1,015 recorded events, 1900–2026, from 20 city data systems. The city's paper trail here is mostly 434 311 service requests, 162 DOB permits, 140 DOB job filings.
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 62% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 2. In ZIP 11101, 70% of residential buildings hold an A and 5% grade D or F. How grades work
Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 3 total — 0 class C (immediately hazardous), 0 class B, 3 class A. Oldest open since 2026-05-09. |
status snapshot refreshed weekly from HPD records
36 heat or hot-water complaints in the last three years (winter 2025–26: 6).
No bedbug-infested units reported in the last three years of filings.
$17,500 in enforcement penalties imposed (ECB/OATH) in the last three years.
234 service requests in the last three years. Most common: Noise (91) · Illegal Parking (69) · HEAT/HOT WATER (18) · Sanitation Worker or Vehicle Complaint (6) · General Construction/Plumbing (4) · Food Establishment (4).
$7,296,079 in permitted construction work filed since 2016 (124 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.
| No | Built before 1974 (2022) |
| Yes | Six or more residential units (499) |
| 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) | 50th & 5th LIC Holdco LLC |
| Head officer | MATTHEW SCHWARTZ |
| Managing agent | AD DIVERSIFIED MANAGEMENT LLC |
| Last registered | 2025-06-23 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $24,881,000 | $11,196,450 |
| 2026 | $56,883,000 | $25,597,350 |
| 2027 | $221,727,000 | $99,777,150 |
The city's market estimate has risen 791% between tax years 2025 and 2027.
| Energy grade (LL33) | C — ENERGY STAR score 56/100 (2022 disclosure cycle) |
| Elevators | 7 active device(s) on record |
| Heating fuel | NATURALGAS |
| Restaurant | Cuisine | Grade | Notes |
|---|---|---|---|
| Frankie's Brooklyn Pizza | Pizza | A | — |
| Matsuzuki Sakura | Not yet graded | — |
Report to 311: Food poisoning · Food safety complaint
2 restaurants · 0 with mice evidence · See them on the Mice Map
4 Food Establishment complaints to 311 at this address in the last three years (most often: Pet/Animal, Rodents/Insects/Garbage), shared by 2 restaurants · complaints filed by the public; DOHMH investigates, outcomes aren't published.
In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.
Hurricane evacuation zone 1 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
1 street-flooding or sewer-backup complaints at this address since 2022 (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 | Vernon Blvd-Jackson Av — 7 · 900 ft straight-line (about a 4-minute walk) · station accessibility: none 21 St — G · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Borden Av / 5 St — Q101 Q103 · 700 ft |
| Citi Bike | 48 Ave & 5 St · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S./I.S. 78Q Middle: I.S. 204 Oliver W. Holmes. 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.
2-33 50 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 |
| Food poisoning | Food poisoning |
| Food safety complaint | Food safety complaint |
| Anything else | Anything else |
234 311 service requests from this address in the last three years — 18 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 AD DIVERSIFIED MANAGEMENT LLC — 7 buildings, 1,704 units. Grades across the portfolio: A5 · C2. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 2-33 50 Avenue | QN | 499 | A |
| 420 Carroll Street | BK | 360 | A |
| 60 North Burgher Avenue | SI | 240 | C |
| 1133 Manhattan Avenue | BK | 210 | A |
| 121 East 144 Street | BX | 206 | A |
| 460N Brielle Avenue | SI | 104 | C |
| 445 Gerard Avenue | BX | 85 | A |
Most recent mortgage recorded against this lot: $70,000,000 on 2025-11-12 (lender: Wells Fargo 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 |
|---|---|---|---|
| 2025-11-12 | Mortgage $70,000,000 — from 50TH & 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $70,000,000 | |
| 2022-11-18 | Agreement $70,200,000 — from 50TH & 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $70,200,000 | |
| 2022-11-18 | Agreement $149,800,000 — from 50TH & 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $149,800,000 | |
| 2022-06-16 | CORRM $70,200,000 — from 50TH & 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $70,200,000 | |
| 2022-06-16 | CORRM $149,800,000 — from 50TH & 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $149,800,000 | |
| 2022-01-07 | Mortgage $70,200,000 — from 50TH AND 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $70,200,000 | |
| 2022-01-07 | Mortgage $149,800,000 — from 50TH AND 5TH LIC LLC to WELLS FARGO BANK, NATIONAL ASSOCIATION | $149,800,000 | |
| 2021-10-01 | Deed $88,500,000 — from FORTRESS NEW YORK HOLDINGS, INC. to 50TH & 5TH LIC LLC | $88,500,000 | |
| 2021-09-20 | Sold for $88,500,000 | $88,500,000 | $177,355 |
| 2013-06-24 | AL&R $16,000,000 — from FORTRESS NEW YORK HOLDINGS, INC. to MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS | $16,000,000 | |
| 2013-06-24 | Agreement $16,000,000 — from FORTRESS NEW YORK HOLDINGS, INC. to MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS | $16,000,000 | |
| 2013-06-24 | Mortgage $7,199,616 — from FORTRESS NEW YORK HOLDINGS, INC. to MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS | $7,199,616 | |
| 2006-10-19 | AL&R $13,000,000 — from MORGAN STANLEY MORTGAGE CAPITAL INC to FORTRESS NEW YORK HOLDINGS, INC | $13,000,000 | |
| 2006-10-19 | M&CON $13,000,000 — from FORTRESS NEW YORK HOLDINGS, INC to MORGAN STANLEY MORTGAGE CAPITAL INC | $13,000,000 | |
| 2002-08-27 | Mortgage $2,384,193 — from FORTRESS NY HOLDINGINC to JPMORGAN CHASE BANK | $2,384,193 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 2 | 10 | 0 | 1 | 13 |
| 2018 | 0 | 3 | 4 | 0 | 2 | 9 |
| 2019 | 0 | 2 | 5 | 0 | 2 | 9 |
| 2020 | 0 | 2 | 16 | 1 | 1 | 20 |
| 2021 | 21 | 4 | 16 | 8 | 13 | 62 |
| 2022 | 41 | 11 | 61 | 10 | 4 | 127 |
| 2023 | 34 | 17 | 44 | 1 | 3 | 99 |
| 2024 | 54 | 15 | 16 | 1 | 7 | 93 |
| 2025 | 121 | 19 | 103 | 2 | 2 | 247 |
| 2026 | 23 | 3 | 142 | 1 | 3 | 172 |
Every one of the 1,015 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11101 · Landlord rankings · How grades work · The map · The Mice Map