, 3rd STORY, 1st APARTMENT FROM SOUTH AT WEST

§ 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF VACUUM & HOUSEHOLD ITEMS AT PUBLIC HALL, 3rd STORY

§ 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE WOOD BALUSTER AT PUBLIC HALL STAIRS, 3rd STORY

A · Non-hazardous Closed 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 HPDS WEBSITE, WWW.NYC.G

I · Order to correct Closed Nov 9, 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 SUBJECT TO CIVIL PEN

A · Non-hazardous Closed Mar 1, 2022

(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 HPDS WEBSITE, WWW.NYC.G

B · Hazardous Open Feb 9, 2020

§ 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM E

B · Hazardous Open Feb 9, 2020

§ 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM EAST AT SOUTH

§ 300 M/D LAW FILE PLANS AND APPLICATION AND LEGALIZE THE FOLLOWING ALTERATION OR RESTORE TO THE LEGAL CONDITION EXISTING PRIOR TO THE MAKING OF SAID ALTERATION

C · Immediately hazardous Closed Feb 9, 2020

§ 27-2005, 2007 ADM CODE REMOVE THE ILLEGAL FASTENING CONSISTING OF SLIDE BOLT CAPABLE TO BEING PADLOCKED INSTALLED AT METAL GATE AT FIRE ESCAPE WINDOW IN THE K

C · Immediately hazardous Closed Feb 9, 2020

§ 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE , IN THE ENTRANCE LOCATED AT APT 3R, 3rd STORY, 1st APA

B · Hazardous Open Feb 9, 2020

§ 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIALS AT SOUTH WALL AT PUBLIC HALL, 3rd STORY

§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT SOUTH WALL AT PUBLIC HALL, 3rd STORY

§ 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES THAT SHOULD BE FOLL

§ 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MU

§ 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX , AT PUBLIC HALL, 1st ST

§ 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE B

§ 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCYS HOUSING INFORM

C · Immediately hazardous Closed Feb 9, 2020

§ 27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO HAVE KEY TO BUILDINGS

I · Order to correct Closed Oct 31, 2019

§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 SUBJECT TO CIVIL PEN

I · Order to correct Closed Nov 14, 2016

§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 SUBJECT TO CIVIL PEN

I · Order to correct Closed Oct 13, 2015

§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 SUBJECT TO CIVIL PEN

I · Order to correct Closed Feb 24, 2015

§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 SUBJECT TO CIVIL PEN

B · Hazardous Open Jun 29, 2014

§ 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FROM SUNSET EVERY DAY TO SUNR