501 2 Avenue

Manhattan, NY

BBL 1-00909-0028BIN 1019898

Concern level2 of 4

Moderate

012 open class-C HPD violations (immediately hazardous) — about 1 per 64 apartments
021 of those issued in the last 3 years
031 open rent-impairing violation(s)

How this is set: open hazardous violations measured against the building's size, then raised by strong distress signals — HPD's enforcement program, court harassment findings, recent evictions, unpaid DOB fines, open housing-court cases, and a sold tax lien. Neighborhood noise and crime are not part of it. It describes the public record, not the condition of any one apartment, and a quiet record is not proof of a good building.

Rent regulation

Likely rent-stabilized

The owner registered 2 stabilized units with New York State for 2023 — of about 128 apartments.

2018 — 2 units registered2023 — 2

No public data says which specific apartment is stabilized.

Registration counts apply to the building, not to unit numbers. To confirm your own apartment, request your rent history from New York State Homes and Community Renewal — it is free and takes a few weeks.

How to request your rent history →

Rent regulation

The building

1978

Built

Floors

128

Residential units

Elevator apartments

Type

Energy-efficiency grade

Grade D — least efficient

ENERGY STAR score 37 of 100

Posted at the entrance of buildings over 25,000 sq ft (Local Law 33). It rates energy efficiency — a proxy for comfort and utility cost — not the landlord's upkeep.

The building

This building and the landlord's others

This building

HPD housing-maintenance violations

Open now

On record

Open Class C

Open Class B

Open Class A

Class C is immediately hazardous, Class B is hazardous, Class A is non-hazardous. A violation stays open until HPD certifies the repair, so some open items may already be fixed.

CLASS C · IMMEDIATELY HAZARDOUSApt 10HIssued 2026-10-02RENT-IMPAIRING

§ 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 10H, 10th STORY, 2nd APARTMENT FROM WEST AT NORTH

Status: Nov Certified On Time

CLASS C · IMMEDIATELY HAZARDOUSApt 9AIssued 1997-04-225+ YRS OLD

§ 27-2013 ADM CODE REMOVE OR COVER IN A MANNER APPROVED BY THE DEPARTMENT THE PEELING LEAD PAINT CEILING & WEST WALL 9 STY NORTHWEST APT 9A BATHROOM REISS 889 4937 ER1 , SECTION '' ''

Status: Defect letter issued

CLASS B · HAZARDOUSApt 5CIssued 2026-10-02

§ 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RULES AND REGULATIONS DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 5C, 5th STORY, 1st APARTMENT FROM SOUTH AT WEST

Status: Nov Certified On Time

CLASS B · HAZARDOUSApt 5CIssued 2026-10-02

§ 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPLICABLE LAW AND RULES DEFECTIVE IN THE ENTIRE APARTMENT LOCATED AT APT 5C, 5th STORY, 1st APARTMENT FROM SOUTH AT WEST

Status: Nov Certified On Time

HPD housing-maintenance violations

311 complaints from tenants

All time

Last 12 months

Heat/Hot Water22

Unsanitary Condition5

Plumbing2

Appliance1

Door/Window1

Water Leak1

Heat/Hot WaterApartment Only2026-09-30 · closed

ApplianceRefrigerator2026-09-22 · closed

Heat/Hot WaterEntire Building2026-03-23 · closed

Complaints record what a tenant reported, not a finding by the city. "Closed" often means the inspector could not gain access.

311 complaints from tenants

Neighborhood noise

Much higher than averagevs. NYC apartment blocks

4860

Noise reports · last 12 mo

405

≈ per month

% from neighbors

Residential2890

Helicopter1438

Street/Sidewalk182

Unspecified163

Commercial123

Vehicle44

Park20

311 noise complaints within about 1,000 ft (a few blocks) in the last year. Most reports here are about noise from inside buildings — neighbors, not the street. This counts how often people call 311, which tracks how densely populated and busy an area is as much as how loud it is — it is not a sound measurement.

Neighborhood noise

Neighborhood crime

Much higher than averagevs. NYC apartment blocks

646

NYPD reports · last 12 mo

≈ per month

Felony188

Misdemeanor370

Violation88

NYPD complaints reported within about 1,000 ft (a few blocks) in the last year, by severity. This reflects what gets reported and where police are active as much as actual safety, and busier, denser, higher-foot-traffic blocks log more. Locations are approximate — the NYPD shifts each report to the nearest corner for privacy — so read this as rough context, not a safety score.

Neighborhood crime

Bedbug history

No bedbugs reported

The owner filed 9 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.

Bedbug history

DOB building violations

Active

On record

Active, last 3 yrs

No active DOB violations.

DOB building violations

Evictions

No executed evictions on record for this building.

Evictions

Housing court

Cases on record

Open now

Tenant-brought

Harassment found

With a judgment

Most cases are tenants taking the owner to court to force repairs. A case is not proof of wrongdoing; a harassment finding or judgment is a court ruling against the owner.

CLOSEDOpened 2013-09-24

Tenant action

Housing court

Landlord and related buildings

Registered owner

MB GRAYSON LLC

Head officer

FRANK DU

Managing agent

STARPOINTE MANAGEMENT, LLC

No other buildings found sharing this building's registered contact.

Landlord and related buildings

Unpaid city fines

Balance due (active)

Active violations

Lost by default

DOB violations adjudicated by OATH carry money penalties. "Lost by default" means the owner never appeared at the hearing. An unpaid balance is a stronger "ignoring the city" signal than a raw violation count.

Unpaid city fines

Ownership & money

Speculation watch

·Bought and resold within a few years — rapid turnover is a common speculation signal

A pattern, not a prediction — many transfers are ordinary or between related companies.

Recorded sales

Mortgages / refinances

Last recorded sale2014-02-12 · $99,750,000

Most recent mortgage2023-12-28 · $1,039,346.28

Mortgage2023-12-28$1,039,346.28

borrower MB GRAYSON LLC · lender INDUSTRIAL AND COMMERCIAL BANK OF CHINA (USA) NA

Mortgage2019-01-08$8,000,000

borrower MB GRAYSON LLC · lender INDUSTRIAL AND COMMERCIAL BANK OF CHINA (USA)NA

Sale2014-02-12$99,750,000

SPG 28TH STREET TIC LLC, 28TH STREET NY INVESTORS LLC, 28TH STREET ACHILLES FEE OWNER LLC → MB GRAYSON LLC

Mortgage2014-02-12$1,500,000

borrower MB GRAYSON LLC · lender BANK OF CHINA, NEW YORK BRANCH

Sale2013-08-28no recorded price

28TH STREET NY INVESTORS LLC → SPG 28TH STREET TIC LLC, 28TH STREET ACHILLES FEE OWNER LLC, 28TH STREET NY INVESTORS LLC

From ACRIS recorded documents. Amounts are often $0 or nominal for transfers between related parties, and LLCs can obscure who is really involved — treat this as public-record context, not a valuation.

Ownership & money

City debt & tax-lien sale

Not on the city's tax-lien sale list (2019–2025). The owner has not fallen far enough behind on property tax or water charges to be flagged for a lien sale.

City debt & tax-lien sale