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718 2 Avenue

251Records
15City systems
1Open violations
7.8Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Murray Hill-Kips Bay
Open in the map

251 recorded events, 1977–2026, from 15 city data systems. The city's paper trail here is mostly 76 311 service requests, 50 ACRIS deeds & mortgages, 23 HPD complaints.

BoroughManhattan 10016
Built1910
Floors4
Res. units9
ClassC7
Owner (PLUTO)720 SECOND, LLC
BBL1009440055
BIN1021932, 1085014

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 66% 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 7.8. 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 violations1 total — 0 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2008-04-03.

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

15 service requests in the last three years. Most common: Noise (7) · Food Establishment (3) · Homeless Person Assistance (1) · Vendor Enforcement (1) · Illegal Parking (1) · Real Time Enforcement (1).

Filed construction activity

$226,356 in permitted construction work filed since 2016 (11 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 (1910)
YesSix or more residential units (9)
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)720 SECOND LLC
Head officerYEPREM NAZARIAN
Managing agentVILLAGE DWELLINGS INC
Last registered2025-12-09

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,602,000 $1,170,900
2026$2,981,000 $1,341,450
2027$3,554,000 $1,599,300

The city's market estimate has risen 37% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Restaurants in this building

RestaurantCuisineGradeNotes
El Pote RestaurantSpanishGrade PendingMice evidence

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 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: Letter Grading, Bare Hands in Contact w/ Food) · complaints filed by the public; DOHMH investigates, outcomes aren't published.

Flood exposure

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

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

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 · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full
BusNearest boarding stop: 2 Av / E 39 St — M15 · 100 ft
Citi BikeE 39 St & 2 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

718 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

15 311 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 VILLAGE DWELLINGS INC — 24 buildings, 332 units. Grades across the portfolio: A14 · B3 · C5 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
2316 Amsterdam Avenue MN43 A
33 Bank Street MN29 A
3551 Broadway MN28 B
414 East 73 Street MN22 A
68 Cabrini Boulevard MN21 A
156 Prince Street MN20 A
196 West 10 Street MN20 A
158 West 15 Street MN20 A
28 Charles Street MN20 A
227 East 11 Street MN19 A
164 East 78 Street MN15 A
303 West 106 Street MN12 B
336 East 22 Street MN9 A
718 2 Avenue MN9 A
208 East 32 Street MN8 A
221 St James Place BK6 A
12 Bank Street MN5 B
32 Bank Street MN5 C
219 West 13 Street MN5 C
210 East 32 Street MN5 C
280 West 11 Street MN5 D
265 West 11 Street MN5 C
223 West 11 Street MN1 C
103 East 29 Street MN0 —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $74,900,000 on 2004-04-22 (lender: Fannie Mae), covering 3 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
2013-04-09Agreement $70,000,000 — from ASN SONOMA LLC; TISHMAN SPEYER ARCHSTONE-SMITH EAST 39TH; ARCHSTONE EAST 39TH STREET LP; 3 to THE BANK OF NEW YORK MELLON; THE BANK OF NEW YORK; FANNIE MAE $70,000,000
2013-04-09Agreement $70,000,000 — from 39TH STREET ASSOCIATES, L.L.C.; TISHMAN SPEYER ARCHSTONE-SMITH EAST 39TH; ARCHSTONE EAST 3 to FANNIE MAE $70,000,000
2008-02-05Agreement $72,200,000 — from TISHMAN SPEYER ARCHSTONE-SMITH EAST 39TH to FANNIE MAE; THE BANK OF NEW YORK $72,200,000
2008-02-05Agreement $72,200,000 — from TISHMAN SPEYER ARCHSTONE-SMITH EAST 39TH to FANNIE MAE $72,200,000
2004-04-22Deed $125,490,000 — from 39TH STREET ASSOCIATES, LLC to ASN SONOMA, LLC $125,490,000
2004-04-22Agreement $74,900,000 — from ASN SONOMA, LLC to FANNIE MAE; BANK OF NEW YORK $74,900,000
2004-04-22Mortgage $74,900,000 — from ASN SONOMA, LLC to FANNIE MAE $74,900,000
2002-01-02Mortgage $75,500,000 — from 39TH STREET ASSOCIATES, L.L.C. to FANNIE MAE $75,500,000
2002-01-02Mortgage $75,500,000 — from 39TH STREET ASSOCIATES, L.L.C. to NEW YORK STATE HOUSING FINANCE AGENCY $75,500,000
1999-12-15Mortgage $77,400,000 — from 39TH STREET ASSOCIATES, L.L.C. to NEW YORK STATE HOUSING FIANCE AGENCY $77,400,000

Ten-year activity

50250
2017
2018
2019
26
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsHealth & systemsTotal
201702428
2018406313
201900819
20200123226
20211814023
202203609
2023038213
20240412420
202500325
202600336
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The full timeline

Construction 34Enforcement 29Housing & tenants 113Ownership & money 50Health & systems 25

Every one of the 251 recorded events, 1977–2026, 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