Building Biography

The MapLandlordsNeighborhoodsZIP CodesGradesThe Mice MapAboutWhat's new

265 Water Street

276Records
16City systems
0Open violations
32.9Penalty rate

276 recorded events, 1966–2026, from 16 city data systems. The city's paper trail here is mostly 51 ACRIS deeds & mortgages, 45 DOB permits, 32 311 service requests.

BoroughManhattan 10038
Built1872
Floors8
Res. units7
ClassC7
Owner (PLUTO)265 267 WATER ST CORP
BBL1001070044
BIN1001382

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 65% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 32.9. In ZIP 10038, 65% of residential buildings hold an A and 7% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

Patterns

No heat or hot-water complaints in the last three years.

No bedbug-infested units reported in the last three years of filings.

$12,225 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

5 service requests in the last three years. Most common: Noise (3) · Illegal Dumping (1) · Street Light Condition (1).

Filed construction activity

$753,225 in permitted construction work filed since 2016 (18 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1872)
YesSix or more residential units (7)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)265-267 WATER STREET CORP
Head officerMAORO ROSSI
Managing agentSYNOPTIC MANAGEMENT CORP
Last registered2025-09-15

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$7,282,000 $3,276,900
2026$8,085,000 $3,638,250
2027$8,524,000 $3,835,800

The city's market estimate has risen 17% between tax years 2025 and 2027.

Building systems

Facade (Local Law 11)SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)

Flood exposure

In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.

Hurricane evacuation zone 1 of 6 — zone 1 evacuates first.

In the city's stormwater flood map only under the extreme-storm scenario (3.66 in/hr cloudburst with 2080 sea levels) — an Ida-scale event.

5 street-flooding or sewer-backup complaints at this address since 2010 (1 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayFulton St — 2 3 4 5 A C J Z · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full
Brooklyn Bridge-City Hall — 4 5 6 J Z · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
BusNearest boarding stop: Pearl St / Peck Slip — M15 · 300 ft
Citi BikePeck Slip & South St · 350 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: The Peck Slip School
Middle: J.H.S. 104 Simon Baruch. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

265 Water Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

5 311 service requests from this address in the last three years.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by SYNOPTIC MANAGEMENT CORP — 91 buildings, 1,632 units. Grades across the portfolio: A71 · B14 · C3 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
230 West End Avenue MN114 B
321 East 45 Street MN112 A
840A 9 Avenue MN102 B
244 Riverside Drive MN63 A
255 West End Avenue MN58 A
510 West 123 Street MN48 A
30 West 90 Street MN46 A
49 Pinehurst Avenue MN44 A
699 2 Avenue MN40 A
210 West 78 Street MN38 A
320 West 89 Street MN36 A
149 West 93 Street MN31 A
145 East 29 Street MN30 A
511 West 122 Street MN30 A
340 West 87 Street MN29 A
210 West 21 Street MN28 A
413 West 57 Street MN28 A
599 West End Avenue MN28 A
161 East 90 Street MN27 A
531 East 88 Street MN25 A
343 East 50 Street MN23 A
317 East 111 Street MN21 A
46 West 65 Street MN20 A
153 West 80 Street MN20 A
66 Rivington Street MN20 A
79 Barrow Street MN19 A
414 East 88 Street MN19 A
227 West 116 Street MN16 A
257 West 93 Street MN15 A
165 Spring Street MN14 A
481 Washington Street MN13 A
203 West 112 Street MN13 A
12 Warren Street MN13 B
111 West 113 Street MN12 A
46 West 96 Street MN12 A
151 Charles Street MN12 A
146 West 22 Street MN12 A
2 East 75 Street MN12 A
108 Duane Street MN11 A
468 West 23 Street MN11 A
145 West 80 Street MN10 A
74 Laight Street MN10 A
114 West 81 Street MN10 A
1 Gramercy Park West MN10 A
335 East 90 Street MN10 A
172 East 90 Street MN10 A
170 East 90 Street MN10 A
36 West 87 Street MN10 A
168 East 90 Street MN10 A
322 West 23 Street MN10 A
36 West 96 Street MN10 A
8 West 65 Street MN10 B
62 West 89 Street MN9 A
182 Grand Street MN9 A
261 West 71 Street MN9 A
56 Crosby Street MN9 A
228 West 21 Street MN9 A
36 West 69 Street MN9 A
324 West 88 Street MN9 A
624 West End Avenue MN9 B

showing 60 of 91 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $200,000 on 2018-11-23 (lender: National Consumer Cooperative Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-12-30RPTT&RET $1,100,000 — from CARL ANTHONY PRYOR, AS TRUSTEE; JULIE M. JONES REVOCABLE TRUST to MULDOON, PAUL; KORELITZ, JEAN HANFF $1,100,000
2022-12-23Sold for $1,100,000 $1,100,000 $157,143
2021-10-18RPTT&RET $1,100,000 — from HAMMERSTEIN, SIMON to ANDRADE, PETER $1,100,000
2021-09-29Sold for $1,100,000 $1,100,000 $157,143
2018-11-23AL&R $200,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $200,000
2018-11-23AL&R $1,500,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $1,500,000
2018-11-23Mortgage $1,500,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $1,500,000
2018-11-23Mortgage $200,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $200,000
2016-07-27RPTT&RET $15,464 — from 265-267 WATER STREET CORPORATION to AUCHINCLOSS, SARAH S $15,464
2015-03-12AL&R $600,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $600,000
2015-03-12Mortgage $600,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $600,000
2014-05-06RPTT&RET $1,800,000 — from NACHTWEY, JAMES to ROSSI, MAURO; ROSSI, NICOLE $1,800,000
2014-04-08RPTT&RET $800,000 — from SLAT ASSOCIATES, INC. to 265 WATER STREET GF LLC $800,000
2012-08-10RPTT&RET $1,595,000 — from BROOM, GREGORY K to MESA 430 TRUST $1,595,000
2008-10-27Mortgage $500,000 — from 265-267 WATER STREET CORPORATION to NATIONAL CONSUMER COOPERATIVE BANK $500,000

Ten-year activity

50250
2017
2018
29
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20170530412
201803212219
201912722629
2020311117
20218142015
20223152112
20232162112
20246540015
20256810015
20267040011
This record is free. Keeping it free costs money.
Servers, data pipelines, weekends. Pay what you want — a dollar helps.
Chip in

The full timeline

Construction 80Enforcement 71Housing & tenants 46Ownership & money 55Health & systems 24

Every one of the 276 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10038 · Landlord rankings · How grades work · The map · The Mice Map