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24-16 40 Avenue

862Records
17City systems
50Open violations
106.7Penalty rate

862 recorded events, 1974–2026, from 17 city data systems. The city's paper trail here is mostly 301 HPD complaints, 243 311 service requests, 183 HPD housing violations.

BoroughQueens 11101
Built1916
Floors5
Res. units29
ClassC7
Owner (PLUTO)24-16 40TH CORP
BBL4004070026
BIN4004920

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 79% 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 106.7. In ZIP 11101, 70% of residential buildings hold an A and 5% 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 violations50 total — 12 class C (immediately hazardous), 34 class B, 4 class A. Oldest open since 2008-11-19.
Pending HPD litigation1 case(s) pending in housing court

status snapshot refreshed weekly from HPD records

Patterns

2 heat or hot-water complaints in the last three years (winter 2024–25: 2).

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

$14,405 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

80 service requests in the last three years. Most common: UNSANITARY CONDITION (11) · DOOR/WINDOW (10) · PAINT/PLASTER (9) · Illegal Parking (7) · FLOORING/STAIRS (5) · PLUMBING (4).

Filed construction activity

$249,000 in permitted construction work filed since 2016 (6 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 (1916)
YesSix or more residential units (29)
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)24-16 40TH CORP
Head officerPETER SAMBAZIOTIS
Managing agentAMERICA REALTY LLC
Last registered2025-09-24

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,537,000 $691,650
2026$1,690,000 $760,500
2027$1,740,000 $783,000

The city's market estimate has risen 13% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Flood exposure

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

Hurricane evacuation zone 6 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

5 street-flooding or sewer-backup complaints at this address since 2012 (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.

Getting around

SubwayQueensboro Plaza — 7 N W · 1,050 ft straight-line (about a 5-minute walk) · station accessibility: full
21 St-Queensbridge — M · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: full
BusNearest boarding stop: 21 St / 41 Av — B62 Q66 Q69 Q100 +1 more · 0.2 mi
Citi Bike40 Ave & Crescent St · 100 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 112 Dutch Kills
Middle: I.S. 204 Oliver W. Holmes. 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

24-16 40 Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

80 311 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.

The landlord's report card

Managed by AMERICA REALTY LLC — 28 buildings, 824 units. Grades across the portfolio: A16 · B6 · C3 · D2 · F1. See the whole portfolio

BuildingBoroughUnitsGrade
189-14 Crocheron Avenue QN109 C
61-15 43 Avenue QN88 A
35 West 64 Street MN68 A
121-02 109 Avenue QN48 B
140-70 Ash Avenue QN47 D
329 West 101 Street MN36 A
36-01 213 Street QN36 A
45-50 48 Street QN35 A
87-21 87 Street QN35 A
24-16 40 Avenue QN29 B
36-63 37 Avenue QN27 B
34-21 102 Street QN24 C
32-06 35 Avenue QN23 A
35-07 32 Street QN23 A
43-06 Smart Street QN20 A
11-46 44 Drive QN18 B
11-40 44 Drive QN18 A
45-14 39 Place QN17 C
27-01 Astoria Boulevard QN16 B
27-05 Astoria Boulevard QN16 A
41-50 43 Avenue QN16 A
43-39 41 Street QN16 A
37-66 63 Street QN16 A
44 Commercial Street BK12 B
33-17 82 Street QN10 D
219 West 15 Street MN9 A
43-14 42 Street QN6 F
43-07 Ditmars Boulevard QN6 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $671,806 on 2007-12-17 (lender: Alma Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2022-11-28Agreement $888,931 — from 24-16 40TH CORP to ALMA BANK $888,931
2007-12-17Mortgage $671,807 — from 24-16 40TH CORP. to ALMA BANK $671,807
2007-12-17Agreement $1,600,000 — from 24-16 40TH CORP. to ALMA BANK $1,600,000
2002-06-20Mortgage $648,153 — from 24-16 40TH CORP to MARATHON NTIONAL BANK OF NEW YORK $648,153
1994-09-13Mortgage $550,000 — from 24-16 40TH CORP to MARATHON NATIONAL BNAK OF NEW YORK $550,000
1989-02-28Mortgage $1,035,000 — from TSINOS, IEREMIAS to ATLANTIC MUTUAL MTGCORP $1,035,000

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
2023
124
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017002013
201801510254
201904320541
20200070411
202121110115
202200431448
202304400145
20246910702124
202503390143
202627510161
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The full timeline

Construction 23Enforcement 40Housing & tenants 746Ownership & money 28Health & systems 25

Every one of the 862 recorded events, 1974–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11101 · Landlord rankings · How grades work · The map · The Mice Map