67 recorded events, 1995–2026, from 7 city data systems. The city's paper trail here is mostly 30 311 service requests, 23 ACRIS deeds & mortgages, 6 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. More recorded distress than 80% of 1-5-unit residential buildings citywide. The citywide median for 1-5-unit residential buildings is 0 penalty points per 10 units; this building carries 3.5. In ZIP 11232, 65% of residential buildings hold an A and 8% grade D or F. How grades work
Among 699,345 1-5-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 2023–24: 2).
No bedbug-infested units reported in the last three years of filings.
11 service requests in the last three years. Most common: Damaged Tree (2) · Lead (2) · Drinking Water (2) · Noise (2) · HEAT/HOT WATER (1) · UNSANITARY CONDITION (1).
No permitted work with a declared cost filed in the last decade. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.
| Yes | Built before 1974 (1910) |
| No | Six or more residential units (4) |
| No | 421-a / J-51 tax benefit on the current tax roll |
1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 731 40TH STREET LLC |
| Head officer | JOHN CIFERNI |
| Managing agent | TRUE MANAGEMENT |
| Last registered | 2025-10-07 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $664,000 | $298,800 |
| 2026 | $797,000 | $358,650 |
| 2027 | $956,000 | $430,200 |
The city's market estimate has risen 44% between tax years 2025 and 2027.
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 | 9 Av — D · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 39 St / 7 Av — B35 B70 · 250 ft |
| Citi Bike | 7 Ave & 40 St · 350 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 024. 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.
731 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 |
11 311 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 TRUE MANAGEMENT — 154 buildings, 691 units. Grades across the portfolio: A78 · B33 · C19 · D21 · F2. See the whole portfolio
showing 60 of 154 buildings
Most recent mortgage recorded against this lot: $15,084 on 2025-04-29 (lender: TD Bank, N.A.) (recorded via MERS). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-04-29 | Mortgage $15,084 — from 731 40TH STREET LLC to MERS; TD BANK, N.A. | $15,084 | |
| 2023-11-28 | Deed $1,530,000 — from DAISY AND BUDAY LLC to 731 40TH STREET LLC | $1,530,000 | |
| 2023-11-28 | Mortgage $1,146,000 — from 731 40TH STREET LLC to MERS | $1,146,000 | |
| 2023-11-21 | Sold for $1,530,000 | $1,530,000 | $382,500 |
| 2017-01-24 | Deed $1,640,000 — from CAVICCHIO, BEN to BUDAY, ZBIGNIEW Z | $1,640,000 | |
| 2017-01-12 | Sold for $1,640,000 | $1,640,000 | $410,000 |
| 2007-03-08 | Mortgage $297,700 — from CAVICCHIO, BEN to NATIONAL CITY BANK | $297,700 | |
| 2005-01-27 | Mortgage $110,000 — from CAVICCHIO, BENJAMIN to FLEET NATIONAL BANK | $110,000 | |
| 2003-08-29 | Mortgage $474,400 — from CAVICCHIO, BEN to HSBC MORTGAGE CORPORATION (USA) | $474,400 | |
| 2003-08-29 | Deed $499,500 — from SALIMENI, ANTHONY; SALIMENI, CARLO to CAVICCHIO, BEN | $499,500 | |
| 1999-02-12 | Mortgage $156,000 — from SALIMENI, CARLO to BRUCHA MORTGAGE BANKERS CORP. | $156,000 | |
| 1996-08-19 | Mortgage $20,000 — from SALIMENI, CARLO; SALIMENI, ANTHONY to MARINELLO, BERNADETTE; CAMBERLANGO, ANTOINETTE | $20,000 | |
| 1995-09-18 | Mortgage $95,000 — from SALIMENI, ANTHONY; SALIMENI, CARLO to SPINA, LOUIS | $95,000 |
| Year | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|
| 2017 | 2 | 4 | 1 | 7 |
| 2018 | 3 | 0 | 0 | 3 |
| 2019 | 1 | 0 | 0 | 1 |
| 2020 | 0 | 0 | 0 | 0 |
| 2021 | 3 | 2 | 0 | 5 |
| 2022 | 7 | 0 | 0 | 7 |
| 2023 | 7 | 3 | 0 | 10 |
| 2024 | 2 | 0 | 0 | 2 |
| 2025 | 5 | 1 | 0 | 6 |
| 2026 | 2 | 0 | 0 | 2 |
Every one of the 67 recorded events, 1995–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11232 · Landlord rankings · How grades work · The map · The Mice Map