218 recorded events, 1970–2026, from 11 city data systems. The city's paper trail here is mostly 58 DOB permits, 43 311 service requests, 37 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 70% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 6.8. In ZIP 11215, 70% of residential buildings hold an A and 4% grade D or F. How grades work
Among 17,252 25-99-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.
$18,750 in enforcement penalties imposed (ECB/OATH) in the last three years.
18 service requests in the last three years. Most common: Noise (7) · Street Condition (2) · Rodent (2) · Illegal Parking (2) · Snow or Ice (2) · General Construction/Plumbing (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.
| No | Built before 1974 (2024) |
| Yes | Six or more residential units (44) |
| 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) | 487 4th Avenue Managers LLC |
| Head officer | Mario Procida |
| Managing agent | Spring Management |
| Last registered | 2026-04-07 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,105,000 | $497,250 |
| 2026 | $587,000 | $264,150 |
| 2027 | $8,997,000 | $4,048,650 |
The city's market estimate has risen 714% between tax years 2025 and 2027.
Tax exemptions on the roll: ARTICLE XI
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 | 4 Av-9 St — F G R · 650 ft straight-line (about a 3-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 4 Av / 10 St — B103 · 650 ft |
| Citi Bike | 12 St & 4 Ave · 150 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 124 Silas B. Dutcher. 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.
487 4 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 |
18 311 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 SPRING LEASING AND MANAGEMENT — 27 buildings, 3,265 units. Grades across the portfolio: A11 · B12 · C2 · D1 · F1. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 96 New Lots Ave | BK | 469 | B |
| 1017 Olmstead Avenue | BX | 265 | A |
| 10-18 Beach 20 Street | QN | 252 | B |
| 2435 Pacific Street | BK | 236 | A |
| 2858 Linden Blvd | BK | 234 | B |
| 257 Hegeman Avenue | BK | 208 | A |
| 2519 Creston Avenue | BX | 188 | B |
| 869 East 147 Street | BX | 167 | B |
| 290 East 149th Street | BX | 164 | A |
| 573 Emerald Street | BK | 160 | B |
| 583 Emerald Street | BK | 156 | B |
| 50 Nevins Street | BK | 129 | B |
| 68-19 Woodhaven Boulevard | QN | 120 | A |
| 1510 Broadway | BK | 108 | B |
| 1488 New York Avenue | BK | 89 | A |
| 3160 Webster Avenue | BX | 60 | B |
| 13-38 Central Avenue | QN | 57 | A |
| 275 West 140 Street | MN | 54 | A |
| 1117 Intervale Avenue | BX | 48 | A |
| 487 4 Avenue | BK | 44 | A |
| 321 East 60 Street | MN | 21 | A |
| 120 Liberty Avenue | BK | 13 | B |
| 615 Osborn Street | BK | 12 | B |
| 1755 Watson Avenue | BX | 4 | F |
| 1089 Summit Avenue | BX | 3 | C |
| 1497 Beach Avenue | BX | 3 | C |
| 4790 Broadway | MN | 1 | D |
Most recent mortgage recorded against this lot: $2,155,000 on 2023-07-10 (lender: The City Of New York, Acting By And Through Its De). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2023-07-10 | Mortgage $3,381,802 — from MERCY HOME HOUSING DEVELOPMENT FUND COMP; 487 4TH AVENUE MANAGERS LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $3,381,802 | |
| 2023-07-10 | AL&R $1,250,000 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING DEVELOPMENT FUND COMP to WEBSTER BANK, NATIONAL ASSOCIATION | $1,250,000 | |
| 2023-07-10 | ASPM $375,000 — from MERCY HOME FOR CHILDREN, INC.; 487 4TH AVENUE MANAGERS LLC to THE CITY OF NEW YORK, ACTING BY AND THRO | $375,000 | |
| 2023-07-10 | ASPM $2,155,000 — from MERCY HOME FOR CHILDREN, INC.; 487 4TH AVENUE MANAGERS LLC to THE CITY OF NEW YORK, ACTING BY AND THRO | $2,155,000 | |
| 2023-07-10 | Mortgage $2,155,000 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING FUND DEVELOPMENT CORP to THE CITY OF NEW YORK, ACTING BY AND THRO | $2,155,000 | |
| 2023-07-10 | Agreement $375,000 — from MERCY HOME HOUSING FUND DEVELOPMENT CORP; 487 4TH AVENUE MANAGERS LLC to THE CITY OF NEW YORK, ACTING BY AND THRO | $375,000 | |
| 2023-07-10 | AL&R $19,000,000 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING DEVELOPMENT FUND COMP to WEBSTER BANK, NATIONAL ASSOCIATION | $19,000,000 | |
| 2023-07-10 | Mortgage $19,000,000 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING DEVELOPMENT FUND COMP to WEBSTER BANK, NATIONAL ASSOCIATION | $19,000,000 | |
| 2023-07-10 | Mortgage $280,456 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING DEVELOPMENT FUND COMP to WEBSTER BANK, NATIONAL ASSOCIATION | $280,457 | |
| 2023-07-10 | Mortgage $3,137,742 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING DEVELOPMENT FUND COMP to WEBSTER BANK, NATIONAL ASSOCIATION | $3,137,742 | |
| 2023-07-10 | Mortgage $1,250,000 — from 487 4TH AVENUE MANAGERS LLC; MERCY HOME HOUSING DEVELOPMENT FUND COMP to WEBSTER BANK, NATIONAL ASSOCIATION | $1,250,000 | |
| 2023-07-10 | AL&R $6,800,000 — from MERCY HOME HOUSING DEVELOPMENT FUND COMP; 487 4TH AVENUE MANAGERS LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $6,800,000 | |
| 2014-02-28 | Mortgage $2,155,000 — from MERCY HOME HOUSING DEVELOPMENT FUND COMP to MERCY HOME FOR CHILDREN, INC. | $2,155,000 | |
| 2014-02-28 | Mortgage $375,000 — from MERCY HOME HOUSING DEVELOPMENT FUND COMP; MERCY HOME FOR CHILDREN, INC to THE CITY OF NEW YORK | $375,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 1 | 0 | 5 | 0 | 2 | 8 |
| 2018 | 0 | 0 | 2 | 0 | 2 | 4 |
| 2019 | 0 | 0 | 2 | 0 | 0 | 2 |
| 2020 | 0 | 0 | 2 | 0 | 3 | 5 |
| 2021 | 4 | 0 | 1 | 0 | 0 | 5 |
| 2022 | 1 | 0 | 1 | 0 | 0 | 2 |
| 2023 | 15 | 9 | 7 | 22 | 1 | 54 |
| 2024 | 20 | 10 | 4 | 0 | 7 | 41 |
| 2025 | 16 | 7 | 9 | 2 | 0 | 34 |
| 2026 | 1 | 3 | 4 | 0 | 0 | 8 |
Every one of the 218 recorded events, 1970–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11215 · Landlord rankings · How grades work · The map · The Mice Map