333 recorded events, 2005–2026, from 16 city data systems. The city's paper trail here is mostly 136 ACRIS deeds & mortgages, 54 311 service requests, 43 DOB job filings.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. More recorded distress than 54% 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 20. In ZIP 10013, 70% 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 | 22 total — 6 class C (immediately hazardous), 2 class B, 14 class A. Oldest open since 2018-10-14. |
status snapshot refreshed weekly from HPD records
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
$8,125 in enforcement penalties imposed (ECB/OATH) in the last three years.
29 service requests in the last three years. Most common: Illegal Parking (22) · Indoor Air Quality (2) · Noise (1) · Sewer (1) · Litter Basket Request (1) · Indoor Sewage (1).
$3,519,677 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.
| No | Built before 1974 (2009) |
| Yes | Six or more residential units (9) |
| Yes | 421-a / J-51 tax benefit on the current tax roll |
2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 471 WASHINGTON ST CONDOMINIUM |
| Head officer | BETH MARKOWITZ |
| Managing agent | MERLOT MANAGEMENT |
| Last registered | 2020-01-07 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $984,383 | $442,972 |
| 2026 | $1,660,838 | $747,377 |
| 2027 | $1,741,261 | $783,568 |
The city's market estimate has risen 77% between tax years 2025 and 2027.
Tax exemptions on the roll: 421A 10 YR NO CAP
| Heating fuel | NATURALGAS |
| Facade (Local Law 11) | SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 8) |
In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.
Hurricane evacuation zone 1 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
1 street-flooding or sewer-backup complaints at this address since 2013 (0 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 | Canal St — 1 · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none Spring St — C E · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: partial (Downtown only) |
| Bus | Nearest boarding stop: Spring St / Greenwich St — M21 · 500 ft |
| Citi Bike | Watts St & Greenwich St · 300 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 234 Independence 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.
471 Washington Street
| 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 |
29 311 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 MERLOT MANAGEMENT — 21 buildings, 308 units. Grades across the portfolio: A19 · B2. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 63 Cooper Square | MN | 36 | A |
| 431 West 121 Street | MN | 25 | A |
| 204 West 78 Street | MN | 20 | A |
| 522 West 50 Street | MN | 20 | A |
| 72 East 3 Street | MN | 20 | A |
| 520 West 50 Street | MN | 20 | A |
| 234 West 16 Street | MN | 20 | A |
| 19 West 105 Street | MN | 18 | A |
| 2373 Adam C Powell Blvd | MN | 17 | A |
| 14 East 96 Street | MN | 17 | A |
| 214 East 9 Street | MN | 14 | B |
| 529 West 147 Street | MN | 12 | B |
| 40 East 62 Street | MN | 11 | A |
| 350 West 48 Street | MN | 10 | A |
| 348 West 48 Street | MN | 10 | A |
| 471 Washington Street | MN | 9 | A |
| 762 10 Avenue | MN | 8 | A |
| 36 West 13 Street | MN | 7 | A |
| 91 East End Avenue | MN | 6 | A |
| 251 West 123 Street | MN | 5 | A |
| 164 Eldridge Street | MN | 3 | A |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-05-27 | Deed $3,750,000 — from 471 WASHINGTON STREET LLC to NON-EXEMPT MARTIAL TRUST U/T/A PRICE FAM; EDWARD CHASE PRICE, AS TRUSTEE; THE PRICE FAMILY | $3,750,000 | |
| 2026-05-11 | Deed $4,200,000 — from SAHAY, PARISA; SAHAY, RUDRABHISHEK to SCHEROTTER, NATHAN; SCHEROTTER, TESS | $4,200,000 | |
| 2026-05-11 | Sold for $3,750,000 | $3,750,000 | $416,667 |
| 2026-05-11 | Mortgage $950,000 — from SCHEROTTER, NATHAN; SCHEROTTER, TESS to WELLS FARGO BANK, N.A. | $950,000 | |
| 2026-04-24 | Sold for $4,200,000 | $4,200,000 | $466,667 |
| 2024-09-16 | Mortgage $1,500,000 — from 471 WASHINGTON STREET LLC to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS | $1,500,000 | |
| 2024-09-16 | Deed $4,000,000 — from SACHS, MATTHEW A to 471 WASHINGTON STREET LLC | $4,000,000 | |
| 2024-09-10 | Sold for $4,000,000 | $4,000,000 | $444,444 |
| 2024-03-25 | Agreement $12,675,000 — from PAUL GIDDINS AS TRUSTEE; THE 471A WASHINGTON TRUST; PAUL GIDDINS AS TRUSTEE; THE 471R WASH to JPMORGAN CHASE BANK, N.A. | $12,675,000 | |
| 2024-03-25 | Mortgage $2,100,000 — from THE 471A WASHINGTON TRUST; PAUL GIDDINS AS TRUSTEE; THE 471R WASHINGTON TRUST; PAUL GIDDIN to JPMORGAN CHASE BANK, N.A. | $2,100,000 | |
| 2024-03-25 | Deed $19,500,000 — from JAMES E. WEI, AS TRUSTEE; THE WASHINGTON PROPERTY TRUST DATED 8/2/ to THE 471A WASHINGTON TRUST; PAUL GIDDINS AS TRUSTEE; THE 471R WASHINGTON TRUST; PAUL GIDDIN | $19,500,000 | |
| 2024-03-20 | Sold for $19,500,000 | $19,500,000 | $2,166,667 |
| 2023-01-13 | Agreement $1,835,000 — from US ASSETS & PARTNERSHIPS LLC to FIRST REPUBLIC BANK | $1,835,000 | |
| 2023-01-13 | Agreement $3,500,000 — from US ASSETS & PARTNERSHIPS LLC to FIRST REPUBLIC BANK | $3,500,000 | |
| 2023-01-13 | Agreement $3,500,000 — from US ASSETS & PARTNERSHIPS LLC to FIRST REPUBLIC BANK | $3,500,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 10 | 5 | 3 | 0 | 2 | 20 |
| 2018 | 7 | 2 | 16 | 0 | 1 | 26 |
| 2019 | 0 | 2 | 8 | 9 | 0 | 19 |
| 2020 | 10 | 1 | 2 | 0 | 1 | 14 |
| 2021 | 0 | 3 | 4 | 5 | 0 | 12 |
| 2022 | 0 | 3 | 3 | 1 | 0 | 7 |
| 2023 | 0 | 0 | 2 | 6 | 0 | 8 |
| 2024 | 0 | 5 | 2 | 13 | 1 | 21 |
| 2025 | 6 | 0 | 18 | 0 | 0 | 24 |
| 2026 | 12 | 2 | 14 | 13 | 1 | 42 |
Every one of the 333 recorded events, 2005–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10013 · Landlord rankings · How grades work · The map · The Mice Map