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554 Putnam Avenue

132Records
10City systems
0Open violations
39.7Penalty rate
Brooklyn · ZIP 11221 · Neighborhood: Bedford-Stuyvesant (East)
Open in the map

132 recorded events, 1985–2026, from 10 city data systems. The city's paper trail here is mostly 45 ACRIS deeds & mortgages, 26 rodent inspections, 19 HPD housing violations.

BoroughBrooklyn 11221
Built1899
Floors2
Res. units3
ClassC0
Owner (PLUTO)TOWNHOUSE RENTAL, L.L.C.
BBL3018310032
BIN3052148

Full record, year by year   Support this site

GRADE C

A meaningful record of code violations or complaints relative to its peers. More recorded distress than 93% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 39.7. In ZIP 11221, 43% of residential buildings hold an A and 17% grade D or F. How grades work

this building
A
C

Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

Patterns

3 heat or hot-water complaints in the last three years (winter 2023–24: 3).

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

What 311 hears from this address

10 service requests in the last three years. Most common: Noise (2) · PLUMBING (1) · GENERAL (1) · HEAT/HOT WATER (1) · APPLIANCE (1) · UNSANITARY CONDITION (1).

Filed construction activity

$484,290 in permitted construction work filed since 2016 (3 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 (1899)
NoSix or more residential units (3)
No421-a / J-51 tax benefit on the current tax roll

1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. 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)TOWNHOUSE RENTAL, LLC
Head officerGLEN BROWN
Managing agentFREESTONE PROPERTY GROUP LLC
Last registered2026-02-05

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,520,000 $91,200
2026$1,731,000 $103,860
2027$1,835,000 $110,100

The city's market estimate has risen 21% between tax years 2025 and 2027.

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

SubwayKingston-Throop Avs — C · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: none
Utica Av — A C · 0.5 mi straight-line (about a 14-minute walk) · station accessibility: full
BusNearest boarding stop: Marcus Garvey Blvd / Madison St — B15 · 350 ft
Citi BikePutnam Ave & Throop Ave · 450 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.

Report a problem to 311

554 Putnam 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

10 311 service requests from this address in the last three years — 1 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 FREESTONE PROPERTY GROUP LLC — 418 buildings, 2,029 units. Grades across the portfolio: A122 · B90 · C94 · D97 · F15. See the whole portfolio

BuildingBoroughUnitsGrade
271 Lenox Road BK55 A
503 12 Street BK34 B
70 Prospect Park West BK30 B
227 13 Street BK25 B
38 Prospect Park SW BK20 B
75 Pineapple Street BK20 A
541 Bergen Street BK18 C
400 6 Avenue BK17 C
411 15 Street BK16 A
299 5 Avenue BK16 B
904 President Street BK10 B
11 Devoe Street BK10 A
1440 Pacific Street BK10 B
1148 Pacific Street BK10 B
212 Malcolm X Boulevard BK10 B
36 South Oxford Street BK10 C
100 Malcolm X Boulevard BK9 A
269 Henry Street BK9 B
159 5 Avenue BK9 B
193 Chauncey Street BK9 A
32 Pierrepont Street BK9 C
1436 Pacific Street BK8 A
915 St Johns Place BK8 A
389 Sumpter Street BK8 A
705 Lafayette Avenue BK8 A
147 Stanhope Street BK8 A
238 8 Street BK8 A
473 4 Street BK8 C
125 St James Place BK8 B
26 Starr Street BK8 B
171 15 Street BK8 B
151 Baltic Street BK8 D
44 3 Street BK8 C
441 1 Street BK8 B
196 Prospect Park West BK8 B
473 Kosciuszko Street BK8 A
12 Belvidere Street BK8 A
53 3 Street BK8 B
852 Classon Avenue BK8 B
28 Starr Street BK8 B
138 Schaefer Street BK8 A
161 Prospect Park West BK8 D
733 Lafayette Avenue BK8 B
24 Starr Street BK8 B
707 Hart Street BK8 B
38 3 Street BK8 C
469 4 Street BK8 B
598 Myrtle Avenue BK8 A
188 Cooper Street BK8 B
806 President Street BK8 B
285 6 Avenue BK8 B
600 Myrtle Avenue BK8 A
233 South 3 Street BK8 A
418 Suydam Street BK8 B
419 3 Street BK8 A
812 8 Avenue BK8 B
30 Starr Street BK8 B
812 Lexington Avenue BK8 B
88 Guernsey Street BK8 A
306 Stockholm Street BK8 C

showing 60 of 418 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $49,595,812 on 2023-10-19 (lender: Invesco Cmi Investments, L.P.), covering 28 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.

DateRecordAmountPer res. unit
2025-12-23Agreement $485,595,000 — from TOWNHOUSE RENTAL III, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to WALKER & DUNLOP, LLC $485,595,000
2023-10-19SPRD $57,755,016 — from TOWNHOUSE RENTAL, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to INVESCO CMI INVESTMENTS, L.P.; INVESCO CMI INVESTMENTS, L.P. $57,755,016
2023-10-19SPRD $57,755,016 — from TOWNHOUSE RENTAL, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to INVESCO CMI INVESTMENTS, L.P.; INVESCO CMI INVESTMENTS, L.P. $57,755,016
2023-10-19AL&R $57,755,016 — from TOWNHOUSE RENTAL, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to INVESCO CMI INVESTMENTS, L.P.; INVESCO CMI INVESTMENTS, L.P. $57,755,016
2023-10-19AL&R $57,755,016 — from TOWNHOUSE RENTAL, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to INVESCO CMI INVESTMENTS, L.P.; INVESCO CMI INVESTMENTS, L.P. $57,755,016
2023-10-19Mortgage $49,595,812 — from TOWNHOUSE RENTAL, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to INVESCO CMI INVESTMENTS, L.P.; INVESCO CMI INVESTMENTS, L.P. $49,595,812
2023-10-19Mortgage $49,595,812 — from TOWNHOUSE RENTAL, L.L.C.; TOWNHOUSE RENTAL, L.L.C. to INVESCO CMI INVESTMENTS, L.P.; INVESCO CMI INVESTMENTS, L.P. $49,595,812
2023-06-21Deed $2,150,000 — from 1117 GREENE LLC to TOWNHOUSE RENTAL II, L.L.C. $2,150,000
2023-06-15Sold for $2,150,000 $2,150,000 $716,667
2022-04-19Mortgage $350,000 — from 1117 GREENE LLC to MANHATTAN BRIDGE CAPITAL INC. $350,000
2022-04-19Mortgage $1,150,000 — from 1117 GREENE LLC to MANHATTAN BRIDGE CAPITAL INC. $1,150,000
2022-04-19Deed $1,150,000 — from ROGERS, MARKE to 1117 GREENE LLC $1,150,000
2022-03-29Sold for $1,150,000 $1,150,000 $383,333
2010-11-01Mortgage $200,000 — from ROGERS, MARKE to NYC COMMISSIONER OF SOCIAL SERVICE $200,000
2007-10-12Mortgage $394,000 — from ROGERS, MARKE to CASTLE POINT MORTGAGE, INC. $394,000

Ten-year activity

50250
2017
2018
2019
2020
2021
22
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017002013
2018001001
2019002024
2020001001
2021002103
20227147322
202311610018
202400124117
20250054110
2026003069
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The full timeline

Construction 8Enforcement 3Housing & tenants 47Ownership & money 48Health & systems 26

Every one of the 132 recorded events, 1985–2026, 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