One active fire-safety violation sits on the record of this Bank Street pre-war.
The building has an open immediately hazardous violation for a defective staircase door. Aside from that, operations are stable under decades-long family ownership, but the surrounding blocks are busy. Four things to know:
One immediately hazardous violation has been open since May 2026. An inspector flagged the building for a defective self-closing door leading to staircase B. While it is the building's only open housing-code violation, self-closing doors are the primary defense against fire and smoke spreading. This safety issue remains unresolved on the books.
Heavy construction noise dominates the surrounding blocks. Within three blocks of the building, there were 170 noise complaints last year—and 90 of them were specifically for construction work happening before or after legal hours. Another 45 calls flagged heavy construction equipment. If you plan to sleep in, unit orientation is key.
Mechanical and air quality complaints have flared inside the building. With 35 general noise complaints on file, the most recent calls in July 2026 specifically flag ventilation and air conditioning equipment. Coupled with two indoor air quality complaints, there is a clear pattern of mechanical or commercial exhaust noise making its way into residential spaces.
The building has been held by the same family since at least 1994. The Kalimians have held this property for over three decades across different family trusts and entities, including a $17.7 million deed transfer in 2022 to Morad Kalimian and family trusts. Long-term family ownership typically brings more operational stability than a building that is repeatedly flipped by private equity.
Quieter signals on this building and the blocks around it:
123 Bank Street is a 49-unit building in Manhattan, New York City (BBL 1006350042). This building is associated with Kalimian, Elias Trustee. Brix tracks 1 open HPD violations for this property, along with inspection history, DOB filings, tenant complaints, and rent stabilization status.
Built in 1907, this elevator apartment building sits in Manhattan and is tracked by Brix using public NYC records from HPD, DOB, ACRIS, and 311.
Tenants have filed 72 HPD complaints about this building over the last five years, most often about water leak.
What tenants have called the city about here over the last five years:
The most recent complaint on this building was filed May 19, 2026.
Conditions cited on open violations at this address:
The building last changed hands on August 29, 2022 for $17,700,000, according to recorded deeds.
Brix rating: Concerning (58/100). View the Building Report on Brix.
See every NYC building owned by Kalimian, Elias Trustee on the landlord portfolio page.
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