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112 Mulberry Street

428Records
17City systems
1Open violations
51.3Penalty rate
Manhattan · ZIP 10013 · Neighborhood: SoHo-Little Italy-Hudson Square
Open in the map

428 recorded events, 1986–2026, from 17 city data systems. The city's paper trail here is mostly 122 311 service requests, 82 HPD complaints, 38 HPD housing violations.

BoroughManhattan 10013
Built1920
Floors5
Res. units16
ClassC7
Owner (PLUTO)SMART MERCHANTS INCORPORATED
BBL1002050007
BIN1002632

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 72% 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 51.3. In ZIP 10013, 70% of residential buildings hold an A and 5% 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

Open HPD violations1 total — 0 class C (immediately hazardous), 0 class B, 1 class A. Oldest open since 2026-06-21.

status snapshot refreshed weekly from HPD records

Patterns

12 heat or hot-water complaints in the last three years (winter 2023–24: 6 · winter 2025–26: 6). Repeated winter clusters suggest a chronic heating problem.

6
’23–24
6
’25–26

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

What 311 hears from this address

30 service requests in the last three years. Most common: HEAT/HOT WATER (6) · Noise (5) · DOOR/WINDOW (4) · WATER LEAK (4) · PAINT/PLASTER (4) · UNSANITARY CONDITION (2).

Filed construction activity

$190,500 in permitted construction work filed since 2016 (5 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 (1920)
YesSix or more residential units (16)
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)Elad Dror; SMART MERCHANTS INC
Head officerCHARLES KIM
Managing agentPD PROPERTIES LLC
Last registered2025-07-25

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,769,000 $1,696,050
2026$3,807,000 $1,713,150
2027$3,223,000 $1,450,350

The city's market estimate has fallen 14% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 6 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 2010 (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.

Getting around

SubwayCanal St — 6 J N Q R W Z · 650 ft straight-line (about a 3-minute walk) · station accessibility: partial
Grand St — B D · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
BusNearest boarding stop: Bowery / Canal St — M103 · 750 ft
Citi BikeWalker St & Baxter St · 400 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 130 Hernando De Soto
Middle: M.S. 131. 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

112 Mulberry 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

30 311 service requests from this address in the last three years — 6 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.

The landlord's report card

Managed by PD PROPERTIES LLC — 9 buildings, 84 units. Grades across the portfolio: A3 · B4 · C1 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
112 Mulberry Street MN16 B
110 Mulberry Street MN16 C
9 West 32 Street MN12 A
303 East 46 Street MN10 A
654 9 Avenue MN8 A
415 3 Avenue MN6 B
954 2 Avenue MN6 B
1422 2 Avenue MN6 B
41 West 35 Street MN4 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,390,747 on 2015-07-31 (lender: JPMorgan Chase Bank, N.A.), covering 2 lots — the amount covers all of them. Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-09-04Agreement $5,938,329 — from SMART MERCHANTS INCORPORATED to JPMORGAN CHASE BANK NA $5,938,329
2021-05-18Agreement $7,956,818 — from SMART MERCHANTS INCORPORATED to JPMORGAN CHASE BANK, N.A $7,956,818
2015-07-31Deed $20,500,000 — from MULBERRY STREET PROPERTIES CORP. to SMART MERCHANTS INCORPORATED $20,500,000
2015-07-31Agreement $8,075,000 — from JPMORGAN CHASE BANK, N.A. to SMART MERCHANTS INCORPORATED $8,075,000
2015-07-31Mortgage $1,390,747 — from SMART MERCHANTS INCORPORATED to JPMORGAN CHASE BANK, N.A. $1,390,747
2013-05-14Mortgage $1,443,210 — from MULBERRY STREET PROPERTIES CORP. to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA $1,443,210
2013-05-14Agreement $7,000,000 — from MULBERRY STREET PROPERTIES CORP. to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA $7,000,000
2011-07-05Mortgage $2,947,262 — from MULBERRY STREET PROPERTIES CORP. to MEGA INTERNATIONAL COMMERCIAL BANK CO., $2,947,262
2011-07-05Agreement $6,000,000 — from MULBERRY STREET PROPERTIES CORP. to MEGA INTERNATIONAL COMMERCIAL BANK CO., $6,000,000
2011-07-05AL&R $6,000,000 — from MULBERRY STREET PROPERTIES CORP. to MEGA INTERNATIONAL COMMERCIAL BANK CO., $6,000,000
2009-06-10Deed $6,500,000 — from JUSTICE & BOULEVARD MANAGEMENT CORP to MULBERRY STREET PROPERTIES CORP. $6,500,000
2009-06-10Mortgage $5,000,000 — from MULBERRY STREET PROPERTIES CORP. to JUSTICE & BOULEVARD MANAGEMENT CORP $5,000,000
2007-08-20Deed $8,810,000 — from ALBERTA PROPERTIES CORP. to JUSTICE & BOULEVARD MANAGEMENT CORP. $8,810,000
1999-05-27Mortgage $34,055 — from ALBERTA PROPERTIES CORP. to DIME SAVINGS BANK OFWILLIAMSBURGH $34,055
1986-09-05Mortgage $700,000 — from ALBERTA PROPERTIES CORP to DIME SAVINGS BK WILLIAMB $700,000

Ten-year activity

50250
2017
45
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201738170129
2018033001245
201901140621
20200160310
202100171422
202201140419
202303100417
202410260532
202528290443
202600111416
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The full timeline

Construction 41Enforcement 59Housing & tenants 252Ownership & money 24Health & systems 52

Every one of the 428 recorded events, 1986–2026, is laid out year by year in the full report (print-ready).

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