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505 Grand Street

290Records
15City systems
0Open violations
205.5Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Lower East Side
Open in the map

290 recorded events, 1975–2026, from 15 city data systems. The city's paper trail here is mostly 85 311 service requests, 64 rodent inspections, 37 ACRIS deeds & mortgages.

BoroughManhattan 10002
Built1910
Floors3
Res. units4
ClassS9
Owner (PLUTO)505-507
BBL1002880045
BIN1003750, 1084869

Full record, year by year   Support this site

GRADE D

A sustained record of distress well beyond its peers. More recorded distress than 99% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 205.5. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
C

Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

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.

Patterns

17 heat or hot-water complaints in the last three years (winter 2023–24: 17).

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

$1,250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

23 service requests in the last three years. Most common: HEAT/HOT WATER (7) · GENERAL (3) · General Construction/Plumbing (3) · Sidewalk Condition (2) · Rodent (2) · Special Projects Inspection Team (SPIT) (2).

Filed construction activity

$197,000 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.

Rent-stabilization signals

YesBuilt before 1974 (1910)
NoSix or more residential units (4)
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)505-507 LLC
Head officerJOEL RADMIN
Managing agentrimac realty llc
Last registered2025-06-26

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,821,000 $819,450
2026$1,942,000 $873,900
2027$2,048,000 $921,600

The city's market estimate has risen 12% between tax years 2025 and 2027.

Restaurants in this building

RestaurantCuisineGradeNotes
A-1 Pizza ShopPizzaBMice evidence

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 1 with mice evidence · See them on the Mice Map

1 Food Establishment complaint to 311 at this address in the last three years (most often: Food Protection) · complaints filed by the public; DOHMH investigates, outcomes aren't published.

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.

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.

Getting around

SubwayDelancey St-Essex St — F J M Z · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: none
BusNearest boarding stop: Grand St / East Broadway — M14A-SBS · under 50 ft · Select Bus Service
Citi BikeHenry St & Grand St · 350 ft · station location as of 2026-09-23; live availability
Bike facilityShared bike route mapped within 75 ft
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

505 Grand Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Food poisoningFood poisoning
Food safety complaintFood safety complaint
Anything elseAnything else

23 311 service requests from this address in the last three years — 7 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 RIMAC REALTY LLC — 24 buildings, 189 units. Grades across the portfolio: A11 · B7 · D6. See the whole portfolio

BuildingBoroughUnitsGrade
107 Havemeyer Street BK36 A
647 2 Avenue MN18 B
888 Union Street BK16 B
178 5 Avenue MN13 A
188 State Street BK8 A
23 Jefferson Street BK8 A
182 State Street BK7 A
240 West 14 Street MN7 A
186 State Street BK6 A
487 5 Avenue BK6 A
78 5 Avenue BK6 B
352 Bedford Avenue BK6 B
5517 5 Avenue BK6 A
645 2 Avenue MN6 B
643 2 Avenue MN6 B
740 4 Avenue BK5 D
147 Remsen Street BK5 B
205 West 14 Street MN4 A
242 West 14 Street MN4 D
64 Henry Street BK4 D
113 Lexington Avenue MN4 A
505 Grand Street MN4 D
359 West 117 Street MN2 D
173 Park Avenue BK2 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $844,869 on 2020-02-24 (lender: Signature Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2025-10-08AL&R $1,350,000 — from 505-507 LLC to RIDGEWOOD SAVINGS BANK $1,350,000
2025-10-08Agreement $1,350,000 — from 505-507 LLC to RIDGEWOOD SAVINGS BANK $1,350,000
2025-04-16Agreement $1,350,000 — from 505-507 GRAND BRICK LLC to 505-507 LLC $1,350,000
2020-02-24AL&R $1,500,000 — from 505-507 LLC to SIGNATURE BANK $1,500,000
2020-02-24Agreement $1,500,000 — from 505-507 LLC to SIGNATURE BANK $1,500,000
2020-02-24Mortgage $844,870 — from 505-507 LLC to SIGNATURE BANK $844,870
2013-04-30Agreement $1,050,000 — from 505-507 LLC to SIGNATURE BANK $1,050,000
2013-04-30AL&R $1,050,000 — from 505-507 LLC to SIGNATURE BANK $1,050,000
2013-04-30Mortgage $46,939 — from 505-507 LLC to SIGNATURE BANK $46,939
2007-04-05Mortgage $644,451 — from 505-507 LLC to WASHINGTON MUTUAL BANK $644,451
2007-04-05Agreement $1,100,000 — from WASHINGTON MUTUAL BANK to 505-507 LLC $1,100,000
2002-06-24Mortgage $1,000,000 — from 505-507 LLC; PITT-RIVINGTON ASSETS, INC. to NORTH FORK BANK $1,000,000
2002-06-24Mortgage $1,000,000 — from 505-507 LLC; PITT-RIVINGTON ASSETS, INC. to NORTH FORK BANK $1,000,000
2002-06-24Mortgage $499,999 — from 505-507 LLC to NORTH FORK BANK $499,999

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
48
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20177040415
201840901427
20190030912
20200294217
202100100313
20220040711
20230060612
202422344648
202501471224
20260360413
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The full timeline

Construction 26Enforcement 32Housing & tenants 117Ownership & money 37Health & systems 78

Every one of the 290 recorded events, 1975–2026, is laid out year by year in the full report (print-ready).

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