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156 Orchard Street

235Records
16City systems
2Open violations
85.6Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Lower East Side
Open in the map

235 recorded events, 1971–2026, from 16 city data systems. The city's paper trail here is mostly 55 311 service requests, 52 ACRIS deeds & mortgages, 31 boiler inspections.

BoroughManhattan 10002
Built1900
Floors5
Res. units16
ClassD9
Owner (PLUTO)156 ORCHARD PROPERTY OWNER LLC
BBL1004110006
BIN1077185, 1077186

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 80% 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 85.6. 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 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 — 0 class C (immediately hazardous), 0 class B, 2 class A. Oldest open since 2026-06-16.

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

15 service requests in the last three years. Most common: Noise (8) · Rodent (2) · Graffiti (1) · For Hire Vehicle Complaint (1) · Electrical (1) · Emergency Response Team (ERT) (1).

Filed construction activity

$404,750 in permitted construction work filed since 2016 (4 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 (16)
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)156 ORCHARD PROPERTY OWNER LLC
Head officerDAVID GLEITMAN
Managing agentTARGO MANAGEMENT LLC
Last registered2026-06-29

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,106,000 $1,397,700
2026$3,639,000 $1,637,550
2027$3,937,000 $1,771,650

The city's market estimate has risen 27% between tax years 2025 and 2027.

Flood exposure

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.

Getting around

Subway2 Av — F · 700 ft straight-line (about a 4-minute walk) · station accessibility: none
Delancey St-Essex St — F J M Z · 700 ft straight-line (about a 4-minute walk) · station accessibility: none
BusNearest boarding stop: Allen St / Stanton St — M15 · 400 ft
Citi BikeAllen St & Rivington St · 450 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

156 Orchard 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

15 311 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 TARGO MANAGEMENT — 22 buildings, 259 units. Grades across the portfolio: A6 · B10 · C2 · D3 · F1. See the whole portfolio

BuildingBoroughUnitsGrade
185 East Houston Street MN31 A
640 Broadway MN21 B
5 Spring Street MN21 C
227 West 20 Street MN20 B
96 Orchard Street MN18 A
156 Orchard Street MN16 B
661 Washington Street MN15 A
126 1 Avenue MN11 A
326 East 4 Street MN10 B
519 East 6 Street MN10 B
225 West 20 Street MN10 B
328 East 4 Street MN10 B
321 West 16 Street MN10 B
184 Stanton Street MN9 C
182 Stanton Street MN8 A
186 Bleecker Street MN8 B
153 Avenue C MN8 B
201 2 Avenue MN8 A
110 Reade Street MN5 D
38 Carmine Street MN5 D
111 Reade Street MN4 F
41 8 Avenue MN1 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $7,462,276 on 2026-06-04 (lender: Bds V Reit LLC), covering 7 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
2026-06-04Deed $8,450,000 — from 156 ORCHARD STREET, LLC to 156 ORCHARD PROPERTY OWNER LLC $8,450,000
2026-06-04Mortgage $12,581,141 — from 156 ORCHARD PROPERTY OWNER LLC; 126 FIRST PROPERTY OWNER LLC; 153 AVENUE C PROPERTY OWNER to BDS V REIT LLC $12,581,141
2026-06-04Agreement $62,241,390 — from 38 CARMINE PROPERTY OWNER LLC; 153 AVENUE C PROPERTY OWNER LLC; 96 ORCHARD PROPERTY OWNER to BDS V REIT LLC $62,241,390
2026-06-04Mortgage $7,462,276 — from 126 FIRST PROPERTY OWNER LLC; 90 RIVINGTON PROPERTY OWNER LLC; 96 ORCHARD PROPERTY OWNER L to BDS V REIT LLC $7,462,276
2026-05-14Sold for $8,450,000 $8,450,000 $528,125
2019-01-11Agreement $5,230,000 — from 156 ORCHARD STREET, LLC to SANTANDER BANK, N.A. $5,230,000
2019-01-11Mortgage $280,000 — from 156 ORCHARD STREET, LLC to SANTANDER BANK, N.A. $280,000
2014-08-25Mortgage $2,185,000 — from 156 ORCHARD STREET, LLC to SANTANDER BANK, N.A. $2,185,000
2014-08-25Agreement $4,950,000 — from 156 ORCHARD STREET, LLC to SANTANDER BANK, N.A. $4,950,000
2010-08-09Mortgage $1,045,146 — from 156 ORCHARD STREET, LLC to SOVEREIGN BANK $1,045,146
2010-08-09Agreement $2,765,000 — from 156 ORCHARD STREET, LLC to SOVEREIGN BANK $2,765,000
2003-05-05Mortgage $378,075 — from 156 ORCHARD STREET, LLC to NORTH FORK BANK $378,075
1999-10-07Mortgage $432,750 — from 156 ORCHARD ST. LLC to NORTH FORK BANK $432,750
1999-09-17Mortgage $1,000,000 — from 96 ORCHARD, INC.; 126 FIRST AVENUE, LLC; 310 E. 93 ST. CORP.; 90 RIVINGTON STREET,LLC; 156 to NORTH FORK BANK $1,000,000
1999-03-17Mortgage $225,000 — from 156 ORCHARD STREET,LLC; 96 ORCHARD, INC. to NORTH FORK BANK $225,000

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
2024
2025
47
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017000044
2018002057
201900172524
2020005049
202100150419
20220080513
20230080614
2024004059
20250080513
2026532310647
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The full timeline

Construction 13Enforcement 14Housing & tenants 98Ownership & money 53Health & systems 57

Every one of the 235 recorded events, 1971–2026, is laid out year by year in the full report (print-ready).

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