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40 West 38 Street

197Records
14City systems
0Open violations
—Penalty rate
Manhattan · ZIP 10018 · Neighborhood: Midtown-Times Square
Open in the map

197 recorded events, 1968–2026, from 14 city data systems. The city's paper trail here is mostly 63 311 service requests, 30 ACRIS deeds & mortgages, 24 DOB violations.

BoroughManhattan 10018
Built1930
Floors6
Res. units0
ClassO5
Owner (PLUTO)SARCO REALTY LLC
BBL1008390069
BIN1015980

Full record, year by year   Support this site

Patterns

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

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

$10,000 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

22 service requests in the last three years. Most common: Obstruction (6) · Street Condition (4) · Noise (3) · Special Projects Inspection Team (SPIT) (2) · Food Establishment (2) · Building/Use (1).

Filed construction activity

$69,690 in permitted construction work filed since 2016 (3 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.

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$2,788,000 $1,254,600
2026$2,745,000 $1,235,250
2027$2,474,000 $1,113,300

The city's market estimate has fallen 11% between tax years 2025 and 2027.

Building systems

Heating fuelNO2FUEL

Restaurants in this building

RestaurantCuisineGradeNotes
Cocina Del SurLatin AmericanB—

Report to 311: Food poisoning · Food safety complaint

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

2 Food Establishment complaints to 311 at this address in the last three years (most often: Letter Grading) · complaints filed by the public; DOHMH investigates, outcomes aren't published.

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

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

Subway42 St-Bryant Pk — 7 B D F M · 650 ft straight-line (about a 3-minute walk) · station accessibility: none
34 St-Herald Sq — B D F M N Q R W · 750 ft straight-line (about a 4-minute walk) · station accessibility: full
BusNearest boarding stop: 6 Av / W 38 St — M5 M7 M55 · 450 ft
Citi BikeW 37 St & 5 Ave · 550 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.

Report a problem to 311

40 West 38 Street

Rats or miceRats or mice
Food poisoningFood poisoning
Food safety complaintFood safety complaint
Anything elseAnything else

22 311 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: $1,341,438 on 2021-08-26 (lender: Dime Community Bank), 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.

DateRecordAmountPer res. unit
2021-08-26Mortgage $1,341,438 — from REGENT 33RD REALTY CORP; FILCO REALTY LLC; SARCO REALTY LLC to DIME COMMUNITY BANK $1,341,438
2021-08-26AL&R $37,500,000 — from FILCO REALTY LLC; SARCO REALTY LLC; REGENT 33RD REALTY CORP to DIME COMMUNITY BANK $37,500,000
2021-08-26Agreement $37,000,000 — from REGENT 33RD REALTY CORP; SARCO REALTY LLC; FILCO REALTY LLC to DIME COMMUNITY BANK $37,000,000
2019-06-27Agreement $40,000,000 — from BANK LEUMI USA to SARCO REALTY LLC; FILCO REALTY LLC; REGENT 33RD REALTY CORP. $40,000,000
2016-07-15Deed $15,350,000 — from SECOND ASSOCIATES, LLC. to REGENT 33RD REALTY CORP. $15,350,000
2016-07-15M&CON $40,000,000 — from REGENT 33RD REALTY CORP; REGENT 33RD REALTY CORP to BANK LEUMI USA; BANK LEUMI, USA $40,000,000
2016-07-15M&CON $40,000,000 — from REGENT 33RD REALTY CORP; REGENT 33RD REALTY CORP to BANK LEUMI USA; BANK LEUMI, USA $40,000,000
2016-07-15AL&R $40,000,000 — from REGENT 33RD REALTY CORP; REGENT 33RD REALTY CORP to BANK LEUMI USA; BANK LEUMI, USA $40,000,000
2016-07-15AL&R $40,000,000 — from REGENT 33RD REALTY CORP; REGENT 33RD REALTY CORP to BANK LEUMI USA; BANK LEUMI, USA $40,000,000
2016-07-07Sold for $15,350,000 $15,350,000 $2,192,857
2013-02-25Agreement $1,800,000 — from SECOND ASSOCIATES, LLC to SOVEREIGN BANK, N.A.; INDEPENDENCE COMMUNITY BANK; SOVEREIGN BANK $1,800,000
2013-02-25Mortgage $808,908 — from SECOND ASSOCIATES, LLC to SOVEREIGN BANK, N.A. $808,908
2004-07-28Mortgage $1,250,000 — from SECOND ASSOCIATES LLC to INDEPENDENCE COMMUNITY BANK $1,250,000
1985-06-05Mortgage $1,100,000 — from 3840 ASSOCIATES to BOWERY SAVINGS BANK $1,100,000

Ten-year activity

50250
2017
2018
2019
2020
2021
2022
2023
23
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017022015
2018034018
2019010326
2020023016
20210136010
2022000000
20230460111
202446110223
2025016029
2026002046
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The full timeline

Construction 35Enforcement 49Housing & tenants 63Ownership & money 32Health & systems 18

Every one of the 197 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).

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