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324 East 48 Street

217Records
13City systems
1Open violations
0.5Penalty rate
Manhattan · ZIP 10017 · Neighborhood: East Midtown-Turtle Bay
Open in the map

217 recorded events, 1968–2026, from 13 city data systems. The city's paper trail here is mostly 59 HPD housing violations, 40 ACRIS deeds & mortgages, 37 311 service requests.

BoroughManhattan 10017
Built1900
Floors5
Res. units19
ClassC1
Owner (PLUTO)CASTANO, EMMA VELASQUES
BBL1013400040
BIN1038913

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GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 89% 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 0.5. In ZIP 10017, 83% of residential buildings hold an A and 5% 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 violations1 total — 0 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 1985-08-06.

status snapshot refreshed weekly from HPD records

Patterns

2 heat or hot-water complaints in the last three years (winter 2025–26: 2).

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

What 311 hears from this address

5 service requests in the last three years. Most common: Noise (2) · Illegal Parking (2) · HEAT/HOT WATER (1).

Filed construction activity

$5,350 in permitted construction work filed since 2016 (2 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 (19)
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)O D C ASSOCIATES
Head officerHERBERT ADLER
Managing agentMACK EDGE MANAGEMENT LLC
Last registered2025-10-29

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,951,000 $877,950
2026$2,067,000 $930,150
2027$1,936,000 $871,200

The city's market estimate has fallen 1% between tax years 2025 and 2027.

Building systems

Heating fuelNO2FUEL

Flood exposure

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.

Getting around

Subway51 St — 6 E F · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
Grand Central-42 St — 4 5 6 7 S · 0.4 mi straight-line (about a 9-minute walk) · station accessibility: full
BusNearest boarding stop: E 49 St / 1 Av — M50 · 450 ft
Citi BikeE 47 St & 1 Ave · 350 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

324 East 48 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

5 311 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 MACK EDGE MANAGEMENT LLC — 38 buildings, 575 units. Grades across the portfolio: A36 · B1 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
840 St Marks Avenue BK54 B
952 St Marks Avenue BK40 A
315 East 12 Street MN36 A
321 East 12 Street MN36 A
221 West 14 Street MN34 A
1046 Amsterdam Avenue MN24 A
212 East 13 Street MN23 A
55 1/2 Downing Street MN20 A
51 Jane Street MN20 A
438 West 49 Street MN20 A
136 West 23 Street MN20 A
324 East 48 Street MN19 A
290 West 11 Street MN18 A
134 Grand Street MN17 A
398 Bleecker Street MN17 A
715 9 Avenue MN15 A
78 Charles Street MN15 A
48 Great Jones Street MN12 A
329 West 21 Street MN11 A
45 West 89 Street MN10 A
521 East 6 Street MN10 A
450 East 117 Street MN9 A
11 West 95 Street MN9 A
17 West 10 Street MN8 A
79 Decatur Street BK8 A
285 Bleecker Street MN8 A
171 Mac Dougal Street MN8 A
27 West 10 Street MN7 A
121 West 92 Street MN7 A
112 Greene Street MN6 A
716 Broadway MN5 D
3 Great Jones Street MN5 A
119 Spring Street MN4 A
431 West Broadway MN4 A
390 West Broadway MN4 A
427 West Broadway MN4 A
417 Lafayette Street MN4 A
76 Franklin Street MN4 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $226,440,900 on 1998-10-27 (lender: Bayerische Hypo-Undvereinsbank Ag), covering 8 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
1998-10-27Mortgage $226,440,900 — from 845 UN LIMITED PARTNERSHIP to BAYERISCHE HYPO-UNDVEREINSBANK AG $226,440,900
1998-10-27Mortgage $49,798,140 — from 845 UN LIMITED PARTNERSHIP to UNION LABOR LIFE INSURANCE COMPANY; BAYERISCHE HYPO-UNDVEREINSBANK AG $49,798,140
1998-10-27Mortgage $18,760,960 — from 845 UN LIMITED PARTNERSHIP to BAYERISCHE HYPO-UNDVEREINSBANK AG; UNION LABOR LIFE INSURANCE COMPANY $18,760,960
1994-11-23Mortgage $75,000 — from O.D.C. ASSOCIATES to LAUB, HORTENSE; LAUB, ROBERT $75,000
1988-04-21Mortgage $158,000 — from O.D.C. ASSOCIATES to LOCKPORT SAVINGS BK $158,000
1983-12-08Mortgage $100,000 — from STRATOSPHERE REALTYINC. to JOHN D CASTAGNELLO ETC. $100,000
1983-12-08Mortgage $217,000 — from O.D.C. ASSOCIATES to STRATOSPHERE REALTY,INC $217,000

Ten-year activity

20100
2017
2018
11
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsHealth & systemsTotal
201701012
2018007310
20190010111
202000729
2021603110
202202316
202301416
202400314
202500336
202600213
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The full timeline

Construction 28Enforcement 9Housing & tenants 121Ownership & money 40Health & systems 19

Every one of the 217 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10017 · Landlord rankings · How grades work · The map · The Mice Map