451 recorded events, 1966–2026, from 15 city data systems. The city's paper trail here is mostly 129 311 service requests, 61 rodent inspections, 56 ECB/OATH violations.
Full record, year by year Support this site
A sustained record of distress well beyond its peers. More recorded distress than 99% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 248.5. In ZIP 10013, 70% of residential buildings hold an A and 5% grade D or F. How grades work
Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 2 total — 1 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2007-06-01. |
status snapshot refreshed weekly from HPD records
6 heat or hot-water complaints in the last three years (winter 2024–25: 6).
No bedbug-infested units reported in the last three years of filings.
$25,655 in enforcement penalties imposed (ECB/OATH) in the last three years.
24 service requests in the last three years. Most common: Noise (5) · Missed Collection (2) · Obstruction (2) · Illegal Dumping (2) · Special Projects Inspection Team (SPIT) (2) · Elevator (2).
$485,950 in permitted construction work filed since 2016 (8 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.
| Yes | Built before 1974 (1886) |
| No | Six or more residential units (4) |
| No | 421-a / J-51 tax benefit on the current tax roll |
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 111 READE PROPERTY OWNER LLC |
| Head officer | DAVID GLEITMAN |
| Managing agent | TARGO MANAGEMENT LLC |
| Last registered | 2025-06-03 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $5,600,400 | $2,520,180 |
| 2026 | $5,376,000 | $2,419,200 |
| 2027 | $4,301,000 | $1,935,450 |
The city's market estimate has fallen 23% between tax years 2025 and 2027.
| Restaurant | Cuisine | Grade | Notes |
|---|---|---|---|
| Little More | American | A | — |
Report to 311: Food poisoning · Food safety complaint
1 restaurant · 0 with mice evidence · See them on the Mice Map
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
1 street-flooding or sewer-backup complaints at this address since 2012 (0 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.
| Subway | Chambers St — 1 2 3 · 100 ft straight-line (about a 1-minute walk) · station accessibility: full Chambers St — 2 3 A C E R W · 300 ft straight-line (about a 1-minute walk) · station accessibility: partial |
| Bus | Nearest boarding stop: Chambers St / West Broadway — M22 · 200 ft |
| Citi Bike | Hudson St & Reade St · 200 ft · station location as of 2026-09-23; live availability |
| Bike facility | Painted bike lane mapped within 75 ft |
| School zones (2024–25 map) | Elementary: P.S. 234 Independence School Middle: M.S. 297. 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.
111 Reade Street
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Food poisoning | Food poisoning |
| Food safety complaint | Food safety complaint |
| Anything else | Anything else |
24 311 service requests from this address in the last three years — 2 of them about heat or hot water.
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.
Managed by TARGO MANAGEMENT — 22 buildings, 259 units. Grades across the portfolio: A6 · B10 · C2 · D3 · F1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 185 East Houston Street | MN | 31 | A |
| 640 Broadway | MN | 21 | B |
| 5 Spring Street | MN | 21 | C |
| 227 West 20 Street | MN | 20 | B |
| 96 Orchard Street | MN | 18 | A |
| 156 Orchard Street | MN | 16 | B |
| 661 Washington Street | MN | 15 | A |
| 126 1 Avenue | MN | 11 | A |
| 326 East 4 Street | MN | 10 | B |
| 519 East 6 Street | MN | 10 | B |
| 225 West 20 Street | MN | 10 | B |
| 328 East 4 Street | MN | 10 | B |
| 321 West 16 Street | MN | 10 | B |
| 184 Stanton Street | MN | 9 | C |
| 182 Stanton Street | MN | 8 | A |
| 186 Bleecker Street | MN | 8 | B |
| 153 Avenue C | MN | 8 | B |
| 201 2 Avenue | MN | 8 | A |
| 110 Reade Street | MN | 5 | D |
| 38 Carmine Street | MN | 5 | D |
| 111 Reade Street | MN | 4 | F |
| 41 8 Avenue | MN | 1 | D |
Most recent mortgage recorded against this lot: $1,805,795 on 2025-05-28 (lender: Emerald Creek Capital 3 LLC). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-05-28 | AL&R $1,805,795 — from 111 READE PROPERTY OWNER LLC to EMERALD CREEK CAPITAL 3 LLC | $1,805,795 | |
| 2025-05-28 | Mortgage $1,805,795 — from 111 READE PROPERTY OWNER LLC to EMERALD CREEK CAPITAL 3 LLC | $1,805,795 | |
| 2025-05-13 | AL&R $6,245,205 — from 111 READE PROPERTY OWNER LLC to EMERALD CREEK CAPITAL 3 LLC | $6,245,205 | |
| 2025-05-13 | Agreement $6,245,205 — from 111 READE PROPERTY OWNER LLC to EMERALD CREEK CAPITAL 3 LLC | $6,245,205 | |
| 2025-05-12 | Deed $9,700,000 — from RALPHSONS-READE LLC to 111 READE PROPERTY OWNER LLC | $9,700,000 | |
| 2025-05-07 | Sold for $9,700,000 | $9,700,000 | $2,425,000 |
| 2018-07-12 | Agreement $7,155,000 — from RALPHSONS-READE LLC to NEW YORK COMMUNITY BANK | $7,155,000 | |
| 2018-07-12 | Mortgage $1,649,389 — from RALPHSONS-READE LLC to NEW YORK COMMUNITY BANK | $1,649,389 | |
| 2017-05-25 | AL&R $1,200,000 — from RALPHSONS-READE LLC to TITAN CAPITAL ID, LLC | $1,200,000 | |
| 2017-05-25 | Mortgage $1,200,000 — from RALPHSONS-READE LLC to TITAN CAPITAL ID, LLC | $1,200,000 | |
| 2016-10-31 | Mortgage $1,000,000 — from RALPHSONS-READE LLC to RIDGEWOOD SAVINGS BANK | $1,000,000 | |
| 2016-10-31 | AL&R $1,000,000 — from RALPHSONS-READE LLC to RIDGEWOOD SAVINGS BANK | $1,000,000 | |
| 2013-01-22 | Agreement $3,750,000 — from RALPHSONS-READE LLC to RIDGEWOOD SAVINGS BANK | $3,750,000 | |
| 2013-01-22 | Mortgage $1,340,245 — from RALPHSONS-READE LLC to RIDGEWOOD SAVINGS BANK | $1,340,245 | |
| 2013-01-22 | AL&R $3,750,000 — from RALPHSONS-READE LLC to RIDGEWOOD SAVINGS BANK | $3,750,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 2 | 3 | 5 | 2 | 8 | 20 |
| 2018 | 3 | 11 | 11 | 8 | 2 | 35 |
| 2019 | 0 | 15 | 5 | 0 | 6 | 26 |
| 2020 | 0 | 0 | 10 | 1 | 1 | 12 |
| 2021 | 0 | 21 | 36 | 0 | 8 | 65 |
| 2022 | 0 | 0 | 7 | 0 | 6 | 13 |
| 2023 | 0 | 0 | 12 | 0 | 2 | 14 |
| 2024 | 3 | 14 | 16 | 0 | 5 | 38 |
| 2025 | 7 | 1 | 13 | 7 | 1 | 29 |
| 2026 | 3 | 0 | 7 | 4 | 3 | 17 |
Every one of the 451 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10013 · Landlord rankings · How grades work · The map · The Mice Map