179 recorded events, 1983–2026, from 14 city data systems. The city's paper trail here is mostly 49 ACRIS deeds & mortgages, 48 HPD housing violations, 18 rodent inspections.
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 83% 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 2. In ZIP 10014, 69% of residential buildings hold an A and 5% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 43 total — 9 class C (immediately hazardous), 22 class B, 12 class A. Oldest open since 1985-11-26. |
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.
1 service requests in the last three years. Most common: Air Quality (1).
No permitted work with a declared cost filed in the last decade. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.
| Yes | Built before 1974 (1888) |
| Yes | Six or more residential units (20) |
| No | 421-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 owner(s) | 40 DOWNING STREET HDFC |
| Head officer | ROSA MASDEUPEREZ |
| Managing agent | CORNERSTONE MGMT SYSTEMS INC |
| Last registered | 2025-09-29 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $7,474,000 | $3,363,300 |
| 2026 | $2,937,000 | $1,321,650 |
| 2027 | $2,858,000 | $1,286,100 |
The city's market estimate has fallen 62% between tax years 2025 and 2027.
Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY
For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $1,314,071 a year ($35.66 per sq ft), operating expenses $421,933 ($11.45 per sq ft), net operating income $892,139. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | A — ENERGY STAR score 99/100 (2022 disclosure cycle) |
| Heating fuel | NO2FUEL |
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.
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 | Houston St — 1 · 300 ft straight-line (about a 2-minute walk) · station accessibility: none W 4 St-Wash Sq — A B C D E F M · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: West Houston St / Varick St — M21 · 250 ft |
| Citi Bike | King St & Varick St · 550 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 003 Charrette School 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 Downing 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 |
1 311 service request 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 CORNERSTONE MGMT SYSTEMS INC — 113 buildings, 1,524 units. Grades across the portfolio: A94 · B12 · C6. See the whole portfolio
showing 60 of 113 buildings
Most recent mortgage recorded against this lot: $1 on 1994-07-19 (lender: NYC Hpd), covering 3 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.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2004-09-28 | RPTT $50,000 — from 40 DOWNING STREET HOUSING DEVELOPMENT FU to BRAINE, PATRICK; DEMOURA, ELIETE S | $50,000 | |
| 2004-09-28 | RPTT $50,000 — from 40 DOWNING STREET HOUSING DEVELOPMENT FU to D'ANGELO, DAVID C; D''ANGELO-CIPRIANO, NINA | $50,000 | |
| 1989-03-02 | Mortgage $631,402 — from 196 WEST HOUSTON EQTS CP to FIRST AMERICAN BK NY | $631,402 | |
| 1988-03-02 | Mortgage $10,000 — from MARGIOTTA, CARMELA to CITY OF NEW YORK | $10,000 | |
| 1984-05-18 | Mortgage $196,300 — from HARMIL CORPORATION to CITY OF NEW YORK | $196,300 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 1 | 0 | 1 | 2 |
| 2018 | 0 | 2 | 0 | 3 | 5 |
| 2019 | 0 | 4 | 0 | 3 | 7 |
| 2020 | 0 | 3 | 0 | 1 | 4 |
| 2021 | 0 | 0 | 1 | 2 | 3 |
| 2022 | 0 | 8 | 0 | 5 | 13 |
| 2023 | 0 | 1 | 0 | 2 | 3 |
| 2024 | 1 | 1 | 0 | 2 | 4 |
| 2025 | 0 | 3 | 0 | 3 | 6 |
| 2026 | 0 | 1 | 0 | 0 | 1 |
Every one of the 179 recorded events, 1983–2026, is laid out year by year in the full report (print-ready).
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