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500 Grand Street

1,749Records
19City systems
36Open violations
5.2Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Lower East Side
Open in the map

1,749 recorded events, 1972–2026, from 19 city data systems. The city's paper trail here is mostly 542 311 service requests, 255 ACRIS deeds & mortgages, 216 DOB permits.

BoroughManhattan 10002
Built1949
Floors12
Res. units258
ClassD4
Owner (PLUTO)HILLMAN HOUSING CORP
BBL1003310065
BIN1004065

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. More recorded distress than 57% 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 5.2. 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 violations36 total — 8 class C (immediately hazardous), 25 class B, 3 class A. Oldest open since 1994-07-25.

status snapshot refreshed weekly from HPD records

Patterns

21 heat or hot-water complaints in the last three years (winter 2023–24: 2 · winter 2024–25: 2 · winter 2025–26: 13). Repeated winter clusters suggest a chronic heating problem.

2
’23–24
2
’24–25
13
’25–26

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

$6,150 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

127 service requests in the last three years. Most common: Noise (30) · Dirty Condition (13) · HEAT/HOT WATER (10) · Homeless Person Assistance (8) · Food Establishment (8) · Illegal Parking (6).

Filed construction activity

$4,624,559 in permitted construction work filed since 2016 (100 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 (1949)
YesSix or more residential units (258)
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)Hillman Housing Corporation
Head officerJohnPaul Figueroa
Managing agentAKAM ASSOCIATES, INC.
Last registered2025-08-28

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$41,663,000 $18,748,350
2026$51,679,000 $23,255,550
2027$43,688,000 $19,659,600

The city's market estimate has risen 5% between tax years 2025 and 2027.

Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY · DISABLED HOMEOWNER · SENIOR CITIZEN HOMEOWNER

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2021 estimate: gross income $8,904,432 a year ($29.73 per sq ft), operating expenses $2,884,281 ($9.63 per sq ft), net operating income $6,020,151. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)C — ENERGY STAR score 57/100 (2022 disclosure cycle)
Facade (Local Law 11)No Report Filed (cycle 9)

Restaurants in this building

RestaurantCuisineGradeNotes
Zafi's LuncheonetteAmericanA—

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 0 with mice evidence · See them on the Mice Map

1 food-poisoning report to 311 at this address in the last three years (0 with three or more people sick)
8 Food Establishment complaints to 311 at this address in the last three years (most often: Rodents/Insects/Garbage, Food Spoiled, Food Temperature) · 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 4 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

5 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

SubwayDelancey St-Essex St — F J M Z · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none
BusNearest boarding stop: Grand St / East Broadway — M14A-SBS · 300 ft · Select Bus Service
Citi BikeBialystoker Pl & Delancey St · 300 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

500 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

127 311 service requests from this address in the last three years — 10 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 AKAM ASSOCIATES, INC. — 372 buildings, 55,744 units. Grades across the portfolio: A328 · B33 · C5. See the whole portfolio

BuildingBoroughUnitsGrade
269 Grand Central Pkwy QN1844 A
333 East 30 Street MN1117 A
97-40 62 Drive QN1094 A
175 Adams Street BK1022 A
23-15 44th Drive QN802 A
1655 Flatbush Avenue BK634 B
345 West 58 Street MN586 A
73-50 Bell Boulevard QN583 B
340 West 57 Street MN576 A
460 Neptune Avenue BK572 A
440 Neptune Avenue BK572 A
213-06 75 Avenue QN567 B
140 West End Avenue MN561 A
205 West End Avenue MN543 A
2915 West 5 Street BK528 A
530 Grand Street MN525 A
4-74 48 Avenue QN522 A
15 West 72 Street MN493 A
61-25 98 Street QN492 A
6 West 16 Street MN481 A
312 East 42 Street MN459 A
150 West End Avenue MN454 A
180 West End Avenue MN452 A
76179 7 Avenue MN445 A
25 Tudor City Place MN443 A
99 John Street MN438 A
5700 Arlington Avenue BX437 A
5900 Arlington Avenue BX437 A
5800 Arlington Avenue BX435 A
5 East 22 Street MN423 A
61-15 98 Street QN420 B
185 Park Row MN420 A
392 Central Park West MN413 A
400 Central Park West MN413 A
25-40 Shore Boulevard QN409 A
15 Broad Street MN382 A
270 Greenwich Street MN381 A
301 East 40 Street MN359 A
22 North 6 Street BK359 A
2373 Broadway MN354 A
2681 Broadway MN345 B
160 West 66 Street MN343 A
225 Central Park West MN338 A
20 University Place MN323 A
87-10 204 Street QN296 A
301 West 57 Street MN295 A
415 East 52 Street MN287 A
200 East 27 Street MN280 B
120 Riverside Boulevard MN276 A
210-11 75 Avenue QN270 B
75-05 210 Street QN270 B
10 Park Avenue MN268 A
267 3 Avenue MN264 A
560 3 Avenue MN263 A
211 East 46 Street MN261 A
347 West 57 Street MN261 A
500 Grand Street MN258 A
101 Willoughby Street BK250 A
321 5 Avenue MN250 A
130 Lenox Avenue MN240 B

showing 60 of 372 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $18,500,000 on 2023-01-17 (lender: Apple Bank For Savings), covering 3 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
2026-07-07RPTT&RET $565,000 — from LEVASSEUR, BARBARA to SIGL, JACOB; LIPTAK, NICHOLAS $565,000
2026-07-01Sold for $565,000 $565,000 $2,190
2026-05-19RPTT&RET $1,250,000 — from FOX, TIMOTHY RICHARD to HAMBRICK, AMANDA; HAMBRICK, WILLOW $1,250,000
2026-05-07Sold for $1,250,000 $1,250,000 $4,845
2025-11-03RPTT&RET $380,000 — from PUBLIC ADMIN OF THE COUNTY OF NEW YORK, ; THE ESTATE OF PAULINE KLEINMAN to GOODMAN, DAVID E; SUAREZ, LARA R $380,000
2025-10-30Sold for $380,000 $380,000 $1,473
2025-10-23RPTT&RET $589,000 — from KEITH FEUER, EXECUTOR; ESTATE OF BARBARA SCHAFER to WIRTZ, LEA; FELDMAN, ZACHARY $589,000
2025-10-21RPTT&RET $500,000 — from SMALL, ELEANOR to AHMAD, NOOR M $500,000
2025-10-16Sold for $589,000 $589,000 $2,283
2025-10-06Sold for $500,000 $500,000 $1,938
2025-09-30RPTT&RET $525,000 — from O'NEILL, JAMES J to DEELY, MICHAEL; ROGERS, KELLY $525,000
2025-09-29Sold for $525,000 $525,000 $2,035
2025-09-26RPTT&RET $305,000 — from ESTATE OF DANIEL STEIN BY ARTHUR HAGLES to HILLMAN HOUSING CORPORATION $305,000
2025-09-18Sold for $305,000 $305,000 $1,182
2025-09-11RPTT&RET $699,000 — from JANE OFFEN, WARD; JOSEPH BENSMIHEN, PLENARY GUARDIAN to CHAMBERLIN, PETER; TANG, HSIAO-JOU $699,000

Ten-year activity

2001000
2017
2018
2019
2020
154
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201726103516895
20182903410982
2019147266255
20202144911489
2021033812812154
20221123133784
20232516461814119
202415474216120
20251522726777
2026180714598
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The full timeline

Construction 397Enforcement 176Housing & tenants 706Ownership & money 355Health & systems 115

Every one of the 1,749 recorded events, 1972–2026, 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