1,658 recorded events, 1983–2026, from 16 city data systems. The city's paper trail here is mostly 1,249 ACRIS deeds & mortgages, 140 DOB permits, 85 DOB job filings.
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 96% 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 0.1. In ZIP 10065, 78% of residential buildings hold an A and 3% grade D or F. How grades work
Among 17,252 25-99-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.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
9 service requests in the last three years. Most common: Illegal Parking (4) · ELEVATOR (1) · Noise (1) · For Hire Vehicle Complaint (1) · Sewer (1) · Street Condition (1).
$3,091,225 in permitted construction work filed since 2016 (30 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 (36) |
| 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) | 40 EAST SIXTY FIRST CONDOMINIUM |
| Head officer | OLIVIER REZA |
| 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 | $0 | $0 |
| 2026 | $0 | $0 |
| 2027 | $370,773 | $166,848 |
Tax exemptions on the roll: COLD WAR VETERAN - DISABILITY · HOSPITAL STAFF HSG
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $3,679,269 a year ($46.96 per sq ft), operating expenses $1,030,289 ($13.15 per sq ft), net operating income $2,648,980. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | D — ENERGY STAR score 20/100, posted at the entrance by law (2022 disclosure cycle) |
| Facade (Local Law 11) | SAFE (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.
11 street-flooding or sewer-backup complaints at this address since 2011 (1 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 | 5 Av/59 St — N R W · 700 ft straight-line (about a 3-minute walk) · station accessibility: none 59 St — 4 5 6 N R W · 750 ft straight-line (about a 4-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Madison Av / E 61 St — M1 M2 · 250 ft |
| Citi Bike | E 61 St & Madison Ave · 200 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: East Side Elementary School, PS 267 Middle: J.H.S. 167 Robert F. Wagner. 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.
40 East 61 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 |
9 311 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
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-10-08 | Mortgage $1,200,000 — from SADHWANI, RANJU; SADHWANI, HARERAM to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS | $1,200,000 | |
| 2025-07-24 | Deed $2,940,225 — from PARK 715NY INC. to 455 WEST 20TH STREET, LLC | $2,940,225 | |
| 2025-07-10 | Sold for $2,940,225 | $2,940,225 | $81,673 |
| 2025-07-10 | Sold for $2,940,225 | $2,940,225 | $81,673 |
| 2024-08-13 | AL&R $8,800,000 — from EMS 38 E 61 LLC to SAFRA NATIONAL BANK OF NEW YORK | $8,800,000 | |
| 2024-08-13 | Agreement $8,800,000 — from EMS 38 E 61 LLC to SAFRA NATIONAL BANK OF NEW YORK | $8,800,000 | |
| 2024-08-13 | Deed $9,139,838 — from 38 EAST 61ST STREET LLC to EMS 38 E 61 LLC | $9,139,838 | |
| 2024-08-09 | Sold for $9,139,838 | $9,139,838 | $253,884 |
| 2024-02-08 | Deed $1,500,000 — from DANESI, ALFREDO; MAIONE, PAOLA to DOLCE VITA REAL ESTATE INC. | $1,500,000 | |
| 2024-01-02 | Deed $4,000,000 — from LCM PARTNERS LLC to AER HOLDING CORP. | $4,000,000 | |
| 2024-01-02 | Deed $4,000,000 — from LCM PARTNERS LLC to AER HOLDING CORP. | $4,000,000 | |
| 2023-12-19 | Sold for $4,000,000 | $4,000,000 | $111,111 |
| 2023-12-19 | Sold for $4,000,000 | $4,000,000 | $111,111 |
| 2023-09-18 | Sold for $1,500,000 | $1,500,000 | $41,667 |
| 2023-09-18 | Deed $1,485,000 — from TEXAS DEVELOPMENT INDUSTRIES CORPORATION to SHIV SHANKER LLC | $1,485,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 17 | 3 | 1 | 12 | 14 | 47 |
| 2018 | 2 | 8 | 5 | 16 | 7 | 38 |
| 2019 | 6 | 5 | 5 | 15 | 5 | 36 |
| 2020 | 5 | 2 | 5 | 2 | 1 | 15 |
| 2021 | 4 | 4 | 5 | 19 | 1 | 33 |
| 2022 | 5 | 0 | 3 | 7 | 2 | 17 |
| 2023 | 10 | 0 | 2 | 11 | 1 | 24 |
| 2024 | 23 | 0 | 4 | 19 | 1 | 47 |
| 2025 | 5 | 0 | 5 | 8 | 0 | 18 |
| 2026 | 0 | 0 | 3 | 38 | 0 | 41 |
Every one of the 1,658 recorded events, 1983–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10065 · Landlord rankings · How grades work · The map · The Mice Map