The city's published records show little recorded distress here in the last three years. Less recorded distress than 70% 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 6. In ZIP 11215, 70% of residential buildings hold an A and
4% 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
Open HPD violations
3 total — 0 class C (immediately hazardous), 3 class B, 0 class A. Oldest open since 2006-05-13.
status snapshot refreshed weekly from HPD records
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
8 service requests in the last three years. Most common: Illegal Parking (4) · Damaged Tree (1) · Residential Disposal Complaint (1) · For Hire Vehicle Complaint (1) · Panhandling (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 (10)
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)
501 FIFTH AVENUE PROPERTIES LLC
Head officer
SAL RADONCIC
Managing agent
FRIEDMAN MANAGEMENT CORP.
Last registered
2025-12-10
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
$774,900
$348,705
2026
$0
$0
2027
$881,900
$396,855
The city's market estimate has risen
14% between tax years 2025 and 2027.
For property tax, the Department of Finance values this condo
as if it were a rental building. Its 2023 estimate: gross income $343,370 a year
($38.25 per sq ft), operating expenses $120,202
($13.39 per sq ft), net operating income $223,168. These are the
city's estimates from comparable rentals, not the building's actual budget, rents or maintenance
charges.
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
4 Av-9 St — F G R · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: none
Bus
Nearest boarding stop: 5 Av / 12 St — B63 · 100 ft
Citi Bike
14 St & 5 Ave · 450 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.
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.
HPD 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
2025-11-21311: Illegal Parking — Blocked Bike Lane
2025-11-19HPD 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
2025-09-12311: Illegal Parking — Blocked Bike Lane
2025-08-29311: For Hire Vehicle Complaint — Driver Complaint - Non Passenger
2025-08-29311: Illegal Parking — Blocked Bike Lane
2024
2024-12-20Bedbug filing: 0 infested units
2024-11-26HPD 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
2024-06-30311: Residential Disposal Complaint — Waste Set Out Too Early or Too Late
2024-06-26311: Damaged Tree — Branch Cracked and Will Fall
2023
2023-12-06Bedbug filing: 0 infested units
2023-10-06FDNY inspection (RISK)
2023-01-04Bedbug filing: 0 infested units
2022
2022-09-23FDNY inspection (RISK)
2022-03-16Agreement — from WEBSTER BANK to HAI T CAO, MD PC
2022-03-16Agreement — from WEBSTER BANK to HAI T CAO, MD PC
2022-03-09Mortgage assigned — from JPMORGAN CHASE BANK, N.A to WEBSTER BANK NATIONAL ASSOCIATION
2022-03-09AL&R $1,800,000 — from GBR FIFTH AVENUE LLC to WEBSTER BANK NATIONAL ASSOCIATION$1,800,000
2022-03-09Agreement $1,800,000 — from GBR FIFTH AVENUE LLC to WEBSTER BANK NATIONAL ASSOCIATION$1,800,000
2022-03-09Mortgage assigned — from JPMORGAN CHASE BANK, N.A to WEBSTER BANK NATIONAL ASSOCIATION
2022-03-09Deed $5,200,000 — from FIFTH AVENUE REALTY INC. to GBR FIFTH AVENUE LLC; 501 FIFTH AVENUE PROPERTIES LLC$5,200,000
2022-03-09Deed $5,200,000 — from FIFTH AVENUE REALTY INC. to GBR FIFTH AVENUE LLC; 501 FIFTH AVENUE PROPERTIES LLC$5,200,000
2022-03-09Agreement $1,800,000 — from GBR FIFTH AVENUE LLC to WEBSTER BANK NATIONAL ASSOCIATION$1,800,000
2022-03-09AL&R $1,800,000 — from GBR FIFTH AVENUE LLC to WEBSTER BANK NATIONAL ASSOCIATION$1,800,000
2021-04-05HPD 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
2020-05-27Agreement $2,400,000 — from JPMORGAN CHASE BANK, N.A. to FIFTH AVENUE REALTY INC.$2,400,000
2020-05-27Mortgage $401,877 — from FIFTH AVENUE REALTY INC. to JPMORGAN CHASE BANK, N.A.$401,877
2020-05-27Agreement $2,400,000 — from JPMORGAN CHASE BANK, N.A. to FIFTH AVENUE REALTY INC.$2,400,000
2020-05-27Mortgage $401,877 — from FIFTH AVENUE REALTY INC. to JPMORGAN CHASE BANK, N.A.$401,877
2019
2019-12-03DOB violation E:
2019-10-28HPD 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
2019-09-27311: Broken Parking Meter — Out of Order
2019-01-05311: Noise — Noise: Jack Hammering (NC2)
2018
2018-12-18311: Water System — Leak (Use Comments) (WA2)
2018-12-12ECB CLASS - 2 violation: 02X10, 24X10. 02X10-REPAIR EMERGENCY PHONE; 24X10-REPAIR BASEMENT FLOOR POSITION INDICATOR.$312
2018-10-12HPD 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
2016-12-27MAPS — from THE 501 5TH AVENUE CONDOMINUM
2016-12-27CDEC — from 5TH AVENUE REALTY INC.
2016-12-27MAPS — from THE 501 5TH AVENUE CONDOMINUM
2016-12-27CDEC — from 5TH AVENUE REALTY INC.
2016-03-29Job filed: APPLICATION TO FILE TWO CONDO TAX LOTS, SEE COMMENTS FOR DETAILS.
2015
2015-03-04Job filed: CONVERT THE EXISTING CELLAR TO "ACCESSORY TO 1ST FLOOR MEDICAL OFFICE", PLUMBING AND PARTITION WORK AS PER PLAN. EXISTING CO# 301150439-2009$61,500
2015-02-05HPD 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
2012
2012-10-24Tenant complaint: HEATING — HEAT RELATED
2012-09-11Job filed: MH WORK TYPE IS HEREWITH FILED TO REPLACE HVAC UNITS IN CELLAR AND 1ST FLOOR. NO CHANGE IN USE, OCCUPANCY OR EXIT.$37,000
2012-03-01Job filed: INTERIOR RENOVATION FOR 1ST FLOOR MEDICAL OFFICE ONLY. PLUMBING AND PARTITION WORK AS PER PLAN; NO CHANGE IN USE, OCCUPANCY OR EXIT. CO# 301150439F$85,000
2008
2008-07-30HPD class B: § 27-2032, 2034 ADM CODE DISCONTINUE USE OF ILLEGAL SPACE AND/OR HOT WATER HEATER AND PROVIDE FILED FOR & APPROVED HEATER WHICH OBTAINS COMB
2008-07-30HPD class A: § 27-2098 ADM CODE FILE WITH THIS DEPARTMENT A REGISTRATION STATEMENT FOR BUILDING.
2008-03-06Tenant complaint: GENERAL — MAILBOX
2006
2006-07-25HPD class B: § 27-2046.1, 2046.2 HMC: PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE LAW A
2006-05-13HPD class B: § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING KNODS ON DOORS THROUGHOUT IN THE ENTIRE APARTMENT LOCATED AT APT 4R, 4th STORY, APARTMENT AT
2005-01-19Job filed: Installation of sprinkler system throughout entire building. Application filed in conjunction with Alteration Type I # 301150439.$36,000
2004
2004-03-05Job filed: INSTALLATION OF A HEAVY DUTY SIDEWALK SHED 25' DURING MASONRY REPAIR (BRICK REPOINTING), NO DOB FILING REQUIRED. NO CHANGE IN USE, EGRESS OR OCCUPANCY
2001
2001-10-17Job filed: INSTALL SHED IN CONJUNCTION WITH ALT. TY PE 1 301150439 NO CHANGE IN USE, EGRESS OR OCCUPANCYY.