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NYC Building Records · BBL 2025500072

587 EAST 137 STREET

Bronx · Block 2550 · Lot 72 · Walk-up, over six families (Class C1)

587 EAST 137 STREET is a Class C1 (walk-up, over six families) building in Bronx (BBL 2025500072) built in 1915, with 10 residential units across 4 floors.

The building is in NYC community district 201, council district 8, zoning district R6, on a 2,742-square-foot lot with a building footprint of 8,213 square feet.

The current registered owner of record per NYC PLUTO is 137 CAPITAL LLC.

The most recent ACRIS deed transfer for this BBL was recorded on February 18, 2025 when ALBERT DEL GIGANTE; THE ESTATE OFF ANNA MARIE DEL GIGANTE conveyed the property to 137 CAPITAL LLC for $1.40M. The transaction was financed with a $2.06M mortgage from Broadview Capitalllc.

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

137 CAPITAL LLC
HPD-registered head officer: Simcha Ludmir

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerSimcha Ludmir
  • Corporate Owner137 Capital LLC
  • Managing AgentRedstone Realty NYC
  • Site ManagerCharles Rothstein

Most recent deed

Last transferred on Feb 18, 2025 for $1.4M to 137 CAPITAL LLC.
Previous owner: ALBERT DEL GIGANTE; THE ESTATE OFF ANNA MARIE DEL GIGANTE
Mortgage: $2.1M recorded Feb 18, 2025 with Broadview Capitalllc. Loan-to-value: 147%.
🔒 See all transfers before the 2025 sale →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Feb 18, 2025DEED$1.4MParties redacted — full names in MetroDeeds Scout+
Feb 18, 2025MTGE$1.1MParties redacted — full names in MetroDeeds Scout+
Feb 18, 2025MTGE$2.1MParties redacted — full names in MetroDeeds Scout+
Aug 16, 2023DEEDONot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 4 redacted buyer/seller names above →

Building stats

Units
10
Year built
1915
Class
C1
Borough
Bronx
Zoning:
R6
Lot size:
2,742 sqft
Building area:
8,213 sqft
Floors:
4
Assessed value:
$633K
Community district:
201
Council district:
8

HPD violations

0 open
Most severe class on record: Class B
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected Jun 5, 2025
    (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 IInspected Nov 22, 2024
    §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…
  • Class IInspected Nov 16, 2023
    §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…
  • Class AInspected Mar 16, 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 IInspected Nov 3, 2022
    §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…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

4 documents in the last 5 years (most recent Feb 18, 2025).

Frequently asked questions about 587 EAST 137 STREET

Who owns 587 EAST 137 STREET?

The current registered owner of record for 587 EAST 137 STREET per NYC PLUTO is 137 CAPITAL LLC. The most recent ACRIS deed transfer for this BBL was recorded on February 18, 2025 when the property was conveyed to 137 CAPITAL 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 587 EAST 137 STREET last sold?

The most recent ACRIS deed transfer for 587 EAST 137 STREET was recorded on February 18, 2025, when ALBERT DEL GIGANTE; THE ESTATE OFF ANNA MARIE DEL GIGANTE conveyed the property to 137 CAPITAL LLC for $1.40M. The transaction was financed with a $2.06M mortgage from Broadview Capitalllc.

How many HPD violations does 587 EAST 137 STREET have?

No open HPD housing-maintenance code violations are on record for 587 EAST 137 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 587 EAST 137 STREET?

NYC Department of Finance assesses 587 EAST 137 STREET at $633K 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 587 EAST 137 STREET and what does that mean?

587 EAST 137 STREET is NYC building class C1 — Walk-up, over six families. A 3-to-6-story walk-up apartment building with more than 6 residential units. 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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