541 recorded events, 1966–2026, from 13 city data systems. The city's paper trail here is mostly 154 HPD complaints, 115 311 service requests, 81 rodent inspections.
Full record, year by year Support this site
A meaningful record of code violations or complaints relative to its peers. More recorded distress than 94% 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 279. In ZIP 11216, 38% of residential buildings hold an A and 19% 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.
8 heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
47 service requests in the last three years. Most common: GENERAL (7) · UNSANITARY CONDITION (6) · Noise (5) · Non (4) · HEAT/HOT WATER (3) · WATER LEAK (2).
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 (1899) |
| Yes | Six or more residential units (8) |
| Yes | 421-a / J-51 tax benefit on the current tax roll |
3 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).
| Registered owner(s) | 240 MADISON PARTNERS LLC |
| Head officer | MOSHE DUESTCH |
| Managing agent | YHT MANAGEMENT |
| Last registered | 2025-08-24 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $1,938,000 | $872,100 |
| 2026 | $2,326,000 | $1,046,700 |
| 2027 | $2,682,000 | $1,206,900 |
The city's market estimate has risen 38% between tax years 2025 and 2027.
Tax exemptions on the roll: J51
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.
1 street-flooding or sewer-backup complaints at this address since 2023 (0 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 | Nostrand Av — A C · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: none Bedford-Nostrand Avs — G · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Putnam Av / Nostrand Av — B26 · 450 ft |
| Citi Bike | Putnam Ave & Nostrand Ave · 250 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 003 The Bedford Village. 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.
240 Madison 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 |
47 311 service requests from this address in the last three years — 3 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 YHT MANAGEMENT — 82 buildings, 618 units. Grades across the portfolio: A14 · B29 · C18 · D15 · F5. See the whole portfolio
showing 60 of 82 buildings
Most recent mortgage recorded against this lot: $575,805 on 2026-09-02 (lender: JPMorgan Chase Bank NA). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-09-02 | Agreement $3,820,000 — from 240 MADISON PARTNERS LLC to JPMORGAN CHASE BANK NA | $3,820,000 | |
| 2026-09-02 | Mortgage $575,805 — from 240 MADISON PARTNERS LLC to JPMORGAN CHASE BANK NA | $575,805 | |
| 2017-09-15 | Mortgage $882,922 — from 240 MADISON PARTNERS LLC to GREYSTONE SERVICING CORPORATION, INC. | $882,922 | |
| 2017-09-15 | Agreement $3,850,000 — from 240 MADISON PARTNERS LLC to GREYSTONE SERVICING CORPORATION, INC. | $3,850,000 | |
| 2013-10-16 | M&CON $3,200,000 — from 240 MADISON PARTNERS LLC to SIGNATURE BANK | $3,200,000 | |
| 2013-10-16 | AL&R $3,200,000 — from 240 MADISON PARTNERS LLC to SIGNATURE BANK | $3,200,000 | |
| 2012-08-13 | Mortgage $1,200,000 — from 240 MADISON PARTNERS LLC to EASTERN CAPITAL GROUP LLC | $1,200,000 | |
| 2012-08-13 | AL&R $1,200,000 — from 240 MADISON PARTNERS LLC to EASTERN CAPITAL GROUP LLC | $1,200,000 | |
| 2012-07-17 | Deed $1,250,000 — from EDWARD G. MORAN, TRUSTEE CHP11 EST CREEK to 240 MADISON PARTNERS LLC | $1,250,000 | |
| 2008-09-09 | Mortgage $290,000 — from 500 PUTNAM LLC; CREEKHILL REALTY LLC to NECHADIM CORP., | $290,000 | |
| 2004-05-11 | Deed $10,000 — from PIERCE, LATANYA to CREEKHILL REALTY LLC | $10,000 | |
| 2004-05-04 | M&CON $85,352 — from LATANYA PIERCE to ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIA | $85,352 | |
| 2002-12-12 | Mortgage $412,500 — from PIERCE, LATANYA to GREENPOINT MORTGAGEFUNDING INC | $412,500 |
| Year | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 8 | 7 | 7 | 22 |
| 2018 | 0 | 9 | 0 | 4 | 13 |
| 2019 | 0 | 10 | 0 | 11 | 21 |
| 2020 | 0 | 5 | 1 | 1 | 7 |
| 2021 | 0 | 15 | 0 | 6 | 21 |
| 2022 | 0 | 4 | 0 | 8 | 12 |
| 2023 | 1 | 14 | 0 | 14 | 29 |
| 2024 | 1 | 22 | 0 | 10 | 33 |
| 2025 | 3 | 77 | 0 | 5 | 85 |
| 2026 | 0 | 16 | 3 | 8 | 27 |
Every one of the 541 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11216 · Landlord rankings · How grades work · The map · The Mice Map