501 recorded events, 1968–2026, from 15 city data systems. The city's paper trail here is mostly 176 HPD complaints, 151 311 service requests, 42 ACRIS deeds & mortgages.
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 81% 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 2.7. In ZIP 10028, 79% of residential buildings hold an A and 3% 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.
10 heat or hot-water complaints in the last three years (winter 2023–24: 6 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
11 service requests in the last three years. Most common: HEAT/HOT WATER (5) · Sidewalk Condition (2) · Illegal Parking (2) · WATER LEAK (1) · Blocked Driveway (1).
No permitted work with a declared cost filed in the last decade. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.
| Yes | Built before 1974 (1920) |
| Yes | Six or more residential units (20) |
| 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) | 407 EAST 81 REALTY ASSOCIATES LLC |
| Head officer | TERRENCE LOWENBERG |
| Managing agent | ICON REALTY MANAGEMENT, LLC |
| Last registered | 2026-07-27 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $2,645,000 | $1,190,250 |
| 2026 | $3,169,000 | $1,426,050 |
| 2027 | $3,279,000 | $1,475,550 |
The city's market estimate has risen 24% 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 | 86 St — Q · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: full 77 St — 6 · 0.5 mi straight-line (about a 12-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 1 Av / E 82 St — M15 · 400 ft |
| Citi Bike | E 81 St & York Ave · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 290 Manhattan New School 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.
407 East 81 Street
| 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 |
11 311 service requests from this address in the last three years — 5 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.
Managed by ICON REALTY MANAGEMENT, LLC — 24 buildings, 324 units. Grades across the portfolio: A14 · B4. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 244 East 78 Street | MN | 24 | A |
| 513 East 82 Street | MN | 20 | B |
| 407 East 81 Street | MN | 20 | A |
| 340 East 61 Street | MN | 20 | A |
| 443 East 78 Street | MN | 20 | B |
| 502 East 73 Street | MN | 20 | A |
| 419 East 82 Street | MN | 20 | A |
| 340 East 55 Street | MN | 20 | A |
| 344 East 55 Street | MN | 20 | A |
| 332 East 71 Street | MN | 20 | A |
| 322 East 74 Street | MN | 20 | A |
| 409 East 81 Street | MN | 20 | B |
| 323 East 78 Street | MN | 16 | A |
| 228 East 84 Street | MN | 16 | A |
| 340 East 81 Street | MN | 16 | A |
| 342 East 76 Street | MN | 16 | B |
| 338 East 55 Street | MN | 10 | A |
| 1556 2 Avenue | MN | 6 | A |
| 1015430001 | — | — | |
| 1015430002 | — | — | |
| 1015440002 | — | — | |
| 1015430052 | — | — | |
| 1015430003 | — | — | |
| 1015430004 | — | — |
Most recent mortgage recorded against this lot: $4,654,545 on 2026-06-02 (lender: Webster Bank, National Association). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-06-02 | Mortgage $4,654,545 — from 407 EAST 81 REALTY ASSOCIATES LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $4,654,545 | |
| 2026-06-02 | AL&R $4,654,545 — from 407 EAST 81 REALTY ASSOCIATES LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $4,654,545 | |
| 2026-06-02 | Mortgage $6,888,846 — from 338 EAST 55 REALTY ASSOCIATES LLC; 419 EAST 82 REALTY ASSOCIATES LLC; 322 EAST 74 REALTY A to WEBSTER BANK, NATIONAL ASSOCIATION | $6,888,846 | |
| 2026-06-02 | Agreement $105,548,846 — from 340 EAST 61 REALTY ASSOCIATES LLC; 340 EAST 55 REALTY ASSOCIATES LLC; 1556 SECOND REALTY A to WEBSTER BANK, NATIONAL ASSOCIATION | $105,548,846 | |
| 2026-06-02 | Agreement $105,548,846 — from 323 EAST 78 REALTY ASSOCIATES LLC; 407 EAST 81 REALTY ASSOCIATES LLC; 419 EAST 82 REALTY A to WEBSTER BANK, NATIONAL ASSOCIATION | $105,548,846 | |
| 2019-06-04 | Agreement $115,700,000 — from 242 EAST 75 REALTY ASSOCIATES LLC; 322 EAST 74 REALTY ASSOCIATES LLC; 323 EAST 78 REALTY A to JPMORGAN CHASE BANK, NATIONAL ASSOCIATIO | $115,700,000 | |
| 2019-06-04 | Mortgage $27,364,357 — from 244 EAST 78 REALTY ASSOCIATES LLC; 344 EAST 55 REALTY ASSOCIATES LLC; 342 EAST 76 REALTY A to JPMORGAN CHASE BANK, NATIONAL ASSOCIATIO | $27,364,357 | |
| 2014-12-08 | Agreement $10,200,000 — from 407 EAST 81 REALTY LLC; 409 EAST 81 REALTY LLC to BANKUNITED, N.A. | $10,200,000 | |
| 2014-12-08 | AL&R $10,200,000 — from 409 EAST 81 REALTY LLC; 407 EAST 81 REALTY LLC to BANKUNITED, N.A. | $10,200,000 | |
| 2014-12-08 | Mortgage $3,370,979 — from 409 EAST 81 REALTY LLC; 407 EAST 81 REALTY LLC to BANKUNITED, N.A. | $3,370,979 | |
| 2011-11-30 | Mortgage $7,100,000 — from 407 EAST 81 REALTY LLC; 409 EAST 81 REALTY LLC to GERMAN AMERICAN CAPITAL CORPORATION | $7,100,000 | |
| 2011-11-30 | Agreement $54,264,904 — from 1540 SECOND REALTY LLC; 1564 SECOND REALTY LLC; 344 EAST 55 REALTY LLC; 419 EAST 82 REALTY to GERMAN AMERICAN CAPITAL CORPORATION | $54,264,904 | |
| 2011-11-30 | AL&R $7,100,000 — from 407 EAST 81 REALTY LLC; 409 EAST 81 REALTY LLC to CAPITAL ONE, NATIONAL ASSOCIATION | $7,100,000 | |
| 2011-11-30 | Agreement $7,100,000 — from 409 EAST 81 REALTY LLC; 407 EAST 81 REALTY LLC to CAPITAL ONE, NATIONAL ASSOCIATION | $7,100,000 | |
| 2011-09-22 | Agreement $96,623,806 — from 328 EAST 85 REALTY LLC; 244 EAST 78 REALTY LLC; 340 EAST 61 REALTY LLC; 344 EAST 55 REALTY to GERMAN AMERICAN CAPITAL CORPORATION | $96,623,806 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 34 | 0 | 6 | 40 |
| 2018 | 0 | 10 | 0 | 3 | 13 |
| 2019 | 0 | 4 | 6 | 4 | 14 |
| 2020 | 0 | 5 | 1 | 2 | 8 |
| 2021 | 0 | 6 | 0 | 2 | 8 |
| 2022 | 0 | 10 | 0 | 2 | 12 |
| 2023 | 0 | 25 | 0 | 8 | 33 |
| 2024 | 0 | 1 | 1 | 3 | 5 |
| 2025 | 1 | 6 | 0 | 2 | 9 |
| 2026 | 0 | 6 | 6 | 2 | 14 |
Every one of the 501 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10028 · Landlord rankings · How grades work · The map · The Mice Map