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555 Kappock Street

The Bronx · Parcel 2057220445
412
Residential units
1966
Year built
539,000 sq ft
Building area
24
Open violations
$15,533,100
Assessed value

Analysis

AI-generated Risk: Medium

The property offers a sizable, appreciating asset but is constrained by over‑building and compliance liabilities, making it a moderate‑risk acquisition.

The good

  • large building footprint of 539,000 sq ft provides substantial rental inventory
  • assessed value rose 8.5 % indicating upward valuation trend
  • no legal proceedings and not on a tax‑lien list reduces immediate legal risk
  • high number of permits (87) suggests recent or ongoing improvements

The bad

  • built FAR of 5.93 exceeds the residential limit of 2.43, meaning the building is over‑built for its residential allowance
  • total penalties owed of $19,000 (enforcement $8,000 + safety $11,000) are material and often missed by buyers
  • 24 open violations (0.1 per unit) indicate compliance issues that may require remediation
  • no arm‑length sale recorded; last sale price was $0, limiting price‑history guidance

Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.

What the numbers say

Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.

Already larger than residential zoning would allow

The building occupies a floor-area ratio of 5.93, against a residential limit of 2.43 — it is over that limit by 3.50. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.

A material outstanding penalty balance

24 open violations carry an outstanding balance of $8,000.00. A balance at this level belongs in the price of any decision about this building. Note that this figure covers enforcement penalties only — it does not include unpaid property tax or water and sewer arrears, which are not shown anywhere on this page and are frequently the larger number.

No arm's-length sale on record

The last recorded transfer is dated 22 Jul 1966 at a recorded price of $0. Transfers between related parties, estate settlements and corrective filings are legitimately recorded at nominal amounts, so this is neither an error nor a bargain — it means there is no usable sale price here, and every ratio derived from one (price per unit, price against assessed value) is therefore withheld rather than shown as zero.

Assessed value trend

Assessed value has risen 8.5% across the 5 assessment years on record (2023 to 2027), standing at $15,533,100. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.

Development & zoning

Floor-area ratio

Built5.93
Residential limit2.43
Commercial limit0.00
Community-facility limit4.80

Development headroom (calculated) calculated

Highest permitted ratio4.80
Unused ratio-1.13
Unused buildable area
Lot area90,950 sq ft

Value & taxes

Assessment

Assessed total$15,533,100
Assessed land$1,053,450
Assessed building$14,479,650
Market value on record$34,518,000
Assessed as % of market45.0%

Tax

Tax class2
Taxable assessed$15,008,490
Tax rate12.502%
Estimated annual levy$1,876,361.42
Tax exemption (assessed value)$178,629
Tax abatementCo-op/condo — $450,005

The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.

Assessed value by year

YearAssessed valueChange
2027$15,533,100
2026$15,223,950+2.0%
2025$15,001,650+1.5%
2024$14,962,950+0.3%
2023$14,320,800+4.5%

Building & occupancy

Structure

Year built1966
Floors25
Building area539,000 sq ft
Residential area463,000 sq ft
Commercial area76,000 sq ft

Occupancy

OwnershipCooperative
Total units412
Residential units412
Residential Avg unit size1,124 sq ft (calculated)
Building classD4

Neighborhood, risk & energy

Neighborhood & transit

Nearest subwayMarble Hill-225 St (1) — 0.44 mi
School district10
Police precinct50
Nearest firehouseEngine 81/Ladder 46 — 3025 Bailey Ave.

Location risk

Flood zoneMinimal hazard (Zone X)
Hurricane evacuation zoneNot in an evacuation zone
Evictions on record1 (most recent 2019)

Building compliance

BoilerDefects reported (2025)

Energy & emissions

Energy gradeA
Energy use intensity52.1 kBtu/ft²
Greenhouse-gas emissions2,001 metric tons/yr

Record activity

Compliance calculated

Open violations24
Open per residential unit0.1 (calculated)
Enforcement penalties$8,000.00
Safety-violation penaltiesNot available
Total penalties owed$19,000.00 (calculated)
On tax-lien sale listNo

Activity

Complaints recorded329
Permits / alterations87
Recorded documents250
Legal proceedings0

Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.

Ownership & last recorded sale

Owner of record

OwnerRiver Point Towers Coop Inc
Parcel2057220445
Block5722
Lot445
Mortgage on record$7,501,338 (2020) — Apple Bank For Savings

Last recorded transfer

Date22 Jul 1966
Recorded price$0
Price per unitNot meaningful
Price vs assessedNot meaningful

Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.

Open violations

Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.

IssuedCategoryClassStatusAmount dueDescription
12 Dec 2025HousingBNOTICE OF ISSUANCE SENT TO TENANT27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... LESS THAN 10SQ FT AT NORTH WALL IN THE 1st ROOM FROM EAST LOCATED AT APT 6H, 6th STORY, 6th APARTMENT FROM WEST AT NORTH ORIGINAL VIOLATION 18154712 ISSUED 12-AUG-25 HAS BEEN UPGRADED TO CLASS B PER ADMINISTRATIVE COD
8 Dec 2025HousingBNOV SENT OUTHMC- §272024 PROVIDE AND MAINTAIN A PURE AND WHOLESOME WATER SUPPLY THAT WAS FOUND DISCOLORED AT SINK IN THE KITCHEN LOCATED AT APT 22F, 20th STORY, 7th APARTMENT FROM SOUTH AT WEST
21 Nov 2025HousingBNOV SENT OUT27-2026 ADM CODE REMOVE ALL OBSTRUCTIONS AND REPAIR ALL DEFECTS IN AT DRAIN LINE AT SINK IN THE KITCHEN LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
21 Nov 2025HousingBNOV SENT OUT27-2026 ADM CODE REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS AT SINK IN THE KITCHEN LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
20 Aug 2025HousingBNOV SENT OUT27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... MORE THAN 20 SQUARE FEET AT WEST WALL AT PUBLIC HALL, 20th STORY ORIGINAL VIOLATION 17839351 ISSUED 21-APR-25 HAS BEEN UPGRADED TO CLASS B PER ADMINISTRATIVE CODE §27-2017.3a(3)(a) or (b
14 Aug 2025HousingCNOTICE OF ISSUANCE SENT TO TENANTHMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 6H, 6th STORY, 6th APARTMENT FROM WEST AT NORTH
31 Mar 2025HousingANOV SENT OUT329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWEEN 48-62 INCHES ABOVE FLOOR FRAME MISSING
31 Mar 2025HousingANOV SENT OUT27-2053 ADM CODE POST SIGN ON WALL OF ENTRANCE STORY BEARING NAME, ADDRESS INCLUDING APARTMENT NUMBER IF ANY, AND TELEPHONE NUMBER OF SUPERINTENDENT, JANITOR OR HOUSEKEEPER
2 May 2024HousingBNOV SENT OUT27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE CONVECTOR UNIT (HVAC) AT WEST WALL IN THE 1st ROOM FROM NORTH LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
2 May 2024HousingBNOV SENT OUT27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE AND MAKE OPERABLE THE LOWER AND UPPER SASHES AT WEST WALL WINDOW IN THE 1st ROOM FROM NORTH LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
2 May 2024HousingBNOV SENT OUT27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE 1st ROOM FROM NORTH LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
2 May 2024HousingBNOV SENT OUT27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE LIGHT SWITCH DEVICE AT EAST WALL IN THE BATHROOM LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
2 May 2024HousingBNOV SENT OUT27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE AND OPERABLE THE LOWER AND UPPER SASHES AT WEST WALL WINDOW IN THE 2nd ROOM FROM NORTH LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
2 May 2024HousingBNOV SENT OUT27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE PRIVATE HALLWAY LOCATED AT APT 22F, 22nd STORY, 7th APARTMENT FROM SOUTH AT WEST
3 Jan 2024BuildingV-Building VIOLATION - ACTIVEFAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) Enforcement VIOLATION
3 Jan 2024BuildingAEUHAZActiveFTC-AEU-HAZ
14 Nov 2023BuildingBoilerActiveViolation Issued-Failure To File 2018 External Inspection Affirmation of Correction for LP Device
11 Oct 2023EnforcementCLASS - 1ACTIVE$8,000ELECTRICAL ROOM RATE OVER 1000 KVA. I OBSERVED UNSAFE CONDITIONS. ONE OF THE TWO DOORS OPENS IN AND SECOND DOOR OPENS OUT HALF WAY BECAUSE IS BLOCKED BY STORAGE UNITS STRUCTURE ON THE OTHER SIDE OF THE DOOR ALS
2 Oct 2023BuildingElevatorsActiveViolation Issued-Failure To File 2022 Periodic Inspection Affirmation of Correction
18 Jul 2022BuildingFacadesActiveCYCLE 9C UNSAFE REPORT FILED
26 Mar 2021HousingBNOV CERTIFIED LATE27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE ELECTRIC BLOWER ON RADIATOR CONTROL MODULE IN THE 1st ROOM FROM EAST LOCATED AT APT 14U, 14th STORY, 6th APARTMENT FROM EAST AT SOUTH
4 Dec 2019HousingCNOT COMPLIED WITH27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO HAVE KEY TO BUILDINGS HEATING SYSTEM AT PUBLIC HALL, 1st STORY
4 Apr 2019HousingCNOT COMPLIED WITH27-2033 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO HAVE KEY TO BUILDINGS HEATING SYSTEM AT/OR NEAR MAILBOXES (SIGN PRESENT INFO MISSING
12 Mar 2015HousingBNOT COMPLIED WITH27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR WEST WALL IN THE 1st ROOM FROM EAST LOCATED AT APT 14U, 14th STORY, 6th APARTMENT FROM EAST AT SOUTH

Complaints

A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.

DateProblemTypeStatusClosed
21 Jul 2026Posted Parking Sign ViolationIllegal ParkingClosed21 Jul 2026
19 Jul 2026Posted Parking Sign ViolationIllegal ParkingClosed20 Jul 2026
6 Jul 2026Loud TelevisionNoise - ResidentialClosed6 Jul 2026
25 Jun 2026Boiler - Defective/Inoperative/No PermitBoilersClosed15 Jul 2026
22 Jun 2026Facility MaintenanceBeach/Pool/Sauna ComplaintClosed6 Jul 2026
11 Jun 2026Blocked HydrantIllegal ParkingClosed11 Jun 2026
28 May 2026Illegal Use Of A Hydrant (CINWater ConservationClosed28 May 2026
28 May 2026Hydrant Running Full (WA4Water SystemClosed29 May 2026
28 May 2026Illegal Use Of A Hydrant (CINWater ConservationClosed28 May 2026
11 May 2026Non-ChronicHomeless Person AssistanceClosed12 May 2026
10 May 2026Engine IdlingNoise - VehicleClosed10 May 2026
6 May 2026Loud TelevisionNoise - ResidentialClosed6 May 2026
2 May 2026Plumbing-Defective/Leaking/Not MaintainedPlumbingClosed6 Aug 2026
29 Apr 2026Recycling - PaperMissed CollectionClosed4 May 2026
27 Apr 2026With License PlateAbandoned VehicleClosed27 Apr 2026
26 Apr 2026Engine IdlingNoise - VehicleClosed27 Apr 2026
19 Apr 2026Car/Truck HornNoise - VehicleClosed19 Apr 2026
24 Mar 2026No Parking, Standing, StoppingStreet Sign - DanglingClosed26 Mar 2026
21 Mar 2026Rat SightingRodentClosed26 Mar 2026
21 Mar 2026Broken SidewalkSidewalk ConditionClosed6 Apr 2026
5 Mar 2026Cave-inStreet ConditionClosed5 Mar 2026
20 Feb 2026Rat SightingRodentClosed20 Feb 2026
15 Feb 2026Loud TalkingNoise - ResidentialClosed16 Feb 2026
2 Feb 2026ENTIRE BUILDINGHEAT/HOT WATERClosed6 Feb 2026
29 Jan 2026ENTIRE BUILDINGHEAT/HOT WATERClosed2 Feb 2026
27 Jan 2026ENTIRE BUILDINGHEAT/HOT WATERClosed28 Jan 2026
7 Jan 2026Banging/PoundingNoise - ResidentialClosed7 Jan 2026
7 Jan 2026Banging/PoundingNoise - ResidentialClosed7 Jan 2026
7 Jan 2026Banging/PoundingNoise - ResidentialClosed7 Jan 2026
4 Jan 2026Posted Parking Sign ViolationIllegal ParkingClosed4 Jan 2026
4 Jan 2026Trash or RecyclingObstructionClosed9 Jan 2026
28 Dec 2025Broken SidewalkSidewalk ConditionIn Progress
26 Dec 2025APARTMENT ONLYHEAT/HOT WATERClosed29 Dec 2025
20 Dec 2025APARTMENT ONLYHEAT/HOT WATERClosed22 Dec 2025
20 Dec 2025ENTIRE BUILDINGHEAT/HOT WATERClosed22 Dec 2025
16 Dec 2025ENTIRE BUILDINGHEAT/HOT WATERClosed18 Dec 2025
16 Dec 2025ENTIRE BUILDINGHEAT/HOT WATERClosed16 Dec 2025
14 Dec 2025ENTIRE BUILDINGHEAT/HOT WATERClosed16 Dec 2025
9 Dec 2025ENTIRE BUILDINGHEAT/HOT WATERClosed10 Dec 2025
8 Dec 2025ENTIRE BUILDINGHEAT/HOT WATERClosed9 Dec 2025
8 Dec 2025Loud TalkingNoise - ResidentialClosed8 Dec 2025
7 Dec 2025No AccessBlocked DrivewayClosed8 Dec 2025
3 Dec 2025APARTMENT ONLYHEAT/HOT WATERClosed4 Dec 2025
3 Dec 2025APARTMENT ONLYHEAT/HOT WATERClosed5 Dec 2025
1 Dec 2025APARTMENT ONLYHEAT/HOT WATERClosed3 Dec 2025
28 Nov 2025Lead Kit Request (Residential) (L10LeadClosed1 Dec 2025
22 Nov 2025Banging/PoundingNoise - ResidentialClosed23 Nov 2025
22 Nov 2025Loud TalkingNoise - ResidentialClosed22 Nov 2025
20 Nov 2025Loud TalkingNoise - ResidentialClosed20 Nov 2025
18 Nov 2025Loud TalkingNoise - ResidentialClosed19 Nov 2025

Showing the 50 most recent of 150. The full set is available in the interactive report.

Permits & alterations

The absence of a permit does not prove no work was done — it may equally mean work was done without one.

IssuedTypeStatusWork
21 Mar 2024Suspended ScaffoldPermit IssuedINSTALLATION OF SUSPENDED SCAFFOLD FOR FACADE REPAIR
6 Feb 2024General ConstructionSigned-offFiling facade repair as per plans filed herewith. No change in use of occupancy or egress
25 Jul 2023Sidewalk ShedSigned-offproposed installation of a temporary sidewalk shed as per plans submitted. work shall comply with 2014 building codes, chapter 33. no change in use, egress or occupancy
22 Mar 2023StructuralSigned-offFiling for Cooling Tower Dunnage repair as per plans filed herewith. No change in use, occupancy or egress
10 May 2019A3ISSUED
10 Dec 2018A2ISSUED
25 Apr 2018A2ISSUED
21 Feb 2018A2ISSUED
14 Dec 2017A2ISSUED
17 Aug 2016A2ISSUED
26 Apr 2016A3ISSUED
14 Aug 2013A2ISSUED
21 Mar 2013A2ISSUED
27 Jun 2012A2ISSUED
27 Jun 2012A2ISSUED
12 Jun 2012A2ISSUED
12 Jun 2012A2ISSUED
17 Apr 2012A3ISSUED
17 Apr 2012A3ISSUED
13 Dec 2011A2ISSUED
13 Dec 2011A2ISSUED
9 Dec 2011A2ISSUED
21 Jul 2011A2ISSUED
21 Jul 2011A2ISSUED
13 Jun 2011A2ISSUED
28 Apr 2011A2ISSUED
28 Apr 2011A2ISSUED
12 Apr 2011A2ISSUED
16 Dec 2010A3ISSUED
16 Dec 2010A3ISSUED
15 Dec 2010A3ISSUED
15 Dec 2010A3ISSUED
1 Sep 2010A2ISSUED
1 Sep 2010A2ISSUED
24 Aug 2010A3ISSUED
9 Jul 2010A3ISSUED
7 Oct 2008A3ISSUED
7 Oct 2008A3ISSUED
30 Jul 2008A2ISSUED
30 Jul 2008A2ISSUED
10 Jun 2008A2ISSUED
10 Jun 2008A2ISSUED
10 Jun 2008A2ISSUED
13 Nov 2006A2ISSUED
13 Nov 2006A2ISSUED
13 Nov 2006A2ISSUED
10 Apr 2006A2ISSUED
10 Apr 2006A2ISSUED
22 Jun 2001A2ISSUED
22 Jun 2001A2ISSUED

Showing the 50 most recent of 87. The full set is available in the interactive report.

Recorded documents

Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.

RecordedTypeAmountFromTo
11 Jun 2026RPTT&RET
19 May 2026RPTT&RET$265,000
19 May 2026RPTT&RET$215,000
4 May 2026RPTT&RET$240,000
13 Apr 2026RPTT&RET$545,000
10 Mar 2026RPTT&RET$165,000
29 Jan 2026RPTT&RET$425,000
31 Dec 2025RPTT&RET$350,000
19 Dec 2025RPTT&RET
16 Dec 2025RPTT&RET$432,250
18 Nov 2025RPTT&RET
12 Nov 2025RPTT&RET$210,000
3 Nov 2025RPTT&RET$230,000
24 Oct 2025RPTT&RET$412,000
23 Oct 2025RPTT&RET$480,888
15 Oct 2025RPTT&RET$220,000
6 Oct 2025RPTT&RET
2 Oct 2025RPTT&RET$240,000
9 Sep 2025RPTT&RET
20 Aug 2025RPTT&RET$160,000
7 Aug 2025RPTT&RET$420,000
7 Jul 2025RPTT&RET$269,000
9 Jun 2025RPTT&RET$354,000
4 Jun 2025RPTT&RET$270,000
9 May 2025RPTT&RET$176,000
1 May 2025RPTT&RET$258,570
19 Mar 2025RPTT&RET$170,000
21 Feb 2025RPTT&RET$449,500
13 Feb 2025RPTT&RET$240,000
4 Feb 2025RPTT&RET$196,000
10 Jan 2025RPTT&RET$380,000
20 Dec 2024RPTT&RET$421,000
20 Nov 2024RPTT&RET$225,000
21 Oct 2024RPTT&RET$354,000
8 Oct 2024RPTT&RET$450,000
17 Sep 2024RPTT&RET$205,000
4 Sep 2024RPTT&RET$200,000
23 Aug 2024RPTT&RET
16 Aug 2024RPTT&RET$220,000
31 Jul 2024RPTT&RET$225,000
22 Jul 2024RPTT&RET$410,000
17 Jul 2024RPTT&RET$500,000
12 Jul 2024RPTT&RET$349,800
2 Jul 2024RPTT&RET$205,000
14 Jun 2024RPTT&RET$170,000
30 Apr 2024RPTT&RET$375,000
25 Apr 2024RPTT&RET$525,000
24 Apr 2024RPTT&RET$410,000
23 Apr 2024RPTT&RET
18 Mar 2024RPTT&RET$390,000

Showing the 50 most recent of 150. The full set is available in the interactive report.

About this page

Compiled from New York City public records — data retrieved 6 days ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.

This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.