507 recorded events, 1968–2026, from 14 city data systems. The city's paper trail here is mostly 166 HPD housing violations, 121 311 service requests, 118 HPD complaints.
Full record, year by year Support this site
A meaningful record of code violations or complaints relative to its peers. More recorded distress than 93% 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 258.7. In ZIP 11221, 43% of residential buildings hold an A and 17% 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 | 13 total — 1 class C (immediately hazardous), 12 class B, 0 class A. Oldest open since 1990-01-02. |
status snapshot refreshed weekly from HPD records
18 heat or hot-water complaints in the last three years (winter 2025–26: 2).
No bedbug-infested units reported in the last three years of filings.
27 service requests in the last three years. Most common: HEAT/HOT WATER (8) · UNSANITARY CONDITION (6) · WATER LEAK (5) · Rodent (4) · PAINT/PLASTER (2) · Noise (1).
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.
| Yes | Built before 1974 (1900) |
| Yes | Six or more residential units (6) |
| Yes | 421-a / J-51 tax benefit on the current tax roll |
3 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 owner(s) | MSM 404 DEVELOPMENT LLC |
| Head officer | CHERYL IGHODARO |
| Managing agent | PRECISE REAL ESTATE MANAGEMENT INC |
| Last registered | 2025-08-31 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,146,000 | $515,700 |
| 2026 | $1,375,000 | $618,750 |
| 2027 | $1,650,000 | $742,500 |
The city's market estimate has risen 44% between tax years 2025 and 2027.
Tax exemptions on the roll: J51
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 | Kingston-Throop Avs — C · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: none Utica Av — A C · 0.6 mi straight-line (about a 16-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Throop Av / Madison St — B43 · 400 ft |
| Citi Bike | Putnam Ave & Throop Ave · 350 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 044 Marcus Garvey. 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.
450 Madison 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 |
27 311 service requests from this address in the last three years — 8 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 PRECISE REAL ESTATE MANAGEMENT INC — 63 buildings, 382 units. Grades across the portfolio: A4 · B14 · C19 · D15 · F11. See the whole portfolio
showing 60 of 63 buildings
Most recent mortgage recorded against this lot: $1,011,424 on 2009-03-17 (lender: Banco Popular North American), covering 3 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 |
|---|---|---|---|
| 2009-03-17 | AL&R $1,011,424 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $1,011,424 | |
| 2009-03-17 | Mortgage $1,011,424 — from MS, 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICAN | $1,011,424 | |
| 2009-03-17 | Agreement $1,234,341 — from MSM 404 DEVELOPMENT LLC to THE CITY OF NEW YORK, HPD | $1,234,341 | |
| 2009-03-17 | Agreement $1,237,500 — from MSM 404 DEVELOPMENT LLC to THE CITY OF NEW YORK, HPD | $1,237,500 | |
| 2009-03-17 | M&CON $1,011,424 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $1,011,424 | |
| 2005-07-14 | Deed $66,000 — from NEIGHBORHOOD RESTORE HOUSING DEVELOPMENT to MSM 404 DEVELOPMENT LLC | $66,000 | |
| 2005-07-14 | AL&R $3,451,540 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $3,451,540 | |
| 2005-07-14 | Mortgage $88,658 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $88,658 | |
| 2005-07-14 | Mortgage $1,148,842 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $1,148,842 | |
| 2005-07-14 | Mortgage $88,468 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $88,468 | |
| 2005-07-14 | Mortgage $1,145,873 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $1,145,873 | |
| 2005-07-14 | Mortgage $938,964 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $938,964 | |
| 2005-07-14 | Mortgage $72,460 — from MSM 404 DEVELOPMENT LLC to BANCO POPULAR NORTH AMERICA | $72,460 |
| Year | Housing & tenants | Health & systems | Total |
|---|---|---|---|
| 2017 | 51 | 0 | 51 |
| 2018 | 4 | 1 | 5 |
| 2019 | 14 | 2 | 16 |
| 2020 | 26 | 1 | 27 |
| 2021 | 36 | 1 | 37 |
| 2022 | 10 | 6 | 16 |
| 2023 | 57 | 2 | 59 |
| 2024 | 24 | 4 | 28 |
| 2025 | 45 | 3 | 48 |
| 2026 | 6 | 2 | 8 |
Every one of the 507 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11221 · Landlord rankings · How grades work · The map · The Mice Map