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700 Faile Street

511Records
16City systems
0Open violations
12.5Penalty rate
Bronx · ZIP 10474 · Neighborhood: Hunts Point
Open in the map

511 recorded events, 1972–2026, from 16 city data systems. The city's paper trail here is mostly 208 311 service requests, 111 HPD complaints, 59 HPD housing violations.

BoroughBronx 10474
Built1928
Floors6
Res. units20
ClassC7
Owner (PLUTO)CASTILLO IGNACIO 7
BBL2027630185
BIN2006547

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 56% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 12.5. In ZIP 10474, 42% of residential buildings hold an A and 26% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

Patterns

2 heat or hot-water complaints in the last three years (winter 2024–25: 2).

No bedbug-infested units reported in the last three years of filings.

What 311 hears from this address

40 service requests in the last three years. Most common: Noise (23) · Sewer (5) · Bus Stop Shelter Complaint (3) · Consumer Complaint (2) · Illegal Parking (2) · Water System (2).

Filed construction activity

$1,099,450 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.

Rent-stabilization signals

YesBuilt before 1974 (1928)
YesSix or more residential units (20)
Yes421-a / J-51 tax benefit on the current tax roll

3 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)700 FAILE, LLC
Head officerIGNACIO CASTILLO
Managing agentEXCLUSIVE REALTY CORP
Last registered2025-09-09

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,966,000 $884,700
2026$2,259,000 $1,016,550
2027$2,182,000 $981,900

The city's market estimate has risen 11% between tax years 2025 and 2027.

Tax exemptions on the roll: J51

Building systems

Heating fuelNATURALGAS

Flood exposure

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.

5 street-flooding or sewer-backup complaints at this address since 2024 (5 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.

Getting around

SubwayHunts Point Av — 6 · 0.5 mi straight-line (about a 12-minute walk) · station accessibility: full
BusNearest boarding stop: Hunts Point Av / Spofford Av — Bx6 Bx6-SBS · 150 ft · Select Bus Service
Citi BikeHunts Point Ave & Bryant Ave · 350 ft · station location as of 2026-09-23; live availability
Bike facilityPainted bike lane mapped within 75 ft
School zones (2024–25 map)Elementary: P.S. 048 Joseph R. Drake
Middle: Bronx Academy for Multi-Media. 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.

Report a problem to 311

700 Faile Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

40 311 service requests from this address in the last three years — 1 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.

The landlord's report card

Managed by EXCLUSIVE REALTY CORP — 13 buildings, 618 units. Grades across the portfolio: A5 · B6 · C2. See the whole portfolio

BuildingBoroughUnitsGrade
153 Father Zeiser Place BX152 C
2254 Cedar Avenue BX62 A
135 West Kingsbridge Rd BX58 B
2690 Webb Avenue BX55 A
2269 Hampden Place BX51 A
1291 Spofford Avenue BX46 B
2315 Creston Avenue BX43 A
55 Evelyn Place BX36 B
1135 Hoe Avenue BX32 B
117 Father Zeiser Place BX27 B
1278 Union Avenue BX26 B
700 Faile Street BX20 A
1263 Jerome Avenue BX10 C

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $30,529 on 2022-05-11 (lender: JPMorgan Chase Bank, N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-05-11Agreement $1,675,000 — from FAILE 700, LLC to JPMORGAN CHASE BANK, N.A. $1,675,000
2022-05-11Mortgage $30,530 — from FAILE 700, LLC to JPMORGAN CHASE BANK, N.A. $30,530
2018-12-03AL&R $727,540 — from FAILE 700, LLC to THE CITY OF NEW YORK $727,540
2018-12-03Mortgage $727,540 — from FAILE 700, LLC to THE CITY OF NEW YORK $727,540
2017-06-29Mortgage $647,370 — from FAILE 700, LLC to JPMORGAN CHASE BANK, N.A. $647,370
2017-06-29Agreement $1,800,000 — from JPMORGAN CHASE BANK, N.A. to FAILE 700, LLC $1,800,000
2012-08-23Agreement $1,275,000 — from JPMORGAN CHASE BANK, N.A. to FAILE 700, LLC $1,275,000
2012-08-23Mortgage $1,275,000 — from FAILE 700, LLC to JPMORGAN CHASE BANK, N.A. $1,275,000
2012-08-23Mortgage $344,555 — from FAILE 700, LLC to JPMORGAN CHASE BANK, N.A. $344,555
2007-05-03Agreement $1,000,000 — from FAILE 700, LLC to WASHINGTON MUTUAL BANK $1,000,000
2007-05-03Mortgage $449,269 — from FAILE 700, LLC to WASHINGTON MUTUAL BANK $449,269
2002-08-30Mortgage $600,000 — from FAILE 700, LLC to CARVER FEDERAL SAVINGS BANK $600,000
1998-05-28Mortgage $46,308 — from FAILE 700, LLC to GREENPOINT BANK $46,308
1997-01-16Mortgage $206,500 — from ALSALDI, KAID A.; MOHAMED, SHAYA S. to GREENPOINT BANK $206,500

Ten-year activity

50250
2017
33
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201722192126
201868163033
201910280130
202000150116
202120120115
202206133123
20231080211
202473210132
202520200325
202600100111
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The full timeline

Construction 40Enforcement 34Housing & tenants 387Ownership & money 35Health & systems 15

Every one of the 511 recorded events, 1972–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10474 · Landlord rankings · How grades work · The map · The Mice Map