1491 Watson Avenue
Bronx · 10472 · BBL 2037380001 · look up another building
Most recent filing on this building: a violation, September 12, 2026
1491 Watson Avenue is a multi-family elevator building in Soundview, Bronx, ZIP 10472. City records date it to 1939 and count 60 apartments. The city's property file lists the owner of record as HP CSP GF1 HOUSING DEVELOPMENT FUND COMP ANY, INC. Its total assessed value is $1.5M, for the 2026 tax year.
DHCR registration lists 61 rent-stabilized units here in 2023, but that is the building and not your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.
Who owns 1491 Watson Avenue
The most recent recorded deed is dated Aug 27, 2025, transferring the lot to HP CSP GF1 HOUSING DEVELOPMENT FUND COMPANY INC. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
The November 1 report on this block
On the first of every month we email one page about tax block 3738 in Bronx, the block 1491 Watson Avenue is on. It lists what was filed there that month, then where the block stands. As of today, that part reads:
- 1 building changed hands in the last twelve months.
- 4 marshal evictions executed here in the last twelve months.
- The block holds 33 parcels and 451 residential units.
Anything filed on 1491 Watson Avenue itself comes the next morning.
Sales and ownership history at 1491 Watson Avenue
| Party recorded | Recorded | Amount |
|---|---|---|
| HP CSP Gf1 Housing Development Fund Company INCDEED from 1491-1493 WATSON AVE LLC | Aug 27, 2025 |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.
Taxes and assessed value for 1491 Watson Avenue
The city's Department of Finance assessed this lot at $1.5M for the 2026 tax year. That works out to $24K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
The 2020 sale of 1491 Watson Avenue
HPD tracks sales of rent-regulated buildings under Local Law 7 of 2018, and it recorded this one on February 6, 2020, for $7.1 million. It puts the capitalization rate on this sale at 4.8%, against a median of 4.1% for Bronx sales in the same quarter. The building is not on HPD's Speculation Watch List.
Source: HPD's Local Law 7 sales list and its Speculation Watch List, via NYC Open Data, last pulled on October 4, 2026.
2 marshal evictions at 1491 Watson Avenue
City marshals executed 2 evictions at 1491 Watson Avenue in the record PulseCities holds, the most recent on Feb 13, 2026. The first fell on Feb 13, 2026, so the filings span 0 days. That is about typical for buildings its size in 10472. Holding the marshal docket number or the court index number from one of these? Look up that case →
Marshal evictions at 1491 Watson Avenue
| Type | Executed | |
|---|---|---|
| Residentialdocket 154202 | Feb 13, 2026 | |
| Residentialdocket 144467 | Feb 13, 2026 |
Marshal-executed residential evictions from the NYC evictions dataset, past 12 months. Source: NYC marshal eviction records, current through October 9, 2026.
Rent stabilization at 1491 Watson Avenue
DHCR registration records list 61 rent-stabilized units at this building in 2023, the most recent year PulseCities holds. That is up from 60 units in 2018. Registration is building-level and does not settle the status of any single apartment; the rent history does. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →
Affordable housing at 1491 Watson Avenue
HPD counts 61 homes here as affordable under the city's housing plans. 12 are priced for households earning 31 to 50% of the area median income, 44 for 51 to 80% and 4 for 81 to 120%. 1 more is set aside for the superintendent. The most recent agreement was a preservation deal that closed in August 2025. HPD marked the work complete in August 2025. HPD's count starts in 2014, so an agreement from before then would not show up here.
Source: HPD's Affordable Housing Production by Building list, via NYC Open Data, last pulled on October 4, 2026.
Open code violations at 1491 Watson Avenue
HPD and DOB inspectors have written 108 violations against this building, of which 34 remain unresolved. That is about typical for buildings its size in 10472. The most serious open grade here is immediately hazardous, with 9 open violations.
If you own or manage this building, violationscout.com shows what it takes to clear these, from the date each one has to be certified by to how a correction gets filed. It is a paid site, built by the same person as this one.
Classes run A (non-hazardous) to C (immediately hazardous); DOB class I carries a vacate order. Source: NYC HPD violations, current through October 10, 2026.
Violation history at 1491 Watson Avenue
| Violation | Issued | Class |
|---|---|---|
| Properly repair or replace the broken or defective electrical outlet at west wall in the bathroomNov Sent Out | Sep 12, 2026 | B |
| Repair the broken or defective plastered surfaces and paint in a uniform color at all walls and ceiling (inclu…Nov Sent Out | Sep 12, 2026 | B |
| Properly repair the source and abate the evidence of a water leak ceiling and behind inside closet south wall…Nov Sent Out | Sep 12, 2026 | B |
| Repair the flushing apparatus and maintain same so as to flush effectively the water closet .. in the bathroomNov Sent Out | Sep 12, 2026 | B |
| Repair the broken or defective connection wastine at sink in the kitchenNov Sent Out | Sep 12, 2026 | B |
| Repair the broken or defective plastered surfaces and paint in a uniform color at ceiling in the bathroomViolation Closed | Jun 13, 2026 | B |
| Abate the infestation consisting of roaches in the entire apartmentNotice Of Issuance Sent To Tenant | May 28, 2026 | C |
| Abate the infestation consisting of mice in the entire apartmentNotice Of Issuance Sent To Tenant | May 28, 2026 | C |
The 8 most recent violations written against this building, newest first, 7 of them still open. Each row is the inspector's own wording with the statute citation removed. Source: NYC HPD violations, current through October 10, 2026.
311 complaint history at 1491 Watson Avenue
50 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through October 10, 2026.
How 1491 Watson Avenue compares in 10472
PulseCities tracks 4,342 lots in 10472, of which 213 carry an executed eviction from the marshal record, which starts in April 2024, and 301 carry a deed from the shorter ACRIS window. This building is in that second group, which is 4.9% of the ZIP. 10472 scores 47.6 out of 100 for displacement pressure, 21 of 177 scored NYC ZIP codes. The full signal breakdown for Soundview →
What else this owner holds
HP CSP Gf1 Housing Development Fund Company INC took title to 8 other buildings in the deed record. A shared buyer on a deed is a fact about the filing, not proof that one operation runs them all:
- 1314 Riverside DriveWashington Heights, 10033
- 1392 St Nicholas AvenueWashington Heights, 10033
- 1401 St Nicholas AvenueWashington Heights, 10033
- 2372 Amsterdam AvenueWashington Heights, 10033
- 561 West 179 StreetWashington Heights, 10033
- 517 West 212 StreetInwood, 10034
- 20 Sherman AvenueInwood, 10040
- 30 Sickles StreetInwood, 10040
Every deed recorded for HP CSP Gf1 Housing Development Fund Company INC →
Questions about 1491 Watson Avenue
Who owns 1491 Watson Avenue?
The most recent deed on file for 1491 Watson Avenue names HP CSP GF1 HOUSING DEVELOPMENT FUND COMPANY INC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Aug 27, 2025.
Has 1491 Watson Avenue changed hands recently?
PulseCities holds 1 recorded deed for this lot. Deeds appear here once the city publishes them to ACRIS, which runs behind the closing date.
Have there been evictions at 1491 Watson Avenue?
Yes. Two marshal-executed evictions at 1491 Watson Avenue appear in the NYC evictions dataset, the most recent on Feb 13, 2026. The dataset covers executed evictions only, so it undercounts housing court activity: cases that settle or end in a move-out never reach a marshal.
Is 1491 Watson Avenue rent stabilized?
DHCR registrations list 61 stabilized units at this building in 2023. Registration is building-level, so it does not settle whether one apartment is stabilized. The free rent history from NYS Homes and Community Renewal does.
What is 1491 Watson Avenue assessed at for property taxes?
The Department of Finance assessed the lot at $1.5M for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 1491 Watson Avenue?
10472 (Soundview) scores 47.6 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Look up another building
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.