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550 7 Street

222Records
16City systems
4Open violations
7.5Penalty rate
Brooklyn · ZIP 11215 · Neighborhood: Park Slope
Open in the map

222 recorded events, 1973–2026, from 16 city data systems. The city's paper trail here is mostly 56 HPD housing violations, 50 311 service requests, 24 ACRIS deeds & mortgages.

BoroughBrooklyn 11215
Built1905
Floors4
Res. units8
ClassC1
Owner (PLUTO)550 SEVENTH STREET ASSOCIATES, LLC
BBL3010890011
BIN3025811

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 67% 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 7.5. In ZIP 11215, 70% of residential buildings hold an A and 4% 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 violations4 total — 3 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2017-08-05.

status snapshot refreshed weekly from HPD records

Patterns

No heat or hot-water complaints in the last three years.

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

What 311 hears from this address

16 service requests in the last three years. Most common: Water System (5) · Blocked Driveway (3) · Lead (2) · Illegal Dumping (1) · Street Condition (1) · Real Time Enforcement (1).

Filed construction activity

$483,633 in permitted construction work filed since 2016 (4 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 (1905)
YesSix or more residential units (8)
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)550 SEVENTH STREET ASSOCIATES, LLC
Head officerROSEMARY HIGUERA
Managing agentFLATIRON REAL ESTATE ADVISORS, LLC
Last registered2025-11-26

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,992,800 $1,346,760
2026$3,591,000 $1,615,950
2027$4,309,000 $1,939,050

The city's market estimate has risen 44% between tax years 2025 and 2027.

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.

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

Subway7 Av — F G · 400 ft straight-line (about a 2-minute walk) · station accessibility: full
BusNearest boarding stop: 9 St / 8 Av — B61 · 500 ft
Citi BikeProspect Park West & 8 St · 650 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 107 John W. Kimball. 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

550 7 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

16 311 service requests from this address in the last three years.

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 FLATIRON REAL ESTATE ADVISORS, LLC — 26 buildings, 233 units. Grades across the portfolio: A6 · B11 · C5 · D3. See the whole portfolio

BuildingBoroughUnitsGrade
264 West 22 Street MN20 B
223 East 14 Street MN18 B
110 Madison Avenue MN18 A
44 Market Street MN16 B
21 Judge Street BK15 C
646 President Street BK12 B
1402 York Avenue MN11 A
132 West 26 Street MN10 A
31 Bethune Street MN9 A
113 North 8 Street BK9 B
73 Orient Avenue BK9 C
137 North 8 Street BK8 B
90 Berry Street BK8 C
123 Lexington Avenue MN8 B
24 Skillman Avenue BK8 B
537 8 Street BK8 B
550 7 Street BK8 A
14 Judge Street BK7 C
792 Metropolitan Avenue BK6 A
146 Wythe Avenue BK6 B
29 Orient Avenue BK6 B
429 Graham Avenue BK4 D
436 Graham Avenue BK4 C
64 Fulton Street MN3 D
527 Hudson Street MN2 D
3023570012 — —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,287,500 on 2015-12-22 (lender: The Dime Savings Bank Of Williamsburgh). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2025-12-08Agreement $3,200,000 — from 550 SEVENTH STREET ASSOCIATES, LLC to JPMORGAN CHASE BANK, N.A. $3,200,000
2025-12-08Mortgage $8,139 — from 550 SEVENTH STREET ASSOCIATES, LLC to JPMORGAN CHASE BANK, N.A. $8,139
2015-12-22AL&R $4,162,500 — from 550 SEVENTH STREET ASSOCIATES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $4,162,500
2015-12-22Agreement $4,162,500 — from 550 SEVENTH STREET ASSOCIATES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $4,162,500
2015-12-22Mortgage $1,287,500 — from 550 SEVENTH STREET ASSOCIATES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $1,287,500
2015-12-22Mortgage $2,875,000 — from 550 SEVENTH STREET ASSOCIATES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $2,875,000
2015-12-22Agreement $5,200,000 — from 550 SEVENTH STREET ASSOCIATES, LLC; 537 EIGHTH STREET ASSOCIATES, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $5,200,000
2014-03-27AL&R $5,200,000 — from 537 EIGHTH STREET ASSOCIATES, LLC; 550 SEVENTH STREET ASSOCIATES, LLC to BANK LEUMI USA $5,200,000
2014-03-27Mortgage $5,200,000 — from 550 SEVENTH STREET ASSOCIATES, LLC; 537 EIGHTH STREET ASSOCIATES, LLC to BANK LEUMI USA $5,200,000
2014-03-18Deed $3,600,000 — from LORCORP, INC. to 550 SEVENTH STREET ASSOCIATES, LLC $3,600,000
2004-10-18AL&R $250,000 — from LORCORP INC. to NORTH FORK BANK $250,000
2004-10-18Agreement $250,000 — from LORCORP INC. to NORTH FORK BANK $250,000
2004-10-18Mortgage $121,306 — from LORCORP INC. to NORTH FORK BANK $121,306
1994-12-01Mortgage $260,000 — from LORCORP INC to HAMILTON FEDERAL SAVINGS F.A. $260,000

Ten-year activity

100500
2017
2018
52
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201712210125
2018105017
201940470152
2020132017
202101210628
20227010210
2023214018
2024013015
202501134220
2026004015
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The full timeline

Construction 28Enforcement 13Housing & tenants 140Ownership & money 24Health & systems 17

Every one of the 222 recorded events, 1973–2026, 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