254 recorded events, 1967–2026, from 15 city data systems. The city's paper trail here is mostly 58 DOB violations, 53 311 service requests, 35 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 0.9. In ZIP 10013, 70% of residential buildings hold an A and 5% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
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.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
15 service requests in the last three years. Most common: Noise (8) · Street Condition (3) · Air Quality (2) · Illegal Parking (1) · Lead (1).
$852,680 in permitted construction work filed since 2016 (6 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 (1862) |
| Yes | Six or more residential units (11) |
| 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) | 81 Franklin Street Owner LLC |
| Head officer | DANIEL HOCHBERG |
| Managing agent | MGT PROPERTY MANAGEMENT |
| Last registered | 2025-11-01 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $9,269,000 | $4,171,050 |
| 2026 | $9,598,000 | $4,319,100 |
| 2027 | $10,203,000 | $4,591,350 |
The city's market estimate has risen 10% between tax years 2025 and 2027.
| Heating fuel | NO2FUEL |
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 | Franklin St — 1 · 700 ft straight-line (about a 3-minute walk) · station accessibility: none Canal St — A C E · 750 ft straight-line (about a 4-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Broadway / Franklin St — M55 · 350 ft |
| Citi Bike | Leonard St & Church St · 250 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.
81 Franklin 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 |
15 311 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 MGT PROPERTY MANAGEMENT — 23 buildings, 918 units. Grades across the portfolio: A15 · B4 · C3 · D1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| Johnson Avenue | BK | 162 | A |
| Johnson Avenue | BK | 116 | B |
| 325 Lafayette Avenue | BK | 116 | B |
| 125 East 54 Street | MN | 64 | A |
| 66 Ainslie Street | BK | 50 | A |
| 237 8 Avenue | MN | 44 | A |
| 209 8 Avenue | MN | 35 | A |
| 236 West 10 Street | MN | 33 | B |
| 632 East 11 Street | MN | 33 | A |
| 47 3 Avenue | MN | 28 | A |
| 246 East 7 Street | MN | 24 | A |
| 146-17 Hillside Avenue | QN | 23 | D |
| 205 East 33 Street | MN | 20 | A |
| 203 East 33 Street | MN | 20 | A |
| 459 15 Street | BK | 20 | C |
| 153 Ludlow Street | MN | 20 | A |
| 83 Bushwick Place | BK | 20 | A |
| 564 West 126 Street | MN | 20 | C |
| 560 West 126 Street | MN | 18 | C |
| 556 West 126 Street | MN | 18 | B |
| 244 East 46 Street | MN | 15 | A |
| 81 Franklin Street | MN | 11 | A |
| Boerum Street | BK | 8 | A |
Most recent mortgage recorded against this lot: $22,000,000 on 2025-10-06 (lender: White Oak Real Estate Capital Management Services,). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-10-06 | Agreement $28,100,000 — from 81 FRANKLIN STREET OWNER LLC to WHITE OAK REAL ESTATE CAPITAL MANAGEMENT | $28,100,000 | |
| 2025-10-06 | Mortgage $22,000,000 — from 81 FRANKLIN STREET OWNER LLC to WHITE OAK REAL ESTATE CAPITAL MANAGEMENT | $22,000,000 | |
| 2025-10-06 | Deed $30,000,000 — from 355 E 173RD STREET OWNER LLC; F81H II, LLC; FRANKLIN 81 HOLDINGS, LLC; NOUR PARTNERS LLC to 81 FRANKLIN STREET OWNER LLC | $30,000,000 | |
| 2025-10-06 | AL&R $28,100,000 — from 81 FRANKLIN STREET OWNER LLC to WHITE OAK REAL ESTATE CAPITAL MANAGEMENT | $28,100,000 | |
| 2025-09-26 | Sold for $30,000,000 | $30,000,000 | $2,727,273 |
| 2024-02-09 | AL&R $6,100,000 — from FRANKLIN 81 HOLDINGS, LLC to SAFRA NATIONAL BANK OF NEW YORK | $6,100,000 | |
| 2024-02-09 | Agreement $6,100,000 — from FRANKLIN 81 HOLDINGS, LLC to SAFRA NATIONAL BANK OF NEW YORK | $6,100,000 | |
| 2024-02-09 | Mortgage $168,922 — from FRANKLIN 81 HOLDINGS, LLC to SAFRA NATIONAL BANK OF NEW YORK | $168,922 | |
| 2012-02-21 | Mortgage $8,000,000 — from FRANKLIN 81 HOLDINGS, LLC to NLI COMMERCIAL MORTGAGE FUND, LLC | $8,000,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 6 | 2 | 1 | 0 | 1 | 10 |
| 2018 | 2 | 1 | 4 | 0 | 1 | 8 |
| 2019 | 0 | 2 | 3 | 1 | 1 | 7 |
| 2020 | 0 | 2 | 0 | 0 | 0 | 2 |
| 2021 | 0 | 2 | 6 | 0 | 0 | 8 |
| 2022 | 0 | 0 | 4 | 0 | 0 | 4 |
| 2023 | 0 | 0 | 9 | 0 | 0 | 9 |
| 2024 | 0 | 0 | 10 | 4 | 0 | 14 |
| 2025 | 0 | 6 | 6 | 8 | 0 | 20 |
| 2026 | 2 | 0 | 2 | 0 | 0 | 4 |
Every one of the 254 recorded events, 1967–2026, is laid out year by year in the full report (print-ready).
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