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NYC Building Records · BBL 1004920041

5 SPRING STREET

Manhattan · Block 492 · Lot 41 · Walk-up + store (Class C7)

5 SPRING STREET is a Class C7 (walk-up + store) building in Manhattan (BBL 1004920041) built in 1900, with 22 residential units across 5 floors.

The building is in NYC community district 102, council district 1, zoning district C6-2, on a 2,697-square-foot lot with a building footprint of 9,135 square feet.

The current registered owner of record per NYC PLUTO is 5 SPRING PROPERTY OWNER LLC.

The most recent ACRIS deed transfer for this BBL was recorded on July 26, 2023 when AVIV ASSOCIATES, LLC; NG23, LLC conveyed the property to 5 SPRING PROPERTY OWNER LLC for $10.00M. The transaction was recorded as cash (no paired mortgage instrument).

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 18, 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

5 SPRING PROPERTY OWNER LLC
HPD-registered head officer: DAVID GLEITMAN

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerDAVID GLEITMAN
  • Corporate Owner5 SPRING PROPERTY OWNER LLC
  • Managing AgentTARGO MANAGEMENT
  • Site ManagerGALDINO VARGAS

Most recent deed

Last transferred on Jul 26, 2023 for $10.0M to 5 SPRING PROPERTY OWNER LLC.
Previous owner: AVIV ASSOCIATES, LLC; NG23, LLC
Cash sale: no recorded mortgage tied to this transfer.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Jul 26, 2023DEED$10.0MParties redacted — full names in MetroDeeds Scout+
Jul 26, 2023DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Mar 27, 2023AGMT$3.6MParties redacted — full names in MetroDeeds Scout+
Aug 30, 2011DEED$3.9MParties redacted — full names in MetroDeeds Scout+
Aug 30, 2011AGMT$2.9MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
22
Year built
1900
Class
C7
Borough
Manhattan
Zoning:
C6-2
Lot size:
2,697 sqft
Building area:
9,135 sqft
Floors:
5
Assessed value:
$2.1M
Community district:
102
Council district:
1

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 CInspected Mar 30, 2026
    § 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE GLASS PANE AT BUILDING FRONT ENTRANCE DOOR AT PUBLIC HALL, 1st STORY
  • Class AInspected Mar 19, 2026
    §27-2104(B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONSPICUOUS LOCATION WIT…
  • Class CInspected Mar 19, 2026
    § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MIS…
  • Class BInspected Mar 19, 2026
    § 27-2005 HMC: REFIT DOOR AT 1st PUBLIC HALL BULKHEAD FROM EAST
  • Class CInspected Feb 4, 2026
    § 27-2029 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE 3rd ROOM FROM NORTH LOCATED AT APT 3B, 3rd STORY, 1st APARTME…
🔒 See full violation history with closure dates →

Recent ACRIS activity

5 documents in the last 5 years (most recent Jul 26, 2023).

Frequently asked questions about 5 SPRING STREET

Who owns 5 SPRING STREET?

The current registered owner of record for 5 SPRING STREET per NYC PLUTO is 5 SPRING PROPERTY OWNER LLC. The most recent ACRIS deed transfer for this BBL was recorded on July 26, 2023 when the property was conveyed to 5 SPRING PROPERTY OWNER LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 5 SPRING STREET last sold?

The most recent ACRIS deed transfer for 5 SPRING STREET was recorded on July 26, 2023, when AVIV ASSOCIATES, LLC; NG23, LLC conveyed the property to 5 SPRING PROPERTY OWNER LLC for $10.00M. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 5 SPRING STREET have?

No open HPD housing-maintenance code violations are on record for 5 SPRING STREET as of May 18, 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 5 SPRING STREET?

NYC Department of Finance assesses 5 SPRING STREET at $2.12M 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 5 SPRING STREET and what does that mean?

5 SPRING STREET 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.

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