Hello Thealfa,
Based on the coin vent in the second photo plus the pipe size you have hydronic heating with manual venting.
(Gravity systems will have the same or similar vent, but larger pipes arranged differently at the units. Steam yours is not.)
If your hydronic radiators are working fine and heating evenly, no immediate maintenance to the radiators is needed. Radiators are pretty benign.
If one is heating poorly, noisy, gurgling, banging or heating at a diagonal, you will have to purge air. Write back if that is the case.
You could also dust in the sections with a radiator brush or feather duster for best air transfer.
The System Should Be Inspected:
Boilers need periodic attention in order to work safely and efficiently.
As Snoonby mentioned, it would be wise to get a hydronic person to inspect your system and clean between the boiler sections as needed. Plus the person should adjust the burners, inspect the flue and test the safeties and automatic fill, plus expansion tank and air removal device(s).
Be sure to use a hydronic specialist, not a general heating-cooling company. General heating and cooling people usually are quite expert at forced air, but not hydronic nor gravity water and certainly not at steam systems.
Next research and consider chemical treatments to protect the system. You'll want oxygen scavengers and corrosion inhibitors. Sodium Molybdate and Sodium Nitrite (not nitrate) are a good one-two-combination to protect your system. Ask the hydronic specialist who checks your system for advise.
Important-
Periodically test the relief valve. It's wise to do every 6 months or so- winter and summer. The specialist will show you how. (2 minute job)
Paul
PS: Why the boiler drain is on the radiator can only be guessed at. Is it the lowest one in the building? If so, that might be for winterizing the system. (All I can think of.) Just because it is there, don't drain and flush a hydronic system. New water is the very last thing you want in your system.
The levers are ball valves or balancing cocks. They are to adjust flow, thus heat, to those radiators.