Building report

264 Water Street · Manhattan · BBL 1001067504 · generated 2026-10-20 · FREE Print / save PDF

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Where the penalty points come from

Open with the city right now

status snapshot refreshed weekly from HPD records

Patterns

4 heat or hot-water complaints in the last three years (winter 2024–25: 2).

No bedbug-infested units reported in the last three years of filings.

$58,750 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

15 service requests in the last three years. Most common: Dirty Condition (2) · General Construction/Plumbing (2) · Real Time Enforcement (2) · Noise (2) · HEAT/HOT WATER (2) · WATER LEAK (2).

Filed construction activity

$2,462,900 in permitted construction work filed since 2016 (32 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

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

as filed by the owner in the building's HPD registration

What the city thinks it's worth

The city's market estimate has fallen 13% between tax years 2025 and 2027.

Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY

For property tax, the Department of Finance values this condo as if it were a rental building. Its 2016 estimate: gross income $1,611,597 a year ($41.13 per sq ft), operating expenses $596,365 ($15.22 per sq ft), net operating income $1,015,232. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

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.

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.

Getting around

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.

Report a problem to 311

264 Water Street Copy address

15 311 service requests from this address in the last three years — 2 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.

The landlord's report card

Managed by MAXWELL-KATES INC. — 196 buildings, 14,349 units. Grades across the portfolio: A182 · B9 · C2 · F1. See the whole portfolio

showing 60 of 196 buildings

Sales, deeds & mortgages

Ten-year activity

Show as table

Year	Construction	Enforcement	Housing & tenants	Ownership & money	Health & systems	Total
2017	10	4	3	44	9	70
2018	14	4	8	36	6	68
2019	7	2	7	13	6	35
2020	2	0	5	42	1	50
2021	5	17	10	15	2	49
2022	16	3	1	3	1	24
2023	14	9	8	6	4	41
2024	3	14	10	19	2	48
2025	5	5	6	8	4	28
2026	10	1	7	7	1	26

The last 12 months — 32 records

The full timeline

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