96 recorded events, 1981–2026, from 15 city data systems. The city's paper trail here is mostly 23 DOB job filings, 20 ACRIS deeds & mortgages, 14 DOB permits.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 78% 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 74.8. In ZIP 11215, 70% of residential buildings hold an A and 4% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 2 total — 0 class C (immediately hazardous), 2 class B, 0 class A. Oldest open since 2025-01-24. |
status snapshot refreshed weekly from HPD records
5 heat or hot-water complaints in the last three years (winter 2024–25: 5).
No bedbug-infested units reported in the last three years of filings.
11 service requests in the last three years. Most common: HEAT/HOT WATER (2) · Snow or Ice (2) · Illegal Dumping (1) · Rodent (1) · Building/Use (1) · Non (1).
$8,234,100 in permitted construction work filed since 2016 (22 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 (1900) |
| Yes | Six or more residential units (6) |
| 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) | TOWNHOUSE RENTAL VII, LLC |
| Head officer | GLEN BROWN |
| Managing agent | FREESTONE PROPERTY GROUP LLC |
| Last registered | 2026-07-16 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $742,000 | $333,900 |
| 2026 | $791,000 | $355,950 |
| 2027 | $2,070,000 | $931,500 |
The city's market estimate has risen 179% between tax years 2025 and 2027.
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.
| Subway | 7 Av — B Q · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none Grand Army Plaza — 2 3 · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 7 Av / Union St — B67 B69 · 450 ft |
| Citi Bike | Carroll St & 6 Ave · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 321 William Penn. 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.
786 President Street
| 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 |
11 311 service requests from this address in the last three years — 2 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 FREESTONE PROPERTY GROUP LLC — 418 buildings, 2,029 units. Grades across the portfolio: A122 · B90 · C94 · D97 · F15. See the whole portfolio
showing 60 of 418 buildings
Most recent mortgage recorded against this lot: $32,992,434 on 2024-05-09 (lender: Invesco Commercial Real Estate Finance Investments), covering 22 lots — the amount covers all of them. Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-07-15 | Agreement $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC | $88,737,879 | |
| 2026-07-15 | AL&R $88,737,879 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INCREF INVESTMENTS MS SELLER, LLC | $88,737,879 | |
| 2024-05-09 | AL&R $40,724,036 — from TOWNHOUSE RENTAL VII, L.L.C.; TOWNHOUSE RENTAL VIII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I | $40,724,036 | |
| 2024-05-09 | Agreement $40,724,036 — from TOWNHOUSE RENTAL VII, L.L.C.; TOWNHOUSE RENTAL VIII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I | $40,724,036 | |
| 2024-05-09 | Mortgage $32,992,435 — from TOWNHOUSE RENTAL VIII, L.L.C.; TOWNHOUSE RENTAL VII, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I | $32,992,435 | |
| 2024-05-08 | Deed $8,906,282 — from 784-6 PRESIDENT ST, LLC to TOWNHOUSE RENTAL VIII, L.L.C. | $8,906,282 | |
| 2024-05-02 | Sold for $8,906,282 | $8,906,282 | $1,484,380 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2018 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2019 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 5 | 0 | 0 | 0 | 0 | 5 |
| 2022 | 15 | 3 | 1 | 0 | 0 | 19 |
| 2023 | 7 | 1 | 1 | 0 | 1 | 10 |
| 2024 | 10 | 0 | 5 | 12 | 0 | 27 |
| 2025 | 3 | 2 | 16 | 4 | 2 | 27 |
| 2026 | 0 | 0 | 2 | 4 | 0 | 6 |
Every one of the 96 recorded events, 1981–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11215 · Landlord rankings · How grades work · The map · The Mice Map