654 recorded events, 1986–2026, from 17 city data systems. The city's paper trail here is mostly 184 ACRIS deeds & mortgages, 162 311 service requests, 72 DOB permits.
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 100% 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 0. In ZIP 10011, 68% 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
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.
No bedbug-infested units reported in the last three years of filings.
31 service requests in the last three years. Most common: Obstruction (15) · Encampment (6) · Blocked Driveway (4) · Illegal Parking (3) · For Hire Vehicle Complaint (1) · Noise (1).
$330,680 in permitted construction work filed since 2016 (12 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 (1920) |
| Yes | Six or more residential units (15) |
| 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) | 124-126 WEST 16TH STREET CONDOMINIUM |
| Head officer | Albert Aranbaev |
| Managing agent | FIRST CLASS MANAGEMENT, INC. |
| Last registered | 2026-06-26 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $976,594 | $439,468 |
| 2026 | $709,000 | $319,051 |
| 2027 | $1,104,728 | $497,128 |
The city's market estimate has risen 13% between tax years 2025 and 2027.
Tax exemptions on the roll: HOUSE OF WORSHIP
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $2,478,518 a year ($56.43 per sq ft), operating expenses $582,406 ($13.26 per sq ft), net operating income $1,896,113. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Heating fuel | NATURALGAS |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 6 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 | 14 St — 1 2 3 F L M · 350 ft straight-line (about a 2-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Avenue of the Americas / W 16 St — M7 · 400 ft |
| Citi Bike | W 15 St & 6 Ave · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: Sixth Avenue Elementary School Middle: J.H.S. 104 Simon Baruch. 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.
126 West 16 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 |
31 311 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 FIRST CLASS MANAGEMENT, INC. — 18 buildings, 201 units. Grades across the portfolio: A13 · B2 · C3. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 695 6 Avenue | BK | 33 | A |
| 106-20 70 Avenue | QN | 23 | A |
| 23 Bleecker Street | BK | 20 | A |
| 21-31 Shore Boulevard | QN | 18 | A |
| 126 West 16 Street | MN | 15 | A |
| 271 14th Street | BK | 13 | A |
| 717719 6th Avenue | BK | 12 | A |
| 4 Downing Street | BK | 10 | A |
| 186 Clinton Avenue | BK | 8 | A |
| 78 Laight Street | MN | 7 | A |
| 235 Malcolm X Boulevard | BK | 6 | B |
| 55 East 73 Street | MN | 6 | A |
| 84 Oak Street | BK | 6 | A |
| 473 Bainbridge Street | BK | 6 | B |
| 1196 Metropolitan Avenue | BK | 6 | A |
| 365 Atlantic Avenue | BK | 5 | C |
| 408 Greenwich Street | MN | 4 | C |
| 1171 Eastern Parkway | BK | 3 | C |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2024-05-13 | Deed $5,500,000 — from PARINI, MICHAEL; JANI, SHREYA to THE BROWN BIRD REALTY TRUST; FIRST INTERSTATE BANK, ADMINISTRATIVE TR; DONALD J. KYTE, IND | $5,500,000 | |
| 2024-05-02 | Sold for $5,500,000 | $5,500,000 | $366,667 |
| 2021-03-15 | Agreement $2,500,000 — from MIDFIRST BANK to EINHORN, YIANNES | $2,500,000 | |
| 2021-03-15 | Deed $2,500,000 — from 124 WEST 16 LLC to EINHORN, YIANNES | $2,500,000 | |
| 2021-03-15 | Agreement $2,500,000 — from MIDFIRST BANK to EINHORN, YIANNES | $2,500,000 | |
| 2021-03-15 | Deed $2,500,000 — from 124 WEST 16 LLC to EINHORN, YIANNES | $2,500,000 | |
| 2021-03-12 | Mortgage $2,778,750 — from TD GLAZBERG, LLC to JPMORGAN CHASE BANK, N.A. | $2,778,750 | |
| 2021-02-09 | Deed $11,390,000 — from 124 WEST 16 LLC to CHELSEA REAL ESTATE TRUST; MICHAEL S. ARLEIN, TRUSTEE | $11,390,000 | |
| 2021-01-28 | Sold for $11,390,000 | $11,390,000 | $759,333 |
| 2021-01-06 | Deed $3,200,000 — from 124 WEST 16 LLC to SAPRITSKY, VICTOR | $3,200,000 | |
| 2020-12-23 | Sold for $3,200,000 | $3,200,000 | $213,333 |
| 2020-12-17 | Deed $5,256,862 — from 124 WEST 16 LLC to BENAYLA PROPERTY HOLDINGS LLC | $5,256,863 | |
| 2020-11-24 | Deed $5,672,818 — from 124 WEST 16 LLC to TD GLAZBERG LLC | $5,672,818 | |
| 2020-11-20 | Deed $3,755,506 — from 124 WEST 16 LLC to ZABNYC PROPERTIES LLC | $3,755,506 | |
| 2020-11-19 | Deed $5,375,000 — from 124 WEST 16 LLC to JANI, SHERYA; PARINI, MICHAEL | $5,375,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 14 | 34 | 40 | 0 | 4 | 92 |
| 2018 | 12 | 3 | 12 | 0 | 4 | 31 |
| 2019 | 10 | 8 | 16 | 0 | 3 | 37 |
| 2020 | 10 | 2 | 17 | 159 | 2 | 190 |
| 2021 | 8 | 4 | 22 | 40 | 3 | 77 |
| 2022 | 5 | 2 | 11 | 0 | 0 | 18 |
| 2023 | 1 | 3 | 4 | 0 | 0 | 8 |
| 2024 | 0 | 0 | 11 | 6 | 1 | 18 |
| 2025 | 0 | 0 | 19 | 0 | 1 | 20 |
| 2026 | 0 | 0 | 3 | 0 | 1 | 4 |
Every one of the 654 recorded events, 1986–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10011 · Landlord rankings · How grades work · The map · The Mice Map