The city's published records show little recorded distress here in the last three years. Less recorded distress than 100% 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 0. In ZIP 10038, 65% of residential buildings hold an A and
7% grade D or F.
How grades work
this building
A
B
C
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
Open with the city right now
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.
Patterns
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
No 311 service requests from this address in the last three years.
Filed construction activity
$533,997 in permitted construction work filed since
2016 (8 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.
Rent-stabilization signals
Yes
Built before 1974 (1822)
Yes
Six or more residential units (8)
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 with HPD — the names behind the building
Registered owner(s)
YARROW TWO LLC
Head officer
JONATHAN DURST
Managing agent
ROYAL REALTY CORP
Last registered
2025-07-29
as filed by the owner in the building's HPD registration
What the city thinks it's worth
Tax year
City market value
Assessed value
2025
$6,215,000
$2,796,750
2026
$7,458,000
$3,356,100
2027
$8,950,000
$4,027,500
The city's market estimate has risen
44% between tax years 2025 and 2027.
Building systems
Heating fuel
NATURALGAS
Flood exposure
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.
In the city's stormwater flood map only under the extreme-storm
scenario (3.66 in/hr cloudburst with 2080 sea levels) — an Ida-scale event.
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.
Getting around
Subway
Fulton St — 2 3 4 5 A C J Z · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full Brooklyn Bridge-City Hall — 4 5 6 J Z · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: full
Bus
Nearest boarding stop: Pearl St / Beekman St — M15-SBS · 450 ft · Select Bus Service
Citi Bike
Peck Slip & South St · 250 ft · station location as of 2026-09-23; live availability
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.
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.
Most recent mortgage recorded against this lot: $46,300,000 on
2008-05-14 (lender: New York State Housing Finance Agency), covering 9 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
2008-05-14
Mortgage $46,300,000 — from YARROW TWO LLC, to NEW YORK STATE HOUSING FINANCE AGENCY
$46,300,000
2003-07-22
Mortgage $46,300,000 — from YARROW LLC to NEW YORK STATE HOUSING FINANCE AGENCY
$46,300,000
2003-07-22
DEEDO $5,000,000 — from NEW YORK CITY ECONOMIC DEVELOPMENT CORPO to YARROW LLC
$5,000,000
1990-10-26
Mortgage $3,200,000 — from METROPOLIS SEAPORT ASSOC to ANNUITY PLAN/ELECT'LETC
$3,200,000
1989-01-05
Mortgage $8,000,000 — from PALERMO, DOUGLAS E; METROPOLIS STUDIOS ASC; METROPOLIS GROUP to ANNUITY PLN ELECTRCLETC
$8,000,000
Ten-year activity
20100
2017
2018
2019
14
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Health & systems
Total
2017
8
3
1
1
13
2018
4
2
0
1
7
2019
1
2
1
0
4
2020
0
6
7
1
14
2021
6
0
2
0
8
2022
0
3
3
3
9
2023
2
3
2
2
9
2024
0
1
0
0
1
2025
0
7
2
0
9
2026
0
0
0
0
0
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2023-06-14Permit General Construction — Signed-off
2023-05-19Job filed: Renovation for Apartment 5N on Penthouse level$16,497
2023-05-16Rodent inspection: Passed
2023-04-12Rodent inspection: Failed for Rat Activity
2022
2022-12-30Bedbug filing: 0 infested units
2022-12-27FDNY inspection (RISK)
2022-12-13FDNY inspection (RISK)
2022-07-18Rodent inspection: Passed
2022-06-15Rodent inspection: Failed for Rat Activity
2022-06-15Rodent inspection: Passed
2022-04-30311: Rodent — Rat Sighting
2022-02-10FDNY inspection (RISK)
2022-01-06311: Noise - Residential — Loud Television
2021
2021-12-22Bedbug filing: 0 infested units
2021-09-20Permit Sidewalk Shed — Signed-off
2021-09-16Permit Sidewalk Shed — Signed-off
2021-02-13311: NonCompliance with Phased Reopening — Business not in compliance
2021-01-21Permit Sidewalk Shed — Signed-off
2021-01-21Permit Sidewalk Shed — Signed-off
2021-01-19Job filed: INSTALLATION OF TEMPORARY HEAVY DUTY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF$1,000
2021-01-19Job filed: INSTALLATION OF TEMPORARY HEAVY DUTY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF$1,000
2020
2020-12-23DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2020-12-08Bedbug filing: 0 infested units
2020-11-18ECB CLASS - 2 violation: FAILURE TO COMPLY W/THE COMM'S ORDER CONTAINED IN SUMMONS/VIO#35540457P ISSUED ON 10/02/20 & TO FILE A CERT OF CORRECTION PURSUANT$1,250
2020-10-14DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2020-10-02ECB CLASS - 1 violation: FAILURE TO MAINTAIN BUILDING IN CODE COMPLIANT MANNER.NOTED:AT TIME OFMY INSPECTION I OBSERVED AT EXPOSURE#1 2 LONG CRACKS THROUGH$1,250
2020-07-16DOB complaint, category ?
2020-07-16ECB CLASS - 1 violation: FAILURE TO MAINTAIN BUILDING IN A CODE-COMPLIANT MANNER. AT TIME OF INSPECTION, OBSERVED 2 LONG CRACKS THROUGH THE BRICKS AT THE U$1,250
2020-06-26311: Blocked Driveway — No Access
2020-06-25311: Consumer Complaint — Sidewalk Cafe
2020-06-22311: Non-Emergency Police Matter — Social Distancing
2020-06-21311: Non-Emergency Police Matter — Social Distancing
2020-06-21311: Non-Emergency Police Matter — Social Distancing
2020-04-06Elevator permit: FURNISH AND INSTALL DOOR LOCK MONITORING SYSTEM. ALL WORK TO COMPLY WITH ASME A17.3 OF 2002, AS MODIFIED BY CHAPTER 30 OF 2014 NYC$19,795
2020-01-06Bedbug filing: 0 infested units
2019
2019-09-06DOB violation ACC1: VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2017 CAT 1 INSP/TST TST
2019-07-25FDNY inspection (RISK)
2019-07-15Job filed: FILED HEREWITH FACADE RENOVATION AS SHOWN ON PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$500,000
2019-01-29Bedbug filing: 0 infested units
2018
2018-10-30Certificate of occupancy Temporary
2018-08-20Rodent inspection: Passed
2018-08-01Certificate of occupancy Temporary
2018-07-17FDNY inspection (RISK)
2018-04-16Certificate of occupancy Temporary
2018-04-06DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2016 INSPECTION REPORT
2018-01-05Certificate of occupancy Temporary
2017
2017-09-20Permit PL — ISSUED
2017-09-17311: Lead — Lead Kit Request (Residential) (L10)
2017-08-09Permit AL — ISSUED
2017-07-13Rodent inspection: Passed
2017-06-19FDNY inspection (RISK)
2017-05-15DOB complaint, category ?
2017-05-01Job filed: PA
2017-04-17Job filed: CHANGE IN EGRESS, USE AND OCCUPANCY OF THE FIRST FLOOR AND AMENDMENT OF THE EXISTING CERTIFICATE OF OCCUPANCY FOR THIS FLOOR. SOME GENERAL CONSTRUCTIO$5,000
2017-03-27Permit EW — ISSUED
2017-02-24DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2015 INSPECTION REPORT
2017-02-21Job filed: ALTERATION OF THE EXISTING RESTAURANT KITCHEN. NO CHANGE IN USE, EGRESS, OR OCCUPANCY.$3,500
2017-02-21Job filed: ALTERATION OF THE EXISTING RESTAURANT KITCHEN. NO CHANGE IN USE, EGRESS, OR OCCUPANCY.$3,500
2017-02-21Job filed: ALTERATION OF THE EXISTING RESTAURANT KITCHEN. NO CHANGE IN USE, EGRESS, OR OCCUPANCY.$3,500
2016
2016-11-02Rodent inspection: Passed
2016-07-28FDNY inspection (RISK)
2016-07-03311: Street Light Condition — Street Light Out
2016-06-02FDNY inspection (RISK)
2016-06-01DOB violation E:
2015
2015-10-01DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2014 INSPECTION REPORT
2015-03-03DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2013 INSPECTION REPORT
2014
2014-10-24Rodent inspection: Passed
2014-10-14311: Rodent — Rat Sighting
2014-06-05Permit EW — ISSUED
2014-06-05Permit EW — ISSUED
2014-04-17FDNY inspection (RISK)
2014-03-12Job filed: INTERIOR RENOVATION OF CAFE SEATING AREA THAT WAS DAMAGED BY HURRICANE SANDY. NO COOKING. NEW FLOOR, WALL AND CEILING FINISHES. NEW DISPLAY FIXTURES.$58,500
2013-09-18Job filed: FILING FOR KITCHEN FIRE SUPPRESSION SYSTEM IN CONJUNCTION WITH JOB#121643294, AS SHOWN ON PLAN. COOKING EQUIPMENT, COOKING EXHAUST SYSTEM AND FIRE SUP$3,000
2013-08-14Permit EW — ISSUED
2013-07-26Permit PL — ISSUED
2013-07-18SMIS — from THE CITY OF NEW YORK to SEAPORT MARKETPLACE, LLC
2013-06-21Permit EW — ISSUED
2013-06-05Job filed: RESPECTIVELY FILING TO AMEND SCHEDULE B$155,000
2013-06-05Job filed: RESPECTIVELY FILING TO AMEND SCHEDULE B$155,000
2013-04-24Permit PL — ISSUED
2013-03-21Permit EW — ISSUED
2013-03-21Permit EW — ISSUED
2013-03-21Permit EW — ISSUED
2013-03-20Job filed: REPLACEMENT OF FACP. WIRING, FIRE ALARM DEVICE AND ADDITION OF NEW FIRE ALARM DEVICE FPR RESIDENTIAL SPRINKLER ALARM W/SMOKE DETECTION & COC DUE T$5,000
2013-02-26Job filed: STRUCTURAL DUNNAGE TO SUPPORT AC UNITS AS PER PLANS FILED HEREWITH. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION. ALL WORK RELATED T$15,000
2013-02-26Job filed: INSTALLATION OF HVAC UNITS AND DIRECT REPLACEMENT OF PLUMBING FIXTURES AS PER PLANS FILED HEREWITH. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS $539,850
2013-02-26Job filed: REMOVAL AND RE - INSTALLATION TO REPAIR 2 HOUR RATED WALL, & NEW RATED DOOR FOR NEW ELECTRICAL ROOM AS PER PLANS FILED HEREWITH. NO CHANGE IN USE,$101,600
2006-05-30Job filed: MODIFICATION TO EXISTING SPRINKLER SYSTEAS PER PLANS FILED HEREWITH. NO CHANGE IN USE,EGRESS OR OCCUPANCY.$3,000
2006-05-30Job filed: MODIFICATION TO EXISTING SPRINKLER SYSTEAS PER PLANS FILED HEREWITH. NO CHANGE IN USE,EGRESS OR OCCUPANCY.$3,000
2006-04-11Permit EW — ISSUED
2006-04-04Job filed: INSTALL AUTOMATIC FIRE SUPPRESSION SYSTEM IN CONJUNCTION WITH JOB# 104316508. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$3,000
2006-03-02Permit PL — ISSUED
2006-02-24Permit EW — ISSUED
2006-02-24Permit EW — ISSUED
2006-02-01DECL — from YARROW LLC
2005
2005-12-22Job filed: RENOVATION OF AN EXISTING STORE AT THEFIRST FLOOR. NO CHANGE IN USE EGERSS_OR OCCUPANCY UNDER THIS APPLICATION.$20,000
2005-10-01DOB violation LL1081:
2005-06-01EASE — from YARROW LLC to YARROW LLC
2005-06-01EASE — from YARROW LLC to YARROW LLC
2005-06-01EASE — from YARROW LLC to YARROW LLC
2005-06-01EASE — from YARROW LLC to YARROW LLC
2005-06-01EASE — from YARROW LLC to YARROW LLC
2005-05-20Permit AL — ISSUED
2005-02-18Permit PL — ISSUED
2004
2004-12-09DECL — from YARROW LLC to CITY OF NEW YORK DEPARTMENTS OF BUILDING
2004-11-10Job filed: INSTALLATION OF NEW SPRINKLER ALARM PANE LS, WATER FLOWS, TAMPER SWITCHES AND SMOKE DETECTION DEVICES AS PER DRAWINGS FIELD HEREWITH. NO CHANGE IN US$25,000
2004-08-30Agreement — from NYCDOT DIV. OF FRANCHISES, CONCESSIONS, to YARROW LLC
2004-06-18ECB Hazardous violation: FAILURE TO PROPERLY STORE MATERIAL:NOTED:ON ROOF OF SAID PREMISES BRICKS WERE STORED ON ROOF AND OVERLOADED CAUSING THE COLLAPSE O
2004-06-18ECB Hazardous violation: SCAFFOLD DOES NOT MEET BLDG CODE SPECIFICATIONS.NOT SCAFFOLDING ON SIDEWALK SHED MISSING GUARDRAILS.STAIRS DO NOT MEET AT LANDINGS$2,000
2004-06-04Permit AL — ISSUED
2004-05-25Permit EW — ISSUED
2004-04-01Permit EQ — ISSUED
2004-03-24Permit EQ — ISSUED
2004-03-24Permit EQ — ISSUED
2004-02-26Permit PL — ISSUED
2004-02-20Permit EQ — ISSUED
2004-02-20Permit EQ — ISSUED
2004-02-20Permit EQ — ISSUED
2004-02-12Job filed: Filing herewith for installation of sidewalk shed 24' long by 12' high by 8' wide. No change in use, egress or occupancy.
2004-02-12Job filed: Filing herewith for installation of scaffold 24' long by 50' high. No change in use, egress or occupancy.
2003
2003-07-29Permit EQ — ISSUED
2003-07-29Permit EQ — ISSUED
2003-07-28Job filed: Filing herewith for installation of sidewalk shed 40' long. No change in use, egress or occupancy.
2003-07-22Mortgage $46,300,000 — from YARROW LLC to NEW YORK STATE HOUSING FINANCE AGENCY$46,300,000
2003-07-22CERT — from COMMONWEALTH LAND TITLE INSURANCE COMPAN
2003-07-22Agreement — from NEW YORK STATE HOUSING FINANCE AGENCY to THE BANK OF NEW YORK
2003-07-22ZONE — from YARROW LLC
2003-07-22DEEDO — from THE CITY OF NEW YORK to NEW YORK CITY ECONOMIC DEVELOPMENT CORPO
2003-07-22LEAS — from THE CITY OF NEW YORK to SOUTH STREET SEAPORT MUSEUM
2003-07-22DEEDO $5,000,000 — from NEW YORK CITY ECONOMIC DEVELOPMENT CORPO to YARROW LLC$5,000,000
2003-07-22Agreement — from NEW YORK STATE HOUSING FINANCE AGENCY to YARROW LLC
2003-06-17Permit AL — ISSUED
2003-05-15Job filed: INSTALLATION OF HVAC DUCT WORK AND INSTA LLATION OF PLUMBING FIXTURES AS PER PLANS FILED HEREWITH.
2003-05-15Job filed: STRUCTURAL MODIFICATION TO EXISTING FRAMING AS PER PLANS FILED HEREWITH.
2003-05-15Job filed: INSTALLATION OF HVAC DUCT WORK AND INSTA LLATION OF PLUMBING FIXTURES AS PER PLANS FILED HEREWITH.
2003-05-13Job filed: INSTALLATION OF SPRINKLER SYSTEM AS PER PLANS FILED HEREWITH. NO CHANGE IN USE , EGRESS OR OCCUPANCY.$81,000
2003-03-26Job filed: A1$574,000
2001
2001-04-25Permit EQ — ISSUED
2001-03-21Job filed: ERECT SIDEWALK BRIDE IN FRONT OF THE CA PTIONED PREMISES
2001-03-21Job filed: ERECT SIDEWALK BRIDE IN FRONT OF THE CA PTIONED PREMISES
2000
2000-10-24ECB Hazardous violation: SIDEWALK SHED NOT ADEQUATELY MAINTAINED. DEFECTS ARE: POLES FOOTWOOD BLOCKS ARE BROKEN, LOOSE, 2)SIDE DECKING LOOSE AND HANGING 3)$5,000
1996
1996-06-07DOB complaint, category ?
1996-06-05DOB complaint, category ?
1990
1990-10-26Mortgage $3,200,000 — from METROPOLIS SEAPORT ASSOC to ANNUITY PLAN/ELECT'LETC$3,200,000
1990-06-08SAGE — from METROPOLIS SEAPORT ASC
1990-03-27CONS — from SOUTH ST SEAPORT CORP
1990-03-27CONS — from CITY OF NEW YORK
1990-03-27ASPM — from METROPOLIS SEAPORT ASSC
1990-03-27Mortgage assigned — from METROPOLIS SEAPORT ASC to PALERMO, DOUGLAS E.; METROPOLIS STUDIOS ASC; METROPOLIS GROUP
1990-03-27SAGE — from METROPOLIS SEAPORT ASC
1990-03-27Mortgage assigned — from METROPOLIS GROUP NOM; PALERMO, DOUGLAS E NOM to METROPOLIS STUDIOS ASC
1990-03-27CONS — from ANNUNITY PL ELECTRLETAL
1990-03-27Mortgage assigned — from METROPOLIS STUDIOS ASC to METROPOLIS SEAPORT ASSOC
1989
1989-01-05SAGE — from SOUTH ST SEAPORT MUSEUM
1989-01-05Agreement — from CITY OF NEW YORK to METROPOLIS GROUP
1989-01-05Mortgage assigned — from PALERMO, DOUGLAS E; METROPOLIS STUDIOS ASC; METROPOLIS GROUP to ANNUITY PLN ELECTRCLETC
1989-01-05Mortgage $8,000,000 — from PALERMO, DOUGLAS E; METROPOLIS STUDIOS ASC; METROPOLIS GROUP to ANNUITY PLN ELECTRCLETC$8,000,000
1989-01-05CONS — from SOUTH ST SEAPORT CORP; ANNUTIY PL ELECTRCLETC; METROPOLIS STUDIOS AC; METROPOLIS GROUP; PA
1989-01-05CONS — from METROPOLIS GROUP; SOUTH ST SEAPORT CORP; CITY OF NEW YORK; SEAPORT ASSOCS; PALERMO, DOUGLA
1989-01-05LEAS — from SOUTH ST SEAPORT CORP to PALERMO, DOUGLAS E; MEROPOLIS GROUP; METROPOLIS STUDIOS ASC
1989-01-05LEAS — from SOUTH ST SEAPORT CORP to SEAPORT ASSOCIATES
1984
1984-02-10Agreement — from CITY OF NEW YORK to SEAPORT ASSOCIATES
1984-02-10LEAS — from SOUTH STREET SEAPORTCP to SEAPORT ASSOCIATES
1984-02-06SAGE — from CITY OF NEW YORK; CONNECTICUT NTL BANK; BARCLAYS AMERICAN ETC.; SOUTH ST. SEAPORT CORP.; S
1983
1983-12-07SAGE — from SEAPORT MARKETPLACE,INC
1983-09-02Agreement — from CITY OF NEW YORK to SOUTH ST SEAPORT MUSEUM; SEAPORT MARKETPLACE,INC.; SEAPORT REDEVELPMT CORP.
1983-09-02LEAS — from CITY OF NEW YORK to SOUTH ST SEAPORT CORP.
1983-09-02Mortgage assigned — from SOUTH ST. SEAPORT MUSEUM to SOUTH ST SEAPORT CORP.
1983-09-02LEAS — from SOUTH ST SEAPORT CORP. to SOUTH ST SEAPORT MUSEUM
1983-09-02Agreement — from CITY OF NEW YORK to SEAPORT MARKETPLACE,INC; SOUTH ST SEAPORT MUSEUM; SEAPORT REDEVELPMT CORP
1983-09-02Agreement — from CITY OF NEW YORK to SOUTH ST SEAPORT MUSEUM
1983-09-02Agreement — from CITY OF NEW YORK to SEAPORT REDEVELPMT CORP; SOUTH ST SEAPORT MUSEUM; SEAPORT MARKETPLACE,INC
1978
1978-01-30LDMK — from SOUTH ST SEAPORT ETAL to LANDMARKS ETAL
1974
1974-08-01LEAS — from CITY OF NEW YORK to SOUTH ST SEAPORT MUSEUM
1969
1969-07-07Mortgage — from SEAPORT HOLDINGS INC to CHASE MANHATTAN BANK
1969-06-10Deed — from UNION FISHERIES INC to SEAPORT HOLDING INC