The city's published records show little recorded distress here in the last three years. Less recorded distress than 100% 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 0. In ZIP 10028, 79% of residential buildings hold an A and
3% 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
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
8 service requests in the last three years. Most common: New Tree Request (2) · Drinking (1) · Homeless Person Assistance (1) · Non (1) · Illegal Parking (1) · For Hire Vehicle Complaint (1).
Filed construction activity
$153,540 in permitted construction work filed since
2016 (4 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
No
Built before 1974 (1980)
No
Six or more residential units (3)
No
421-a / J-51 tax benefit on the current tax roll
0 of 3 signals present. None of the common signals are present — stabilization is unlikely (though never impossible). 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)
1587 SECOND REALTY LLC
Head officer
SARAH H MCGEE
Managing agent
ORPHEUS MANAGEMENT CORP
Last registered
2025-08-31
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
$3,398,400
$1,529,280
2026
$4,078,000
$1,835,100
2027
$4,102,000
$1,845,900
The city's market estimate has risen
21% 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
86 St — Q · 300 ft straight-line (about a 1-minute walk) · station accessibility: full 86 St — 4 5 6 · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: partial (Uptown local only)
Bus
Nearest boarding stop: 2 Av / E 82 St — M15 · 200 ft
Citi Bike
E 80 St & 2 Ave · 650 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.
8 311 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: $1,200,000 on
2002-08-08 (lender: Bako, Bela). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2009-07-02
ASPM $854,728 — from 1587 SECOND REALTY, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$854,728
2004-08-25
Agreement $925,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to LETTERBEG RESTAURANT, INC.
$925,000
2002-08-08
Mortgage $1,200,000 — from LETTERBEG RESTAURANT, INC. to BAKO, BELA
$1,200,000
1996-03-14
Mortgage $123,119 — from BAKO, BELA to COHOES SAVINGS BANK
$123,119
1992-07-07
Mortgage $150,000 — from BAKO, BELA to GREAT EASTERN BANK
$150,000
1989-10-18
Mortgage $70,000 — from BAKO, DELA to NEMETH, GEORGE
$70,000
1986-11-05
Mortgage $600,000 — from BAKO, BELA to WHITE HORSE SVG&LN ASSN
$600,000
Ten-year activity
20100
18
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Health & systems
Total
2017
13
2
2
1
18
2018
0
0
3
2
5
2019
0
0
1
4
5
2020
0
0
4
1
5
2021
0
0
2
2
4
2022
0
0
2
2
4
2023
0
0
6
2
8
2024
0
0
5
2
7
2025
1
0
3
2
6
2026
0
0
1
2
3
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-08-19Job filed: Plumbing work at cellar, 2nd, 3rd and 4th floors indicated on drawings filed herewith. No change in use egress or Occupancy under this application.$25,000
2025-05-30Rodent inspection: Passed
2025-02-11Boiler inspection
2024
2024-12-31311: Non-Emergency Police Matter — Other (complaint details)
2018-10-27311: Broken Parking Meter — Out of Order
2018-10-07311: New Tree Request — For One Address
2018-06-07Rodent inspection: Passed
2017
2017-10-23311: Plumbing — Gas Utility Referral
2017-10-23DOB complaint, category ?
2017-10-16Rodent inspection: Passed
2017-09-11DOB complaint, category ?
2017-08-22Permit EW — ISSUED
2017-07-20Permit EW — ISSUED
2017-07-14Permit EQ — ISSUED
2017-07-14Permit EQ — ISSUED
2017-07-10Job filed: PROPOSED INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. WORK SHALL COMPLY WITH CHAPTER #33 OF THE NYC BUILDING CODE. NO CHANGE IN USE, OCCUPANC
2017-07-10Job filed: PROPOSED INSTALLATION OF HEAVY DUTY SIDEWALK SHED AS PER PLANS. LIVE LOAD 300 PER SQUARE FEET. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF THE NYC
2017-06-28Job filed: GENERAL CONSTRUCTION AND MECHANICAL WORK INDICATED ON DRAWINGS FILED HEREWITH. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER THIS APPLICATION.$10,000
2017-06-28Permit EW — ISSUED
2017-06-28Permit EW — ISSUED
2017-06-12Job filed: FACADE REPAIRS AS PER PLANS FILED HEREWITH. NO CHANGE TO USE, EGRESS OR OCCUPANCY.$52,540
2017-02-08Permit PL — ISSUED
2017-02-08Permit PL — ISSUED
2017-02-01Permit EW — ISSUED
2017-01-04311: Sanitation Condition — 15 Street Cond/Dump-Out/Drop-Off
2016
2016-11-14Job filed: GENERAL CONSTRUCTION AND PLUMBING WORK INDICATED ON DRAWINGS FILED HEREWITH. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER THIS APPLICATION$66,000
2016-10-24Rodent inspection: Passed
2015
2015-12-10311: Noise — Noise: Construction Before/After Hours (NM1)
2013
2013-12-10311: Street Condition — Wear & Tear
2012
2012-07-03Rodent inspection: Passed
2012-03-02Rodent inspection: Passed
2011
2011-11-17Rodent inspection: Passed
2011-08-10TL&R — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to 1587 SECOND REALTY, LLC
2011-08-10Mortgage satisfied — from LETTERBEG RESTAURANT, INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2010
2010-11-22Rodent inspection: Passed
2010-07-22311: Graffiti — Graffiti
2009
2009-07-02TL&R — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to LETTERBEG RESTAURANT, INC.
2009-07-02AL&R — from 1587 SECOND REALTY, LLC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2009-07-02ASPM $854,728 — from 1587 SECOND REALTY, LLC to THE DIME SAVINGS BANK OF WILLIAMSBURGH$854,728
2009-01-30Mortgage satisfied — from BELA BAKO to HUDSON RIVER BANK AND TRUST COMPANY
2008
2008-06-04Deed — from LETTERBEG REALTY, LLC to 1587 SECOND REALTY, LLC
2008-01-31Deed — from LETTERBEG RESTAURANT, INC. to LETTERBEG REALTY, LLC
2004
2004-08-25Mortgage assigned — from BAKO, BELA to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2004-08-25AL&R — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to LETTERBEG RESTAURANT, INC.
2004-08-25Agreement $925,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to LETTERBEG RESTAURANT, INC.$925,000
2003
2003-02-14Permit AL — ISSUED
2003-01-24Job filed: NON ILLUMINATED NON ADVERTISING ACCESSORY AWNING READING- CROWN WINE AND LIQUOR 1587 NO CHANGE TO USE, EGRESS OR $1,500
2002
2002-08-08Mortgage $1,200,000 — from LETTERBEG RESTAURANT, INC. to BAKO, BELA$1,200,000
2002-08-08Deed — from BAKO, BELA to LETTERBEG RESTAURANTINC.
2002-06-17ECB Non-Hazardous violation: HAVING INSTALLED AN AWNING W/OUT A PERMIT HAVING INSTALLED A SIGN W/OUT A PERMIT REMEDY REMOVE ILLEGAL WORK SIGNAGE
2002-06-17ECB Non-Hazardous violation: HAVING AN ILLUMINATED SIGN HAVING AWNING SIGNAGE WITH A SURFACE AREA EXCEEDING 12 SQ FT HAVING AWNING SIGNAGE WITH LETTERS HIGHER
2001
2001-09-20DTL — from BANK OF NEW YORK
2000
2000-07-27TLS — from BANK OF NEW YORK to BANK OF NEW YORK
1996
1996-03-14Mortgage $123,119 — from BAKO, BELA to COHOES SAVINGS BANK$123,119
1996-03-14Agreement — from BAKO, BELA to COHOES SAVINGS BANK
1996-03-14Mortgage assigned — from GREAT EASTERN BANK to COHOES SAVINGS BANK
1992
1992-07-07Mortgage $150,000 — from BAKO, BELA to GREAT EASTERN BANK$150,000
1992-07-07Mortgage satisfied — from BAKO, BELA to NEMETH, GEORGE
1991
1991-06-13Permit SG — ISSUED
1989
1989-10-18Mortgage $70,000 — from BAKO, DELA to NEMETH, GEORGE$70,000
1989-04-20Mortgage satisfied — from BAKO, BELA to WHITE HORSE SVGS LNASOC
1986
1986-11-05Mortgage satisfied — from BAKO, BELA to BAUMANN, ANNA RONNER; RONNER, WILLIAM F.; RONNER, EMILY H. EST/OF
1986-11-05Mortgage satisfied — from BAKO, BELA to BEDI, EUGENE
1986-11-05Mortgage $600,000 — from BAKO, BELA to WHITE HORSE SVG&LN ASSN$600,000
1986-11-05Mortgage assigned — from BEDI, EUGENE to BAKO, BELA
1986-11-05Mortgage satisfied — from BAKO, BELA to RONNER, WILLIAM F; BAUMANN, ANN RONNER; RONNER, EMILY H EST/OF
1973
1973-09-24Mortgage assigned — from BAUMANN ANNA RONNERETAL to BAUMANN RICHARD R
1971
1971-07-19Mortgage — from BAKO, BELA to BEDI, EUGENE
1969
1969-06-17Mortgage — from BAKO, BELA to BAUMANN, ANNA R; RONNER, WILLIAM F
1969-01-17Deed — from RONNER, WILLIAM F; BAUMANN, ANNA R to BAKO, BELA