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45 Crosby Street

533Records
19City systems
0Open violations
11.2Penalty rate
Manhattan · ZIP 10012 · Neighborhood: SoHo-Little Italy-Hudson Square
Open in the map

533 recorded events, 1968–2026, from 19 city data systems. The city's paper trail here is mostly 157 DOB permits, 103 DOB job filings, 89 ACRIS deeds & mortgages.

BoroughManhattan 10012
Built1895
Floors7
Res. units12
ClassD0
Owner (PLUTO)45-47 CROSBY ST TENANTS CORP
BBL1004820003
BIN1007208

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 59% 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 11.2. In ZIP 10012, 65% 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

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.

$11,250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

9 service requests in the last three years. Most common: General Construction/Plumbing (2) · Rodent (2) · Curb Condition (1) · Illegal Dumping (1) · Illegal Parking (1) · Sidewalk Condition (1).

Filed construction activity

$5,470,927 in permitted construction work filed since 2016 (44 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 (1895)
YesSix or more residential units (12)
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)45-47 Crosby Street Tenants Corp.
Head officerAdam Rapport
Managing agentPENINSULA PROPERTY MANAGEMENT
Last registered2025-12-01

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$10,265,000 $4,619,250
2026$11,010,000 $4,954,500
2027$12,733,000 $5,729,850

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

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $1,879,274 a year ($56.69 per sq ft), operating expenses $484,653 ($14.62 per sq ft), net operating income $1,394,621. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Heating fuelNATURALGAS
Facade (Local Law 11)SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 6 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

SubwaySpring St — 6 · 350 ft straight-line (about a 2-minute walk) · station accessibility: none
Prince St — R W · 900 ft straight-line (about a 4-minute walk) · station accessibility: none
BusNearest boarding stop: Broadway / Spring St — M1 M55 · 450 ft
Citi BikeCleveland Pl & Spring St · 350 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

45 Crosby 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

9 311 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 PENINSULA PROPERTY MANAGEMENT — 3 buildings, 58 units. Grades across the portfolio: A3. See the whole portfolio

BuildingBoroughUnitsGrade
55 Park Avenue MN32 A
514 West 24th Street MN14 A
45 Crosby Street MN12 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,206,777 on 2022-03-08 (lender: Investors Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2025-11-20RPTT&RET $3,600,000 — from BUXTON, ROBERT to SCHUHAM, ROBERT $3,600,000
2025-11-07Sold for $3,600,000 $3,600,000 $300,000
2025-08-01RPTT&RET $2,999,000 — from NIESTAT, EDWARD BRADLEY to ADLER, ANTHONY BEATTY $2,999,000
2025-07-16Sold for $2,999,000 $2,999,000 $249,917
2024-07-10RPTT&RET $1,450,000 — from CRANMER ART CONSERVATION, INC. to TERRA45CROSBY LLC $1,450,000
2024-06-28Sold for $1,450,000 $1,450,000 $120,833
2024-05-02RPTT&RET $5,175,000 — from KABANI, UNAIZ to OF SOUTH DAKOTA, AS TRUSTEE, BTC TRUST C; THE JAY BRADLEY LEVITT 1964 B. TRUST $5,175,000
2024-04-26Sold for $5,175,000 $5,175,000 $431,250
2022-07-18RPTT&RET $4,329,000 — from DECOURCY, COLLEEN to JEDDA, GEORGE $4,329,000
2022-06-30Sold for $4,329,000 $4,329,000 $360,750
2022-03-08AL&R $3,000,000 — from 45-47 CROSBY STREET TENANTS CORP to INVESTORS BANK $3,000,000
2022-03-08Agreement $3,000,000 — from 45-47 CROSBY STREET TENANTS CORP to INVESTORS BANK $3,000,000
2022-03-08Mortgage $1,206,777 — from 45-47 CROSBY STREET TENANTS CORP to INVESTORS BANK $1,206,777
2021-08-20RPTT&RET $3,495,000 — from ALBERT, GAVIN to POWERS, AVERILL L $3,495,000
2021-08-06Sold for $3,495,000 $3,495,000 $291,250

Ten-year activity

50250
2017
38
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201720019333
201826252338
201914074530
202012110115
202182106127
20224187222
2023111036
202416124225
202518334331
202615480330
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The full timeline

Construction 292Enforcement 45Housing & tenants 60Ownership & money 102Health & systems 34

Every one of the 533 recorded events, 1968–2026, 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