590 recorded events, 1990–2026, from 14 city data systems. The city's paper trail here is mostly 299 ACRIS deeds & mortgages, 140 311 service requests, 31 DOB job filings.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 70% 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 43.5. 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
| Open HPD violations | 5 total — 0 class C (immediately hazardous), 4 class B, 1 class A. Oldest open since 2021-10-26. |
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.
14 service requests in the last three years. Most common: Homeless Person Assistance (7) · New Tree Request (1) · UNSANITARY CONDITION (1) · WATER LEAK (1) · Noise (1) · Illegal Parking (1).
$873,500 in permitted construction work filed since 2016 (12 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 (1868) |
| 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) | THE LISPENARD CONDOMINIUM |
| Head officer | Andrew Lubeck |
| Managing agent | MERCHANTS PROPERTIES, INC. |
| Last registered | 2025-08-29 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $517,965 | $233,084 |
| 2026 | $550,649 | $247,792 |
| 2027 | $573,087 | $257,889 |
The city's market estimate has risen 11% 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 $1,419,101 a year ($50.06 per sq ft), operating expenses $569,511 ($20.09 per sq ft), net operating income $849,590. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 3 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 | Canal St — 6 J N Q R W Z · 300 ft straight-line (about a 1-minute walk) · station accessibility: partial Canal St — A C E · 450 ft straight-line (about a 2-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Broadway / Walker St — M55 · 350 ft |
| Citi Bike | Lispenard St & Broadway · 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.
46 Lispenard 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 |
14 311 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 MERCHANTS PROPERTIES, INC. — 11 buildings, 128 units. Grades across the portfolio: A8 · B1 · C2. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 20 Clinton Street | MN | 38 | A |
| 960 Amsterdam Avenue | MN | 20 | C |
| 213 West 23 Street | MN | 12 | A |
| 46 Lispenard Street | MN | 11 | B |
| 216 Calyer Street | BK | 10 | A |
| 372 Broome Street | MN | 9 | A |
| 19 West 8 Street | MN | 8 | A |
| 122 East 25 Street | MN | 6 | A |
| 88 Franklin Street | MN | 5 | A |
| 182 Lafayette Street | MN | 5 | A |
| 32 Clinton Street | MN | 4 | C |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-09-02 | Mortgage $2,000,000 — from BROWN, CHESTER WILLIAM; GARAY, JULIETTE SARAH to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; UBS BANK USA, N.A., | $2,000,000 | |
| 2026-04-02 | Deed $3,350,000 — from A10 BAF 2019-B REO-LISPENARD, LLC to MLV LISPENARD LLC | $3,350,000 | |
| 2026-03-26 | Sold for $3,350,000 | $3,350,000 | $304,545 |
| 2026-02-12 | Deed $3,675,000 — from ROSE, EDWARD to GARAY, JULIETTE; BROWN, CHESTER | $3,675,000 | |
| 2026-01-15 | Sold for $3,675,000 | $3,675,000 | $334,091 |
| 2026-01-08 | Deed $3,600,000 — from LISPENARD 4E LLC to CLARKE, STEPHEN C; DUTT, PUJA | $3,600,000 | |
| 2026-01-08 | Mortgage $2,880,000 — from CLARKE, STEPHEN C; DUTT, PUJA to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS | $2,880,000 | |
| 2025-12-31 | Sold for $3,600,000 | $3,600,000 | $327,273 |
| 2025-12-31 | Sold for $3,600,000 | $3,600,000 | $327,273 |
| 2025-11-24 | Deed $3,550,000 — from A10 BAF 2019-B REO-LISPENARD, LLC to AXON LLC | $3,550,000 | |
| 2025-11-05 | Sold for $3,550,000 | $3,550,000 | $322,727 |
| 2025-11-05 | Sold for $3,550,000 | $3,550,000 | $322,727 |
| 2025-10-21 | Mortgage $2,640,000 — from MILSTEIN, BENJAMIN to JPMORGAN CHASE BANK, N.A. | $2,640,000 | |
| 2025-10-21 | Deed $3,300,000 — from A 10 BAF 2019-B REO LISPENARD, LLC to MILSTEIN, BENJAMIN | $3,300,000 | |
| 2025-10-10 | Sold for $3,300,000 | $3,300,000 | $300,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 1 | 7 | 10 | 1 | 19 |
| 2018 | 6 | 1 | 1 | 19 | 1 | 28 |
| 2019 | 3 | 1 | 6 | 84 | 1 | 95 |
| 2020 | 0 | 0 | 68 | 5 | 0 | 73 |
| 2021 | 0 | 1 | 29 | 0 | 0 | 30 |
| 2022 | 1 | 0 | 11 | 0 | 0 | 12 |
| 2023 | 6 | 7 | 8 | 19 | 0 | 40 |
| 2024 | 2 | 1 | 28 | 10 | 0 | 41 |
| 2025 | 7 | 0 | 2 | 32 | 0 | 41 |
| 2026 | 2 | 0 | 9 | 23 | 0 | 34 |
Every one of the 590 recorded events, 1990–2026, is laid out year by year in the full report (print-ready).
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