378 recorded events, 1969–2026, from 12 city data systems. The city's paper trail here is mostly 137 HPD complaints, 84 311 service requests, 78 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 78% 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 74.7. In ZIP 10001, 68% of residential buildings hold an A and 6% 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 | 17 total — 3 class C (immediately hazardous), 5 class B, 9 class A. Oldest open since 2004-02-18. |
status snapshot refreshed weekly from HPD records
17 heat or hot-water complaints in the last three years (winter 2023–24: 5 · winter 2024–25: 2 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
12 service requests in the last three years. Most common: HEAT/HOT WATER (8) · DOOR/WINDOW (1) · Animal (1) · Illegal Parking (1) · Noise (1).
$118,600 in permitted construction work filed since 2016 (2 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 (1901) |
| Yes | Six or more residential units (18) |
| 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) | CHELSEA PARTNERS I, LLC |
| Head officer | ERIC A MARGULES |
| Managing agent | ROWDY MANAGEMENT |
| Last registered | 2025-08-29 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $3,021,000 | $1,359,450 |
| 2026 | $3,115,000 | $1,401,750 |
| 2027 | $3,429,000 | $1,543,050 |
The city's market estimate has risen 14% between tax years 2025 and 2027.
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 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 | 23 St — C E · 350 ft straight-line (about a 2-minute walk) · station accessibility: none 28 St — 1 · 750 ft straight-line (about a 4-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 8 Av / W 25 St — M20 · 300 ft |
| Citi Bike | W 26 St & 8 Ave · 300 ft · station location as of 2026-09-23; live availability |
| Bike facility | Protected bike path mapped within 75 ft |
| School zones (2024–25 map) | Elementary: P.S. 033 Chelsea Prep 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.
247 West 26 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 |
12 311 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.
Managed by ROWDY MANAGEMENT — 22 buildings, 360 units. Grades across the portfolio: A6 · B11 · C4 · D1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 86-50 77 Street | QN | 59 | B |
| 42-54 Judge Street | QN | 41 | C |
| 538 West 47 Street | MN | 20 | B |
| 247 West 26 Street | MN | 18 | B |
| 249 West 26 Street | MN | 18 | A |
| 43-39 42 Street | QN | 18 | D |
| 43-35 42 Street | QN | 17 | B |
| 49 Clinton Street | MN | 17 | A |
| 251 West 26 Street | MN | 16 | B |
| 787 9 Avenue | MN | 16 | B |
| 43 Clinton Street | MN | 16 | B |
| 139 West 28 Street | MN | 15 | A |
| 1500 1 Avenue | MN | 14 | B |
| 693 9 Avenue | MN | 12 | B |
| 123 East 7 Street | MN | 10 | A |
| 1502 1 Avenue | MN | 9 | A |
| 286 West 11 Street | MN | 8 | A |
| 401 East 78 Street | MN | 8 | C |
| 125 East 7 Street | MN | 8 | B |
| 29 St Marks Place | MN | 8 | C |
| 1381 Madison Street | BK | 6 | B |
| 185 Jefferson Street | BK | 6 | C |
Most recent mortgage recorded against this lot: $4,087,566 on 2019-05-17 (lender: Flushing Bank), covering 3 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.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2019-05-17 | Mortgage $4,087,566 — from CHELSEA PARTNERS I, LLC to FLUSHING BANK | $4,087,566 | |
| 2019-05-17 | AL&R $12,250,000 — from CHELSEA PARTNERS I, LLC to FLUSHING BANK | $12,250,000 | |
| 2019-05-17 | Agreement $12,250,000 — from CHELSEA PARTNERS I, LLC to FLUSHING BANK | $12,250,000 | |
| 2014-04-07 | Mortgage $2,593,601 — from CHELSEA PARTNERS I, LLC to FLUSHING BANK | $2,593,601 | |
| 2014-04-07 | Agreement $9,100,000 — from FLUSHING BANK to CHELSEA PARTNERS I, LLC | $9,100,000 | |
| 2014-04-07 | AL&R $9,100,000 — from CHELSEA PARTNERS I, LLC to FLUSHING BANK | $9,100,000 | |
| 2012-06-29 | Mortgage $250,000 — from CHELSEA PARTNERS I, LLC to FLUSHING SAVINGS BANK, FSB | $250,000 | |
| 2012-06-29 | AL&R $250,000 — from CHELSEA PARTNERS I, LLC to FLUSHING SAVINGS BANK, FSB | $250,000 | |
| 2012-02-16 | AL&R $6,500,000 — from CHELSEA PARTNERS I, LLC to FLUSHING SAVINGS BANK, FSB | $6,500,000 | |
| 2012-02-16 | Mortgage $405,953 — from CHELSEA PARTNERS I, LLC to FLUSHING SAVINGS BANK, FSB | $405,953 | |
| 2012-02-16 | Agreement $6,500,000 — from FLUSHING SAVINGS BANK, FSB to CHELSEA PARTNERS I, LLC | $6,500,000 | |
| 2009-06-05 | AL&R $2,100,000 — from CHELSEA PARTNERS I, LLC to NEW YORK COMMUNITY BANK | $2,100,000 | |
| 2009-06-05 | Mortgage $2,100,000 — from CHELSEA PARTNERS I, LLC to NEW YORK COMMUNITY BANK | $2,100,000 | |
| 2004-02-02 | Agreement $4,700,000 — from NEW YORK COMMUNITY BANK to CHELSEA PARTNERS I, LLC | $4,700,000 | |
| 2004-02-02 | Mortgage $715,858 — from CHELSEA PARTNERS I, LLC to NEW YORK COMMUNITY BANK | $715,858 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 1 | 0 | 0 | 1 |
| 2018 | 1 | 1 | 1 | 0 | 0 | 3 |
| 2019 | 3 | 2 | 3 | 6 | 0 | 14 |
| 2020 | 0 | 0 | 6 | 0 | 1 | 7 |
| 2021 | 0 | 0 | 15 | 0 | 0 | 15 |
| 2022 | 1 | 0 | 3 | 0 | 0 | 4 |
| 2023 | 0 | 0 | 3 | 0 | 0 | 3 |
| 2024 | 0 | 0 | 32 | 0 | 0 | 32 |
| 2025 | 0 | 1 | 2 | 1 | 0 | 4 |
| 2026 | 0 | 0 | 16 | 0 | 0 | 16 |
Every one of the 378 recorded events, 1969–2026, is laid out year by year in the full report (print-ready).
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