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265 Cherry Street

2,726Records
20City systems
8Open violations
7.1Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Chinatown-Two Bridges
Open in the map

2,726 recorded events, 1900–2026, from 20 city data systems. The city's paper trail here is mostly 1,382 311 service requests, 503 HPD complaints, 252 HPD housing violations.

BoroughManhattan 10002
Built1979
Floors26
Res. units490
ClassD6
Owner (PLUTO)HP CHERRY STREET HOUSING DEVELOPMENT FUN D COMPANY, INC.,
BBL1002470001
BIN1077589, 1077590

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 61% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 7.1. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations8 total — 2 class C (immediately hazardous), 6 class B, 0 class A. Oldest open since 2021-06-07.

status snapshot refreshed weekly from HPD records

Patterns

115 heat or hot-water complaints in the last three years (winter 2023–24: 51 · winter 2024–25: 34 · winter 2025–26: 30). Repeated winter clusters suggest a chronic heating problem.

51
’23–24
34
’24–25
30
’25–26

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

$3,750 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

279 service requests in the last three years. Most common: Noise (58) · HEAT/HOT WATER (57) · Blocked Driveway (22) · Illegal Parking (16) · UNSANITARY CONDITION (13) · PLUMBING (11).

Filed construction activity

$2,903,464 in permitted construction work filed since 2016 (29 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

NoBuilt before 1974 (1979)
YesSix or more residential units (490)
No421-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 with HPD — the names behind the building

Registered owner(s)265-275 CHERRY STREET NY OWNER LP
Head officerWILLIAM BRAKE
Managing agentRELATED MANAGEMENT COMPANY
Last registered2025-07-09

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$124,761,000 $56,142,450
2026$132,640,000 $59,688,000
2027$134,745,000 $60,635,250

The city's market estimate has risen 8% between tax years 2025 and 2027.

Tax exemptions on the roll: ARTICLE XI

Building systems

Energy grade (LL33)C — ENERGY STAR score 66/100 (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.

Hurricane evacuation zone 1 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 2025 (1 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

SubwayEast Broadway — F · 750 ft straight-line (about a 4-minute walk) · station accessibility: none
Delancey St-Essex St — F J M Z · 0.5 mi straight-line (about a 13-minute walk) · station accessibility: none
BusNearest boarding stop: Madison St / Rutgers St — M22 · 650 ft
Citi BikeClinton St & Cherry St · 700 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: Elementary schools in this district are not zoned. 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

265 Cherry 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

279 311 service requests from this address in the last three years — 57 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 RELATED MANAGEMENT — 79 buildings, 14,302 units. Grades across the portfolio: A63 · B12 · C2. See the whole portfolio

BuildingBoroughUnitsGrade
560 10 Avenue MN814 A
1-50 50 Avenue QN619 A
505 West 35th Street MN532 A
265 Cherry Street MN490 B
215 East 96 Street MN476 A
450 West 17 Street MN469 A
105 Duane Street MN440 A
400 Chambers Street MN396 A
553 West 30 Street MN392 A
500 West 30 Street MN390 A
841 10 Avenue MN371 A
1 East Loop Road MN352 A
460 Main Street MN342 A
527 West 23 Street MN313 A
1-55 Borden Avenue QN306 A
450 Washington Street MN283 A
40-22 College Point Blvd QN280 A
200 East 94 Street MN277 A
325 North End Avenue MN274 A
480 Main Street MN266 A
131-03 40 Road QN263 A
180 West 20 Street MN254 A
131-01 40 Road QN248 A
405 Main Street MN242 A
131-05 40 Road QN232 A
203 East 92 Street MN231 A
10 East 102 Street MN229 A
1 Columbus Circle MN225 A
324 West 30 Street MN223 B
425 Main Street MN216 A
261 Hudson Street MN201 A
515 West 18th Street MN181 A
1608 1 Avenue MN180 A
520 West 30 Street MN179 A
205 East 85 Street MN164 A
Locke Street BK151 B
34 Hudson Yards MN143 A
555 West 22nd Street MN141 A
1062 Elton Street BK136 C
250 East 53 Street MN135 A
210 Sherman Avenue MN126 C
205 West 76 Street MN124 A
20 West 102 Street MN123 B
456 Washington Street MN107 A
230 West 56 Street MN107 A
181 East 65 Street MN93 A
220 East 94 Street MN92 A
20-11 18 Street QN92 A
20-25 Shore Boulevard QN84 A
20-12 20 Street QN81 A
524 Vandalia Avenue BK64 B
23 East 22 Street MN64 A
516 Vandalia Avenue BK64 B
Gateway Boulevard QN63 A
400 West 12 Street MN60 A
20-31 19 Street QN60 A
20-05 Shore Boulevard QN60 B
20-32 19 Street QN60 B
20-11 20 Street QN60 A
1166 Elton Street BK59 A

showing 60 of 79 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $280,800,000 on 2021-02-02 (lender: Grandbridge Real Estate Capital LLC). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2025-08-22RPTT&RET $33,475 — from RFM CACTUS NYSS LLC to RFM-NYSCRF AFFORDABLE CHERRY STREET HOLD $33,475
2025-08-22RPTT&RET $334,716,525 — from RFM CACTUS NYSS LLC to RFM-NYSCRF AFFORDABLE CHERRY STREET HOLD; HP CHERRY STREET HOUSING DEVELOPMENT FUN $334,716,525
2022-03-31Sold for $78,000,000 $78,000,000 $159,184
2021-02-02Mortgage $280,800,000 — from HP CHERRY STREET HOUSING DEVELOPMENT FUN; 265-275 CHERRY STREET (NY) OWNER, L.P. to GRANDBRIDGE REAL ESTATE CAPITAL LLC $280,800,000
2021-01-12RPTT&RET $423,957,600 — from ENDLAND LLC to NYSS CHERRY STREET LP LLC; HP CHERRY STREET HOUSING DEVELOPMENT FUN $423,957,600
2021-01-12RPTT&RET $42,400 — from 265-275 CHERRY STREET (NY) CLASS A PARTN to NYSS CHERRY STREET GP HOLDINGS LLC $42,400
2020-12-28Sold for $423,957,600 $423,957,600 $865,220
2013-12-10Agreement $172,829,959 — from TWO BRIDGES ASSOCIATES LIMITED PARTNERSH to FANNIE MAE $172,829,959
2013-12-04RPTT $279,315,405 — from APOLLO DOMESTIC EMERGING MARKET FUND I, ; PONTE HOLDINGS LLC; L E II CORP. to HP CHERRY STREET HOUSING DEVELOPMENT FUN $279,315,405
2010-12-17Agreement $175,000,000 — from TWO BRIDGES ASSOCIATES LIMITED PARTNERSH to BEECH STREET CAPITAL, LLC $175,000,000
2010-12-17Mortgage $40,000,000 — from TWO BRIDGES ASSOCIATES LIMITED PARTNERSH to BEECH STREET CAPITAL, LLC $40,000,000
2008-10-10RPTT&RET $170,785,013 — from CHU KOH, NAM; MILLS, ROBERT A; AIMCO PROPERTIES L P; SMITH, BONNIE H; LP ACQUISITIONS LLC; to ENDLAND LLC $170,785,013
2008-10-07AL&R $135,000,000 — from TWO BRIDGES ASSOCIATES LIMITED PARTNERSH to NEW YORK COMMUNITY BANK $135,000,000
2008-10-07Agreement $135,000,000 — from NEW YORK COMMUNITY BANK to TWO BRIDGES ASSOCIATES LIMITED PARTNERSH $135,000,000
2008-10-07Mortgage $94,384,935 — from TWO BRIDGES ASSOCIATES LIMITED PARTNERSH to NEW YORK COMMUNITY BANK $94,384,935

Ten-year activity

5002500
2017
2018
2019
2020
374
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201778134015164
20180111408123
20198214406160
20200616325176
202111103231812374
20221292321419286
202382020906243
2024211193116223
202504122226154
20262786016111
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The full timeline

Construction 148Enforcement 183Housing & tenants 2,156Ownership & money 86Health & systems 153

Every one of the 2,726 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10002 · Landlord rankings · How grades work · The map · The Mice Map