The city's published records show little recorded distress here in the last three years. More recorded distress than 54% 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 20. 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
5 total — 1 class C (immediately hazardous), 0 class B, 4 class A. Oldest open since 2005-06-08.
status snapshot refreshed weekly from HPD records
Patterns
4 heat or hot-water complaints in the last three years (winter 2025–26: 4).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
2 service requests in the last three years. Most common: HEAT/HOT WATER (2).
Filed construction activity
$128,437 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 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 an 11-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Sutter Av / 88 St — Q112 · 850 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.
2 311 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: $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
Mortgage $3,000,000 — from BALSAM VILLAGE 3 LLC to SIGNATURE BANK
$3,000,000
2022-06-08
AL&R $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
Job filed: HEREWITH FILING FOR PLUMBING AT APT 1A AND 1B AT BASEMENT AS PER PLANS HEREWITH.
2026-03-17
Eviction executed (3B)
2026-03-17
Eviction executed (3B)
2026-02-20
Job filed: INTERIOR RENOVATION AT BASEMENT TO CONVERT INTO TWO DWELLING UNITS AS PER PLANS FILED HEREWITH.
2026-01-20
FDNY inspection (RISK)
2026-01-14
Bedbug filing: 0 infested units
2025-11-25
311: HEAT/HOT WATER — APARTMENT ONLY
2025-11-25
Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2025-11-20
311: HEAT/HOT WATER — ENTIRE BUILDING
2025-11-20
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
The full timeline
2026
2026-09-29Job filed: HEREWITH FILING FOR PLUMBING AT APT 1A AND 1B AT BASEMENT AS PER PLANS HEREWITH.$27,000
2026-03-17Eviction executed (3B)
2026-03-17Eviction executed (3B)
2026-02-20Job filed: INTERIOR RENOVATION AT BASEMENT TO CONVERT INTO TWO DWELLING UNITS AS PER PLANS FILED HEREWITH.$101,437
2026-01-20FDNY inspection (RISK)
2026-01-14Bedbug filing: 0 infested units
2025
2025-11-25311: HEAT/HOT WATER — APARTMENT ONLY
2025-11-25Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2025-11-20311: HEAT/HOT WATER — ENTIRE BUILDING
2025-11-20Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
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
2024-11-08Mortgage 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
2023-11-27FDNY inspection (RISK)
2023-01-13Bedbug filing: 0 infested units
2023-01-06311: Illegal Posting — Poster or Sign
2022
2022-09-29FDNY inspection (RISK)
2022-06-08Mortgage $3,000,000 — from BALSAM VILLAGE 3 LLC to SIGNATURE BANK$3,000,000
2022-06-08AL&R $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
2022-02-04City emergency repair (OMO): nyc - ''essential hpd emergency operations service work'' division install hinges to make door self-closing arrange and $250
2021
2021-12-17HPD class B: § 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1st APARTMENT FROM WES
2021-12-17HPD class B: § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE FOYER LOCATED AT APT 3A, 3rd STORY, 1st A
2021-12-17HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1s
2021-12-17HPD 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
2021-12-17HPD class C: HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1st APARTMENT FR
2021-12-17HPD class A: § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND
2021-12-17HPD class C: § 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE IN THE ENTRANCE LOCATED AT APT 3A,
2021-12-17HPD class B: § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CERAMIC FLOOR TILES IN THE BATHROOM LOCATED AT APT 3A, 3rd
2021-12-17HPD class A: § 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX AT P
2021-12-17HPD 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
2021-11-05Tenant complaint: WATER LEAK — SLOW LEAK
2021-11-05Tenant complaint: WATER LEAK — DAMP SPOT
2021-11-05Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2021-09-28FDNY inspection (RISK)
2020
2020-12-14Bedbug filing: 0 infested units
2020-01-02Bedbug filing: 0 infested units
2019
2019-09-03PREL — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC
2019-02-06Bedbug filing: 0 infested units
2018
2018-07-23FDNY inspection (RISK)
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
2016-11-22HPD 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
2016-05-26FDNY inspection (RISK)
2008
2008-02-20Tenant complaint: HEATING — HEAT RELATED
2005-06-08HPD class C: SECTION 27-2005, 2007 ADM CODE REMOVE THE ILLEGAL FASTENING DOUBLE CYLINDER KEY OPERATING LOCK IN THE ENTRANCE LOCATED AT APT 3B, 2nd STORY,
2005-04-18Tenant complaint: NONCONST — VERMIN
2005-04-18Tenant complaint: GENERAL — WINDOWS
2005-01-22Tenant complaint: HEATING — HEAT RELATED
2003
2003-12-16Tenant complaint: HEATING — RADIATOR
2003-10-23Tenant complaint: HEATING — HEAT RELATED
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
1988
1988-12-01DOB violation C:
1980
1980-02-14Mortgage — from BALSAM VILLAGE INC to FEDERAL DEPOSIT INSURANCE CORP