The city's published records show little recorded distress here in the last three years. Less recorded distress than 62% 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 10. In ZIP 10014, 69% of residential buildings hold an A and
5% 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
12 heat or hot-water complaints in the last three years (winter 2024–25: 6 · winter 2025–26: 6). Repeated winter clusters suggest a chronic heating problem.
6
’24–25
6
’25–26
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
17 service requests in the last three years. Most common: HEAT/HOT WATER (6) · Abandoned Vehicle (6) · Noise (5).
Filed construction activity
$39,150 in permitted construction work filed since
2016 (2 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 (1845)
Yes
Six or more residential units (6)
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)
16-18 VILLAGE MANAGEMENT LLC
Head officer
LAURANCE W NAGIN
Managing agent
NY SUPERIOR MANAGEMENT LLC
Last registered
2025-08-26
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
$3,643,000
$1,639,350
2026
$3,234,000
$1,455,300
2027
$3,288,000
$1,479,600
The city's market estimate has fallen
10% between tax years 2025 and 2027.
Building systems
Heating fuel
NATURALGAS
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 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
14 St — 1 2 3 F L M · 450 ft straight-line (about a 2-minute walk) · station accessibility: full 14 St — A C E L · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: full
Bus
Nearest boarding stop: 7 Av / W 12 St — M20 · 400 ft
Citi Bike
Perry St & Greenwich Ave · 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.
17 311 service requests from this address in the last three years — 6 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.
Most recent mortgage recorded against this lot: $2,521,182 on
2022-09-08 (lender: First Republic Bank), covering 2 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
2022-09-08
Mortgage $2,521,182 — from 16-18 VILLAGE MANAGEMENT LLC to FIRST REPUBLIC BANK
$2,521,182
2022-09-08
Agreement $3,400,000 — from 16-18 VILLAGE MANAGEMENT LLC to FIRST REPUBLIC BANK
$3,400,000
2022-09-08
AL&R $3,400,000 — from 16-18 VILLAGE MANAGEMENT LLC to FIRST REPUBLIC BANK
$3,400,000
2021-01-20
Agreement $1,100,000 — from BROWN-NAGIN, TRUSTEE, LAURIE; KENNETH L. NAGIN 2012 FAMILY TRUST; WAVERLY DEVELOPMENT ASSO to PEOPLE'S UNITED BANK, NATIONAL ASSOCIATI
$1,100,000
2013-06-14
Mortgage $110,299 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to PEOPLES UNITED BANK
$110,299
2013-06-14
Agreement $1,100,000 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to PEOPLES UNITED BANK
$1,100,000
2013-06-14
AL&R $1,100,000 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to PEOPLES UNITED BANK
$1,100,000
2010-05-06
Agreement $1,055,888 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to M & T REAL ESTATE TRUST
$1,055,888
2005-05-23
Agreement $1,145,875 — from WAVERLY DEVELOPMENT ASSOCIATES LLC; BROWNSTONE DEVELOPMENT ASSOCIATES LLC; VILLAGE DEVELOP to M&T REAL ESTATE TRUST; S/I/I M&T REAL ESTATE, INC.
$1,145,875
1993-03-26
Mortgage $103,271 — from BROWNSTONE DEVLMNT ASSOC; WAVERLY DEVELPMNT ASSC; VILLAGE DEVELPMNT ASSOC to EAST NEW YORK SAVINGS BK
$103,271
1986-10-03
Mortgage $322,334 — from WAVERLY DEVELOPMT ASSOC. to LUTHERAN CENETERY
$322,334
Ten-year activity
20100
2017
2018
2019
2020
2021
2022
2023
2024
17
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
0
0
1
1
2018
0
0
0
0
2
2
2019
0
2
6
0
2
10
2020
0
0
2
1
1
4
2021
0
0
1
3
1
5
2022
2
0
1
10
3
16
2023
6
0
2
0
2
10
2024
0
0
8
2
3
13
2025
0
0
16
0
1
17
2026
0
0
1
0
0
1
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2024-06-25Mortgage assigned — from FIRST REPUBLIC BANK, SAN FRANCISCO, CA; JPMORGAN CHASE BANK NA; FEDERAL DEPOSIT INSURANCE to JPMORGAN CHASE BANK NATIONAL ASSOCIATION
2024-06-25AALR — from FEDERAL DEPOSIT INSURANCE CORPORATION; JPMORGAN CHASE BANK NA; FIRST REPUBLIC BANK, SAN FR to JPMORGAN CHASE BANK NATIONAL ASSOCIATION
2023-05-15Permit General Construction — Signed-off
2023-05-02Rodent inspection: Passed
2023-04-25Permit Sidewalk Shed — Permit Issued
2023-01-27Permit Sidewalk Shed — Permit Issued
2023-01-26Job filed: PROPOSED INSTALLATION OF HEAVY DUTY SIDEWALK SHED FOR REMEDIAL REPAIRS AS PER PLANS. NO CHANGE IN USE OCCUPANCY OR EGRESS UNDER THIS APPLICATION. LIVE$4,000
2022
2022-12-08Bedbug filing: 0 infested units
2022-11-03Permit General Construction — Signed-off
2022-10-14Boiler inspection
2022-09-08Mortgage $2,521,182 — from 16-18 VILLAGE MANAGEMENT LLC to FIRST REPUBLIC BANK$2,521,182
2022-09-08Deed — from WAVERLY DEVELOPMENT ASSOCIATES LLC; WAVERLY DEVELOPMENT ASSOCIATES LLC to 16-18 VILLAGE MANAGEMENT LLC; 16-18 VILLAGE MANAGEMENT LLC
2022-09-08Deed — from WAVERLY DEVELOPMENT ASSOCIATES LLC; WAVERLY DEVELOPMENT ASSOCIATES LLC to 16-18 VILLAGE MANAGEMENT LLC; 16-18 VILLAGE MANAGEMENT LLC
2022-09-08Agreement $3,400,000 — from 16-18 VILLAGE MANAGEMENT LLC to FIRST REPUBLIC BANK$3,400,000
2022-09-08Mortgage assigned — from M&T BANK to FIRST REPUBLIC BANK
2022-09-08TL&R — from PEOPLES UNITED BANK to WAVERLY DEVELOPMENT ASSOCIATES LLC
2022-09-08Deed — from KENNETH L. NAGIN 2012 FAMILY TRUST; KENNETH L. NAGIN 2012 FAMILY TRUST to 16-18 VILLAGE MANAGEMENT LLC; 16-18 VILLAGE MANAGEMENT LLC
2022-09-08AL&R $3,400,000 — from 16-18 VILLAGE MANAGEMENT LLC to FIRST REPUBLIC BANK$3,400,000
2022-09-08Deed — from KENNETH L. NAGIN 2012 FAMILY TRUST; KENNETH L. NAGIN 2012 FAMILY TRUST to 16-18 VILLAGE MANAGEMENT LLC; 16-18 VILLAGE MANAGEMENT LLC
2022-08-15Deed transfer (nominal price)
2022-07-29Rodent inspection: Passed
2022-04-15Job filed: HEREBY FILING FOR RESTORATION OF DAMAGED BRICK& PARAPET TO REMEDIATE A SAFETY VIOLATION CONTROL# 357327. REPAIRS WILL BE DONE TO BACK FACADE AND BRIC$35,150
2022-01-03Rodent inspection: Passed
2021
2021-12-29Bedbug filing: 0 infested units
2021-06-30Boiler inspection
2021-01-20Deed — from WAVERLY DEVELOPMENT ASSOCIATES LLC to NAGIN, KENNETH; WAVERLY DEVELOPMENT ASSOCIATES LLC
2021-01-20Deed — from NAGIN, KENNETH to BROWN-NAGIN, TRUSTEE, LAURIE; KENNETH L. NAGIN 2012 FAMILY TRUST
2021-01-20Agreement $1,100,000 — from BROWN-NAGIN, TRUSTEE, LAURIE; KENNETH L. NAGIN 2012 FAMILY TRUST; WAVERLY DEVELOPMENT ASSO to PEOPLE'S UNITED BANK, NATIONAL ASSOCIATI$1,100,000
2013-06-14Mortgage $110,299 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to PEOPLES UNITED BANK$110,299
2013-06-14Mortgage assigned — from M & T REAL ESTATE TRUST to PEOPLES UNITED BANK
2013-06-14TL&R — from WAVERLY DEVELOPMENT ASSOCIATES LLC; BROWNSTONE DEVELOPMENT ASSOCIATES LLC; VILLAGE DEVELOP to M & T REAL ESTATE TRUST
2013-06-14Agreement $1,100,000 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to PEOPLES UNITED BANK$1,100,000
2013-06-14AL&R $1,100,000 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to PEOPLES UNITED BANK$1,100,000
2013-03-14311: HEATING — HEAT
2013-03-14Tenant complaint: HEATING — HEAT RELATED
2013-03-01DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2011 INSPECTION REPORT
2013-02-11ECB CLASS - 2 violation: B254,15,40,50A,B,C. 50A- NOT ENOUGH FRESH AIR TO BOILER ROOM. 50B- SEAL ALL HOLES IN BOILER ROOM. 50C- BAROMETIC REQUIRED W/SPILL $500
2012
2012-08-08311: HEATING — HEAT
2012-08-08Tenant complaint: HEATING — HEAT RELATED
2012-08-07311: HEATING — HEAT
2012-08-07Tenant complaint: HEATING — HEAT RELATED
2012-07-22311: HEATING — HEAT
2012-07-22Tenant complaint: HEATING — HEAT RELATED
2012-04-12Rodent inspection: Passed
2011
2011-05-31ECB CLASS - 1 violation: FAILURE TO PROVIDE UNOBSTRUCTED EXIT PASSAGEWAY. NOTED: EXIT FROM BASEMENT,WAVERLY INN RESTAURANT OBSTRUCTED BY TABLE & CHAINS & C$1,200
2011-05-19311: Street Condition — Defective Hardware
2011-05-15311: Street Condition — Cave-in
2011-05-11311: Street Condition — Failed Street Repair
2011-05-09311: Street Condition — Cave-in
2011-05-05311: Street Condition — Failed Street Repair
2011-05-03311: Street Condition — Cave-in
2011-03-18Rodent inspection: Passed
2010
2010-05-06Agreement $1,055,888 — from WAVERLY DEVELOPMENT ASSOCIATES LLC to M & T REAL ESTATE TRUST$1,055,888
2010-03-26Rodent inspection: Passed
2009
2009-12-31DOB violation LBLVIO:
2009-12-31DOB violation LBLVIO:
2009-03-25Tenant complaint: HEATING — HEAT RELATED
2009-03-15Tenant complaint: HEATING — HEAT RELATED
2009-03-04Tenant complaint: HEATING — HEAT RELATED
2009-01-01DOB violation LL6291:
2009-01-01DOB violation LL6291:
2008
2008-02-02Tenant complaint: HEATING — HEAT RELATED
2008-01-20Tenant complaint: HEATING — HEAT RELATED
2008-01-20Tenant complaint: HEATING — HEAT RELATED
2008-01-20Tenant complaint: HEATING — HEAT RELATED
2007
2007-11-27Tenant complaint: HEATING — HEAT RELATED
2007-02-14Tenant complaint: HEATING — HEAT RELATED
2006
2006-10-15Tenant complaint: HEATING — HEAT RELATED
2006-08-30Permit EW — ISSUED
2006-07-12Permit EW — ISSUED
2006-06-30Job filed: Install boiler in cellar. Gas connection filed under 104459603. Provide fresh air and exhaust for boiler. No change in use, egress or occupancy.$7,000
2006-06-16Permit PL — ISSUED
2006-06-12Permit EW — ISSUED
2006-06-09Job filed: Interior partitions and plumbing work in basement. No change in use, egress or occpuancy.$10,000
2006-04-06Tenant complaint: HEATING — HEAT RELATED
2006-03-09Permit EW — ISSUED
2006-02-23Permit EW — ISSUED
2006-02-22Job filed: Install new floors, ceilings and walls throughout the public space in basement level. Skim coat all walls in cellar. No change in use, egress or occ$20,000
2005
2005-05-23Agreement $1,145,875 — from WAVERLY DEVELOPMENT ASSOCIATES LLC; BROWNSTONE DEVELOPMENT ASSOCIATES LLC; VILLAGE DEVELOP to M&T REAL ESTATE TRUST; S/I/I M&T REAL ESTATE, INC.$1,145,875
2002
2002-05-09SAGE — from M&T REAL ESTATE, INC.
2001
2001-11-29Permit PL — ISSUED
2001-11-29Permit EW — ISSUED
2001-10-23Job filed: Renovate Apt. #2F on the 1st Floor. No chnage in use, occupancy, egress or room count.$15,000
2001-07-20DOB complaint, category ?
2001-07-20DOB complaint, category ?
1999
1999-10-27Permit PL — ISSUED
1999-10-27Permit EW — ISSUED
1998
1998-07-20SAGE — from MANUFACTURERS AND TRADERS TRUST COMPANY
1998-07-20Mortgage assigned — from WAVERLY DEVELOPMENTASSOCIATES, LLC; BROWNSTONE DEVELOPMENT ASSOCIATES, LLC; VILLAGE DEVELO to M&T REAL ESTATE, INC.
1998-07-20Agreement — from VILLAGE DEVELOPMENTASSOCIATES, LLC; BROWNSTONE DEVELOPMENT ASSOCIATES, LLC; WAVERLY DEVELO to M&T REAL ESTATE, INC.
1998-07-20Mortgage assigned — from MANUFACTURERS AND TRADERS TRUST COMPANY to M&T REAL ESTATE, INC.
1997
1997-01-08Permit EW — ISSUED
1997-01-08Permit PL — ISSUED
1997-01-08Permit EW — ISSUED
1996
1996-04-12DOB violation LANDMRK:
1995
1995-08-10Permit PL — ISSUED
1995-08-10Permit EW — ISSUED
1993
1993-03-26Mortgage assigned — from LUTHERAN CEMETERY to EAST NEW YORK SAVINGS BK
1993-03-26Agreement — from BROWNSTONE DEVEL ASSOC; VILLAGE DEVEL ASSOCIATES; WAVERLY DEVEL ASSOCIATES to EAST NEW YORK SAVINGS BK
1993-03-26Mortgage assigned — from BROWNSTONE DEVEL ASSOC; VILLAGE DEVEL ASSOCIATES; WAVERLY DEVEL ASSOCIATES to EAST NEW YORK SVGS BK
1993-03-26Mortgage $103,271 — from BROWNSTONE DEVLMNT ASSOC; WAVERLY DEVELPMNT ASSC; VILLAGE DEVELPMNT ASSOC to EAST NEW YORK SAVINGS BK$103,271
1986
1986-10-03Agreement — from LUTHERAN CEMETERY to WAVERLY DVLPMNT ASSOC.
1986-10-03Mortgage $322,334 — from WAVERLY DEVELOPMT ASSOC. to LUTHERAN CENETERY$322,334
1981
1981-10-05Agreement — from WAVERLY DEVELOPMT ASSOC to LUTHERAN CEMETERY
1981-09-15Mortgage — from WAVERLY DEVELOPMT ASSOC to LUTHERAN CEMETERY
1976
1976-09-10Deed — from 16181618 LTD to WAVERLY DEVELOPMENTASSC
1976-09-10Agreement — from 16181618 LTD to LUTHERAN CEMETERY
1976-09-10Mortgage assigned — from CITIZENS S/L ASSOC OF NY to LUTHERAN CEMETERY
1976-09-10Mortgage — from 16181618 LTD to LUTHERAN CEMETERY
1976-09-10Deed — from DAYFELL REALTY CORP to 16181618 LTD
1969
1969-04-29MISC — from GREENWICH VLLG HSTRCDST
1967
1967-11-08Mortgage — from DAYFELL REALTY CORP to WOODSIDE S/L ASSOCIATION