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587 1 Avenue

327Records
18City systems
3Open violations
0Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Murray Hill-Kips Bay
Open in the map

327 recorded events, 1967–2026, from 18 city data systems. The city's paper trail here is mostly 90 ACRIS deeds & mortgages, 75 311 service requests, 36 HPD complaints.

BoroughManhattan 10016
Built1930
Floors4
Res. units6
ClassC4
Owner (PLUTO)FIRST 34 REALTY LLC
BBL1009390034
BIN1085497

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 100% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 0. 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 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations3 total — 0 class C (immediately hazardous), 1 class B, 2 class A. Oldest open since 2010-06-21.

status snapshot refreshed weekly from HPD records

Patterns

No heat or hot-water complaints in the last three years.

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

What 311 hears from this address

8 service requests in the last three years. Most common: Noise (3) · Homeless Person Assistance (2) · Illegal Parking (2) · For Hire Vehicle Complaint (1).

Filed construction activity

No permitted work with a declared cost filed in the last decade. 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 (1930)
YesSix or more residential units (6)
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)FIRST 34 REALTY LLC
Head officerSTEVE TENEDIOS
Managing agentMCP PROPERTY MANAGEMENT LLC
Last registered2026-07-28

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,229,000 $1,003,050
2026$2,675,000 $1,203,750
2027$3,203,000 $1,441,350

The city's market estimate has risen 44% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Restaurants in this building

RestaurantCuisineGradeNotes
New York Bagels & CafeAmericanA—

Report to 311: Food poisoning · Food safety complaint

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

Flood exposure

In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.

Hurricane evacuation zone 2 of 6 — zone 1 evacuates first.

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

1 street-flooding or sewer-backup complaints at this address since 2014 (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 · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none
Grand Central-42 St — 4 5 6 7 S · 0.5 mi straight-line (about a 13-minute walk) · station accessibility: full
BusNearest boarding stop: E 34 St / 1 Av — M34-SBS · 150 ft · Select Bus Service
Citi BikeE 33 St & 1 Ave · 200 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

587 1 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

8 311 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.

The landlord's report card

Managed by MCP PROPERTY MANAGEMENT LLC — 25 buildings, 611 units. Grades across the portfolio: A18 · B6 · C1. See the whole portfolio

BuildingBoroughUnitsGrade
41-06 50 Street QN67 B
24-16 38 Avenue QN55 B
47-46 40 Street QN55 C
42-18 201 Street QN54 A
85-28 118 Street QN41 A
29-15 36 Avenue QN39 A
33-10 Crescent Street QN33 A
33-02 Crescent Street QN33 A
32-76 32 Street QN32 A
89-20 Park Lane South QN31 A
23-70 29 Street QN24 A
228 Avenue B MN21 A
343 East 65 Street MN20 A
341 East 65 Street MN20 A
39-09 47 Avenue QN16 A
639 2 Avenue MN13 A
589 1 Avenue MN12 B
41-05 35 Avenue QN8 B
591 1 Avenue MN6 A
99-31 42 Avenue QN6 A
587 1 Avenue MN6 A
593 1 Avenue MN6 B
127 East 60 Street MN6 A
35-21 190 Street QN4 A
637 2 Avenue MN3 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $6,669,323 on 2016-02-01 (lender: The Dime Savings Bank Of Williamsburgh), covering 4 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
2022-03-11EASE $2,065,000 — from FIRST KLP REALTY LLC; FIRST KLP REALTY LLC; FIRST 34 REALTY LLC; FIRST 34 REALTY LLC to T8 ULYSSES SITE MANAGEMENT LLC; T8 ULYSSES SITE MANAGEMENT LLC $2,065,000
2022-03-11EASE $2,065,000 — from FIRST KLP REALTY LLC; FIRST KLP REALTY LLC; FIRST 34 REALTY LLC; FIRST 34 REALTY LLC to T8 ULYSSES SITE MANAGEMENT LLC; T8 ULYSSES SITE MANAGEMENT LLC $2,065,000
2016-02-01Agreement $17,000,000 — from FIRST KLP REALTY LLC; FIRST 34 REALTY LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $17,000,000
2016-02-01AL&R $17,000,000 — from FIRST 34 REALTY LLC; FIRST KLP REALTY LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $17,000,000
2016-02-01Mortgage $6,669,324 — from FIRST KLP REALTY LLC; FIRST 34 REALTY LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $6,669,324
2013-01-22Agreement $11,000,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to 587-593 FIRST HOLDING LLC $11,000,000
2013-01-22AL&R $11,000,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to 587-593 FIRST HOLDING LLC $11,000,000
2013-01-22Mortgage $1,993,182 — from 587-593 FIRST HOLDING LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $1,993,182
2009-01-29AL&R $9,500,000 — from 587-593 FIRST HOLDING LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $9,500,000
2009-01-29Agreement $9,500,000 — from 587-593 FIRST HOLDING LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $9,500,000
2009-01-29Mortgage $1,006,717 — from 587-593 FIRST HOLDING LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $1,006,717
2006-02-08Mortgage $1,400,000 — from 587-593 FIRST HOLDING LLC to FIRST AVENUE AT 34TH STREET PARTNERS, L. $1,400,000
2006-02-08ASPM $6,300,000 — from 587-593 FIRST HOLDING LLC to CITIBANK, NA $6,300,000
2006-02-08Agreement $1,320,799 — from 587-593 FIRST HOLDING LLC to CITIBANK, NA $1,320,799
2006-02-08AL&R $1,320,799 — from CITIBANK, NA to 587-593 FIRST HOLDING LLC $1,320,799

Ten-year activity

20100
12
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20171100112
2018171312
201905016
202035019
202107018
202203317
202306017
202404026
2025050510
202601034
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The full timeline

Construction 32Enforcement 33Housing & tenants 148Ownership & money 90Health & systems 24

Every one of the 327 recorded events, 1967–2026, 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