1,302 recorded events, 1968–2026, from 20 city data systems. The city's paper trail here is mostly 394 DOB permits, 218 DOB job filings, 174 ACRIS deeds & mortgages.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 81% 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 0.7. In ZIP 10022, 72% of residential buildings hold an A and 6% grade D or F. How grades work
Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 1 total — 0 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2019-06-23. |
status snapshot refreshed weekly from HPD records
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
29 service requests in the last three years. Most common: Residential Disposal Complaint (5) · Illegal Parking (4) · Lost Property (3) · For Hire Vehicle Complaint (2) · Taxi Complaint (2) · Noise (2).
$6,791,344 in permitted construction work filed since 2016 (79 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.
| Yes | Built before 1974 (1929) |
| Yes | Six or more residential units (134) |
| 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) | 480 PARK AVE CORP |
| Head officer | HARRY KATZ |
| Managing agent | DOUGLAS ELLIMAN PROPERTY MANAGEMENT |
| Last registered | 2025-07-14 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $89,774,000 | $40,398,300 |
| 2026 | $96,396,000 | $43,378,200 |
| 2027 | $105,939,000 | $47,672,550 |
The city's market estimate has risen 18% between tax years 2025 and 2027.
Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY · SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2021 estimate: gross income $18,518,045 a year ($49.35 per sq ft), operating expenses $6,457,863 ($17.21 per sq ft), net operating income $12,060,181. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | D — ENERGY STAR score 48/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NO2FUEL |
| Facade (Local Law 11) | SAFE (cycle 9) |
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 2024 (1 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.
| Subway | 59 St — 4 5 6 N R W · 650 ft straight-line (about a 3-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: E 59 St / Park Av — Q32 QM2 QM20 · 300 ft |
| Citi Bike | E 58 St & Madison Ave · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: East Side Elementary School, PS 267 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.
480 Park Avenue
| 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 |
29 311 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.
Managed by DOUGLAS ELLIMAN PROPERTY MANAGEMENT — 313 buildings, 53,552 units. Grades across the portfolio: A294 · B9 · C2 · D3. See the whole portfolio
showing 60 of 313 buildings
Most recent mortgage recorded against this lot: $2,100,000 on 2021-07-20 (lender: First Republic Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-09-03 | RPTT&RET $3,250,000 — from THE ALEXANDER M. LEVINE REVOCABLE TRUST; ALEXANDER MAC LEVINE, AS TRUSTEE; STEVEN M. BURKE to CORCORAN, MARK REYNOLDS; MOORE III, THOMAS E | $3,250,000 | |
| 2026-08-26 | Sold for $3,250,000 | $3,250,000 | $24,254 |
| 2026-08-21 | RPTT&RET $4,250,000 — from MHM FAMILY TRUST; ANDREW J. NUSSBAUM, AS TRUSTEE to AHN, PRISCILLA; AHN, JEFFREY | $4,250,000 | |
| 2026-08-07 | Sold for $4,250,000 | $4,250,000 | $31,716 |
| 2026-07-01 | RPTT&RET $1,550,000 — from THE ESTATE OF CATHRYN BURCHILL-BLOCK to AMANDA, SHEA W | $1,550,000 | |
| 2026-06-03 | RPTT&RET $1,925,000 — from THE ESTATE OF RICHARD GADDES; MARIA SCHLAFLY, EXECUTOR; WILMINGTON TRUST, N.A., EXECUTOR to GOLD, RICHARD; GOLD, MARIA | $1,925,000 | |
| 2026-05-20 | Sold for $1,550,000 | $1,550,000 | $11,567 |
| 2026-05-19 | Sold for $1,925,000 | $1,925,000 | $14,366 |
| 2026-02-26 | RPTT&RET $1,495,000 — from MEYER-KNUTSEN, RAGNAR; STANTON-KNUTSEN, LAUREEN to THEISS, SIMONNE; THEISS, JAMES | $1,495,000 | |
| 2026-02-17 | RPTT&RET $1,775,000 — from COPPERSMITH, JASON MURRAY to WONG, MARILYN | $1,775,000 | |
| 2026-02-11 | Sold for $1,495,000 | $1,495,000 | $11,157 |
| 2026-02-11 | Sold for $1,775,000 | $1,775,000 | $13,246 |
| 2025-09-02 | RPTT&RET $1,402,000 — from KARAM, KRISTINE to GRANITO, RUTHANN | $1,402,000 | |
| 2025-08-26 | Sold for $1,402,000 | $1,402,000 | $10,463 |
| 2025-06-17 | RPTT&RET $1,800,000 — from JOANNA Q. BATEMAN, SOLELY AS ADMINISTRAT; THE ESTATE OF HEDY WEGIER to KING, GRACE | $1,800,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 8 | 2 | 7 | 10 | 8 | 35 |
| 2018 | 10 | 7 | 9 | 12 | 21 | 59 |
| 2019 | 15 | 3 | 18 | 12 | 7 | 55 |
| 2020 | 8 | 5 | 18 | 7 | 3 | 41 |
| 2021 | 28 | 3 | 9 | 18 | 9 | 67 |
| 2022 | 27 | 14 | 21 | 15 | 5 | 82 |
| 2023 | 9 | 2 | 32 | 13 | 3 | 59 |
| 2024 | 10 | 0 | 13 | 14 | 3 | 40 |
| 2025 | 23 | 0 | 5 | 15 | 8 | 51 |
| 2026 | 25 | 0 | 10 | 12 | 14 | 61 |
Every one of the 1,302 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).
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