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NYC Building Records · BBL 1016250004

1261 PARK AVENUE

Manhattan · Block 1625 · Lot 4 · Walk-up + store (Class C7)

1261 PARK AVENUE is a Class C7 (walk-up + store) building in Manhattan (BBL 1016250004) built in 1910, with 18 residential units across 5 floors.

The building is in NYC community district 111, council district 8, zoning district R7-2, on a 2,517-square-foot lot with a building footprint of 8,835 square feet.

The current registered owner of record per NYC PLUTO is PARK AVENUE 2 LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 17, 2026.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

PARK AVENUE 2 LLC
HPD-registered head officer: BITA SASSOUNI

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerBITA SASSOUNI
  • Corporate OwnerPARK AVENUE 2 LLC
  • Managing AgentRAFAEL SASSOUNI
  • Site ManagerBENNY BUSHARI

Most recent deed

Last transferred on Jan 30, 2006 for $3.1M to Park Avenue 2 Llc.
Previous owner: Mediterranean Avenue Associates
Mortgage: $2.3M recorded Jan 30, 2006 with Washington Mutual Bank. Loan-to-value: 74%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Mar 3, 2022MTGE$1.7MParties redacted — full names in MetroDeeds Scout+
Mar 3, 2022AGMT$3.3MParties redacted — full names in MetroDeeds Scout+
May 3, 2012AGMT$2.0MParties redacted — full names in MetroDeeds Scout+
May 3, 2012MTGE$2.0MParties redacted — full names in MetroDeeds Scout+
Jan 30, 2006MTGE$2.3MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
18
Year built
1910
Class
C7
Borough
Manhattan
Zoning:
R7-2
Lot size:
2,517 sqft
Building area:
8,835 sqft
Floors:
5
Assessed value:
$756K
Community district:
111
Council district:
8

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected Mar 15, 2023
    (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…
  • Class CInspected Sep 14, 2022
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF RODENTS RAT INFESTATION AT BUILDING FRONT
  • Class CInspected Sep 14, 2022
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE AT PUBLIC HALL, 1st STORY
  • Class BInspected Sep 14, 2022
    § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING LOCKSET AT BULKHEAD DOOR LEADING TO ROOF TOP , 6th STORY
  • Class CInspected Sep 14, 2022
    § 27-2005, 27-2007, 27-2041.1 HMC: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE AT BULKHEAD , 6th STORY
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Mar 3, 2022).

Other buildings in this portfolio

Park Avenue 2 Llc controls 3 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 1261 PARK AVENUE

Who owns 1261 PARK AVENUE?

The current registered owner of record for 1261 PARK AVENUE per NYC PLUTO is PARK AVENUE 2 LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 1261 PARK AVENUE last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 1261 PARK AVENUE in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).

How many HPD violations does 1261 PARK AVENUE have?

No open HPD housing-maintenance code violations are on record for 1261 PARK AVENUE as of May 17, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 1261 PARK AVENUE?

NYC Department of Finance assesses 1261 PARK AVENUE at $756K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 1261 PARK AVENUE and what does that mean?

1261 PARK AVENUE is NYC building class C7 — Walk-up + store. A walk-up apartment building with a store on the ground floor. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

More from MetroDeeds

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