1,430 recorded events, 1967–2026, from 19 city data systems. The city's paper trail here is mostly 390 311 service requests, 200 DOB permits, 142 DOB job filings.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 79% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 24.5. In ZIP 11221, 43% of residential buildings hold an A and 17% grade D or F. How grades work
Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 7 total — 4 class C (immediately hazardous), 3 class B, 0 class A. Oldest open since 2024-11-11. |
| Pending HPD litigation | 1 case(s) pending in housing court |
status snapshot refreshed weekly from HPD records
73 heat or hot-water complaints in the last three years (winter 2023–24: 9 · winter 2024–25: 22 · winter 2025–26: 30). Repeated winter clusters suggest a chronic heating problem.
4 bedbug-infested unit(s) reported in filings over the last three years.
124 service requests in the last three years. Most common: HEAT/HOT WATER (34) · Noise (31) · Water System (10) · UNSANITARY CONDITION (7) · DOOR/WINDOW (6) · PLUMBING (6).
$42,728,403 in permitted construction work filed since 2016 (122 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.
| No | Built before 1974 (1983) |
| Yes | Six or more residential units (120) |
| No | 421-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 owner(s) | HOPE GARDEN LLC |
| Head officer | TIMOTHY HENKEL |
| Managing agent | WAVECREST MGMT GROUP |
| Last registered | 2026-07-20 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $9,615,000 | $4,326,750 |
| 2026 | $10,581,000 | $4,761,450 |
| 2027 | $11,337,000 | $5,101,650 |
The city's market estimate has risen 18% between tax years 2025 and 2027.
Tax exemptions on the roll: NYC HOUSING AUTH
| Energy grade (LL33) | F — did not submit required benchmarking data, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
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.
3 street-flooding or sewer-backup complaints at this address since 2016 (1 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.
| Subway | Gates Av — J Z · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none Knickerbocker Av — M · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Gates Av / Central Av — B52 · 300 ft |
| Citi Bike | Central Ave & Woodbine St · 600 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 377 Alejandrina B. De Gautier Middle: J.H.S. 291 Roland Hayes. 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.
1240 Gates Avenue
| 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 |
124 311 service requests from this address in the last three years — 34 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 WAVECREST MGMT GROUP — 362 buildings, 31,199 units. Grades across the portfolio: A86 · B145 · C84 · D33 · F13. See the whole portfolio
showing 60 of 362 buildings
Most recent mortgage recorded against this lot: $1,874,496 on 2024-03-08 (lender: New York City Housing Authority), covering 15 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 |
|---|---|---|---|
| 2024-03-08 | Mortgage $28,063,776 — from HOPE GARDENS I LLC; NYCHA HOPE GARDENS I HOUSING DEVELOPMENT to NEW YORK CITY HOUSING AUTHORITY | $28,063,776 | |
| 2024-03-08 | Mortgage $1,874,497 — from NYCHA HOPE GARDENS I HOUSING DEVELOPMENT; HOPE GARDENS I LLC to NEW YORK CITY HOUSING AUTHORITY | $1,874,497 | |
| 2022-07-14 | Mortgage $117,400,000 — from HOPE GARDENS I LLC; NYCHA HOPE GARDENS I HOUSING DEVELOPMENT to NEW YORK STATE HOUSING FINANCE AGENCY | $117,400,000 | |
| 2022-07-14 | Mortgage $117,400,000 — from NYCHA HOPE GARDENS I HOUSING DEVELOPMENT; HOPE GARDENS I LLC to FEDERAL HOME LOAN MORTGAGE CORPORATION | $117,400,000 | |
| 2019-08-02 | MLEA $39,474,524 — from NEW YORK CITY HOUSING AUTHORITY to NYCHA HOPE GARDENS I HOUSING; HOPE GARDENS I LLC | $39,474,524 | |
| 2019-08-02 | Mortgage $128,740,000 — from NYCHA HOPE GARDENS I HDFC; HOPE GARDENS I LLC to NEW YORK STATE HOUSING FINANCE AGENCY | $128,740,000 | |
| 2019-08-02 | Mortgage $29,610,390 — from NYCHA HOPE GARDENS I HDFC; HOPE GARDENS I LLC to NEW YORK CITY HOUSING AUTHORITY | $29,610,390 | |
| 2004-08-30 | Mortgage $45,000 — from HAWKINS, MAXINE to COUNTRYWIDE BANK | $45,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 15 | 0 | 24 | 39 |
| 2018 | 7 | 6 | 18 | 0 | 21 | 52 |
| 2019 | 59 | 2 | 32 | 15 | 44 | 152 |
| 2020 | 91 | 0 | 19 | 0 | 1 | 111 |
| 2021 | 59 | 0 | 70 | 0 | 0 | 129 |
| 2022 | 15 | 7 | 128 | 6 | 13 | 169 |
| 2023 | 0 | 51 | 96 | 0 | 19 | 166 |
| 2024 | 38 | 17 | 77 | 3 | 12 | 147 |
| 2025 | 36 | 11 | 88 | 0 | 15 | 150 |
| 2026 | 21 | 1 | 92 | 0 | 25 | 139 |
Every one of the 1,430 recorded events, 1967–2026, 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