The city's published records show little recorded distress here in the last three years. Less recorded distress than 77% 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 4. 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 1981-07-17.
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
3 service requests in the last three years. Most common: ELECTRIC (1) · Dirty Condition (1) · Non (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 (1978)
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 · 0.4 mi straight-line (about a 12-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Sutter Av / 88 St — Q112 · 1,000 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.
3 311 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
1050
8
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
4
1
0
3
0
8
2018
0
1
3
0
1
5
2019
0
0
1
2
1
4
2020
0
0
3
0
1
4
2021
0
1
4
0
0
5
2022
0
0
4
0
0
4
2023
0
2
1
0
1
4
2024
0
0
2
0
1
3
2025
0
0
4
0
1
5
2026
0
1
3
0
1
5
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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
2025-04-29311: ELECTRIC — WIRING
2025-04-29Tenant complaint: ELECTRIC — WIRING
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
2021-10-19FDNY inspection (RISK)
2021-04-05311: ELECTRIC — NO LIGHTING
2021-04-05Tenant complaint: ELECTRIC — NO LIGHTING
2021-03-24311: DOOR/WINDOW — DOOR
2021-03-24Tenant complaint: DOOR/WINDOW — DOOR
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
2019-09-03Mortgage $499,000 — from BALSAM VILLAGE 1 LLC to JPMORGAN CHASE BANK, N.A.$499,000
2019-09-03Agreement $23,199,000 — from JPMORGAN CHASE BANK, N.A. to BALSAM VILLAGE 1 LLC$23,199,000
2019-05-09Boiler inspection
2019-02-06Bedbug filing: 0 infested units
2018
2018-11-01Boiler inspection
2018-10-07311: Derelict Vehicle — With License Plate
2018-07-30FDNY inspection (RISK)
2018-03-07311: HEAT/HOT WATER — ENTIRE BUILDING
2018-03-07Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2017
2017-09-28Permit PL — ISSUED
2017-09-28Permit EW — ISSUED
2017-09-25Job filed: DIRECT REPLACEMENT OF EXISTING GAS BOILER AS PER PLAN. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$9,600
2017-09-25Job filed: DIRECT REPLACEMENT OF EXISTING GAS BOILER AS PER PLAN. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$9,600
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 $28,088,889 — from GREENVIEW ARMS, INC.; BALSAM VILLAGE, INC.; OZONE ESTATES to BALSAM VILLAGE 1 LLC$28,088,889
2017-05-25Deed transfer (nominal price)
2017-02-24DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2015 INSPECTION REPORT
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
2014
2014-05-15DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2012 INSPECTION REPORT
2011
2011-03-30311: Building/Use — Illegal. Commercial Use In Resident Zone
2011-03-10311: NONCONST — VERMIN
2011-03-10Tenant complaint: NONCONST — VERMIN
2009
2009-02-13Tenant complaint: HEATING — HEAT RELATED
2002
2002-03-26DOB violation LL6291:
1991
1991-02-19HPD class C: SECTION 27-2005, 2007 ADM CODE REMOVE THE ILLEGAL FASTENING DOUBLE CYLINDER KEY OPERATED LOCK INSTALLED AT FRONT ENTRANCE DOOR 1 STY NORTH A
1989
1989-07-31Mortgage satisfied — from OZONE ESTATES, INC. to FEDERAL DEPOSIT INSUR/CP
1983
1983-01-18HPD 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
1982
1982-03-05HPD class A: D26-41.15 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND
1982-03-05HPD class A: SECTION 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES,
1981
1981-07-17HPD class A: D26-10.01 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE POINT BRICKWORK & PRECAST STEPS FRONT ENTRANCE TO BLDG.
1981-07-17HPD class A: D26-12.03 ADM CODE PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE EXTERIOR WINDOW FRAMES AND SASHES FRONT ALL STYS.
1980
1980-02-15Mortgage — from OZONE ESTATES INC to FEDERAL DEPOSIT INSURANCE CORP