1,474 recorded events, 1988–2026, from 17 city data systems. The city's paper trail here is mostly 892 ACRIS deeds & mortgages, 139 DOB permits, 135 311 service requests.
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 91% 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 0.7. In ZIP 10013, 70% 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
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.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
42 service requests in the last three years. Most common: Noise (6) · Consumer Complaint (5) · Sidewalk Condition (4) · Illegal Parking (4) · Illegal Dumping (3) · Vendor Enforcement (3).
$7,312,566 in permitted construction work filed since 2016 (37 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 (41) |
| 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) | 40 MERCER STREET CONDOMINIUM |
| Head officer | TERRANCE BORG |
| Managing agent | BROWN HARRIS STEVENS |
| Last registered | 2025-09-17 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $708,310 | $318,740 |
| 2026 | $2,197,260 | $988,767 |
| 2027 | $1,236,164 | $556,274 |
The city's market estimate has risen 75% between tax years 2025 and 2027.
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2021 estimate: gross income $6,643,322 a year ($56.63 per sq ft), operating expenses $1,661,124 ($14.16 per sq ft), net operating income $4,982,198. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | D — ENERGY STAR score 5/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
| Facade (Local Law 11) | SAFE (cycle 10) |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 4 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
2 street-flooding or sewer-backup complaints at this address since 2013 (0 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.
| Subway | Canal St — 6 J N Q R W Z · 650 ft straight-line (about a 3-minute walk) · station accessibility: partial |
| Bus | Nearest boarding stop: Broadway / Grand St — M55 · 250 ft |
| Citi Bike | Grand St & Greene St · 450 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 130 Hernando De Soto Middle: M.S. 297. 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 Mercer 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 |
42 311 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 BROWN HARRIS STEVENS — 160 buildings, 9,488 units. Grades across the portfolio: A156 · B1 · C1. See the whole portfolio
showing 60 of 160 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-07-09 | Deed $13,250,000 — from LAZANDRA, LLC to ROKOS, CHRISTOPHER | $13,250,000 | |
| 2026-07-01 | Sold for $13,250,000 | $13,250,000 | $323,171 |
| 2026-06-12 | Mortgage $3,375,000 — from THIESSEN, HAROLD; OH, SE OK to MORGAN STANLEY PRIVATE BANK, NATIONAL AS; MERS | $3,375,000 | |
| 2026-06-12 | Deed $4,500,000 — from BEVERLY MERCER LLC to OH, SE OK; THIESSEN, HAROLD | $4,500,000 | |
| 2026-05-29 | Sold for $4,500,000 | $4,500,000 | $109,756 |
| 2025-08-12 | Mortgage $1,085,877 — from TNYC PROPERTY HOLDINGS LLC to USC 40 MERCER LLC | $1,085,877 | |
| 2025-08-12 | Mortgage $1,085,877 — from TNYC PROPERTY HOLDINGS LLC to USC 40 MERCER LLC | $1,085,877 | |
| 2025-08-12 | AL&R $5,000,000 — from TNYC PROPERTY HOLDINGS LLC to USC 40 MERCER LLC | $5,000,000 | |
| 2025-08-12 | Agreement $5,000,000 — from TNYC PROPERTY HOLDINGS LLC to USC 40 MERCER LLC | $5,000,000 | |
| 2025-08-12 | Agreement $2,000,000 — from TNYC HOLDINGS LLC; TNYC PROPERTY HOLDINGS LLC to TAMARES REAL ESTATE HOLDINGS, INC. | $2,000,000 | |
| 2025-08-12 | Agreement $2,000,000 — from TNYC HOLDINGS LLC; TNYC PROPERTY HOLDINGS LLC to TAMARES REAL ESTATE HOLDINGS, INC. | $2,000,000 | |
| 2025-08-12 | AL&R $5,000,000 — from TNYC PROPERTY HOLDINGS LLC to USC 40 MERCER LLC | $5,000,000 | |
| 2025-08-12 | Agreement $5,000,000 — from TNYC PROPERTY HOLDINGS LLC to USC 40 MERCER LLC | $5,000,000 | |
| 2024-11-25 | Deed $17,245,000 — from 40 MERCER RETAIL HOLDINGS, LLC to SOHO RETAIL PORTFOLIO 465 BROADWAY LLC | $17,245,000 | |
| 2024-11-25 | Deed $17,245,000 — from 40 MERCER RETAIL HOLDINGS, LLC to SOHO RETAIL PORTFOLIO 465 BROADWAY LLC | $17,245,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 3 | 3 | 4 | 5 | 6 | 21 |
| 2018 | 6 | 7 | 15 | 16 | 5 | 49 |
| 2019 | 5 | 1 | 8 | 3 | 5 | 22 |
| 2020 | 3 | 0 | 7 | 8 | 3 | 21 |
| 2021 | 0 | 2 | 13 | 16 | 3 | 34 |
| 2022 | 2 | 0 | 7 | 17 | 4 | 30 |
| 2023 | 6 | 1 | 5 | 25 | 4 | 41 |
| 2024 | 20 | 1 | 15 | 25 | 7 | 68 |
| 2025 | 19 | 0 | 18 | 40 | 4 | 81 |
| 2026 | 7 | 0 | 11 | 7 | 0 | 25 |
Every one of the 1,474 recorded events, 1988–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10013 · Landlord rankings · How grades work · The map · The Mice Map