Building Report

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Where the penalty points come from

Open with the city right now

Patterns

Component	What it covers	Points
Housing code	HPD violations by class, complaints, emergency repairs, litigation, vacate orders, AEP	265.2
Structural & safety	DOB violations, ECB/OATH violations by class	8
Pests	Bedbug filings, failed rodent inspections, rodent 311s	3
Displacement	Marshal evictions executed	4

111 heat or hot-water complaints in the last three years (winter 2023–24: 4 · winter 2024–25: 22 · winter 2025–26: 22 · winter 2026–27: 1). Repeated winter clusters suggest a chronic heating problem.

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

$1,250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

181 service requests in the last three years. Most common: HEAT/HOT WATER (55) · Illegal Parking (37) · Noise (17) · Homeless Person Assistance (11) · For Hire Vehicle Complaint (7) · Abandoned Vehicle (7).

Filed construction activity

$6,020,427 in permitted construction work filed since 2016 (73 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

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

What the city thinks it's worth

Tax year	City market value	Assessed value
2025	$59,207,000	$26,643,150
2026	$64,694,000	$29,112,300
2027	$68,537,000	$30,841,650

The city's market estimate has risen 16% between tax years 2025 and 2027.

Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2021 estimate: gross income $12,223,240 a year ($48.22 per sq ft), operating expenses $4,223,127 ($16.66 per sq ft), net operating income $8,000,113. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Restaurants in this building

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.

Restaurant	Cuisine	Grade	Notes
Luckin Coffee	Coffee/Tea	A	—

1 street-flooding or sewer-backup complaints at this address since 2016 (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.

Getting around

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

407 3 Avenue

181 311 service requests from this address in the last three years — 55 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 FIRSTSERVICE RESIDENTIAL — 556 buildings, 66,420 units. Grades across the portfolio: A464 · B61 · C14 · D3 · F1. See the whole portfolio

Sales, deeds & mortgages

Building	Borough	Units	Grade
1 Fordham Hill Oval	BX	1116	B
80 La Salle Street	MN	982	A
1 Tudor City Place	MN	799	A
85 Jay Street	BK	727	A
81-26 150 Street	QN	675	A
420 Kent Avenue	BK	605	A
1 Wall Street	MN	566	A
685 First Avenue	MN	556	A
150-10 71 Avenue	QN	536	B
185 Clinton Avenue	BK	520	B
401 1 Avenue	MN	510	B
160 West End Avenue	MN	508	A
26-10 Union Street	QN	504	A
425 East 63 Street	MN	495	A
11 Wharf Way	BK	487	A
99-32 66 Road	QN	483	B
11 Hoyt Street	BK	480	A
5600 Netherland Avenue	BX	462	A
13 Rector Street	MN	452	A
185 West End Avenue	MN	432	A
1524 3 Avenue	MN	430	A
345 Clinton Avenue	BK	424	B
360 Furman Street	BK	424	A
555 Kappock Street	BX	412	A
110-17 Queens Boulevard	QN	405	A
165 West End Avenue	MN	403	A
60 East 8 Street	MN	390	A
2039 Broadway	MN	387	A
26-21 Union Street	QN	384	A
3131 Brighton 13 Street	BK	383	A
16 Dupont Street	BK	381	A
141 Amsterdam Avenue	MN	378	A
125-10 Queens Boulevard	QN	377	A
384 Bridge Street	BK	371	A
772 Broadway	MN	360	A
402 Park Avenue South	MN	350	A
35-11 85 Street	QN	348	A
75 Wall Street	MN	346	A
267 Bond Street	BK	344	A
381 2 Avenue	MN	339	A
555 West 23 Street	MN	336	A
2 Tudor City Place	MN	334	A
1168 1 Avenue	MN	328	A
92-27 160 Street	QN	315	A
500 West 43 Street	MN	311	A
70th Street	QN	295	A
415 East 64 Street	MN	290	A
137-47 45 Avenue	QN	289	A
225 Rector Place	MN	285	A
20 West Street	MN	283	A
61 West 62 Street	MN	276	A
330 West 56 Street	MN	275	B
5 West 65 Street	MN	274	A
1992 Broadway	MN	271	A
195 3 Avenue	MN	270	A
11-12 30 Drive	QN	266	A
382 2 Avenue	MN	262	A
1659 2 Avenue	MN	258	A
800 Grand Concourse	BX	254	B
9201 Shore Road	BK	254	B

Most recent mortgage recorded against this lot: $4,898,054 on 2021-06-09 (lender: Valley National Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

Yes	Built before 1974 (1964)
Yes	Six or more residential units (252)
No	421-a / J-51 tax benefit on the current tax roll

Registered owner(s)	CHESAPEAKE OWNERS CORP.
Head officer	JOSHUA FRIEDMAN
Managing agent	FirstService Residential
Last registered	2025-08-30

Energy grade (LL33)	D — ENERGY STAR score 6/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuel	NO2FUEL
Facade (Local Law 11)	SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)

Subway	28 St — 6 · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: partial (Downtown only)
Bus	Nearest boarding stop: 3 Av / E 29 St — M101 M102 M103 · 350 ft
Citi Bike	E 26 St & 3 Ave · 600 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)	Elementary: P.S. 116 Mary Lindley Murray Middle: J.H.S. 104 Simon Baruch. Confirm with the DOE's school search.

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
Food poisoning	Food poisoning
Food safety complaint	Food safety complaint
Anything else	Anything else