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
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
7 service requests in the last three years. Most common: Rodent (4) · Noise (2) · Dirty Condition (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 (1910)
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)
509 E 88th St Owners Corp
Head officer
CHARLES ALVAREZ
Managing agent
RIALTO MANAGEMENT CORP
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
$2,167,000
$975,150
2026
$2,304,000
$1,036,800
2027
$2,675,000
$1,203,750
The city's market estimate has risen
23% between tax years 2025 and 2027.
Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this co-op
as if it were a rental building. Its 2022 estimate: gross income $380,887 a year
($43.16 per sq ft), operating expenses $112,519
($12.75 per sq ft), net operating income $268,368. These are the
city's estimates from comparable rentals, not the building's actual budget, rents or maintenance
charges.
Building systems
Heating fuel
NO2FUEL
Flood exposure
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 4 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 · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full
Bus
Nearest boarding stop: York Av / E 88 St — M31 M86-SBS · 200 ft · Select Bus Service
Citi Bike
E 89 St & York 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.
7 311 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: $36,435 on
2026-06-04 (lender: Flushing 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
2026-06-04
AL&R $500,000 — from 509 EAST 88TH ST OWNERS CORP. to FLUSHING BANK
$500,000
2026-06-04
Agreement $500,000 — from 509 EAST 88TH ST OWNERS CORP. to FLUSHING BANK
$500,000
2026-06-04
Mortgage $36,436 — from 509 EAST 88TH ST OWNERS CORP. to FLUSHING BANK
$36,436
2024-01-22
RPTT&RET $332,000 — from RANDOLPH, JOHN; RANDOLPH, JUDITH; RANDOLPH, THEODORE to MARY E. BLUMBERG, TRUSTEE; MARY E. BLUMBERG REVOCABLE TRUST
$332,000
2024-01-10
Sold for $332,000
$332,000
$16,600
2023-03-21
RPTT&RET $280,000 — from ZACCARIA, ELISABETTA; ROSELLI, ELISABETTA to ORLANDO, CARYL
$280,000
2023-02-27
Sold for $280,000
$280,000
$14,000
2022-10-18
RPTT&RET $324,000 — from VAZQUEZ, TARES to GUILFOYLE, KATHLEEN; AISENBERG, DAVID
$324,000
2022-09-30
Sold for $324,000
$324,000
$16,200
2022-03-23
RPTT&RET $380,000 — from WHITE, EVELYNE to KANE, CHARLES
$380,000
2022-03-11
Sold for $380,000
$380,000
$19,000
2020-01-15
RPTT&RET $360,000 — from SISCOE, GABRIELLE V to NIEVES, MELANIE; NIEVES, ANTHONY
$360,000
2020-01-08
Sold for $360,000
$360,000
$18,000
2019-06-26
RPTT&RET $280,000 — from CABRERA, ANDRES to ALI, SHEEDSA
$280,000
2019-05-24
Sold for $280,000
$280,000
$14,000
Ten-year activity
50250
2017
2018
2019
2020
2021
26
2022
2023
2024
2025
2026
EnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
Year
Enforcement
Housing & tenants
Ownership & money
Health & systems
Total
2017
0
3
2
4
9
2018
0
4
4
3
11
2019
1
4
2
2
9
2020
0
6
2
1
9
2021
0
18
0
1
19
2022
0
21
4
1
26
2023
0
1
2
1
4
2024
0
2
2
2
6
2025
0
4
0
6
10
2026
0
3
5
1
9
This record is free. Keeping it free costs money. Servers, data pipelines, weekends. Pay what you want — a dollar helps.
2025-09-26Rodent inspection: Failed for Rat Activity and Other Reason
2025-09-21311: Rodent — Rat Sighting
2025-07-28Rodent inspection: Passed
2025-07-21311: Rodent — Rat Sighting
2025-05-21Rodent inspection: Passed
2025-05-09311: Rodent — Rat Sighting
2025-04-10Boiler inspection
2024
2024-12-09Bedbug filing: 0 infested units
2024-10-07Boiler inspection
2024-09-09Rodent inspection: Passed
2024-09-07311: Rodent — Rat Sighting
2024-01-22RPTT&RET $332,000 — from RANDOLPH, JOHN; RANDOLPH, JUDITH; RANDOLPH, THEODORE to MARY E. BLUMBERG, TRUSTEE; MARY E. BLUMBERG REVOCABLE TRUST$332,000
2024-01-10Sold for $332,000$332,000
2023
2023-12-26Bedbug filing: 0 infested units
2023-09-19Boiler inspection
2023-03-21RPTT&RET $280,000 — from ZACCARIA, ELISABETTA; ROSELLI, ELISABETTA to ORLANDO, CARYL$280,000
2023-02-27Sold for $280,000$280,000
2022
2022-12-08Bedbug filing: 0 infested units
2022-11-18311: Illegal Parking — Blocked Hydrant
2022-10-18RPTT&RET $324,000 — from VAZQUEZ, TARES to GUILFOYLE, KATHLEEN; AISENBERG, DAVID$324,000
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
2021-04-01HPD 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
2021-04-01HPD 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
2021-02-14311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2021-01-18311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020
2020-12-17311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-10-05311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-08-04311: Damaged Tree — Entire Tree Has Fallen Down
2020-06-25Boiler inspection
2020-04-04311: Noise — Noise: Construction Before/After Hours (NM1)
2020-01-15RPTT&RET $360,000 — from SISCOE, GABRIELLE V to NIEVES, MELANIE; NIEVES, ANTHONY$360,000
2020-01-14311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-01-08Sold for $360,000$360,000
2019
2019-12-18311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2019-11-08Rodent inspection: Passed
2019-10-25HPD 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
2019-10-07Boiler inspection
2019-06-26RPTT&RET $280,000 — from CABRERA, ANDRES to ALI, SHEEDSA$280,000
2019-05-24Sold for $280,000$280,000
2019-04-17311: Sidewalk Condition — Blocked - Construction
2019-03-25311: Plumbing — Gas Utility Referral
2019-03-25DOB complaint, category ?
2018
2018-12-10Rodent inspection: Passed
2018-09-06311: Street Condition — Plate Condition - Noisy
2018-08-29RPTT&RET $362,000 — from BROWN, DUNCAN J to RANDOLPH, JUDITH; RANDOLPH, THEODORE; RANDOLPH, JOHN$362,000
2018-08-23Sold for $362,000$362,000
2018-08-06311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2018-08-03RPTT&RET $310,000 — from RIGGS, TAYLOR to CHEN, SHIRLEY$310,000
2016-05-02AL&R $600,000 — from 509 EAST 88TH ST. OWNERS CORP. to VALLEY NATIONAL BANK$600,000
2016-05-02TL&R — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to 509 EAST 88TH ST. OWNERS CORP.
2016-05-02Agreement $600,000 — from 509 EAST 88TH ST. OWNERS CORP. to VALLEY NATIONAL BANK$600,000
2016-05-02Mortgage $47,640 — from 509 EAST 88TH ST. OWNERS CORP. to VALLEY NATIONAL BANK$47,640
2016-05-02Mortgage satisfied — from 509 EAST 88TH ST. OWNERS CORP. to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2016-05-02Mortgage assigned — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to VALLEY NATIONAL BANK
2016-04-27RPTT&RET $270,000 — from GEDEN, JULIE to O'BRIEN, ROBERT P$270,000
2016-03-21311: New Tree Request — For One Address
2016-02-21311: Illegal Parking — Blocked Hydrant
2016-02-21311: Illegal Parking — Blocked Hydrant
2016-02-12Sold for $270,000$270,000
2015
2015-10-01RPTT&RET $259,000 — from BARONE, ERNEST to CABRERA, ANDRES$259,000
2015-10-01HPD 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
2015-08-05RPTT&RET $275,000 — from SIM, PECK HWEE to DWORKIN, JESSICA$275,000
2015-05-20RPTT&RET $300,000 — from KLINE, CHARLES R; KLINE, HELENE R to BROWN, DUNCAN$300,000
2015-05-14Permit EQ — ISSUED
2015-05-14Permit EQ — ISSUED
2015-05-14Job filed: INSTALLATION OF A HEAVY DUTY SIDEWALK SHED APPROXIMATELY 35' LONG AS PER PLANS DURING GENERAL CONSTRUCTION WORK. NO CHANGE IN USE, EGRESS OR OCCUPANCY
2015-05-14Job filed: INSTALLATION OF A TEMPORARY SCAFFOLD AS PER PLANS DURING GENERAL CONSTRUCTION WORK. NO CHANGE IN USE, EGRESS OR OCCUPANCY.SCAFFOLD TO COMPLY WITH CHAP
2015-05-07Permit EQ — ISSUED
2015-05-07Job filed: ERECT TEMPORARY SCAFFOLD STRUCTURE AS SHOWN ON PLANS. INSTALLATION SHALL COMPLY WITH BSA-362-44-SM, LL-33/91, CHAPTER 33 OF 2014 BC. NO CHANGE IN EGRE
2015-04-28Permit EW — ISSUED
2015-03-26Job filed: REPAIR OF EXTERIOR REAR FACADE ON PART OF THE 1ST-5TH FLOORS. NO CHANGE IN EGRESS, USE OR OCCUPANCY.$36,850
2015-02-13RPTT&RET $310,000 — from GEORGE, KRISTEN M to MULLO, ENMA; MULLO, RICHARD$310,000
2014
2014-08-04311: Dead Tree — Dead/Dying Tree
2014-06-02311: New Tree Request — For One Address
2014-06-02311: Dead Tree — Dead/Dying Tree
2014-05-28RPTT&RET $220,000 — from ULU, MUSTAFA to ALVAREZ, CHARLES$220,000
2014-05-01RPTT&RET $330,000 — from FERRINO, RICHARD; PANEK, LAURA; FERRINO, LAURA to KILFOIL, JAMES F$330,000
2014-01-31RPTT&RET $242,000 — from WEST, EDWARD S to MCBRIDE, PATRICIA A$242,000
2013
2013-12-18RPTT&RET $255,000 — from VIRTUE, SONIA to KRAKOWSKI, EUGENE; KRAKOWSKI, STEVEN$255,000
2013-08-08RPTT&RET $317,000 — from MIDDLETON N/K/A NICOLE PAPPAS, NICKOLE to SISCOE, GABRIELLE V$317,000
2013-04-08RPTT&RET $238,000 — from RENKO, TATIANA to RIGGS, TAYLOR$238,000
2012
2012-11-16311: Noise — Noise: Construction Before/After Hours (NM1)
2012-09-25RPTT&RET $225,000 — from KELLY, KERRI to GEORGE, KRISTEN MARIE$225,000
2012-07-20311: Asbestos — Asbestos Complaint (B1)
2012-07-13Permit EQ — ISSUED
2012-07-13Permit EQ — ISSUED
2012-07-09311: Asbestos — Asbestos Complaint (B1)
2012-07-05Rodent inspection: Passed
2012-07-02Permit EW — ISSUED
2012-05-18Permit EQ — ISSUED
2012-05-18Permit EQ — ISSUED
2012-05-17Job filed: INSTALLATION OF PIPE SCAFFOLDING AS INDICATED ON PLANS. THERE WILL BE NO CHANGE IN THE USE, EGRESS, OR OCCUPANCY UNDER THIS APPLICATION.
2012-05-17Job filed: INSTALLATION OF HEAVY-DUTY SIDEWALK SHED AS INDICATED ON PLANS. THERE WILL BE NO CHANGE IN THE USE, EGRESS, OR OCCUPANCY UNDER THIS APPLICATION.
2012-04-17Job filed: EXTERIOR REPAIRS AS PER PLANS FILED. THERE IS NO CHANGE TO OCCUPANCY, USE OR EGRESS.$160,985
2012-04-17Job filed: EXTERIOR REPAIRS AS PER PLANS FILED. THERE IS NO CHANGE TO OCCUPANCY, USE OR EGRESS.$160,985
2012-03-28RPTT&RET $150,000 — from MAJOR, A. EDWARD to BARONE, ERNEST$150,000
2012-03-02RPTT&RET $230,000 — from WELLS FARGO BANK, N.A. AS TRUSTEE OF WAM to KASINATHAN, RENGASAMY; KASINATHAN, SUMATHI$230,000
2012-02-23Rodent inspection: Passed
2012-01-13RPTT&RET $192,000 — from CHEN, EDWIN to ZAHID, TOURIA$192,000
2011
2011-11-16Rodent inspection: Passed
2011-07-26RPTT&RET $257,000 — from CHAN, DANNY K to ARGUELLO, SEMANTHA$257,000
2011-06-30311: New Tree Request — For One Address
2011-05-12Permit EQ — ISSUED
2011-05-12Job filed: PROPOSED INSTALLATION OF HEAVYDUTY SIDEWALK SHED FILED FOR REMEDIAL REPAIRS AS PER PLANS. NO CHANGE IN USE OCCUPANCY OR EGRESS UNDER THIS APPLICATION.
2011-01-28Mortgage assigned — from FANNIE MAE to THE DIME SAVINGS BANK OF WILLIAMSBURGH
2011-01-28Mortgage $179,236 — from 509 EAST 88TH ST. OWNERS CORP. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$179,236
2011-01-28Agreement $600,000 — from THE DIME SAVINGS BANK OF WILLIAMSBURGH to 509 EAST 88TH ST. OWNERS CORP.$600,000
2011-01-28AL&R $600,000 — from 509 EAST 88TH ST. OWNERS CORP. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$600,000
2011-01-28Mortgage $100,000 — from 509 EAST 88TH ST. OWNERS CORP. to THE DIME SAVINGS BANK OF WILLIAMSBURGH$100,000
2010
2010-10-25Rodent inspection: Passed
2010-06-21RPTT&RET — from VIRGINIA M. MAJOR to MAJOR, A. EDWARD
2010-05-11RPTT&RET $235,000 — from HARDING, MEAGHAN to SIM, PECK HWEE$235,000
2008
2008-10-06RPTT&RET $315,000 — from REVESZ, ANDRAS to FERRINO, RICHARD; PANEK, LAURA$315,000
2008-05-05Mortgage $185,500 — from CHEN, EDWIN Y to BANK OF AMERICA, NA$185,500
2008-01-24RPTT&RET $270,000 — from MARGOLIS, CARLEY to ULU, MUSTAFA$270,000
2006
2006-10-25RPTT $290,000 — from NAVARRE, WILLIAM T; KORITZKE-NAVARRE, LARA to KLINE, CHARLES R$290,000
2006-07-06RPTT&RET $107,500 — from RENKO, TATIANA; RENKO, MARY to RENKO, TATIANA$107,500
2006-06-19RPTT&RET $349,500 — from BERG, SUSAN; HACKETT, JOSEPH RON to RILEY, COLLEEN HANNA; RILEY, DAVIN$349,500
2006-02-24RPTT $252,000 — from ALTENHOFEN, GLORIA to VIRTUE-BAKER, SONIA$252,000
2006-01-06DOB violation LL6291:
2005
2005-11-17RPTT&RET $360,000 — from EAST EIGHTIES UNITS, LLC to ROSEMAN, BRUCE$360,000
2005-08-03RPTT&RET $301,200 — from MALLIN, FAYE; MALLIN, DAVID to MIDDLETON, DAVID; MIDDLETON, NICKOLE$301,200
2005-05-26RPTT&RET $215,000 — from JUNKERSFELD, CONRAD J to RENKO, MARY; RENKO, TATIANA$215,000
2005-05-19RPTT&RET $275,000 — from MASLOWSKI, JENNIFER to WHITE, EVELYN$275,000
2005-02-18RPTT&RET $240,000 — from QUINONES, RUBEN; QUINONES, CAITLIN to REVESZ, ANDRAS$240,000
2004
2004-08-26RPTT $185,000 — from GARRETT, KEVIN to CHEN, EDWIN Y$185,000
1998
1998-05-20Mortgage assigned — from ARCS COMMERCIAL MORTGAGE CO., L.P. to FEDERAL NATIONAL MORTGAGE ASSOCIATION
1998-05-20Mortgage $72,125 — from 509 EAST 88TH ST. OWNERS CORP. to ARCS COMMERCIAL MORTGAGE CO., L.P.$72,125
1998-05-20Mortgage assigned — from DIME SAVINGS BANK OFWILLIAMSBURGH to ARCS COMMERCIAL MORTGAGE CO., L.P.
1998-05-20Agreement — from 509 EAST 88TH ST. OWNERS CORP. to ARCS COMMERCIAL MORTGAGE CO., L.P.
1992
1992-01-29Mortgage assigned — from 509 EAST 88TH ST COMPANY to DIME SV BK/WILLIAMSBURGH
1992-01-29Mortgage assigned — from EAST NEW YORK SV BK to DIME SV BK/WILLIAMSBURGH
1992-01-29Mortgage $5,290 — from DIME SAVINGS BK WLLSBRGH to 509 EAST 88 ST ETC$5,290
1992-01-29Mortgage $25,000 — from 509 EAST 88 ST ETC to DIME SAVINGS BK WLLSBRGH$25,000
1986
1986-12-26Deed — from 509 EAST 88 ST CO DBA; BROOK, LESTER; WEINSTEIN, SYLVIA; ASEN, HAROLD; ASEN, MILTON to 509 EAST 88 ST OWNERS CP
1986-12-26Mortgage $346,891 — from 509 EAST 88 ST OWNERS CP to 509 EAST 88 ST COMPANY$346,891
1973
1973-02-14Mortgage — from LASBRO INC to EAST NY SAVINGS BANK
1973-02-14Deed — from LASBRO INC to BROOK, LESTER; ASEN, HAROLD; WEINSTEIN, SYLVIA; ASEN, MILTON
1973-02-14Deed — from WEINSTEIN, SYLVIA; BROOK, LESTER; ASEN, MILTON; ASEN, HAROLD to LASBRO INC
1968
1968-11-25Deed — from 508 EAST 88TH STREETINC to ASEN, MILTON; WEINSTEIN, SYLVIA; BROOK, LESTER; ASEN, HAROLD