The city's published records show little recorded distress here in the last three years. Less recorded distress than 58% 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 11.7. 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
16 total — 8 class C (immediately hazardous), 4 class B, 4 class A. Oldest open since 1986-11-10.
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
3 service requests in the last three years. Most common: Food Poisoning (1) · Smoking or Vaping (1) · Food Establishment (1).
Filed construction activity
$270,900 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 (1900)
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)
COINVEST INSTRUMENT CO. INC.
Head officer
PETER YANG
Managing agent
Q-RE SALES CO. LTD.
Last registered
2026-07-20
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
$7,964,000
$3,583,800
2026
$8,548,000
$3,846,600
2027
$6,973,000
$3,137,850
The city's market estimate has fallen
12% 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), shared by 2 restaurants 1 Food Establishment complaint to 311 at this address in the last three years (most often: Food Contains Foreign Object), shared by 2 restaurants · 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
57 St — M · 500 ft straight-line (about a 3-minute walk) · station accessibility: full 5 Av/53 St — E F · 750 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 5 Av / W 56 St — M1 M2 M3 · 450 ft
Citi Bike
W 56 St & 6 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.
3 311 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: $9,587 on
2021-09-29 (lender: Bank Of Hope). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2021-09-29
AL&R $857,000 — from COINVEST INSTRUMENT CO., INC to BANK OF HOPE
$857,000
2021-09-29
Agreement $857,000 — from COINVEST INSTRUMENT CO., INC to BBCN BANK; BANK OF HOPE
$857,000
2021-09-29
Mortgage $9,587 — from COINVEST INSTRUMENT CO., INC to BANK OF HOPE
$9,587
2016-09-20
AL&R $857,000 — from COINVEST INSTRUMENT CO., INC to BBCN BANK
$857,000
2016-09-20
Agreement $857,000 — from COINVEST INSTRUMENT CO., INC to NARA BANK; BBCN BANK
$857,000
2011-08-16
Mortgage $1,000,000 — from COINVEST INSTRUMENT CO., INC. to NARA BANK
$1,000,000
1996-10-18
Mortgage $78,701 — from COINVEST INSTRUMENTCO., INC. to MASPETH FEDERAL SAVINGS & LOAN ASSN
$78,701
1986-12-12
Mortgage $100,000 — from COINVEST INVESTMT CO.INC to KOREA EXCHANGE BANK
$100,000
1986-06-02
Mortgage $237,798 — from COINVEST INSTRUMENTETC to WILLIAMSBURGH SAVINGS BK
$237,798
1985-02-01
Mortgage $108,000 — from COINVEST INSTRUMT CO.INC to KOREA EXCHANGE BANK
$108,000
1984-01-26
Mortgage $300,000 — from COINVEST INSTRUMENTETC. to KOREA EXCHANGE BANK
$300,000
1982-02-05
Mortgage $535,500 — from COINVEST INSTRUMT CO,INC to FIFTY-SIXTH STREET ASSOC
$535,500
Ten-year activity
20100
2017
2018
14
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
1
0
0
0
1
2018
0
0
1
0
2
3
2019
6
1
3
0
4
14
2020
0
0
3
0
2
5
2021
1
0
2
3
2
8
2022
0
1
5
0
2
8
2023
0
0
6
0
2
8
2024
0
1
3
0
3
7
2025
0
1
1
0
3
5
2026
0
0
2
4
2
8
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
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
2023-05-02311: Consumer Complaint — Restaurant
2023-04-19Boiler inspection
2023-04-05Bedbug filing: 0 infested units
2023-04-05311: Consumer Complaint — Restaurant
2023-03-28Restaurant inspection: DIM SUM PALACE — grade A
2023-03-16HPD 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
2022-04-08311: General Construction/Plumbing — Vent/Exhaust - Illegal/Improper
2022-04-08311: Air Quality — Air: Odor/Fumes, Restaurant (AD2)
2022-04-08DOB complaint, category ?
2022-02-24Bedbug filing: 0 infested units
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
2021-09-29AL&R $857,000 — from COINVEST INSTRUMENT CO., INC to BANK OF HOPE$857,000
2021-09-29Agreement $857,000 — from COINVEST INSTRUMENT CO., INC to BBCN BANK; BANK OF HOPE$857,000
2021-09-29Mortgage $9,587 — from COINVEST INSTRUMENT CO., INC to BANK OF HOPE$9,587
2019-11-12Elevator permit: INSTALL ONE DUMBWAITER$29,000
2019-10-02Elevator permit: INSTALL ONE DUMBWAITER$29,000
2019-08-20Permit Sign — Signed-off
2019-08-01Job filed: INSTALLATION OF ILLUMINATED SIGN AND NON-ILLUMINATED SIGN AS PER PLAN IN CONJUNCTION WITH JOB # 123733148. NO CHANGE IN USE, EGRESS OR OCCUPANCY.$3,000
2019-06-17311: Building Marshals office — Illegal Activity
2019-06-17DOB complaint, category ?
2019-06-14Permit EW — ISSUED
2019-06-14Permit EW — ISSUED
2019-06-10Job filed: RENOVATION OF EXISTING RESTAURANT ON 1ST AND 2ND FLOOR. INSTALL NEW PARTITIONS, FLOOR/WALL FINISHES AND LIGHTING FIXTURES. INSTALL NEW PLUMBING FIXTUR$267,900
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
2016-09-20AL&R $857,000 — from COINVEST INSTRUMENT CO., INC to BBCN BANK$857,000
2016-09-20Mortgage $509 — from COINVEST INSTRUMENT CO., INC to BBCN BANK$509
2016-09-20Agreement $857,000 — from COINVEST INSTRUMENT CO., INC to NARA BANK; BBCN BANK$857,000
2014-05-15DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2012 INSPECTION REPORT
2014-05-15DOB violation LBLVIO: VIOLATION ISSUED FOR FAILURE TO FILE ANNUAL BOILER 2012 INSPECTION REPORT
2012
2012-12-13Rodent inspection: Passed
2012-07-03Permit EW — ISSUED
2012-04-11Job filed: REPAIR OF EXISTING WOOD STAIR WITH STEEL STRUCTURAL REINFORCEMENT. NO CHANGE OF USE, OCCUPANCY OR EGRESS FILED UNDER THIS APPLICATION.$40,000
2011-08-16AL&R — from COINVEST INSTRUMENT CO., INC. to NARA BANK
2011-08-16Mortgage $1,000,000 — from COINVEST INSTRUMENT CO., INC. to NARA BANK$1,000,000
2011-07-29311: Food Establishment — Bare Hands in Contact w/ Food
2011-07-07Rodent inspection: Passed
2011-06-22Mortgage satisfied — from COINVEST INSTRUMENT CO to MASPETH FEDERAL SAVINGS AND LOAN ASSOCIA
2010
2010-11-23Rodent inspection: Passed
2010-06-23Rodent inspection: Passed
2009
2009-07-15Permit AL — ISSUED
2009-07-15Job filed: INSTALLATION OF GLASS AND FIRE RATED PARTITION WALL. THIS APPLICATION IS IN CONJUNCTION WITH P.A. APPLICATION# 120007982. NO CHANGE IN USE, OCCUPANCY $4,448
2009-07-15Job filed: INSTALLATION OF GLASS AND FIRE RATED PARTITION WALL. THIS APPLICATION IS IN CONJUNCTION WITH P.A. APPLICATION# 120007982. NO CHANGE IN USE, OCCUPANCY $4,448
2009-05-07Job filed: PA
2005
2005-10-05Job filed: PA
2005-06-12Tenant complaint: HEATING — HEAT RELATED
2004
2004-02-19Permit EW — ISSUED
2004-02-19Permit EW — ISSUED
2004-02-18Job filed: INSTALLATION OF NEW A/C UNITS W/ MH WORK . NO CHANGE IN USE, OCCUPANCY AND EGRESS IS INVOLVED UNDER THIS APPLICATION.$33,000
2004-02-18Job filed: INSTALLATION OF NEW A/C UNITS W/ MH WORK . NO CHANGE IN USE, OCCUPANCY AND EGRESS IS INVOLVED UNDER THIS APPLICATION.$33,000
2004-02-13DOB violation LL6291:
2003
2003-09-11Permit EQ — ISSUED
2003-09-11Permit EW — ISSUED
2003-09-09Job filed: RENOVATION OF EXIST'G RESTAURANT. INSTALLATION OF GYP.BD. WORK AND NEW CEILING FIXTURES. NO CHANGE IN USE, OCCUPANCY AND EGRESS IS INVOLVED UNDER THIS$50,000
2003-09-09Job filed: RENOVATION OF EXIST'G RESTAURANT. INSTALLATION OF GYP.BD. WORK AND NEW CEILING FIXTURES. NO CHANGE IN USE, OCCUPANCY AND EGRESS IS INVOLVED UNDER THIS$50,000
2003-03-19DOB violation LL6291:
2003-01-07HPD class A: SECTION 27-2026 ADM CODE REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS sink IN THE KITCHENETTE LOCATED AT APT 4R, 4th STORY, APARTMENT AT SOUTH
2003-01-07HPD class B: SECTION 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR missing LOCATED AT APT 4R, 4th STORY, APARTMENT AT SOUTH
2003-01-07HPD class A: SECTION 27-2005 ADM CODE PROPERLY SECURE THE LOOSE window glass IN THE ENTIRE APARTMENT LOCATED AT APT 4R, 4th STORY, APARTMENT AT SOUTH
2003-01-07HPD class B: SECTION 27-2005, 2007 ADM CODE ARRANGE AND MAKE SELF-CLOSING THE DOORS , IN THE ENTRANCE LOCATED AT APT 4R, 4th STORY, APARTMENT AT SOUTH
2003-01-07HPD class A: SECTION 27-2005 ADM CODE PROPERLY SECURE THE LOOSE door hinges IN THE 1st ROOM FROM NORTH LOCATED AT APT 4R, 4th STORY, APARTMENT AT SOUTH
2003-01-07HPD class A: SECTION 27-2005 ADM CODE PROPERLY SECURE THE LOOSE door lock IN THE ENTRANCE LOCATED AT APT 4R, 4th STORY, APARTMENT AT SOUTH
2002
2002-03-26DOB violation LL6291:
2001
2001-02-27DOB violation LL6291:
2000
2000-02-07DOB violation LL6291:
1999
1999-03-16DOB violation LL6291:
1998
1998-05-04DOB violation LL6291:
1998-03-11Permit PL — ISSUED
1997
1997-10-20Permit AL — ISSUED
1997-07-15Permit EW — ISSUED
1997-07-15Permit PL — ISSUED
1997-07-15Permit EW — ISSUED
1997-07-15Permit EQ — ISSUED
1997-07-15Permit EW — ISSUED
1997-06-30Permit EW — ISSUED
1997-04-10Permit PL — ISSUED
1997-04-04Permit EW — ISSUED
1997-04-04Permit EQ — ISSUED
1997-04-04Permit EQ — ISSUED
1997-02-10DOB violation LL6291:
1996
1996-10-18Mortgage assigned — from REPUBLIC NATIONAL BANK OF NEW YORK to MASPETH FEDERAL SAVINGS & LOAN ASSN
1996-10-18Mortgage $78,701 — from COINVEST INSTRUMENTCO., INC. to MASPETH FEDERAL SAVINGS & LOAN ASSN$78,701
1996-10-18Agreement — from COINVEST INSTRUMENTCO INC.; YANG, PETER H. to MASPETH FEDERAL SAVINGS & LOAN ASSN
1996-10-18Mortgage satisfied — from COINVEST INSTRUMENTCO., INC. to KOREA EXCHANGE BANK
1995
1995-08-29DOB violation LL6291:
1995-01-25Permit PL — ISSUED
1994
1994-09-01DOB violation LL6291:
1992
1992-06-01Permit EW — ISSUED
1992-03-05Permit EW — RE-ISSUED
1992-03-05Permit EQ — RE-ISSUED
1991
1991-12-12DOB complaint, category ?
1991-05-20Agreement — from MANHATTAN SAVINGS BANK to COINVEST INSTRUMENTETC
1990
1990-06-12DOB violation B:
1990-06-12DOB violation B: 18B
1989
1989-01-26DOB violation C:
1989-01-18DOB complaint, category ?
1989-01-18DOB complaint, category ?
1988
1988-10-31HPD class B: SECTION 27-2045 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 4 STY REAR APT 4R WILLARD. , SECTION '' ''
1988-03-07HPD class C: SECTION 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF DOUBLE CYLINDER KEY OPERATED LOCK INSTALLED AT ENTRANCE DOOR TO VEST
1987
1987-11-27HPD class C: SECTION 27-2026 ADM CODE REPAIR THE LEAKY AND/OR DEFECTIVE WATER SUPPLY PIPE CEILING PIPES HOT WATER 1ST STY PUBLIC HALL ER1.
1987-10-15HPD class B: SECTION 27-2005, 2007 ADM CODE FIRE EGRESS DEFECTIVE. REMOVE OBSTRUCTING BARS OR UNLAWFUL GATES FROM WINDOW TO FIRE ESCAPE OR PROVIDE APPROV
1987-03-23HPD class C: D26-17.07 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES 4 STY FRONT APT 4F KITCHEN AND BATHROOM. , SECTION '' ''
1987-03-18HPD class C: D26-17.07 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES 4TH STY FRONT WEST APT 4F BATHROOM AND KITCHEN. , SECTION '' ''
1987-03-17HPD class C: D26-17.07 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES 4TH STY FRONT APT 4F KTICHEN AND BATHROOM. , SECTION '' ''
1986
1986-12-12Mortgage $100,000 — from COINVEST INVESTMT CO.INC to KOREA EXCHANGE BANK$100,000
1986-11-12HPD class C: D26-17.07 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES 4TH STY FRONT APT 4F KITCHEN AND BATHROOM. LOCATED AT APT 4F
1986-11-12HPD class C: D26-17.10 ADM CODE PROVIDE READY ACCESS TO BUILDING'S HEATING SYSTEM DOOR TO BOILER ROOM LOCKED AT STORE ENTRANCE BUILDING ACCESS.
1986-11-10HPD class C: D26-17.10 ADM CODE POST NOTICE, IN FORM APPROVED BY THE DEPARTMENT, STATING THE NAME AND LOCATION OF THE PERSON DESIGNATED BY THE OWNER TO H
1986-06-02Mortgage $237,798 — from COINVEST INSTRUMENTETC to WILLIAMSBURGH SAVINGS BK$237,798
1986-06-02Agreement — from WILLIAMSBURGH SVGS BK to COINVEST INSTRMNT COINC
1986-06-02Mortgage assigned — from KOREA EXCHANGE BK to WILLIAMSBURGH SAVGSBK
1985
1985-02-14Mortgage satisfied — from LOVE SECURITIES CORP.; GINSBURG, ARNOLD L.&ANO to LUTHERAN CEMETERY; COUNCIL COMMERCE CORP.; 28 W. 56TH. ST. INC.
1985-02-11Mortgage assigned — from FIFTY-SIXTH ST ASSOC. to KOREA EXCHANGE BANK
1985-02-01Agreement — from KOREA EXCHANGE BANK to COINVEST INSTRUMT CO.INC
1985-02-01Mortgage $108,000 — from COINVEST INSTRUMT CO.INC to KOREA EXCHANGE BANK$108,000
1985-02-01Mortgage satisfied — from COINVEST INSTRUMENTETC. to KOREA EXCHANGE BANK
1984
1984-01-26Mortgage $300,000 — from COINVEST INSTRUMENTETC. to KOREA EXCHANGE BANK$300,000
1982
1982-02-05Mortgage $535,500 — from COINVEST INSTRUMT CO,INC to FIFTY-SIXTH STREET ASSOC$535,500
1982-02-05Deed — from FIFTY-SIXTH STREET ASSOC to COINVEST INSTRUMT CO,INC
1978
1978-10-02Agreement — from B L & L INVESTORS CORP to LUTHERN CEMETERY
1978-10-02Deed — from B L & L INVESTORS CORP to FIFTY SIXTH STREET ASSOC
1978-10-02Deed — from FIFTY SIXTH STREET ASSOC to B L & L INVESTORS CORP
1971
1971-06-10Deed — from 56 ST ASSOCIATES to LOVE SECURITY CORP
1971-06-10Mortgage assigned — from CELESTE RAYMOND to LUTHERAN CEMETERY
1971-06-10Mortgage assigned — from COUNCIL COMMERCE CORP to LUTHERAN CEMETERY
1971-06-10Mortgage — from LOVE SECURITY CORP to LUTHERAN CEMETERY
1971-06-10Deed — from LOVE SECURTIES CORP to 56TH ST ASSOCIATES
1971-06-10Mortgage — from LOVE SECURITIES CORP to LUTHERAN CEMETERY
1970
1970-05-05Mortgage — from 56TH ST ASSOCIATES to CELESTE RAYMOND
1970-05-05Deed — from 55TH ST ASSOCIATES to LOVE SECURITIES CORP
1970-05-05Mortgage — from LOVE SECURITIES CORP to COUNCIL COMMERCE CORP.
1970-05-05Deed — from LOVE SECURITIES CORP to 56TH ST ASSOCIATES
1969
1969-06-04Mortgage assigned — from 28 W 56TH ST, INC to CELESTE RAYMOND
1968
1968-12-27Deed — from 34 W 56TH ST CORP to FIFTY SIXTH ST ASSOC.
1967
1967-10-19Deed — from GINSBURG JANE L. to 34 W.56TH ST. CORP