The city's published records show little recorded distress here in the last three years. Less recorded distress than 75% 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 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
No current HPD flags in the latest weekly snapshot: no open violations, no
pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.
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
5 service requests in the last three years. Most common: Illegal Parking (3) · Derelict Vehicles (1) · HEAT/HOT WATER (1).
Filed construction activity
$9,600 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 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 · 0.5 mi straight-line (about a 12-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Sutter Av / 88 St — Q112 · 0.2 mi
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.
5 311 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: $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
Agreement $23,199,000 — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC
$23,199,000
2019-09-03
Mortgage $499,000 — from BALSAM VILLAGE 1 LLC to JPMORGAN CHASE BANK, N.A.
$499,000
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
1050
10
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
3
1
0
6
0
10
2018
0
1
4
0
1
6
2019
0
0
5
2
1
8
2020
0
0
3
0
1
4
2021
0
1
0
0
0
1
2022
0
1
3
0
0
4
2023
0
2
4
0
1
7
2024
0
0
4
0
1
5
2025
0
0
5
0
1
6
2026
0
1
1
0
1
3
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
The full timeline
2026
2026-03-30FDNY inspection (RISK)
2026-01-16Boiler inspection
2026-01-14Bedbug filing: 0 infested units
2025
2025-11-12311: HEAT/HOT WATER — ENTIRE BUILDING
2025-11-12Tenant 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
2025-03-04311: Illegal Parking — Blocked Hydrant
2025-02-24Boiler inspection
2024
2024-07-08Bedbug filing: 0 infested units
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
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
2021-07-13FDNY inspection (RISK)
2020
2020-12-14Bedbug filing: 0 infested units
2020-06-09311: Overgrown Tree/Branches — Hitting Building
2020-02-12Boiler inspection
2020-01-02Bedbug filing: 0 infested units
2019
2019-11-16311: Abandoned Vehicle — With License Plate
2019-11-14311: Abandoned Vehicle — With License Plate
2019-11-12311: Abandoned Vehicle — With License Plate
2019-09-03Agreement $23,199,000 — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC$23,199,000
2019-09-03Mortgage $499,000 — from BALSAM VILLAGE 1 LLC to JPMORGAN CHASE BANK, N.A.$499,000
2015-04-30311: Vacant Lot — 8 Request to Clean Vacant Lot
2015-02-27HPD class I: SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER
2013
2013-05-17311: Overgrown Tree/Branches — Hitting Building
2013-03-28311: Overgrown Tree/Branches — Hitting Building
2013-01-22311: NONCONST — VERMIN
2013-01-22Tenant complaint: NONCONST — VERMIN
2012
2012-12-09311: NONCONST — VERMIN
2012-12-09Tenant complaint: NONCONST — VERMIN
2012-11-22311: NONCONST — VERMIN
2012-11-22Tenant complaint: NONCONST — VERMIN
2012-11-14311: NONCONST — VERMIN
2012-11-14Tenant complaint: NONCONST — VERMIN
2012-07-31311: Overgrown Tree/Branches — Hitting Building