4,860 recorded events, 1967–2026, from 20 city data systems. The city's paper trail here is mostly 1,896 HPD complaints, 1,225 HPD housing violations, 1,180 311 service requests.
Full record, year by year Support this site
A sustained record of distress well beyond its peers. More recorded distress than 99% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 737.4. In ZIP 10456, 34% of residential buildings hold an A and 24% grade D or F. How grades work
Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 267 total — 121 class C (immediately hazardous), 108 class B, 38 class A. Oldest open since 2018-05-18. |
| Pending HPD litigation | 2 case(s) pending in housing court |
| Active vacate order | 18 unit(s) under an unrescinded HPD vacate order |
status snapshot refreshed weekly from HPD records
129 heat or hot-water complaints in the last three years (winter 2023–24: 32 · winter 2024–25: 31 · winter 2025–26: 63). Repeated winter clusters suggest a chronic heating problem.
2 bedbug-infested unit(s) reported in filings over the last three years.
$49,305 in enforcement penalties imposed (ECB/OATH) in the last three years.
307 service requests in the last three years. Most common: HEAT/HOT WATER (61) · UNSANITARY CONDITION (43) · Noise (35) · PAINT/PLASTER (30) · WATER LEAK (29) · PLUMBING (26).
$326,978 in permitted construction work filed since 2016 (8 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.
| Yes | Built before 1974 (1927) |
| Yes | Six or more residential units (49) |
| No | 421-a / J-51 tax benefit on the current tax roll |
2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | NYC CAPITAL VALUE FUND II |
| Head officer | DOUGLAS PETERSON |
| Managing agent | LANGSAM PROP. SER. CORP. |
| Last registered | 2025-10-15 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $3,462,000 | $1,557,900 |
| 2026 | $3,497,000 | $1,573,650 |
| 2027 | $3,380,000 | $1,521,000 |
The city's market estimate has fallen 2% between tax years 2025 and 2027.
| Energy grade (LL33) | D — ENERGY STAR score 48/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Not in a hurricane evacuation zone.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
2 street-flooding or sewer-backup complaints at this address since 2021 (0 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | 161 St-Yankee Stadium — 4 B D · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Grand Concourse / E 163 St — Bx1 Bx2 · 550 ft |
| Citi Bike | Grand Concourse & E 164 St · 650 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 035 Franz Siegel. Confirm with the DOE's school search. |
Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.
974 Sheridan Avenue
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Anything else | Anything else |
307 311 service requests from this address in the last three years — 61 of them about heat or hot water.
311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.
Managed by LANGSAM PROPERTY SERVICES CORP — 215 buildings, 8,744 units. Grades across the portfolio: A42 · B80 · C57 · D26 · F9. See the whole portfolio
showing 60 of 215 buildings
Most recent mortgage recorded against this lot: $1,675,000 on 2016-03-07 (lender: Peapack-Gladstone Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2018-04-05 | M&CON $8,100,000 — from NYC CAPITAL VALUE FUND II, LLC to SIGNATURE BANK | $8,100,000 | |
| 2018-04-05 | AL&R $8,100,000 — from NYC CAPITAL VALUE FUND II, LLC to SIGNATURE BANK | $8,100,000 | |
| 2016-03-07 | Mortgage $1,675,000 — from NYC CAPITAL VALUE FUND II, LLC to PEAPACK-GLADSTONE BANK | $1,675,000 | |
| 2016-03-07 | AL&R $1,675,000 — from NYC CAPITAL VALUE FUND II, LLC to PEAPACK-GLADSTONE BANK | $1,675,000 | |
| 2014-01-23 | Agreement $5,000,000 — from NYC CAPITAL VALUE FUND II LLC; NYC CAPITAL VALUE FUND II LLC to PEAPACK-GLADSTONE BANK; PEAPACK-GLADSTONE BANK | $5,000,000 | |
| 2014-01-23 | AL&R $5,000,000 — from NYC CAPITAL VALUE FUND II LLC; NYC CAPITAL VALUE FUND II LLC to PEAPACK-GLADSTONE BANK; PEAPACK-GLADSTONE BANK | $5,000,000 | |
| 2014-01-23 | Mortgage $1,569,121 — from NYC CAPITAL VALUE FUND II LLC to PEAPACK-GLADSTONE BANK | $1,569,121 | |
| 2014-01-23 | Agreement $5,000,000 — from NYC CAPITAL VALUE FUND II LLC; NYC CAPITAL VALUE FUND II LLC to PEAPACK-GLADSTONE BANK; PEAPACK-GLADSTONE BANK | $5,000,000 | |
| 2014-01-23 | AL&R $5,000,000 — from NYC CAPITAL VALUE FUND II LLC; NYC CAPITAL VALUE FUND II LLC to PEAPACK-GLADSTONE BANK; PEAPACK-GLADSTONE BANK | $5,000,000 | |
| 2011-04-22 | AL&R $3,600,000 — from NYC CAPITAL VALUE FUND II, LLC to HUDSON VALLEY BANK, N.A. | $3,600,000 | |
| 2011-04-22 | Agreement $3,600,000 — from NYC CAPITAL VALUE FUND II, LLC to HUDSON VALLEY BANK, N.A. | $3,600,000 | |
| 2011-04-22 | Mortgage $240,000 — from NYC CAPITAL VALUE FUND II, LLC to HUDSON VALLEY BANK, N.A. | $240,000 | |
| 2008-03-03 | Agreement $3,360,000 — from NEW YORK COMMUNITY BANK to NYC CAPITAL VALUE FUND II, LLC | $3,360,000 | |
| 2008-03-03 | Mortgage $910,000 — from NYC CAPITAL VALUE FUND II, LLC to NEW YORK COMMUNITY BANK | $910,000 | |
| 2006-11-06 | Agreement $2,450,000 — from NYC CAPITAL VALUE FUND II LLC to NEW YORK COMMUNITY BANK | $2,450,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 6 | 4 | 187 | 0 | 7 | 204 |
| 2018 | 0 | 2 | 110 | 6 | 8 | 126 |
| 2019 | 0 | 1 | 52 | 0 | 3 | 56 |
| 2020 | 1 | 4 | 52 | 0 | 3 | 60 |
| 2021 | 0 | 1 | 110 | 0 | 2 | 113 |
| 2022 | 0 | 6 | 238 | 0 | 5 | 249 |
| 2023 | 0 | 8 | 207 | 0 | 3 | 218 |
| 2024 | 6 | 18 | 595 | 2 | 7 | 628 |
| 2025 | 1 | 8 | 281 | 0 | 6 | 296 |
| 2026 | 2 | 12 | 467 | 0 | 4 | 485 |
Every one of the 4,860 recorded events, 1967–2026, is laid out year by year in the full report (print-ready).
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