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242 East 50 Street

834Records
18City systems
32Open violations
55.5Penalty rate
Manhattan · ZIP 10022 · Neighborhood: East Midtown-Turtle Bay
Open in the map

834 recorded events, 1900–2026, from 18 city data systems. The city's paper trail here is mostly 267 311 service requests, 168 HPD complaints, 130 HPD housing violations.

BoroughManhattan 10022
Built1900
Floors6
Res. units24
ClassD7
Owner (PLUTO)F- ASTORID REALTY LLC
BBL1013230030
BIN1038234

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GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 74% 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 55.5. In ZIP 10022, 72% of residential buildings hold an A and 6% 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 violations32 total — 2 class C (immediately hazardous), 23 class B, 7 class A. Oldest open since 2007-12-28.

status snapshot refreshed weekly from HPD records

Patterns

2 heat or hot-water complaints in the last three years (winter 2024–25: 2).

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

What 311 hears from this address

31 service requests in the last three years. Most common: Noise (11) · PLUMBING (4) · ELECTRIC (4) · WATER LEAK (3) · UNSANITARY CONDITION (2) · FLOORING/STAIRS (1).

Filed construction activity

$53,300 in permitted construction work filed since 2016 (3 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 (1900)
YesSix or more residential units (24)
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)F-ASTROID 234E50-SAT LLC
Head officerRAMIN SHALOM
Managing agentEMPIRE MANAGEMENT
Last registered2025-06-23

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$7,062,000 $3,177,900
2026$7,508,000 $3,378,600
2027$7,336,000 $3,301,200

The city's market estimate has risen 4% between tax years 2025 and 2027.

Building systems

Elevators1 active device(s) on record
Heating fuelNO2FUEL

Restaurants in this building

RestaurantCuisineGradeNotes
Sofia Wine BarPizzaA—

Report to 311: Food poisoning · Food safety complaint

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

1 food-poisoning report to 311 at this address in the last three years (0 with three or more people sick)
1 Food Establishment complaint to 311 at this address in the last three years (most often: Rodents/Insects/Garbage) · 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

Subway51 St — 6 E F · 900 ft straight-line (about a 4-minute walk) · station accessibility: full
Grand Central-42 St — 4 5 6 7 S · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: full
BusNearest boarding stop: E 50 St / 2 Av — M50 · 100 ft
Citi BikeE 51 St & 2 Ave · 450 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 059 Beekman Hill International
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

242 East 50 Street

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

31 311 service requests from this address in the last three years — 1 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.

The landlord's report card

Managed by EMPIRE MANAGEMENT — 9 buildings, 268 units. Grades across the portfolio: A2 · B5 · C1 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
700 Ft Washington Avenue MN74 A
3 West 36 Street MN72 A
2733 Broadway MN32 B
234 East 50 Street MN25 B
242 East 50 Street MN24 B
238 East 50 Street MN18 B
226 East 53 Street MN17 B
1150 Vincent Avenue BX3 C
224 East 53 Street MN3 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $7,057,487 on 2026-09-25 (lender: Citizens Bank, N.A.), 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
2026-09-25Deed $32,500,000 — from F-ASTROID 234E50-AT LLC; F-ASTROID 234E50-SAT LLC; F ASTROID REALTY LLC; N ASTROID REALTY to 234-42 E 50 STREET LLC $32,500,000
2026-09-25Mortgage $7,057,488 — from 234-42 E 50 STREET LLC to CITIZENS BANK, N.A. $7,057,488
2026-09-25Agreement $22,855,000 — from 234-42 E 50 STREET LLC to CITIZENS BANK, N.A. $22,855,000
2026-09-25AL&R $22,855,000 — from 234-42 E 50 STREET LLC to CITIZENS BANK, N.A. $22,855,000
2026-09-23Sold for $32,500,000 $32,500,000 $1,354,167
2025-11-21RPTT&RET $601,224 — from OHEBSHALOM, RICHARD to ZALMAN DEBT RESOLUTION LLC $601,224
2021-06-23Agreement $18,041,750 — from F-ASTROID 234E50-SAT LLC; F ASTROID REALTY LLC; F- ASTROID 234E50-AT LLC to THE DIME SAVINGS BANK OF WILLIAMBURGH; DIME COMMUNITY BANK $18,041,750
2021-06-23AL&R $18,041,750 — from DIME COMMUNITY BANK to F-ASTROID 234E50-SAT LLC; F- ASTROID 234E50-AT LLC; F ASTROID REALTY LLC $18,041,750
2016-01-12AL&R $20,000,000 — from N ASTROID REALTY LLC; F ASTROID REALTY LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $20,000,000
2016-01-12Mortgage $20,000,000 — from N ASTROID REALTY LLC; F ASTROID REALTY LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH $20,000,000
2016-01-05Deed $9,875,000 — from B ASTROID ASSOCIATES LLC to F ASTROID REALTY LLC; N ASTROID REALTY LLC $9,875,000
2010-02-11Agreement $12,000,000 — from B ASTROID REALTY LLC; F ASTROID REALTY LLC; N ASTROID REALTY LLC to CENTERLINE MORTGAGE CAPITAL INC. $12,000,000
2010-02-11Mortgage $3,187,517 — from B ASTROID REALTY LLC; F ASTROID REALTY LLC; N ASTROID REALTY LLC to CENTERLINE MORTGAGE CAPITAL INC. $3,187,517
2007-01-19RPTT&RET $22,500,000 — from LISA OHEBSHALOM 2001 TRUST; TRUST F/B/O ALEXANDER OHEBSHALOM; OHEBSHALOM, BEN; RICHARD OHE to F ASTROID REALTY LLC; B ASTROID ASSOCIATES LLC; N ASTROID REALTY LLC $22,500,000
2007-01-12Deed $22,500,000 — from ASTROID 50 ASSOCIATES LLC to F ASTROID REALTY LLC; B ASTROID ASSOCIATES LLC; N ASTROID REALTY LLC $22,500,000

Ten-year activity

100500
2017
2018
2019
2020
2021
2022
2023
66
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700310233
201812520560
201923120724
202002180121
202102114118
202224331242
202300420143
202402610366
202500111315
2026021210226
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The full timeline

Construction 33Enforcement 131Housing & tenants 580Ownership & money 42Health & systems 48

Every one of the 834 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10022 · Landlord rankings · How grades work · The map · The Mice Map