1,160 recorded events, 1966–2026, from 16 city data systems. The city's paper trail here is mostly 465 HPD complaints, 251 311 service requests, 234 HPD housing violations.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. More recorded distress than 58% 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 23.4. In ZIP 10036, 62% of residential buildings hold an A and 6% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 2 total — 1 class C (immediately hazardous), 0 class B, 1 class A. Oldest open since 2018-11-03. |
status snapshot refreshed weekly from HPD records
22 heat or hot-water complaints in the last three years (winter 2024–25: 6 · winter 2025–26: 16). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
$4,100 in enforcement penalties imposed (ECB/OATH) in the last three years.
36 service requests in the last three years. Most common: Noise (11) · HEAT/HOT WATER (11) · UNSANITARY CONDITION (5) · GENERAL (4) · DOOR/WINDOW (2) · Consumer Complaint (1).
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.
| Yes | Built before 1974 (1901) |
| Yes | Six or more residential units (20) |
| No | 421-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 owner(s) | 531 WEST 48TH STREET LLC |
| Head officer | GIDEON NAIM |
| Managing agent | MIGDAL MANAGEMENT 2010 LLC |
| Last registered | 2025-07-23 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $2,317,000 | $1,042,650 |
| 2026 | $2,672,000 | $1,202,400 |
| 2027 | $3,046,000 | $1,370,700 |
The city's market estimate has risen 31% between tax years 2025 and 2027.
For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $427,147 a year ($43.90 per sq ft), operating expenses $119,484 ($12.28 per sq ft), net operating income $307,663. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Heating fuel | NATURALGAS |
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.
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.
| Subway | 50 St — C E · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: partial (Downtown only) Times Sq-42 St — 1 2 3 7 A C E N Q R S W · 0.5 mi straight-line (about a 12-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: 11 Av / W 47 St — M12 · 550 ft |
| Citi Bike | W 50 St & 10 Ave · 600 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 111 Adolph S. Ochs Middle: M.S. 297. 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.
531 West 48 Street
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Anything else | Anything else |
36 311 service requests from this address in the last three years — 11 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.
Managed by MIGDAL MANAGEMENT 2010 LLC — 41 buildings, 490 units. Grades across the portfolio: A14 · B18 · C4 · D5. See the whole portfolio
Most recent mortgage recorded against this lot: $93,088 on 2015-07-02 (lender: The Dime Savings Bank Of Williamsburgh). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2015-07-02 | AL&R $1,000,000 — from 531 WEST 48TH STREET LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH | $1,000,000 | |
| 2015-07-02 | Mortgage $93,088 — from 531 WEST 48TH STREET LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH | $93,088 | |
| 2015-07-02 | Agreement $1,000,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to 531 WEST 48TH STREET LLC | $1,000,000 | |
| 2010-07-15 | Agreement $1,012,851 — from 531 WEST 48TH STREET LLC to M&T REAL ESTATE TRUST | $1,012,851 | |
| 2002-05-21 | Mortgage $861,709 — from 531 WEST 48TH STREETLLC to M&T REAL ESTATE INC. | $861,709 | |
| 1993-07-28 | Mortgage $375,000 — from 531 WEST 48TH ST LP to MANHATTAN SAVINGS BANK | $375,000 | |
| 1986-07-14 | Mortgage $400,000 — from KOUTSOURADES, HELEN to DIME SAVGS BK/WILLIAMBGH | $400,000 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 2 | 0 | 3 | 5 |
| 2018 | 9 | 145 | 0 | 3 | 157 |
| 2019 | 4 | 60 | 0 | 2 | 66 |
| 2020 | 3 | 2 | 0 | 1 | 6 |
| 2021 | 0 | 9 | 2 | 1 | 12 |
| 2022 | 0 | 13 | 0 | 1 | 14 |
| 2023 | 0 | 5 | 0 | 1 | 6 |
| 2024 | 0 | 4 | 0 | 2 | 6 |
| 2025 | 0 | 24 | 0 | 1 | 25 |
| 2026 | 6 | 37 | 0 | 2 | 45 |
Every one of the 1,160 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).
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