257 recorded events, 1900–2026, from 15 city data systems. The city's paper trail here is mostly 66 ACRIS deeds & mortgages, 66 311 service requests, 20 DOB violations.
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 100% 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. In ZIP 11104, 73% of residential buildings hold an A and 4% 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: Dead Animal (6) · Illegal Parking (1) · Overgrown Tree/Branches (1) · Noise (1).
$449,500 in permitted construction work filed since 2016 (12 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 (1939) |
| Yes | Six or more residential units (54) |
| 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) | 40TH ST OWNERS CORP C/O BENENSON REAL ESTATE CORP |
| Head officer | KEM BECOVIC |
| Managing agent | BENENSON REAL ESTATE CORP |
| Last registered | 2025-09-03 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $3,537,000 | $1,591,650 |
| 2026 | $3,975,000 | $1,788,750 |
| 2027 | $4,189,000 | $1,885,050 |
The city's market estimate has risen 18% between tax years 2025 and 2027.
Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER
For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $1,058,880 a year ($22.06 per sq ft), operating expenses $550,560 ($11.47 per sq ft), net operating income $508,320. 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 23/100, posted at the entrance by law (2022 disclosure cycle) |
| Heating fuel | NATURALGAS |
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 2021 (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 | 40 St-Lowery St — 7 · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 48 Av / Greenpoint Av — Q39 · 200 ft |
| Citi Bike | 48 Ave & 41 St · 300 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 199 Maurice A. Fitzgerald Middle: I.S. 125 Thom J. McCann Woodside. 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.
47-39 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 |
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 BENENSON REAL ESTATE CORP. — 20 buildings, 951 units. Grades across the portfolio: A16 · B4. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 41-08 Parsons Boulevard | QN | 83 | A |
| 3521 DeKalb Avenue | BX | 83 | A |
| 2850 Claflin Avenue | BX | 78 | B |
| 45-36 39 Place | QN | 70 | A |
| 37-15 72 Street | QN | 60 | B |
| 37-41 81 Street | QN | 59 | A |
| 43-06 46 Street | QN | 55 | A |
| 47-25 40 Street | QN | 54 | A |
| 47-39 40 Street | QN | 54 | A |
| 1447 Macombs Road | BX | 53 | A |
| 332 East 84 Street | MN | 48 | A |
| 60-52 Madison Street | QN | 48 | A |
| 3312 Hull Avenue | BX | 48 | A |
| 60-62 Madison Street | QN | 48 | A |
| 2839 Bainbridge Avenue | BX | 30 | B |
| 2851 Webb Avenue | BX | 28 | A |
| 2853 Webb Avenue | BX | 28 | A |
| 125 West 3 Street | MN | 9 | A |
| 175 Madison Avenue | MN | 8 | B |
| 971 Lexington Avenue | MN | 7 | A |
Most recent mortgage recorded against this lot: $1,100,000 on 2026-08-28 (lender: National Consumer Cooperative Bank), covering 3 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.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2026-08-28 | Mortgage $1,100,000 — from 40TH STREET OWNERS CORP. to NATIONAL CONSUMER COOPERATIVE BANK | $1,100,000 | |
| 2026-08-28 | AL&R $1,100,000 — from 40TH STREET OWNERS CORP. to NATIONAL CONSUMER COOPERATIVE BANK | $1,100,000 | |
| 2026-08-04 | RPTT&RET $565,000 — from BIC 40TH STREET LLC to DEL ROSARIO, JOANNA ROSE TORRES | $565,000 | |
| 2026-07-30 | RPTT&RET $585,000 — from BIC 40TH STREET LLC to SALTZ, MARCY; OGULNIK, ANDREW | $585,000 | |
| 2026-07-28 | Sold for $565,000 | $565,000 | $10,463 |
| 2026-07-20 | Sold for $585,000 | $585,000 | $10,833 |
| 2026-03-27 | RPTT&RET $335,000 — from GREGORY, JR., STEPHEN M; GREGORY, LORRAINE to GJONAJ, JOSEPHINA | $335,000 | |
| 2026-03-26 | Sold for $335,000 | $335,000 | $6,204 |
| 2025-01-28 | RPTT&RET $315,000 — from CZERNIACHOWICZ, KRISTINA to GJONAJ, JESSICA | $315,000 | |
| 2025-01-14 | Sold for $315,000 | $315,000 | $5,833 |
| 2024-05-09 | RPTT&RET $385,000 — from KRICORIAN, ANA to REDDY, VISHNU | $385,000 | |
| 2024-05-08 | Sold for $385,000 | $385,000 | $7,130 |
| 2023-11-08 | RPTT&RET $497,000 — from GJONAJ, PELLUMB; GJONAJ, BRIDGET to KARPUS, KELLY THERESE | $497,000 | |
| 2023-10-30 | Sold for $497,000 | $497,000 | $9,204 |
| 2021-09-09 | RPTT&RET $384,500 — from LEUNG, JIAJIAN to BOROCHOV, REBECCA JOY | $384,500 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 4 | 1 | 2 | 0 | 0 | 7 |
| 2018 | 5 | 2 | 7 | 14 | 2 | 30 |
| 2019 | 2 | 5 | 3 | 2 | 1 | 13 |
| 2020 | 1 | 0 | 9 | 0 | 1 | 11 |
| 2021 | 0 | 2 | 4 | 3 | 1 | 10 |
| 2022 | 0 | 3 | 5 | 0 | 1 | 9 |
| 2023 | 4 | 6 | 2 | 2 | 1 | 15 |
| 2024 | 2 | 2 | 8 | 2 | 1 | 15 |
| 2025 | 5 | 1 | 2 | 2 | 2 | 12 |
| 2026 | 2 | 0 | 2 | 11 | 1 | 16 |
Every one of the 257 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11104 · Landlord rankings · How grades work · The map · The Mice Map