Building Biography

The MapLandlordsNeighborhoodsZIP CodesGradesThe Mice MapAboutWhat's new

116 Eldridge Street

426Records
16City systems
47Open violations
84.5Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Lower East Side
Open in the map

426 recorded events, 1979–2026, from 16 city data systems. The city's paper trail here is mostly 92 HPD housing violations, 85 311 service requests, 72 HPD complaints.

BoroughManhattan 10002
Built1909
Floors5
Res. units8
ClassC7
Owner (PLUTO)116 ASSETS LLC
BBL1004130006
BIN1005432

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 84.5. 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 violations47 total — 9 class C (immediately hazardous), 25 class B, 13 class A. Oldest open since 1982-04-01.

status snapshot refreshed weekly from HPD records

Patterns

2 heat or hot-water complaints in the last three years (winter 2025–26: 2).

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

What 311 hears from this address

26 service requests in the last three years. Most common: Noise (6) · WATER LEAK (5) · Graffiti (4) · PLUMBING (4) · APPLIANCE (2) · UNSANITARY CONDITION (1).

Filed construction activity

$30,000 in permitted construction work filed since 2016 (1 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 (1909)
YesSix or more residential units (8)
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)116 ASSETS LLC
Head officerDAVID SOHAYEGH
Managing agentMANNY ASHOURZADEH
Last registered2025-08-24

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,406,800 $1,533,060
2026$3,377,000 $1,519,650
2027$2,702,000 $1,215,900

The city's market estimate has fallen 21% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Restaurants in this building

RestaurantCuisineGradeNotes
SteightAmericanA—

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).

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

SubwayGrand St — B D · 500 ft straight-line (about a 2-minute walk) · station accessibility: none
Bowery — J Z · 850 ft straight-line (about a 4-minute walk) · station accessibility: none
BusNearest boarding stop: Allen St / Grand St — M15 · 400 ft
Citi BikeForsyth St & Broome St · 400 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 042 Benjamin Altman
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.

Report a problem to 311

116 Eldridge 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

26 311 service requests from this address in the last three years — 1 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.

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $100,000 on 1999-03-26 (lender: 116 Eldridge Fundingassociates). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
1999-03-26Mortgage $200,000 — from 116 ASSETS LLC to BECK, MINDY; COHEN, GERARD; FARHADIAN, BEN; BOGSTED, BARBARA; BASS, JAY; CHUTKO, JOHN; WEI $200,000
1999-03-26Mortgage $100,000 — from 116 ASSETS LLC to 116 ELDRIDGE FUNDINGASSOCIATES $100,000
1986-02-24Mortgage $115,000 — from LUCK HOP REALTY INC to TOM, YIM LAN; TOM, KEE KING $115,000
1985-05-17Mortgage $50,000 — from TOM, KEE KING; TOM, YIM LAN to 116 ELDRIDGE ST RLTYCP $50,000
1983-03-18Mortgage $80,000 — from 24 RUTGER ST.REALTYINC. to TAI BOA REALTY CO. INC. $80,000

Ten-year activity

50250
2017
2018
41
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsHealth & systemsTotal
20170017421
201800101525
201900172441
20200211215
20210310215
20220026430
20230615324
20240327535
2025016613
202631221339
This record is free. Keeping it free costs money.
Servers, data pipelines, weekends. Pay what you want — a dollar helps.
Chip in

The full timeline

Construction 7Enforcement 54Housing & tenants 254Ownership & money 27Health & systems 84

Every one of the 426 recorded events, 1979–2026, 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