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232 East 54 Street

564Records
20City systems
1Open violations
1.7Penalty rate
Manhattan · ZIP 10022 · Neighborhood: East Midtown-Turtle Bay
Open in the map

564 recorded events, 1968–2026, from 20 city data systems. The city's paper trail here is mostly 158 311 service requests, 65 DOB permits, 53 ACRIS deeds & mortgages.

BoroughManhattan 10022
Built2018
Floors37
Res. units130
ClassD3
Owner (PLUTO)EAST 54TH STREET PROPERTIES LLC
BBL1013270033
BIN1038564

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 64% 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 1.7. 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 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations1 total — 1 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 2023-08-02.

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

38 service requests in the last three years. Most common: Noise (15) · Illegal Parking (10) · Indoor Air Quality (2) · Smoking or Vaping (2) · WATER LEAK (2) · Blocked Driveway (2).

Filed construction activity

$31,000 in permitted construction work filed since 2016 (21 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

NoBuilt before 1974 (2018)
YesSix or more residential units (130)
Yes421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. 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)East 54th Street Properties LLC
Head officerShahzad Mossanen
Managing agentMossanen Group LLC
Last registered2025-09-04

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$32,370,000 $14,566,500
2026$35,163,000 $15,823,350
2027$37,530,000 $16,888,500

The city's market estimate has risen 16% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 35YR WITH AFF HOUSING PCT

Building systems

Heating fuelNATURALGAS

Flood exposure

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.

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 · 400 ft straight-line (about a 2-minute walk) · station accessibility: full
59 St — 4 5 6 N R W · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none
BusNearest boarding stop: 2 Av / E 54 St — M15 · 250 ft
Citi BikeE 53 St & 3 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

232 East 54 Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

38 311 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 MOSSANEN GROUP LLC — 7 buildings, 287 units. Grades across the portfolio: A7. See the whole portfolio

BuildingBoroughUnitsGrade
232 East 54 Street MN130 A
207 East 37 Street MN48 A
131 East 83 Street MN42 A
577 2 Avenue MN39 A
229 East 53 Street MN13 A
571 3 Avenue MN8 A
569 3 Avenue MN7 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $12,250,000 on 2022-10-31 (lender: The Bank Of New York). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-10-31AL&R $60,000,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK $60,000,000
2022-10-31Mortgage $12,250,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK $12,250,000
2022-10-31Agreement $60,000,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK $60,000,000
2019-01-16Mortgage $13,765,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $13,765,000
2019-01-16AL&R $13,765,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $13,765,000
2019-01-16Mortgage $5,485,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $5,485,000
2019-01-16AL&R $5,485,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $5,485,000
2018-07-27EASE $25,000 — from 220 EAST 54TH STREET OWNERS, INC. to EAST 54TH STREET PROPERTIES LLC $25,000
2018-07-27Agreement $6,695,000 — from 220 EAST 54TH STREET OWNERS, INC. to EAST 54TH STREET PROPERTIES LLC $6,695,000
2018-01-09AL&R $24,800,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $24,800,000
2018-01-09Mortgage $24,800,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $24,800,000
2018-01-09AL&R $3,700,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $3,700,000
2018-01-09Mortgage $3,700,000 — from EAST 54TH STREET PROPERTIES LLC to THE BANK OF NEW YORK MELLON $3,700,000
2016-04-11RPTT&RET $12,000,000 — from NEW YORK FLOWER LLC to MOSSANEN, SHAHZAD; SBM TRUST; KALIMIAN, ELIAS; KALIMIAN MOSSANEN, BETTY $12,000,000

Ten-year activity

100500
2017
2018
2019
2020
2021
2022
84
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20179830222
20183091224479
2019132156146
20201421220158
2021161290138
20224427320
202356700384
202447220437
202569220340
2026003069
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The full timeline

Construction 133Enforcement 122Housing & tenants 219Ownership & money 54Health & systems 36

Every one of the 564 recorded events, 1968–2026, 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