54 FRANKLIN STREET
54 FRANKLIN STREET is a Class D5 (elevator, large with stores) building in Manhattan (BBL 1001720030) built in 1892, with 12 residential units across 6 floors.
The building is in NYC community district 101, council district 1, zoning district C6-4A, on a 5,015-square-foot lot with a building footprint of 29,575 square feet.
The current registered owner of record per NYC PLUTO is 54-56 MANAGEMENT CORP.
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 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
HPD registered contacts
- Head OfficerANDREW PALERMO
- Corporate Owner54-56 MANAGEMENT CORP
- Managing AgentBUILDING EQUITY MANAGEMENT LLC
- Site ManagerSABRI MUSTAFIC
Most recent deed
Building stats
- Zoning:
- C6-4A
- Lot size:
- 5,015 sqft
- Building area:
- 29,575 sqft
- Floors:
- 6
- Assessed value:
- $3.2M
- Community district:
- 101
- Council district:
- 1
HPD violations
Recent HPD violation details
- Class IInspected Oct 1, 2015SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER…
- Class IInspected Feb 2, 2015SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER…
Frequently asked questions about 54 FRANKLIN STREET
Who owns 54 FRANKLIN STREET?
The current registered owner of record for 54 FRANKLIN STREET per NYC PLUTO is 54-56 MANAGEMENT CORP. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.
When was 54 FRANKLIN STREET last sold?
MetroDeeds shows no confirmed ACRIS deed transfer for 54 FRANKLIN STREET 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 54 FRANKLIN STREET have?
No open HPD housing-maintenance code violations are on record for 54 FRANKLIN 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 54 FRANKLIN STREET?
NYC Department of Finance assesses 54 FRANKLIN STREET at $3.18M 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 54 FRANKLIN STREET and what does that mean?
54 FRANKLIN STREET is NYC building class D5 — Elevator, large with stores. A large elevator apartment building with ground-floor commercial space. 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.