A modest record — below the level that usually signals systemic problems. More recorded distress than 69% 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 41.5. In ZIP 11417, 85% of residential buildings hold an A and
3% 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
Open HPD violations
6 total — 0 class C (immediately hazardous), 5 class B, 1 class A. Oldest open since 2025-05-15.
status snapshot refreshed weekly from HPD records
Patterns
No heat or hot-water complaints in the last three years.
3 bedbug-infested unit(s) reported in filings over the last three years.
What 311 hears from this address
8 service requests in the last three years. Most common: PAINT/PLASTER (3) · Illegal Parking (2) · FLOORING/STAIRS (2) · DOOR/WINDOW (1).
Filed construction activity
$19,200 in permitted construction work filed since
2016 (2 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
No
Built before 1974 (1977)
Yes
Six or more residential units (6)
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 with HPD — the names behind the building
Registered owner(s)
BALSAM VILLAGE 1 LLC
Head officer
LAWRENCE BERNSTEIN
Managing agent
BALSAM VILLAGE MANAGEMENT LLC
Last registered
2025-07-16
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
$578,000
$260,100
2026
$694,000
$312,300
2027
$833,000
$374,850
The city's market estimate has risen
44% between tax years 2025 and 2027.
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.
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
88 St — A · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Sutter Av / 88 St — Q112 · 450 ft
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.
8 311 service requests from this address in the last three years.
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: $499,000 on
2019-09-03 (lender: JPMorgan Chase Bank, N.A.), covering 32 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
2019-09-03
Mortgage $499,000 — from BALSAM VILLAGE 1 LLC to JPMORGAN CHASE BANK, N.A.
$499,000
2019-09-03
Agreement $23,199,000 — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC
$23,199,000
2017-06-16
Mortgage $22,700,000 — from BALSAM VILLAGE 2 LLC; BALSAM VILLAGE 1 LLC to JPMORGAN CHASE BANK, N.A.
$22,700,000
2017-06-16
Deed $28,088,889 — from GREENVIEW ARMS, INC.; BALSAM VILLAGE, INC.; OZONE ESTATES to BALSAM VILLAGE 1 LLC
$28,088,889
Ten-year activity
50250
2017
2018
2019
2020
2021
2022
2023
2024
22
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
4
1
0
3
0
8
2018
0
0
1
0
1
2
2019
0
1
1
2
1
5
2020
0
0
10
0
1
11
2021
0
1
1
0
0
2
2022
0
0
2
0
0
2
2023
0
3
2
0
1
6
2024
0
0
2
0
1
3
2025
0
1
20
0
1
22
2026
0
0
2
0
1
3
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2025-06-12HPD 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
2025-05-15HPD class A: § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE PLYWOOD SUBFLOOR IN THE FOYER LOCATED AT APT 3B, 2nd STORY,
2025-05-15HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3B, 2nd STORY, 1s
2025-05-15HPD class B: § 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3B, 2nd STORY, 1st APARTMENT FROM NOR
2025-05-15HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR EAST WALL AND WINDOW FRAME IN THE 1st ROOM
2025-05-15HPD class B: § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK EAST WALL AND WINDOW FRAME IN THE 1st ROOM FROM EAST
2025-05-15HPD class B: § 27-2005 HMC: REFIT ENTRANCE DOOR IN THE 1st ROOM FROM EAST AT NORTH LOCATED AT APT 3B, 2nd STORY, 1st APARTMENT FROM NORTH AT EAST
2024-04-15HPD 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
2024-03-08Boiler inspection
2023
2023-12-12311: Illegal Parking — Parking Permit Improper Use
2022-03-04HPD 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
2021-12-27Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2021-05-25FDNY inspection (RISK)
2020
2020-12-27311: HEAT/HOT WATER — ENTIRE BUILDING
2020-12-16311: HEAT/HOT WATER — APARTMENT ONLY
2020-12-16Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2020-12-14Bedbug filing: 0 infested units
2020-12-11311: HEAT/HOT WATER — ENTIRE BUILDING
2020-12-11Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2020-08-13311: Damaged Tree — Entire Tree Has Fallen Down