Is 261 1st Ave rent stabilized?
261 1st Ave is a registered NYC rent-stabilized building in Gramercy, Manhattan (10003). It has about 8 apartments, built in 1910.
Also written as 261 1st Avenue — or 261 1st Ave, Manhattan, NY 10003.
How this building compares
With about 8 apartments it is smaller than 78% of the 252 rent-stabilized buildings this site tracks in Gramercy. Its 1910 construction date sits close to the 1910 median for stabilized buildings tracked in the neighborhood. HPD lists 12 open violations here, about 1.5 per apartment — above the one for every 6 apartments median for tracked buildings in the neighborhood. Of the 15 violations on record at the address, 5 are class C — HPD's immediately hazardous grade. Tenants have filed 68 HPD complaints at the address, 10 of them in the last twelve months.
Building details
| Borough | Manhattan |
| Neighborhood | Gramercy |
| ZIP | 10003 |
| Year built | 1910 |
| Apartments | 8 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING B |
| BBL | 1009220020 |
Owner & management
| Owner | FIRST AVENUE.EQUITIES LLC 253-11 80TH AVENUE · GLEN OAKS, NY 11004 |
| Managing agent | THOMAS MASTRANGELO |
Building conditions
| HPD violations | 12 open / 15 total · 3 in last 12 mo |
| HPD complaints | 0 open / 68 total |
| HPD registration last filed | August 21, 2025 |