145 recorded events, 1976–2026, from 14 city data systems. The city's paper trail here is mostly 40 ACRIS deeds & mortgages, 34 311 service requests, 24 rodent inspections.
Full record, year by year Support this site
A meaningful record of code violations or complaints relative to its peers. More recorded distress than 87% 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 17.5. In ZIP 10035, 36% of residential buildings hold an A and 17% grade D or F. How grades work
Among 699,345 1-5-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.
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.
9 service requests in the last three years. Most common: Litter Basket Complaint (2) · Panhandling (2) · Dirty Condition (1) · Street Sign (1) · HEAT/HOT WATER (1) · Drug Activity (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 (1909) |
| 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) | Finite Cluster Partners LLC |
| Head officer | Alexander Hajibay |
| Managing agent | LOCUST COVE MANAGEMENT LLC |
| Last registered | 2026-02-12 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $574,000 | $258,300 |
| 2026 | $459,000 | $206,550 |
| 2027 | $493,000 | $221,850 |
The city's market estimate has fallen 14% between tax years 2025 and 2027.
Tax exemptions on the roll: ARTICLE XI
| Heating fuel | NATURALGAS |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 6 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.
| Subway | 125 St — 4 5 6 · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: full 125 St — 2 3 · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Madison Av / E 125 St — M1 · 200 ft |
| Citi Bike | 5 Ave & W 126 St · 450 ft · station location as of 2026-09-23; live availability |
| Bike facility | Painted bike lane mapped within 75 ft |
| School zones (2024–25 map) | Elementary: P.S. 030 Hernandez/Hughes. 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.
1974 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 |
9 311 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.
Managed by LOCUST COVE MANAGEMENT LLC — 42 buildings, 1,095 units. Grades across the portfolio: A5 · B12 · C15 · D8 · F2. See the whole portfolio
Most recent mortgage recorded against this lot: $4,750,000 on 2026-01-05 (lender: Customers Bank), covering 12 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 |
|---|---|---|---|
| 2026-01-05 | AL&R $4,750,000 — from FINITE HOMES HOUSING DEVELOPMENT FUND CO; FINITE CLUSTER PARTNERS LLC to CUSTOMERS BANK | $4,750,000 | |
| 2026-01-05 | Mortgage $4,750,000 — from FINITE CLUSTER PARTNERS LLC; FINITE HOMES HOUSING DEVELOPMENT FUND CO to CUSTOMERS BANK | $4,750,000 | |
| 2026-01-05 | Deed $14,517,283 — from FINITE HOMES HOUSING DEVELOPMENT FUND CO; FINITE HOMES LLC to FINITE CLUSTER PARTNERS LLC; FINITE HOMES HOUSING DEVELOPMENT FUND CO | $14,517,283 | |
| 2026-01-05 | Agreement $9,760,852 — from FINITE CLUSTER PARTNERS LLC; FINITE HOMES HOUSING DEVELOPMENT FUND CO to THE CITY OF NEW YORK | $9,760,852 | |
| 2025-12-19 | Sold for $14,517,283 | $14,517,283 | $3,629,321 |
| 2017-10-17 | Mortgage $9,760,852 — from FINITE HOMES HOUSING DEVELOPMENT FUND CO; FINITE HOMES LLC to THE CITY OF NEW YORK; DEPARTMENT OF HOUSING PRESERVATION AND D | $9,760,852 | |
| 2013-10-28 | Agreement $9,760,852 — from FINITE HOMES HOUSING DEVELOPMENT FUND CO; FINITE HOMES LLC to THE CITY OF NEW YORK; DEPARTMENT OF HOUSING PRESERVATION AND D | $9,760,852 | |
| 2013-10-28 | Deed $9,760,852 — from 127TH STREET CLUSTER LIMITED PARTNERSHIP to FINITE HOMES HOUSING DEVELOPMENT COMPANY | $9,760,852 | |
| 2001-09-18 | Mortgage $3,424,000 — from 127TH STREET CLUSTERLIMITED PARTNERSHIP to HPD | $3,424,000 | |
| 1997-09-10 | Mortgage $11,181,961 — from NTF REALTY SERVICESINC. to FLEET BANK | $11,181,961 | |
| 1997-09-10 | Mortgage $1,961,300 — from NTF REALTY SERVICESINC. to FLEET BANK | $1,961,300 |
| Year | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|
| 2017 | 2 | 5 | 5 | 12 |
| 2018 | 0 | 0 | 2 | 2 |
| 2019 | 4 | 0 | 2 | 6 |
| 2020 | 6 | 0 | 1 | 7 |
| 2021 | 3 | 0 | 1 | 4 |
| 2022 | 3 | 0 | 3 | 6 |
| 2023 | 6 | 0 | 5 | 11 |
| 2024 | 2 | 1 | 4 | 7 |
| 2025 | 5 | 1 | 3 | 9 |
| 2026 | 6 | 9 | 1 | 16 |
Every one of the 145 recorded events, 1976–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10035 · Landlord rankings · How grades work · The map · The Mice Map