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1059 2 Avenue

203Records
17City systems
8Open violations
0.8Penalty rate

203 recorded events, 1997–2026, from 17 city data systems. The city's paper trail here is mostly 41 ACRIS deeds & mortgages, 37 311 service requests, 28 DOB permits.

BoroughManhattan
Built1912
Floors4
Res. units12
ClassC7
Owner (PLUTO)240 EAST 56TH STREET OWNER LLC
BBL1013290027
BIN1038586

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 88% 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 0.8. 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 violations8 total — 1 class C (immediately hazardous), 0 class B, 7 class A. Oldest open since 2017-09-11.

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

7 service requests in the last three years. Most common: Noise (3) · General Construction/Plumbing (2) · Sidewalk Condition (1) · Dirty Condition (1).

Filed construction activity

$186,000 in permitted construction work filed since 2016 (4 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 (1912)
YesSix or more residential units (12)
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)1061 SECOND AVENUE, LLC
Head officerJOHN K RAPP
Managing agentJUNCTION MANAGEMENT
Last registered2025-08-29

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,291,000 $1,030,950
2026$2,711,000 $1,219,950
2027$0 $0

The city's market estimate has fallen 100% between tax years 2025 and 2027.

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.

Report a problem to 311

1059 2 Avenue

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

7 311 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 JUNCTION MANAGEMENT — 4 buildings, 49 units. Grades across the portfolio: A4. See the whole portfolio

BuildingBoroughUnitsGrade
1491 2 Avenue MN25 A
1059 2 Avenue MN12 A
1065 1 Avenue MN6 A
1420 2 Avenue MN6 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $31,447,784 on 2025-12-02 (lender: Maxim Credit Group, LLC), covering 2 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
2025-12-02DEVR $10,535,000 — from VERIZON NEW YORK INC. to 240 EAST 56TH STREET OWNER LLC $10,535,000
2025-12-02Deed $32,550,000 — from 1061 SECOND AVE. LLC to 240 EAST 56TH STREET OWNER LLC $32,550,000
2025-12-02Agreement $38,000,000 — from 240 EAST 56TH STREET OWNER LLC to MAXIM CREDIT GROUP, LLC $38,000,000
2025-12-02AL&R $38,000,000 — from 240 EAST 56TH STREET OWNER LLC to MAXIM CREDIT GROUP, LLC $38,000,000
2025-12-02Mortgage $31,447,784 — from 240 EAST 56TH STREET OWNER LLC to MAXIM CREDIT GROUP, LLC $31,447,784
2025-11-17Sold for $32,550,000 $32,550,000 $2,712,500
2021-12-10Agreement $7,134,424 — from DIME COMMUNITY to 1061 SECOND AVE. LLC $7,134,424
2018-12-04Mortgage $278,861 — from 1061 SECOND AVE. LLC to DIME COMMUNITY BANK $278,861
2018-12-04Agreement $7,500,000 — from 1061 SECOND AVE. LLC to DIME COMMUNITY BANK $7,500,000
2018-12-04AL&R $7,500,000 — from 1061 SECOND AVE. LLC to DIME COMMUNITY BANK $7,500,000
2014-01-08Mortgage $5,022,985 — from RAPP, JOHN KRISTIAN; SKLIAS, STELLA; 1061 SECOND AVE LLC to INTERVEST NATIONAL BANK $5,022,985
2014-01-08Agreement $8,000,000 — from RAPP, JOHN KRISTIAN; SKLIAS, STELLA; 1061 SECOND AVE LLC to INTERVEST NATIONAL BANK $8,000,000
2014-01-08Deed $10,500,000 — from RH&B PROPERTIES LLC to 1061 SECOND AVE LLC $10,500,000
2011-04-12Mortgage $1,341,332 — from R & H PROPERTIES LLC; RH & B PROPERTIES LLC to NEW YORK COMMUNITY BANK $1,341,332
2011-04-12Agreement $2,000,000 — from 1267 FIRST AVENUE LLC to NEW YORK COMMUNITY BANK $2,000,000

Ten-year activity

50250
2017
26
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201731140119
201812614326
2019213017
2020006028
2021025119
2022001012
2023007018
2024002024
202500516223
20260430714
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The full timeline

Construction 37Enforcement 31Housing & tenants 68Ownership & money 42Health & systems 25

Every one of the 203 recorded events, 1997–2026, is laid out year by year in the full report (print-ready).

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