225 recorded events, 1974–2026, from 17 city data systems. The city's paper trail here is mostly 54 311 service requests, 40 HPD housing violations, 39 ACRIS deeds & mortgages.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 69% 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 42.6. In ZIP 10472, 51% of residential buildings hold an A and 16% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 10 total — 3 class C (immediately hazardous), 1 class B, 6 class A. Oldest open since 2022-02-14. |
status snapshot refreshed weekly from HPD records
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.
16 service requests in the last three years. Most common: Noise (10) · UNSANITARY CONDITION (2) · DOOR/WINDOW (1) · HEAT/HOT WATER (1) · PLUMBING (1) · Water System (1).
$870,250 in permitted construction work filed since 2016 (4 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 (1924) |
| Yes | Six or more residential units (10) |
| 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) | 172 CAPITAL ASSOCIATES LLC |
| Head officer | SIMCHA LUDMIR |
| Managing agent | REDSTONE REALTY NYC LLC |
| Last registered | 2025-07-24 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $789,000 | $355,050 |
| 2026 | $947,000 | $426,150 |
| 2027 | $972,000 | $437,400 |
The city's market estimate has risen 23% between tax years 2025 and 2027.
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.
1 street-flooding or sewer-backup complaints at this address since 2023 (0 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Elder Av — 6 · 1,050 ft straight-line (about a 5-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Westchester Av / Elder Av — Bx4 Bx4A Bx27 · 1,050 ft |
| Citi Bike | Boone Ave & E 172 St · 0.3 mi · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: 195, 196. 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.
1501 East 172 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 |
16 311 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 REDSTONE REALTY NYC — 42 buildings, 295 units. Grades across the portfolio: A15 · B13 · C6 · D5 · F3. See the whole portfolio
Most recent mortgage recorded against this lot: $974,050 on 2021-12-30 (lender: Loan Funder LLC Series 28129). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2021-12-30 | Mortgage $974,050 — from 172 CAPITAL ASSOCIATES, LLC to LOAN FUNDER LLC SERIES 28129 | $974,050 | |
| 2021-12-30 | AL&R $2,850,000 — from 172 CAPITAL ASSOCIATES, LLC to LOAN FUNDER LLC SERIES 28129 | $2,850,000 | |
| 2021-12-30 | Agreement $2,850,000 — from 172 CAPITAL ASSOCIATES, LLC to LOAN FUNDER LLC SERIES 28129 | $2,850,000 | |
| 2019-11-21 | Mortgage $635,950 — from 172 CAPITAL ASSOCIATES, LLC to ICE LENDER HOLDINGS LLC | $635,950 | |
| 2019-11-21 | AL&R $635,950 — from 172 CAPITAL ASSOCIATES, LLC to ICE LENDER HOLDINGS LLC | $635,950 | |
| 2019-11-21 | Mortgage $1,240,000 — from 172 CAPITAL ASSOCIATES, LLC to ICE LENDER HOLDINGS LLC | $1,240,000 | |
| 2019-11-21 | AL&R $1,240,000 — from 172 CAPITAL ASSOCIATES, LLC to ICE LENDER HOLDINGS LLC | $1,240,000 | |
| 2019-11-13 | Deed $775,000 — from GOMEZ, MARIA V to 172 CAPITAL ASSOCIATES LLC | $775,000 | |
| 2019-11-01 | Sold for $775,000 | $775,000 | $77,500 |
| 2015-03-26 | Agreement $310,000 — from GOMEZ, MARIA V to CITIBANK NA | $310,000 | |
| 2015-03-26 | Mortgage $255,646 — from GOMEZ, MARIA V to CITIBANK NA | $255,646 | |
| 2010-01-28 | Mortgage $83,000 — from GOMEZ, MARIA V to MERS | $83,000 | |
| 2001-11-23 | Mortgage $25,000 — from GOMEZ, MARIA V. to CITIBANK, NA | $25,000 | |
| 1988-03-29 | Mortgage $15,000 — from COLON, SUSANA; OCASIO, MARIA to CITIBANK, N.A. | $15,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 1 | 4 | 0 | 2 | 7 |
| 2018 | 0 | 0 | 3 | 0 | 3 | 6 |
| 2019 | 10 | 0 | 6 | 9 | 0 | 25 |
| 2020 | 13 | 13 | 0 | 4 | 0 | 30 |
| 2021 | 4 | 8 | 9 | 7 | 3 | 31 |
| 2022 | 0 | 0 | 14 | 0 | 0 | 14 |
| 2023 | 0 | 0 | 35 | 0 | 0 | 35 |
| 2024 | 0 | 0 | 17 | 0 | 0 | 17 |
| 2025 | 0 | 1 | 6 | 0 | 2 | 9 |
| 2026 | 0 | 0 | 12 | 0 | 0 | 12 |
Every one of the 225 recorded events, 1974–2026, is laid out year by year in the full report (print-ready).
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