604 recorded events, 1900–2026, from 19 city data systems. The city's paper trail here is mostly 187 ACRIS deeds & mortgages, 105 311 service requests, 88 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 92% 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 0.6. 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 | 4 total — 0 class C (immediately hazardous), 1 class B, 3 class A. Oldest open since 2018-09-12. |
status snapshot refreshed weekly from HPD records
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
19 service requests in the last three years. Most common: Missed Collection (7) · Encampment (3) · Noise (3) · PAINT/PLASTER (2) · Lost Property (1) · WATER LEAK (1).
$1,449,411 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 (1931) |
| Yes | Six or more residential units (99) |
| 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) | 14040 TENANTS CORP. |
| Head officer | CHARLES CORCORAN |
| Managing agent | MAXWELL-KATES INC |
| Last registered | 2025-09-11 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $15,047,000 | $6,771,150 |
| 2026 | $16,419,000 | $7,388,550 |
| 2027 | $18,331,000 | $8,248,950 |
The city's market estimate has risen 22% between tax years 2025 and 2027.
Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $2,978,108 a year ($51.10 per sq ft), operating expenses $1,112,565 ($19.09 per sq ft), net operating income $1,865,543. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | A — ENERGY STAR score 100/100 (2022 disclosure cycle) |
| Heating fuel | NO2FUEL |
| Facade (Local Law 11) | SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9) |
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.
1 street-flooding or sewer-backup complaints at this address since 2012 (0 in the last three years).
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 · 600 ft straight-line (about a 3-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Lexington Av / E 40 St — M101 M102 M103 · 250 ft |
| Citi Bike | E 39 St & Lexington Ave · 250 ft · station location as of 2026-09-23; live availability |
| 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.
140 East 40 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 |
| Anything else | Anything 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.
Managed by MAXWELL-KATES INC. — 196 buildings, 14,349 units. Grades across the portfolio: A182 · B9 · C2 · F1. See the whole portfolio
showing 60 of 196 buildings
Most recent mortgage recorded against this lot: $500,000 on 2023-03-03 (lender: TD Bank, N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-07-30 | RPTT&RET $532,000 — from LAM, DANIEL F; LAM, CATHERINE W to MCHENRY, SHAUNA; MCHENRY, TOBY | $532,000 | |
| 2025-07-24 | RPTT&RET $370,000 — from DONG, JIE to CAMPBELL, MARGARET; QUATTROCCHI, JULIANNA | $370,000 | |
| 2025-07-23 | Sold for $532,000 | $532,000 | $5,374 |
| 2025-07-23 | Sold for $370,000 | $370,000 | $3,737 |
| 2025-04-14 | RPTT&RET $370,000 — from HOHENSEE, RUBY to THOMAS JOHN BABBO, AS TRUSTEE; HEIDI LYNN BABBO, AS TRUSTEE; BABBO FAMILY TRUST, DATED MAR | $370,000 | |
| 2025-04-11 | Sold for $370,000 | $370,000 | $3,737 |
| 2025-01-09 | RPTT&RET $815,000 — from WADE, EMILY E to ADAMS, ELIZABETH | $815,000 | |
| 2025-01-07 | Sold for $815,000 | $815,000 | $8,232 |
| 2024-05-22 | RPTT&RET $515,500 — from TUNNO, WILLIAM to EVANS, GRACE; EVANS, ANN | $515,500 | |
| 2024-05-06 | Sold for $515,500 | $515,500 | $5,207 |
| 2024-03-22 | RPTT&RET $370,000 — from TZALL, DIANA J to SIMPLOT, THOMAS M; WADE, SCOT N | $370,000 | |
| 2024-03-18 | Sold for $370,000 | $370,000 | $3,737 |
| 2024-01-17 | RPTT&RET $375,000 — from BOLAND, THOMAS to RACIOPPI, CLAUDIA; FEDELE, PIERGIUSEPPE | $375,000 | |
| 2023-11-22 | RPTT $370,000 — from THE MAGNASTONE GROUP to HORN, MALLORY | $370,000 | |
| 2023-09-22 | Sold for $375,000 | $375,000 | $3,788 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 5 | 8 | 3 | 16 |
| 2018 | 0 | 1 | 10 | 16 | 4 | 31 |
| 2019 | 0 | 2 | 6 | 9 | 2 | 19 |
| 2020 | 0 | 2 | 6 | 1 | 3 | 12 |
| 2021 | 19 | 1 | 14 | 12 | 3 | 49 |
| 2022 | 12 | 3 | 12 | 10 | 1 | 38 |
| 2023 | 1 | 0 | 7 | 13 | 1 | 22 |
| 2024 | 0 | 1 | 15 | 7 | 2 | 25 |
| 2025 | 0 | 1 | 5 | 8 | 3 | 17 |
| 2026 | 3 | 0 | 6 | 0 | 1 | 10 |
Every one of the 604 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).
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