A modest record — below the level that usually signals systemic problems. More recorded distress than 74% 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 57.6. In ZIP 11221, 43% of residential buildings hold an A and
17% grade D or F.
How grades work
this building
A
B
C
Among 46,798 6-24-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
5 heat or hot-water complaints in the last three years (winter 2025–26: 4).
1 bedbug-infested unit(s) reported in filings over the last three years.
What 311 hears from this address
27 service requests in the last three years. Most common: Noise (6) · UNSANITARY CONDITION (5) · Derelict Vehicles (4) · Abandoned Vehicle (2) · Dirty Condition (2) · ELECTRIC (2).
Filed construction activity
$926,200 in permitted construction work filed since
2016 (8 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
Yes
Built before 1974 (1899)
Yes
Six or more residential units (8)
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 with HPD — the names behind the building
Registered owner(s)
TOWNHOUSE RENTAL V, LLC
Head officer
GLEN BROWN
Managing agent
FREESTONE PROPERTY GROUP LLC
Last registered
2026-06-30
as filed by the owner in the building's HPD registration
What the city thinks it's worth
Tax year
City market value
Assessed value
2025
$1,530,000
$688,500
2026
$1,719,000
$773,550
2027
$2,063,000
$928,350
The city's market estimate has risen
35% 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
Subway
Kosciuszko St — J · 500 ft straight-line (about a 3-minute walk) · station accessibility: none Gates Av — J Z · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Van Buren St / Broadway — Q24 · 100 ft
Citi Bike
Van Buren St & Broadway · 250 ft · station location as of 2026-09-23; live availability
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.
27 311 service requests from this address in the last three years — 2 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.
Most recent mortgage recorded against this lot: $35,842,592 on
2024-02-13 (lender: Invesco Commercial Real Estate Finance Investments), covering 21 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
2024-02-13
Agreement $47,650,947 — from TOWNHOUSE RENTAL V, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I
$47,650,947
2024-02-13
Mortgage $35,842,592 — from TOWNHOUSE RENTAL V, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I
$35,842,592
2024-02-13
AL&R $47,650,947 — from TOWNHOUSE RENTAL V, L.L.C. to INVESCO COMMERCIAL REAL ESTATE FINANCE I
$47,650,947
2023-10-10
Deed $4,780,000 — from 550 VAN BUREN REALTY LLC to TOWNHOUSE RENTAL II, L.L.C.
$4,780,000
2023-09-29
Sold for $4,780,000
$4,780,000
$597,500
2019-12-03
Mortgage $1,350,000 — from 550 VAN BUREN REALTY LLC to ICE LENDER HOLDINGS LLC
$1,350,000
2019-12-03
AL&R $1,350,000 — from 550 VAN BUREN REALTY LLC to ICE LENDER HOLDINGS LLC
$1,350,000
2019-08-22
Deed $1,100,000 — from 550 VB STREET LLC to 550 VAN BUREN REALTY LLC
$1,100,000
2019-08-22
Mortgage $1,040,000 — from 550 VAN BUREN REALTY LLC to ICE LENDER HOLDINGS LLC
$1,040,000
2019-08-22
AL&R $1,040,000 — from 550 VAN BUREN REALTY LLC to ICE LENDER HOLDINGS LLC
$1,040,000
2019-07-25
Sold for $1,100,000
$1,100,000
$137,500
2013-07-31
Agreement $407,000 — from LEE, RUTHSANA M; LEE, ROBERT to MERS
$407,000
2013-07-31
Mortgage $6,825 — from LEE, ROBERT to MERS
$6,825
2008-11-14
Mortgage $434,000 to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
$434,000
2004-10-22
Mortgage $266,250 — from 550 VANBUREN STREET CORP to GREENPOINT MORTGAGE FUNDING, INC
$266,250
Ten-year activity
50250
2017
2018
42
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
0
0
1
1
2018
0
0
0
0
2
2
2019
6
5
20
9
2
42
2020
11
0
1
4
2
18
2021
19
5
2
0
1
27
2022
5
4
2
0
5
16
2023
0
1
10
6
3
20
2024
0
1
4
6
3
14
2025
0
1
21
4
3
29
2026
0
0
14
0
1
15
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2026-05-11311: Commercial Disposal Complaint — Waste Left in Front of Residence
2026-02-01311: ELECTRIC — POWER OUTAGE
2026-02-01311: HEAT/HOT WATER — APARTMENT ONLY
2026-02-01Tenant complaint: ELECTRIC — POWER OUTAGE
2026-02-01Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2026-01-31311: HEAT/HOT WATER — APARTMENT ONLY
2026-01-31311: ELECTRIC — NO LIGHTING
2026-01-31Tenant complaint: ELECTRIC — NO LIGHTING
2026-01-31Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2025
2025-12-30Rodent inspection: Passed
2025-12-15Bedbug filing: 1 infested units
2025-12-04Rodent inspection: Failed for Rat Activity
2025-08-04Mortgage assigned — from INCREF INVESTMENTS MS SELLER, LLC to INCREF CLO SELLER LLC
2025-08-04AALR — from INCREF INVESTMENTS MS SELLER, LLC to INCREF CLO SELLER LLC
2025-08-04Mortgage assigned — from INCREF CLO SELLER LLC to INCREF 2025-FL1 LLC
2025-08-04AALR — from INCREF CLO SELLER LLC to INCREF 2025-FL1 LLC
2025-07-28311: GENERAL — VENTILATION SYSTEM
2025-07-28Tenant complaint: GENERAL — VENTILATION SYSTEM
2025-07-16HPD class C: § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 3B, 3rd STORY, 1st APARTMENT FROM WEST
2025-07-16HPD class C: § 27-2033 ADM CODE PROVIDE READY ACCESS TO BUILDINGS HEATING SYSTEM LOCKED GATE LEADING TO CELLAR AT (NORTH YARD) BUILDING FRONT AT BOILER R
2025-07-16HPD class C: § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 2nd APARTMENT FROM EAST
2025-07-16HPD class B: HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF BEDBUGS IN THE ENTIRE APARTMENT LOCATED AT APT 3B, 3rd STORY, 1st APARTMENT FR
2025-07-08HPD class B: § 27-2021 ADM CODE PROVIDE SUFFICIENT, PROPER AND SEPARATE METAL RECEPTACLES FOR THE DEPOSIT OF GARBAGE, RUBBISH AND OTHER WASTE MATERIAL AN
2025-07-08HPD class B: § 27-2010, 2011, 2012 ADM CODE REMOVE THE ACCUMULATION OF REFUSE AND/OR RUBBISH AND MAINTAIN IN A CLEAN CONDITION THE AT FRONT YARD
2023-03-30Elevator permit: Furnish and Install 1 Vertical Platform Lift as detailed in the attached drawings. All work will comply with ASME A18.1-2017,Secti$16,434
2023-01-24Bedbug filing: 0 infested units
2023-01-18FDNY inspection (ALT)
2022
2022-12-20Rodent inspection: Passed
2022-10-17FDNY inspection (ALT)
2022-09-27DOB complaint, category ?
2022-09-13Certificate of occupancy Final
2022-09-13Certificate of occupancy Final
2022-08-01Rodent inspection: Failed for Rat Activity
2022-07-05Job filed: PLUMBING APPLICATION FILED IN CONJUNCTION WITH ALT 1 Job #321597731$2,500
2022-06-21Rodent inspection: Failed for Rat Activity
2022-06-10DOB complaint, category ?
2022-05-19Job filed: SPRINKLER APPLICATION FILED IN CONJUNCTION TO NEW BUILDING JOB #321597731$2,500
2022-05-13Bedbug filing: 0 infested units
2022-05-11Permit Sprinklers — Signed-off
2022-04-28Rodent inspection: Passed
2022-03-30Rodent inspection: Failed for Rat Activity
2022-03-09FDNY inspection (ALT)
2022-03-02HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2021
2021-12-21Permit AL — ISSUED
2021-12-15Job filed: INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY.
2021-09-23Permit Plumbing — Signed-off
2021-08-25DOB complaint, category ?
2021-08-20Job filed: INSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY.
2021-07-19Permit Supported Scaffold — Signed-off
2021-07-19Permit Sidewalk Shed — Signed-off
2021-07-16Job filed: INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY.
2021-07-16Job filed: INSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY.
2021-07-06DOB complaint, category ?
2021-06-23Bedbug filing: 0 infested units
2021-06-17Rodent inspection: Passed
2021-06-17Permit Structural — Signed-off
2021-06-01Permit AL — ISSUED
2021-05-13DOB complaint, category ?
2021-05-13ECB CLASS - 2 violation: FAILURE TO NOTIFY THE DEPARTMENT PRIOR TO COMMENCEMENT OF WORK THAT REQUIRES A WORK PERMIT FOR ALTERATION TO BUILDING.AT TIME OF I$1,250
2021-04-30DOB complaint, category ?
2021-04-21Permit Mechanical Systems — Signed-off
2021-04-19Permit Construction Fence — Signed-off
2021-04-15Permit Plumbing — Signed-off
2021-04-13HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2021-04-05Permit AL — ISSUED
2021-04-01Permit FO — ISSUED
2021-04-01Permit FO — ISSUED
2021-03-16Permit AL — ISSUED
2021-03-03Permit AL — ISSUED
2021-03-03Permit Construction Fence — Signed-off
2020
2020-12-22Permit AL — ISSUED
2020-12-22Permit FO — ISSUED
2020-12-22Permit FO — ISSUED
2020-11-10Permit AL — ISSUED
2020-11-04Permit FO — ISSUED
2020-11-04Permit FO — ISSUED
2020-11-04Permit FO — ISSUED
2020-10-28Rodent inspection: Failed for Rat Activity
2020-09-14311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-09-04Permit Construction Fence — Signed-off
2020-06-12Rodent inspection: Failed for Other Reason
2020-03-30Job filed: STRUCTURAL APPLICATION FILED IN CONJUNCTION TO ALT 1 JOB #321597731$2,500
2020-03-26Mortgage assigned — from ICE LENDER HOLDINGS LLC to NORMANDY CAPITAL TRUST
2020-03-26AALR — from ICE LENDER HOLDINGS LLC to NORMANDY CAPITAL TRUST
2020-03-26AALR — from ICE LENDER HOLDINGS LLC to NORMANDY CAPITAL TRUST
2020-03-26Mortgage assigned — from ICE LENDER HOLDINGS LLC to NORMANDY CAPITAL TRUST
2020-01-07Job filed: SUBSEQUENT FOUNDATION AND SOE APPLICATION FILED HEREWITH.
2020-01-07Job filed: SUBSEQUENT FOUNDATION AND SOE APPLICATION FILED HEREWITH.
2019
2019-12-31Job filed: SPRINKLER APPLICATION FILED IN CONJUNCTION TO NEW BUILDING JOB #321597731$2,500
2019-12-29Job filed: MECHANICAL APPLICATION FILED IN CONJUNCTION TO ALT 1 JOB #321597731$2,500
2019-12-23Job filed: PLUMBING APPLICATION FILED IN CONJUNCTION WITH ALT 1 Job #321597731$2,500
2019-12-19Job filed: Installation of Construction fence in conjunction to Alt 1 job #321597731$2,500
2019-12-09Rodent inspection: Passed
2019-12-09Mortgage satisfied — from MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; WALL STREET MORTGAGE BANKERS LTD, DBA PO to LEE, ROBERT
2019-12-03Mortgage $1,350,000 — from 550 VAN BUREN REALTY LLC to ICE LENDER HOLDINGS LLC$1,350,000
2019-12-03AL&R $1,350,000 — from 550 VAN BUREN REALTY LLC to ICE LENDER HOLDINGS LLC$1,350,000
2019-11-07ECB CLASS - 1 violation: AT TIME OF INSPECTION, 5 YARDS OF CONSTRUCTION DEBRIS ACCUMULATED AT CELLAR, 5 SQUARE FEET OF FIRESTOPPING MISSING AT CELLAR CEILI$1,250
2019-11-06311: General Construction/Plumbing — Building Permit - None
2019-11-06311: HEAT/HOT WATER — ENTIRE BUILDING
2019-11-06Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2019-11-06DOB complaint, category ?
2019-11-05311: WATER LEAK — HEAVY FLOW
2019-11-05Tenant complaint: WATER LEAK — HEAVY FLOW
2019-11-04311: HEAT/HOT WATER — APARTMENT ONLY
2019-11-04Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2019-11-02HPD class C: § 27-2028, 2032 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FROM AN APPROVED CENTRAL HEATING SYSTEM, OR AN APPROVED SYSTEM OF GAS OR ELECTRI
2019-11-01311: HEAT/HOT WATER — ENTIRE BUILDING
2019-11-01Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2019-10-05City emergency repair (OMO): arrange and make self-closing the doors at building entrance , 1st story installation of self-closing door hinges : per $300
2019-09-26Job filed: BPP APPLICATION FILED HEREWITH IN CONJUNCTION WITH ALT I, JOB# 321597731. STREET FRONTAGE: 19'-0"
2019-09-19CERT — from RIDGE ABSTRACT CORP.
2019-09-19ZONE — from 550 VAN BUREN REALTY LLC
2019-09-19311: General Construction/Plumbing — Building Permit - None
2019-09-19DOB complaint, category ?
2019-09-18311: General Construction/Plumbing — Building Permit - None
2019-09-18DOB complaint, category ?
2019-09-13Job filed: APPLICATION FILED HEREWITH FOR VERTICAL ADDITION AND INTERIOR RENOVATIONS TO E XISTING 3 STORY AND CELLAR RESIDENTIAL BUILDING. RELATED DOB NOW APPLIC$908,700
2019-09-04HPD class A: § 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON
2019-09-04HPD class C: § 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE AT BUILDING ENTRANCE , 1st STORY
2019-08-27311: FLOORING/STAIRS — FLOOR
2019-08-27311: General Construction/Plumbing — Building Permit - None
2008-11-14Deed — from 550 VAN BUREN STREET CORP. to LEE, ROBERT
2004
2004-12-06Mortgage assigned — from EQUICREDIT CORPORATION OF AMERICA to BANK OF NEW YORK, AS TRUSTEE
2004-12-06Mortgage satisfied — from CHARLES, H A to FHB FUNDING CORP
2004-10-22Mortgage $266,250 — from 550 VANBUREN STREET CORP to GREENPOINT MORTGAGE FUNDING, INC$266,250
2004-10-22Deed $355,000 — from CHARLES, H ARLINE to 550 VANBUREN STREET CORP$355,000
2004-08-10Mortgage satisfied — from CHARLES, H. ARLINE to FHB FUNDING CORP.
2004-07-05Mortgage satisfied — from CHARLES, H ARLENE to FHB FUNDING CORP.
2004-07-05Mortgage assigned — from FHB FUNDING CORP to HOUSEHOLD FINANCE REALTY CORPORATION OF
2004-02-11City emergency repair (OMO): as per rc #200400467901 (enviro-probe, inc.), perform total lead analysis of 04 dust wipe sample(s) via environmental pr$15
2003
2003-08-04City emergency repair (OMO): as per mini rc #k315239 (iatl), perform total lead analysis of 12 dust wipe sample(s) via environmental protection agenc$50