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242 West 16 Street

503Records
15City systems
26Open violations
1.3Penalty rate
Manhattan · ZIP 10011 · Neighborhood: Chelsea-Hudson Yards
Open in the map

503 recorded events, 1900–2026, from 15 city data systems. The city's paper trail here is mostly 225 311 service requests, 45 ACRIS deeds & mortgages, 43 HPD complaints.

BoroughManhattan 10011
Built1910
Floors6
Res. units33
ClassC7
Owner (PLUTO)WEST 16TH REALTY
BBL1007650065
BIN1013788, 1084983

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. Less recorded distress than 87% 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 1.3. In ZIP 10011, 68% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
B
C

Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations26 total — 1 class C (immediately hazardous), 7 class B, 18 class A. Oldest open since 1988-04-27.

status snapshot refreshed weekly from HPD records

Patterns

No heat or hot-water complaints in the last three years.

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

What 311 hears from this address

19 service requests in the last three years. Most common: Noise (8) · Illegal Parking (1) · For Hire Vehicle Complaint (1) · Food Establishment (1) · Rodent (1) · WATER LEAK (1).

Filed construction activity

$106,520 in permitted construction work filed since 2016 (4 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 (1910)
YesSix or more residential units (33)
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)WEST 16TH REALTY LLC
Head officerJOHN ILIBASSI
Managing agentDAVID CHEN
Last registered2026-07-15

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,122,000 $504,900
2026$6,257,000 $2,815,650
2027$6,645,000 $2,990,250

The city's market estimate has risen 492% between tax years 2025 and 2027.

Building systems

Heating fuelNO2FUEL

Restaurants in this building

RestaurantCuisineGradeNotes
The Grey DogAmericanA—

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 0 with mice evidence · See them on the Mice Map

1 food-poisoning report to 311 at this address in the last three years (0 with three or more people sick)
1 Food Establishment complaint to 311 at this address in the last three years (most often: Rodents/Insects/Garbage) · complaints filed by the public; DOHMH investigates, outcomes aren't published.

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

Subway14 St — A C E L · 250 ft straight-line (about a 1-minute walk) · station accessibility: full
14 St — 1 2 3 F L M · 700 ft straight-line (about a 3-minute walk) · station accessibility: full
BusNearest boarding stop: 8 Av / W 14 St — M20 · 450 ft
Citi Bike8 Ave & W 16 St · 300 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 011: The Sarah J. Garnet Elementary 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.

Report a problem to 311

242 West 16 Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Food poisoningFood poisoning
Food safety complaintFood safety complaint
Anything elseAnything else

19 311 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.

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $85,226 on 2022-12-30 (lender: JPMorgan Chase Bank NA). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-12-30Agreement $3,325,000 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK NA $3,325,000
2022-12-30Mortgage $85,227 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK NA $85,227
2016-04-11Mortgage $835,216 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK, N.A. $835,216
2016-04-11Agreement $3,500,000 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK, N.A. $3,500,000
2016-04-11Mortgage $3,500,000 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK, N.A. $3,500,000
2012-01-09Agreement $2,900,000 — from JPMORGAN CHASE BANK, N.A. to WEST 16TH REALTY LLC $2,900,000
2012-01-09Mortgage $2,900,000 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK, N.A. $2,900,000
2012-01-09Mortgage $152,274 — from WEST 16TH REALTY LLC to JPMORGAN CHASE BANK, N.A. $152,274
2009-02-25Mortgage $1,850,577 — from WEST 16TH REALTY LLC to WASHINGTON MUTUAL BANK $1,850,577
2009-02-25Mortgage $2,900,000 — from WEST 16TH REALTY LLC to WASHINGTON MUTUAL BANK $2,900,000
2009-02-25Agreement $2,900,000 — from WEST 16TH REALTY LLC to WASHINGTON MUTUAL BANK $2,900,000
1999-08-11Mortgage $308,956 — from WEST 16TH REALTY LLC to DIME SAVINGS BANK OFNEW YORK $308,956
1989-03-15Mortgage $46,543 — from REINHARD, H LAURENCEIII to BANKERS FDRL SVGS FSB $46,543
1987-10-05Mortgage $925,010 — from 242 W 16 ST ASSOCS to BANKERS FEDERAL SAVINGS $925,010
1987-10-05Mortgage $26,256 — from BANKERS FEDERAL SVGS to 242 W 16 ST ASSOCS $26,256

Ten-year activity

50250
2017
2018
2019
2020
2021
41
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017002035
201861280237
20190380314
202000340539
202100140216
2022018202141
202304190427
20242070615
202500140115
2026003025
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The full timeline

Construction 57Enforcement 43Housing & tenants 317Ownership & money 45Health & systems 41

Every one of the 503 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10011 · Landlord rankings · How grades work · The map · The Mice Map