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425 3 Avenue

2,004Records
22City systems
50Open violations
11.2Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Murray Hill-Kips Bay
Open in the map

2,004 recorded events, 1900–2026, from 22 city data systems. The city's paper trail here is mostly 870 311 service requests, 512 HPD complaints, 132 HPD housing violations.

BoroughManhattan 10016
Built1967
Floors9
Res. units102
ClassD6
Owner (PLUTO)WOODYCREST REALTY OWNER LLC
BBL1009100061
BIN1019945

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 68% 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 11.2. 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 violations50 total — 3 class C (immediately hazardous), 32 class B, 15 class A. Oldest open since 2022-06-14.

status snapshot refreshed weekly from HPD records

Patterns

12 heat or hot-water complaints in the last three years (winter 2023–24: 4 · winter 2024–25: 2 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.

4
’23–24
2
’24–25
4
’25–26

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

What 311 hears from this address

186 service requests in the last three years. Most common: Noise (27) · PLUMBING (24) · UNSANITARY CONDITION (21) · General Construction/Plumbing (19) · PAINT/PLASTER (18) · For Hire Vehicle Complaint (11).

Filed construction activity

$878,484 in permitted construction work filed since 2016 (19 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

YesBuilt before 1974 (1967)
YesSix or more residential units (102)
No421-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 with HPD — the names behind the building

Registered owner(s)WOODYCREST REALTY OWNER LLC
Head officerMartin Scharf
Managing agent200 REALTY LLC
Last registered2025-09-23

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$19,585,000 $8,813,250
2026$21,845,000 $9,830,250
2027$22,466,000 $10,109,700

The city's market estimate has risen 15% between tax years 2025 and 2027.

Building systems

Energy grade (LL33)D — ENERGY STAR score 3/100, 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)

Restaurants in this building

RestaurantCuisineGradeNotes
H&H BagelsAmericanA—

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 0 with mice evidence · See them on the Mice Map

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.

2 street-flooding or sewer-backup complaints at this address since 2012 (0 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

Subway28 St — 6 · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: partial (Downtown only)
BusNearest boarding stop: 3 Av / E 29 St — M101 M102 M103 · 100 ft
Citi BikeE 31 St & 3 Ave · 400 ft · station location as of 2026-09-23; live availability
Bike facilityShared bike route 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 3 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

186 311 service requests from this address in the last three years — 6 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.

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $269,019 on 2025-06-11 (lender: Ladder Capital Finance LLC), covering 2 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.

DateRecordAmountPer res. unit
2025-06-11Mortgage $269,019 — from 225 EAST 6TH OWNER LLC; 200 REALTY OWNER LLC; 210 W 251 OWNER LLC; WOODYCREST REALTY OWNER to LADDER CAPITAL FINANCE LLC $269,019
2025-06-11Agreement $58,000,000 — from 200 REALTY OWNER LLC; WOODYCREST REALTY OWNER LLC; 225 EAST 6TH OWNER LLC; 210 W 251 OWNER to LADDER CAPITAL FINANCE LLC $58,000,000
2025-06-11AL&R $58,000,000 — from WOODYCREST REALTY OWNER LLC; 200 REALTY OWNER LLC; 210 W 251 OWNER LLC; 225 EAST 6TH OWNER to LADDER CAPITAL FINANCE LLC $58,000,000
2020-11-02Agreement $35,500,000 — from WOODYCREST REALTY LLC; 200 REALTY LLC to NEW YORK COMMUNITY BANK $35,500,000
2015-02-23Agreement $40,000,000 — from WOODYCREST REALTY LLC; 200 REALTY LLC to NEW YORK COMMUNITY BANK $40,000,000
2015-02-23AL&R $40,000,000 — from 200 REALTY LLC; WOODYCREST REALTY LLC to NEW YORK COMMUNITY BANK $40,000,000
2015-02-23Deed $68,250,000 — from BENCHMARK 425 L.P. to 200 REALTY LLC; WOODYCREST REALTY LLC $68,250,000
2015-02-23Mortgage $2,246,406 — from 200 REALTY LLC; WOODYCREST REALTY LLC to NEW YORK COMMUNITY BANK $2,246,406
2013-09-24AL&R $3,044,524 — from BENCHMARK 425 L.P. to ACRC LENDER ONE LLC $3,044,524
2013-09-24M&CON $3,044,524 — from BENCHMARK 425 L.P. to ACRC LENDER ONE LLC $3,044,524
2013-09-24AL&R $4,493,226 — from BENCHMARK 425 L.P. to ACRC LENDER ONE LLC $4,493,226
2013-09-24M&CON $4,493,226 — from BENCHMARK 425 L.P. to ACRC LENDER ONE LLC $4,493,226
2012-10-15Mortgage $3,488,750 — from BENCHMARK 425 L.P. to ACRC LENDER LLC $3,488,750
2012-10-15Mortgage $24,255,734 — from BENCHMARK 425 L.P. to ACRC LENDER LLC $24,255,734
2012-10-15Deed $44,000,000 — from 425 THIRD AVENUE REALTY CO.; ROSEN, HAROLD S to BENCHMARK 425 L.P.; 425 THIRD GP L.P. $44,000,000

Ten-year activity

1,0005000
2017
2018
2019
2020
2021
502
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201723430149
201824280741
201944510261
202054361349
202101380342
202221648202502
202352826702302
2024107681288
202501276102100
202652740586
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The full timeline

Construction 120Enforcement 228Housing & tenants 1,524Ownership & money 94Health & systems 38

Every one of the 2,004 recorded events, 1900–2026, 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