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NYC Building Records · BBL 2029810035

1487 HOE AVENUE

Bronx · Block 2981 · Lot 35 · Two-family frame (Class B2)

1487 HOE AVENUE is a Class B2 (two-family frame) building in Bronx (BBL 2029810035) built in 1901, with 2 residential units across 2 floors.

The building is in NYC community district 203, council district 17, zoning district R7-1, on a 2,500-square-foot lot with a building footprint of 2,400 square feet.

The current registered owner of record per NYC PLUTO is WELEVATE, LLC.

The most recent ACRIS deed transfer for this BBL was recorded on August 19, 2022 when REED, VERNELL conveyed the property to WELEVATE, LLC for a non-disclosed consideration. The transaction was financed with a $455K mortgage from Stormfield Spv I, Llc.

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 17, 2026.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

WELEVATE, LLC
HPD-registered head officer: KIMA REED

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerKIMA REED
  • Corporate OwnerWELEVATE, LLC
  • Managing AgentWELEVATE LLC

Most recent deed

Last transferred on Aug 19, 2022 to WELEVATE, LLC.
Previous owner: REED, VERNELL
Mortgage: $455K recorded Aug 19, 2022 with Stormfield Spv I, Llc.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Dec 29, 2023MTGE$50KParties redacted — full names in MetroDeeds Scout+
Dec 29, 2023AGMT$505KParties redacted — full names in MetroDeeds Scout+
Aug 19, 2022DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Aug 19, 2022MTGE$455KParties redacted — full names in MetroDeeds Scout+
Jun 13, 2016MTGE$7KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1901
Class
B2
Borough
Bronx
Zoning:
R7-1
Lot size:
2,500 sqft
Building area:
2,400 sqft
Floors:
2
Assessed value:
$35K
Community district:
203
Council district:
17

HPD violations

0 open
Most severe class on record: Class A
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class IInspected Nov 17, 2025
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Jun 5, 2025
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 25, 2024
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Nov 16, 2023
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Mar 17, 2023
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Dec 29, 2023).

Frequently asked questions about 1487 HOE AVENUE

Who owns 1487 HOE AVENUE?

The current registered owner of record for 1487 HOE AVENUE per NYC PLUTO is WELEVATE, LLC. The most recent ACRIS deed transfer for this BBL was recorded on August 19, 2022 when the property was conveyed to WELEVATE, LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 1487 HOE AVENUE last sold?

The most recent ACRIS deed transfer for 1487 HOE AVENUE was recorded on August 19, 2022, when REED, VERNELL conveyed the property to WELEVATE, LLC for a non-disclosed consideration. The transaction was financed with a $455K mortgage from Stormfield Spv I, Llc.

How many HPD violations does 1487 HOE AVENUE have?

No open HPD housing-maintenance code violations are on record for 1487 HOE AVENUE as of May 17, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 1487 HOE AVENUE?

NYC Department of Finance assesses 1487 HOE AVENUE at $35K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 1487 HOE AVENUE and what does that mean?

1487 HOE AVENUE is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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