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518 East 5 Street

496Records
14City systems
2Open violations
15.6Penalty rate
Manhattan · ZIP 10009 · Neighborhood: East Village
Open in the map

496 recorded events, 1967–2026, from 14 city data systems. The city's paper trail here is mostly 148 311 service requests, 140 HPD complaints, 61 HPD housing violations.

BoroughManhattan 10009
Built1900
Floors5
Res. units19
ClassC4
Owner (PLUTO)512-518 5TH ST. ASSOCIATES,
BBL1004000015
BIN1005017

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. Less recorded distress than 51% 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 15.6. In ZIP 10009, 59% of residential buildings hold an A and 6% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations2 total — 2 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 2006-01-19.

status snapshot refreshed weekly from HPD records

Patterns

No heat or hot-water complaints in the last three years.

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

What 311 hears from this address

23 service requests in the last three years. Most common: Noise (7) · UNSANITARY CONDITION (6) · Rodent (3) · GENERAL (2) · Homeless Person Assistance (2) · Blocked Driveway (1).

Filed construction activity

$193,000 in permitted construction work filed since 2016 (6 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 (1900)
YesSix or more residential units (19)
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)512-518 5TH STREET ASSOCIATES, LLC
Head officerPETER JAKOBSON
Managing agentJAKOBSON PROPERTIES, LLC
Last registered2025-07-10

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,196,000 $988,200
2026$2,340,000 $1,053,000
2027$2,372,000 $1,067,400

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

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.

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

Subway2 Av — F · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none
Delancey St-Essex St — F J M Z · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none
BusNearest boarding stop: Avenue A / E 5 St — M14A-SBS · 300 ft · Select Bus Service
Citi BikeE 5 St & Ave A · 250 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

518 East 5 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

23 311 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.

The landlord's report card

Managed by JAKOBSON PROPERTIES, LLC — 22 buildings, 565 units. Grades across the portfolio: A14 · B8. See the whole portfolio

BuildingBoroughUnitsGrade
11 Waverly Place MN152 A
198 1 Avenue MN28 A
622 East 11 Street MN26 B
620 East 11 Street MN26 A
110 East 7 Street MN23 B
543 East 5 Street MN22 B
32 East 7 Street MN22 B
34 East 7 Street MN22 A
431 East 9 Street MN21 A
218 East 6 Street MN21 B
112 East 7 Street MN20 B
128 St Marks Place MN20 A
422 East 14 Street MN19 B
518 East 5 Street MN19 A
516 East 5 Street MN19 A
514 East 5 Street MN18 A
102 St Marks Place MN17 A
206 East 70 Street MN16 A
25 Clinton Street MN16 A
512 East 5 Street MN16 A
122 East 7 Street MN14 A
10-03 48 Avenue QN8 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $660,468 on 2012-01-31 (lender: Investors Bank), covering 4 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
2023-12-14Agreement $1,174,411 — from JAKOBSON PROPERTIES LLC to 512-518 5TH ST ASSOCIATES LLC $1,174,411
2012-01-31Mortgage $660,469 — from 512-518 5TH STREET. ASSOCIATES, LLC to INVESTORS BANK $660,469
2012-01-31AL&R $3,330,000 — from 512-518 5TH STREET. ASSOCIATES, LLC to INVESTORS BANK $3,330,000
2012-01-31Agreement $3,330,000 — from 512-518 5TH STREET. ASSOCIATES, LLC to INVESTORS BANK $3,330,000
2004-07-05AL&R $3,015,000 — from EMIGRANT FUNDING CORPORATION to 512-518 5TH STREET ASSOCIATES, LLC $3,015,000
2004-07-05Mortgage $588,652 — from 512-518 5TH STREET ASSOCIATES, LLC to EMIGRANT FUNDING CORPORATION $588,652
2004-07-05Agreement $3,015,000 — from 512-518 5TH STREET ASSOCIATES, LLC to EMIGRANT FUNDING CORPORATION $3,015,000
2002-10-15Mortgage $1,006,267 — from 512-518 5TH ST. ASSOCIATES, LLC to EMIGRANT FUNDING CORP $1,006,267
1998-01-02Mortgage $327,390 — from 512-518 5TH ST. ASSOCIATES to EMIGRANT FUNDING CORPORATION $327,390
1998-01-02Mortgage $1,600,000 — from 512-518 5TH ST. ASSOCIATES to EMIGRANT FUNDING CORPORATION $1,600,000
1987-07-22Mortgage $1,205,977 — from 512-518 5 ST ASSOCS to MANUFACTURERS&TDRS TR CO $1,205,977

Ten-year activity

100500
2017
2018
51
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700370239
201800140216
201901410951
20208040820
202100120719
202220280535
20230053412
20240080412
202500110314
202630160322
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The full timeline

Construction 31Enforcement 21Housing & tenants 356Ownership & money 33Health & systems 55

Every one of the 496 recorded events, 1967–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10009 · Landlord rankings · How grades work · The map · The Mice Map