Building Biography

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2875 Sedgwick Avenue

2,490Records
19City systems
40Open violations
127.5Penalty rate

2,490 recorded events, 1967–2026, from 19 city data systems. The city's paper trail here is mostly 1,035 311 service requests, 545 HPD complaints, 440 HPD housing violations.

BoroughBronx 10468
Built1927
Floors6
Res. units85
ClassD4
Owner (PLUTO)2875 SEDGWICK OWNERS CORP.
BBL2032530255
BIN2015580

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 83% 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 127.5. 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 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations40 total — 15 class C (immediately hazardous), 9 class B, 16 class A. Oldest open since 2005-11-07.
Pending HPD litigation1 case(s) pending in housing court

status snapshot refreshed weekly from HPD records

Patterns

149 heat or hot-water complaints in the last three years (winter 2023–24: 75 · winter 2024–25: 42 · winter 2025–26: 30). Repeated winter clusters suggest a chronic heating problem.

75
’23–24
42
’24–25
30
’25–26

7 bedbug-infested unit(s) reported in filings over the last three years.

$63,750 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

279 service requests in the last three years. Most common: Noise (85) · HEAT/HOT WATER (74) · PAINT/PLASTER (16) · UNSANITARY CONDITION (16) · Building/Use (16) · WATER LEAK (12).

Filed construction activity

$277,699 in permitted construction work filed since 2016 (7 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 (1927)
YesSix or more residential units (85)
No421-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 with HPD — the names behind the building

Registered owner(s)2875 SEDGWICK AVE OWNERS CORP
Head officerRONALD J EDELSTEIN
Managing agentFive Gems Management Corp
Last registered2025-08-26

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$4,270,000 $1,921,500
2026$4,881,000 $2,196,450
2027$5,339,000 $2,402,550

The city's market estimate has risen 25% between tax years 2025 and 2027.

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2021 estimate: gross income $1,481,780 a year ($13.82 per sq ft), operating expenses $902,792 ($8.42 per sq ft), net operating income $578,988. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)B — ENERGY STAR score 74/100 (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)UNSAFE — unsafe conditions reported (cycle 9)

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 2016 (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

Subway231 St — 1 · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
BusNearest boarding stop: Sedgwick Av / W 231 St — Bx3 · 400 ft
Citi BikeSedgwick Ave & W 231 St · 250 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 360
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

2875 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

279 311 service requests from this address in the last three years — 74 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 FIVE GEMS MANAGEMENT CORP — 5 buildings, 344 units. Grades across the portfolio: A1 · B3 · C1. See the whole portfolio

BuildingBoroughUnitsGrade
5000 Broadway MN85 B
2875 Sedgwick Avenue BX85 B
867 West 181 Street MN72 B
812 West 181 Street MN54 A
55 Nagle Avenue MN48 C

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $548,530 on 2026-08-27 (lender: Chazan Lending Services INC). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-08-27Mortgage $548,530 — from 2875 SEDGWICK OWNERS CORP. to CHAZAN LENDING SERVICES INC $548,530
2026-08-27Agreement $1,900,000 — from 2875 SEDGWICK OWNERS CORP. to CHAZAN LENDING SERVICES INC $1,900,000
2016-03-09Agreement $1,754,298 — from 2875 SEDGWICK OWNERS CORP. to M & T REAL ESTATE TRUST $1,754,298
2014-12-22Agreement $2,200,000 — from 2875 SEDGWICK OWNERS CORP. to M & T REAL ESTATE TRUST $2,200,000
2013-03-15RPTT&RET $10,000 — from BAYVIEW LOAN SERVICING AS FORECLOSING LE to COHEN , CARMEN $10,000
2007-06-11RPTT&RET $131,820 — from LEMAD EQUITIES LLC to DUCASSE, CARMEN A $131,820
2007-05-22RPTT&RET $98,481 — from 2875 SEDGWICK ASSOCIATES to FAMILIA, GABRIEL H; URENA-FAMILIA, GISELA A $98,481
2007-01-22RPTT&RET $130,472 — from 2875 SEDGWICK ASSOCIATES; JEREZ, MARIA to JEREZ, MARIA $130,472
2006-10-13RPTT&RET $70,980 — from TIME EQUITIES ASSOCIATES LLC; 2875 SEDGWICK ASSOCIATES to RAMOS, MARIA $70,980
2006-05-12RPTT&RET $75,000 — from GERARD, JEAN-CHARLES to DJORDJEVIC, MARK $75,000
2004-04-14Mortgage $10,000 — from 2875 SEDGWICK OWNERS CORP. to EDELSTEIN, RONALD $10,000
2004-04-14Agreement $2,200,000 — from 2875 SEDGWICK OWNERS CORP. to M & T REAL ESTATE TRUST $2,200,000
2004-04-14Mortgage $300,000 — from 2875 SEDGWICK OWNERS CORP. to M & T REAL ESTATE TRUST $300,000
1997-11-06Mortgage $1,550,000 — from 2875 SEDGWICK OWNERSCORP to EDELSTEIN, ROANLD $1,550,000
1997-11-06Mortgage $1,900,000 — from 2875 SEDGWICK OWNERSCORP to EDELSTEIN, RONALD $1,900,000

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
315
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201711280434
20186213102141
201928670279
202001618000196
202112120903234
202212216205190
202343414805191
202422928103315
2025111720125236
20265613323149
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The full timeline

Construction 53Enforcement 219Housing & tenants 2,052Ownership & money 119Health & systems 47

Every one of the 2,490 recorded events, 1967–2026, 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