The city's published records show little recorded distress here in the last three years. Less recorded distress than 62% 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 9.3. 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 2023–24: 2).
1 bedbug-infested unit(s) reported in filings over the last three years.
What 311 hears from this address
4 service requests in the last three years. Most common: Noise (2) · HEAT/HOT WATER (1) · Sewer (1).
Filed construction activity
$13,125 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 (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)
407 E 87 ST OWNERS CORP
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
$2,199,000
$989,550
2026
$2,623,000
$1,180,350
2027
$2,462,000
$1,107,900
The city's market estimate has risen
12% 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 $386,378 a year
($44.98 per sq ft), operating expenses $126,960
($14.78 per sq ft), net operating income $259,418. 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).
Hurricane evacuation zone 6 of 6 — zone 1 evacuates first.
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 · 750 ft straight-line (about a 4-minute walk) · station accessibility: full
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.
4 311 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: $206,590 on
2019-09-25 (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
2026-08-03
RPTT&RET $289,000 — from 407 EAST 87TH STREET, LLC to GORDIN, MARINA; GORDIN, ALEXANDER
$289,000
2026-07-20
Sold for $289,000
$289,000
$14,450
2026-02-11
RPTT&RET $275,000 — from 407 EAST 87TH STREET, LLC to KRAWITZ, MARC; PILLAY, SESHINI
$275,000
2026-02-04
Sold for $275,000
$275,000
$13,750
2024-07-08
RPTT&RET $301,884 — from 407 EAST 87TH STREET, LLC to ZHENG, JIXIN; HU, XIAOQIN
$301,884
2024-06-27
Sold for $301,884
$301,884
$15,094
2023-06-02
RPTT&RET $307,408 — from 407 EAST 87TH STREET, LLC to KOKSAL, MERVE
$307,408
2023-06-02
RPTT&RET $292,248 — from 407 EAST 87TH STREET, LLC to ODDO-BUDINOFF, FRANCESCA; BUDINOFF, ANDREW CORWIN
$292,248
2023-05-24
Sold for $292,248
$292,248
$14,612
2023-05-23
Sold for $307,408
$307,408
$15,370
2023-05-19
RPTT&RET $317,402 — from 407 EAST 87TH STREET, LLC to YIU, MIMI SHEUNG HANG
$317,402
2023-04-27
Sold for $317,402
$317,402
$15,870
2023-01-23
RPTT&RET $302,229 — from 407 EAST 87TH STREET, LLC to CAO, XIAOXIAO
$302,229
2023-01-12
Sold for $302,229
$302,229
$15,111
2022-09-13
RPTT&RET $304,362 — from 407 EAST 87TH STREET, LLC to CIOFFI, MARTA; PORCARELLI, ALESSANDRO
$304,362
Ten-year activity
20100
2017
2018
20
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
2
0
0
0
2
4
2018
0
0
2
13
2
17
2019
4
0
2
3
11
20
2020
1
1
4
0
2
8
2021
0
0
4
0
1
5
2022
0
0
3
2
5
10
2023
0
0
4
8
3
15
2024
0
0
4
2
2
8
2025
0
0
2
0
4
6
2026
0
0
2
4
3
9
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2023-01-23RPTT&RET $302,229 — from 407 EAST 87TH STREET, LLC to CAO, XIAOXIAO$302,229
2023-01-12Sold for $302,229$302,229
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
2022-09-13RPTT&RET $304,362 — from 407 EAST 87TH STREET, LLC to CIOFFI, MARTA; PORCARELLI, ALESSANDRO$304,362
2019-11-14Job filed: FACADE REPAIR, BRICK REPLACEMENT AS PER PLAN. THERE WILL BE NO CHANGE IN THE USE, EGRESS, OR OCCUPANCY UNDER THIS APPLICATION.$8,125
2019-10-23Rodent inspection: Bait applied
2019-10-21Permit Sidewalk Shed — Permit Issued
2019-10-21Job 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
2019-10-16Rodent inspection: Monitoring visit
2019-10-08Rodent inspection: Bait applied
2019-10-02Rodent inspection: Bait applied
2019-09-25Mortgage $206,591 — from 407 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK$206,591
2019-09-25AL&R $700,000 — from 407 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK$700,000
2019-09-25Agreement $700,000 — from 407 EAST 87TH STREET OWNERS CORP to NEW YORK COMMUNITY BANK$700,000
2019-06-12Rodent inspection: Monitoring visit
2019-05-13Boiler inspection
2019-04-22Rodent inspection: Bait applied
2019-04-17Rodent inspection: Passed
2019-04-08Rodent inspection: Monitoring visit
2019-04-01Rodent inspection: Bait applied
2019-01-31Bedbug filing: 0 infested units
2018
2018-11-10311: Noise — Noise: Construction Before/After Hours (NM1)
2018-06-14Rodent inspection: Passed
2018-05-23311: Noise — Noise: Construction Before/After Hours (NM1)
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-08RPTT&RET — from DANIELA PUNNETT, AS EXECUTOR; ANTHONY J. PUNNETT, AS EXECUTOR; ESTATE OF R. JOHN PUNNETT; to 407 EAST 87TH STREET, LLC
2018-05-03Boiler inspection
2017
2017-11-09Rodent inspection: Passed
2017-08-18Permit PL — ISSUED
2017-08-18Permit EW — ISSUED
2017-01-23Rodent inspection: Passed
2016
2016-10-21Rodent inspection: Failed for Rat Activity
2010-12-07Rodent inspection: Failed for Rat Activity
2010-11-08Rodent inspection: Failed for Rat Activity
2010-05-19Job filed: ADDED FLOOR AREA IN APARTMENT #CD AT CELL AND 001,RELOCATING ENTRY DOORS TO APARTMENT #CD.ALL AS PER PLANS AND APPLICATIONS FILED HEREWITH.THERE IS NO$5,000
2010-05-18Job filed: COMBINING FOUR APARTMENTS INTO ONE APARTMENT.PARTITION AND PLUMBING WORK IN APARTMENT #CD. ALL AS PER PLANS AND APPLICATIONS FILED HEREWITH.THERE IS N$102,000
2010-05-11Rodent inspection: Passed
2010-05-08311: Rodent — Rat Sighting
2010-05-06311: Rodent — Rat Sighting
2010-03-03311: HEATING — HEAT
2010-03-03Tenant complaint: HEATING — HEAT RELATED
2009
2009-09-04TL&R — from PUNNETT REALTY CORP. A NEW YORK CORPORAT to LASALLE BANK N.A.
2009-09-04Mortgage satisfied — from PUNNETT REALTY CORP. A NEW YORK CORPORAT to LASALLE BANK, N.A.
2009-08-25AL&R — from 407 EAST 87TH STREET OWNERS CORP. to SIGNATURE BANK
2009-08-25Mortgage satisfied — from 407 EAST 87TH STREET OWNERS CORP. to PUNNETT, R. JOHN
2009-08-25Mortgage $525,000 — from 407 EAST 87TH STREET OWNERS CORP. to SIGNATURE BANK$525,000
2008
2008-03-12RPTT $551,433 — from PUNNETT, RAYMOND JOHN to HROBSKY, KATE STROUBE$551,433
2008-03-12RPTT $551,433 — from PUNNETT, RAYMOND JOHN to HROBSKY, KATE STROUBE$551,433
2007
2007-07-16RPTT&RET $485,418 — from PUNNETT, RAYMOND JOHN to HROBSKY, DIRK W$485,418
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2007-03-13RPTT&RET $2,622,461 — from STONEHENCE LLC to PUNNETT, RAYMOND JOHN$2,622,461
2006
2006-09-19RPTT&RET $250,000 — from DAVIDSON, SIMON to DAEPP, ERNST; DAEPP, DAVID$250,000
2006-04-11AALR — from EMIGRANT SAVINGS BANK to LASALLE BANK N.A., AS TRUSTEE
2006-04-11Mortgage 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
2006-04-03Mortgage assigned — from EMIGRANT SAVINGS BANK to LASALLE BANK N.A., AS TRUSTEE
2006-02-10RPTT — from CAO, SHUNYUAN to TU, JUPING
2006-01-19RPTT&RET $235,000 — from YOUELL, SUSAN A to MAGGIO, JEAN A; MAGGIO, LOUIS JR.$235,000
2005
2005-03-18Tenant complaint: HEATING — HEAT RELATED
2005-03-17Tenant complaint: HEATING — HEAT RELATED
2005-01-28RPTT&RET $385,000 — from ESTATE OF RICHARD KAPLAN; KAPLAN, NEAL to HROBSKY, DIRK$385,000
2005-01-08Tenant complaint: HEATING — HEAT RELATED
2003
2003-12-08Tenant complaint: NONCONST — ODOR
2002
2002-06-19Mortgage $39,918 — from 407 EAST 87TH STREETOWNERS CORP. to EMIGRANT SAVINGS BANK$39,918
2002-06-19Agreement — from 407 EAST 87TH STREETOWNERS CORP. to EMIGRANT SAVINGS BANK
2002-06-19Agreement — from PUNNETT, R. JOHN; 407 EAST 87TH STREETOWNERS CORP. to EMIGRANT SAVINGS BANK
2002-06-19Mortgage assigned — from 407 EAST 87TH STREETOWNERS CORP. to EMIGRANT SAVINGS BANK
2002-06-19Agreement — from 407 EAST 87TH STREETOWNERS CORP. to PUNNETT, R. JOHN
2000
2000-02-07DOB violation LL6291:
1997
1997-01-22Mortgage $56,539 — from 407 EAST 87TH STREETOWNERS CORP. to EMIGRANT SAVINGS BANK$56,539
1997-01-22Agreement — from 407 EAST 87TH STREETOWNERS CORP. to PUNNETT, R. JOHN
1997-01-22Mortgage assigned — from 407 EAST 87TH STREETOWNERS CORP. to EMIGRANT SAVINGS BANK
1997-01-22REL — from WEATHERBEE CONSTRUCTION CORP. to PUNNETT, R. JOHN
1997-01-22Agreement — from PUNNETT, R. JOHN to EMIGRANT SAVINGS BANK
1997-01-22Agreement — from PUNNETT, R. JOHN to EMIGRANT SAVINGS BANK
1989
1989-07-24Mortgage $12,186 — from 407 EAST 87TH ST OWNERS to PUNNETT, R JOHN$12,186
1989-07-24Deed — from PUNNETT, R. JOHN to 407 EAST 87 ST OWNERS CP
1989-07-24PAT — from PUNNETT, RAYMOND JOHN to TAEE, ANDREW
1987
1987-05-26Mortgage assigned — from PUNNETT, R JOHN to EMIGRANT SVGS BK
1987-05-26Mortgage satisfied — from PUNNET RLTY CORP to K.K. CAIOLA CONSTR ETC
1987-05-26Mortgage $331,151 — from PUNNETT, R JOHN to EMIGRANT SAVINGS BK$331,151
1987-05-26Mortgage assigned — from EDISON FDRL SVG&LN ASSN to EMIGRANT SVGS BK
1984
1984-03-27Mortgage assigned — from SCHILDKRAUT, IRVING; SCHILDKRAUT, BETTY to SIEGEL, JACQUELINE
1978
1978-12-22Mortgage assigned — from SCHILDKRAUT, IRVING to SCHILDKRAUT, BETTY; SCHILDKRAUT, IRVING
1978-12-20Deed — from PUNNETT REALTY CORP to PUNNETT, R JOHN
1978-12-19Agreement — from PUNNETT REALTY CORP to SCHILDKRAUT, IRVING
1978-12-04Mortgage assigned — from B K CAIOLA CNSTRTN CORP to SCHILDKRAUT, IRVING
1975
1975-06-05SMTG — from B K CAIOLA CNSTRTN CORP to EDISON S/LA
1975-05-12Mortgage — from PUNNETT REALTY CORP to EDISON S/LA
1975-05-12Deed — from PUNNETT REALTY CORP to PUNNETT, R JOHN
1975-05-12Mortgage assigned — from LURIE MORTGAGE CORP to EDISON S/LA
1974
1974-12-16Mortgage — from PUNNETT REALTY CORP to B K CAIOLA CNSTRTN CORP
1974-06-07Mortgage assigned — from MORCOS, GEORGE to LURIE MORTGAGE CORP
1974-06-07Mortgage — from PUNNETT REALTY CORP to LURIE MORTGAGE CORP
1974-06-07Deed — from PUNNETT, R JOHN to PUNNETT REALTY CORP
1974-06-07Agreement — from PUNNETT REALTY CORP to LURIE MORTGAGE CORP
1974-06-07SMTG — from PAUL WYLER & CO to LURIE MORTGAGE CORP
1972
1972-10-11Deed — from PUNNETT, R JOHN to PUNNETT REALTY CORP
1972-10-11Deed — from PUNNETT REALTY CORP to PUNNETT, R JOHN
1972-10-11Mortgage — from PUNNETT REALTY CORP to PAUL WYLER & CO
1972-09-21Deed — from CHURCHVIEW REALTY CORP to MORCOS, GEORGE
1972-09-21Deed — from PUNNETT REALTY CORP to PUNNETT, R JOHN
1972-09-21Deed — from MARCOS, GEORGE to PUNNETT REALTY CORP
1972-09-21Mortgage — from PUNNETT REALTY CORP to MORCOS, GEORGE