2,138 recorded events, 2000–2026, from 16 city data systems. The city's paper trail here is mostly 1,526 ACRIS deeds & mortgages, 123 311 service requests, 107 DOF property sales.
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 83% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 2.2. In ZIP 10016, 71% of residential buildings hold an A and 4% grade D or F. How grades work
Among 17,252 25-99-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.
$2,500 in enforcement penalties imposed (ECB/OATH) in the last three years.
46 service requests in the last three years. Most common: Noise (16) · Encampment (7) · Dirty Condition (4) · Sewer (3) · Homeless Person Assistance (3) · Illegal Parking (3).
$4,071,660 in permitted construction work filed since 2016 (23 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 (2016) |
| Yes | Six or more residential units (72) |
| No | 421-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 owner(s) | 172 MADISON AVENUE CONDOMINIUM |
| Head officer | DANIEL BEKTESHI |
| Managing agent | MAXWELL-KATES, INC. |
| Last registered | 2025-10-16 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,828,620 | $822,879 |
| 2026 | $795,038 | $357,767 |
| 2027 | $822,428 | $370,093 |
The city's market estimate has fallen 55% 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 2021 estimate: gross income $9,319,632 a year ($61.38 per sq ft), operating expenses $2,143,910 ($14.12 per sq ft), net operating income $7,175,722. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Facade (Local Law 11) | UNSAFE — unsafe conditions reported (cycle 9) |
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.
| Subway | 33 St — 6 · 500 ft straight-line (about a 3-minute walk) · station accessibility: none 34 St-Herald Sq — B D F M N Q R W · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Madison Av / E 34 St — M3 M4 · 300 ft |
| Citi Bike | E 33 St & 5 Ave · 350 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.
172 Madison Avenue
| 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 |
46 311 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 MAXWELL-KATES INC. — 196 buildings, 14,349 units. Grades across the portfolio: A182 · B9 · C2 · F1. See the whole portfolio
showing 60 of 196 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-08-17 | Agreement $24,155,657 — from ARC 172 MADISON LLC to AXOS BANK | $24,155,657 | |
| 2026-08-17 | Mortgage $13,694,895 — from ARC 172 MADISON LLC to AXOS BANK | $13,694,895 | |
| 2026-08-17 | Mortgage $13,694,895 — from ARC 172 MADISON LLC to AXOS BANK | $13,694,895 | |
| 2026-08-17 | Agreement $24,155,657 — from ARC 172 MADISON LLC to AXOS BANK | $24,155,657 | |
| 2026-08-17 | Agreement $24,155,657 — from ARC 172 MADISON LLC to AXOS BANK | $24,155,657 | |
| 2026-08-17 | Agreement $24,155,657 — from ARC 172 MADISON LLC to AXOS BANK | $24,155,657 | |
| 2026-08-17 | Mortgage $13,694,895 — from ARC 172 MADISON LLC to AXOS BANK | $13,694,895 | |
| 2026-08-17 | Mortgage $13,694,895 — from ARC 172 MADISON LLC to AXOS BANK | $13,694,895 | |
| 2026-08-17 | Mortgage $13,694,895 — from ARC 172 MADISON LLC to AXOS BANK | $13,694,895 | |
| 2026-08-17 | Agreement $24,155,657 — from ARC 172 MADISON LLC to AXOS BANK | $24,155,657 | |
| 2026-08-17 | Agreement $24,155,657 — from ARC 172 MADISON LLC to AXOS BANK | $24,155,657 | |
| 2026-08-17 | Mortgage $13,694,895 — from ARC 172 MADISON LLC to AXOS BANK | $13,694,895 | |
| 2026-08-14 | Deed $1,810,000 — from ARCPE ADMINISTRATION, LLC, AS TRUSTEE; PALM AVENUE HIALEAH TRUST, A DE STATUTOR to PETRERA, MASSIMO; PETRERA, JULIE | $1,810,000 | |
| 2026-08-13 | Agreement $1,400,000 — from 4747 PARTNERS LLC to U.S. BANK NATIONAL ASSOCIATION | $1,400,000 | |
| 2026-08-13 | Mortgage $237,907 — from 4747 PARTNERS LLC to U.S. BANK NATIONAL ASSOCIATION | $237,907 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 25 | 23 | 8 | 409 | 1 | 466 |
| 2018 | 14 | 5 | 15 | 651 | 1 | 686 |
| 2019 | 4 | 0 | 21 | 22 | 5 | 52 |
| 2020 | 11 | 3 | 3 | 29 | 4 | 50 |
| 2021 | 4 | 2 | 4 | 44 | 5 | 59 |
| 2022 | 3 | 4 | 6 | 43 | 5 | 61 |
| 2023 | 8 | 6 | 11 | 17 | 5 | 47 |
| 2024 | 5 | 10 | 14 | 162 | 5 | 196 |
| 2025 | 6 | 1 | 22 | 11 | 6 | 46 |
| 2026 | 10 | 21 | 12 | 245 | 2 | 290 |
Every one of the 2,138 recorded events, 2000–2026, 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