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340 East 51 Street

673Records
20City systems
1Open violations
6.8Penalty rate
Manhattan · ZIP 10022 · Neighborhood: East Midtown-Turtle Bay
Open in the map

673 recorded events, 1900–2026, from 20 city data systems. The city's paper trail here is mostly 233 311 service requests, 86 DOB job filings, 85 DOB permits.

BoroughManhattan 10022
Built1965
Floors14
Res. units115
ClassD6
Owner (PLUTO)SP 340 E 51 OWNER LLC
BBL1013430036
BIN1039620

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 60% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 6.8. In ZIP 10022, 72% of residential buildings hold an A and 6% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations1 total — 0 class C (immediately hazardous), 0 class B, 1 class A. Oldest open since 2025-08-22.

status snapshot refreshed weekly from HPD records

Patterns

30 heat or hot-water complaints in the last three years (winter 2025–26: 14 · winter 2026–27: 2). Repeated winter clusters suggest a chronic heating problem.

14
’25–26
2
’26–27

1 bedbug-infested unit(s) reported in filings over the last three years.

What 311 hears from this address

86 service requests in the last three years. Most common: Noise (16) · HEAT/HOT WATER (15) · Indoor Air Quality (10) · Street Condition (9) · PLUMBING (7) · UNSANITARY CONDITION (5).

Filed construction activity

$4,787,898 in permitted construction work filed since 2016 (50 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 (1965)
YesSix or more residential units (115)
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)SP 340 E 51 OWNER LLC
Head officerRICHARD COHEN
Managing agentSTONEHENGE MANAGEMENT LLC
Last registered2025-08-04

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$25,783,000 $11,602,350
2026$29,390,000 $13,225,500
2027$32,232,000 $14,504,400

The city's market estimate has risen 25% between tax years 2025 and 2027.

Building systems

Heating fuelNO2FUEL
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

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

Hurricane evacuation zone 6 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

Subway51 St — 6 E F · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: full
Grand Central-42 St — 4 5 6 7 S · 0.5 mi straight-line (about a 13-minute walk) · station accessibility: full
BusNearest boarding stop: 1 Av / Mitchell Pl — M15 M15-SBS · 450 ft · Select Bus Service
Citi BikeE 51 St & 1 Ave · 250 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 059 Beekman Hill International
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.

Report a problem to 311

340 East 51 Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

86 311 service requests from this address in the last three years — 15 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.

The landlord's report card

Managed by STONEHENGE MANAGEMENT LLC — 29 buildings, 3,697 units. Grades across the portfolio: A23 · B6. See the whole portfolio

BuildingBoroughUnitsGrade
235 West 48 Street MN477 A
23-01 42 Road QN391 A
1026 1 Avenue MN259 A
408 East 92 Street MN196 A
210 West 70 Street MN185 B
1749 1 Avenue MN163 A
555 Avenue of the Americas MN163 A
1199 1 Avenue MN159 A
165 East 66th St MN151 A
210 West 89 Street MN150 A
400 East 58 Street MN126 B
141 East 33 Street MN120 A
10 Downing Street MN115 A
340 East 51 Street MN115 B
41 Park Avenue MN113 A
1080 Amsterdam Avenue MN96 A
20 Park Avenue MN96 A
1143 2 Avenue MN93 A
772 Greenwich Street MN90 A
330 East 63 Street MN90 A
920 Park Avenue MN66 A
112 9 Avenue MN64 A
103 West 14 Street MN55 A
245 Park Avenue South MN55 A
167 East 82 Street MN40 A
235 East 27 Street MN20 B
172 Rivington Street MN20 A
237 Henry Street MN20 B
239 Henry Street MN9 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $22,162,500 on 2025-01-08 (lender: Areeif Lender LLC). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2025-01-08Agreement $43,500,000 — from SP 340 E 51 OWNER LLC to AREEIF LENDER LLC $43,500,000
2025-01-08AL&R $43,500,000 — from SP 340 E 51 OWNER LLC to AREEIF LENDER LLC $43,500,000
2025-01-08Mortgage $22,162,500 — from SP 340 E 51 OWNER LLC to AREEIF LENDER LLC $22,162,500
2020-02-27M&CON $23,612,500 — from SP 340 E 51 OWNER LLC to HEITMAN CREDIT ACQUISITION VII, LLC $23,612,500
2020-02-27AL&R $23,612,500 — from SP 340 E 51 OWNER LLC to HEITMAN CREDIT ACQUISITION VII, LLC $23,612,500
2020-02-27Deed $66,248,000 — from 340 EAST 51 OWNERS CO., L.P.; 340 EAST 51 OWNERS CO., L.P. to SP 340 E 51 OWNER LLC; SP 340 E 51 OWNER LLC $66,248,000
2020-02-27Deed $66,248,000 — from 340 EAST 51 OWNERS CO., L.P.; 340 EAST 51 OWNERS CO., L.P. to SP 340 E 51 OWNER LLC; SP 340 E 51 OWNER LLC $66,248,000
2020-02-20Sold for $66,248,000 $66,248,000 $576,070
2015-09-10Mortgage $8,018,000 — from 340 EAST 51 OWNERS CO., L.P. to M&T REALTY CAPITAL CORPORATION $8,018,000
2012-06-04Mortgage $3,200,000 — from 340 EAST 51 OWNERS CO., L.P. to M&T REALTY CAPITAL CORPORATION $3,200,000
2009-12-01Mortgage $11,000,000 — from LONDON PLACE LLC; 340 EAST 51 OWNERS CO., LP to M & T REALTY CAPITAL CORPORATION $11,000,000

Ten-year activity

100500
2017
2018
2019
2020
2021
2022
2023
2024
2025
90
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017133018
20180690318
201905100520
2020286168361
2021171220242
2022292310567
202370190935
20240170614
202563487367
202612860190
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The full timeline

Construction 177Enforcement 99Housing & tenants 325Ownership & money 25Health & systems 47

Every one of the 673 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10022 · Landlord rankings · How grades work · The map · The Mice Map