Building Biography

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2501 Sedgwick Avenue

479Records
18City systems
13Open violations
10.2Penalty rate

479 recorded events, 1974–2026, from 18 city data systems. The city's paper trail here is mostly 86 rodent inspections, 84 311 service requests, 48 DOB permits.

BoroughBronx 10468
Built2022
Floors7
Res. units113
ClassD7
Owner (PLUTO)2499 SEDGWICK DEVELOPMENT LLC
BBL2032370009
BIN2015164, 2015165, 2015166, 2015167, 2130477

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 67% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 10.2. In ZIP 10468, 36% of residential buildings hold an A and 17% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations13 total — 4 class C (immediately hazardous), 7 class B, 2 class A. Oldest open since 2017-05-26.

status snapshot refreshed weekly from HPD records

Patterns

6 heat or hot-water complaints in the last three years (winter 2025–26: 4).

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

What 311 hears from this address

61 service requests in the last three years. Most common: Noise (12) · UNSANITARY CONDITION (10) · Illegal Parking (5) · WATER LEAK (5) · Water System (5) · PAINT/PLASTER (4).

Filed construction activity

$334,135 in permitted construction work filed since 2016 (32 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

NoBuilt before 1974 (2022)
YesSix or more residential units (113)
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)2499 Sedgwick Development LLC
Head officerMichael S Froning
Managing agentSKF Property MGMT LLC
Last registered2025-08-25

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$6,111,000 $2,749,950
2026$6,269,000 $2,821,050
2027$19,212,000 $8,645,400

The city's market estimate has risen 214% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 35YR WITH AFF HOUSING PCT

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.

No street-flooding or sewer-backup complaints on record at this address.

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

Subway215 St — 1 · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none
Fordham Rd — 4 · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: full
BusNearest boarding stop: V A Hospital — Bx32 · 700 ft
Citi BikeBailey Ave & Sedgwick Ave · 350 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 310 Marble Hill
Middle: The New School for Leadership and Journalism. 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

2501 Sedgwick 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

61 311 service requests from this address in the last three years — 3 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 SKF PROPERTY MGMT LLC — 28 buildings, 1,676 units. Grades across the portfolio: A17 · B8 · C3. See the whole portfolio

BuildingBoroughUnitsGrade
2501 Sedgwick Avenue BX113 B
972 Woodycrest Avenue BX101 C
3254 Parkside Place BX98 A
829 Tilden Street BX92 A
Bush Street BX91 A
246 Echo Place BX90 A
4607 Park Avenue BX90 A
1760 Boone Avenue BX88 A
E 205 Street BX88 A
162 East 206 Street BX79 A
1144 Evergreen Avenue BX73 A
2302 Webster Avenue BX71 B
2074 Walton Avenue BX67 A
173 East 205th Street BX64 A
1773 Weeks Avenue BX59 A
1318 Southern Boulevard BX59 B
866 East 178 Street BX45 B
1355 Grant Avenue BX44 A
240 East 178 Street BX42 A
2324 Webster Avenue BX40 A
407 East 160 Street BX39 B
2302 Morris Avenue BX39 A
1685 Monroe Avenue BX38 C
66 East Tremont Avenue BX31 B
111 East 183 Street BX11 B
2097 Daly Avenue BX10 A
1319 Prospect Avenue BX7 C
1319 Prospect Avenue BX7 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $14,950,000 on 2024-11-13 (lender: Metropolitan Commercial Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2024-12-02Deed $5,307,800 — from 2499 SEDGWICK DEVELOPMENT LLC to 2499 SEDGWICK DEVELOPMENT LLC; 75 LEX REALTY LLC $5,307,800
2024-12-02Agreement $37,250,000 — from 75 LEX REALTY LLC; 2499 SEDGWICK DEVELOPMENT LLC to METROPOLITAN COMMERCIAL BANK $37,250,000
2024-12-02AL&R $37,250,000 — from 75 LEX REALTY LLC; 2499 SEDGWICK DEVELOPMENT LLC to METROPOLITAN COMMERCIAL BANK $37,250,000
2024-11-15Sold for $5,307,800 $5,307,800 $46,972
2024-11-13Mortgage $14,950,000 — from 2499 SEDGWICK DEVELOPMENT LLC to METROPOLITAN COMMERCIAL BANK $14,950,000
2024-11-13Agreement $37,250,000 — from 2499 SEDGWICK DEVELOPMENT LLC to METROPOLITAN COMMERCIAL BANK $37,250,000
2024-11-13AL&R $37,250,000 — from 2499 SEDGWICK DEVELOPMENT LLC to METROPOLITAN COMMERCIAL BANK $37,250,000
2024-11-13Agreement $3,790,058 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $3,790,058
2022-03-11Mortgage $1,510,063 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $1,510,063
2022-03-11Mortgage $16,999,879 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $16,999,879
2022-03-11AL&R $3,790,058 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $3,790,058
2022-03-11Agreement $3,790,058 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $3,790,058
2022-03-11AL&R $16,999,879 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $16,999,879
2022-03-11AL&R $1,510,063 — from 2499 SEDGWICK DEVELOPMENT LLC to VALLEY NATIONAL BANK $1,510,063
2019-06-21Deed $2,775,000 — from LE, QUOC ANH to 2499 SEDGWICK DEVELOPMENT LLC $2,775,000

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
2023
2024
2025
102
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201723301523
2018000055
2019143111029
2020124601032
2021111382034
202210979742
2023271840554
2024155515545
202596161840
2026219405102
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The full timeline

Construction 103Enforcement 77Housing & tenants 144Ownership & money 46Health & systems 109

Every one of the 479 recorded events, 1974–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10468 · Landlord rankings · How grades work · The map · The Mice Map