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432 West 38 Street

597Records
16City systems
13Open violations
16Penalty rate
Manhattan · ZIP 10018 · Neighborhood: Chelsea-Hudson Yards
Open in the map

597 recorded events, 1975–2026, from 16 city data systems. The city's paper trail here is mostly 217 311 service requests, 159 HPD complaints, 60 HPD housing violations.

BoroughManhattan 10018
Built1920
Floors5
Res. units8
ClassC7
Owner (PLUTO)ANDROMEDA REALTY LLC
BBL1007350057
BIN1012978

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 16. In ZIP 10018, 62% of residential buildings hold an A and 8% 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

Open HPD violations13 total — 5 class C (immediately hazardous), 8 class B, 0 class A. Oldest open since 2008-11-26.

status snapshot refreshed weekly from HPD records

Patterns

4 heat or hot-water complaints in the last three years (winter 2024–25: 4).

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

What 311 hears from this address

48 service requests in the last three years. Most common: Noise (21) · Illegal Parking (8) · WATER LEAK (6) · Encampment (4) · Obstruction (2) · HEAT/HOT WATER (2).

Filed construction activity

$13,300 in permitted construction work filed since 2016 (2 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 (1920)
YesSix or more residential units (8)
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)ANDROMEDA REALTY
Head officerMEHMET A CAPIN
Managing agentSOLAR REALTY MANAGEMENT CORP
Last registered2025-07-21

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$4,751,000 $2,137,950
2026$3,801,000 $1,710,450
2027$3,266,000 $1,469,700

The city's market estimate has fallen 31% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Flood exposure

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.

Getting around

Subway34 St-Hudson Yards — 7 · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full
Times Sq-42 St — 1 2 3 7 A C E N Q R S W · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full
BusNearest boarding stop: 10 Av / W 37 St — M11 · 400 ft
Citi BikeW 37 St & 10 Ave · 500 ft · station location as of 2026-09-23; live availability
Bike facilityProtected bike path mapped within 75 ft
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.

Report a problem to 311

432 West 38 Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

48 311 service requests from this address in the last three years — 2 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 SOLAR REALTY MANAGEMENT CORP — 28 buildings, 481 units. Grades across the portfolio: A4 · B6 · C11 · D4 · F3. See the whole portfolio

BuildingBoroughUnitsGrade
560 Isham Street MN48 C
4396 Furman Avenue BX45 B
371 Wadsworth Avenue MN41 C
1387 Jesup Avenue BX34 C
137 Nagle Avenue MN26 B
742 St Nicholas Avenue MN25 B
516 West 134 Street MN23 D
448 West 55 Street MN20 C
451 West 36 Street MN20 A
350 East 91 Street MN20 C
541 West 142 Street MN19 D
410 West 36 Street MN18 B
1809 Amsterdam Avenue MN15 D
331 East 109 Street MN13 B
325 East 109 Street MN10 A
454 West 57 Street MN10 C
351 West 51 Street MN10 C
200 West 119 Street MN9 C
61 Audubon Avenue MN9 F
316 West 51 Street MN9 A
926 Amsterdam Avenue MN9 F
159 Chrystie Street MN8 C
155 Chrystie Street MN8 C
432 West 38 Street MN8 A
327 East 109 Street MN8 B
1228 Southern Boulevard BX6 F
157 Chrystie Street MN6 C
38-14 104 Street QN4 D

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $169,710 on 2011-04-04 (lender: Capital One, N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2016-11-15AL&R $3,325,000 — from ANDROMEDA REALTY LLC to SIGNATURE BANK $3,325,000
2016-11-15M&CON $3,325,000 — from ANDROMEDA REALTY LLC to SIGNATURE BANK $3,325,000
2011-04-04Mortgage $169,710 — from ANDROMEDA REALTY LLC to CAPITAL ONE, N.A. $169,710
2011-04-04Agreement $1,237,500 — from ANDROMEDA REALTY LLC to CAPITAL ONE, N.A. $1,237,500
2011-04-04AL&R $1,237,500 — from ANDROMEDA REALTY LLC to CAPITAL ONE, N.A. $1,237,500
2005-03-01Mortgage $417,153 — from ANDROMEDIA REALTY LLC to INDEPENDENCE COMMUNITY BANK $417,153
2005-03-01Agreement $1,150,000 — from ANDROMEDIA REALTY LLC to INDEPENDENCE COMMUNITY BANK $1,150,000
2003-10-17Mortgage $750,000 — from ANDROMEDA REALTY LLC to THE ROSLYN SAVINGS BANK $750,000
1987-05-06Mortgage $275,000 — from 432 W 38 DVLPMNT CORP to AMALGAMATED BK NY $275,000

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
103
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700250328
201820270231
201900260228
2020006017
2021213017
202200170118
20230110101103
202400122418
202507240132
202600230225
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The full timeline

Construction 49Enforcement 51Housing & tenants 447Ownership & money 29Health & systems 21

Every one of the 597 recorded events, 1975–2026, 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