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425 5 Avenue

4,488Records
19City systems
11Open violations
3.1Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Midtown-Times Square
Open in the map

4,488 recorded events, 1978–2026, from 19 city data systems. The city's paper trail here is mostly 3,529 ACRIS deeds & mortgages, 190 DOB permits, 190 311 service requests.

BoroughManhattan 10016
Built2003
Floors54
Res. units172
ClassRM
Owner (PLUTO)UNAVAILABLE OWNER
BBL1008687503
BIN1085975

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 53% 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 3.1. 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

Open HPD violations11 total — 1 class C (immediately hazardous), 5 class B, 5 class A. Oldest open since 2016-07-19.

status snapshot refreshed weekly from HPD records

Patterns

8 heat or hot-water complaints in the last three years (winter 2025–26: 4).

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

$53,750 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

54 service requests in the last three years. Most common: Noise (7) · Homeless Person Assistance (5) · Illegal Parking (5) · Vendor Enforcement (4) · HEAT/HOT WATER (4) · Dead/Dying Tree (3).

Filed construction activity

$2,923,100 in permitted construction work filed since 2016 (33 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 (2003)
YesSix or more residential units (172)
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)425 Fifth Avenue Condominium
Head officerArnie Lauri
Managing agentAKAM ASSOCIATES, INC.
Last registered2025-08-28

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$146,999 $66,149
2026$843,096 $379,393
2027$209,149 $94,117

The city's market estimate has risen 42% 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 $9,225,167 a year ($56.75 per sq ft), operating expenses $3,348,695 ($20.60 per sq ft), net operating income $5,876,472. 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 10/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)

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

SubwayGrand Central-42 St — 4 5 6 7 S · 950 ft straight-line (about a 5-minute walk) · station accessibility: full
42 St-Bryant Pk — 7 B D F M · 950 ft straight-line (about a 5-minute walk) · station accessibility: none
BusNearest boarding stop: 5 Av / W 38 St — M4 M5 · 150 ft
Citi BikeW 37 St & 5 Ave · 400 ft · station location as of 2026-09-23; live availability
Bike facilityProtected bike path mapped within 75 ft
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

425 5 Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

54 311 service requests from this address in the last three years — 4 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
2026-09-17Deed $2,875,000 — from TOLEDO, RUBEN to MAPA GROUP LLC $2,875,000
2026-09-10Sold for $1,900,000 $1,900,000 $11,047
2026-09-09Sold for $2,875,000 $2,875,000 $16,715
2026-07-15Deed $1,500,000 — from XIA, MIN to SAVKO, TRUSTEE, JAMES D; THE JAMES D. SAVKO REVOCABLE TRUST $1,500,000
2026-07-01Sold for $1,500,000 $1,500,000 $8,721
2026-06-09Deed $842,500 — from CHOI, INAH; MORI, INA AKIRA to CHENG, YA PING; HUANG, TZU-AN; HUANG, JOSPEH TZUPING; HUANG, TZUAN $842,500
2026-06-04Deed $920,000 — from PORTELA, CARMEN; PORTELA, RAMON to AMIT GUPTA AS CO-TRUSTEE; PALLAVI VAJRANABHAIAH AS CO-TRUSTEE; GUPTA-VAJRANABHAIAH REVOCAB $920,000
2026-05-29Sold for $842,500 $842,500 $4,898
2026-05-28Sold for $920,000 $920,000 $5,349
2026-03-25Deed $1,950,000 — from SRS POTOMAC, LLC to FORLINE, SAMUEL $1,950,000
2026-03-25Mortgage $1,657,500 — from FORLINE, SAMUEL to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS $1,657,500
2026-03-19Sold for $1,950,000 $1,950,000 $11,337
2026-03-02Deed $1,095,000 — from FUKUOKA, FUMIKO to 22F-FIFTH LLC $1,095,000
2026-02-17Sold for $1,095,000 $1,095,000 $6,366
2025-10-02Deed $1,130,000 — from ZAPATA, CESAR A; CARTER, HUNTER T to LEE, SEOJIN $1,130,000

Ten-year activity

2001000
115
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201716108810115
201813510715104
20196111955596
2020841241267
20213161133467
2022771426559
20236172033884
2024911343874
2025962626875
2026763034885
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The full timeline

Construction 345Enforcement 234Housing & tenants 223Ownership & money 3,629Health & systems 57

Every one of the 4,488 recorded events, 1978–2026, 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