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540 East 5 Street

800Records
16City systems
5Open violations
58.6Penalty rate
Manhattan · ZIP 10009 · Neighborhood: East Village
Open in the map

800 recorded events, 1970–2026, from 16 city data systems. The city's paper trail here is mostly 291 311 service requests, 231 HPD complaints, 105 HPD housing violations.

BoroughManhattan 10009
Built1929
Floors6
Res. units22
ClassC7
Owner (PLUTO)540 EAST 5TH STREETEQUITIES, INC.
BBL1004000026
BIN1005025

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 74% 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 58.6. 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 violations5 total — 2 class C (immediately hazardous), 2 class B, 1 class A. Oldest open since 2024-04-11.

status snapshot refreshed weekly from HPD records

Patterns

26 heat or hot-water complaints in the last three years (winter 2023–24: 4 · winter 2024–25: 18 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.

4
’23–24
18
’24–25
4
’25–26

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

What 311 hears from this address

44 service requests in the last three years. Most common: HEAT/HOT WATER (13) · UNSANITARY CONDITION (12) · Noise (6) · DOOR/WINDOW (2) · PLUMBING (2) · Rodent (1).

Filed construction activity

$13,180 in permitted construction work filed since 2016 (2 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 (1929)
YesSix or more residential units (22)
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)540 E 5TH ST EQUITIES
Head officerANDREW MARIN
Managing agentUNIVERSAL MANAGERS
Last registered2025-09-22

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,778,000 $1,700,100
2026$4,089,000 $1,840,050
2027$4,674,000 $2,103,300

The city's market estimate has risen 24% between tax years 2025 and 2027.

Restaurants in this building

RestaurantCuisineGradeNotes
Le BurgerNew AmericanA—

Report to 311: Food poisoning · Food safety complaint

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

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 an 8-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 · 550 ft · Select Bus Service
Citi BikeE 4 St & Ave B · 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

540 East 5 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

44 311 service requests from this address in the last three years — 13 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 UNIVERSAL MANAGERS — 6 buildings, 117 units. Grades across the portfolio: A2 · B4. See the whole portfolio

BuildingBoroughUnitsGrade
540 East 5 Street MN22 B
519 East 12 Street MN21 B
447 West 37 Street MN20 A
449 West 37 Street MN20 B
202 East 7 Street MN18 B
161 Rivington Street MN16 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $9,785,583 on 2020-01-30 (lender: Santander Bank, N.A.), covering 2 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
2020-01-30Agreement $14,320,000 — from 536 EAST 5TH STREET EQUITIES INC.; 540 EAST 5TH STREET EQUITIES INC. to SANTANDER BANK, N.A. $14,320,000
2020-01-30Mortgage $9,785,584 — from 540 EAST 5TH STREET EQUITIES INC.; 536 EAST 5TH STREET EQUITIES INC. to SANTANDER BANK, N.A. $9,785,584
2013-01-14Mortgage $6,803,573 — from 540 EAST 5TH STREET EQUITIES INC.; 536 EAST 5TH STREET EQUITIES INC. to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA $6,803,573
2013-01-14Agreement $7,500,000 — from 536 EAST 5TH STREET EQUITIES INC.; 540 EAST 5TH STREET EQUITIES INC. to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA $7,500,000
1998-11-06Mortgage $150,000 — from 540 EAST 5TH STREETEQUITIES INC.; 536 EAST 5TH STREETEQUITIES INC. to APPLE BANK FOR SAVINGS $150,000
1998-08-27Mortgage $112,710 — from 540 EAST 5TH STREETEQUITIES, INC.; 536 EAST 5TH STREETEQUITIES, INC.; 519 EAST 12 REALTY L to DOMINION FINANCIAL CORPORATION $112,710
1998-06-29Mortgage $700,000 — from 536 EAST 5TH STREETEQUITIES, INC.; 540 EAST 5TH STREETEQUITIES, INC. to DOMINION FINANCIAL CORPORATION $700,000
1998-01-21Mortgage $550,000 — from 540 EAST 5TH STREETEQUITIES, INC.; 536 EAST 5TH STREETEQUITIES, INC. to FEURMAN, ALAN; MJA OF NY, INC. $550,000
1989-07-24Mortgage $350,000 — from 540 EAST 5TH ST EQTYINC to EAST 5TH ST REALTY LTD $350,000
1989-07-24Mortgage $25,000 — from 540 EAST 5TH ST EQTYINC to EAST 5TH ST REALTY LTD $25,000

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
165
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700110213
201800290332
201901230428
202000473151
202100350136
202212250533
20231415505165
202400250328
202500260430
202620380242
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The full timeline

Construction 31Enforcement 62Housing & tenants 638Ownership & money 32Health & systems 37

Every one of the 800 recorded events, 1970–2026, 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