555 East 171 Street

Owner: Osborne Association

Debt: February 23, 2023, $28.2 million

Built: 1931

Renovated: 1955

SF: 55,200

Dwelling units: 0

No. of buildings: 1

Class: Prisons, Jails, Houses of Detention (Y3)

Floors: 6

Transactions:

• Osborne Association borrowed $28.2 million from New York Fulton Re-entry Facility Add-On Lease-Backed Pass-Through Trust for 1511 Fulton Avenue and 549 East 171st Street, Morrisania, Bronx on February 23, 2023.

• Osborne Association borrowed $19.3 million from Wells Fargo for 1511 Fulton Avenue, 549 East 171st Street, Tremont, Bronx on September 11, 2020.

Development:

• Damon Rowe filed plans for alteration in Morrisania, Bronx, on March 13, 2023.

• Damon Rowe filed plans for alteration in Morrisania, Bronx, on November 22, 2022.

• Damon Rowe filed plans for alteration in Morrisania, Bronx, on January 26, 2022.

• Damon Rowe filed plans for alteration in Morrisania, Bronx, on August 21, 2020.

• Damon Rowe filed plans for alteration in Morrisania, Bronx, on April 23, 2021.

Violations:

According to city public data, the properties have received two DOB violations and $50 in OATH penalties in the last year.