210 recorded events, 1973–2026, from 13 city data systems. The city's paper trail here is mostly 48 DOB permits, 48 DOB job filings, 31 HPD housing violations.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 82% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 10. In ZIP 10065, 78% of residential buildings hold an A and 3% grade D or F. How grades work
Among 699,345 1-5-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 26 total — 1 class C (immediately hazardous), 13 class B, 12 class A. Oldest open since 1981-04-10. |
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.
2 service requests in the last three years. Most common: Vendor Enforcement (1) · Illegal Parking (1).
$1,429,988 in permitted construction work filed since 2016 (20 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 (1871) |
| No | Six or more residential units (4) |
| No | 421-a / J-51 tax benefit on the current tax roll |
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 716 MADISON AVE LLC |
| Head officer | DANIEL DERMER |
| Managing agent | DERMER MANAGEMENT, INC |
| Last registered | 2025-10-29 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $6,936,000 | $3,121,200 |
| 2026 | $7,398,000 | $3,329,100 |
| 2027 | $7,800,000 | $3,510,000 |
The city's market estimate has risen 12% between tax years 2025 and 2027.
| Heating fuel | NATURALGAS |
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.
| Subway | 5 Av/59 St — N R W · 850 ft straight-line (about a 4-minute walk) · station accessibility: none Lexington Av/63 St — M Q · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Madison Av / E 63 St — M1 M2 BxM3 BxM4 · 100 ft |
| Citi Bike | 5 Ave & E 63 St · 500 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. 167 Robert F. Wagner. 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.
716 Madison 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 |
2 311 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 DERMER MANAGEMENT — 23 buildings, 712 units. Grades across the portfolio: A20 · B1 · C1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 900 Park Avenue | MN | 124 | A |
| 114 West Street | BK | 93 | A |
| 92 Horatio Street | MN | 66 | A |
| 345 East 77 Street | MN | 60 | A |
| 2 King Street | MN | 40 | A |
| 137 East 28 Street | MN | 37 | A |
| 140 East 52 Street | MN | 32 | A |
| 22 Irving Place | MN | 29 | A |
| 104 East 37 Street | MN | 29 | A |
| 141 Wooster Street | MN | 28 | A |
| 407 East 12 Street | MN | 27 | A |
| 356 West 36 Street | MN | 26 | A |
| 64 Grand Street | MN | 22 | A |
| 476 Broadway | MN | 22 | A |
| 138 West 124 Street | MN | 21 | A |
| 361 West 36 Street | MN | 18 | A |
| 127 Prince Street | MN | 12 | A |
| 110 East 37 Street | MN | 8 | A |
| 40 East 72 Street | MN | 7 | A |
| 716 Madison Avenue | MN | 4 | B |
| 1101 Lexington Avenue | MN | 4 | C |
| 336 Lexington Avenue | MN | 3 | A |
| 119 West 22 Street | MN | 0 | — |
Most recent mortgage recorded against this lot: $2,750,000 on 2019-09-30 (lender: Safra National Bank Of New York), 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.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2019-09-30 | AL&R $2,750,000 — from 554 FIFTH AVENUE ASSOCIATES LIMITED PART; 716 MADISON AVE LLC to SAFRA NATIONAL BANK OF NEW YORK | $2,750,000 | |
| 2019-09-30 | Mortgage $2,750,000 — from 554 FIFTH AVENUE ASSOCIATES LIMITED PART; 716 MADISON AVE LLC to SAFRA NATIONAL BANK OF NEW YORK | $2,750,000 | |
| 2017-09-29 | AL&R $3,500,000 — from 554 FIFTH AVENUE ASSOCIATES LIMITED PART; 716 MADISON AVE LLC to SAFRA NATIONAL BANK OF NEW YORK | $3,500,000 | |
| 2017-09-29 | Mortgage $3,500,000 — from 716 MADISON AVE LLC; 554 FIFTH AVENUE ASSOCIATES LIMITED PART to SAFRA NATIONAL BANK OF NEW YORK | $3,500,000 | |
| 2012-12-10 | AL&R $11,500,014 — from 145 EAST 62ND STREET LLC; 554 FIFTH AVENUE ASSOCIATES LIMITED PART; 716 MADISON AVE LLC to SAFRA NATIONAL BANK OF NEW YORK | $11,500,014 | |
| 2012-12-10 | Agreement $11,500,014 — from 554 FIFTH AVENUE ASSOCIATES LIMITED PART; 716 MADISON AVE LLC; 145 EAST 62ND STREET LLC to SAFRA NATIONAL BANK OF NEW YORK | $11,500,014 | |
| 2012-12-10 | Mortgage $6,600,000 — from 554 FIFTH AVENUE ASSOCIATES LIMITED PART; 145 EAST 62ND STREET LLC; 716 MADISON AVE LLC to SAFRA NATIONAL BANK OF NEW YORK | $6,600,000 | |
| 2012-11-26 | RPTT&RET $3,228,015 — from WILSOR (U.S.A.), INC. to ZENNOR CORPORATION OF AMERICA | $3,228,015 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 2 | 2 | 2 | 2 | 8 |
| 2018 | 0 | 1 | 0 | 0 | 2 | 3 |
| 2019 | 0 | 1 | 2 | 2 | 3 | 8 |
| 2020 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 4 | 0 | 0 | 4 |
| 2022 | 2 | 0 | 1 | 6 | 0 | 9 |
| 2023 | 3 | 5 | 3 | 0 | 0 | 11 |
| 2024 | 7 | 1 | 2 | 0 | 2 | 12 |
| 2025 | 2 | 1 | 2 | 0 | 0 | 5 |
| 2026 | 5 | 0 | 0 | 0 | 0 | 5 |
Every one of the 210 recorded events, 1973–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10065 · Landlord rankings · How grades work · The map · The Mice Map