587 recorded events, 1989–2026, from 18 city data systems. The city's paper trail here is mostly 159 311 service requests, 129 DOB job filings, 74 ACRIS deeds & mortgages.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 65% 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 33.6. In ZIP 10012, 65% of residential buildings hold an A and 5% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 2 total — 2 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 2026-02-02. |
status snapshot refreshed weekly from HPD records
24 heat or hot-water complaints in the last three years (winter 2023–24: 6 · winter 2024–25: 2 · winter 2025–26: 14). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
56 service requests in the last three years. Most common: HEAT/HOT WATER (11) · For Hire Vehicle Complaint (6) · Noise (6) · Illegal Parking (5) · Street Condition (5) · Illegal Dumping (3).
$7,508,329 in permitted construction work filed since 2016 (56 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 (1900) |
| Yes | Six or more residential units (21) |
| 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) | Broadway Propco LLC |
| Head officer | Cord Ernst |
| Managing agent | TARGO Management LLC |
| Last registered | 2025-12-04 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $6,014,000 | $2,706,300 |
| 2026 | $6,248,000 | $2,811,600 |
| 2027 | $6,841,000 | $3,078,450 |
The city's market estimate has risen 14% between tax years 2025 and 2027.
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2021 estimate: gross income $1,542,463 a year ($33.96 per sq ft), operating expenses $493,715 ($10.87 per sq ft), net operating income $1,048,748. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | D — ENERGY STAR score 11/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NO2FUEL |
| Facade (Local Law 11) | SAFE (cycle 9) |
| Restaurant | Cuisine | Grade | Notes |
|---|---|---|---|
| Two Hands | Australian | A | — |
| Van Leeuwen Ice Cream | Frozen Desserts | A | — |
Report to 311: Food poisoning · Food safety complaint
2 restaurants · 0 with mice evidence · See them on the Mice Map
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.
2 street-flooding or sewer-backup complaints at this address since 2022 (1 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Bleecker St — 6 B D F M · 200 ft straight-line (about a 1-minute walk) · station accessibility: full Prince St — R W · 950 ft straight-line (about a 5-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Broadway / Bleecker St — M1 M55 · 200 ft |
| Citi Bike | Bleecker St & Crosby St · 100 ft · station location as of 2026-09-23; live availability |
| Bike facility | Painted bike lane mapped within 75 ft |
| 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.
640 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 |
| Food poisoning | Food poisoning |
| Food safety complaint | Food safety complaint |
| Anything else | Anything else |
56 311 service requests from this address in the last three years — 11 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.
Managed by TARGO MANAGEMENT — 22 buildings, 259 units. Grades across the portfolio: A6 · B10 · C2 · D3 · F1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 185 East Houston Street | MN | 31 | A |
| 640 Broadway | MN | 21 | B |
| 5 Spring Street | MN | 21 | C |
| 227 West 20 Street | MN | 20 | B |
| 96 Orchard Street | MN | 18 | A |
| 156 Orchard Street | MN | 16 | B |
| 661 Washington Street | MN | 15 | A |
| 126 1 Avenue | MN | 11 | A |
| 326 East 4 Street | MN | 10 | B |
| 519 East 6 Street | MN | 10 | B |
| 225 West 20 Street | MN | 10 | B |
| 328 East 4 Street | MN | 10 | B |
| 321 West 16 Street | MN | 10 | B |
| 184 Stanton Street | MN | 9 | C |
| 182 Stanton Street | MN | 8 | A |
| 186 Bleecker Street | MN | 8 | B |
| 153 Avenue C | MN | 8 | B |
| 201 2 Avenue | MN | 8 | A |
| 110 Reade Street | MN | 5 | D |
| 38 Carmine Street | MN | 5 | D |
| 111 Reade Street | MN | 4 | F |
| 41 8 Avenue | MN | 1 | D |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-09-11 | Deed $49,500,000 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to BROADWAY PROPCO LLC | $49,500,000 | |
| 2025-09-11 | Agreement $30,500,000 — from BROADWAY PROPCO LLC to CITIBANK, N.A. | $30,500,000 | |
| 2025-09-11 | Deed $49,500,000 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to BROADWAY PROPCO LLC | $49,500,000 | |
| 2025-09-11 | Agreement $30,500,000 — from BROADWAY PROPCO LLC to CITIBANK, N.A. | $30,500,000 | |
| 2025-09-05 | Sold for $49,500,000 | $49,500,000 | $2,357,143 |
| 2025-09-05 | Sold for $49,500,000 | $49,500,000 | $2,357,143 |
| 2025-09-05 | Sold for $49,500,000 | $49,500,000 | $2,357,143 |
| 2025-09-05 | Sold for $49,500,000 | $49,500,000 | $2,357,143 |
| 2023-09-21 | Agreement $33,000,000 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to BDS IV MORTGAGE CAPITAL B LLC | $33,000,000 | |
| 2023-09-21 | Agreement $33,000,000 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to BDS IV MORTGAGE CAPITAL B LLC | $33,000,000 | |
| 2017-01-11 | Agreement $48,470,000 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to PARLEX 3 FINANCE, LLC | $48,470,000 | |
| 2017-01-11 | Mortgage $26,768,436 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to PARLEX 3 FINANCE, LLC | $26,768,436 | |
| 2017-01-11 | AL&R $5,476,340 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to PARLEX 3 FINANCE, LLC | $5,476,340 | |
| 2017-01-11 | AL&R $48,470,000 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to PARLEX 3 FINANCE, LLC | $48,470,000 | |
| 2017-01-11 | Mortgage $5,476,340 — from 640 BROADWAY OWNERS SUBSIDIARY II LLC to PARLEX 3 FINANCE, LLC | $5,476,340 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 5 | 2 | 11 | 42 | 1 | 61 |
| 2018 | 11 | 2 | 9 | 0 | 1 | 23 |
| 2019 | 31 | 1 | 8 | 0 | 8 | 48 |
| 2020 | 23 | 2 | 8 | 0 | 1 | 34 |
| 2021 | 19 | 1 | 7 | 12 | 3 | 42 |
| 2022 | 0 | 1 | 41 | 0 | 2 | 44 |
| 2023 | 1 | 3 | 25 | 6 | 4 | 39 |
| 2024 | 11 | 1 | 26 | 2 | 4 | 44 |
| 2025 | 5 | 2 | 29 | 10 | 1 | 47 |
| 2026 | 1 | 0 | 21 | 0 | 3 | 25 |
Every one of the 587 recorded events, 1989–2026, 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