Impact Real Estate
Managing agent — unlicensed in New York State
93 buildings. 1,288 Class C violations. No state license.
PORTFOLIO GEOGRAPHY
93 buildings.
THE PATTERN
One of the highest per-building rates we've scored.
At 13.8 Class C violations per building, Impact Real Estate carries one of the heaviest hazardous-violation loads per building among the firms we've scored. The firm is the HPD managing agent of record for 93 buildings carrying 1,288 total Class C violations. It is a smaller portfolio than the citywide giants — but a small portfolio packing this many immediately hazardous conditions is its own warning.
WHAT THIS MEANS FOR BUYERS
Considering a building managed by Impact?
Impact Real Estate runs a compact, outer-borough-weighted portfolio spread almost evenly across three boroughs: 30 buildings in Brooklyn, 28 in Queens, and 29 in Manhattan, with 5 in the Bronx and 1 on Staten Island. There is no single-borough identity here — Brooklyn and Queens together account for the majority of the book. That building stock skews toward smaller co-ops and condos: post-war conversions, garden-style complexes, and mid-rise developments with aging mechanical systems, thinner reserve funds, and boards composed of owner-occupants. The management challenges are fundamentally different from a Manhattan luxury high-rise.
Impact's 13.8 per-building violation rate is high, and the raw numbers show why. Their worst building — 2913 Foster Avenue in Brooklyn — carries 169 Class C violations, an extreme outlier that alone accounts for roughly 13% of the firm's total. But it is not isolated: 1209 Nelson Avenue in the Bronx carries 112 and 3500 Snyder Avenue in Brooklyn carries 99. With 65 of the firm's 93 buildings carrying at least one Class C violation, the hazardous conditions are not confined to one problem property.
If you are looking at a co-op or condo managed by Impact, verify the specific building before you rely on the firm. Does it have adequate reserves for elevator modernization, roof replacement, or facade work? Smaller outer-borough buildings frequently face these capital expenditures with thinner financial cushions than their Manhattan equivalents. Ask for the last engineering assessment and the current status of any Local Law 11 cycle work.
Look up your specific building in our Building Reports database.
See our guide on offering plan red flags.
Use our 10 questions checklist.
THE REGULATORY VOID
No license. No exam. No oversight.
Impact Real Estate is the HPD managing agent of record for 93 buildings containing roughly 3,112 residential units — and needs no state license to do so. In Florida, a Community Association Manager must pass a state exam, carry a bond, and complete continuing education. In New York, there is no equivalent requirement.
This means there is no government body you can complain to about Impact's management. No disciplinary board. No public complaint registry. No performance standards. The 1,288 Class C violations across their portfolio — conditions HPD classifies as immediately hazardous to life and health — trigger no regulatory consequence for the managing agent. The residents of 93 buildings across five boroughs have no state agency to call when management falls short.
TOP 25 BUILDINGS
Ranked by Class C violations.
| # | Address | Borough | Class C |
|---|---|---|---|
| 1 | 2913 Foster Avenue | Brooklyn | 169 |
| 2 | 1209 Nelson Avenue | Bronx | 112 |
| 3 | 3500 Snyder Avenue | Brooklyn | 99 |
| 4 | 211 West 144 Street | Manhattan | 69 |
| 5 | 135-12 77 Avenue | Queens | 66 |
| 6 | 54-09 108 Street | Queens | 56 |
| 7 | 756 Mac Donough Street | Brooklyn | 43 |
| 8 | 5 Pinehurst Avenue | Manhattan | 42 |
| 9 | 368 Convent Avenue | Manhattan | 41 |
| 10 | 42-60 Crommelin Street | Queens | 40 |
| 11 | 16 East 132 Street | Manhattan | 39 |
| 12 | 40-38 82 Street | Queens | 38 |
| 13 | 36-40 Bowne Street | Queens | 26 |
| 14 | 2151 5 Avenue | Manhattan | 26 |
| 15 | 138-10 77 Avenue | Queens | 23 |
| 16 | 723 Mac Donough Street | Brooklyn | 21 |
| 17 | 85-11 34 Avenue | Queens | 21 |
| 18 | 71-19 162 Street | Queens | 20 |
| 19 | 310 Windsor Place | Brooklyn | 19 |
| 20 | 4068027501 | Queens | 19 |
| 21 | 801 Riverside Drive | Manhattan | 19 |
| 22 | 141-04 77 Avenue | Queens | 18 |
| 23 | 50-15 39 Street | Queens | 18 |
| 24 | 745 East 231 Street | Bronx | 17 |
| 25 | 138-06 78 Avenue | Queens | 14 |
Source: HPD Violations (NYC Open Data). Class C = immediately hazardous.
RIGHT OF REPLY