546 recorded events, 1974–2026, from 20 city data systems. The city's paper trail here is mostly 169 311 service requests, 103 ACRIS deeds & mortgages, 48 DOB permits.
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 58% 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 14.9. In ZIP 10016, 71% of residential buildings hold an A and 4% grade D or F. How grades work
Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 2 total — 1 class C (immediately hazardous), 0 class B, 1 class A. Oldest open since 2026-06-20. |
status snapshot refreshed weekly from HPD records
22 heat or hot-water complaints in the last three years (winter 2024–25: 8 · winter 2025–26: 14). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
$10,242 in enforcement penalties imposed (ECB/OATH) in the last three years.
60 service requests in the last three years. Most common: HEAT/HOT WATER (11) · Dirty Condition (10) · General Construction/Plumbing (7) · PLUMBING (4) · UNSANITARY CONDITION (3) · WATER LEAK (3).
$2,665,000 in permitted construction work filed since 2016 (14 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.
| Yes | Built before 1974 (1928) |
| Yes | Six or more residential units (81) |
| 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) | 38TH STREET PARTNERS LLC |
| Head officer | JOSHUA LANDAU |
| Managing agent | MD Squared Property Group |
| Last registered | 2025-08-31 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $15,015,000 | $6,756,750 |
| 2026 | $14,686,000 | $6,608,700 |
| 2027 | $14,762,000 | $6,642,900 |
The city's market estimate has fallen 2% between tax years 2025 and 2027.
| Energy grade (LL33) | D — ENERGY STAR score 48/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NO2FUEL |
| Facade (Local Law 11) | UNSAFE — unsafe conditions reported (cycle 9) |
| Restaurant | Cuisine | Grade | Notes |
|---|---|---|---|
| Lucid Cafe | Coffee/Tea | A | — |
Report to 311: Food poisoning · Food safety complaint
1 restaurant · 0 with mice evidence · See them on the Mice Map
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.
| Subway | Grand Central-42 St — 4 5 6 7 S · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Lexington Av / E 37 St — M101 M102 M103 · 300 ft |
| Citi Bike | E 39 St & Lexington Ave · 300 ft · station location as of 2026-09-23; live availability |
| Bike facility | Protected bike path mapped within 75 ft |
| School zones (2024–25 map) | Elementary: P.S. 116 Mary Lindley Murray Middle: J.H.S. 104 Simon Baruch. 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.
309 Lexington Avenue
| 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 |
60 311 service requests from this address in the last three years — 11 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 MD SQUARED PROPERTY GROUP — 110 buildings, 3,031 units. Grades across the portfolio: A80 · B21 · C6 · D2. See the whole portfolio
showing 60 of 110 buildings
Most recent mortgage recorded against this lot: $7,858,259 on 2024-09-11 (lender: Voya Investment Management LLC). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2024-09-11 | Mortgage $7,858,260 — from 38TH STREET PARTNERS LLC to VOYA INVESTMENT MANAGEMENT LLC | $7,858,260 | |
| 2024-09-11 | Agreement $23,500,000 — from 38TH STREET PARTNERS LLC to VOYA INVESTMENT MANAGEMENT LLC | $23,500,000 | |
| 2024-09-11 | AL&R $23,500,000 — from 38TH STREET PARTNERS LLC to VOYA INVESTMENT MANAGEMENT LLC | $23,500,000 | |
| 2023-04-25 | RPTT $3,500,000 — from SAFEHOLD INC to ISTAR INC. | $3,500,000 | |
| 2021-12-10 | Agreement $11,750,000 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $11,750,000 | |
| 2021-12-10 | AL&R $1,035,000 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $1,035,000 | |
| 2021-12-10 | Mortgage $1,035,000 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $1,035,000 | |
| 2021-12-10 | AL&R $3,715,000 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $3,715,000 | |
| 2021-12-10 | Mortgage $3,715,000 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $3,715,000 | |
| 2021-12-10 | AL&R $11,750,000 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $11,750,000 | |
| 2021-12-10 | Mortgage $3,748,885 — from 38TH STREET PARTNERS LLC to READYCAP COMMERCIAL, LLC | $3,748,885 | |
| 2021-12-01 | MLEA $16,000,000 — from 138 E 38TH STREET GROUND OWNER LLC to 38TH STREET PARTNERS LLC | $16,000,000 | |
| 2021-12-01 | Deed $32,750,000 — from TATHAM HOUSE, LLC to 138 E 38TH STREET GROUND OWNER LLC | $32,750,000 | |
| 2021-11-22 | Sold for $32,750,000 | $32,750,000 | $404,321 |
| 2013-02-01 | AL&R $8,200,000 — from TATHAM HOUSE, LLC to LINCOLN LIFE & ANNUITY COMPANY OF NEW YO | $8,200,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 2 | 5 | 0 | 1 | 8 |
| 2018 | 3 | 0 | 17 | 0 | 3 | 23 |
| 2019 | 0 | 2 | 18 | 0 | 1 | 21 |
| 2020 | 0 | 3 | 9 | 0 | 1 | 13 |
| 2021 | 0 | 3 | 14 | 12 | 1 | 30 |
| 2022 | 7 | 2 | 12 | 0 | 2 | 23 |
| 2023 | 4 | 0 | 10 | 12 | 1 | 27 |
| 2024 | 4 | 10 | 21 | 28 | 2 | 65 |
| 2025 | 2 | 5 | 33 | 0 | 4 | 44 |
| 2026 | 0 | 10 | 46 | 0 | 3 | 59 |
Every one of the 546 recorded events, 1974–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10016 · Landlord rankings · How grades work · The map · The Mice Map