653 recorded events, 1981–2026, from 16 city data systems. The city's paper trail here is mostly 247 ACRIS deeds & mortgages, 152 DOB permits, 92 DOB job filings.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 80% 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 3.1. In ZIP 10075, 82% of residential buildings hold an A and 2% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
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.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
54 service requests in the last three years. Most common: Unsanitary Pigeon Condition (47) · Noise (2) · Illegal Parking (1) · Taxi Complaint (1) · Water System (1) · Urinating in Public (1).
$3,093,585 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.
| Yes | Built before 1974 (1926) |
| Yes | Six or more residential units (13) |
| No | 421-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 owner(s) | 988 FIFTH AVENUE CONDOMINIUM |
| Head officer | PIER GUERCI |
| Managing agent | DOUGLAS ELLIMAN PROPERTY MANAGEMENT |
| Last registered | 2025-07-24 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,131,680 | $509,256 |
| 2026 | $1,203,120 | $541,404 |
| 2027 | $1,221,440 | $549,648 |
The city's market estimate has risen 8% between tax years 2025 and 2027.
Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY · FOREIGN CONSULATE · UNITED NATIONS
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $2,686,378 a year ($52.79 per sq ft), operating expenses $953,641 ($18.74 per sq ft), net operating income $1,732,736. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Heating fuel | NO2FUEL |
| Facade (Local Law 11) | SAFE (cycle 9) |
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 | 77 St — 6 · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: none 86 St — 4 5 6 · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: partial (Uptown local only) |
| Bus | Nearest boarding stop: E 79 St / 5 Av — M79-SBS · 200 ft · Select Bus Service |
| Citi Bike | 5 Ave & E 78 St · 550 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 006 Lillie D. Blake 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.
988 5 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 |
54 311 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 DOUGLAS ELLIMAN PROPERTY MANAGEMENT — 313 buildings, 53,552 units. Grades across the portfolio: A294 · B9 · C2 · D3. See the whole portfolio
showing 60 of 313 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-10-27 | Deed $16,250,000 — from 9885TH12 FLATS, LLC; EAST 77TH FLATS REALTY, LLC to 988 5TH AVENUE 12F LLC | $16,250,000 | |
| 2025-10-15 | Sold for $16,250,000 | $16,250,000 | $1,250,000 |
| 2025-10-15 | Sold for $16,250,000 | $16,250,000 | $1,250,000 |
| 2025-09-26 | Deed $17,500,000 — from YEDID, MARILYN; PLITMAN, MARILYN to XIE, IONG SENG; QIU, WENJUN | $17,500,000 | |
| 2025-09-22 | Sold for $17,500,000 | $17,500,000 | $1,346,154 |
| 2025-09-22 | Sold for $17,500,000 | $17,500,000 | $1,346,154 |
| 2023-04-26 | Mortgage $12,298 — from YEDID, MARILYN; PLITMAN, MARILYN to CITIBANK, N.A. | $12,298 | |
| 2023-04-26 | Agreement $3,500,000 — from PLITMAN, MARILYN; YEDID, MARILYN to CITIBANK, N.A. | $3,500,000 | |
| 2022-05-12 | Deed $14,625,000 — from ESTATE OF JACQUELINE A. SIMON; JACOBS, EXECUTRIX, LISETTE S to 9885TH12 FLATS, LLC | $14,625,000 | |
| 2022-04-20 | Sold for $14,625,000 | $14,625,000 | $1,125,000 |
| 2016-05-31 | Agreement $12,000,000 — from GUERCI, PIER LUIGI to JPMORGAN CHASE BANK, N.A. | $12,000,000 | |
| 2015-06-03 | Agreement $12,000,000 — from GUERCI, PIER LUIGI to MERS, INC.; UBS BANK USA | $12,000,000 | |
| 2015-06-03 | Mortgage $8,500,160 — from GUERCI, PIER LUIGI to UBS BANK USA; MERS, INC. | $8,500,160 | |
| 2014-02-06 | Mortgage $2,000,000 — from PLITMAN, MARILYN; YEDID, MARILYN to CITIBANK, N.A. | $2,000,000 | |
| 2013-05-30 | Agreement $3,500,000 — from GUERCI, PIER LUIGI to MERS | $3,500,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 2 | 0 | 1 | 0 | 2 | 5 |
| 2018 | 6 | 1 | 3 | 0 | 3 | 13 |
| 2019 | 7 | 5 | 4 | 0 | 3 | 19 |
| 2020 | 6 | 0 | 3 | 1 | 0 | 10 |
| 2021 | 7 | 1 | 2 | 0 | 0 | 10 |
| 2022 | 5 | 1 | 4 | 5 | 2 | 17 |
| 2023 | 3 | 1 | 3 | 2 | 0 | 9 |
| 2024 | 6 | 0 | 13 | 0 | 4 | 23 |
| 2025 | 4 | 0 | 42 | 10 | 1 | 57 |
| 2026 | 20 | 0 | 3 | 2 | 1 | 26 |
Every one of the 653 recorded events, 1981–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10075 · Landlord rankings · How grades work · The map · The Mice Map