940 Prospect Place
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Is 940 Prospect Place rent-stabilized?
Rent stabilization caps how much your rent can rise and protects your right to renew. Here's how this building scores on the four signals that usually point to it.
Based on public NYC records. Not legal advice — verify with the DHCR (Division of Housing and Community Renewal) at apps.hcr.ny.gov.
940 Prospect Place is a 4-story, 16-unit New Law Tenement building constructed in 1917, currently owned by Seth Miller. The property has experienced recurring water-related issues in 2025, with multiple service requests for slow leaks in the same period, and most recently a ceiling paint/plaster issue in May 2025 that resulted in HPD violations. The building has several open Housing Maintenance Code Violations from 2024, including issues with ceiling maintenance in public areas and a previous cockroach infestation in Apartment I on the 3rd story, though many violations from this period are marked as "Open" with no current status date. A significant concern is the building's heating system, with active ECB violations from November 2022 regarding exposed wires, improper chimney installation, and boiler room maintenance issues with a $500 penalty still due.
The property has history of structural concerns, as evidenced by multiple complaints about building shaking/vibrating in 2020 and 2021, though inspections found no violations. While there have been rat activity reports in 2023-2024 and multiple instances of rodent bait application, recent inspections in 2025 have passed. The building's intercom system has shown persistent issues in early 2025, though HPD inspections found no housing law violations upon access. Notably, the building has maintained a clean record regarding bedbug infestations, with no reported cases in the last several filing periods from 2022 through 2024.
How 940 Prospect Place's risk score is calculated
We trained a model on 7 years of city inspection data — HPD violation filings, tenant complaints, and owner track records across their entire portfolio. It estimates the probability that HPD inspectors will find serious or dangerous violations at this address in the next 12 months. Lower % = safer.
What the score means for you
Out of 3786 buildings in this neighborhood, 38 have a higher predicted risk.
violations
(1–9)
(10+)
What's driving this score
These are the three data points that most influenced this building's score — ranked by how much weight the model placed on each one.
| Total units | 16 |
|---|---|
| Floors | 4 |
| Year built | 1917 |
| Gross area | 19,500 sq ft |
| Building class | — |
| Tax abatement | None |
Violations & complaints per year — solid line is historical record, dashed line is AI projection.
940 Prospect Place's landlord & ownership
The people and companies registered to this building, the other properties they run, and their court record. A landlord's wider portfolio is often the best predictor of how your building will be treated.
Registered contact for this building.
Bronx, NY 10463
Other properties owned.
Portfolio data hidden
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