229 recorded events, 1970–2026, from 12 city data systems. The city's paper trail here is mostly 61 311 service requests, 39 ACRIS deeds & mortgages, 27 DOB violations.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 88% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 1.2. In ZIP 10012, 65% of residential buildings hold an A and 5% grade D or F. How grades work
Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more
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.
No heat or hot-water complaints in the last three years.
2 bedbug-infested unit(s) reported in filings over the last three years.
5 service requests in the last three years. Most common: Noise (3) · Street Sign (1) · Graffiti (1).
$76,000 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.
| Yes | Built before 1974 (1905) |
| Yes | Six or more residential units (26) |
| No | 421-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 owner(s) | 609 REALTY, LLC & 574 REALTY, LLC |
| Head officer | LARRY FARKAS |
| Managing agent | FARKAS MANAGEMENT, LLC |
| Last registered | 2025-09-06 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $7,568,000 | $3,405,600 |
| 2026 | $8,174,000 | $3,678,300 |
| 2027 | $8,027,000 | $3,612,150 |
The city's market estimate has risen 6% between tax years 2025 and 2027.
| Heating fuel | NATURALGAS |
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.
| Subway | Spring St — C E · 750 ft straight-line (about a 4-minute walk) · station accessibility: partial (Downtown only) Prince St — R W · 950 ft straight-line (about a 5-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: West Houston St / West Broadway — M21 · 700 ft |
| Citi Bike | W Broadway & Spring St · 150 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 003 Charrette School Middle: M.S. 297. 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.
423 West Broadway
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Anything else | Anything else |
5 311 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.
Managed by FARKAS MANAGEMENT, LLC — 10 buildings, 319 units. Grades across the portfolio: A8 · B1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 93-10 Queens Boulevard | QN | 108 | A |
| 85-10 120 Street | QN | 71 | A |
| 227 West 105 Street | MN | 40 | A |
| 89-10 63 Drive | QN | 36 | A |
| 423 West Broadway | MN | 26 | A |
| 1311 3 Avenue | MN | 16 | A |
| 2135 Broadway | MN | 12 | A |
| 1593 York Avenue | MN | 8 | A |
| 265 Bleecker Street | MN | 2 | B |
| 103-19 Metropolitan Avenue | QN | 0 | — |
Most recent mortgage recorded against this lot: $600,000 on 2010-05-13 (lender: Capital One, N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2024-04-12 | Agreement $7,200,000 — from 574 REALTY LLC; 609 REALTY, LLC to SOHO FUNDING LLC | $7,200,000 | |
| 2012-03-07 | Agreement $6,800,000 — from 609 REALTY, LLC; 574 REALTY LLC to CAPITAL ONE, NATIONAL ASSOCIATION | $6,800,000 | |
| 2012-03-07 | AL&R $6,800,000 — from 574 REALTY, LLC; 609 REALTY LLC to CAPITAL ONE, NATIONAL ASSOCIATION | $6,800,000 | |
| 2010-05-13 | Agreement $7,400,000 — from 609 REALTY LLC; 574 REALTY LLC to CAPITAL ONE, N.A. | $7,400,000 | |
| 2010-05-13 | Mortgage $600,000 — from 609 REALTY LLC; 574 REALTY LLC to CAPITAL ONE, N.A. | $600,000 | |
| 2010-05-13 | Agreement $6,800,000 — from 609 REALTY LLC; 574 REALTY LLC to CAPITAL ONE, N.A. | $6,800,000 | |
| 2010-05-13 | AL&R $6,800,000 — from 574 REALTY LLC; 609 REALTY LLC to CAPITAL ONE, N.A. | $6,800,000 | |
| 2005-04-21 | Mortgage $7,400,000 — from 574 REALTY LLC; 609 REALTY LLC to NORTH FORK BANK | $7,400,000 | |
| 2005-04-21 | AL&R $7,400,000 — from 574 REALTY LLC; 609 REALTY LLC to NORTH FORK BANK | $7,400,000 | |
| 2005-04-21 | Deed $12,250,000 — from CASPI ASSOCIATES to 609 REALTY LLC; 574 REALTY LLC | $12,250,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 2 | 0 | 1 | 3 |
| 2018 | 3 | 1 | 11 | 0 | 4 | 19 |
| 2019 | 0 | 1 | 5 | 0 | 3 | 9 |
| 2020 | 0 | 2 | 15 | 0 | 1 | 18 |
| 2021 | 0 | 1 | 6 | 0 | 2 | 9 |
| 2022 | 2 | 0 | 7 | 0 | 2 | 11 |
| 2023 | 2 | 1 | 10 | 0 | 2 | 15 |
| 2024 | 0 | 0 | 2 | 4 | 2 | 8 |
| 2025 | 4 | 0 | 5 | 0 | 2 | 11 |
| 2026 | 0 | 0 | 0 | 0 | 3 | 3 |
Every one of the 229 recorded events, 1970–2026, 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