549 East 170 Street

Owner: Phipps Houses

Debt: May 08, 2026, $56.8 million

Built: 1925

SF: 48,950

Dwelling units: 50

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 5

Transactions:

• Phipps Houses borrowed $56.8 million from NYC Department of Housing Preservation and Development for 1409-1411 Fulton Avenue, 1605 Fulton Avenue, 1581 Fulton Avenue, 1485 Fulton Avenue, 1743 Fulton Avenue, 1591 Fulton Avenue, 1735 Fulton Avenue, 1413 Fulton Avenue, 1727 Fulton Avenue, 545-547 St. Pauls Place, 1451 Crotona Place, 1469 Fulton Avenue, 1465 Fulton Avenue, 1573 Fulton Avenue, 1779 Fulton Avenue, 1775 Fulton Avenue, 1771 Fulton Avenue, 1767 Fulton Avenue, 1763 Fulton Avenue, 1729 Fulton Avenue, and others, Morrisania, Bronx on May 08, 2026.

Development:

• Matthew Kelly filed alteration job 220606761 for RES building with 50 apartments in Morrisania, Bronx, on July 18, 2017.

• Joan Trani filed alteration job 240109912 for RES building with 50 apartments in Morrisania, Bronx, on August 13, 2015.

Violations:

According to city public data, the properties have received 20 housing violations and $1,200 in OATH penalties in the last year.