397 Third Avenue

397 Third Avenue in Gramercy, Manhattan, has 7 open HPD violations, 2 of them class C, and 29 of 108 units are rent-stabilized, as of Oct 26, 2026. StreetSpy grade: B (88/100).

Mixed residential & commercial · 108 units · Built 2021

StreetSpy grade: B (Good, 88/100)

How the grade works

Housing code violations (HPD)

7 open violations: 2 class C (immediately hazardous), 2 class B, 3 class A. 7 issued in the last 12 months. 7 on record. Oldest open violation issued 2025-12-03. Newest violation issued 2026-07-28.

HPD recorded no violation closed here in the last 12 months.

311 housing complaints

18 in the last 12 months, 19 in 5 years. Most common: Heat/Hot Water (14), Unsanitary Condition (2), Door/Window (1), Water Leak (1).

Bedbugs

The owner reported 0 infested units in the last 3 years of filings. HPD's bedbug filings are self-reported by the owner once a year; HPD does not inspect to confirm them.

Buildings department (DOB)

1 open DOB violation. 5 DOB violations on record. Check on DOB BIS.

Evictions and housing court

0 executed evictions in the last 3 years (0 on record). 0 open HPD cases; 0 harassment findings.

Rent stabilization

29 of 108 units rent-stabilized as of 2024. Stabilized renewals: 0% for one year and 0% for two years under RGB Order #58 (Oct 1, 2026 to Sep 30, 2027).

Owner and management

Owner: 299 3RD DEVELOPMENT, LLC. Head officer: SAMY MAHFAR. Managing agent: DOUGLAS ELLIMAN PROPERTY MANAGEMENT. This owner has 3 buildings on record, 0 graded D or F. See the full portfolio.

Last HPD registration Jul 16, 2026, valid through Sep 1, 2027.

Tax lot and city IDs

BBL 1009030057, HPD building ID 998897. HPD Online, ACRIS, DOB BIS.

Nearest subway

How the grade is calculated

FactorOn recordPoints
Open HPD violations7 open (2 class C, 2 class B, 3 class A)−4
311 housing complaints (12 mo)18−8
Bedbug reports (3 yr)None reported0
Executed evictions (3 yr)None0
Housing litigationNo open cases0
Open DOB violations1 open DOB violation0

Sources: NYC HPD Housing Maintenance Code Violations, NYC 311 Service Requests, NYC HPD Bedbug Reporting, NYC Marshal Evictions (DOI), NYC HPD Housing Litigations, NYC DOB Violations, NYC DOF tax bills (via JustFix Who Owns What portfolio API, v2), NYC HPD Property Registration. Methodology. Report generated 2026-10-28.