The city's published records show little recorded distress here in the last three years. Less recorded distress than 88% 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 0.9. In ZIP 10019, 65% of residential buildings hold an A and
4% 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), 0 class B, 3 class A. Oldest open since 2020-09-04.
status snapshot refreshed weekly from HPD records
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
18 service requests in the last three years. Most common: Illegal Parking (11) · Noise (5) · UNSANITARY CONDITION (1) · Curb Condition (1).
Filed construction activity
No permitted work with a declared cost filed in the last decade. 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 (1901)
Yes
Six or more residential units (15)
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)
VILLAGE AVENUE SIDE B ASSOCIATES LLC
Head officer
MICHAEL ALVANDI
Managing agent
CUR MANAGEMENT LLC
Last registered
2025-09-17
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
$2,837,000
$1,276,650
2026
$2,992,000
$1,346,400
2027
$3,389,000
$1,525,050
The city's market estimate has risen
19% between tax years 2025 and 2027.
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
50 St — C E · 1,050 ft straight-line (about a 5-minute walk) · station accessibility: partial (Downtown only) Times Sq-42 St — 1 2 3 7 A C E N Q R S W · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
Bus
Nearest boarding stop: W 49 St / 9 Av — M50 · 250 ft
Citi Bike
W 50 St & 9 Ave · 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.
18 311 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.
Most recent mortgage recorded against this lot: $219,027 on
2019-03-11 (lender: Santander Bank, N.A.), 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
2019-03-11
Mortgage $219,028 — from CITY URBAN MIDTOWN LLC; THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to SANTANDER BANK, N.A.
$219,028
2019-03-11
Agreement $7,750,000 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to SANTANDER BANK, N.A.
$7,750,000
2014-12-09
AL&R $8,250,000 — from THG WEST 49 LLC; CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to CUSTOMERS BANK
$8,250,000
2014-12-09
Mortgage $2,758,742 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to CUSTOMERS BANK
$2,758,742
2014-12-09
Agreement $2,758,742 — from THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC to CUSTOMERS BANK
$2,758,742
2013-04-24
Mortgage $3,841,995 — from THG WEST 49 LLC; CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to CUSTOMERS BANK
$3,841,995
2013-04-24
RPTT&RET $2,600,000 — from CHAN, KITTY S; KWOK, VIVIAN SUK-HAN; CHAN, HELEN SHUK-FONG; CHAN, SHUEN YUNG to THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC
$2,600,000
2013-04-24
RPTT&RET $4,350,000 — from WONG , JON; CHAN, RAYMOND; WONG , BETTY; HUANG, SZE-JING to THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC
$4,350,000
2013-04-24
AL&R $4,500,000 — from VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC; THG WEST 49 LLC to CUSTOMERS BANK
$4,500,000
2013-04-24
Mortgage $1,000,000 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to CUSTOMERS BANK
$1,000,000
2013-04-24
AL&R $1,000,000 — from THG WEST 49 LLC; CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to CUSTOMERS BANK
$1,000,000
2013-04-24
Agreement $4,500,000 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to CUSTOMERS BANK
$4,500,000
2003-06-26
Mortgage $1,089,046 — from CLINTON 49 CORP. to INDEPENDENCE COMMUNITY BANK
$1,089,046
2003-06-26
Agreement $1,500,000 — from CLINTON 49 CORP. to INDEPENDENCE COMMUNITY BANK
$1,500,000
1998-08-17
Mortgage $416,381 — from CLINTON 49 CORP. to CITY & SUBURBAN FEDERAL SAVINGS BANK
$416,381
Ten-year activity
50250
2017
2018
2019
22
2020
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
1
5
0
3
9
2018
0
10
0
1
11
2019
0
2
4
1
7
2020
0
21
0
1
22
2021
0
11
0
1
12
2022
0
4
0
2
6
2023
0
4
0
1
5
2024
0
3
0
1
4
2025
0
6
0
1
7
2026
0
14
0
2
16
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HPD 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
2026-05-22Rodent inspection: Failed for Other Reason
2026-05-06Bedbug filing: 0 infested units
2026-04-29311: Curb Condition — Broken Curb
2026-04-29HPD 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
2021-04-01HPD 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
2020-09-04HPD class A: § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGE
2020-09-04HPD class A: § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT AT SOUTH, EAST AND NORTH WALLS AT PUBLIC HALL, 1st
2020-09-04HPD class A: § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES
2017-02-01Rodent inspection: Failed for Rat Activity
2016
2016-10-26HPD 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
2016-03-11311: Building/Use — Illegal Conversion Of Residential Building/Space
2016-03-11DOB complaint, category ?
2016-02-18Rodent inspection: Passed
2016-02-15311: Special Projects Inspection Team (SPIT) — Illegal Hotel Rooms In Residential Building
2016-02-15DOB complaint, category ?
2016-02-13ECB CLASS - 1 violation: FAILURE TO MAINTAIN BUILDING IN CODE COMPLIANT MANNER. FAILURE TO PROVIDE NUMBER OF REQUIRED MEANS OF EGRESS FOR EVERY FLOOR PER B$1,200
2016-02-13ECB CLASS - 2 violation: PERMANENT RESIDENCE USED/CONVERTED FOR OTHER THAN PERMANENT RESIDENTIAL PURPOSES. C/O#101154091 INDICATE THAT BUILDING TO BE LEGAL$800
2016-02-13ECB CLASS - 1 violation: BC907.2.8 FAILURE TO PROVIDE FIRE ALARM SYSTEMS FOR TRANSIENT USE. RMDY: DISCONTINUE ILLEGAL OCCUPANCY$1,600
2016-02-02311: Special Projects Inspection Team (SPIT) — Illegal Hotel Rooms In Residential Building
2016-02-02DOB complaint, category ?
2015
2015-11-09311: Building/Use — Illegal. Commercial Use In Resident Zone
2014-12-09AL&R $8,250,000 — from THG WEST 49 LLC; CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to CUSTOMERS BANK$8,250,000
2014-12-09Mortgage $2,758,742 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to CUSTOMERS BANK$2,758,742
2014-12-09Agreement $2,758,742 — from THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC to CUSTOMERS BANK$2,758,742
2014-11-18Rodent inspection: Passed
2014-10-16Rodent inspection: Failed for Rat Activity
2014-07-28DOB complaint, category ?
2014-06-12HPD 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
2014-02-25Tenant complaint: CONSTRUCTION — PAVEMENT
2014-02-25Tenant complaint: ELECTRIC — WIRING
2013
2013-11-25ECB CLASS - 1 violation: WORK W/O A PERMIT. AT TIME OF INSPECTION I OBSERVED PLUMBER INSTALLINGA NEW SHOWER,WITH NEW PVC DRAINAGE PIPE AND NEW SHOWER VALVE$1,600
2013-10-28311: Plumbing — Plumbing Work - Illegal/No Permit/Standpipe/Sprinkler
2013-04-24Mortgage $3,841,995 — from THG WEST 49 LLC; CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to CUSTOMERS BANK$3,841,995
2013-04-24RPTT&RET $2,600,000 — from CHAN, KITTY S; KWOK, VIVIAN SUK-HAN; CHAN, HELEN SHUK-FONG; CHAN, SHUEN YUNG to THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC$2,600,000
2013-04-24TL&R — from SOVEREIGN BANK, N.A.
2013-04-24RPTT&RET $4,350,000 — from WONG , JON; CHAN, RAYMOND; WONG , BETTY; HUANG, SZE-JING to THG WEST 49 LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC$4,350,000
2013-04-24AL&R $4,500,000 — from VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC; THG WEST 49 LLC to CUSTOMERS BANK$4,500,000
2013-04-24Mortgage $1,000,000 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to CUSTOMERS BANK$1,000,000
2013-04-24Deed — from CLINTON 49 CORP. to VILLAGE AVENUE SIDE B ASSOCIATES LLC; CITY URBAN MIDTOWN LLC; THG WEST 49 LLC
2013-04-24Mortgage assigned — from SOVEREIGN BANK, N.A. to CUSTOMERS BANK
2013-04-24AL&R $1,000,000 — from THG WEST 49 LLC; CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC to CUSTOMERS BANK$1,000,000
2013-04-24Agreement $4,500,000 — from CITY URBAN MIDTOWN LLC; VILLAGE AVENUE SIDE B ASSOCIATES LLC; THG WEST 49 LLC to CUSTOMERS BANK$4,500,000
2013-03-29311: Water System — Leak (Use Comments) (WA2)
2012
2012-12-10311: Street Condition — Pothole
2012-11-23311: Derelict Vehicle — With License Plate
2008-10-17Tenant complaint: PLUMBING — WATER SUPPLY
2003
2003-06-26Mortgage $1,089,046 — from CLINTON 49 CORP. to INDEPENDENCE COMMUNITY BANK$1,089,046
2003-06-26Mortgage assigned — from CITY & SUBURBAN FEDERAL SAVINGS BANK to INDEPENDENCE COMMUNITY BANK
2003-06-26Agreement $1,500,000 — from CLINTON 49 CORP. to INDEPENDENCE COMMUNITY BANK$1,500,000
2003-06-26AMTX — from CLINTON 49 CORP. to CITY & SUBURBAN FEDERAL SAVINGS BANK
2003-06-26AL&R — from INDEPENDENCE COMMUNITY BANK to CLINTON 49 CORP.
2002
2002-08-29Permit EQ — ISSUED
2002-08-26Job filed: Installation of heavy duty sidewalk Shed 416 West 49th Street During remedial repair Work shall comply with LL33/91 No change in use egress or occu
1998
1998-08-17Mortgage assigned — from CLINTON 49 CORP. to CITY & SUBURBAN FEDERAL SAVINGS BANK
1998-08-17Mortgage $416,381 — from CLINTON 49 CORP. to CITY & SUBURBAN FEDERAL SAVINGS BANK$416,381
1998-08-17Mortgage assigned — from HONGKONGBANK to CITY & SUBURBAN FEDERAL SAVINGS BANK
1998-02-05DOB violation C:
1998-02-03DOB complaint, category ?
1998-01-26Mortgage assigned — from CLINTON 49 CORP. to HONGKONGBANK DIV/MARINE MIDLAND BANK
1998-01-26Mortgage $600,000 — from CLINTON 49 CORP. to HONGKONGBANK DIV/MARINE MIDLAND BANK$600,000
1997
1997-09-24DOB complaint, category ?
1997-08-14Permit EQ — ISSUED
1997-08-13ECB Hazardous violation: FAILURE TO MAINTAIN EXTERIOR BUILDIGN WALL BRICKWORK IS CRACKED, MISSING, DEFECTIVE AND OUT OF KEY AT SIDEWALL (ADJ TO 418-PARTY W$800
1997-08-11DOB complaint, category ?
1997-07-07Permit PL — ISSUED
1997-06-23Permit EQ — ISSUED
1997-06-23Permit AL — ISSUED
1997-02-10DOB violation LL6291:
1997-01-28SAGE — from NAB ASSET VENTURE III, L.P.
1996
1996-12-31SAGE — from 418 WEST 49TH ST. REALTY CORP; NAB ASSET VENTURE III L.P.
1996-12-31Mortgage satisfied — from 418 WEST 49TH STREETREALTY CORP. to FIRST NEW YORK BANKFOR BUSSINESS
1996-06-05DOB violation C:
1996-06-05DOB violation C:
1996-01-16Deed — from 418 W. 49TH ST. REALTY CORP. to CLINTON 49 CORP.
1996-01-16REL — from NAB ASSET VENTURE III, L.P. to 418 WEST 49TH STREETREALTY CORP.
1995
1995-08-29DOB violation LL6291:
1994
1994-12-14Mortgage assigned — from FEDERAL DEPOSIT INSURANCE CORPORATION RE to NAB ASSET VENTURE III L.P.
1994-12-07Mortgage assigned — from FEDERAL DEPOSIT INSURANCE CORPORATION to NAB ASSET VENTURE III, L.P.
1994-03-18DOB violation LL6291:
1993
1993-03-18DOB violation LL6291:
1991
1991-05-24Agreement — from 418 WEST 49TH ST RLTY CP to FIRST NY BK BUSINESS
1990
1990-09-25DOB complaint, category ?
1990-03-08DOB violation C:
1989
1989-10-03Mortgage satisfied — from 418 W. 49TH ST RLTYCP to AMERICAN CMMRCL CAPTL CP
1989-09-13Mortgage $1,000,000 — from 418 W 49 ST RTY CORP to FIRST NY BANK BUSINESS$1,000,000
1989-09-13Mortgage assigned — from 418 WEST 49 ST RTY CP to FIRST NY BANK BUSINESS
1988
1988-11-10DOB violation C:
1988-11-10DOB violation C:
1986
1986-11-05Mortgage satisfied — from 418 W. 49TH RLTY CORP to AMEV CAPITAL CORP
1986-11-05Mortgage $450,000 — from 418 W 49TH ST RLTY.CORP to AME. COMRC'L CAP. CORP.$450,000
1986-11-05SAGE — from AMEV CAPITAL CORP.
1983
1983-03-02PAT — from PARPIS, DOROTHEA to PARPIS, MICHAEL
1983-03-02Mortgage $275,000 — from 418 W.49 ST.REALTY CORP. to AMEV CAPITAL CORPORATION$275,000
1983-03-02Mortgage assigned — from 418 W.49 ST.REALTY CORP. to AMEV CAPITAL CORPORATION
1983-03-02Mortgage satisfied — from 418 W.49TH ST RLTY CORP. to GROUND REALTY CORP.
1979
1979-12-13Deed — from GROUND REALTY CORP to 418 W 49TH REALTY CORP
1979-12-13MISC — from MARYANOV, HARRY M
1979-12-13Mortgage — from 418 W 49TH ST REALTY to GROUND REALTY CORP