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42 Market Street

555Records
19City systems
0Open violations
15.8Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Chinatown-Two Bridges
Open in the map

555 recorded events, 1970–2026, from 19 city data systems. The city's paper trail here is mostly 181 311 service requests, 62 rodent inspections, 59 HPD complaints.

BoroughManhattan 10002
Built1910
Floors5
Res. units18
ClassC7
Owner (PLUTO)40/42 MARKET STREET ASSOCIATES LLC
BBL1002740038
BIN1083406, 1083407

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. More recorded distress than 50% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 15.8. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

Patterns

26 heat or hot-water complaints in the last three years (winter 2023–24: 8 · winter 2024–25: 16). Repeated winter clusters suggest a chronic heating problem.

8
’23–24
16
’24–25

No bedbug-infested units reported in the last three years of filings.

What 311 hears from this address

65 service requests in the last three years. Most common: Noise (14) · HEAT/HOT WATER (13) · Sewer (9) · Sidewalk Condition (5) · Street Condition (4) · Encampment (3).

Filed construction activity

$2,415,165 in permitted construction work filed since 2016 (43 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1910)
YesSix or more residential units (18)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)40/42 MARKET STREET ASSOCIATES LLC
Head officerROBERT A COHEN
Managing agentRA COHEN & ASSOCIATES, INC.
Last registered2025-07-11

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,556,000 $700,200
2026$1,765,000 $794,250
2027$1,803,000 $811,350

The city's market estimate has risen 16% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Restaurants in this building

RestaurantCuisineGradeNotes
Banh BY LaurenBakery Products/DessertsA—

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 0 with mice evidence · See them on the Mice Map

1 Food Establishment complaint to 311 at this address in the last three years (most often: Plumbing) · complaints filed by the public; DOHMH investigates, outcomes aren't published.

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 6 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

9 street-flooding or sewer-backup complaints at this address since 2025 (9 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayEast Broadway — F · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: none
Grand St — B D · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none
BusNearest boarding stop: Madison St / Market St — M15 M22 · under 50 ft
Citi BikeMarket St & Henry St · 350 ft · station location as of 2026-09-23; live availability
Bike facilityPainted bike lane mapped within 75 ft
School zones (2024–25 map)Elementary: P.S. 002 Meyer London
Middle: M.S. 131. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

42 Market Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Food poisoningFood poisoning
Food safety complaintFood safety complaint
Anything elseAnything else

65 311 service requests from this address in the last three years — 13 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by RA COHEN & ASSOCIATES, INC. — 47 buildings, 1,384 units. Grades across the portfolio: A35 · B6 · C4 · D2. See the whole portfolio

BuildingBoroughUnitsGrade
230 Riverside Drive MN259 A
2041 Holland Avenue BX172 D
56 Bennett Avenue MN78 A
1610 Mahan Avenue BX54 C
739 West 186 Street MN51 A
637 9 Avenue MN50 A
136 Hicks Street BK46 A
308 West 133rd Street MN46 A
151 Norfolk Street MN35 B
309 East 5 Street MN34 A
42 Grove Street MN33 A
10 Morton Street MN32 A
1291 3 Avenue MN30 A
319 East 95 Street MN30 B
353 West 44 Street MN28 A
325 West 93 Street MN28 B
16 Jane Street MN28 A
313 East 95 Street MN28 A
85 Worth Street MN25 A
2475 Palisade Avenue BX24 B
207 West 10 Street MN24 A
57 Greene Street MN23 A
247 Broome Street MN20 B
146 West 28 Street MN18 A
42 Market Street MN18 A
75 West 71 Street MN16 A
75 Leonard Street MN16 A
86 2 Avenue MN15 A
120 East 73 Street MN12 B
195A Washington Park BK10 A
60 Clark Street BK10 A
62 Clark Street BK10 A
66 Clark Street BK10 A
40 Market Street MN8 C
221 East 58 Street MN8 A
63 Bedford Street MN8 A
64 Clark Street BK8 A
445 Avenue of the Americas MN7 A
109 West 10 Street MN6 A
252 West 10 Street MN5 A
53 Greene Street MN5 A
46 Warren Street MN4 C
42 Bond Street MN4 A
116 2 Avenue MN4 D
105 West 10 Street MN2 A
101 West 10 Street MN1 C
103 West 10 Street MN1 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $6,950,000 on 2016-04-22 (lender: The Bridgehampton National Bank), covering 2 lots — the amount covers all of them. Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-07-12M&CON $8,000,000 — from 40/42 MARKET STREET ASSOCIATES LLC to DIME COMMUNITY BANK; THE BRIDGEHAMPTON NATIONAL BANK; BNB BANK $8,000,000
2022-07-12AL&R $8,000,000 — from 40/42 MARKET STREET ASSOCIATES LLC to DIME COMMUNITY BANK $8,000,000
2016-04-22AL&R $6,950,000 — from 40/42 MARKET STREET ASSOCIATES LLC to THE BRIDGEHAMPTON NATIONAL BANK $6,950,000
2016-04-22Mortgage $6,950,000 — from 40/42 MARKET STREET ASSOCIATES LLC to THE BRIDGEHAMPTON NATIONAL BANK $6,950,000
2016-04-22Deed $4,600,000 — from 42 MARKET DISTRIBUTION LLC; 42 MARKET STREET, LLC to 40/42 MARKET STREET ASSOCIATES LLC $4,600,000
2016-03-24Sold for $4,600,000 $4,600,000 $255,556

Ten-year activity

100500
2017
2018
2019
65
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017210100334
20187090420
201960702336
20202421180265
202145340649
2022523131152
2023132330452
202431290841
202501340742
202600120517
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The full timeline

Construction 100Enforcement 50Housing & tenants 303Ownership & money 16Health & systems 86

Every one of the 555 recorded events, 1970–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10002 · Landlord rankings · How grades work · The map · The Mice Map