Building report

1240 Bedford Avenue · Brooklyn · BBL 3020007501 · generated 2026-10-20 · FREE Print / save PDF

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Where the penalty points come from

Open with the city right now

status snapshot refreshed weekly from HPD records

Patterns

12 heat or hot-water complaints in the last three years (winter 2024–25: 8 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.

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

What 311 hears from this address

62 service requests in the last three years. Most common: Missed Collection (11) · Air Quality (6) · HEAT/HOT WATER (6) · Dirty Condition (5) · Noise (5) · Encampment (5).

Filed construction activity

$3,056,150 in permitted construction work filed since 2016 (21 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. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. 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

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

What the city thinks it's worth

The city's market estimate has risen 64% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 25 YR NO CAP

For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $962,650 a year ($29.62 per sq ft), operating expenses $308,100 ($9.48 per sq ft), net operating income $654,550. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

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.

5 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

1240 Bedford Avenue Copy address

62 311 service requests from this address in the last three years — 6 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 MD SQUARED PROPERTY GROUP — 110 buildings, 3,031 units. Grades across the portfolio: A80 · B21 · C6 · D2. See the whole portfolio

showing 60 of 110 buildings

Sales, deeds & mortgages

Ten-year activity

Show as table

Year	Construction	Enforcement	Housing & tenants	Ownership & money	Health & systems	Total
2017	0	3	10	40	3	56
2018	0	1	19	21	3	44
2019	7	7	11	33	3	61
2020	5	5	20	25	2	57
2021	5	7	30	71	2	115
2022	1	1	17	16	4	39
2023	2	2	33	3	7	47
2024	7	1	34	10	3	55
2025	13	1	20	12	5	51
2026	0	0	19	15	5	39

The last 12 months — 63 records

The full timeline

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