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471 3 Avenue

1,524Records
18City systems
0Open violations
1.7Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Murray Hill-Kips Bay
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1,524 recorded events, 1900–2026, from 18 city data systems. The city's paper trail here is mostly 686 311 service requests, 173 HPD complaints, 117 DOB permits.

BoroughManhattan 10016
Built1972
Floors33
Res. units300
ClassD6
Owner (PLUTO)PLAZA REALTY INVESTORS, DE 1, LLC
BBL1009130001
BIN1020078

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GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 65% 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 1.7. 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 2024–25: 2).

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

$5,000 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

100 service requests in the last three years. Most common: Noise (27) · Encampment (13) · For Hire Vehicle Complaint (9) · Animal (9) · UNSANITARY CONDITION (6) · Elevator (6).

Filed construction activity

$3,561,461 in permitted construction work filed since 2016 (48 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 (1972)
YesSix or more residential units (300)
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)LAURENCE TOWERS COMPANY LLC
Head officerLAURENCE T GINSBERG
Managing agentALGIN MANAGEMENT CO LLC
Last registered2026-07-23

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$76,642,000 $34,488,900
2026$85,442,000 $38,448,900
2027$94,775,000 $42,648,750

The city's market estimate has risen 24% between tax years 2025 and 2027.

Building systems

Energy grade (LL33)D — ENERGY STAR score 37/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

4 street-flooding or sewer-backup complaints at this address since 2010 (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

Subway33 St — 6 · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: none
BusNearest boarding stop: 3 Av / E 33 St — M102 M103 BxM1 · 150 ft
Citi BikeE 31 St & 3 Ave · 400 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

471 3 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

100 311 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 ALGIN MANAGEMENT CO LLC — 20 buildings, 2,494 units. Grades across the portfolio: A18 · B2. See the whole portfolio

BuildingBoroughUnitsGrade
300 Mercer Street MN480 A
242 West 53 Street MN426 A
229 West 60 Street MN301 A
471 3 Avenue MN300 A
120 East 34 Street MN259 A
145 East 27 Street MN174 A
400 East 66 Street MN127 A
108 East 96 Street MN112 A
463 Central Park West MN66 A
530 2 Avenue MN51 A
330 East 85 Street MN45 A
148 East 30 Street MN39 A
242 West 61 Street MN27 A
138 East 96 Street MN17 B
147 East 95 Street MN15 A
128 East 96 Street MN15 A
130 East 96 Street MN15 A
136 East 96 Street MN10 A
132 East 96 Street MN8 A
134 East 96 Street MN7 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $40,000,000 on 2013-06-25 (lender: Hsh Nordbank Ag, New York Branch), covering 27 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
2025-07-02AL&R $325,000,000 — from 400 EAST 66TH ST. CO. LLC; LAURENCE TOWERS COMPANY LLC; HILARY GARDENS COMPANY LLC; EAST 9 to NEW YORK LIFE INSURANCE COMPANY $325,000,000
2025-07-02Agreement $325,000,000 — from LAURENCE TOWERS COMPANY LLC; HILARY GARDENS COMPANY LLC; PLAZA REALTY INVESTORS DE 1, LLC; to NEW YORK LIFE INSURANCE COMPANY $325,000,000
2013-06-25Agreement $233,000,000 — from RICHELIEU GARDENS CO., LLC; 148 EAST 30TH STREET CO. LLC; 315 EAST 21ST STREET CO. LLC; 13 to HSH NORDBANK AG, NEW YORK BRANCH $233,000,000
2013-06-25Mortgage $40,000,000 — from 40-40 79TH STREET CO. LLC; 133-17 SANFORD AVENUE CO., LLC; 315 EAST 21ST STREET CO. LLC; 1 to HSH NORDBANK AG, NEW YORK BRANCH $40,000,000
2013-06-25M&CON $210,000,000 — from 400 EAST 66TH ST. CO. LLC; HILARY GARDENS COMPANY LLC; EAST 96TH STREET PARK VIEW ASSOCIAT to NEW YORK LIFE INSURANCE COMPANY $210,000,000
2013-06-25AL&R $210,000,000 — from EAST 96TH STREET PARK VIEW ASSOCIATES, L; HILARY GARDENS COMPANY LLC; 400 EAST 66TH ST. CO to NEW YORK LIFE INSURANCE COMPANY $210,000,000
2006-07-03Agreement $30,100,000 — from HILARY GARDENS COMPANY LLC; 530 SECOND AVENUE CO., LLC; EAST 96TH STREET CO., LLC; 132-25 to CALYON NEW YORK BRANCH - SUCCESSOR; CREDIT LYONNAIS NEW YORK BRANCH $30,100,000
2006-07-03AL&R $233,000,000 — from HSH NORDBANK AG, NEW YORK BRANCH to 40-40 79TH STREET CO., LLC; RICHELIEU GARDENS CO., LLC; 148 EAST 30TH STREET CO., LLC; 132 $233,000,000
2006-07-03Agreement $233,000,000 — from 530 SECOND AVENUE CO., LLC; EAST 96TH STREET PARK VIEW ASSOCIATES, L; 120 EAST 34TH STREET to HSH NORDBANK AG, NEW YORK BRANCH $233,000,000
2006-07-03Agreement $30,100,000 — from 120 EAST 34TH STREET CO., LLC; 145 EAST 27TH STREET CO., LLC; LAURENCE TOWERS COMPANY LLC; to CREDIT LYONNAIS NEW YORK BRANCH; CALYON NEW YORK BRANCH - SUCCESSOR $30,100,000
2002-09-05Mortgage $28,000,000 — from PARK VIEW ASSOCIATES; 148 EAST 30TH STREETCO. LLC; 56-11 94TH STREET CO, LLC.; LAURENCE TO to CREDIT LYONNAIS NEWYORK BRANCH $28,000,000
2001-10-04Mortgage $13,046,507 — from 315 EAST 21ST STREETCO. LLC; 330 EAST 85TH STREETCO. LLC; 461 CENTRAL PARK WEST CO. LLC; E to CREDIT LYONNAIS NEWYORK BRANCH $13,046,507
2001-10-04Mortgage $9,903,514 — from 132-25 MAPLE AVENUECO., LLC; 41-40 DENMAN STREETCO., LLC; 40-40 79TH STREET CO., LLC; SANF to CREDIT LYONNAIS NEWYORK BRANCH $9,903,514
2001-07-19Mortgage $5,600,000 — from LAURENCE TOWERS COMPANY LLC to CREDIT LYONNAIS NEWYORK BRANCH $5,600,000
2001-07-19Mortgage $10,000,000 — from 120 EAST 34TH STREETCO. LLC; PARK VIEW ASSOCIATES; 145 EAST 27TH STREET; HILARY GARDENS CO to CREDIT LYONNAIS NEWYORK BRANCH $10,000,000

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
127
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017014490164
2018109430567
20191211630793
2020254480683
2021312670688
2022511350556
202326217307127
202445400251
2025105373661
202603240027
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The full timeline

Construction 199Enforcement 263Housing & tenants 897Ownership & money 109Health & systems 56

Every one of the 1,524 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