A sustained record of distress well beyond its peers. More recorded distress than 96% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty
points per 10 units; this building carries 47.2. In ZIP 10012, 65% of residential buildings hold an A and
5% grade D or F.
How grades work
this building
A
C
Among 699,345 1-5-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: Noise (6) · Illegal Parking (4) · Missed Collection (3) · UNSANITARY CONDITION (2) · Residential Disposal Complaint (1) · PLUMBING (1).
Filed construction activity
$100,000 in permitted construction work filed since
2016 (3 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 (1832)
No
Six or more residential units (5)
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 with HPD — the names behind the building
Registered owner(s)
196 PRINCE ST. LLC
Head officer
ROGER A ABIZEID
Managing agent
196 PRINCE ST LLC
Last registered
2025-10-01
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
$4,962,000
$2,232,900
2026
$3,970,000
$1,786,500
2027
$3,176,000
$1,429,200
The city's market estimate has fallen
36% between tax years 2025 and 2027.
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 4 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
Subway
Spring St — C E · 350 ft straight-line (about a 2-minute walk) · station accessibility: partial (Downtown only) Houston St — 1 · 850 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 6 Av / Prince St — M21 M55 · 250 ft
Citi Bike
MacDougal St & Prince 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.
Sales, deeds & mortgages
Most recent mortgage recorded against this lot: $5,000,000 on
2019-10-03 (lender: Interaudi Bank). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2019-10-03
Deed $8,000,000 — from L. ERMELINO, LLC; LOUISE ERMELINO CUTOLO AS TRUSTEE; LOUISE ERMELINO A/K/A to 196 PRINCE ST. LLC
$8,000,000
2019-10-03
Mortgage $5,000,000 — from 196 PRINCE ST. LLC to INTERAUDI BANK
$5,000,000
2019-10-03
AL&R $5,000,000 — from 196 PRINCE ST. LLC to INTERAUDI BANK
$5,000,000
2019-09-23
Sold for $8,000,000
$8,000,000
$1,600,000
Ten-year activity
50250
2017
2018
2019
2020
2021
2022
2023
2024
25
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
1
0
1
2
2018
0
0
0
0
2
2
2019
0
0
4
4
3
11
2020
0
1
4
1
1
7
2021
0
0
13
0
7
20
2022
0
0
3
0
1
4
2023
5
0
9
0
3
17
2024
0
0
3
0
3
6
2025
0
4
19
0
2
25
2026
0
0
7
0
2
9
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-08-10HPD class C: § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING HOOK AND EYE INSTALLED AT VESTIBULE DOOR AT PUBLIC HALL, 1st
2025-08-10HPD class A: § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM
2025-08-10HPD class C: § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING HOOK AND EYE INSTALLED AT BUILDING FRONT ENTRANCE DOOR AT PUB
2025-08-06311: GENERAL — BELL/BUZZER/INTERCOM
2025-08-06311: UNSANITARY CONDITION — MOLD
2025-08-06311: PLUMBING — WATER SUPPLY
2025-08-06Tenant complaint: GENERAL — BELL/BUZZER/INTERCOM
2025-08-06Tenant complaint: PLUMBING — WATER SUPPLY
2025-06-04HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2024-11-22HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2024-11-15Boiler inspection
2024-03-05Restaurant inspection: SUSHI OUJI
2024-02-14Bedbug filing: 0 infested units
2024-01-18Rodent inspection: Passed
2024-01-18311: Residential Disposal Complaint — Storage Area Not Provided
2023
2023-12-22Job filed: Proposed interior renovation @ cellar of commercial space with new partitions work, and finish work as per plans. No change in use, egress, or occupan$48,000
2023-11-15HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2023-07-31Permit General Construction — Signed-off
2023-07-24Job filed: Proposed interior renovation @ cellar of commercial space with new partitions work, and finish work as per plans. No change in use, egress, or occupan$48,000
2023-07-24Job filed: Proposed plumbing work @ cellar of commercial space as per plans. No change in use, egress, or occupancy.$4,000
2023-03-15HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2023-01-30Rodent inspection: Passed
2022
2022-11-02HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2022-09-21Boiler inspection
2022-02-16HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2022-02-16HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2021
2021-11-29Rodent inspection: Failed for Rat Activity
2021-11-17Boiler inspection
2021-10-13Rodent inspection: Bait applied
2021-09-30Rodent inspection: Bait applied
2021-09-21Rodent inspection: Bait applied
2021-08-30Rodent inspection: Failed for Rat Activity
2021-08-03Rodent inspection: Failed for Rat Activity
2021-07-07311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-07-02311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-06-27311: Urinating in Public — N/A
2021-06-18311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-06-17311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-06-06311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-05-07311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-04-01HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2021-04-01HPD class A: (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD
2020
2020-10-20LDMK — from NYC LANDMARKS PRESERVATION COMMISSION
2020-10-11311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-09-29Boiler inspection
2020-05-17311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-04-26311: COVID-19 Non-essential Construction — Construction
2020-04-26DOB complaint, category ?
2020-02-13311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019
2019-11-06Rodent inspection: Passed
2019-10-03Deed $8,000,000 — from L. ERMELINO, LLC; LOUISE ERMELINO CUTOLO AS TRUSTEE; LOUISE ERMELINO A/K/A to 196 PRINCE ST. LLC$8,000,000
2019-10-03Mortgage $5,000,000 — from 196 PRINCE ST. LLC to INTERAUDI BANK$5,000,000
2019-10-03AL&R $5,000,000 — from 196 PRINCE ST. LLC to INTERAUDI BANK$5,000,000
2005-08-11Deed — from BONNET, MARISA; ERMELINO (TRUSTEE), LOUISE; ERMELINO, ANTHONY; ERMELINO, JEANMARIE; WILL O to WILL OF LOUISE ERMELINO; ERMELINO (TRUSTEE), LOUISE; L. ERMELINO, LLC
2005-08-11Deed — from ESTATE OF LOUISE ERMELINO; ERMELINO (EXECUTOR), ARTHUR; ERMELINO (EXECUTRIX), LOUISE to ERMELINO, JEANMARIE; ERMELINO, ANTHONY; BONNET, MARISA; ERMELINO (AS TRUSTEE), LOUISE; WIL