536 recorded events, 1968–2026, from 16 city data systems. The city's paper trail here is mostly 300 311 service requests, 48 ACRIS deeds & mortgages, 38 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 73% 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 53. 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
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.
57 heat or hot-water complaints in the last three years (winter 2023–24: 23 · winter 2024–25: 4 · winter 2025–26: 30). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
$625 in enforcement penalties imposed (ECB/OATH) in the last three years.
62 service requests in the last three years. Most common: HEAT/HOT WATER (28) · Dirty Condition (9) · Blocked Driveway (3) · Illegal Parking (3) · Snow or Ice (3) · Noise (2).
$6,155,234 in permitted construction work filed since 2016 (26 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 (1931) |
| Yes | Six or more residential units (12) |
| 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) | HOPE GARDENS 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 | $1,382,000 | $621,900 |
| 2026 | $1,512,000 | $680,400 |
| 2027 | $1,516,000 | $682,200 |
The city's market estimate has risen 10% between tax years 2025 and 2027.
Tax exemptions on the roll: NYC HOUSING AUTH
| Heating fuel | NATURALGAS |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Not in a hurricane evacuation zone.
In the city's stormwater flood map only under the extreme-storm scenario (3.66 in/hr cloudburst with 2080 sea levels) — an Ida-scale event.
1 street-flooding or sewer-backup complaints at this address since 2023 (0 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 · 0.4 mi straight-line (about a 10-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 · 650 ft |
| Citi Bike | Central Ave & Woodbine St · 150 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.
440 Central 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 |
62 311 service requests from this address in the last three years — 28 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 | 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 | |
| 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 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 57 | 0 | 2 | 59 |
| 2018 | 1 | 1 | 17 | 0 | 2 | 21 |
| 2019 | 7 | 1 | 27 | 15 | 5 | 55 |
| 2020 | 12 | 0 | 11 | 0 | 0 | 23 |
| 2021 | 9 | 0 | 7 | 0 | 1 | 17 |
| 2022 | 8 | 1 | 8 | 6 | 3 | 26 |
| 2023 | 0 | 2 | 25 | 0 | 1 | 28 |
| 2024 | 15 | 8 | 34 | 3 | 2 | 62 |
| 2025 | 8 | 1 | 24 | 0 | 4 | 37 |
| 2026 | 5 | 4 | 31 | 0 | 5 | 45 |
Every one of the 536 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