The city's published records show little recorded distress here in the last three years. Less recorded distress than 79% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty
points per 10 units; this building carries 3.1. In ZIP 10012, 65% of residential buildings hold an A and
5% grade D or F.
How grades work
this building
A
B
C
Among 17,252 25-99-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.
1 bedbug-infested unit(s) reported in filings over the last three years.
What 311 hears from this address
42 service requests in the last three years. Most common: Noise (10) · Outdoor Dining (10) · Consumer Complaint (6) · Vendor Enforcement (4) · Illegal Parking (3) · Sidewalk Condition (2).
Filed construction activity
$301,340 in permitted construction work filed since
2016 (12 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 (1900)
Yes
Six or more residential units (27)
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)
198-202 ELIZABETH STREET LLC
Head officer
MARTIN BLUM
Managing agent
ISAAC BENISHAI
Last registered
2026-07-27
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
$3,913,000
$1,760,850
2026
$3,915,000
$1,761,750
2027
$3,795,000
$1,707,750
The city's market estimate has fallen
3% between tax years 2025 and 2027.
1 Food Establishment complaint to 311 at this address in the last three years (most often: Food Temperature) · complaints filed by the public; DOHMH investigates, outcomes aren't published.
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Not in a hurricane evacuation zone.
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
Subway
Bowery — J Z · 650 ft straight-line (about a 3-minute walk) · station accessibility: none Spring St — 6 · 750 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: Bowery / Prince St — M103 · 200 ft
Citi Bike
Mott St & Prince St · 500 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.
42 311 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.
Sales, deeds & mortgages
Most recent mortgage recorded against this lot: $15,000,000 on
2018-09-25 (lender: Deutsche Bank Ag New York Branch), covering 4 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
2018-09-25
AL&R $15,000,000 — from 198-202 ELIZABETH STREET LLC; 204-210 ELIZABETH STREET LLC to DEUTSCHE BANK AG NEW YORK BRANCH
$15,000,000
2018-09-25
Mortgage $15,000,000 — from 204-210 ELIZABETH STREET LLC; 198-202 ELIZABETH STREET LLC to DEUTSCHE BANK AG NEW YORK BRANCH
$15,000,000
2013-04-24
CORR $33,937,500 — from 204-210 ELIZABETH STREET LLC; 198-202 ELIZABETH STREET LLC to DEUTSCHE BANK TRUST COMPANY AMERICAS
$33,937,500
2013-04-24
CORRM $33,937,500 — from 204-210 ELIZABETH STREET LLC; 198-202 ELIZABETH STREET LLC to DEUTSCHE BANK TRUST COMPANY AMERICAS
$33,937,500
2013-01-08
Deed $22,625,000 — from OZI MANAGEMENT CORP. to 198-202 ELIZABETH STREET LLC
$22,625,000
1991-06-14
Mortgage $380,000 — from OZI MANAGEMENT CORP to LAROSA,MICHAELANGELOEST
$380,000
Ten-year activity
50250
2017
2018
2019
2020
2021
2022
2023
2024
2025
39
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
6
0
4
0
2
12
2018
1
0
3
2
2
8
2019
0
1
9
0
3
13
2020
0
3
3
0
1
7
2021
0
0
1
0
2
3
2022
0
1
5
0
2
8
2023
0
0
5
0
4
9
2024
8
0
4
0
2
14
2025
1
7
7
0
3
18
2026
0
2
33
0
4
39
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
311: Consumer Complaint — Bodega, Deli, or Convenience Store
2026-06-21
311: Noise - Commercial — Loud Talking
2026-06-21
311: Noise - Commercial — Loud Talking
2026-06-20
311: Vendor Enforcement — Non-Food Vendor
2026-06-20
311: Real Time Enforcement — Work Without A Permit - Occupied Multiple Dwelling
2026-06-20
311: Noise - Commercial — Loud Music/Party
2026-06-20
DOB complaint, category ?
2026-06-19
311: Vendor Enforcement — Food Vendor
2026-06-19
311: Outdoor Dining — Sidewalk Zone Blocked
2026-06-08
Restaurant inspection: CAFFE PARADISO — grade Z
2026-05-27
311: Sidewalk Condition — Cellar Door Open/Unprotected
2026-03-30
Restaurant inspection: CAFFE PARADISO
2026-03-17
311: Food Establishment — Food Temperature
2026-02-22
311: Outdoor Dining — Site Setup Condition
2026-01-20
Rodent inspection: Passed
2026-01-15
Bedbug filing: 0 infested units
2026-01-06
ECB CLASS - 2 violation: FAILURE TO MAINTAIN BUILDING IN A CODE-COMPLIANT MANNER. AT TIME OF INSPECTION, OBSERVED TEMPORARY STORM ENCLOSURE OBSTRUCTING SID
2025-12-26
DOB complaint, category ?
2025-12-06
311: Non-Emergency Police Matter — Other (complaint details)
2026-06-19311: Outdoor Dining — Sidewalk Zone Blocked
2026-06-08Restaurant inspection: CAFFE PARADISO — grade Z
2026-05-27311: Sidewalk Condition — Cellar Door Open/Unprotected
2026-03-30Restaurant inspection: CAFFE PARADISO
2026-03-17311: Food Establishment — Food Temperature
2026-02-22311: Outdoor Dining — Site Setup Condition
2026-01-20Rodent inspection: Passed
2026-01-15Bedbug filing: 0 infested units
2026-01-06ECB CLASS - 2 violation: FAILURE TO MAINTAIN BUILDING IN A CODE-COMPLIANT MANNER. AT TIME OF INSPECTION, OBSERVED TEMPORARY STORM ENCLOSURE OBSTRUCTING SID
2025
2025-12-26DOB complaint, category ?
2025-12-06311: Non-Emergency Police Matter — Other (complaint details)
2025-10-04311: Outdoor Dining — Sidewalk Zone Blocked
2025-09-24Eviction executed (15)
2025-08-29311: Consumer Complaint — Stoop Line Stand
2025-07-27311: Outdoor Dining — Sidewalk Zone Blocked
2025-07-23Boiler inspection
2025-06-02311: Outdoor Dining — Sidewalk Zone Blocked
2025-06-01311: Consumer Complaint — Stoop Line Stand
2025-04-14FDNY inspection (AGED_OUT)
2025-04-14FDNY inspection (RISK)
2025-04-14FDNY inspection (AGED_OUT)
2025-04-14FDNY inspection (E-CIDS)
2025-04-14FDNY inspection (COM_OCPCY)
2025-04-14FDNY inspection (COM_OCPCY)
2025-03-31Job filed: REPLACEMENT OF HEAT PUMP SPLIT SYSTEM FOR GROUND FLOOR RETAIL TENANT SPACE. INSTALLATION OF OUTDOOR UNIT ON MAIN ROOF.$42,000
2017-03-13311: Street Light Condition — Street Light Out
2017-03-10Job filed: THIS PAA IS SUBMITTED TO AMEND SCH B$40,000
2017-03-10Job filed: THIS PAA IS SUBMITTED TO AMEND SCH B$40,000
2017-02-09Job filed: RENOVATE EXISTING HALLWAY FROM 1ST TO 6TH FLOOR. REPLACE FLOOR FINISHES, REPAINT WALL AND CEILING. NO CHANGE IN EGRESS. NO CHANGE IN OCCUPANCY OR USE.$30,000
2016
2016-11-09Rodent inspection: Passed
2016-09-10Permit EW — ISSUED
2016-09-08Job filed: INSTALL CHIMNEY LINER IN EXISTING MASONRY CHIMNEY AS PER PLANS.$15,000
2016-09-08Job filed: INSTALL CHIMNEY LINER IN EXISTING MASONRY CHIMNEY AS PER PLANS.$15,000
2016-09-07311: Street Condition — Cave-in
2016-08-26311: Street Condition — Defective Hardware
2016-08-12Permit EW — ISSUED
2016-08-12Permit EW — ISSUED
2016-07-06Rodent inspection: Passed
2016-05-02Rodent inspection: Bait applied
2016-04-25Rodent inspection: Bait applied
2016-04-18Rodent inspection: Bait applied
2016-04-11Rodent inspection: Bait applied
2016-04-04Rodent inspection: Bait applied
2016-03-30311: Lead — Lead Kit Request (Residential) (L10)
2016-03-17Rodent inspection: Failed for Rat Activity
2016-02-03Permit EW — ISSUED
2016-02-03Permit EW — ISSUED
2016-02-03Permit PL — ISSUED
2016-02-02Job filed: REPLACE BOILER AND OIL BURNER (NYC BOILER NO. MD24671-01) WITH BOILER AND GAS/OIL BURNER AND INSTALL NEW GAS SERVICE, GAS METER AND GAS PIPING.$25,000
2016-02-02Job filed: REPLACE BOILER AND OIL BURNER (NYC BOILER NO. MD24671-01) WITH BOILER AND GAS/OIL BURNER AND INSTALL NEW GAS SERVICE, GAS METER AND GAS PIPING.$25,000
2015
2015-12-23Rodent inspection: Failed for Rat Activity
2015-08-06Permit EW — ISSUED
2015-07-31Permit EW — ISSUED
2015-07-14Job filed: REPAIR EXISTING SIDEWALK STAIR & HANDRAILS, AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION.$25,000
2015-07-14Job filed: REPAIR EXISTING SIDEWALK STAIR & HANDRAILS, AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION.$25,000
2015-03-09Permit EW — ISSUED
2014
2014-11-13Job filed: PROPOSED VAULT REPAIRS AS INDICATED ON PLANS AND APPLICATIONS. THERE IS NO CHANGE IN USE EGRESS OR OCCUPANCY.$60,000
2014-06-27Permit EW — ISSUED
2014-06-18Job filed: INTERIOR RENOVATION OF EXISTING COMMERCIAL SPACE, REMOVAL OF PARTITIONS, FLOORING . NO CHANGE IN OCCUPANCY, USE OR EGRESS.$39,000
2013
2013-05-03311: Lead — Lead Kit Request (Residential) (L10)
2013-04-24CORR $33,937,500 — from 204-210 ELIZABETH STREET LLC; 198-202 ELIZABETH STREET LLC to DEUTSCHE BANK TRUST COMPANY AMERICAS$33,937,500
2013-04-24CORRM $33,937,500 — from 204-210 ELIZABETH STREET LLC; 198-202 ELIZABETH STREET LLC to DEUTSCHE BANK TRUST COMPANY AMERICAS$33,937,500
2013-01-08Deed $22,625,000 — from OZI MANAGEMENT CORP. to 198-202 ELIZABETH STREET LLC$22,625,000
2012
2012-04-02Rodent inspection: Passed
2012-02-19311: Emergency Response Team (ERT) — After Hours Work - Illegal
2012-02-19DOB complaint, category ?
2011
2011-12-23Permit EW — ISSUED
2011-09-15Job filed: WORK ON 6TH FLOOR - APT. 28 - REMOVE AND CONSTRUCT PARTITION, INSTALL NEW FLOORING AND REPLACE BATHROOM FIXTURES. NO CHANGE IN USE, EGRESS AND OCCUPAN$7,162
1993-04-14Mortgage assigned — from HERMELE, CYRIL TRTEE; LAROSA, GRACE TRTEE; LAROSA, M. U/W/O to LAROSA,MICHAELANGELOLWT; HERMELE, CYRIL EXTRS; LAROSA, GRACE EXTR
1991
1991-06-14Deed — from LA ROSA, MICHALANGLOLWT; LA ROSA, MIKE AKA; HERMELE, CYRIL H. EXEC; LA ROSA, MICHAEL AKA; to OZI MANAGEMENT CORP
1991-06-14Mortgage satisfied — from 202 ELIZABETH ST RLTY CP to FRAJO ASSOCIATES INC
1991-06-14Mortgage satisfied — from 202 ELIZABETH ST RLTY CP to FRAJO ASSOCIATES INC
1991-06-14Mortgage $380,000 — from OZI MANAGEMENT CORP to LAROSA,MICHAELANGELOEST$380,000
1990
1990-07-05ECB Non-Hazardous violation: WORK WITHOUT A PERMIT-WORK NOTED AT 1ST STORY SOUTH SIDE STORE.(1)RE- MOVAL OF RATED CEILING.(2)CUT OPEN FOUR OPENINGS IN MASONRY $285
1990-06-20DOB complaint, category ?
1988
1988-12-30Deed — from 202 ELIZABETH ST RLTY CP to HERMELE, CYRIL H; LA ROSA, GRACE EXEC; LA ROSA, MICHAELANGELO
1967
1967-03-14Mortgage — from 202 ELIZABETH ST REALTY to HERMELE, HYMAN
1966
1966-07-19Mortgage — from 202 ELIZABETH ST REALTY to FRAJO ASSOCIATES INC
1966-01-10Mortgage — from 202 ELIZABETH ST REALTY to FRAJO ASSOCIATES INC