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247 Elizabeth Street

971Records
16City systems
32Open violations
341.9Penalty rate
Manhattan · ZIP 10012 · Neighborhood: SoHo-Little Italy-Hudson Square
Open in the map

971 recorded events, 1900–2026, from 16 city data systems. The city's paper trail here is mostly 283 311 service requests, 246 HPD complaints, 211 HPD housing violations.

BoroughManhattan 10012
Built1910
Floors5
Res. units16
ClassC7
Owner (PLUTO)247-251 OPERATING CORP
BBL1005080038
BIN1007902

Full record, year by year   Support this site

GRADE D

A sustained record of distress well beyond its peers. More recorded distress than 95% 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 341.9. 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

Open HPD violations32 total — 7 class C (immediately hazardous), 14 class B, 11 class A. Oldest open since 2016-11-05.

status snapshot refreshed weekly from HPD records

Patterns

16 heat or hot-water complaints in the last three years (winter 2023–24: 4 · winter 2024–25: 10 · winter 2025–26: 2). Repeated winter clusters suggest a chronic heating problem.

4
’23–24
10
’24–25
2
’25–26

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

$12,500 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

88 service requests in the last three years. Most common: PAINT/PLASTER (17) · PLUMBING (16) · HEAT/HOT WATER (8) · UNSANITARY CONDITION (8) · Rodent (7) · ELECTRIC (5).

Filed construction activity

$457,300 in permitted construction work filed since 2016 (10 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 (1910)
YesSix or more residential units (16)
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)247-251 OPERATING CORP
Head officerBENJAMIN WAI
Managing agentCHUN H WAI
Last registered2026-07-23

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,067,000 $930,150
2026$1,878,000 $845,100
2027$1,765,000 $794,250

The city's market estimate has fallen 15% between tax years 2025 and 2027.

Restaurants in this building

RestaurantCuisineGradeNotes
T ShopNot yet graded—

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

SubwayBleecker St — 6 B D F M · 600 ft straight-line (about a 3-minute walk) · station accessibility: full
BusNearest boarding stop: Bowery / East Houston St — M103 · 350 ft
Citi BikeMott St & Prince St · 250 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

247 Elizabeth 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

88 311 service requests from this address in the last three years — 8 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: $7,898,136 on 2017-02-06 (lender: New York Community Bank), 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
2023-02-15AL&R $8,600,000 — from 247-251 OPERATING CORP. to WEBSTER BANK $8,600,000
2023-02-15Agreement $8,600,000 — from 247-251 OPERATING CORP. to WEBSTER BANK $8,600,000
2017-02-06Agreement $12,500,000 — from 247-251 OPERATING CORP. to NEW YORK COMMUNITY BANK $12,500,000
2017-02-06Mortgage $7,898,136 — from 247-251 OPERATING CORP. to NEW YORK COMMUNITY BANK $7,898,136
2012-06-20AL&R $5,100,000 — from 247-251 OPERATING CORP. to JPMORGAN CHASE BANK N.A. $5,100,000
2012-06-20Agreement $5,100,000 — from 247-251 OPERATING CORP. to JPMORGAN CHASE BANK N.A. $5,100,000
2012-06-20Mortgage $912,955 — from 247-251 OPERATING CORP. to JPMORGAN CHASE BANK N.A. $912,955
2007-06-12Mortgage $1,736,271 — from 247-51 OPERATING CORP to NEW YORK COMMUNITY BANK $1,736,271
2007-06-12Agreement $4,500,000 — from 247-51 OPERATING CORP to NEW YORK COMMUNITY BANK $4,500,000
2002-01-29Mortgage $1,507,468 — from 247-251 OPERATING CORP. to NEW YORK COMMUNITY BANK $1,507,468
1998-07-09Mortgage $751,669 — from 247-251 OPERATING CORP. to DIME SAVINGS BANK OFWILLIAMSBURGH $751,669
1993-01-14Mortgage $410,000 — from 247-251 OPERATING CORP. to MANHATTAN SAVINGS BANK $410,000
1992-12-31Mortgage $134,710 — from 247-251 OPERATING CORP to MANHATTAN SAVINGS BANK $134,710
1990-07-30Mortgage $244,702 — from 247-251 OPERATING CORP to CITY & SUB FED SVGSBK $244,702
1987-04-17Mortgage $249,500 — from 247-251 OPERATING CORP. to CHINESE AMERICAN BANK $249,500

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
2023
185
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700453149
201801430145
201900510859
202008170025
202145160126
20220138601100
20230413931147
20242218001185
20251415640396
202610130115
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The full timeline

Construction 44Enforcement 83Housing & tenants 770Ownership & money 49Health & systems 25

Every one of the 971 recorded events, 1900–2026, 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