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421 East 12 Street

331Records
16City systems
3Open violations
56.8Penalty rate
Manhattan · ZIP 10009 · Neighborhood: East Village
Open in the map

331 recorded events, 1983–2026, from 16 city data systems. The city's paper trail here is mostly 75 311 service requests, 49 ACRIS deeds & mortgages, 41 rodent inspections.

BoroughManhattan 10009
Built2001
Floors7
Res. units10
ClassD6
Owner (PLUTO)421E12 HOLDINGS LLC
BBL1004400049
BIN1006003

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 56.8. 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 violations3 total — 0 class C (immediately hazardous), 3 class B, 0 class A. Oldest open since 2024-04-28.

status snapshot refreshed weekly from HPD records

Patterns

10 heat or hot-water complaints in the last three years (winter 2024–25: 8).

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

What 311 hears from this address

16 service requests in the last three years. Most common: HEAT/HOT WATER (5) · Illegal Parking (3) · Elevator (2) · Special Projects Inspection Team (SPIT) (1) · UNSANITARY CONDITION (1) · Graffiti (1).

Filed construction activity

$100,000 in permitted construction work filed since 2016 (5 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

NoBuilt before 1974 (2001)
YesSix or more residential units (10)
No421-a / J-51 tax benefit on the current tax roll

1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. 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)421E12 HOLDINGS LLC
Head officerMichael Alavandi
Managing agentCUR MANAGEMENT LLC
Last registered2025-09-24

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,463,000 $1,558,350
2026$3,689,000 $1,660,050
2027$3,756,000 $1,690,200

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

Subway1 Av — L · 500 ft straight-line (about a 2-minute walk) · station accessibility: full
BusNearest boarding stop: 1 Av / E 11 St — M15 · 400 ft
Citi BikeE 13 St & Ave A · 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

421 East 12 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

16 311 service requests from this address in the last three years — 5 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 CUR MANAGEMENT LLC — 7 buildings, 173 units. Grades across the portfolio: A5 · B2. See the whole portfolio

BuildingBoroughUnitsGrade
244 West 72 Street MN88 B
326 Bedford Avenue BK32 A
416 West 49 Street MN15 A
418 West 49 Street MN14 A
421 East 12 Street MN10 B
511 East 6 Street MN8 A
143 Berry Street BK6 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,511,065 on 2018-06-18 (lender: Emerald Creek Capital 3, LLC), 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
2024-12-27Deed $6,000,000 — from CHERNY REALTY INC. to 421E12 HOLDINGS LLC $6,000,000
2024-12-27Agreement $5,900,000 — from 421E12 HOLDINGS LLC; 511E6 HOLDINGS LLC to NORTHEAST BANK $5,900,000
2024-12-27AL&R $5,900,000 — from 511E6 HOLDINGS LLC; 421E12 HOLDINGS LLC to NORTHEAST BANK $5,900,000
2024-12-18Sold for $6,000,000 $6,000,000 $600,000
2018-06-18AL&R $6,000,000 — from CHERNY REALTY INC.; CHERNY PROPERTIES INC. to EMERALD CREEK CAPITAL 3, LLC $6,000,000
2018-06-18SPRD $6,000,000 — from CHERNY REALTY INC.; CHERNY PROPERTIES INC. to EMERALD CREEK CAPITAL 3, LLC $6,000,000
2018-06-18Mortgage $1,511,065 — from CHERNY REALTY INC.; CHERNY PROPERTIES INC. to EMERALD CREEK CAPITAL 3, LLC $1,511,065
2013-04-29AL&R $2,900,000 — from CHERNY REALTY INC to SIGNATURE BANK $2,900,000
2013-04-29Agreement $2,900,000 — from CHERNY REALTY INC to SIGNATURE BANK $2,900,000
2013-04-29Mortgage $85,188 — from CHERNY REALTY INC to SIGNATURE BANK $85,188
2005-12-07Mortgage $1,387,755 — from CHERNY REALTY INC. to WASHINGTON MUTUAL BANK $1,387,755
2005-12-07Agreement $3,150,000 — from WASHINGTON MUTUAL BANK to CHERNY REALTY INC. $3,150,000
2003-04-18Mortgage $540,000 — from CHERNEY REALTY INC. to NORTH FORK BANK $540,000
2000-09-27Mortgage $1,310,000 — from CHERNY REALTY, INC. to NORTH FORK BANK $1,310,000
1997-03-17Mortgage $90,000 — from JOHN BLACK PLUMBING& HEATING, INC.; CZERNY, ZDZISLAW to BROTHERS ASSOCIATES; RUSSO, ALBERT $90,000

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
2024
35
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201723200227
201802127425
201901120417
2020004239
20210660315
20220113510
20230560213
202404125223
202544212435
2026002013
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The full timeline

Construction 16Enforcement 97Housing & tenants 114Ownership & money 50Health & systems 54

Every one of the 331 recorded events, 1983–2026, 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