Impact Real Estate
Managing agent — unlicensed in New York State
271 buildings. 1,310 Class C violations. No state license.
PORTFOLIO GEOGRAPHY
271 buildings.
THE PATTERN
Mid-range violation rate.
At 4.8 Class C violations per building, Impact Real Estate falls near the industry average. The firm manages 271 buildings with 1,310 total Class C violations. Not the worst — but in an unregulated industry, average is not a defense.
WHAT THIS MEANS FOR BUYERS
Considering a building managed by Impact?
Impact Real Estate is the most Queens-concentrated major managing agent in our dataset: 180 of their 271 buildings — 66% — are in Queens. This geographic identity defines the firm. Queens building stock is dominated by smaller co-ops and condos converted from post-war apartment buildings, garden-style complexes, and mid-rise developments. These buildings often have aging mechanical systems, smaller reserve funds, and boards composed of owner-occupants rather than investors. The management challenges are fundamentally different from a Manhattan high-rise.
Impact's 4.8 per-building violation rate sits near the industry average, but the raw numbers tell a more complex story. Their worst building — 2913 Foster Avenue in Brooklyn — carries 169 Class C violations, an extreme outlier that accounts for nearly 13% of the firm's total. Removing that single building would drop their rate noticeably. But Brooklyn and the Bronx properties in their portfolio show consistently elevated numbers (3500 Snyder Avenue at 95, 756 Mac Donough Street at 35, 1209 Nelson Avenue at 33), suggesting that outside the Queens core, Impact's performance degrades.
If you are looking at a Queens co-op managed by Impact, the firm has deep local experience in that borough — which can be an advantage for navigating Queens-specific building types. But verify the specific building: does it have adequate reserves for elevator modernization, roof replacement, or facade work? Queens 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 manages 271 buildings containing an estimated 12,000 units worth of residential real estate — 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 1,310 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 271 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 | 3500 Snyder Avenue | Brooklyn | 95 |
| 3 | 211 West 144 Street | Manhattan | 67 |
| 4 | 54-09 108 Street | Queens | 56 |
| 5 | 368 Convent Avenue | Manhattan | 41 |
| 6 | 132-29 Blossom Avenue | Queens | 40 |
| 7 | 16 East 132 Street | Manhattan | 39 |
| 8 | 756 Mac Donough Street | Brooklyn | 35 |
| 9 | 1209 Nelson Avenue | Bronx | 33 |
| 10 | 40-38 82 Street | Queens | 33 |
| 11 | 5 Pinehurst Avenue | Manhattan | 31 |
| 12 | 77-30 Main Street | Queens | 27 |
| 13 | 36-40 Bowne Street | Queens | 26 |
| 14 | 2151 5 Avenue | Manhattan | 26 |
| 15 | 1219 Nelson Avenue | Bronx | 26 |
| 16 | 85-11 34 Avenue | Queens | 21 |
| 17 | 310 Windsor Place | Brooklyn | 19 |
| 18 | 450 West 147 Street | Manhattan | 19 |
| 19 | 50-15 39 Street | Queens | 18 |
| 20 | 1221 Nelson Avenue | Bronx | 17 |
| 21 | 141-23 78 Avenue | Queens | 17 |
| 22 | 71-19 162 Street | Queens | 16 |
| 23 | 801 Riverside Drive | Manhattan | 15 |
| 24 | 94-10 64 Road | Queens | 15 |
| 25 | 41-09 41 Street | Queens | 14 |
Source: HPD Violations (NYC Open Data). Class C = immediately hazardous.
RIGHT OF REPLY