A modest record — below the level that usually signals systemic problems. More recorded distress than 85% 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 13.3. In ZIP 11220, 69% of residential buildings hold an A and
6% 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
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
8 service requests in the last three years. Most common: Dirty Condition (3) · Vendor Enforcement (2) · General Construction/Plumbing (1) · Illegal Parking (1) · HEAT/HOT WATER (1).
Filed construction activity
$2,133,159 in permitted construction work filed since
2016 (10 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 (1931)
No
Six or more residential units (2)
No
421-a / J-51 tax benefit on the current tax roll
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. 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)
GAM 5018 5TH AVE LLC
Head officer
JOSEPH AIZER
Managing agent
STRIVERS MANAGEMENT
Last registered
2025-09-16
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
$1,931,000
$868,950
2026
$1,592,000
$716,400
2027
$1,479,000
$665,550
The city's market estimate has fallen
23% 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.
2 street-flooding or sewer-backup complaints at this address since
2013 (0 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps
(cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
Getting around
Subway
53 St — R · 800 ft straight-line (about a 4-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 5 Av / 50 St — B63 · 100 ft
Citi Bike
53 St & 5 Ave · 600 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 — 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: $2,900,000 on
2018-04-05 (lender: Signature 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
2024-11-26
AL&R $1,975,000 — from GAM 5018 5TH AVE, LLC to FLUSHING BANK
$1,975,000
2024-11-26
Agreement $1,975,000 — from GAM 5018 5TH AVE, LLC to FLUSHING BANK
$1,975,000
2018-04-05
AL&R $2,900,000 — from GAM 5018 5TH AVE, LLC to SIGNATURE BANK
$2,900,000
2018-04-05
Mortgage $2,900,000 — from GAM 5018 5TH AVE, LLC to SIGNATURE BANK
$2,900,000
2015-09-29
Deed $2,575,000 — from NANITH REALTY CORP. to GAM 5018 5TH AVE, LLC
2024-11-26AL&R $1,975,000 — from GAM 5018 5TH AVE, LLC to FLUSHING BANK$1,975,000
2024-11-26TL&R — from SIG CRE 2023 VENTURE LLC to GAM 5018 5TH AVE, LLC
2024-11-26Mortgage assigned — from SIG CRE 2023 VENTURE LLC to FLUSHING BANK
2024-11-26Agreement $1,975,000 — from GAM 5018 5TH AVE, LLC to FLUSHING BANK$1,975,000
2024-10-02311: General Construction/Plumbing — Building Permit - None
2024-10-02DOB complaint, category ?
2024-04-25AALR — from SIGNATURE BANK, NEW YORK, NEW YORK; FEDERAL DEPOSIT INSURANCE CORPORATION; IN ITS CAPACITY to SIGNATURE BRIDGE BANK, N.A.
2024-04-25Mortgage assigned — from SIGNATURE BANK, NEW YORK, NEW YORK; FEDERAL DEPOSIT INSURANCE CORPORATION; IN ITS CAPACITY to SIGNATURE BRIDGE BANK, N.A.
2024-04-25AALR — from FEDERAL DEPOSIT INSURANCE CORPORATION; IN ITS CAPACITY AS RECEIVER FOR; SIGNATURE BRIDGE B to SIG CRE 2023 VENTURE LLC
2024-04-25Mortgage assigned — from SIGNATURE BRIDGE BANK, N.A.; IN ITS CAPACITY AS RECEIVER FOR; FEDERAL DEPOSIT INSURANCE CO to SIG CRE 2023 VENTURE LLC
2024-03-11311: Dirty Condition — Trash
2023
2023-11-28HPD 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
2023-10-18311: Dirty Condition — Trash
2022
2022-11-17HPD 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
2021-04-21HPD 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
2019-11-07HPD 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
2018-04-05AL&R $2,900,000 — from GAM 5018 5TH AVE, LLC to SIGNATURE BANK$2,900,000
2018-04-05Mortgage $2,900,000 — from GAM 5018 5TH AVE, LLC to SIGNATURE BANK$2,900,000
2018-04-04DOB complaint, category ?
2017
2017-12-05311: GENERAL — COOKING GAS
2017-12-05Tenant complaint: GENERAL — COOKING GAS
2017-11-24Certificate of occupancy Temporary
2017-10-12Permit SG — ISSUED
2017-08-08Permit EW — ISSUED
2017-07-31Permit EW — ISSUED
2017-07-31Permit EW — ISSUED
2017-07-31Job filed: HEREWITH FILE PLAN TO RENOVATE EXISTING RETAIL STORE. WORK TYPE TO INSTALL TILE FLOORING, CEILING, MILLWORK, AND DUCT WITH DIFFUSER AS PER PLAN. NO CH$55,000
2017-06-21FDNY inspection (RISK)
2017-03-29Permit FO — ISSUED
2017-03-29Permit FO — ISSUED
2017-03-29Permit AL — ISSUED
2017-02-24311: General Construction/Plumbing — Cons - Contrary/Beyond Approved Plans/Permits
2017-02-24DOB complaint, category ?
2017-02-13Permit EW — ISSUED
2017-01-03Permit PL — ISSUED
2016
2016-12-28Permit EW — ISSUED
2016-12-01311: General Construction/Plumbing — Site Conditions Endangering Workers
2016-12-01DOB complaint, category ?
2016-08-27311: Broken Muni Meter — Out of Order
2016-08-18Permit PL — ISSUED
2016-08-08Permit FO — ISSUED
2016-08-08Permit AL — ISSUED
2016-08-08Permit EQ — ISSUED
2016-08-08Permit FO — ISSUED
2016-07-21Job filed: INSTALL BOILERS AT THE 2ND AND 3RD FLOOR INDICATED ON DRAWINGS FILED HEREWITH. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER THIS APPLICATION. ALL PLUMBI$20,000
2016-07-21Job filed: INSTALL BOILERS AT THE 2ND AND 3RD FLOOR INDICATED ON DRAWINGS FILED HEREWITH. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER THIS APPLICATION. ALL PLUMBI$20,000
2016-07-21Job filed: INSTALL BOILERS AT THE 2ND AND 3RD FLOOR INDICATED ON DRAWINGS FILED HEREWITH. NO CHANGE IN USE EGRESS OR OCCUPANCY UNDER THIS APPLICATION. ALL PLUMBI$20,000
2016-05-02Job filed: INSTALL NEW SPRINKLER SYSTEM WITH RELATED PLUMBING WORK FOR NEW FIRE SPRINKLER SERVICE INDICATED ON DRAWINGS FILED HEREWITH.$31,000
2016-05-02Job filed: INSTALL NEW SPRINKLER SYSTEM WITH RELATED PLUMBING WORK FOR NEW FIRE SPRINKLER SERVICE INDICATED ON DRAWINGS FILED HEREWITH.$31,000
2016-05-02Job filed: INSTALL NEW SPRINKLER SYSTEM WITH RELATED PLUMBING WORK FOR NEW FIRE SPRINKLER SERVICE INDICATED ON DRAWINGS FILED HEREWITH.$31,000
2016-04-18Job filed: CONSTRUCT ENLARGEMENT AT 1ST FLOOR REAR AND OBTAIN A NEW CERTIFICATE OF OCCUPANCY, GENERAL CONSTRUCTION, MECHANICAL, STRUCTURAL AND PLUMBING WORK INDI$961,000
2016-04-18Job filed: CONSTRUCT ENLARGEMENT AT 1ST FLOOR REAR AND OBTAIN A NEW CERTIFICATE OF OCCUPANCY, GENERAL CONSTRUCTION, MECHANICAL, STRUCTURAL AND PLUMBING WORK INDI$961,000