Manhattan

221 East 23rd Street, Manhattan

NYC Municipal Record· BBL 1-00904-0013· New York County

technical data · neighborhood and transit

221 East 23rd Street, Manhattan: owner of record M & E 23RD STREET REALTY, assessed at $2,433,600, 8 open housing violations. Sourced directly from official city and county records.

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221 East 23rd Street, ManhattanOpen map

Quick answers

Who owns 221 East 23rd Street?
M & E 23RD STREET REALTY is the owner of record, per NYC Department of Finance (BBL 1009040013).
What is the assessed value of 221 East 23rd Street?
$2,433,600, set by the NYC Department of Finance.
Does 221 East 23rd Street have open housing violations?
Yes. NYC HPD lists 8 open violations, 3 immediately hazardous (class C).
What is the 2026 conforming loan limit in New York County?
$1,209,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
Is radon a problem here?
EPA radon zone 2, moderate potential.
What natural disasters is 221 East 23rd Street at risk for?
FEMA's National Risk Index rates the area relatively high overall, with elevated inland flooding and heat wave risk.

Property records

Tax assessment

$2,433,600 · class C7

  1. Mortgage assignmentDec 1, 2015

    Borrower: Gha Holdings Llc · Lender: New York Community Bank

    Recorded document scan
  2. MortgageDec 1, 2015$4,190,593

    Borrower: M&E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  3. Mortgage agreementDec 1, 2015$15,250,000

    Borrower: M&E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  4. Mortgage agreementFeb 6, 2013$650,000

    Borrower: M&E 23rd Street Realty, Llc, 628 West End, Llc, M&E 234 Llc · Lender: Gha Holdings, Llc

    Recorded document scan
  5. Mortgage agreementAug 14, 2012$11,179,106

    Borrower: M&E 23rd Street Realty Llc · Lender: New York Community Bank

    Recorded document scan
  6. MortgageJan 28, 2010$3,869,157

    Borrower: M&E 23rd Street Realty, Llc, · Lender: New York Community Bank

    Recorded document scan
  7. Mortgage agreementJan 28, 2010$11,265,000

    Borrower: New York Community Bank · Lender: M&E 23rd Street Realty, Llc,

    Recorded document scan
  8. MortgageFeb 14, 2007$1,915,000

    Borrower: 215 Avenue B Realty Llc, M & E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  9. Mortgage agreementFeb 14, 2007$3,400,000

    Borrower: M & E 23rd Street Realty, Llc, 215 Avenue B Realty Llc · Lender: New York Community Bank

    Recorded document scan
  10. MortgageFeb 7, 2007$91,723

    Borrower: M&E 23rd Street Realty, Llc, 215 Avenue B Realty Llc · Lender: New York Community Bank

    Recorded document scan
  11. Mortgage agreementFeb 7, 2007$1,485,000

    Borrower: 215 Avenue B Realty Llc, M&E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  12. Mortgage agreementNov 16, 2004$2,755,000

    Borrower: M&E 234, Llc, Major 10th Street Realty Corp., Major Perry St.Corp. · Lender: Lagrassa, Jack, Lagrassa Family Trust

    Recorded document scan
  13. MortgageNov 16, 2004$1,330,000

    Borrower: M&E 23rd Street Realty, Llc · Lender: Lagrassa, Jack, The Lagrassa Family Trust

    Recorded document scan
  14. MortgageNov 16, 2004$1,322,369

    Borrower: M&E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  15. Mortgage agreementNov 16, 2004$8,067,500

    Borrower: New York Community Bank · Lender: M&E 23rd Street Realty, Llc

    Recorded document scan
  16. Mortgage assignmentNov 10, 2004

    Borrower: Lagrassa, Jack, The Lagrassa Family Trust · Lender: New York Community Bank

    Recorded document scan
  17. Mortgage agreementSep 25, 2003$2,755,000

    Borrower: Lagrassa, Jack, Jack Lagrassa, Trustee Of Lagrassa Family Tr. · Lender: M&E Mott, Llc

    Recorded document scan
  18. Mortgage agreementSep 25, 2003$2,755,000

    Borrower: M&E 73-75, Llc, Major Mott St. Corp., M&E 432 E. 13th, Llc · Lender: Lagrassa, Jack, Jack Lagrassa, Trustee Of Lagrassa Family Tr.

    Recorded document scan
  19. MortgageSep 18, 2003$2,190,858

    Borrower: M & E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  20. Mortgage agreementSep 18, 2003$5,500,000

    Borrower: M & E 23rd Street Realty, Llc · Lender: New York Community Bank

    Recorded document scan
  21. Mortgage agreementMay 10, 2001

    Borrower: New York Community Bank · Lender: 208-214 E. 25th St.,Llc

  22. MortgageMay 10, 2001$4,344,265

    Borrower: 208-214 E. 25th St.,Llc · Lender: New York Community Bank

  23. Mortgage assignmentOct 18, 2000

    Borrower: M & E 432 E. 13th, Llc, Major Mott St. Corp., M & E 416 E. 13th St. Llc · Lender: Grassa, Jack A. Trustee, La Grassa Family Trust, La Grassa, Jack

  24. MortgageOct 18, 2000$1,425,000

    Borrower: Major Mott St. Corp., M & E 416 E. 13th.,Llc, M & E 432 E. 13th, Llc · Lender: La Grassa Family Trust, La Grassa, Jack, La Grassa, Jack Trustee

  25. Mortgage agreementOct 12, 2000

    Borrower: La Grassa, Jack · Lender: M&E 23rd Street Realty, Llc

  26. Mortgage agreementOct 12, 2000

    Borrower: La Grassa, Jack · Lender: M&E 23rd Street Realty, Llc

  27. MortgageFeb 11, 2000$1,091,691

    Borrower: M&E 23rd Street Realty, Llc · Lender: Cfs Bank

Sourced directly from official city and county records. BBL 1009040013

NYC records

Walk-up apartments

Tenant and buyer signals

Rent stabilization

Likely stabilized

Built 1950 with 18 homes, the profile NYC rent stabilization covers. Ask for the apartment's rent history from NYS HCR.

Elevator

Walk-up, 6 floors

Top floor is 5 flights of stairs. City building class C7.

Hurricane zone

Evacuation zone 5

Zone 1 evacuates first, zone 6 last. Check the flood insurance history.

Alcohol licenses

None within 200 ft

No active on-premises liquor license on file with the NY State Liquor Authority.

Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.

Tax lot 1009040013

Built
1950
Floors
6
Homes
18
Zoning
C2-8A
Floor area
9,715 sq ft
Lot
2,410 sq ft
Tax assessment
$2.4M

Housing violations (HPD)

8 open

3 immediately hazardous · 4 hazardous · 1 non-hazardous

Heat and hot water, 2 years

No heat or hot water complaints filed.

Bedbug filing, 2025

0 of 22 units reported infested.

Residential evictions, 5 years

No marshal evictions executed.

311 calls within 260 ft, 12 months

285

  • Noise · 48
  • HEAT/HOT WATER · 26
  • Noise - Residential · 25

Safety and environment

FEMA natural hazard risk

Relatively High

Highest for this area: inland flooding, heat wave, winter weather. These drive insurance cost here.

FEMA National Risk Index, census tract

Superfund site

2.6 mi

Meeker Avenue Plume (NPL Site). Check groundwater and vapor reports on the EPA site page.

EPA National Priorities List

Leaking fuel tanks

10 within 1,650 ft

Nearest: Bellevue Hospital Fdny -Ddc, 472 1st Avenue (1,550 ft), open. 1 still open. Ask whether groundwater or soil vapor testing was done.

EPA UST Finder, leaking underground storage tank releases

Brownfield site

700 ft

325 East 25th Street. Former industrial land in EPA's cleanup and reuse program.

EPA ACRES Brownfields

Toxic release facility

2,800 ft

Endurart Inc and 2 more within a mile. Reports chemical releases to air, water or land to EPA each year.

EPA Toxics Release Inventory

High-voltage line

300 ft

345 kV line run by CONSOLIDATED EDISON CO-NY INC.

HIFLD transmission lines

Radon potential

Moderate

Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.

EPA and USGS Geologic Radon Potential Map

Nearest public schools

150 ft

AMERICAN SIGN LANGUAGE & ENGLISH SECONDARY SCHOOL (150 ft), 47 AMERICAN SIGN LANGUAGE AND ENGLISH LOWER SCHOOL (THE) (150 ft), SCHOOL OF THE FUTURE HIGH SCHOOL (1,000 ft). Confirm the assigned school with the district.

U.S. Department of Education, NCES

Major airport

6.3 mi

LaGuardia (LGA). Aircraft may be audible under approach paths.

FAA large-hub airports

Conforming loan limit 2026

$1,209,750

New York County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.

FHFA Conforming Loan Limit Values, one-unit

Property tax after you buy

$500,000

$7,000 a year

About $583 a month at New York's 1.40% median effective rate.

In New York City, small homes are capped at 6% a year (20% over five years), and the cap stays with the property through a sale.

Rough estimate. U.S. Census ACS median effective rates. Your county assessor sets the final bill.

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Who lives and works in Manhattan

Finance, media and law, with the country's densest job market

Manhattan is built around work. Most households rent, most trips happen on foot or on the subway, and the day starts early in Midtown and downtown. Apartments are small by national standards and the premium goes to the commute, not the square footage.

$99,880
median household income
20.5%
residents aged 25 to 34
24%
households that own their home

What pays the bills

  • Finance and insurance
  • Media and publishing
  • Law and consulting
  • Healthcare
  • Tech offices

Who anchors the economy

JPMorgan Chase · Goldman Sachs · NYU · Mount Sinai · Google NYC

The market is shaped around

  • Young professionals
  • Dual-income couples
  • People who want to live without a car
Read the Manhattan city report →

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  • Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
  • Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
  • Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
  • Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
  • Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.

Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.

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