547 Osborn Street

Brooklyn, NY

BBL 3-03617-0040BIN 3398659Plain-text version

Concern level4 of 4

Severe

0144 open class-C HPD violations (immediately hazardous) across 32 apartments
0244 of those issued in the last 3 years
0310 open rent-impairing violation(s)
042 evictions executed in the last 3 years

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 32 stabilized units with New York State for 2023 — essentially all of the building's 32 apartments.

2018 — 32 units registered2023 — 32

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 →

Rent regulation

The building

2009

Built

Floors

Residential units

Walk-up apartments

Type

The building

This building and the landlord's others

This building1 others linked to the same owner

HPD housing-maintenance violations

Open now

130

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. This tax lot has 4 buildings; these counts are for this building only.

CLASS C · IMMEDIATELY HAZARDOUSApt 2BIssued 2026-10-212 violations

§ 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE CABINET AT WEST WALL IN THE KITCHEN LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM WEST AT NORTH
§ 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE BASE CABINRT UNDER THE SINK IN THE KITCHEN LOCATED AT APT 2B, 2nd STORY, 1st APARTMENT FROM WEST AT NORTH

Status: Notice issued, not yet certified

CLASS C · IMMEDIATELY HAZARDOUSApt 2AIssued 2026-04-13

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2A, 2nd STORY, 1st APARTMENT FROM WEST AT NORTH

Status: Landlord hasn't certified a fix

CLASS C · IMMEDIATELY HAZARDOUSApt 2BIssued 2025-10-063 violationsRENT-IMPAIRING

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 2nd APARTMENT FROM NORTH AT EAST
HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 2nd APARTMENT FROM NORTH AT EAST

1 more from the same inspection

§ 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2B, 2nd STORY, 2nd APARTMENT FROM NORTH AT EAST

Status: HPD couldn't get in to re-inspect

CLASS C · IMMEDIATELY HAZARDOUSApt 3AIssued 2025-09-29

HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1st APARTMENT FROM NORTH AT EAST

Status: Landlord hasn't certified a fix

HPD housing-maintenance violations

311 complaints from tenants

212

All time

Last 12 months

Heat/Hot Water54

Unsanitary Condition54

Flooring/Stairs18

Door/Window15

Paint/Plaster14

Appliance14

Water Leak12

Plumbing12

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

Higher than averagevs. NYC apartment blocks

891

Noise reports · last 12 mo

≈ per month

% from neighbors

Residential446

Street/Sidewalk377

Unspecified29

Vehicle16

Commercial13

Park9

Helicopter1

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

Higher than averagevs. NYC apartment blocks

304

NYPD reports · last 12 mo

≈ per month

Felony110

Misdemeanor130

Violation64

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 27 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.

Bedbug history

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

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.

OATH/ECB violations and fines

Evictions

Executed, all time

Last 3 years

2024-02-02Apt 4Aresidential

2024-01-10Apt 2Bresidential

2023-05-30Apt 3Bresidential

2023-04-10Apt 4Aresidential

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 2025-11-24

Heat / hot water

CLOSEDOpened 2025-11-20

Heat / hot water

CLOSEDOpened 2025-11-20

Heat / hot water

CLOSEDOpened 2025-11-19

Heat / hot water

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 WATKINS ST.HOUS.DEV.FUND CO.,INC.

Head officer

AARON GRAF

Managing agent

THE WAVECREST MNGT TEAM

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

540 WATKINS STREETBROOKLYN

Landlord and related buildings

Ownership & money

Recorded sales

Mortgages / refinances

Last recorded sale2008-12-23 · $5

Most recent mortgage2011-08-25 · $1,528,007

Mortgage2011-08-25$1,528,007

borrower 550 WATKINS STREET LLC, 550 WATKINS STREETHDFC, INC. · lender THE CITY OF NEW YORK

Sale2008-12-23$5

THE CITY OF NEW YORK, DEPT. OF HPD → 550 WATKINS ST. HOUS. DEV. FUND CO., INC.

Mortgage2008-12-23$12,676,933

borrower 550 WATKINS STREET HOUSING DEV. FUND COMPANY, INC., 550 WATKINS STREET LLC · lender NEW YORK CITY HOUSING DEVELOPMENT CORPORATION

Mortgage2008-12-23$1,853,067

borrower 550 WATKINS STREET LLC, 550 WATKINS STREET HOUSING DEV. FUND COMPANY, INC. · lender NEW YORK CITY HOUSING DEVELOPMENT CORPORATION

Mortgage2008-12-23$4,729,987

borrower 550 WATKINS STREET HOUSING DEV. FUND COMPANY, INC., 550 WATKINS STREET LLC · lender NEW YORK CITY HOUSING DEVELOPMENT CORPORATION

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.

City debt & tax-lien sale