Is 621 Water St rent stabilized?
621 Water St is a registered NYC rent-stabilized building in Lower East Side, Manhattan (10002). It has about 124 apartments, built in 1898.
Also written as 621 Water Street — or 621 Water St, Manhattan, NY 10002.
How this building compares
With about 124 apartments it is larger than 97% of the 322 rent-stabilized buildings this site tracks in Lower East Side. Its 1898 construction date sits close to the 1910 median for stabilized buildings tracked in the neighborhood. HPD lists 155 open violations here, about 1.2 per apartment — above the one for every 2 apartments median for tracked buildings in the neighborhood. Of the 499 violations on record at the address, 177 are class C — HPD's immediately hazardous grade, and 82 of them are still open. HPD issued 64 new violations at the address in the last twelve months.
Building details
| Borough | Manhattan |
| Neighborhood | Lower East Side |
| ZIP | 10002 |
| Year built | 1898 |
| Apartments | 124 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING B, ROOMING HOUSE, J-51 |
| BBL | 1002440040 |
Owner & management
| Owner | Gouverneur Court Housing Development Fund Corp 1 State Street #1015 · New York, NY 10004 |
| Managing agent | Community Access |
Building conditions
| HPD violations | 155 open / 499 total · 64 in last 12 mo |
| HPD complaints | 11 open / 1270 total |
| HPD registration last filed | March 13, 2026 |
Full building report — $9
Frequently asked questions
Is 621 Water St rent stabilized?
621 Water St in Lower East Side, Manhattan is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization codes are MULTIPLE DWELLING B, ROOMING HOUSE and J-51. 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 621 Water St?
621 Water St (BBL 1002440040) has about 124 residential apartments and was built in 1898, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.