The city's published records show little recorded distress here in the last three years. Less recorded distress than 79% 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 3.3. 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
16 total — 0 class C (immediately hazardous), 12 class B, 4 class A. Oldest open since 1982-03-04.
status snapshot refreshed weekly from HPD records
Patterns
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
1 service requests in the last three years. Most common: Illegal Parking (1).
Filed construction activity
$101,530 in permitted construction work filed since
2016 (1 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 3 LLC
Head officer
LAWRENCE BERNSTEIN
Managing agent
BALSAM VILLAGE MANAGEMENT LLC
Last registered
2025-08-28
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 · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Sutter Av / 88 St — Q112 · 700 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.
1 311 service request 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: $3,000,000 on
2022-06-08 (lender: Signature Bank), covering 13 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
2022-06-08
AL&R $3,000,000 — from BALSAM VILLAGE 3 LLC to SIGNATURE BANK
$3,000,000
2022-06-08
Mortgage $3,000,000 — from BALSAM VILLAGE 3 LLC to SIGNATURE BANK
$3,000,000
2022-06-08
Deed $307,692 — from BALSAM VILLAGE 2 LLC to BALSAM VILLAGE 3 LLC
$307,692
2022-05-17
Sold for $307,692
$307,692
$51,282
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 $11,411,111 — from BALSAM VILLAGE, INC.; GREENVIEW ARMS, INC. to BALSAM VILLAGE 2 LLC
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
2024
2024-11-08Mortgage assigned — from SIGNATURE BRIDGE BANK; FEDERAL DEPOSIT INSURANCE CORPORATION; SIGNATURE BANK to SIG RCRS A/B MF 2023 VENTURE LLC
2024-11-08AALR — from SIGNATURE BANK; SIGNATURE BRIDGE BANK; FEDERAL DEPOSIT INSURANCE CORPORATION to SIG RCRS A/B MF 2023 VENTURE LLC
2024-07-05Bedbug filing: 0 infested units
2024-04-16HPD 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
2023
2023-10-12FDNY inspection (RISK)
2023-05-23FDNY inspection (RISK)
2023-01-13Bedbug filing: 0 infested units
2022
2022-12-15HPD class B: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... 5SQUARE FEET AT CEILING IN THE 1st ROOM FROM EAST AT SO
2022-12-15HPD class B: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... 5SQUARE FEET AT CEILING IN THE 2nd ROOM FROM EAST AT SO
2022-12-15HPD class B: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... 5 SQUARE FEET AT CEILING IN THE BATHROOM LOCATED AT APT
2022-12-15HPD class A: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... 5 SQUARE FEET AT CEILING IN THE BATHROOM LOCATED AT APT
2022-12-15HPD class A: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... 5SQUARE FEET AT CEILING IN THE 1st ROOM FROM EAST AT SO
2022-12-15HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE BATHROOM LOCATED AT APT
2022-12-15HPD class B: § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE BATHROOM LOCATED AT APT 2B, 1st STO
2022-12-15HPD class A: § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM
2022-12-15HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE 1st ROOM FROM EAST AT S
2022-12-15HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING AND WEST WALL IN THE 2nd ROOM
2022-12-15HPD class A: § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... 5SQUARE FEET AT CEILING IN THE 2nd ROOM FROM EAST AT SO
2022-12-14Tenant complaint: WATER LEAK — HEAVY FLOW
2022-06-08AL&R $3,000,000 — from BALSAM VILLAGE 3 LLC to SIGNATURE BANK$3,000,000
2022-06-08Mortgage $3,000,000 — from BALSAM VILLAGE 3 LLC to SIGNATURE BANK$3,000,000
2022-06-08Deed $307,692 — from BALSAM VILLAGE 2 LLC to BALSAM VILLAGE 3 LLC$307,692
2022-05-17Sold for $307,692$307,692
2022-03-11Bedbug filing: 0 infested units
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
2021-12-21ECB CLASS - 1 violation: WORK WITHOUT A PERMIT;NOTED AT CELLAR LEVEL;ERECTED FULL HEIGHT PARTION WALLS WITH 2 DOORS SUBDIV.CELLAR INTO 2 AREAS.EACH AREA CO
2021-11-26311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-11-26DOB complaint, category ?
2021-11-17311: Building/Use — Illegal Conversion Of Residential Building/Space
2021-11-17DOB complaint, category ?
2021-10-28FDNY inspection (RISK)
2021-05-26311: Building/Use — Illegal Conversion Of Residential Building/Space
2021-05-26311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-05-26DOB complaint, category ?
2021-05-26DOB complaint, category ?
2021-05-20311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-05-20DOB complaint, category ?
2021-05-04311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-05-04DOB complaint, category ?
2021-03-24311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-03-24DOB complaint, category ?
2021-03-07311: Building/Use — Illegal Conversion Of Residential Building/Space
2021-03-07311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-03-07311: HEAT/HOT WATER — ENTIRE BUILDING
2021-03-07Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2020-06-09311: Overgrown Tree/Branches — Hitting Building
2020-01-02Bedbug filing: 0 infested units
2019
2019-12-24FDNY inspection (RISK)
2019-09-03PREL — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC
2019-02-06Bedbug filing: 0 infested units
2018
2018-07-12HPD class B: § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING TRIMMING AROUND THE INTERIOR AND EXTERIOR OF BUILDING ENTRANCE DOOR , 1st STORY
2018-07-12HPD class B: § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE THE FIRE RETARDANT MATERIAL OF THE NORTH WALL OF THE VESTIB
2018-07-09311: ELECTRIC — WIRING
2018-07-09Tenant complaint: ELECTRIC — WIRING
2018-06-30311: DOOR/WINDOW — DOOR FRAME
2018-06-30Tenant complaint: DOOR/WINDOW — DOOR FRAME
2017
2017-06-16Mortgage $22,700,000 — from BALSAM VILLAGE 2 LLC; BALSAM VILLAGE 1 LLC to JPMORGAN CHASE BANK, N.A.$22,700,000
2017-06-16Deed $11,411,111 — from BALSAM VILLAGE, INC.; GREENVIEW ARMS, INC. to BALSAM VILLAGE 2 LLC$11,411,111
2017-05-25Deed transfer (nominal price)
2016
2016-05-26FDNY inspection (RISK)
2011
2011-02-23311: Street Condition — Pothole
2000
2000-08-24Mortgage satisfied — from BALSAM VILLAGE INC to ASTORIA FEDERAL SAVINGS & LOAN ASSOCIATI
1989
1989-07-31Mortgage satisfied — from BALSAM VILLAGE, INC. to FEDERAL DEPOSIT INSUR/CP
1983
1983-07-05HPD class B: D26-10.01 ADM CODE REPLACE WITH NEW THE BROKEN OR DEFECTIVE LOCKING DEVICE OF FRONT ENTRANCE DOOR TO BLDG.
1982
1982-07-19HPD class A: D26-20.08 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISS
1982-07-19HPD class B: D26-20.08,20.09 ADM CODE PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RU
1982-03-04HPD class A: D26-20.05 ADM CODE PROVIDE A LOCK AND KEY TO THE ENTRANCE DOOR OF DWELLING UNIT AND, IF A CL A MULTIPLE DWELLING, ALSO CHAIN DOOR GUARD.
1982-03-04HPD class A: D26-10.01 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE ELEC CALL BELL & RETURN BUZZER DOOR TO BLDG TO 1 STY APT 2A. LOCATED AT APT 2A
1982-03-04HPD class B: D26-10.01 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE LOCKING DEVICE & SLAM PLATE 1 STY FRONT ENTRANCE DOOR TO BLDG.
1982-03-04HPD class B: D26-20.08,20.09 ADM CODE PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RU
1982-03-04HPD class B: D26-10.01 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE HEAT THERMOSTAT WALL OF ENTRANCE FOYER 1 STY APT 2A. LOCATED AT APT 2A
1982-01-20HPD class A: D26-20.08,20.09 ADM CODE FILE CERTIFICATION OF SATISFACTORY INSTALLATION OF SMOKE DETECTING DEVICE IN ACCORDANCE WITH H.P.D. RULES AND REGUL
1980
1980-02-14Mortgage — from BALSAM VILLAGE INC to FEDERAL DEPOSIT INSURANCE CORP