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500 2 Avenue

6,510Records
23City systems
15Open violations
4.9Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Murray Hill-Kips Bay
Open in the map

6,510 recorded events, 1966–2026, from 23 city data systems. The city's paper trail here is mostly 2,480 311 service requests, 836 DOB permits, 754 DOB complaints.

BoroughManhattan 10016
Built1975
Floors28
Res. units894
ClassD6
Owner (PLUTO)BPP KIPS BAY HOLDING LLC
BBL1009340001
BIN1082729, 1082730, 1082731, 1082732, 1082733, 1082734, 1082735, 1082736

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. More recorded distress than 55% 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 4.9. 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 violations15 total — 1 class C (immediately hazardous), 6 class B, 8 class A. Oldest open since 2024-06-05.
Active vacate order1 unit(s) under an unrescinded HPD vacate order

status snapshot refreshed weekly from HPD records

Patterns

43 heat or hot-water complaints in the last three years (winter 2023–24: 6 · winter 2024–25: 6 · winter 2025–26: 31). Repeated winter clusters suggest a chronic heating problem.

6
’23–24
6
’24–25
31
’25–26

2 bedbug-infested unit(s) reported in filings over the last three years.

$31,250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

568 service requests in the last three years. Most common: General Construction/Plumbing (260) · Noise (67) · HEAT/HOT WATER (21) · UNSANITARY CONDITION (15) · Illegal Parking (14) · PAINT/PLASTER (11).

Filed construction activity

$80,943,844 in permitted construction work filed since 2016 (600 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 (1975)
YesSix or more residential units (894)
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)BPP KIPS BAY HOLDING LLC
Head officerSTEPHANIE A SARPONG-APPIAh
Managing agentSTEVEN GREGWARE
Last registered2026-01-16

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$245,559,000 $110,501,550
2026$276,248,000 $124,311,600
2027$286,290,000 $128,830,500

The city's market estimate has risen 17% between tax years 2025 and 2027.

Building systems

Energy grade (LL33)D — ENERGY STAR score 29/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 10)

Restaurants in this building

RestaurantCuisineGradeNotes
DunkinAmericanA—
Patrizia's of BrooklynItalianAMice evidence

Report to 311: Food poisoning · Food safety complaint

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

3 Food Establishment complaints to 311 at this address in the last three years (most often: Food Contains Foreign Object, Food Protection, Rodents/Insects/Garbage), 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.

1 street-flooding or sewer-backup complaints at this address since 2013 (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 · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: partial (Downtown only)
BusNearest boarding stop: 2 Av / E 28 St — M15-SBS · 200 ft · Select Bus Service
Citi Bike2 Ave & E 29 St · 400 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: The River School
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

500 2 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

568 311 service requests from this address in the last three years — 21 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: $31,667,000 on 2023-08-03 (lender: Wells Fargo Bank, National Association). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2023-08-03Mortgage $31,667,000 — from BPP KIPS BAY HOLDING LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION $31,667,000
2023-08-03Agreement $352,000,000 — from BPP KIPS BAY HOLDING LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION $352,000,000
2018-09-04Mortgage $27,831,000 — from BPP KIPS BAY HOLDING LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION $27,831,000
2016-12-13Deed $620,000,000 — from BELLEVUE SOUTH ASSOCIATES, L.P. to BPP KIPS BAY HOLDING LLC $620,000,000
2016-12-13Mortgage $92,402,000 — from BPP KIPS BAY HOLDING LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION $92,402,000
2016-12-13ASPM $200,100,000 — from BPP KIPS BAY HOLDING LLC; BELLEVUE SOUTH ASSOCIATES, L.P.; BPP KIPS BAY LOWER REIT INC. to FANNIE MAE $200,100,000
2016-12-08Sold for $620,000,000 $620,000,000 $693,512
2014-11-15RPTT $69,852,905 — from MACQUARIE NEW YORK PARKING 2 LLC; MACQUARIE NEW YORK PARKING 2 LLC to CITIZENS ICON HOLDINGS, LLC; CITIZENS ICON HOLDINGS, LLC $69,852,905
2014-11-15RPTT $69,852,905 — from MACQUARIE NEW YORK PARKING 2 LLC; MACQUARIE NEW YORK PARKING 2 LLC to CITIZENS ICON HOLDINGS, LLC; CITIZENS ICON HOLDINGS, LLC $69,852,905
2014-11-15RPTT $69,852,905 — from MACQUARIE NEW YORK PARKING 2 LLC; MACQUARIE NEW YORK PARKING 2 LLC to CITIZENS ICON HOLDINGS, LLC; CITIZENS ICON HOLDINGS, LLC $69,852,905
2014-11-15RPTT $69,852,905 — from MACQUARIE NEW YORK PARKING 2 LLC; MACQUARIE NEW YORK PARKING 2 LLC to CITIZENS ICON HOLDINGS, LLC; CITIZENS ICON HOLDINGS, LLC $69,852,905
2013-08-27Agreement $200,100,000 — from BELLEVUE SOUTH ASSOCIATES, L.P. to WELLS FARGO BANK, NATIONAL ASSOCIATION $200,100,000
2013-08-27Mortgage $110,100,000 — from BELLEVUE SOUTH ASSOCIATES, L.P. to WELLS FARGO BANK, NATIONAL ASSOCIATION $110,100,000
2006-03-24RPTT $362,419,501 — from TMO PARENT LLC to MACQUARIE NEW YORK PARKING 3 LLC; MACQUARIE NEW YORK PARKING 2 LLC $362,419,501
2004-09-03Agreement $90,000,000 — from BELLEVUE SOUTH ASSOCIATES, L.P. to MANUFACTURERS AND TRADERS TRUST COMPANY $90,000,000

Ten-year activity

1,0005000
2017
2018
2019
2020
804
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20171112815201292
20181886620438469
201912388244013468
20208822848105802
2021204182407011804
202214717132030326
202318152143714397
20241648930207562
20257436186012308
20269820250010378
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The full timeline

Construction 1,604Enforcement 1,148Housing & tenants 3,535Ownership & money 59Health & systems 164

Every one of the 6,510 recorded events, 1966–2026, 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