607 recorded events, 1970–2026, from 15 city data systems. The city's paper trail here is mostly 238 HPD complaints, 189 311 service requests, 64 ACRIS deeds & mortgages.
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 81% 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 2.8. In ZIP 10036, 62% of residential buildings hold an A and 6% grade D or F. How grades work
Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more
No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.
2 heat or hot-water complaints in the last three years (winter 2024–25: 2).
1 bedbug-infested unit(s) reported in filings over the last three years.
$1,250 in enforcement penalties imposed (ECB/OATH) in the last three years.
3 service requests in the last three years. Most common: HEAT/HOT WATER (1) · Illegal Parking (1) · Abandoned Bike (1).
$94,000 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.
| Yes | Built before 1974 (1920) |
| Yes | Six or more residential units (20) |
| 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) | Dalavai Holdings LLC |
| Head officer | Lisa P Dalavai |
| Managing agent | Metropolitan Property Services, Inc. |
| Last registered | 2025-12-02 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $2,580,000 | $1,161,000 |
| 2026 | $3,346,000 | $1,505,700 |
| 2027 | $3,750,000 | $1,687,500 |
The city's market estimate has risen 45% between tax years 2025 and 2027.
| Heating fuel | NATURALGAS |
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 | 50 St — C E · 1,000 ft straight-line (about a 5-minute walk) · station accessibility: partial (Downtown only) 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 |
| Bus | Nearest boarding stop: W 49 St / 9 Av — M50 · 400 ft |
| Citi Bike | W 47 St & 9 Ave · 300 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.
406 West 48 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 |
3 311 service requests from this address in the last three years — 1 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 METROPOLITAN PROPERTY SERVICES INC — 62 buildings, 3,032 units. Grades across the portfolio: A15 · B29 · C11 · D4 · F3. See the whole portfolio
showing 60 of 62 buildings
Most recent mortgage recorded against this lot: $3,779,541 on 2023-03-01 (lender: Webster Bank, National Association), covering 2 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.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-05-02 | Deed $7,000,000 — from 406 WEST 48 REALTY LLC to DALAVAI HOLDINGS LLC | $7,000,000 | |
| 2025-05-02 | Agreement $3,850,000 — from DALAVAI HOLDINGS LLC to ARBOR COMMERCIAL FUNDING I, LLC | $3,850,000 | |
| 2025-04-25 | Sold for $7,000,000 | $7,000,000 | $350,000 |
| 2023-03-01 | AL&R $9,400,000 — from 316 WEST 51 REALTY LLC; 406 WEST 48 REALTY LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $9,400,000 | |
| 2023-03-01 | Agreement $9,400,000 — from 406 WEST 48 REALTY LLC; 316 WEST 51 REALTY LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $9,400,000 | |
| 2023-03-01 | Mortgage $3,779,541 — from 406 WEST 48 REALTY LLC; 316 WEST 51 REALTY LLC to WEBSTER BANK, NATIONAL ASSOCIATION | $3,779,541 | |
| 2022-07-19 | Agreement $17,917,420 — from 406 WEST 48 REALTY LLC; 410 WEST 48 REALTY LLC; 410 WEST 48 REALTY LLC; 447 WEST 47 REALTY to LOWENBERG, TERRENCE; COHEN, TODD; SIGNATURE BANK; COHEN, TODD; LOWENBERG, TER | $17,917,420 | |
| 2020-06-12 | Agreement $18,200,000 — from 316 WEST 51 REALTY LLC; 447 WEST 47 REALTY LLC; 410 WEST 48 REALTY LLC; 406 WEST 48 REALTY to SIGNATURE BANK | $18,200,000 | |
| 2020-06-12 | Deed $5,758,704 — from 406 W. 48TH LLC to 406 WEST 48 REALTY LLC | $5,758,704 | |
| 2020-06-12 | AL&R $18,200,000 — from 447 WEST 47 REALTY LLC; 410 WEST 48 REALTY LLC; 316 WEST 51 REALTY LLC; 406 WEST 48 REALTY to SIGNATURE BANK | $18,200,000 | |
| 2020-06-12 | Mortgage $6,894,983 — from 447 WEST 47 REALTY LLC; 316 WEST 51 REALTY LLC; 406 WEST 48 REALTY LLC; 410 WEST 48 REALTY to SIGNATURE BANK | $6,894,983 | |
| 2020-05-29 | Sold for $5,758,704 | $5,758,704 | $287,935 |
| 2019-02-19 | Agreement $2,700,000 — from 406 W. 48TH LLC to JPMORGAN CHASE BANK NA | $2,700,000 | |
| 2019-02-19 | Mortgage $109,572 — from 406 W. 48TH LLC to JPMORGAN CHASE BANK NA | $109,572 | |
| 2015-06-24 | Mortgage $256,339 — from 406 W. 48TH LLC to JPMORGAN CHASE BANK, N.A. | $256,339 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 31 | 0 | 2 | 33 |
| 2018 | 4 | 0 | 39 | 0 | 3 | 46 |
| 2019 | 3 | 0 | 14 | 3 | 2 | 22 |
| 2020 | 0 | 1 | 11 | 6 | 1 | 19 |
| 2021 | 0 | 0 | 6 | 0 | 2 | 8 |
| 2022 | 0 | 1 | 5 | 1 | 3 | 10 |
| 2023 | 0 | 0 | 4 | 5 | 2 | 11 |
| 2024 | 0 | 0 | 3 | 2 | 2 | 7 |
| 2025 | 0 | 3 | 3 | 6 | 2 | 14 |
| 2026 | 0 | 0 | 1 | 0 | 1 | 2 |
Every one of the 607 recorded events, 1970–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10036 · Landlord rankings · How grades work · The map · The Mice Map