Is 587 1st Ave rent stabilized?
587 1st Ave is a registered NYC rent-stabilized building in Murray Hill-Kips Bay, Manhattan (10016). It has about 6 apartments, built in 1930.
Also written as 587 1st Avenue — or 587 1st Ave, Manhattan, NY 10016.
How this building compares
With about 6 apartments it is smaller than 91% of the 346 rent-stabilized buildings this site tracks in Murray Hill-Kips Bay. Its 1930 construction date sits close to the 1920 median for stabilized buildings tracked in the neighborhood. HPD lists 3 open violations here, about 0.5 per apartment — above the one for every 9 apartments median for tracked buildings in the neighborhood. Of the 21 violations on record at the address, 8 are class C — HPD's immediately hazardous grade. Tenants have filed 36 HPD complaints at the address, none of them in the last twelve months.
Building details
| Borough | Manhattan |
| Neighborhood | Murray Hill-Kips Bay |
| ZIP | 10016 |
| Year built | 1930 |
| Apartments | 6 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 1009390034 |
Owner & management
| Owner | FIRST 34 REALTY LLC 214-05 39TH AVENUE · Bayside, NY 11361 |
| Managing agent | MCP PROPERTY MANAGEMENT LLC |
Building conditions
| HPD violations | 3 open / 21 total |
| HPD complaints | 0 open / 36 total |
| HPD registration last filed | July 3, 2025 |
Full building report — $9
Frequently asked questions
Is 587 1st Ave rent stabilized?
587 1st Ave in Murray Hill-Kips Bay, Manhattan is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 587 1st Ave?
587 1st Ave (BBL 1009390034) has about 6 residential apartments and was built in 1930, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized, and the DHCR files this site is built on register the building rather than its individual apartments.
Other rent-stabilized buildings in Murray Hill-Kips Bay
See all in Murray Hill-Kips Bay →