A modest record — below the level that usually signals systemic problems. More recorded distress than 63% 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 30. 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
2 total — 2 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 1983-02-28.
status snapshot refreshed weekly from HPD records
Patterns
2 heat or hot-water complaints in the last three years (winter 2025–26: 2).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
4 service requests in the last three years. Most common: Sanitation Worker or Vehicle Complaint (1) · Noise (1) · Dirty Condition (1) · HEAT/HOT WATER (1).
Filed construction activity
No permitted work with a declared cost filed in the last decade. 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.
6 street-flooding or sewer-backup complaints at this address since
2010 (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
Subway
88 St — A · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Sutter Av / 88 St — Q112 · 800 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.
4 311 service requests from this address in the last three years — 1 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: $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
$11,411,111
Ten-year activity
20100
2017
2018
2019
2020
12
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & money
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Total
2017
0
1
3
4
2018
0
5
0
5
2019
1
4
1
6
2020
1
6
0
7
2021
6
6
0
12
2022
0
6
4
10
2023
0
3
0
3
2024
0
4
2
6
2025
0
10
0
10
2026
1
1
0
2
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HPD class A: §27-2045(B)(5) HMC, § 12-01 RCNY POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE
2025-12-12
HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2025-12-12
HPD class A: §27-2045(B)(5) HMC, § 12-06, 12-10 RCNY POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY COMMISS
2025-12-12
HPD class A: § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGE
2025-12-12
HPD class C: § 27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO H
2025-12-10
311: HEAT/HOT WATER — ENTIRE BUILDING
2025-12-10
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
The full timeline
2026
2026-01-20FDNY inspection (RISK)
2026-01-14Bedbug filing: 0 infested units
2025
2025-12-12HPD class A: §27-2045(B)(5) HMC, § 12-01 RCNY POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE
2025-12-12HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2025-12-12HPD class A: §27-2045(B)(5) HMC, § 12-06, 12-10 RCNY POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY COMMISS
2025-12-12HPD class A: § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGE
2025-12-12HPD class C: § 27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO H
2025-12-10311: HEAT/HOT WATER — ENTIRE BUILDING
2025-12-10Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2025-09-03311: Dirty Condition — Dog Waste
2025-06-23Bedbug filing: 0 infested units
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
2024-11-08AALR — from SIGNATURE BANK; SIGNATURE BRIDGE BANK; FEDERAL DEPOSIT INSURANCE CORPORATION to SIG RCRS A/B MF 2023 VENTURE LLC
2024-11-08Mortgage assigned — from SIGNATURE BRIDGE BANK; FEDERAL DEPOSIT INSURANCE CORPORATION; SIGNATURE BANK to SIG RCRS A/B MF 2023 VENTURE LLC
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
2023-11-29311: Sanitation Worker or Vehicle Complaint — Spilled Garbage
2022-07-11311: Overgrown Tree/Branches — Hitting Building
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
2021-11-26311: 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 ?
2021-09-28FDNY inspection (RISK)
2021-07-19311: Abandoned Vehicle — With License Plate
2021-05-20311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-05-20DOB complaint, category ?
2021-04-27311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2021-04-27DOB complaint, category ?
2021-04-04311: General Construction/Plumbing — Cons - Contrary/Beyond Approved Plans/Permits
2021-04-04DOB complaint, category ?
2020
2020-12-14Bedbug filing: 0 infested units
2020-11-17311: Building/Use — Illegal. Commercial Use In Resident Zone
2020-11-17DOB complaint, category ?
2020-11-13311: Illegal Parking — Blocked Hydrant
2020-08-29311: Food Poisoning — 1 or 2
2020-06-09311: Overgrown Tree/Branches — Hitting Building
2020-01-02Bedbug filing: 0 infested units
2019
2019-09-03PREL — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC
2018-01-31Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2018-01-08311: HEAT/HOT WATER — APARTMENT ONLY
2018-01-08Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2017
2017-11-20311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
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
2016-11-22HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2016-10-13FDNY inspection (RISK)
2016-08-02311: WATER LEAK — HEAVY FLOW
2016-08-02Tenant complaint: WATER LEAK — HEAVY FLOW
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
1983-02-28HPD class C: D26-17.10 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO H
1982
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