500 recorded events, 1968–2026, from 20 city data systems. The city's paper trail here is mostly 204 311 service requests, 88 HPD housing violations, 79 HPD complaints.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 74% 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 58.6. In ZIP 11211, 58% of residential buildings hold an A and 7% 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 | 2 total — 0 class C (immediately hazardous), 0 class B, 2 class A. Oldest open since 2020-02-19. |
status snapshot refreshed weekly from HPD records
38 heat or hot-water complaints in the last three years (winter 2024–25: 7 · winter 2025–26: 29). Repeated winter clusters suggest a chronic heating problem.
1 bedbug-infested unit(s) reported in filings over the last three years.
$1,250 in enforcement penalties imposed (ECB/OATH) in the last three years.
102 service requests in the last three years. Most common: Noise (70) · HEAT/HOT WATER (17) · UNSANITARY CONDITION (4) · APPLIANCE (4) · PLUMBING (3) · PAINT/PLASTER (1).
$40,000 in permitted construction work filed since 2016 (3 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 (1915) |
| Yes | Six or more residential units (24) |
| 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) | GROWER HDFC |
| Head officer | STEPHEN R KRAUS |
| Managing agent | ASHTON MANAGEMENT CORP |
| Last registered | 2025-08-19 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $2,183,000 | $982,350 |
| 2026 | $2,058,000 | $926,100 |
| 2027 | $2,113,000 | $950,850 |
The city's market estimate has fallen 3% 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 5 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 | Marcy Av — J M Z · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full Lorimer St — G L · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Marcy Av / S 2 St — B24 · 400 ft |
| Citi Bike | Grand St & Havemeyer St · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 017 Henry D. Woodworth. 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.
262 South 1 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 |
102 311 service requests from this address in the last three years — 17 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 ASHTON MANAGEMENT CORP — 42 buildings, 1,439 units. Grades across the portfolio: A15 · B19 · C5 · D2 · F1. See the whole portfolio
Most recent mortgage recorded against this lot: $1,410,940 on 2023-08-03 (lender: Walker & Dunlop, LLC), 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 |
|---|---|---|---|
| 2023-08-03 | Agreement $9,511,879 — from DEVELOPMENT ASSOCIATES (BUFF) L.P.; GROWER HOUSING DEVELOPMENT FUND CORPORAT to NEW YORK CITY HOUSING DEVELOPMENT CORPOR | $9,511,879 | |
| 2023-08-03 | Mortgage $1,410,940 — from DEVELOPMENT ASSOCIATES (BUFF) L.P.; GROWER HOUSING DEVELOPMENT FUND CORPORAT to WALKER & DUNLOP, LLC | $1,410,940 | |
| 2023-08-03 | Mortgage $8,100,939 — from GROWER HOUSING DEVELOPMENT FUND CORPORAT; DEVELOPMENT ASSOCIATES (BUFF) L.P. to WALKER & DUNLOP, LLC | $8,100,939 | |
| 2023-08-03 | Mortgage $26,088,121 — from GROWER HOUSING DEVELOPMENT FUND CORPORAT; DEVELOPMENT ASSOCIATES (BUFF) L.P. to WALKER & DUNLOP, LLC | $26,088,121 | |
| 2023-08-03 | Deed $9,486,635 — from TRUST AGREEMENT MADE BY 236-1 DEVELOPMEN; STEPHEN R. KRAUS, AS TRUSTEE to GROWER HOUSING DEVELOPMENT FUND CORPORAT; DEVELOPMENT ASSOCIATES (BUFF) L.P. | $9,486,635 | |
| 2023-07-25 | Sold for $9,486,635 | $9,486,635 | $395,276 |
| 2006-05-09 | Agreement $9,253,537 — from THE CITY OF NEW YORK THRU DEP'T OF HPD to KRAUS,TRUSTEE, VALERIE | $9,253,537 | |
| 2006-05-09 | Agreement $9,407,993 — from THE CITY OF NEW YORK THRU DEP'T OF HPD to KRAUS,TRUSTEE, VALERIE | $9,407,993 | |
| 2006-05-09 | Agreement $9,368,596 — from THE CITY OF NEW YORK THRU DEP'T OF HPD to KRAUS,TRUSTEE, VALERIE | $9,368,596 | |
| 2003-01-14 | Agreement $4,831,841 — from KRAUS, VALERIE; THE CITY OF NEW YORK to KRAUS, VALERIE | $4,831,841 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2018 | 0 | 2 | 25 | 0 | 4 | 31 |
| 2019 | 0 | 4 | 27 | 0 | 2 | 33 |
| 2020 | 0 | 3 | 26 | 0 | 3 | 32 |
| 2021 | 0 | 3 | 31 | 0 | 2 | 36 |
| 2022 | 0 | 9 | 41 | 0 | 2 | 52 |
| 2023 | 2 | 0 | 23 | 15 | 3 | 43 |
| 2024 | 4 | 1 | 31 | 0 | 3 | 39 |
| 2025 | 0 | 3 | 74 | 0 | 1 | 78 |
| 2026 | 2 | 0 | 58 | 0 | 1 | 61 |
Every one of the 500 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11211 · Landlord rankings · How grades work · The map · The Mice Map