A modest record — below the level that usually signals systemic problems. More 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 28. In ZIP 10011, 68% 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
Open HPD violations
3 total — 0 class C (immediately hazardous), 3 class B, 0 class A. Oldest open since 2024-08-16.
status snapshot refreshed weekly from HPD records
Patterns
6 heat or hot-water complaints in the last three years (winter 2024–25: 2 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.
2
’24–25
4
’25–26
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
23 service requests in the last three years. Most common: Noise (11) · HEAT/HOT WATER (3) · Non (2) · UNSANITARY CONDITION (2) · WATER LEAK (2) · Encampment (1).
Filed construction activity
$80,000 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 (1920)
Yes
Six or more residential units (10)
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)
GW 348 WEST 21ST STREET LLC
Head officer
ALEXANDER STEFANELLI
Managing agent
NIEUW AMSTERDAM PROPERTY MANAGEMENT
Last registered
2025-08-20
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
$2,877,000
$1,294,650
2026
$3,452,000
$1,553,400
2027
$3,922,000
$1,764,900
The city's market estimate has risen
36% between tax years 2025 and 2027.
Flood exposure
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
23 St — C E · 850 ft straight-line (about a 4-minute walk) · station accessibility: none 14 St — A C E L · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full
Bus
Nearest boarding stop: 9 Av / W 20 St — M11 · 350 ft
Citi Bike
9 Ave & W 22 St · 300 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.
23 311 service requests from this address in the last three years — 3 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: $33,000,000 on
2017-08-22 (lender: Cantor Commercial Real Estate Funding, L.P.), covering 13 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
2024-12-27
ASPM $75,000,000 — from GW 310 WEST 22ND STREET, LLC; GW 431 WEST 22ND STREET, LLC; GW 456 WEST 22ND STREET, LLC; to WELLS FARGO BANK, NA, AS TRUSTEE TRUST 2
$75,000,000
2024-12-27
Deed $4,980,853 — from 348 W 21ST STREET PARTNERS 1 LLC; 348 W 21ST STREET PARTNERS 2 LLC to GW 348 WEST 21ST STREET, LLC
$4,980,853
2024-12-19
Sold for $4,980,853
$4,980,853
$498,085
2017-08-22
AL&R $75,000,000 — from 339 W 19TH STREET PARTNERS 2 LLC; 313 W 29TH STREET PARTNERS 1 LLC; 307 W 29TH STREET PART to CANTOR COMMERCIAL REAL ESTATE FUNDING, L
$75,000,000
2017-08-22
Agreement $75,000,000 — from 348 W 21ST STREET PARTNERS 1 LLC; 456 W 22ND STREET PARTNERS 2 LLC; 307 W 29TH STREET PART to CANTOR COMMERCIAL REAL ESTATE FUNDING, L
$75,000,000
2017-08-22
Mortgage $33,000,000 — from 431 W 22ND STREET PARTNERS 2 LLC; 341 W 19TH STREET PARTNERS 1 LLC; 307 W 29TH STREET PART to CANTOR COMMERCIAL REAL ESTATE FUNDING, L
$33,000,000
2016-05-27
Mortgage $2,650,000 — from 348 W 21ST STREET PARTNERS 2 LLC; 348 W 21ST STREET PARTNERS 1 LLC to BANKUNITED, N.A
$2,650,000
2016-05-27
AL&R $2,650,000 — from 348 W 21ST STREET PARTNERS 1 LLC; 348 W 21ST STREET PARTNERS 2 LLC to BANKUNITED, N.A
$2,650,000
2016-05-27
Deed $3,350,000 — from INDEPENDENCE PROPERTIES 348, LLC to 348 W 21ST STREET PARTNERS 1 LLC; 348 W 21ST STREET PARTNERS 2 LLC
$3,350,000
2016-05-12
Sold for $3,350,000
$3,350,000
$335,000
Ten-year activity
50250
2017
2018
2019
2020
2021
31
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
6
1
7
2018
0
0
6
2
8
2019
0
1
0
2
3
2020
0
2
0
0
2
2021
0
12
0
1
13
2022
1
28
0
2
31
2023
0
4
0
2
6
2024
0
14
4
1
19
2025
0
12
0
1
13
2026
0
13
0
1
14
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HPD class C: § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CONCRETE STEPS LEADING TO BUILDING FRONT ENTRANCE, FIRST, S
2026-04-28HPD class C: § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CONCRETE STEPS LEADING TO BUILDING FRONT ENTRANCE, FIRST, S
2025-04-19Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2025-01-20311: Noise — Noise: Alarms (NR3)
2025-01-14311: Noise — Noise: Alarms (NR3)
2025-01-11311: Noise — Noise: Alarms (NR3)
2025-01-11311: Noise — Noise: Alarms (NR3)
2024
2024-12-27TERA — from 348 W 21ST STREET PARTNERS 1 LLC to 348 W 21ST STREET PARTNERS 2 LLC
2024-12-27ASPM $75,000,000 — from GW 310 WEST 22ND STREET, LLC; GW 431 WEST 22ND STREET, LLC; GW 456 WEST 22ND STREET, LLC; to WELLS FARGO BANK, NA, AS TRUSTEE TRUST 2$75,000,000
2024-12-27Deed $4,980,853 — from 348 W 21ST STREET PARTNERS 1 LLC; 348 W 21ST STREET PARTNERS 2 LLC to GW 348 WEST 21ST STREET, LLC$4,980,853
2024-08-16HPD class B: § 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3R, 2nd STORY, 1st APARTMENT FROM SOU
2024-08-16HPD class C: § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MIS
2024-08-16HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT SOUTH WALL IN THE 2nd ROOM FROM NORTH L
2024-08-16HPD class B: § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 3R, 2nd STORY, 1s
2022-09-06311: Abandoned Vehicle — With License Plate
2022-06-21HPD class B: § 27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE MORTISE LOCK MECHANISM AT DOOR AT BASEMENT ENTRANCE TO BUILDING
2022-06-02311: Dirty Condition — Syringes
2022-05-03311: Noise - Helicopter — Other
2022-04-22311: DOOR/WINDOW — DOOR
2022-04-22Tenant complaint: DOOR/WINDOW — DOOR
2022-04-18311: Standing Water — Basement
2022-04-18311: HEAT/HOT WATER — APARTMENT ONLY
2022-04-18311: GENERAL — BELL/BUZZER/INTERCOM
2022-04-18Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2022-04-18Tenant complaint: GENERAL — BELL/BUZZER/INTERCOM
2022-04-04311: Noise - Helicopter — Other
2022-03-30HPD class C: § 27-2033 ADM CODE PROVIDE READY ACCESS TO BUILDINGS HEATING SYSTEM DOOR LOCKED AT CELLAR
2022-03-30HPD class B: § 27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE INTERCOM IN THE ENTRANCE LOCATED AT APT 1R, 1st STORY, 1st APARTMENT FROM EAST AT
2022-03-30HPD class C: § 27-2029 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE 2nd ROOM FROM EAST LOCATED AT APT 1R, 1st STORY, 1st APARTMEN
2022-03-29311: Plumbing — Failure To Retain Water/Improper Drainage- (LL103/89)
2022-03-29311: GENERAL — BELL/BUZZER/INTERCOM
2022-03-29311: HEAT/HOT WATER — APARTMENT ONLY
2022-03-29Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2022-03-29Tenant complaint: GENERAL — BELL/BUZZER/INTERCOM
2022-03-29DOB complaint, category ?
2022-03-10Rodent inspection: Passed
2022-02-01311: Noise - Helicopter — Other
2022-01-15311: Noise — Noise: Alarms (NR3)
2022-01-11311: WATER LEAK — DAMP SPOT
2022-01-11311: HEAT/HOT WATER — APARTMENT ONLY
2022-01-11Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2022-01-11Tenant complaint: WATER LEAK — DAMP SPOT
2020-10-17311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019
2019-08-29Rodent inspection: Passed
2019-05-28311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-02-21Rodent inspection: Passed
2018
2018-05-22Rodent inspection: Passed
2018-04-18Rodent inspection: Passed
2018-01-23Mortgage assigned — from CCRE LIFECO LOAN SELLER, L.P. to CANTOR COMMERCIAL REAL ESTATE LENDING, L
2018-01-23Mortgage assigned — from CANTOR COMMERCIAL REAL ESTATE LENDING, L to CCRE LIFECO LOAN SELLER, L.P.
2018-01-23Mortgage assigned — from CANTOR COMMERCIAL REAL ESTATE LENDING, L to WELLS FARGO BANK, NATIONAL ASSOCIATION,
2018-01-17AALR — from CANTOR COMMERCIAL REAL ESTATE LENDING, L to CCRE LIFECO LOAN SELLER, L.P.
2018-01-17AALR — from CCRE LIFECO LOAN SELLER, L.P. to CANTOR COMMERCIAL REAL ESTATE LENDING, L
2018-01-17AALR — from CANTOR COMMERCIAL REAL ESTATE LENDING, L to WELLS FARGO BANK, NATIONAL ASSOCIATION,
2017
2017-08-22Agreement — from 348 W 21ST STREET PARTNERS 1 LLC to 348 W 21ST STREET PARTNERS 2 LLC
2017-08-22Mortgage assigned — from BANKUNITED, N.A. to CANTOR COMMERCIAL REAL ESTATE FUNDING, L
2017-08-22AL&R $75,000,000 — from 339 W 19TH STREET PARTNERS 2 LLC; 313 W 29TH STREET PARTNERS 1 LLC; 307 W 29TH STREET PART to CANTOR COMMERCIAL REAL ESTATE FUNDING, L$75,000,000
2017-08-22Agreement $75,000,000 — from 348 W 21ST STREET PARTNERS 1 LLC; 456 W 22ND STREET PARTNERS 2 LLC; 307 W 29TH STREET PART to CANTOR COMMERCIAL REAL ESTATE FUNDING, L$75,000,000
2017-08-22Mortgage $33,000,000 — from 431 W 22ND STREET PARTNERS 2 LLC; 341 W 19TH STREET PARTNERS 1 LLC; 307 W 29TH STREET PART to CANTOR COMMERCIAL REAL ESTATE FUNDING, L$33,000,000
2017-08-15TL&R — from BANKUNITED, N.A. to 348 W 21ST STREET PARTNERS 2 LLC; 348 W 21ST STREET PARTNERS 1 LLC
2017-01-18Rodent inspection: Passed
2016
2016-09-30Permit EW — ISSUED
2016-07-01Job filed: FILING FOR INTERIOR RENOVATION OF LOBBY AND COMMON HALLWAYS. PAINT, SCRAPE, SHEETROCK AND FLOORING. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$40,000
2016-07-01Job filed: FILING FOR INTERIOR RENOVATION OF LOBBY AND COMMON HALLWAYS. PAINT, SCRAPE, SHEETROCK AND FLOORING. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$40,000
2016-07-01Permit EW — ISSUED
2016-05-27Mortgage $2,650,000 — from 348 W 21ST STREET PARTNERS 2 LLC; 348 W 21ST STREET PARTNERS 1 LLC to BANKUNITED, N.A$2,650,000
2016-05-27AL&R $2,650,000 — from 348 W 21ST STREET PARTNERS 1 LLC; 348 W 21ST STREET PARTNERS 2 LLC to BANKUNITED, N.A$2,650,000
2016-05-27Deed $3,350,000 — from INDEPENDENCE PROPERTIES 348, LLC to 348 W 21ST STREET PARTNERS 1 LLC; 348 W 21ST STREET PARTNERS 2 LLC$3,350,000
2016-04-04HPD class A: SECTION 27-2053 ADM CODE POST SIGN ON WALL OF ENTRANCE STORY BEARING NAME, ADDRESS INCLUDING APARTMENT NUMBER IF ANY, AND TELEPHONE NUMBER O
2016-04-04HPD class A: SECTION 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF T
2016-02-26Rodent inspection: Passed
2015
2015-11-10Rodent inspection: Passed
2015-10-25311: Rodent — Signs of Rodents
2015-10-02HPD class I: SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER
2011-10-05311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2011-06-01Rodent inspection: Passed
2010
2010-06-01Rodent inspection: Passed
2003
2003-05-23DOB complaint, category ?
1997
1997-02-10DOB violation LL6291:
1995
1995-08-29DOB violation LL6291:
1994
1994-03-18DOB violation LL6291:
1993
1993-03-18DOB violation LL6291:
1988
1988-11-16Mortgage assigned — from TAMARIN, HAROLD; BERNSTEIN, PAUL DECD; CHAIKEN, BERNICE INDV; BERNSTEIN, LEON INDV to APARTMENT MTNCE CORP
1986
1986-04-29HPD class A: D26-20.08 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISS
1986-04-29HPD class A: D26-41.15 ADM CODE POST A SIGN ON WALL OF ENTRANCE STORY IDENTIFYING OWNER AND MANAGING AGENT.
1981
1981-05-15Mortgage assigned — from CYPRESS HILLS CEMETERY to APARTMENT MAINTENANCE
1977
1977-01-24HPD class A: D26-21.03 ADM CODE PAINT OR POST A SIGN INDICATING FLOORS AT OR NEAR PUB HALL STAIRS ALL STYS.
1976
1976-05-30HPD class A: D26-10.01 ADM CODE REMOVE THE BROKEN OR DEFECTIVE FLOORING AND PAVE THE FLOOR WITH 4 INCHES OF CONCRETE CELLAR THROUGHOUT.
1974
1974-10-31Mortgage assigned — from BERNSTEIN, MARY ADMIN to CHAIKIN, BERNICE; BERNSTEIN, PAUL; BERNSTEIN, LEON
1970
1970-06-18Mortgage assigned — from SACKMAN-GILLILAND CORP to CYPRESS HILLS CEMETERY
1969
1969-12-05Mortgage — from INDEPENDENCE PROPERTIES to SACKMAN-GILLILAND CORP
1969-09-10Mortgage — from INDEPENDENCE PROPERTIES to SACKMAN-GILLILAND CORP
1969-09-10SMTG — from BERNSTEIN, MARY to SACKMAN GILLILAND CORP
1969-04-10Mortgage — from INDEPENDENCE PRPRTSCORP to BERNSTEIN, MARY
1969-04-10Deed — from BERNSTEIN, MARY to INDEPENDENCE PRPRTSCORP