554 Trinity Avenue

Bronx, NY

BBL 2-02623-0142BIN 2004417Plain-text version

Concern level3 of 4

High

0112 open class-C HPD violations (immediately hazardous) — about 1 per 4 apartments
0212 of those issued in the last 3 years
031 eviction executed in the last 3 years
044 OATH/ECB fines lost by default (unpaid)

How this is set: open hazardous violations measured against the building's size, then raised by strong distress signals — HPD's enforcement program, court harassment findings, recent evictions, unpaid OATH/ECB fines, open housing-court cases, and a sold tax lien. Neighborhood noise and crime are not part of it. It describes the public record, not the condition of any one apartment, and a quiet record is not proof of a good building.

Rent regulation

Likely rent-stabilized

The owner registered 16 stabilized units with New York State for 2023 — of about 52 apartments.

2022 — 16 units registered2023 — 16

421-a tax benefit

Rent stabilization here may be tied to a tax benefit and can end when the benefit expires.

No public data says which specific apartment is stabilized.

Registration counts apply to the building, not to unit numbers. To confirm your own apartment, request your rent history from New York State Homes and Community Renewal — it is free and takes a few weeks.

How to request your rent history →

The building

2021

Built

Floors

Residential units

Elevator apartments

Type

This building and the landlord's others

This building18 others linked to the same owner

HPD housing-maintenance violations

Open now

On record

Open Class C

Open Class B

Open Class A

Class C is immediately hazardous, Class B is hazardous, Class A is non-hazardous. A violation stays open until HPD certifies the repair, so some open items may already be fixed. HPD writes a separate violation for each room or spot, so one inspection can produce several near-identical entries; those are grouped below by apartment and date.

CLASS C · IMMEDIATELY HAZARDOUSIssued 2026-10-052 violations

§ 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF CAP INSTALLED AT SPRINKLER HEAD AT 1ST STORY OF PUBLIC HALL STAIRS ''A'' AND ''B'' AT PUBLIC HALL STAIRS, 1st STORY
§ 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE GLASS PANEL AT BUILDING ENTRANCE DOOR , 1st STORY

Status: Nov Certified On Time

CLASS C · IMMEDIATELY HAZARDOUSApt 7AIssued 2026-09-24

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 7A, 7th STORY, 2nd APARTMENT FROM SOUTH AT WEST

Status: Civ14 Mailed

CLASS C · IMMEDIATELY HAZARDOUSApt 3HIssued 2026-09-10

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 3H, 3rd STORY, 1st APARTMENT FROM WEST AT NORTH , SECTION ''North''

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSIssued 2026-05-26

§ 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE LATCH AT BUILDING ENTRANCE DOOR , 1st STORY

Status: Landlord hasn't certified a fix

HPD housing-maintenance violations

311 complaints from tenants

141

All time

Last 12 months

Unsanitary Condition60

Heat/Hot Water22

Appliance12

Plumbing11

Door/Window11

Paint/Plaster8

Water Leak5

General5

Complaints record what a tenant reported, not a finding by the city. "Closed" often means the inspector could not gain access.

311 complaints from tenants

Neighborhood noise

Much higher than averagevs. NYC apartment blocks

1821

Noise reports · last 12 mo

152

≈ per month

% from neighbors

Residential1443

Street/Sidewalk286

Vehicle40

Unspecified29

Commercial11

House of Worship9

Park3

311 noise complaints within about 1,000 ft (a few blocks) in the last year. Most reports here are about noise from inside buildings — neighbors, not the street. This counts how often people call 311, which tracks how densely populated and busy an area is as much as how loud it is — it is not a sound measurement.

Neighborhood noise

Neighborhood crime

Much higher than averagevs. NYC apartment blocks

731

NYPD reports · last 12 mo

≈ per month

Felony226

Misdemeanor339

Violation166

NYPD complaints reported within about 1,000 ft (a few blocks) in the last year, by severity. This reflects what gets reported and where police are active as much as actual safety, and busier, denser, higher-foot-traffic blocks log more. Locations are approximate — the NYPD shifts each report to the nearest corner for privacy — so read this as rough context, not a safety score.

Neighborhood crime

Bedbug history

No bedbugs reported

The owner filed 4 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.

DOB building violations

Active

On record

Active, last 3 yrs

Violations issued by the Department of Buildings that the owner must correct. Most don't carry a fine on their own; summonses that go to a hearing and can be fined are listed separately under OATH/ECB.

No active DOB violations.

DOB building violations

OATH/ECB violations and fines

$23,155

Balance due (active)

Active violations

Lost by default

These are separate from DOB violations. They are summonses written by DOB inspectors and decided at a hearing before OATH, the city's administrative court (formerly the Environmental Control Board), and they can carry a fine. "Lost by default" means the owner never appeared at the hearing. An unpaid balance is a stronger "ignoring the city" signal than a raw violation count.

DEFAULTElevatorsClass 12026-07-17$1,280 due

ConstructionClass 12026-03-06$6,250 due

DEFAULTElevatorsClass 22025-09-12$3,125 due

DEFAULTConstructionClass 12025-01-22$6,250 due

OATH/ECB violations and fines

Evictions

Executed, all time

Last 3 years

2025-01-27Apt 5Hresidential

Executed by a city marshal. An eviction can be lawful; a high or rising count is a displacement signal, not proof of wrongdoing.

Evictions

Housing court: repair & harassment cases

Cases on record

Open now

Tenant-brought

Harassment found

With a judgment

Most cases are tenants taking the owner to court to force repairs. A case is not proof of wrongdoing; a harassment finding or judgment is a court ruling against the owner.

CLOSEDOpened 2026-03-20

Tenant action

These are cases HPD is a party to, mostly tenants suing to force repairs or stop harassment. Eviction cases landlords file against tenants are not in the city's open data, so they don't appear here; the Evictions section shows only evictions a marshal carried out.

Housing court

Landlord and related buildings

Registered owner

550 TRINITY LLC

Head officer

SHIMSHON GRUNSTEIN

Managing agent

Frontgate Management

18 other buildings share this owner's registration contacts. Shared contacts suggest common control, but they are not proof of ownership.

1297 COLLEGE AVENUEBRONX 1307 FINDLAY AVENUEBRONX 1426 VYSE AVENUEBRONX 1694 NELSON AVENUEBRONX 2525 GRAND AVENUEBRONX

Landlord and related buildings

Ownership & money

Recorded sales

Mortgages / refinances

Last recorded sale1976-01-29 · no recorded price

Most recent mortgage2022-12-30 · $5,100,000

Mortgage2022-12-30$5,100,000

borrower 550 TRINITY LLC · lender AMALGAMATED BANK, ISAOA/ATIMA

Mortgage2022-03-30$300,000

borrower 550 TRINITY LLC · lender S3 RE FUNDING III LLC

Mortgage2021-06-03$2,400,000

borrower 550 TRINITY LLC · lender S3 RE FUNDING III LLC

Mortgage2021-06-03$7,200,000

borrower 550 TRINITY LLC · lender S3 RE FUNDING III LLC

Mortgage2019-11-14$600,000

borrower 550 TRINITY LLC · lender EASTERN CAPITAL GROUP LLC

From ACRIS recorded documents. Amounts are often $0 or nominal for transfers between related parties, and LLCs can obscure who is really involved — treat this as public-record context, not a valuation.

Ownership & money

City debt & tax-lien sale

Not on the city's tax-lien sale list (2019–2025). The owner has not fallen far enough behind on property tax or water charges to be flagged for a lien sale.