Building Biography

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1097 1 Avenue

692Records
16City systems
0Open violations
0.2Penalty rate

692 recorded events, 1979–2026, from 16 city data systems. The city's paper trail here is mostly 273 311 service requests, 204 HPD complaints, 70 ACRIS deeds & mortgages.

BoroughManhattan 10065
Built1910
Floors5
Res. units20
ClassHS
Owner (PLUTO)FIRST SIGMA DE LLC
BBL1014350023
BIN1044204

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 90% 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 0.2. In ZIP 10065, 78% of residential buildings hold an A and 3% 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

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

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

107 service requests in the last three years. Most common: For Hire Vehicle Complaint (37) · Illegal Parking (34) · Encampment (8) · Bike/Roller/Skate Chronic (3) · Homeless Person Assistance (3) · Noise (3).

Filed construction activity

$325,644 in permitted construction work filed since 2016 (7 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 (1910)
YesSix or more residential units (20)
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)FIRST SIGMA DE LLC
Head officerJACOB ORFALI
Managing agentSKS ENTERPRISES 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$2,116,000 $952,200
2026$2,690,000 $1,210,500
2027$2,781,000 $1,251,450

The city's market estimate has risen 31% between tax years 2025 and 2027.

Building systems

Heating fuelNO2FUEL

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

Subway59 St — 4 5 6 N R W · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none
Lexington Av/63 St — M Q · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full
BusNearest boarding stop: 1 Av / E 60 St — M15 · 150 ft
Citi Bike1 Ave & E 62 St · 350 ft · station location as of 2026-09-23; live availability
Bike facilityProtected bike path mapped within 75 ft
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.

Report a problem to 311

1097 1 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

107 311 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 SKS ENTERPRISES LLC — 19 buildings, 276 units. Grades across the portfolio: A13 · B3 · C1 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
2325 Southern Boulevard BX26 B
224 East 48 Street MN25 A
2270 64 Street BK23 B
1097 1 Avenue MN20 A
119 Bank Street MN20 A
230 Mulberry Street MN18 A
2424 Beaumont Avenue BX16 C
1099 1 Avenue MN16 A
349 East 60 Street MN16 A
1101 1 Avenue MN16 A
1103 1 Avenue MN16 A
345 East 60 Street MN16 A
347 East 60 Street MN16 A
121 Bank Street MN10 A
88 Orchard Street MN8 A
232 Kingsland Avenue BK6 A
234 Stanhope Street BK5 B
508 Greenwich Street MN3 D
120 West 44 Street MN0 —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $4,055,421 on 2012-12-11 (lender: New York Community Bank), covering 7 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
2019-11-29M&CON $30,000,000 — from FIRST SIGMA DE LLC to UBS AG $30,000,000
2019-11-29AL&R $30,000,000 — from FIRST SIGMA DE LLC to UBS AG $30,000,000
2012-12-11Agreement $19,500,000 — from FIRST SIGMA CAPITAL, INC. to NEW YORK COMMUNITY BANK $19,500,000
2012-12-11Mortgage $4,055,422 — from FIRST SIGMA CAPITAL, INC. to NEW YORK COMMUNITY BANK $4,055,422
2008-10-17Mortgage $5,516,000 — from FIRST SIGMA CAPITAL, INC to WELLS FARGO BANK, N.A. $5,516,000
2002-10-22Mortgage $5,785,731 — from FIRST SIGMA CAPITAL,INC. to REILLY MORTGAGE CAPITAL CORPORATION $5,785,731
1999-08-05Mortgage $4,631,265 — from FIRST SIGMA CAPITAL,INC. to CFS BANK $4,631,265
1998-10-09Mortgage $300,000 — from FIRST SIGMA CAPITAL,INC. to ISRAEL DISCOUNT BANKOF NEW YORK $300,000
1995-03-08Mortgage $1,600,000 — from FIRST SIGMA CAPITAL,INC. to SAW, INC. $1,600,000
1990-10-01Mortgage $4,240,000 — from SAW INC to FRANKLIN TRUST $4,240,000
1990-10-01Mortgage $2,000,000 — from SAW INC to FRANKLIN TRUST $2,000,000
1987-01-12Mortgage $1,750,000 — from SAW INC. to VALENTINE SPIELMANNINC $1,750,000

Ten-year activity

100500
2017
2018
2019
2020
2021
2022
88
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20170160310
20180090716
201900105318
2020003227
202100210122
202200430144
202360810188
202460600167
202520190223
202601120114
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The full timeline

Construction 26Enforcement 48Housing & tenants 519Ownership & money 71Health & systems 28

Every one of the 692 recorded events, 1979–2026, 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