2,772 recorded events, 2001–2026, from 17 city data systems. The city's paper trail here is mostly 2,196 ACRIS deeds & mortgages, 282 311 service requests, 56 DOB job filings.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 74% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 4.7. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work
Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 5 total — 2 class C (immediately hazardous), 2 class B, 1 class A. Oldest open since 2022-09-23. |
status snapshot refreshed weekly from HPD records
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
$4,375 in enforcement penalties imposed (ECB/OATH) in the last three years.
91 service requests in the last three years. Most common: For Hire Vehicle Complaint (18) · Illegal Parking (14) · Blocked Driveway (8) · Encampment (8) · Illegal Dumping (6) · Noise (5).
$79,850 in permitted construction work filed since 2016 (7 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.
| No | Built before 1974 (2005) |
| Yes | Six or more residential units (55) |
| No | 421-a / J-51 tax benefit on the current tax roll |
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | YANG TZE RIVER REALTY CORP. |
| Head officer | LAICHUNG YAM |
| Managing agent | HSC MANAGEMENT CORP. |
| Last registered | 2024-09-12 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $354,576 | $159,559 |
| 2026 | $0 | $0 |
| 2027 | $358,291 | $161,231 |
The city's market estimate has risen 1% between tax years 2025 and 2027.
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $3,917,392 a year ($67.12 per sq ft), operating expenses $1,030,125 ($17.65 per sq ft), net operating income $2,887,267. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Facade (Local Law 11) | SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9) |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Not in a hurricane evacuation zone.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
No street-flooding or sewer-backup complaints on record at this address.
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Bowery — J Z · 500 ft straight-line (about a 2-minute walk) · station accessibility: none Grand St — B D · 850 ft straight-line (about a 4-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Allen St / Delancey St — B39 M15 · 400 ft |
| Citi Bike | Delancey St & Eldridge St · 250 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: Elementary schools in this district are not zoned. 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.
40 Delancey Street
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Anything else | Anything else |
91 311 service requests from this address in the last three years.
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.
Managed by HSC MANAGEMENT CORP. — 117 buildings, 2,929 units. Grades across the portfolio: A72 · B24 · C18 · D2. See the whole portfolio
showing 60 of 117 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-06-11 | Deed $1,685,000 — from HAMPTON LAKESHORE, LLC to DESIREE DESTEFANO REVOCABLE TRUST; DESIREE DESTEFANO, AS TRUSTEE; DESTEFANO, JULIUS WILLIA | $1,685,000 | |
| 2026-05-26 | Sold for $1,685,000 | $1,685,000 | $30,636 |
| 2026-04-22 | Mortgage $750,000 — from YAM, JESSICA to MERS | $750,000 | |
| 2026-03-06 | Deed $1,120,000 — from KALTREIDER, JAMES to OZTURK, DANIZ | $1,120,000 | |
| 2026-02-25 | Sold for $1,120,000 | $1,120,000 | $20,364 |
| 2025-11-19 | Deed $1,080,000 — from MIGLIORI, FRANCESCA to 38-8C DELANCEY, LLC | $1,080,000 | |
| 2025-11-14 | Deed $1,775,000 — from 38 DELANCEY REALTY, LLC to DESERT DIAMOND, LLC | $1,775,000 | |
| 2025-11-11 | Sold for $1,080,000 | $1,080,000 | $19,636 |
| 2025-11-11 | Sold for $1,080,000 | $1,080,000 | $19,636 |
| 2025-11-05 | Sold for $1,775,000 | $1,775,000 | $32,273 |
| 2025-11-05 | Sold for $1,775,000 | $1,775,000 | $32,273 |
| 2024-10-03 | Deed $1,755,000 — from EFECAN LLC to 28TH AVE, LLC | $1,755,000 | |
| 2024-09-04 | Sold for $1,755,000 | $1,755,000 | $31,909 |
| 2023-09-26 | Deed $1,323,725 — from 38 DELANCEY REALTY, LLC to JASBIR HAYRE, TRUSTEE; LAKHBIR HAYRE, TRUSTEE; HAYRE FAMILY REVOCABLE TRUST | $1,323,725 | |
| 2023-09-20 | Sold for $1,323,725 | $1,323,725 | $24,068 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 4 | 2 | 13 | 10 | 14 | 43 |
| 2018 | 4 | 0 | 14 | 0 | 5 | 23 |
| 2019 | 3 | 5 | 35 | 2 | 4 | 49 |
| 2020 | 3 | 3 | 20 | 86 | 1 | 113 |
| 2021 | 4 | 5 | 26 | 10 | 2 | 47 |
| 2022 | 3 | 1 | 25 | 7 | 1 | 37 |
| 2023 | 5 | 12 | 25 | 30 | 4 | 76 |
| 2024 | 4 | 6 | 40 | 6 | 3 | 59 |
| 2025 | 7 | 1 | 21 | 18 | 2 | 49 |
| 2026 | 6 | 1 | 23 | 8 | 2 | 40 |
Every one of the 2,772 recorded events, 2001–2026, 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