477 recorded events, 1989–2026, from 15 city data systems. The city's paper trail here is mostly 121 ACRIS deeds & mortgages, 87 311 service requests, 63 DOB permits.
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 71% 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 5.7. In ZIP 10002, 64% 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 | 1 total — 0 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2015-11-07. |
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.
26 service requests in the last three years. Most common: Noise (9) · Illegal Parking (5) · Curb Condition (4) · Illegal Tree Damage (1) · Lead (1) · Sidewalk Condition (1).
$3,717,905 in permitted construction work filed since 2016 (11 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 (1910) |
| Yes | Six or more residential units (7) |
| 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) | TWO BRIDGES CONDOMINIUM |
| Head officer | RON RYER |
| Managing agent | DIVISION PROPERTY MANAGEMENT LTD |
| Last registered | 2025-09-12 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $511,857 | $230,336 |
| 2026 | $567,614 | $255,426 |
| 2027 | $0 | $0 |
The city's market estimate has fallen 100% between tax years 2025 and 2027.
| Heating fuel | NO2FUEL |
| Facade (Local Law 11) | SAFE (cycle 9) |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Not in a hurricane evacuation zone.
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 · 400 ft straight-line (about a 2-minute walk) · station accessibility: none Grand St — B D · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Pike St / Division St — M15 · 250 ft |
| Citi Bike | Pike St & E Broadway · 400 ft · station location as of 2026-09-23; live availability |
| 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 Canal 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 |
26 311 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 DIVISION PROPERTY MANAGEMENT LTD — 48 buildings, 695 units. Grades across the portfolio: A32 · B12 · C2 · D2. See the whole portfolio
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2022-12-05 | Mortgage $3,040,000 — from 48 CANAL 7 LLC to JPMORGAN CHASE BANK, N.A. | $3,040,000 | |
| 2021-11-05 | Deed $3,745,000 — from KULICK, ADAM to FIALKOW, OLIVIA; PHILLIPS, STREETER | $3,745,000 | |
| 2021-10-28 | Mortgage $1,017,500 — from TRAN, SANDY; TRAN, MIKE to FIRST REPUBLIC BANK | $1,017,500 | |
| 2021-10-28 | Deed $2,035,000 — from A.K.A KENNETH R. ALPER, KENNETH ALPER to TRAN, SANDY; TRAN, MIKE | $2,035,000 | |
| 2021-10-19 | Sold for $3,745,000 | $3,745,000 | $535,000 |
| 2021-10-12 | Sold for $2,035,000 | $2,035,000 | $290,714 |
| 2017-10-18 | Agreement $704,000 — from WONG, GARY C to MERS | $704,000 | |
| 2017-10-16 | Mortgage $79,708 — from WONG, GARY C to MERS | $79,708 | |
| 2016-11-21 | Agreement $616,500 — from ALPER, KENNETH R to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; QUICKEN LOANS INC | $616,500 | |
| 2016-11-17 | Mortgage $5,229 — from ALPER, KENNETH R to QUICKEN LOANS INC; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS | $5,229 | |
| 2014-12-16 | Mortgage $676,200 — from ALPER, KENNETH R to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS | $676,200 | |
| 2013-06-20 | Agreement $509,000 — from CULBERT, SEAN to CITIBANK, N.A. | $509,000 | |
| 2013-06-20 | Mortgage $10,208 — from CULBERT, SEAN to CITIBANK, N.A. | $10,208 | |
| 2011-03-07 | Mortgage $132,750 — from WONG, GARY C to MERS | $132,750 | |
| 2011-03-07 | Agreement $729,750 — from WONG, GARY C to BANK OF AMERICA, N.A. | $729,750 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 7 | 1 | 2 | 4 | 1 | 15 |
| 2018 | 5 | 7 | 5 | 0 | 2 | 19 |
| 2019 | 0 | 0 | 3 | 0 | 3 | 6 |
| 2020 | 0 | 3 | 2 | 0 | 1 | 6 |
| 2021 | 0 | 1 | 13 | 10 | 2 | 26 |
| 2022 | 0 | 1 | 14 | 3 | 2 | 20 |
| 2023 | 13 | 3 | 10 | 1 | 2 | 29 |
| 2024 | 5 | 3 | 13 | 0 | 2 | 23 |
| 2025 | 6 | 1 | 11 | 0 | 2 | 20 |
| 2026 | 0 | 1 | 5 | 2 | 1 | 9 |
Every one of the 477 recorded events, 1989–2026, 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