1973 Webster Avenue

Owner: Heritage Affordable Communities

Acquired: January 19, 2021, $10.8 million

Debt: January 25, 2021, $7.3 million

Built: 2002

SF: 83,806

Dwelling units: 69

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 8

Legacy BBLs: 2031420090

Transactions:

• Company sold 1971 Webster Avenue, Fordham Heights, Bronx for $0 to company on December 18, 2024.

• Heritage Affordable Communities borrowed $7.3 million from Berkadia Commercial Mortgage for 1971 Webster Avenue, Fordham, Bronx on January 25, 2021.

• MacQuesten Companies sold 1971 Webster Avenue, Fordham, Bronx for $10.8 million to Hp Webster Gardens Housing Dev Fund Company, Inc. on January 19, 2021.

Development:

• Ramandeep Singh filed plans for alteration in Fordham Heights, Bronx, on September 13, 2023.

• Locust Cove Management Llc filed plans for alteration in Fordham Heights, Bronx, on October 11, 2022.

Violations:

According to city public data, the properties have received one DOB violation, $6,280 in ECB penalties, 91 housing violations, $11,770 in OATH penalties, and one housing litigation in the last year.