682 recorded events, 2000–2026, from 19 city data systems. The city's paper trail here is mostly 285 311 service requests, 164 ACRIS deeds & mortgages, 75 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. More recorded distress than 50% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 3.7. In ZIP 10018, 62% of residential buildings hold an A and 8% grade D or F. How grades work
Among 4,677 100+-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.
66 heat or hot-water complaints in the last three years (winter 2023–24: 8 · winter 2024–25: 50 · winter 2025–26: 8). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
111 service requests in the last three years. Most common: HEAT/HOT WATER (33) · Encampment (29) · Noise (14) · Illegal Parking (9) · PLUMBING (5) · Street Sign (3).
$12,542,171 in permitted construction work filed since 2016 (29 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 (2015) |
| Yes | Six or more residential units (225) |
| Yes | 421-a / J-51 tax benefit on the current tax roll |
2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | HY 38 OWNER LLC |
| Head officer | TOM ELLIS |
| Managing agent | GREYSTAR |
| Last registered | 2025-07-14 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $10,436,086 | $4,696,239 |
| 2026 | $10,684,000 | $4,807,800 |
| 2027 | $10,802,086 | $4,860,939 |
The city's market estimate has risen 4% between tax years 2025 and 2027.
Tax exemptions on the roll: 421A 20 YR NO CAP · CHARITABLE
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $8,539,223 a year ($52.75 per sq ft), operating expenses $1,707,845 ($10.55 per sq ft), net operating income $6,831,378. 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 11/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
| Restaurant | Cuisine | Grade | Notes |
|---|---|---|---|
| Indienne / Elder / Apas Bar | Indian | Not yet graded | — |
| Legacy Records | Italian | A | — |
Report to 311: Food poisoning · Food safety complaint
2 restaurants · 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: Food Contains Foreign Object), shared by 2 restaurants · complaints filed by the public; DOHMH investigates, outcomes aren't published.
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 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 | 34 St-Hudson Yards — 7 · 950 ft straight-line (about a 5-minute walk) · station accessibility: full Times Sq-42 St — 1 2 3 7 A C E N Q R S W · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: 10 Av / W 37 St — M11 · 400 ft |
| Citi Bike | W 37 St & 10 Ave · 400 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 051 Elias Howe 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.
509 West 38 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 |
| Food poisoning | Food poisoning |
| Food safety complaint | Food safety complaint |
| Anything else | Anything else |
111 311 service requests from this address in the last three years — 33 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.
Managed by GREYSTAR — 19 buildings, 4,542 units. Grades across the portfolio: A17. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 54 Crown Street | BK | 569 | A |
| 20 Broad Street | MN | 533 | A |
| 770 8 Avenue | MN | 464 | A |
| 7 East 28 Street | MN | 404 | A |
| 420 East 54 Street | MN | 394 | A |
| 461 Dean Street | BK | 363 | A |
| 44-01 Northern Boulevard | QN | 354 | A |
| 180 Broome Street | MN | 263 | A |
| 509 West 38 Street | MN | 225 | A |
| 145 Clinton Street | MN | 211 | A |
| 125 Delancey Street | MN | 195 | A |
| 27-19 44 Drive | QN | 168 | A |
| 290 3 Avenue | MN | 166 | A |
| 225 West 28 Street | MN | 112 | A |
| 110 South 8 Street | BK | 66 | A |
| 62 South 2nd Street | BK | 29 | A |
| 309 Atlantic Avenue | BK | 26 | A |
| 1014520028 | — | — | |
| 1014520030 | — | — |
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-03-19 | Agreement $71,000,000 — from 515 W 38 HH, LLC to U.S. BANK, NATIONAL ASSOCIATION | $71,000,000 | |
| 2026-03-19 | Deed $129,000,000 — from HY 38-39 LIO LLC; HY 38 OWNER LLC to 515 W 38 HH, LLC | $129,000,000 | |
| 2026-03-19 | Agreement $71,000,000 — from 515 W 38 HH, LLC to U.S. BANK, NATIONAL ASSOCIATION | $71,000,000 | |
| 2026-03-19 | Deed $129,000,000 — from HY 38-39 LIO LLC; HY 38 OWNER LLC to 515 W 38 HH, LLC | $129,000,000 | |
| 2026-03-19 | Agreement $71,000,000 — from 515 W 38 HH, LLC to U.S. BANK, NATIONAL ASSOCIATION | $71,000,000 | |
| 2026-03-19 | Deed $129,000,000 — from HY 38-39 LIO LLC; HY 38 OWNER LLC to 515 W 38 HH, LLC | $129,000,000 | |
| 2026-02-27 | Sold for $129,000,000 | $129,000,000 | $573,333 |
| 2026-02-27 | Sold for $129,000,000 | $129,000,000 | $573,333 |
| 2026-02-27 | Sold for $129,000,000 | $129,000,000 | $573,333 |
| 2022-08-02 | AL&R $105,850,000 — from HY 38-39 LIO LLC; HY 38 OWNER LLC to METLIFE COMMERCIAL MORTGAGE ORIGINATOR, | $105,850,000 | |
| 2022-08-02 | Agreement $105,850,000 — from HY 38 OWNER LLC; HY 38-39 LIO LLC to METLIFE COMMERCIAL MORTGAGE ORIGINATOR, | $105,850,000 | |
| 2022-08-02 | AL&R $105,850,000 — from HY 38-39 LIO LLC; HY 38 OWNER LLC to METLIFE COMMERCIAL MORTGAGE ORIGINATOR, | $105,850,000 | |
| 2022-08-02 | Agreement $105,850,000 — from HY 38 OWNER LLC; HY 38-39 LIO LLC to METLIFE COMMERCIAL MORTGAGE ORIGINATOR, | $105,850,000 | |
| 2022-08-02 | AL&R $105,850,000 — from HY 38-39 LIO LLC; HY 38 OWNER LLC to METLIFE COMMERCIAL MORTGAGE ORIGINATOR, | $105,850,000 | |
| 2022-08-02 | Agreement $105,850,000 — from HY 38 OWNER LLC; HY 38-39 LIO LLC to METLIFE COMMERCIAL MORTGAGE ORIGINATOR, | $105,850,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 9 | 1 | 6 | 61 | 4 | 81 |
| 2018 | 1 | 0 | 26 | 0 | 2 | 29 |
| 2019 | 6 | 1 | 24 | 0 | 2 | 33 |
| 2020 | 2 | 0 | 36 | 12 | 1 | 51 |
| 2021 | 1 | 4 | 52 | 23 | 0 | 80 |
| 2022 | 18 | 5 | 41 | 38 | 1 | 103 |
| 2023 | 3 | 2 | 30 | 0 | 0 | 35 |
| 2024 | 0 | 0 | 79 | 6 | 3 | 88 |
| 2025 | 1 | 0 | 65 | 0 | 3 | 69 |
| 2026 | 0 | 0 | 18 | 30 | 2 | 50 |
Every one of the 682 recorded events, 2000–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10018 · Landlord rankings · How grades work · The map · The Mice Map