The city's published records show little recorded distress here in the last three years. Less recorded distress than 82% 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 2.5. 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
18 service requests in the last three years. Most common: Dead/Dying Tree (3) · Special Projects Inspection Team (SPIT) (2) · General Construction/Plumbing (2) · Building/Use (2) · Rodent (1) · Damaged Tree (1).
Filed construction activity
$27,000 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
Yes
Built before 1974 (1925)
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)
344 EAST 87 STREET OWNERS CORP
Head officer
FRANK DEGUZMAN
Managing agent
REFCO MANAGEMENT CO INC
Last registered
2025-08-15
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
$1,751,000
$787,950
2026
$1,862,000
$837,900
2027
$1,911,000
$859,950
The city's market estimate has risen
9% between tax years 2025 and 2027.
For property tax, the Department of Finance values this co-op
as if it were a rental building. Its 2022 estimate: gross income $331,647 a year
($34.05 per sq ft), operating expenses $119,607
($12.28 per sq ft), net operating income $212,040. These are the
city's estimates from comparable rentals, not the building's actual budget, rents or maintenance
charges.
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 · 250 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 · 300 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.
18 311 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: $160,139 on
2019-10-04 (lender: New York 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
2023-01-09
RPTT&RET $330,000 — from CRAFT, KRISTINE to CHAPMAN, TRACY; SMITH, PENNI
$330,000
2022-12-21
Sold for $330,000
$330,000
$16,500
2019-10-04
Agreement $675,000 — from 344 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK
$675,000
2019-10-04
Mortgage $160,139 — from 344 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK
$160,139
2019-10-04
AL&R $675,000 — from 344 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK
$675,000
2017-10-27
RPTT&RET $377,000 — from MCDONALD, GEORGE FRANCIS to SYLAJ, MARK
$377,000
2017-10-19
Sold for $377,000
$377,000
$18,850
2015-01-05
RPTT&RET $595,000 — from DJEU, DEREK to KAMINETZKY, AMIR
$595,000
2014-04-22
RPTT&RET $350,000 — from LOMBARDI, ANNA; AQUARO, ANGELO to ROSSI, PIA
$350,000
2012-11-29
RPTT&RET $300,435 — from HESSERT & CO., INC.; PUNNETT, RAYMOND JOHN; DEWITT H. STERN CO., INC. to LOMBARDI, ANNA; AQUARO, ANGELO
$300,435
2012-10-01
Agreement $390,967 — from 344 EAST 87TH STREET OWNERS CORP. to DEWITT H. STERN CO., INC.; PUNNETT, R. JOHN; HESSERT & CO., INC.
$390,967
2012-10-01
Agreement $387,438 — from 344 EAST 87TH STREET OWNERS CORP.; PUNNETT, R. JOHN to NEW YORK COMMUNITY BANK
$387,438
2012-10-01
Mortgage $60,849 — from 344 EAST 87TH STREET OWNERS CORP. to NEW YORK COMMUNITY BANK
$60,849
2012-10-01
Agreement $212,562 — from 344 EAST 87TH STREET OWNERS CORP. to NEW YORK COMMUNITY BANK
$212,562
2011-11-21
RPTT&RET $275,000 — from LEDYARD, SUSAN D; LEDYARD, LEWIS C to BAUM, AVIS; BAUM, JOEL
$275,000
Ten-year activity
50250
2017
2018
2019
2020
2021
2022
2023
2024
31
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Construction
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
0
1
2
1
4
2018
0
0
12
2
2
16
2019
0
1
3
4
3
11
2020
0
0
2
0
1
3
2021
0
0
8
0
1
9
2022
0
0
4
1
3
8
2023
0
1
2
1
2
6
2024
0
0
7
0
5
12
2025
9
7
11
2
2
31
2026
0
0
3
0
2
5
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-10-21311: Building/Use — Illegal. Commercial Use In Resident Zone
2025-10-20FDNY inspection (COMPLAINT)
2025-10-20FDNY inspection (RISK)
2025-10-11311: Building/Use — Illegal. Commercial Use In Resident Zone
2025-10-11DOB complaint, category ?
2025-09-16311: Lead — Lead Kit Request (Residential) (L10)
2025-07-31Rodent inspection: Passed
2025-06-06Job 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$5,000
2025-05-27311: GENERAL — SIGNAGE MISSING
2025-05-27311: Special Projects Inspection Team (SPIT) — Sign/Awning/Marquee - Illegal/No Permit
2025-05-27Tenant complaint: GENERAL — SIGNAGE MISSING
2025-05-27DOB complaint, category ?
2025-05-27ECB CLASS - 2 violation: SCAFFOLD WAS FULLY PLANKED ON ALL LEVELS, DRAWING SHOW ONE LEVEL AT TIME. HAZARDOUS OF POTENTIAL COLLAPSES. STOP ALL USE OF SCAFFO
2025-05-23311: General Construction/Plumbing — Sidewalk Shed/Pipe Scafford - Inadequate Defective/None
2025-05-23DOB complaint, category ?
2025-05-09Boiler inspection
2025-04-16311: General Construction/Plumbing — Debris - Excessive
2025-04-16DOB complaint, category ?
2025-04-08RPTT&RET — from BAUM, JOEL; BAUM, AVIS to BAUM, JOEL
2025-03-26Permit General Construction — Signed-off
2025-03-21Permit Supported Scaffold — Signed-off
2025-03-21Permit Sidewalk Shed — Signed-off
2025-03-21Job filed: FACADE REPAIR, PATCH/ PAINT FRONT FACADE AND STUCCO @ 1ST FLOOR AS PER PLAN. THERE WILL BE NO CHANGE IN THE USE, EGRESS, OR OCCUPANCY UNDER THIS APPLI$12,000
2025-03-12Permit Supported Scaffold — Signed-off
2025-03-11Permit Sidewalk Shed — Signed-off
2025-03-11Job filed: PROPOSED INSTALLATION OF HEAVY DUTY SIDEWALK SHED AS PER PLANS. LIVE LOAD 300 LBS PER SQUARE FEET. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF THE $5,000
2025-03-11Job 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$5,000
2025-03-05Deed transfer (nominal price)
2025-01-28311: Dead/Dying Tree — Planted More Than 2 Years Ago
2023-11-06311: Special Projects Inspection Team (SPIT) — Illegal Hotel Rooms In Residential Building
2023-11-06DOB complaint, category ?
2023-10-13Rodent inspection: Passed
2023-03-24Boiler inspection
2023-01-09RPTT&RET $330,000 — from CRAFT, KRISTINE to CHAPMAN, TRACY; SMITH, PENNI$330,000
2022
2022-12-21Sold for $330,000$330,000
2022-12-18Bedbug filing: 0 infested units
2022-11-11311: Homeless Person Assistance
2022-09-22Boiler inspection
2022-08-30Rodent inspection: Passed
2022-02-15HPD 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
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
2022-01-03Rodent inspection: Passed
2021
2021-12-16311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-09-24311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-08-19Boiler inspection
2021-05-29311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-05-26311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-05-14311: Animal-Abuse — Other (complaint details)
2021-04-23311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-04-14311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-01-06Bedbug filing: 0 infested units
2020
2020-09-23311: Homeless Street Condition — N/A
2020-09-23311: Homeless Street Condition — N/A
2020-05-18Boiler inspection
2019
2019-12-04Bedbug filing: 0 infested units
2019-12-02Rodent inspection: Passed
2019-10-28311: Special Projects Inspection Team (SPIT) — Illegal Hotel Rooms In Residential Building
2019-10-28DOB complaint, category ?
2019-10-04Agreement $675,000 — from 344 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK$675,000
2019-10-04Mortgage $160,139 — from 344 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK$160,139
2019-10-04Mortgage satisfied — from 344 EAST 87TH STREET OWNERS CORP to DEWITT H. STERN CO., INC; PUNNETT, R. JOHN; HESSERT & CO., INC
2019-10-04AL&R $675,000 — from 344 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK$675,000
2019-05-13Boiler inspection
2019-04-11Rodent inspection: Passed
2019-01-31Bedbug filing: 0 infested units
2018
2018-10-19311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2018-10-19311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2018-05-07RPTT&RET — from ESTATE OF R. JOHN PUNNETT; DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; to 344 EAST 87TH STREET, LLC
2018-05-07RPTT&RET — from ESTATE OF R. JOHN PUNNETT; DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; to 344 EAST 87TH STREET, LLC
2018-03-06Eviction executed (1C)
2017
2017-10-27RPTT&RET $377,000 — from MCDONALD, GEORGE FRANCIS to SYLAJ, MARK$377,000
2017-10-27Rodent inspection: Passed
2017-10-19Sold for $377,000$377,000
2017-10-11Eviction executed (1C)
2016
2016-10-28Rodent inspection: Passed
2016-08-31HPD class A: § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM
2016-08-22311: PLUMBING — WATER SUPPLY
2016-08-22Tenant complaint: PLUMBING — WATER SUPPLY
2016-02-14311: HEAT/HOT WATER — ENTIRE BUILDING
2016-02-14Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2015-05-27Job filed: BRICK REPLACEMENT ON PARAPET WALL AS PER PLAN.NO CHANGE IN USE OCCUPANCY OR EGRESS UNDER THIS APPLICATION.$4,500
2015-05-27Job filed: BRICK REPLACEMENT ON PARAPET WALL AS PER PLAN.NO CHANGE IN USE OCCUPANCY OR EGRESS UNDER THIS APPLICATION.$4,500
2015-01-21RPTT&RET — from HESSERT & CO. INC. to HESSERT REALTY L.P.
2015-01-21RPTT&RET — from HESSERT & CO. INC. to HESSERT REALTY L.P.
2015-01-05RPTT&RET $595,000 — from DJEU, DEREK to KAMINETZKY, AMIR$595,000
2014
2014-10-21Permit EQ — ISSUED
2014-10-17Permit EQ — ISSUED
2014-10-15Job 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 200
2014-10-15Job 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 200
2014-10-15Job filed: PROPOSED INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. WORK SHALL COMPLY WITH CHAPTER #33 OF THE 2008 BUILDING CODE. NO CHANGE IN USE, OCCUPAN
2014-10-15Job filed: PROPOSED INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. WORK SHALL COMPLY WITH CHAPTER #33 OF THE 2008 BUILDING CODE. NO CHANGE IN USE, OCCUPAN
2014-04-22RPTT&RET $350,000 — from LOMBARDI, ANNA; AQUARO, ANGELO to ROSSI, PIA$350,000
2014-04-14PAT — from ROSSI, PIA to BARONE, ESQ, NICHOLAS P
2014-04-14PAT — from LOMBARDI, ANNA to KERZHNERENKO, ESQ, ELINA
2014-04-14PAT — from ACQUARO, ANGELO to KERZHNERENKO, ESQ, ELINA
2012
2012-11-29RPTT&RET $300,435 — from HESSERT & CO., INC.; PUNNETT, RAYMOND JOHN; DEWITT H. STERN CO., INC. to LOMBARDI, ANNA; AQUARO, ANGELO$300,435
2012-10-01Agreement $390,967 — from 344 EAST 87TH STREET OWNERS CORP. to DEWITT H. STERN CO., INC.; PUNNETT, R. JOHN; HESSERT & CO., INC.$390,967
2012-10-01Agreement $387,438 — from 344 EAST 87TH STREET OWNERS CORP.; PUNNETT, R. JOHN to NEW YORK COMMUNITY BANK$387,438
2012-10-01Mortgage $60,849 — from 344 EAST 87TH STREET OWNERS CORP. to NEW YORK COMMUNITY BANK$60,849
2012-10-01Agreement $212,562 — from 344 EAST 87TH STREET OWNERS CORP. to NEW YORK COMMUNITY BANK$212,562
2012-10-01SUBM — from HESSERT & CO., INC.; PUNNETT, R. JOHN; DEWITT H. STERN CO., INC. to NEW YORK COMMUNITY BANK
2012-10-01SUBM — from PUNNETT, R. JOHN; DEWITT H. STERN CO., INC.; HESSERT & CO., INC. to NEW YORK COMMUNITY BANK
2012-07-18Rodent inspection: Passed
2011
2011-12-16311: Homeless Encampment — N/A
2011-11-21RPTT&RET $275,000 — from LEDYARD, SUSAN D; LEDYARD, LEWIS C to BAUM, AVIS; BAUM, JOEL$275,000
2011-11-04Rodent inspection: Passed
2010
2010-11-16Rodent inspection: Passed
2010-08-19RPTT&RET $285,766 — from DEWITT H. STERN CO., INC.; PUNNETT, RAYMOND JOHN; HESSERT & CO., INC. to SELLING, INGEGERD; NORD, LEIF$285,766
2010-03-19Mortgage assigned — from PASS-THROUGH CERTIFICATES, SERIES 2005-E; MORTGAGE TRUST 2005-EMG, COMMERCIAL MORT; THE RE to NEW YORK COMMUNITY BANK
2010-03-19Agreement $402,420 — from R. JOHN PUNNETT; 344 EAST 87TH STREET OWNERS CORP.; DEWITT H. STERN CO. INC.; HESSERT & CO to NEW YORK COMMUNITY BANK$402,420
2010-03-19AL&R — from 344 EAST 87TH STREET OWNERS CORP. to NEW YORK COMMUNITY BANK
2010-03-19SUBM — from DEWITT H. STERN CO. INC.; R. JOHN PUNNETT to NEW YORK COMMUNITY BANK
2010-03-19Mortgage $157,580 — from 344 EAST 87TH STREET OWNERS CORP. to NEW YORK COMMUNITY BANK$157,580
2010-03-19SUBM — from R. JOHN PUNNETT; HESSERT & CO., INC.; DEWITT H. STERN CO. INC. to NEW YORK COMMUNITY BANK
2010-03-19Agreement $406,085 — from 344 EAST 87TH STREET OWNERS CORP. to HESSERT & CO., INC.; DEWITT H. STERN CO., INC.; R. JOHN PUNNETT$406,085
2009
2009-12-25Tenant complaint: HEATING — HEAT RELATED
2009-11-06Mortgage satisfied — from 344 EAST 87TH STREET OWNERS CORP. to EMIGRANT SAVINGS BANK, A NEW YORK CORPOR
2009-11-06TL&R — from 344 EAST 87TH STREET OWNERS CORP. to EMIGRANT SAVINGS BANK, A NEW YORK CORPOR
2008
2008-03-26Tenant complaint: HEATING — HEAT RELATED
2008-01-13Tenant complaint: HEATING — HEAT RELATED
2008-01-13Tenant complaint: HEATING — HEAT RELATED
2006
2006-08-31RPTT&RET $234,000 — from LACHMAN, MEENA to LEDYARD, SUSAN D; LEDYARD, LEWIS C$234,000
2006-04-03Mortgage assigned — from EMIGRANT SAVINGS BANK to LASALLE BANK N.A., AS TRUSTEE
2006-04-03Mortgage assigned — from EMIGRANT SAVINGS BANK to LASALLE BANK N.A., AS TRUSTEE
2006-04-03AALR — from EMIGRANT SAVINGS BANK to LASALLE BANK N.A., AS TRUSTEE