848 recorded events, 1989–2026, from 18 city data systems. The city's paper trail here is mostly 307 311 service requests, 262 ACRIS deeds & mortgages, 53 DOB violations.
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 63% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 10.9. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work
Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 5 total — 2 class C (immediately hazardous), 1 class B, 2 class A. Oldest open since 2014-11-19. |
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.
$21,805 in enforcement penalties imposed (ECB/OATH) in the last three years.
196 service requests in the last three years. Most common: Encampment (143) · Homeless Person Assistance (27) · Non (6) · General Construction/Plumbing (5) · Abandoned Bike (3) · Dirty Condition (2).
$270,250 in permitted construction work filed since 2016 (8 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.
| No | Built before 1974 (1990) |
| Yes | Six or more residential units (26) |
| No | 421-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 owner(s) | HONG FAT PLAZA CONDO |
| Head officer | ENGMEE PAN |
| Managing agent | NEW GOLDEN AGE REALTY INC. |
| Last registered | 2025-07-18 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $197,213 | $88,746 |
| 2026 | $353,314 | $158,992 |
| 2027 | $305,832 | $137,624 |
The city's market estimate has risen 55% between tax years 2025 and 2027.
Tax exemptions on the roll: HOUSE OF WORSHIP · SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2021 estimate: gross income $1,148,644 a year ($42.47 per sq ft), operating expenses $360,253 ($13.32 per sq ft), net operating income $788,391. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | D — ENERGY STAR score 18/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
| Facade (Local Law 11) | UNSAFE — unsafe conditions reported (cycle 9) |
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.
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 | East Broadway — F · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: none Grand St — B D · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Madison St / Market St — M15 M22 · 100 ft |
| Citi Bike | Market St & Cherry St · 450 ft · station location as of 2026-09-23; live availability |
| Bike facility | Painted bike lane mapped within 75 ft |
| School zones (2024–25 map) | Elementary: P.S. 002 Meyer London 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.
48 Market 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 |
196 311 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 NEW GOLDEN AGE REALTY INC. — 34 buildings, 710 units. Grades across the portfolio: A24 · B7 · C2 · D1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 148 Madison Street | MN | 80 | A |
| 25 Market Street | MN | 74 | A |
| 158 Hester Street | MN | 61 | A |
| 46 Henry Street | MN | 32 | A |
| 17 Catherine Street | MN | 32 | C |
| 420 42 Street | BK | 31 | A |
| 165 Henry Street | MN | 30 | A |
| 121 East Broadway | MN | 30 | A |
| 249 East 50th Street | MN | 27 | A |
| 48 Market Street | MN | 26 | A |
| 136 East Broadway | MN | 23 | A |
| 375 Broome Street | MN | 22 | D |
| 135-10 35 Avenue | QN | 20 | A |
| 87 Elizabeth Street | MN | 18 | A |
| 107 Hester Street | MN | 17 | A |
| 41 Spring Street | MN | 17 | A |
| 33 Catherine Street | MN | 16 | A |
| 38 East Broadway | MN | 16 | A |
| 31 Orchard Street | MN | 15 | A |
| 33 Orchard Street | MN | 14 | B |
| 217 Mott Street | MN | 12 | A |
| 18 Eldridge Street | MN | 10 | A |
| 181 Hester Street | MN | 9 | A |
| 118 Madison Street | MN | 8 | B |
| 143 Mott Street | MN | 8 | B |
| 100 Mott Street | MN | 8 | A |
| 238 Elizabeth Street | MN | 8 | A |
| 127 East Broadway | MN | 8 | B |
| 259 East 7 Street | MN | 8 | B |
| 136 Division Street | MN | 7 | B |
| 41 Market Street | MN | 7 | A |
| 61 East Broadway | MN | 6 | A |
| 24 West 56 Street | MN | 6 | C |
| 150-01 Northern Boulevard | QN | 4 | B |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-07-29 | Deed $980,000 — from TFNY CAPITAL 48 MARKET ST C INC. to AMERICAN HOUYU BUDDHA TEMPLE ASSOCIATION | $980,000 | |
| 2026-07-29 | Mortgage $900,000 — from AMERICAN HOUYU BUDDHA TEMPLE ASSOCIATION to TFNY CAPITAL 48 MARKET ST C INC. | $900,000 | |
| 2026-07-09 | Sold for $980,000 | $980,000 | $37,692 |
| 2026-07-02 | Deed $650,000 — from WANG, JEAN C to YANG, QIN | $650,000 | |
| 2026-06-18 | Sold for $650,000 | $650,000 | $25,000 |
| 2025-12-26 | Deed $750,000 — from PAN, MEE M; ENG, MEEMEE Y; ENG, MEE YEE; PAN, ENG MEE to TFNY CAPITAL 48 MARKET ST LLC | $750,000 | |
| 2025-12-10 | Sold for $750,000 | $750,000 | $28,846 |
| 2025-12-10 | Sold for $750,000 | $750,000 | $28,846 |
| 2025-09-04 | Deed $600,000 — from XIANG, LASA; YAN, YU MEI to JIANG, CUIYU | $600,000 | |
| 2025-08-18 | Sold for $600,000 | $600,000 | $23,077 |
| 2025-08-18 | Sold for $600,000 | $600,000 | $23,077 |
| 2025-01-24 | Deed $630,000 — from YANG, YAN HUI; ZHU, GUO XINGDI to CHEN, XIUQING | $630,000 | |
| 2025-01-14 | Sold for $630,000 | $630,000 | $24,231 |
| 2023-09-08 | Deed $460,000 — from YANG, CHENG CHENG to GROOMS, JIN XIU | $460,000 | |
| 2023-08-24 | Sold for $460,000 | $460,000 | $17,692 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 3 | 3 | 3 | 9 | 4 | 22 |
| 2018 | 0 | 4 | 9 | 3 | 4 | 20 |
| 2019 | 1 | 8 | 17 | 3 | 6 | 35 |
| 2020 | 0 | 1 | 17 | 4 | 3 | 25 |
| 2021 | 0 | 1 | 11 | 10 | 3 | 25 |
| 2022 | 2 | 5 | 22 | 3 | 7 | 39 |
| 2023 | 4 | 3 | 38 | 14 | 4 | 63 |
| 2024 | 3 | 8 | 101 | 2 | 6 | 120 |
| 2025 | 2 | 5 | 36 | 16 | 7 | 66 |
| 2026 | 7 | 5 | 56 | 14 | 6 | 88 |
Every one of the 848 recorded events, 1989–2026, is laid out year by year in the full report (print-ready).
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