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2429 Prospect Avenue

1,103Records
18City systems
46Open violations
1369Penalty rate
Bronx · ZIP 10458 · Neighborhood: Belmont
Open in the map

1,103 recorded events, 1988–2026, from 18 city data systems. The city's paper trail here is mostly 371 HPD housing violations, 323 311 service requests, 303 HPD complaints.

BoroughBronx 10458
Built2004
Floors4
Res. units8
ClassC1
Owner (PLUTO)PROSPECT AVE 2429 LLC
BBL2031040049
BIN2012889

Full record, year by year   Support this site

GRADE F

A sustained record of distress well beyond its peers. More recorded distress than 99% 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 1369. In ZIP 10458, 34% of residential buildings hold an A and 24% 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

Open HPD violations46 total — 18 class C (immediately hazardous), 19 class B, 9 class A. Oldest open since 2019-09-03.

status snapshot refreshed weekly from HPD records

Patterns

91 heat or hot-water complaints in the last three years (winter 2023–24: 38 · winter 2024–25: 27 · winter 2025–26: 16). Repeated winter clusters suggest a chronic heating problem.

38
’23–24
27
’24–25
16
’25–26

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

What 311 hears from this address

116 service requests in the last three years. Most common: HEAT/HOT WATER (35) · UNSANITARY CONDITION (24) · PLUMBING (8) · GENERAL (8) · PAINT/PLASTER (8) · DOOR/WINDOW (6).

Filed construction activity

No permitted work with a declared cost filed in the last decade. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

NoBuilt before 1974 (2004)
YesSix or more residential units (8)
Yes421-a / J-51 tax benefit on the current tax roll

2 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)2429 Prospect Ave MSBD LLC
Head officerBENJAMIN NEUMAN
Managing agentElite Management NY
Last registered2025-02-13

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,613,000 $725,850
2026$1,669,000 $751,050
2027$1,674,000 $753,300

The city's market estimate has risen 4% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 25 YR NO CAP

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.

1 street-flooding or sewer-backup complaints at this address since 2023 (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.

Getting around

SubwayPelham Pkwy — 2 5 · 0.8 mi straight-line (about a 20-minute walk) · station accessibility: full
BusNearest boarding stop: Crotona Av / E 187 St — Bx17 · 250 ft
Citi BikeSouthern Blvd & E 187 St · 450 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 205 Fiorello LaGuardia
Middle: Thomas C. Giordano Middle School 45. 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

2429 Prospect Avenue

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

116 311 service requests from this address in the last three years — 35 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 ELITE MANAGEMENT NY — 15 buildings, 227 units. Grades across the portfolio: A3 · B1 · C3 · D4 · F4. See the whole portfolio

BuildingBoroughUnitsGrade
796 Sterling Place BK82 C
2114 Daly Avenue BX27 F
2182 Atlantic Avenue BK16 C
2048 Mapes Avenue BX13 F
2052 Mapes Avenue BX13 F
3979 Saxon Avenue BX10 A
373 East 157 Street BX10 A
2882 Bailey Avenue BX10 B
957 Teller Avenue BX8 C
1712 Davidson Avenue BX8 A
959 Teller Avenue BX8 D
2429 Prospect Avenue BX8 F
62 East 52 Street BK6 D
382 Barbey Street BK6 D
1073 Clarkson Avenue BK2 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $305,000 on 2022-07-26 (lender: Hanover Community Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-07-26AL&R $1,530,000 — from PROSPECT AVE 2429 LLC to HANOVER COMMUNITY BANK $1,530,000
2022-07-26Mortgage $305,000 — from PROSPECT AVE 2429 LLC to HANOVER COMMUNITY BANK $305,000
2022-07-26Agreement $1,530,000 — from PROSPECT AVE 2429 LLC to HANOVER COMMUNITY BANK $1,530,000
2022-01-04Mortgage $1,225,000 — from PROSPECT AVE 2429 LLC to GOLDEN BRIDGE LLC; GOLDEN BRIDGE FUNDING LLC $1,225,000
2022-01-04Deed $1,325,000 — from FRANK CARPI, AS TRUSTEE; SEEDS OF PROSPERITY TRUST; CARPI, FRANK to PROSPECT AVE 2429 LLC $1,325,000
2021-12-10Sold for $1,325,000 $1,325,000 $165,625

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
340
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201703025
201807029
20190390342
20202200426
20211393245
202209566107
2023133702340
2024116303167
2025111512119
2026011803121
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The full timeline

Construction 16Enforcement 10Housing & tenants 1,022Ownership & money 13Health & systems 42

Every one of the 1,103 recorded events, 1988–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10458 · Landlord rankings · How grades work · The map · The Mice Map