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40 Arden Street

2,835Records
18City systems
94Open violations
170.5Penalty rate
Manhattan · ZIP 10040 · Neighborhood: Washington Heights (North)
Open in the map

2,835 recorded events, 1967–2026, from 18 city data systems. The city's paper trail here is mostly 1,064 311 service requests, 973 HPD complaints, 565 HPD housing violations.

BoroughManhattan 10040
Built1926
Floors5
Res. units69
ClassC1
Owner (PLUTO)LEAGEM PARTNERS LLC
BBL1021740166
BIN1064196

Full record, year by year   Support this site

GRADE C

A meaningful record of code violations or complaints relative to its peers. More recorded distress than 88% 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 170.5. In ZIP 10040, 38% of residential buildings hold an A and 9% grade D or F. How grades work

this building
A
B
C

Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations94 total — 31 class C (immediately hazardous), 51 class B, 12 class A. Oldest open since 2014-01-06.

status snapshot refreshed weekly from HPD records

Patterns

113 heat or hot-water complaints in the last three years (winter 2023–24: 20 · winter 2024–25: 34 · winter 2025–26: 41). Repeated winter clusters suggest a chronic heating problem.

20
’23–24
34
’24–25
41
’25–26

No bedbug-infested units reported in the last three years of filings.

$12,500 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

425 service requests in the last three years. Most common: Noise (81) · Illegal Animal Kept as Pet (57) · HEAT/HOT WATER (54) · UNSANITARY CONDITION (37) · Animal (33) · Illegal Parking (26).

Filed construction activity

$1,554,500 in permitted construction work filed since 2016 (15 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 (1926)
YesSix or more residential units (69)
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)Leagem Partners LLC
Head officerNicolas Loizou
Managing agentNewmark
Last registered2025-12-24

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$3,634,000 $1,635,300
2026$4,246,000 $1,910,700
2027$4,656,000 $2,095,200

The city's market estimate has risen 28% between tax years 2025 and 2027.

Building systems

Energy grade (LL33)D — ENERGY STAR score 30/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNATURALGAS

Flood exposure

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

Hurricane evacuation zone 4 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

SubwayDyckman St — 1 · 800 ft straight-line (about a 4-minute walk) · station accessibility: full
Dyckman St — A · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
BusNearest boarding stop: Dyckman St / Sherman Av — M100 BxM1 · 650 ft
Citi BikeSherman Ave & Thayer St · 400 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 152 Dyckman Valley
Middle: Middle School 322. 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

40 Arden 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

425 311 service requests from this address in the last three years — 54 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 NEWMARK GROUP INC. — 18 buildings, 506 units. Grades across the portfolio: A5 · B6 · C7. See the whole portfolio

BuildingBoroughUnitsGrade
40 Arden Street MN69 C
119-20 Union Turnpike QN58 B
65 Seaman Avenue MN46 C
290 West 12 Street MN44 A
209 East 25 Street MN44 B
144 Sherman Avenue MN41 C
1357 Flatbush Avenue BK36 A
326 East 35 Street MN30 C
3450 Broadway MN24 C
120 East 102 Street MN20 C
120 Christopher Street MN19 B
118 Christopher Street MN18 A
1835 Amsterdam Avenue MN13 A
233 East 29 Street MN11 B
329 East 58 Street MN10 B
420 East 9 Street MN9 B
95 Legion Street BK8 C
257 Bleecker Street MN6 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $9,505,807 on 2020-08-11 (lender: New York Community Bank), covering 4 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.

DateRecordAmountPer res. unit
2020-08-11Agreement $48,955,000 — from LEAGEM PARTNERS LLC to NEW YORK COMMUNITY BANK $48,955,000
2020-08-11Mortgage $9,505,807 — from LEAGEM PARTNERS LLC to NEW YORK COMMUNITY BANK $9,505,807
2017-11-22Deed $16,000,000 — from AGABABIAN, DONALD; AGLI REALTY LLC to LEAGEM PARTNERS LLC $16,000,000
2017-11-22Agreement $36,000,000 — from LEAGEM PARTNERS LLC to PEOPLE'S UNITED BANK NATIONAL ASSOCIATIO $36,000,000
2017-11-22AL&R $3,800,000 — from LEAGEM PARTNERS LLC to PEOPLE'S UNITED BANK NATIONAL ASSOCIATIO $3,800,000
2017-11-22AL&R $36,000,000 — from LEAGEM PARTNERS LLC to PEOPLE'S UNITED BANK NATIONAL ASSOCIATIO $36,000,000
2017-11-22Mortgage $3,800,000 — from LEAGEM PARTNERS LLC to PEOPLES UNITED BANK NATIONAL ASSOCIATION $3,800,000
2017-11-22Mortgage $20,192,246 — from LEAGEM PARTNERS LLC to PEOPLE'S UNITED BANK NATIONAL ASSOCIATIO $20,192,246
2017-11-09Sold for $16,000,000 $16,000,000 $231,884
2017-06-27Agreement $5,750,000 — from AGLI REALTY LLC to JPMORGAN CHASE BANK, N.A. $5,750,000
2017-06-27Mortgage $2,956,492 — from AGLI REALTY LLC to JPMORGAN CHASE BANK, N.A. $2,956,492
2007-06-28AL&R $3,000,000 — from AGLI REALTY, LLC to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS $3,000,000
2007-06-28Mortgage $3,000,000 — from AGLI REALTY, LLC to MORTGAGE ELECTRONIC REGISTRATION SYSTEMS $3,000,000
2002-07-16Mortgage $1,500,000 — from AGABABIAN, LILY; MISSIRLIAN, LILY to INDEPENDENCE COMMUNITY BANK $1,500,000
1984-02-23Mortgage $116,865 — from AHABABIAN, LILY to CITY OF NEW YORK $116,865

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
449
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017405114372
201828511203148
2019878904108
202020546163
20210122303227
20220238803393
2023029603101
20240144404449
202501029804312
20260015301154
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The full timeline

Construction 54Enforcement 40Housing & tenants 2,657Ownership & money 44Health & systems 40

Every one of the 2,835 recorded events, 1967–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10040 · Landlord rankings · How grades work · The map · The Mice Map