821 recorded events, 1991–2026, from 18 city data systems. The city's paper trail here is mostly 415 ACRIS deeds & mortgages, 102 DOB permits, 61 DOB job filings.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 88% 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 1. In ZIP 10007, 65% of residential buildings hold an A and 6% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 1 total — 1 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 2002-09-18. |
status snapshot refreshed weekly from HPD records
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
9 service requests in the last three years. Most common: Illegal Parking (3) · Encampment (1) · Graffiti (1) · Day Care (1) · Missed Collection (1) · Lost Property (1).
$7,008,942 in permitted construction work filed since 2016 (31 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 (1857) |
| Yes | Six or more residential units (10) |
| No | 421-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 owner(s) | 72 READE STREET CONDOMINIUM |
| Head officer | DIVYA RASHAD |
| Managing agent | THE ANDREWS ORGANIZATION |
| Last registered | 2025-09-13 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,016,927 | $457,617 |
| 2026 | $1,174,859 | $528,687 |
| 2027 | $745,314 | $335,392 |
The city's market estimate has fallen 27% between tax years 2025 and 2027.
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $316,302 a year ($42.90 per sq ft), operating expenses $74,762 ($10.14 per sq ft), net operating income $241,539. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Facade (Local Law 11) | SAFE (cycle 9) |
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.
No street-flooding or sewer-backup complaints on record at this address.
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Chambers St — 2 3 A C E R W · 300 ft straight-line (about a 2-minute walk) · station accessibility: partial Chambers St — 1 2 3 · 650 ft straight-line (about a 3-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Broadway / Duane St — M55 SIM4C SIM32 SIM34 · 350 ft |
| Citi Bike | Reade St & Broadway · 450 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: Spruce Street 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.
70 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 |
| Anything else | Anything else |
9 311 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.
Managed by THE ANDREWS ORGANIZATION — 235 buildings, 3,789 units. Grades across the portfolio: A194 · B31 · C6 · D2. See the whole portfolio
showing 60 of 235 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2022-04-29 | Deed $5,750,000 — from ML7 TRIBECA, LLC; BUTLER TRIBECA, LLC to MICHAEL VADEN, AS TRUSTEE; SWEET HOME TRUST | $5,750,000 | |
| 2022-04-08 | Sold for $5,750,000 | $5,750,000 | $575,000 |
| 2021-03-04 | AL&R $8,200,000 — from BUTLER TRIBECA, LLC; ML7 READE, LLC; ML7 TRIBECA, LLC; BUTLER READE, LLC to BCB COMMUNITY BANK | $8,200,000 | |
| 2021-03-04 | Mortgage $500,000 — from BUTLER TRIBECA, LLC; BUTLER READE, LLC; ML7 TRIBECA, LLC; ML7 READE, LLC to BCB COMMUNITY BANK | $500,000 | |
| 2021-03-04 | AL&R $8,200,000 — from BUTLER TRIBECA, LLC; ML7 READE, LLC; ML7 TRIBECA, LLC; BUTLER READE, LLC to BCB COMMUNITY BANK | $8,200,000 | |
| 2021-03-04 | Mortgage $500,000 — from BUTLER TRIBECA, LLC; BUTLER READE, LLC; ML7 TRIBECA, LLC; ML7 READE, LLC to BCB COMMUNITY BANK | $500,000 | |
| 2021-03-04 | Agreement $8,200,000 — from BUTLER TRIBECA, LLC; ML7 READE, LLC; BUTLER READE, LLC; ML7 TRIBECA, LLC to BCB COMMUNITY BANK | $8,200,000 | |
| 2021-03-04 | Agreement $8,200,000 — from BUTLER TRIBECA, LLC; ML7 READE, LLC; BUTLER READE, LLC; ML7 TRIBECA, LLC to BCB COMMUNITY BANK | $8,200,000 | |
| 2020-09-11 | Mortgage $4,300,000 — from BUTLER TRIBECA, LLC; ML7 TRIBECA, LLC to G4 18194, LLC | $4,300,000 | |
| 2020-09-11 | Agreement $12,000,000 — from ML7 TRIBECA, LLC; ML7 READE, LLC; BUTLER READE, LLC; BUTLER TRIBECA, LLC to G4 18194, LLC | $12,000,000 | |
| 2020-09-11 | Agreement $12,000,000 — from ML7 TRIBECA, LLC; ML7 READE, LLC; BUTLER READE, LLC; BUTLER TRIBECA, LLC to G4 18194, LLC | $12,000,000 | |
| 2020-09-11 | Agreement $12,000,000 — from ML7 TRIBECA, LLC; ML7 READE, LLC; BUTLER READE, LLC; BUTLER TRIBECA, LLC to G4 18194, LLC | $12,000,000 | |
| 2020-09-11 | Agreement $4,300,000 — from ML7 TRIBECA, LLC; BUTLER TRIBECA, LLC to FIRST REPUBLIC BANK | $4,300,000 | |
| 2020-03-03 | Deed $5,525,000 — from BUTLER TRIBECA, LLC; ML7 TRIBECA, LLC to RAMAN, AKILA; RAMAN-VASEGHI, AKILA; VASEGHI, ALIREZA | $5,525,000 | |
| 2020-03-03 | Mortgage $4,400,000 — from RAMAN-VASEGHI, AKILA; VASEGHI, ALIREZA; RAMAN, AKILA to MERS | $4,400,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 16 | 0 | 1 | 0 | 2 | 19 |
| 2018 | 18 | 12 | 5 | 7 | 4 | 46 |
| 2019 | 18 | 7 | 4 | 41 | 3 | 73 |
| 2020 | 11 | 4 | 5 | 13 | 4 | 37 |
| 2021 | 3 | 3 | 6 | 13 | 1 | 26 |
| 2022 | 3 | 2 | 2 | 11 | 1 | 19 |
| 2023 | 13 | 1 | 6 | 0 | 1 | 21 |
| 2024 | 6 | 19 | 6 | 1 | 0 | 32 |
| 2025 | 4 | 6 | 6 | 2 | 0 | 18 |
| 2026 | 2 | 0 | 0 | 0 | 0 | 2 |
Every one of the 821 recorded events, 1991–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10007 · Landlord rankings · How grades work · The map · The Mice Map