The city's published records show little recorded distress here in the last three years. Less recorded distress than 78% 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 3.5. In ZIP 10128, 84% of residential buildings hold an A and
1% 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
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
2 heat or hot-water complaints in the last three years (winter 2025–26: 2).
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
9 service requests in the last three years. Most common: Rodent (3) · Damaged Tree (1) · Illegal Parking (1) · Lead (1) · Sidewalk Condition (1) · HEAT/HOT WATER (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 (1920)
Yes
Six or more residential units (20)
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)
346 EAST 87TH STREET LLC
Head officer
DOMINIQUE PUNNETT
Managing agent
GPG MANAGEMENT
Last registered
2025-07-11
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
$3,082,000
$1,386,900
2026
$2,673,000
$1,202,850
2027
$2,324,000
$1,045,800
The city's market estimate has fallen
25% between tax years 2025 and 2027.
Building systems
Heating fuel
NATURALGAS
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 an 8-minute walk) · station accessibility: partial (Uptown local only)
Bus
Nearest boarding stop: 1 Av / E 86 St — M15 M15-SBS · 250 ft · Select Bus Service
Citi Bike
E 88 St & 1 Ave · 350 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.
9 311 service requests from this address in the last three years — 1 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: $702,025 on
2020-11-17 (lender: Dime Community Bank). Face amount at recording — it may have since been paid
down, refinanced or satisfied. View the recorded
document.
Date
Record
Amount
Per res. unit
2020-11-17
AL&R $2,850,000 — from HESSERT REALTY L.P.; 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO. INC. to DIME COMMUNITY BANK
$2,850,000
2020-11-17
Agreement $2,850,000 — from 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO. INC.; HESSERT REALTY L.P. to DIME COMMUNITY BANK
$2,850,000
2020-11-17
Mortgage $702,025 — from HESSERT REALTY L.P.; DEWITT H. STERN CO. INC.; 346 EAST 87TH STREET, LLC to DIME COMMUNITY BANK
$702,025
2015-12-08
AL&R $2,400,000 — from HESSERT REALTY L.P.; 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$2,400,000
2015-12-08
Agreement $2,400,000 — from HESSERT REALTY L.P.; 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$2,400,000
2015-12-08
Mortgage $412,084 — from 346 EAST 87TH STREET, LLC; HESSERT REALTY L.P.; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$412,084
2012-03-07
Mortgage $157,774 — from PUNNETT, R. JOHN; HESSERT & CO., INC.; DEWITT H STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$157,774
2012-03-07
Agreement $2,147,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to DEWITT H STERN CO., INC.; HESSERT & CO., INC.; PUNNETT, R. JOHN
$2,147,000
2012-03-07
AL&R $2,147,000 — from PUNNETT, R. JOHN; DEWITT H STERN CO., INC.; HESSERT & CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$2,147,000
2009-06-02
Mortgage $245,729 — from HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$245,729
2009-06-02
AL&R $2,060,000 — from DEWITT H. STERN CO., INC.; HESSERT & CO., INC.; PUNNETT, R. JOHN to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$2,060,000
2009-06-02
Agreement $2,060,000 — from DEWITT H. STERN CO., INC.; PUNNETT, R. JOHN; HESSERT & CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$2,060,000
2005-02-23
AL&R $1,950,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC.
$1,950,000
2005-02-23
Agreement $1,950,000 — from PUNNETT, R. JOHN; DEWITT H. STERN CO., INC.; HESSERT & CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$1,950,000
2005-02-23
Mortgage $522,166 — from HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
$522,166
Ten-year activity
20100
2017
2018
2019
2020
2021
2022
2023
12
2024
2025
2026
Housing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
1
1
2018
2
2
4
8
2019
3
0
3
6
2020
4
4
1
9
2021
5
1
1
7
2022
2
0
3
5
2023
5
0
4
9
2024
7
0
5
12
2025
2
0
3
5
2026
5
0
2
7
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2023-04-29Tenant complaint: WATER LEAK — HEAVY FLOW
2023-04-06Rodent inspection: Passed
2023-03-28311: Rodent — Mouse Sighting
2023-03-10Rodent inspection: Failed for Rat Activity
2023-02-24311: Rodent — Mouse Sighting
2023-02-13Boiler inspection
2022
2022-12-06Bedbug filing: 0 infested units
2022-11-03HPD 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
2022-08-30Rodent inspection: Passed
2022-03-04Boiler inspection
2022-01-03Rodent inspection: Passed
2021
2021-12-06Bedbug filing: 0 infested units
2021-12-03311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-12-27311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-12-07Bedbug filing: 0 infested units
2020-11-17AL&R $2,850,000 — from HESSERT REALTY L.P.; 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO. INC. to DIME COMMUNITY BANK$2,850,000
2020-11-17Agreement $2,850,000 — from 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO. INC.; HESSERT REALTY L.P. to DIME COMMUNITY BANK$2,850,000
2020-11-17Mortgage $702,025 — from HESSERT REALTY L.P.; DEWITT H. STERN CO. INC.; 346 EAST 87TH STREET, LLC to DIME COMMUNITY BANK$702,025
2020-11-17Mortgage assigned — from FEDERAL HOME LOAN MORTGAGE CORPORATION to DIME COMMUNITY BANK
2020-08-05311: NonCompliance with Phased Reopening — Business not in compliance
2020-05-14311: Street Condition — Pothole
2020-04-22Boiler inspection
2019
2019-12-04Bedbug filing: 0 infested units
2019-12-02Rodent inspection: Passed
2019-05-05311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-04-11Rodent inspection: Passed
2019-01-31Bedbug filing: 0 infested units
2019-01-23Boiler inspection
2018
2018-09-19311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2018-06-14Rodent inspection: Passed
2018-05-24Rodent inspection: Passed
2018-04-26Rodent inspection: Failed for Rat Activity
2018-04-18311: Rodent — Rat Sighting
2018-01-18Boiler inspection
2018-01-12Mortgage assigned — from DIME COMMUNITY BANK to U.S. BANK NATIONAL ASSOCIATION, AS TRUST
2018-01-12AALR — from DIME COMMUNITY BANK to U.S. BANK NATIONAL ASSOCIATION, AS TRUST
2017
2017-10-27Rodent inspection: Passed
2016
2016-10-28Rodent inspection: Passed
2015
2015-12-08TL&R — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to PUNNETT, R. JOHN
2015-12-08AL&R $2,400,000 — from HESSERT REALTY L.P.; 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$2,400,000
2015-12-08Agreement $2,400,000 — from HESSERT REALTY L.P.; 346 EAST 87TH STREET, LLC; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$2,400,000
2015-12-08Mortgage $412,084 — from 346 EAST 87TH STREET, LLC; HESSERT REALTY L.P.; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$412,084
2015-12-08Deed — from PUNNETT, R. JOHN to 346 EAST 87TH STREET, LLC
2015-01-09Deed — from HESSERT & CO. INC. to HESSERT REALTY L.P.
2014
2014-05-09311: Homeless Encampment — N/A
2013
2013-01-25311: HEATING — HEAT
2013-01-25Tenant complaint: HEATING — HEAT RELATED
2012
2012-11-20311: Homeless Encampment — N/A
2012-09-17311: Homeless Encampment — N/A
2012-07-18Rodent inspection: Passed
2012-03-07TL&R — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to DEWITT H STERN CO., INC.; HESSERT & CO., INC.; PUNNETT, R. JOHN
2012-03-07Mortgage $157,774 — from PUNNETT, R. JOHN; HESSERT & CO., INC.; DEWITT H STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$157,774
2012-03-07Agreement $2,147,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to DEWITT H STERN CO., INC.; HESSERT & CO., INC.; PUNNETT, R. JOHN$2,147,000
2012-03-07AL&R $2,147,000 — from PUNNETT, R. JOHN; DEWITT H STERN CO., INC.; HESSERT & CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$2,147,000
2011
2011-12-06CORR — from PUNNETT REALTY CORP., to DEWITT H. STERN CO.,; OUNNETT, JOHN R
2011-11-22311: Homeless Encampment — N/A
2011-11-04Rodent inspection: Passed
2010
2010-11-16Rodent inspection: Passed
2009
2009-06-02Mortgage $245,729 — from HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$245,729
2009-06-02TL&R — from DEWITT H. STERN CO., INC.; HESSERT & CO., INC.; PUNNETT, R. JOHN to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2009-06-02AL&R $2,060,000 — from DEWITT H. STERN CO., INC.; HESSERT & CO., INC.; PUNNETT, R. JOHN to THE DIME SAVINGS BANK OF WILLIAMSBURGH$2,060,000
2009-06-02Agreement $2,060,000 — from DEWITT H. STERN CO., INC.; PUNNETT, R. JOHN; HESSERT & CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$2,060,000
2007
2007-12-28Tenant complaint: HEATING — HEAT RELATED
2007-01-09Permit EW — ISSUED
2007-01-09Permit PL — ISSUED
2006
2006-12-19Job filed: REPLACE GAS BOILER (NYC BOILER NO. MD 813074-01). NO CHANGE IN EGRESS, OCCUPANCY OR USE UNDER THIS APPLICATION.$25,000
2006-12-19Job filed: REPLACE GAS BOILER (NYC BOILER NO. MD 813074-01). NO CHANGE IN EGRESS, OCCUPANCY OR USE UNDER THIS APPLICATION.$25,000
2006-12-04Tenant complaint: HEATING — HEAT RELATED
2005
2005-02-23TL&R — from EMIGRANT SAVINGS BANK to HESSERT & CO., INC.; PUNNETT, JOHN; DEWITT H. STERN CO., INC.
2005-02-23Mortgage assigned — from EMIGRANT SAVINGS BANK to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2005-02-23TL&R — from PUNNETT, JOHN; DEWITT H. STERN CO., INC.; HESSERT & CO., INC. to EMIGRANT SAVINGS BANK
2005-02-23TL&R — from EMIGRANT SAVINGS BANK to PUNNETT, JOHN; HESSERT & CO., INC.; DEWITT H. STERN CO., INC.
2005-02-23AL&R $1,950,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC.$1,950,000
2005-02-23Agreement $1,950,000 — from PUNNETT, R. JOHN; DEWITT H. STERN CO., INC.; HESSERT & CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$1,950,000
2005-02-23Mortgage $522,166 — from HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$522,166
2002
2002-02-12Agreement — from PUNNETT, R. JOHN; HESSERT & CO., INC.; DEWITT H. STERN CO.,INC. to EMIGRANT SAVINGS BANK
2002-02-12Mortgage assigned — from PUNNETT, R. JOHN; DEWITT H. STERN CO.,INC.; HESSERT & CO., INC. to EMIGRANT SAVINGS BANK
2002-02-12Mortgage $781,601 — from HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO.,INC. to EMIGRANT SAVINGS BANK$781,601
2000
2000-02-07DOB violation LL6291:
1996
1996-12-31Mortgage $263,816 — from R. JOHN PUNNET, HESSERT & CO., INC.; DEWITT H. STERN CO.,INC. to EMIGRANT SAVINGS BANK$263,816
1996-12-31Mortgage assigned — from R. JOHN PUNNETT, HESSERT & CO., INC; DEWITT H. STERN CO.,INC to EMIGRANT SAVINGS BANK
1996-12-31Agreement — from DEWITT H. STERN CO.,INC.; R. JOHN PUNNETT HESSERT & CO., INC. to EMIGRANT SAVINGS BANK
1989
1989-05-04DOB complaint, category ?
1987
1987-05-15Mortgage assigned — from DEWITT H STERN CO INC; PUNNETT, R JOHN; HESSERT & CO INC to EMIGRANT SAVINGS BK
1987-05-15Agreement — from DEWITT H STERN CO INC; HESSERT & CO INC; PUNNETT, R JOHN to EMIGRANT SAVINGS BK
1987-05-08Mortgage assigned — from FOURTH FED S&L ASSNNY to EMIGRANT SAVINGS BANK
1987-05-08Mortgage $417,055 — from PUNNETT, R. JOHN; DEWITT H. STERN CO INC; HESSERT & CO INC to EMIGRANT SAVINGS BANK$417,055
1982
1982-04-16Mortgage satisfied — from CARJON REALTY CORP to ELMAN, EDWARD
1977
1977-06-01Deed — from DEWITT H STERN CO INC; HESSERT & CO INC; PUNNETT, R JOHN to PUNNETT REALTY CORP
1973
1973-06-20Mortgage — from 340 E 88 CORP to DIME SVNGS BNK WLLMSBRGH
1972
1972-06-22Deed — from CARJON REALTY CORP to PUNNETT, R JOHN; HESSERT & CO INC; DEWITT H STERN CO INC
1972-05-10Mortgage — from CARJON REALTY CORP to ELMAN, EDWARD
1971
1971-10-29Mortgage — from CARJON REALTY CORP to FOURTH FEDERAL S/LANY
1971-08-31Deed — from HESSERT & CO INC; PUNNETT, R JOHN; DE WITT H STERN CO INC to CARJON REALTY CORP
1968
1968-01-17Deed — from D & J CO to PUNNETT REALTY CORP
1968-01-17Deed — from PUNNETT REALTY CORP to DEWITT H STERN CO INC; HESSERT & CO INC; PUNNETT, R JOHN
1968-01-17Mortgage assigned — from D & J CO to DUGOT, RICHARD S; JAKOBSON, LUBOW L; JAKOBSON, TEODOR; DUGOT, MARIETTA E
1968-01-17Mortgage — from PUNNETT REALTY CORP to D & J CO