The city's published records show little recorded distress here in the last three years. Less recorded distress than 63% 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 8.9. 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
20 service requests in the last three years. Most common: Illegal Parking (6) · Animal (3) · Elevator (2) · Dirty Condition (2) · Sewer (2) · Noise (1).
Filed construction activity
$25,000 in permitted construction work filed since
2016 (1 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
No
Built before 1974 (2004)
Yes
Six or more residential units (9)
Yes
421-a / J-51 tax benefit on the current tax roll
2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. 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
$8,922,000
$4,014,900
2026
$10,706,000
$4,817,700
2027
$12,847,000
$5,781,150
The city's market estimate has risen
44% between tax years 2025 and 2027.
1 food-poisoning report to 311 at this address in the last three years (0 with three or more people sick) · complaints filed by the public; DOHMH investigates, outcomes aren't published.
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 · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full Brooklyn Bridge-City Hall — 4 5 6 J Z · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
Bus
Nearest boarding stop: Pearl St / Beekman St — M15-SBS · 350 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.
20 311 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.
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
DEEDO $5,000,000 — from NEW YORK CITY ECONOMIC DEVELOPMENT CORPO to YARROW LLC
$5,000,000
2003-07-22
Mortgage $46,300,000 — from YARROW LLC to NEW YORK STATE HOUSING FINANCE AGENCY
$46,300,000
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
2020
17
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Health & systems
Total
2017
0
1
0
1
2
2018
0
0
4
1
5
2019
1
2
7
1
11
2020
0
0
11
1
12
2021
0
3
14
0
17
2022
0
1
7
0
8
2023
0
2
10
1
13
2024
0
3
6
1
10
2025
0
0
8
0
8
2026
0
4
5
1
10
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2024-02-03311: Street Sign - Dangling — Construction
2024-01-17311: Indoor Air Quality — Chemical Vapors/Gases/Odors
2024-01-12ECB CLASS - 1 violation: CLASS 1: CEASE USE: DOOR LOCK MONITORING INOPERATIVE REPAIR. THIS IS A SAFETY FEATURE TO ENSURE PASSENGER SAFETY (CU). CLASS 2: PH
2023
2023-12-27Bedbug filing: 0 infested units
2023-12-04311: Dirty Condition — Broken Glass
2023-11-29311: Noise — Noise: Construction Equipment (NC1)
2023-11-28311: Elevator — Elevator - Single Device On Property/No Alternate Service
2023-11-28DOB complaint, category ?
2023-08-16311: Illegal Posting — Sticker or Decal
2023-07-30311: Lead — Lead Kit Request (Residential) (L10)
2020-09-19311: NonCompliance with Phased Reopening — Business not in compliance
2020-09-08311: NonCompliance with Phased Reopening — Business not in compliance
2020-09-02311: NonCompliance with Phased Reopening — Business not in compliance
2020-08-22311: Blocked Driveway — No Access
2020-08-15311: Blocked Driveway — No Access
2020-07-17311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-06-26311: Blocked Driveway — No Access
2020-06-26311: Blocked Driveway — Partial Access
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
2019-07-19Job filed: FILED HEREWITH FACADE RENOVATION AS SHOWN ON PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$25,000
2019-07-09311: Street Condition — Rough, Pitted or Cracked Roads
2019-05-21311: Illegal Parking — Blocked Sidewalk
2019-05-05311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2018-07-16311: Air Quality — Air: Dust, Construction/Demolition (AE4)
2017
2017-07-13Rodent inspection: Passed
2017-02-27DOB violation E:
2016
2016-11-02Rodent inspection: Passed
2016-07-05FDNY inspection (RISK)
2016-03-23311: Food Poisoning — 1 or 2
2015
2015-10-09HPD class B: SECTION 27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE CASEMENT WINDOW, 3RD FROM WEST AT NORTH IN THE 1st ROOM FROM EAST AT NORTH
2014-07-13311: Food Establishment — Letter Grading
2014-05-29Permit PL — ISSUED
2014-04-15FDNY inspection (RISK)
2014-02-19DOB violation E:
2013
2013-10-24Permit EW — ISSUED
2013-10-16Job filed: FILING FOR KITCHEN FIRE SUPPRESSION SYSTEM IN CONJUNCTION WITH JOB#121740517, AS SHOWN ON PLAN. COOKING EQUIPMENT, COOKING EXHAUST SYSTEM AND FIRE SUP$3,000
2013-10-01Permit EW — ISSUED
2013-08-15Permit PL — ISSUED
2013-08-14Permit EW — ISSUED
2013-08-07Job filed: MODIFY EXISTING SPRINKLER SYSTEM FOR EXISTING RESTAURANT. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$44,600
2013-08-07Job filed: MODIFY EXISTING SPRINKLER SYSTEM FOR EXISTING RESTAURANT. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$44,600
2013-08-07Job filed: INSTALL PLUMBING FIXTURES AND MECHANICAL VENTILATION FOR EXISTING RESTAURANT. GENERAL CONSTRUCTION TO BE FILED UNDER SEPARATE APPLICATION. NO CHANGE I$51,500
2013-08-07Job filed: INSTALL PLUMBING FIXTURES AND MECHANICAL VENTILATION FOR EXISTING RESTAURANT. GENERAL CONSTRUCTION TO BE FILED UNDER SEPARATE APPLICATION. NO CHANGE I$51,500
2013-08-02Job filed: INTERIOR RENOVATION OF EXISTING RESTAURANT ON FIRST FLOOR ONLY. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$88,725
2013-08-02Job filed: INTERIOR RENOVATION OF EXISTING RESTAURANT ON FIRST FLOOR ONLY. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$88,725
2013-08-02Permit EW — ISSUED
2013-07-18SMIS — from THE CITY OF NEW YORK to SEAPORT MARKETPLACE, LLC
2013-04-24Permit PL — ISSUED
2013-04-04Permit EW — ISSUED
2013-04-04Permit EW — ISSUED
2013-04-04Permit EW — ISSUED
2013-03-20Job filed: REPLACEMENT OF FACP, WIRING, FIRE ALARM DEVICES & ADDITION OF NEW FIRE ALARM DEVICE FOR RESIDENTIAL SPRINKLER ALARM W/SMOKE DETECTION & COC DU$5,000
2013-03-20Job filed: REPLACEMENT OF FACP, WIRING, FIRE ALARM DEVICES & ADDITION OF NEW FIRE ALARM DEVICE FOR RESIDENTIAL SPRINKLER ALARM W/SMOKE DETECTION & COC DU$5,000
2013-03-20Job filed: REPLACEMENT OF FACP, WIRING, FIRE ALARM DEVICES & ADDITION OF NEW FIRE ALARM DEVICE FOR RESIDENTIAL SPRINKLER ALARM W/SMOKE DETECTION & COC DU$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$40,000
2013-02-26Job filed: INSTALLATION OF VISUAL SCREEN AS PER PLANS FILED HEREWITH. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION.ALL WORK RELATED TO WATER DAMA$75,550
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 $548,650
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 $548,650
2008-05-14Mortgage $46,300,000 — from YARROW TWO LLC, to NEW YORK STATE HOUSING FINANCE AGENCY$46,300,000
2008-05-14Agreement — from YARROW TWO LLC, to NEW YORK STATE HOUSING FINANCE AGENCY
2008-05-14Agreement — from YARROW LLC,; YARROW TWO LLC, to NEW YORK STATE HOUSING FINANCE AGENCY
2008-05-14Deed — from YARROW LLC to YARROW TWO LLC
2008-05-14Agreement — from THE BANK OF NEW YORK to NEW YORK STATE HOUSING FINANCE AGENCY
2008-05-14Agreement — from NEW YORK STATE HOUSING FINANCE AGENCY to LANDESBANK HESSEN-THURINGEN GIROZENTRALE
2008-01-24DOB complaint, category ?
2007
2007-10-24DOB violation E:
2007-08-17Permit EW — ISSUED
2007-06-19Permit EW — RE-ISSUED
2007-06-18SAGE — from NEW YORK CITY ECONOMIC DEVELOPMENT CORPO
2007-06-06Permit EW — ISSUED
2007-06-06Permit PL — ISSUED
2007-05-25Job filed: INSTALL NEW GAS FIRED BOILER AND FLUE GAS VENTING SYSTEM. NO CHANGE IN EGRESS, OCCUPANCY OR USE UNDER THIS APPLICATION.$11,000
2006
2006-09-13Permit EW — ISSUED
2006-08-31Job filed: INSTALL FIRE SUPPRESSION SYSTEM ONLYNO CHANGE IN USE, EGRESS OR OCCUPANCY.$3,000
2006-08-21Permit EW — ISSUED
2006-08-21Permit PL — ISSUED
2006-08-16Permit EW — ISSUED
2006-08-15Job filed: GENERAL CONSTRUCTION: NEW PARTITIONS AND FLOORS , NEW PLUMBING FIXTURES, INSTALL NEW HVAC SYSTEM AND OBTAIN EQUIPMENT USE PERMIT AND INSTALL NEW SPRI$169,000
2005
2005-10-01DOB violation LL1081:
2005-05-31Permit NB — ISSUED
2005-05-31Permit EQ — ISSUED
2005-03-23Permit EQ — ISSUED
2005-02-18Permit PL — RE-ISSUED
2004
2004-12-30Permit EQ — ISSUED
2004-12-29Permit EQ — ISSUED
2004-11-10Job filed: INSTALLATION OF NEW SPRINKLER ALARM PANE LS. WATER FLOWS, TAMPER SWITCHES AND SMOKE DECTECTION DEVICES AS PER DRAWING FILED HEREWITH. NO CHAN IN$1,000
2004-08-04DOB complaint, category ?
2004-08-04DOB complaint, category ?
2004-06-01Permit EW — ISSUED
2004-05-19Agreement — from NYCDOT DIV. OF FRANCHISES, CONCESSIONS, to YARROW LLC
2004-05-19Permit NB — ISSUED
2004-05-19Permit EQ — ISSUED
2004-05-19Permit EQ — ISSUED
2004-04-01Permit EQ — ISSUED
2004-03-23Permit EQ — ISSUED
2004-03-23Permit EQ — ISSUED
2004-02-10Permit PL — ISSUED
2004-02-10Permit PL — ISSUED
2004-02-05ECB Non-Hazardous violation: SIDEWALK SHED DOES NOT MEET BUILDING CODE SPECIFICATIONS. DEFECT IS: NO LIGHT. REMEDY: CONFORM SHED TO BIULDING CODE SPECIFICATION$2,000
2004-01-29DOB complaint, category ?
2003
2003-12-16Permit EQ — ISSUED
2003-12-15Job filed: Filing herewith for installation of sidewalk shed 120' long. No change in use, egress or occupancy.
2003-12-02Permit EQ — ISSUED
2003-12-01Job filed: Filing herewith for installation of sidewalk shed 125' long. No change in use, egress or occupancy.
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
2003-07-22ZONE — from YARROW, LLC
2003-07-22DEEDO — from THE CITY OF NEW YORK to NEW YORK CITY ECONOMIC DEVELOPMENT CORPO
2003-07-22Mortgage $46,300,000 — from YARROW LLC to NEW YORK STATE HOUSING FINANCE AGENCY$46,300,000
2003-07-22Agreement — from NEW YORK STATE HOUSING FINANCE AGENCY to YARROW LLC
2003-07-22CERT — from COMMONWEALTH LAND TITLE INSURANCE COMPAN
2003-06-19Permit EQ — ISSUED
2003-06-19Permit NB — ISSUED
2003-05-14Job filed: FILING HEREWITH FOR FOUNDATION AND EXCAVATION PLANS.
2003-05-01Job filed: SUBMITTING STRUCTURAL PLANS FOR CONSTRUC TION OF NEW BUILDING
2003-05-01Job filed: INSTALL OF NEW HVAC SYSTEM,A/C/ UNITS AN D PLUMBING FIXTURES AS PER PLAN FILED HEREWITH
2003-04-28Job filed: INSTALLATION OF A NEW SPRINKLER SYSTEM AS PER PLANS FILED HEREWITH. ALL FEES PAID UNDER NB#103422039.$1,000
2003-03-25Job filed: NB
2003-03-25Job filed: NB
2002
2002-11-13ECB Non-Hazardous violation: FAILURE TO MAINTAIN. DEFECT IS: 8'FENCE (CHAIN LINK) MISSING ON THE EAST SIDE. REMEDY: REPAIR DEFECT.$2,500
2002-11-07DOB complaint, category ?
1998
1998-05-28Permit EQ — ISSUED
1998-05-28Permit DM — ISSUED
1998-05-28Permit EQ — ISSUED
1992
1992-04-09DOB 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 ASSOC
1990-03-27CONS — from SOUTH ST SEAPORT CORP
1990-03-27CONS — from ANNUNITY PL ELECTRLETAL
1990-03-27Mortgage assigned — from METROPOLIS STUDIOS ASC to METROPOLIS SEAPORT ASSOC
1990-03-27SAGE — from METROPOLIS SEAPORT ASC
1990-03-27Mortgage assigned — from METROPOLIS GROUP NOM; PALERMO, DOUGLAS E NOM to METROPOLIS STUDIOS ASC
1990-03-27Mortgage assigned — from METROPOLIS SEAPORT ASC to PALERMO, DOUGLAS E.; METROPOLIS STUDIOS ASC; METROPOLIS GROUP
1990-03-27ASPM — from METROPOLIS SEAPORT ASSC
1990-01-23ECB Hazardous violation: FAIRLUE TO ERECT A SIDEWALK SHED PRIOR TO COMMENCEMENT OF DEMOLITION OPERATIONS. REMEDY: STOP ALL DEMOLILTION WORK. PROVIDE A
1990-01-22ECB Hazardous violation: FAILRUE TO SAFELTY AND PROPERLY REMOVE MATERIALS DEBRIS TO GROUND LEVEL. REMEDY: DISCONTINUE UNSAFE PRACTICE. REMOVE DEBRIS$500
1990-01-22ECB Hazardous violation: FAILRUE TO PROVIDE SIDEWALK SHED DURING DEMOLITION OPERATIONS. REMEDY: PROVIDE A SIDEWALK SHED.
1990-01-22ECB Hazardous violation: FAILURE TO GIVE 24 HOUR NOTICE PRIOR TO COMMENCEMENT OF DEMOLITION OF OPERATIONS. REMEDY: PROVIDE 24 HOUR NOTICE.$400
1989
1989-02-09DOB violation C:
1989-02-09DOB violation C:
1989-01-05Mortgage $8,000,000 — from PALERMO, DOUGLAS E; METROPOLIS STUDIOS ASC; METROPOLIS GROUP to ANNUITY PLN ELECTRCLETC$8,000,000
1989-01-05LEAS — from SOUTH ST SEAPORT CORP to PALERMO, DOUGLAS E; MEROPOLIS GROUP; METROPOLIS STUDIOS ASC
1989-01-05Agreement — from CITY OF NEW YORK to METROPOLIS GROUP
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
1989-01-05Mortgage assigned — from PALERMO, DOUGLAS E; METROPOLIS STUDIOS ASC; METROPOLIS GROUP to ANNUITY PLN ELECTRCLETC
1989-01-05LEAS — from SOUTH ST SEAPORT CORP to SEAPORT ASSOCIATES
1989-01-05SAGE — from SOUTH ST SEAPORT MUSEUM
1984
1984-02-10LEAS — from SOUTH STREET SEAPORTCP to SEAPORT ASSOCIATES
1984-02-10Agreement — from CITY OF NEW YORK 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
1983-09-02Mortgage assigned — from SOUTH ST SEAPORT MUSEUM to SOUTH ST.SEAPORT CORP.
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 SEAPORT REDEVELPMT CORP; SOUTH ST SEAPORT MUSEUM; SEAPORT MARKETPLACE,INC
1983-09-02LEAS — from SOUTH ST SEAPORT CORP. to SOUTH ST SEAPORT MUSEUM
1983-09-02Mortgage assigned — from SOUTH ST. SEAPORT MUSEUM to SOUTH ST SEAPORT CORP.
1983-09-02Agreement — from CITY OF NEW YORK to SOUTH ST SEAPORT MUSEUM; SEAPORT MARKETPLACE,INC.; SEAPORT REDEVELPMT CORP.
1983-09-02Agreement — from CITY OF NEW YORK to SOUTH ST SEAPORT MUSEUM
1983-09-02LEAS — from CITY OF NEW YORK to SOUTH ST SEAPORT CORP.
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
1973
1973-06-20Deed — from SOUTH ST SEAPORT MUSEUM to CITY OF NEW YORK
1973-06-20LEAS — from CITY OF NEW YORK to SOUTH ST SEAPORT MUSEUM
1968
1968-09-03Deed — from BERBER CORP to SOUTH ST SEAPORT MUSEUM
1968-04-03Agreement — from BERBER CORP to TRISDORFER, LEONARD; TRISDORFER, AUSTIN; TRISDORFER, STANLEY; COHEN, SAMUEL
1966
1966-08-11Mortgage assigned — from COHEN, HERMANIE C EXOF to TRISDORFER, LEONARD; COHEN, SAMUEL; TRISDORFER, AUSTIN; TRISDORFER, STANLEY