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172 Elizabeth Street

346Records
14City systems
0Open violations
7.5Penalty rate
Manhattan · ZIP 10012 · Neighborhood: SoHo-Little Italy-Hudson Square
Open in the map

346 recorded events, 1966–2026, from 14 city data systems. The city's paper trail here is mostly 62 311 service requests, 50 rodent inspections, 49 ECB/OATH violations.

BoroughManhattan 10012
Built1900
Floors4
Res. units4
ClassS4
Owner (PLUTO)172 ELIZABETH ST LLC
BBL1004780016
BIN1007135

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 82% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 7.5. In ZIP 10012, 65% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
C

Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

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

1 service requests in the last three years. Most common: Sidewalk Condition (1).

Filed construction activity

$1,080,500 in permitted construction work filed since 2016 (24 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)
NoSix or more residential units (4)
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)172 Elizabeth St
Head officerDavid Zahabian
Managing agentAKME PM LLC
Last registered2025-09-30

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,081,000 $936,450
2026$2,497,000 $1,123,650
2027$2,996,000 $1,348,200

The city's market estimate has risen 44% 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

SubwayBowery — J Z · 400 ft straight-line (about a 2-minute walk) · station accessibility: none
Spring St — 6 · 750 ft straight-line (about a 4-minute walk) · station accessibility: none
BusNearest boarding stop: Bowery / Spring St — M103 · 250 ft
Citi BikeKenmare St & Elizabeth St · 150 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 130 Hernando De Soto
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

172 Elizabeth 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

1 311 service request 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 AKME PM LLC — 23 buildings, 288 units. Grades across the portfolio: A10 · B3 · C5 · D3 · F1. See the whole portfolio

BuildingBoroughUnitsGrade
102 West 80 Street MN65 A
3536 Cambridge Avenue BX31 A
11 West 116th Street MN30 A
445 West 36 Street MN24 A
170 West 109 Street MN15 C
172 West 109 Street MN15 A
27 Prince Street MN14 A
211 West 85 Street MN13 B
4612 6 Avenue BK12 A
107 1 Avenue MN8 C
109 1 Avenue MN8 C
625 West End Avenue MN8 B
231 West 26 Street MN7 A
334 West 89 Street MN7 A
23 East 81 Street MN7 D
47 Grand Street BK4 C
174 Elizabeth Street MN4 F
172 Elizabeth Street MN4 B
14 West 11 Street MN4 A
170 Elizabeth Street MN3 D
105 1 Avenue MN3 C
271 Smith Street BK2 D
19 St Marks Place MN0 —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,504,516 on 2022-05-19 (lender: Bcb Community Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-05-19AL&R $3,425,000 — from 172 ELIZABETH ST LLC to BCB COMMUNITY BANK $3,425,000
2022-05-19Agreement $3,425,000 — from 172 ELIZABETH ST LLC to BCB COMMUNITY BANK $3,425,000
2022-05-19Mortgage $1,504,517 — from 172 ELIZABETH ST LLC to BCB COMMUNITY BANK $1,504,517
2019-08-09AL&R $578,000 — from 172 ELIZABETH ST LLC to ALPINE CAPITAL BANK $578,000
2019-08-09Agreement $578,000 — from 172 ELIZABETH ST LLC to ALPINE CAPITAL BANK $578,000
2019-08-09Mortgage $578,000 — from 172 ELIZABETH ST LLC to ALPINE CAPITAL BANK $578,000
2019-03-08AL&R $1,422,000 — from 172 ELIZABETH ST LLC to ALPINE CAPITAL BANK $1,422,000
2019-03-08Mortgage $1,422,000 — from 172 ELIZABETH ST LLC to ALPINE CAPITAL BANK $1,422,000
2019-03-08Deed $1,900,000 — from KOLODY, RUSSELL; MICHAEL R. NEWELL, AS GUARDIAN; KOLODY, RUSSEL to 172 ELIZABETH ST LLC $1,900,000
2019-02-28Sold for $1,900,000 $1,900,000 $475,000

Ten-year activity

100500
2017
2018
57
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201721060725
2018225110240
201912192101457
202091381233
202116430225
20222037214
20233280114
2024003014
2025002013
2026000011
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The full timeline

Construction 52Enforcement 102Housing & tenants 118Ownership & money 21Health & systems 53

Every one of the 346 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10012 · Landlord rankings · How grades work · The map · The Mice Map