A modest record — below the level that usually signals systemic problems. More recorded distress than 86% 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 15. In ZIP 10018, 62% of residential buildings hold an A and
8% 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
6 heat or hot-water complaints in the last three years (winter 2025–26: 4).
No bedbug-infested units reported in the last three years of filings.
$6,250 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: Obstruction (4) · HEAT/HOT WATER (3) · Missed Collection (2) · For Hire Vehicle Complaint (2) · Food Poisoning (1) · Illegal Parking (1).
Filed construction activity
$263,651 in permitted construction work filed since
2016 (8 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)
No
Six or more residential units (4)
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)
WELC GROUP, LLC
Head officer
ABE NOY
Managing agent
HELM MANAGEMENT, INC
Last registered
2025-09-18
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
$2,363,000
$1,063,350
2026
$2,388,000
$1,074,600
2027
$2,470,000
$1,111,500
The city's market estimate has risen
5% between tax years 2025 and 2027.
1 food-poisoning report to 311 at this address in the last three years (0 with three or more people sick) · 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
42 St-Bryant Pk — 7 B D F M · 350 ft straight-line (about a 2-minute walk) · station accessibility: none 34 St-Herald Sq — B D F M N Q R W · 650 ft straight-line (about a 3-minute walk) · station accessibility: full
Bus
Nearest boarding stop: 6 Av / W 38 St — M5 M7 M55 · 100 ft
Citi Bike
W 37 St & Broadway · 400 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.
15 311 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: $4,900,000 on
2015-07-08 (lender: Bankunited, N.A.). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2025-07-21
Agreement $3,776,309 — from SECOND PRT, LLC to WELC GROUP, LLC
$3,776,309
2015-07-08
AL&R $4,900,000 — from WELC GROUP, LLC to BANKUNITED, N.A.
$4,900,000
2015-07-08
Mortgage $4,900,000 — from WELC GROUP, LLC to BANKUNITED, N.A.
$4,900,000
1999-07-19
Mortgage $750,000 — from WELC GROUP LLC to RELIANCE FEDERAL SAVINGS BANK
$750,000
1992-10-23
Mortgage $77,000 — from KIM, MYUNG to HANAM CAPITAL CORP
$77,000
1989-12-08
Mortgage $113,670 — from KIM, MYUNG AKA; SERANO, MYUNG KIM to HANAM CAPITAL CORP
$113,670
1989-12-08
Mortgage $50,000 — from KIM, KYUNG; SERANO, MYUNG KIM AKA to MIRA CAPITAL CORP
$50,000
1988-10-06
Mortgage $100,000 — from SERANO, MYUNG KIM; KIM, MYUNG AKA to G A S INC RETRNMT TRS
$100,000
1987-12-07
Mortgage $200,000 — from SERANO, MYONG KIM to ADDESSO, LOUIS; STEVEN SCHREIBER & EDIT
$200,000
1986-11-28
Mortgage $300,000 — from KIM, MYUNG to AMALGAMATED BK NY
$300,000
1984-10-23
Mortgage $499,900 — from KIM, MYUNG to AMALGAMATED BANK/N.Y.
$499,900
1984-10-23
Mortgage $100,000 — from KIM, MYUNG to HARNICK, WILLIAM
$100,000
Ten-year activity
20100
2017
2018
2019
2020
2021
2022
2023
2024
2025
20
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
3
0
2
0
0
5
2018
0
0
3
0
0
3
2019
0
4
4
0
0
8
2020
0
1
7
0
0
8
2021
0
0
5
0
0
5
2022
0
0
5
0
0
5
2023
0
0
7
0
1
8
2024
1
0
7
0
1
9
2025
5
3
3
3
0
14
2026
3
6
10
0
1
20
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
Job filed: Conversion 2nd floor commercial use to residential use with general construction work and obtain new certificate of occupancy.
2026-06-30
311: HEAT/HOT WATER — ENTIRE BUILDING
2026-06-30
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2026-06-24
FDNY inspection (E-CIDS)
2026-06-24
FDNY inspection (ALT)
2026-06-04
Restaurant inspection: SOPHIES CUBAN CUISINE
2026-06-01
Job filed: Conversion 2nd floor commercial use to residential use with general construction work and obtain new certificate of occupancy.
2026-03-19
ECB CLASS - 2 violation: AT TIME OF INSPECTION OBSERVED A STATE OF DISREPAIR IN CELLAR WITH CRACKS/ MISSING MORTAR AT BEAMS POCKETS AROUND INSTALLED BILCO
2026-03-19
DOB complaint, category ?
2026-03-12
FDNY inspection (ALT)
2026-03-12
FDNY inspection (E-CIDS)
2026-02-12
311: Curb Condition — Broken Curb
2026-02-06
311: Noise - Residential — Loud Music/Party
2026-01-29
311: HEAT/HOT WATER — ENTIRE BUILDING
2026-01-29
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2026-01-24
311: HEAT/HOT WATER — ENTIRE BUILDING
2026-01-24
Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2026-01-06
311: For Hire Vehicle Complaint — Driver Complaint - Non Passenger
2026-07-30Certificate of occupancy Renewal With Change
2026-07-29Job filed: Conversion 2nd floor commercial use to residential use with general construction work and obtain new certificate of occupancy.$50,000
2026-06-30311: HEAT/HOT WATER — ENTIRE BUILDING
2026-06-30Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2026-06-01Job filed: Conversion 2nd floor commercial use to residential use with general construction work and obtain new certificate of occupancy.$50,000
2026-03-19ECB CLASS - 2 violation: AT TIME OF INSPECTION OBSERVED A STATE OF DISREPAIR IN CELLAR WITH CRACKS/ MISSING MORTAR AT BEAMS POCKETS AROUND INSTALLED BILCO $6,250
2025-10-07311: For Hire Vehicle Complaint — Driver Complaint - Non Passenger
2025-09-15FDNY inspection (ALT)
2025-09-03Permit General Construction — Permit Issued
2025-07-29Job filed: PLUMBING WORK IN CONJUNCTION WITH ALTERATION CO JOB # M00982783.NO CHANGE IN USE, EGRESS OR OCCUPANCY.$6,650
2025-07-29Job filed: MECHANICAL WORK IN CONJUNCTION WITH ALTERATION CO JOB # M00982783.NO CHANGE IN USE, EGRESS OR OCCUPANCY.$28,500
2025-07-25TL&R — from BANKUNITED, N.A. to WELC GROUP, LLC
2025-07-21Agreement $3,776,309 — from SECOND PRT, LLC to WELC GROUP, LLC$3,776,309
2025-07-15Mortgage assigned — from BANKUNITED, N.A. to SECOND PRT, LLC
2024
2024-12-23Bedbug filing: 0 infested units
2024-11-18Restaurant inspection: SOPHIES CUBAN CUISINE — grade A
2024-09-10311: Obstruction — Trash or Recycling
2024-08-28311: Obstruction — Trash or Recycling
2024-07-01311: Obstruction — Trash or Recycling
2024-04-26311: Food Poisoning — 1 or 2
2024-02-21Job filed: Conversion 2nd floor commercial use to residential use with general construction work and obtain new certificate of occupancy.$50,000
2023-05-06311: Street Sign - Damaged — No Parking, Standing, Stopping
2023-03-21311: Commercial Disposal Complaint — No Private Carter
2022
2022-12-23Bedbug filing: 0 infested units
2022-12-18311: Food Poisoning — 1 or 2
2022-04-07Bedbug filing: 0 infested units
2022-02-15311: Non-Emergency Police Matter — Other (complaint details)
2022-02-15HPD 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
2020-06-04311: Abandoned Vehicle — With License Plate
2020-05-26311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-04-07311: Street Condition — Plate Condition - Noisy
2020-02-12311: General Construction/Plumbing — Site Conditions Endangering Workers
2020-02-12DOB complaint, category ?
2019
2019-12-05Bedbug filing: 0 infested units
2019-11-13DOB violation AEUHAZ1: FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
2019-08-15ECB CLASS - 1 violation: FAILURE TO MAINTAIN BUILDING IN CODE COMPLIANT MANNER. 4 STORY MIXED USE NFP BUILDING 2/3RD AND 4TH FLOOR CLASS A APT COMMON AREA-$1,250
2019-08-15DOB complaint, category ?
2019-05-02311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-03-21311: Special Projects Inspection Team (SPIT) — Illegal Hotel Rooms In Residential Building
2002-03-06Job filed: Installation of new steel dunage on rooftop as per plans submitted herewith. No change to use occupancy or egress.$1,500
2002-03-06Job filed: Installation of new steel dunage on rooftop as per plans submitted herewith. No change to use occupancy or egress.$1,500
2002-02-25Permit PL — ISSUED
2002-02-19Permit EW — ISSUED
2002-02-19Permit EW — ISSUED
2002-02-19Permit EQ — ISSUED
2002-01-31DOB violation C:
2002-01-31DOB violation Z:
2002-01-17Job filed: Interior alterations to exisitng store, to include demo or partions; with modifications to exisiting store front as per plans submitted.$50,000
2002-01-17Job filed: Proposed mechanical and plumbing work as per plans submitted$10,000
1999
1999-08-26Permit EW — ISSUED
1999-08-19Permit PL — ISSUED
1999-07-19Mortgage assigned — from WELC GROUP, LLC to RELIANCE FEDERAL SAVINGS BANK
1999-07-19Mortgage $750,000 — from WELC GROUP LLC to RELIANCE FEDERAL SAVINGS BANK$750,000
1999-06-04Permit AL — ISSUED
1998
1998-06-22Deed — from ROCKWELL MANAGEMENT,INC. to WELC GROUP, LLC
1995
1995-08-29DOB violation LL6291:
1995-07-25Deed — from CITY OF NEW YORK; MOWRY, SARAH DEF.; KIM, SUN JA DEF.; LEE, KING HOOI DEF.; DUBVOSKY & SON to ROCKWELL MANAGEMENT,INC.
1993
1993-04-08Agreement — from SERENO, GLORIA KIM to HANAM CAPITAL CORP
1993-03-18DOB violation LL6291:
1993-03-02Agreement — from KIM, MYUNG; SERENO, MYUNG KIM to HANAM CAPITAL CORP
1992
1992-10-23REL — from LBJ REALTY CO to KIM, MYUNG; SERENO, MYUNG KIM AKA; SERENO, JOSEPH
1992-10-23Mortgage $77,000 — from KIM, MYUNG to HANAM CAPITAL CORP$77,000
1992-10-23SAGE — from LBJ REALTY CO
1992-03-06Agreement — from SERANO,MYUNG KIM AKA; KIM, MYUNG to HANAM CAPITAL CORP
1992-01-21Mortgage satisfied — from KIM, MYUNG to MIRA CAPITAL CORP.
1991
1991-06-26Agreement — from LBJ REALTY CO to SERENO, MYUNG KIM AKA; SERENO, JOSEPH; KIM, MYUNG
1989
1989-12-08Mortgage assigned — from EDITORS G.A.S. INC ETAL to HANAM CAPTIAL CORP
1989-12-08SAGE — from SCHREIBER, STEVEN; EDITORS G.A.S. INC ETAL; ADDESSO, LOUIS
1989-12-08Mortgage $113,670 — from KIM, MYUNG AKA; SERANO, MYUNG KIM to HANAM CAPITAL CORP$113,670
1989-12-08Mortgage assigned — from KIM, MYUNG; SERANO, MYUNG KIM AKA to MIRA CAPITAL CORP
1989-12-08Mortgage assigned — from G.A.S. INC RETIREMNTTR to HANAM CAPITAL CORP
1989-12-08Mortgage assigned — from KIM, MYUNG; SERANO, MYUNG KIM AKA to HANAM CAPITAL CORP
1989-12-08Mortgage $50,000 — from KIM, KYUNG; SERANO, MYUNG KIM AKA to MIRA CAPITAL CORP$50,000
1989-12-08Agreement — from HANAM CAPITAL CORP to SERANO, MYUNG KIM; KIM, MYUNG AKA
1989-05-03SAGE — from SCHRIEBER, STEVEN; EDITORS G.A.S. RET/TRST; ADDESSO, LOUIS
1989-05-03Mortgage satisfied — from SERANO, MYUNG KIM to ADDESO, LOUIS; EDITORS G.A.S.ENTRMNT TR; SCHREIBER, STEVEN
1988
1988-10-06Mortgage assigned — from KIM, MYUNG; SERANO, MYUNG KIM AKA to EDITORS G A S INC RTRMNT
1988-10-06Mortgage $100,000 — from SERANO, MYUNG KIM; KIM, MYUNG AKA to G A S INC RETRNMT TRS$100,000
1987
1987-12-07Mortgage $200,000 — from SERANO, MYONG KIM to ADDESSO, LOUIS; STEVEN SCHREIBER & EDIT$200,000
1987-12-07Mortgage assigned — from SERANO, MYUNG KIM to EDITORS G A S INC ETAL
1987-02-02Mortgage satisfied — from KIM, MYUNG to HARNICK, WILLIAM
1986
1986-11-28Agreement — from AMALGAMATED BK NY to KIM, MYUNG
1986-11-28Mortgage $300,000 — from KIM, MYUNG to AMALGAMATED BK NY$300,000
1984
1984-10-23Mortgage satisfied — from HARNICK, WILLIAM to CARDIFF CORPORATION
1984-10-23Deed — from HARNICK, WILLIAM to KIM, MYUNG
1984-10-23Mortgage $499,900 — from KIM, MYUNG to AMALGAMATED BANK/N.Y.$499,900
1984-10-23Mortgage $100,000 — from KIM, MYUNG to HARNICK, WILLIAM$100,000