Building Biography

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321 5 Avenue

7,320Records
21City systems
0Open violations
0.3Penalty rate

7,320 recorded events, 1988–2026, from 21 city data systems. The city's paper trail here is mostly 5,666 ACRIS deeds & mortgages, 356 311 service requests, 275 DOF property sales.

BoroughManhattan 10016
Built2005
Floors41
Res. units250
ClassRM
Owner (PLUTO)UNAVAILABLE OWNER
BBL1008627503
BIN1087309

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 90% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 0.3. In ZIP 10016, 71% of residential buildings hold an A and 4% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

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.

Patterns

2 heat or hot-water complaints in the last three years (winter 2025–26: 2).

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

What 311 hears from this address

52 service requests in the last three years. Most common: Noise (22) · Food Establishment (4) · Vendor Enforcement (3) · Illegal Parking (2) · Special Projects Inspection Team (SPIT) (2) · Taxi Complaint (2).

Filed construction activity

$2,554,236 in permitted construction work filed since 2016 (28 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

NoBuilt before 1974 (2005)
YesSix or more residential units (250)
No421-a / J-51 tax benefit on the current tax roll

1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. 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)325 Fifth Avenue Condominium
Head officerBERNARD GAWLEY
Managing agentAKAM ASSOCIATES, INC.
Last registered2025-08-25

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$357,912 $161,060
2026$0 $0
2027$625,171 $281,327

The city's market estimate has risen 75% between tax years 2025 and 2027.

For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $21,011,011 a year ($53.57 per sq ft), operating expenses $3,780,962 ($9.64 per sq ft), net operating income $17,230,049. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)D — ENERGY STAR score 46/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNO2FUEL
Facade (Local Law 11)SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)

Restaurants in this building

RestaurantCuisineGradeNotes
BonchonKoreanAMice evidence
Xing Fu Tang KtownCoffee/TeaA—

Report to 311: Food poisoning · Food safety complaint

2 restaurants · 1 with mice evidence · See them on the Mice Map

4 Food Establishment complaints to 311 at this address in the last three years (most often: No Permit or License, Bare Hands in Contact w/ Food, Food Worker Hygiene), shared by 2 restaurants · complaints filed by the public; DOHMH investigates, outcomes aren't published.

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

Subway33 St — 6 · 800 ft straight-line (about a 4-minute walk) · station accessibility: none
34 St-Herald Sq — B D F M N Q R W · 950 ft straight-line (about a 5-minute walk) · station accessibility: full
BusNearest boarding stop: E 32 St / 5 Av — M4 · 150 ft
Citi BikeE 33 St & 5 Ave · 100 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 116 Mary Lindley Murray
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.

Report a problem to 311

321 5 Avenue

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

52 311 service requests from this address in the last three years — 1 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.

The landlord's report card

Managed by AKAM ASSOCIATES, INC. — 372 buildings, 55,744 units. Grades across the portfolio: A328 · B33 · C5. See the whole portfolio

BuildingBoroughUnitsGrade
269 Grand Central Pkwy QN1844 A
333 East 30 Street MN1117 A
97-40 62 Drive QN1094 A
175 Adams Street BK1022 A
23-15 44th Drive QN802 A
1655 Flatbush Avenue BK634 B
345 West 58 Street MN586 A
73-50 Bell Boulevard QN583 B
340 West 57 Street MN576 A
460 Neptune Avenue BK572 A
440 Neptune Avenue BK572 A
213-06 75 Avenue QN567 B
140 West End Avenue MN561 A
205 West End Avenue MN543 A
2915 West 5 Street BK528 A
530 Grand Street MN525 A
4-74 48 Avenue QN522 A
15 West 72 Street MN493 A
61-25 98 Street QN492 A
6 West 16 Street MN481 A
312 East 42 Street MN459 A
150 West End Avenue MN454 A
180 West End Avenue MN452 A
76179 7 Avenue MN445 A
25 Tudor City Place MN443 A
99 John Street MN438 A
5700 Arlington Avenue BX437 A
5900 Arlington Avenue BX437 A
5800 Arlington Avenue BX435 A
5 East 22 Street MN423 A
61-15 98 Street QN420 B
185 Park Row MN420 A
392 Central Park West MN413 A
400 Central Park West MN413 A
25-40 Shore Boulevard QN409 A
15 Broad Street MN382 A
270 Greenwich Street MN381 A
301 East 40 Street MN359 A
22 North 6 Street BK359 A
2373 Broadway MN354 A
2681 Broadway MN345 B
160 West 66 Street MN343 A
225 Central Park West MN338 A
20 University Place MN323 A
87-10 204 Street QN296 A
301 West 57 Street MN295 A
415 East 52 Street MN287 A
200 East 27 Street MN280 B
120 Riverside Boulevard MN276 A
210-11 75 Avenue QN270 B
75-05 210 Street QN270 B
10 Park Avenue MN268 A
267 3 Avenue MN264 A
560 3 Avenue MN263 A
211 East 46 Street MN261 A
347 West 57 Street MN261 A
500 Grand Street MN258 A
101 Willoughby Street BK250 A
321 5 Avenue MN250 A
130 Lenox Avenue MN240 B

showing 60 of 372 buildings

Sales, deeds & mortgages

DateRecordAmountPer res. unit
2026-09-24CORRM $664,000 — from KIM, JAMES to MERS $664,000
2026-07-14Agreement $17,250,000 — from EMPIRE STATE RETAIL LLC to MORGAN STANLEY BANK, N.A. $17,250,000
2026-07-09Deed $17,000,000 — from 325 FIFTH AVE RETAIL LLC to EMPIRE STATE RETAIL LLC $17,000,000
2026-07-07Deed $1,065,000 — from HAKIMIAN, SAMMY; HAKIMIAN, PARVIZ; HAKIMIAN, MANIJEH to ZHUANG, YONG; FENG, LI $1,065,000
2026-06-30Sold for $17,000,000 $17,000,000 $68,000
2026-06-23Sold for $1,065,000 $1,065,000 $4,260
2026-06-09Deed $1,666,600 — from ROLAND DAVID KITSIS, AS TRUSTEE; KITSIS 325 FAMILY TRUST to 325 5TH 14C LLC $1,666,600
2026-05-29Deed $964,000 — from BAO, BICHUAN to KIM, JAMES $964,000
2026-05-29Mortgage $664,000 — from KIM, JAMES to MERS $664,000
2026-05-21Sold for $1,666,600 $1,666,600 $6,666
2026-05-14Sold for $964,000 $964,000 $3,856
2026-04-10Mortgage $1,575,000 — from PARK, YOUNG JIN; JHUNG, SARAH L to JPMORGAN CHASE BANK, N.A. $1,575,000
2026-04-10Deed $2,105,000 — from 325 FIFTH LLC to JHUNG, SARAH L; PARK, YOUNG JIN $2,105,000
2026-04-07Sold for $2,105,000 $2,105,000 $8,420
2026-03-05Deed $1,050,000 — from EEA STERLING FUND LTD to CHIANG, MENG TING $1,050,000

Ten-year activity

5002500
313
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20171526652007313
20181410561009189
2019811371044164
202015914802120
202117161711196
20227417900118
20231459935126
202491181294161
202590191324164
20264018747103
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The full timeline

Construction 381Enforcement 390Housing & tenants 560Ownership & money 5,941Health & systems 48

Every one of the 7,320 recorded events, 1988–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10016 · Landlord rankings · How grades work · The map · The Mice Map