The city's published records show little recorded distress here in the last three years. Less recorded distress than 100% 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 0. In ZIP 11249, 60% of residential buildings hold an A and
7% 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
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
6 service requests in the last three years. Most common: Graffiti (4) · Illegal Parking (1) · Abandoned Bike (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
No
Built before 1974 (2012)
No
Six or more residential units (4)
Yes
421-a / J-51 tax benefit on the current tax roll
1 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. 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)
123 SOUTH 1ST STREET CONDOMINIUM
Head officer
SAM WURTZBERGER
Managing agent
MRE PROPERTY MANAGEMENT LLC
Last registered
2025-07-08
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
$1,010,603
$454,771
2026
$808,510
$363,829
2027
$970,212
$436,595
The city's market estimate has fallen
4% between tax years 2025 and 2027.
Tax exemptions on the roll: 421A 15 YR CAP
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
Bedford Av — L · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: full Marcy Av — J M Z · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: full
Bus
Nearest boarding stop: Grand St / Bedford Av — Q59 · 300 ft
Citi Bike
S 3 St & Bedford Ave · 650 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.
6 311 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.
2025-05-29Mortgage satisfied — from SHITRIT, IDAN to RBS CITIZENS N.A.; ARC HOME LLC; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
2025-05-12Deed $2,745,000 — from SHITRIT, IDAN to VAUGHAN, BRIAN$2,745,000
2025-05-12Mortgage $2,196,000 — from VAUGHAN, BRIAN to WELLS FARGO BANK, N.A.$2,196,000
2025-05-02Sold for $2,745,000$2,745,000
2024
2024-12-03Bedbug filing: 0 infested units
2024-11-08Mortgage satisfied — from TELYAS, JAKOV to CITIZENS BANK, N.A
2024-11-07Mortgage satisfied — from TELYAS, JAKOV to CITIZENS BANK, N.A.; CITIZENS, RBS
2024-11-01311: Abandoned Bike — Chained to Public Property
2024-10-18Mortgage $1,145,000 — from NORTON, ERYN KELSEY; ROLON, MAX ELLIOT to JPMORGAN CHASE BANK N.A.$1,145,000
2024-10-18Deed $1,795,000 — from TELYAS, JAKOV to NORTON, ERYN KELSEY; ROLON, MAX ELLIOT$1,795,000
2024-10-09Sold for $1,795,000$1,795,000
2024-08-19Mortgage assigned — from JPMORGAN CHASE BANK, NATIONAL ASSOCIATIO to ARC HOME LLC
2024-08-19Mortgage assigned — from ARC HOME LLC to MERS
2024-08-19Mortgage $731,812 — from SHITRIT, IDAN to MERS$731,812
2024-08-19Agreement $1,959,999 — from SHITRIT, IDAN to MERS$1,959,999
2024-06-16311: Graffiti — Graffiti
2024-05-27311: Illegal Parking — Blocked Sidewalk
2024-01-31311: Graffiti — Graffiti
2023
2023-12-06Bedbug filing: 0 infested units
2023-11-20Mortgage assigned — from FEDERAL DEPOSIT INSURANCE CORPORATION; JPMORGAN CHASE BANK N.A; FIRST REPUBLIC BANK SAN FR to JPMORGAN CHASE BANK NATIONAL ASSOCIATION
2023-10-17311: Graffiti — Graffiti
2023-02-24Agreement $1,300,000 — from SHITRIT, IDAN to FIRST REPUBLIC BANK$1,300,000
2022-03-10HPD 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
2022-03-04Mortgage assigned — from CITIZENS BANK, N.A.; RBS CITIZENS, N.A. to FIRST REPUBLIC BANK
2022-03-04Mortgage $198,650 — from SHITRIT, IDAN to FIRST REPUBLIC BANK$198,650
2022-03-04Mortgage assigned — from CITIZENS BANK, N.A. AT C/O CITIZENS ONE to FIRST REPUBLIC BANK
2022-02-28311: Blocked Driveway — No Access
2021
2021-11-16Mortgage assigned — from CAPITAL ONE, N.A.; MERS to GUARANTEED RATE, INC.; MERS
2021-11-16Mortgage $16,364 — from AMSTUTZ, ERIC; TOVAR, NATALIA to MERS; GUARANTEED RATE, INC$16,364
2021-11-16Agreement $705,000 — from AMSTUTZ, ERIC; TOVAR, NATALIA to GUARANTEED RATE, INC; MERS$705,000
2021-11-15Bedbug filing: 0 infested units
2021-03-17Bedbug filing: 0 infested units
2020
2020-10-29311: Noise — Noise: Alarms (NR3)
2020-10-20Mortgage $1,395,000 — from SHAHSAVARIAN-CHAN, ARGHAVAN; CHAN, DAVID to JPMORGAN CHASE BANK, N.A$1,395,000
2020-10-20Deed $1,810,000 — from ATMI 123 LLC to SHAHSAVARIAN-CHAN, ARGHAVAN; CHAN, DAVID$1,810,000
2020-09-04Mortgage satisfied — from 129-131 SOUTH 1 LLC to GPS CAPITAL FUND LLC
2020-09-04Mortgage satisfied — from 129-131 SOUTH 1 LLC to GPS CAPITAL FUND LLC
2020-06-05311: Request Large Bulky Item Collection — Request Large Bulky Item Collection
2020-01-28Mortgage assigned — from W FINANCIAL FUND, LP to W FINANCIAL REIT, LTD
2019
2019-11-06HPD 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
2019-04-17Rodent inspection: Passed
2018
2018-12-21311: Graffiti — Graffiti
2018-10-26HPD 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
2018-08-07Mortgage assigned — from MANUFACTURERS AND TRADERS TRUST COMPANY to W FINANCIAL FUND, LP
2018-08-07Agreement $5,500,000 — from ATMI 133 LLC; GRAND 26 LLC; ATMI 123 LLC to W FINANCIAL FUND LP$5,500,000
2018-05-22Mortgage $359,000 — from SHITRIT, IDAN to CITIZENS BANK, N.A.$359,000
2018-04-11Mortgage $470,000 — from TELYAS, JAKOV to CITIZENS BANK$470,000
2017
2017-12-11HPD 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
2017-08-09Mortgage assigned — from W FINANCIAL FUND, LP to MANUFACTURERS AND TRADERS TRUST COMPANY
2017-03-27Mortgage $323,984 — from SHITRIT, IDAN to CITIZENS BANK N.A$323,984
2017-03-27Agreement $810,000 — from SHITRIT, IDAN to CITIZENS BANK N.A$810,000
2017-03-21CORRM $5,519 — from AMSTUTSZ, ERIC; TOVAR, NATALIA to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; MERS; CAPITAL ONE, N.A.$5,519
2017-03-21Agreement $777,400 — from TOVAR, NATALIA; AMSTUTSZ, ERIC to MERS; CAPITAL ONE, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS$777,400
2017-01-25Mortgage $5,519 — from AMSTUTZ, ERIC; TOVAR, NATALIA to CAPITAL ONE, N.A.; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS; MERS$5,519
2017-01-25Mortgage assigned — from MERS; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS to CAPITAL ONE, N.A.; MERS; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
2017-01-10Deed — from 129-131 SOUTH 1 LLC to ATMI 123 LLC
2017-01-10Mortgage $5,050,000 — from ATMI 133 LLC; GRAND 26 LLC; ATMI 123 LLC to W FINANCIAL FUND, LP$5,050,000
2017-01-10Agreement $5,500,000 — from ATMI 133 LLC; GRAND 26 LLC; ATMI 123 LLC to W FINANCIAL FUND, LP$5,500,000
2017-01-10AL&R $5,500,000 — from ATMI 123 LLC; ATMI 133 LLC; GRAND 26 LLC to W FINANCIAL FUND, LP$5,500,000
2016
2016-12-28Deed transfer (nominal price)
2016-11-29HPD 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
2016-01-12Mortgage $500,000 — from TELYAS, JAKOV to RBS CITIZENS, N.A.$500,000
2016-01-06Mortgage $500,000 — from SHITRIT, IDAN to RBS CITIZENS NA$500,000
2015
2015-07-22PREL — from GPS CAPITAL FUND LLC to 129-131 SOUTH 1 LLC
2015-07-22PAT — from PALOMBI, FRANCESCO to BOSCHINI, FRANCESCO
2015-07-22PREL — from GPS CAPITAL FUND LLC to 129-131 SOUTH 1 LLC
2015-07-22PREL — from GPS CAPITAL FUND LLC to 129-131 SOUTH 1 LLC
2015-06-02Deed — from 129-131 SOUTH 1 LLC to SHITRIT, IDAN
2015-06-02Deed — from 129-131 SOUTH 1 LLC to TELYAS, JAKOV
2015-05-22Deed $1,200,000 — from TSZ WB LLC to TOVAR , NATALIA; AMSTUTZ, ERIC$1,200,000
2015-05-22Mortgage $800,000 — from AMSTUTZ, ERIC; TOVAR , NATALIA to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS$800,000
2015-05-22PREL — from 129 - 131 SOUTH 1 LLC to GPS CAPITAL FUND LLC
2015-05-22PAT — from AMSTUTZ, ERIC; TOVAR , NATALIA to BOARD MANAGERS OF 123 SOUTH 1ST STREET C
2015-04-02Job filed: HEREBY FILING FOR CONDOMINIUM SUBDIVISION
2015-03-19Deed — from 129-131 SOUTH 1 LLC to TSZ WB LLC
2015-01-12CDEC — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12MAPS — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12CDEC — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12CDEC — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12MAPS — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12MAPS — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12MAPS — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2015-01-12CDEC — from THE 123 SOUTH 1ST STREET CONDOMINIUM
2014
2014-12-18Job filed: TENTATIVE CONDOMINIUM LOT NUMBERS HEREWITH FILED. BLOCK NO. 2392 LOT NO. 43 TENT. LOT NUMBERS 1101-1104. CERTIFICATE OF OCCUPANCY APPLICATION NUMBER 3
2014-08-29Certificate of occupancy Final
2011
2011-11-03Job filed: AUTOMATIC SPRINKLER SYSTEM INTALLATION IN CONJUNCTION WITH NB APPLICATION#, NO CHANGE IN USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION$1,000