No HPD housing-court cases on record for this building.
HPD housing-maintenance violations
2
Open now
3
On record
0
Open Class C
0
Open Class B
1
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 I · NON-HAZARDOUS
§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 SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
Status: Notice issued, not yet certified
CLASS A · NON-HAZARDOUSIssued 2026-05-08
(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 HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Status: Notice issued, not yet certified
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.
Rent regulation
Likely rent-stabilized
The owner registered 2 stabilized units with New York State for 2023.
18
19
20
21
22
23
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.
Executed by a city marshal. An eviction can be lawful; a high or rising count is a displacement signal, not proof of wrongdoing.
Bedbug history
No bedbugs reported
The owner filed 7 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.
Unpaid city fines
$0
Balance due (active)
0
Active violations
0
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.
Concern level1 of 4
Low
012 open HPD 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.
311 complaints from tenants
No 311 housing complaints on record for this building.
DOB building violations
0
Active
5
On record
0
Active, last 3 yrs
No active DOB violations.
Landlord and related buildings
Registered owner
71ST STREET PROPERTIES, LLC
Head officer
NADER SHALOM
Managing agent
GATSBY ENTERPRISES, LLC
1 other building share this owner's registration contacts. Shared contacts suggest common control, but they are not proof of ownership.
·Changed hands in 2025 — new owners sometimes move to raise rents or deregulate units
A pattern, not a prediction — many transfers are ordinary or between related companies.
7
Recorded sales
9
Mortgages / refinances
Last recorded sale2025-02-04 · $41,600,000
Most recent mortgage2025-02-04 · $16,910,917.54
Mortgage2025-02-04$16,910,917.54
borrower 242 EAST 71ST STREET OWNER LLC · lender VALLEY NATIONAL BANK
Sale2025-02-04$41,600,000
71ST STREET PROPERTIES LLC, LSE REALTY LLC, 71ST STREET PROPERTIES -2 LLC → 242 EAST 71ST STREET OWNER LLC
Sale2025-01-30no recorded price
71ST STREET PROPERTIES LLC → LSE REALTY LLC, 71ST STREET PROPERTIES -2 LLC, 71ST STREET PROPERTIES LLC
Mortgage2019-12-03$5,238,938.86
borrower 71ST STREET PROPERTIES LLC · lender CAPITAL ONE, NATIONAL ASSOCIATION
Sale2007-12-21$20,900,000
JAX REALTY CORP. → 71ST STREET PROPERTIES 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.