Building report

38 Downing Street · Manhattan · BBL 1005280036 · generated 2026-10-20 · FREE Print / save PDF

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Where the penalty points come from

Open with the city right now

status snapshot refreshed weekly from HPD records

Patterns

10 heat or hot-water complaints in the last three years (winter 2023–24: 10).

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

What 311 hears from this address

7 service requests in the last three years. Most common: HEAT/HOT WATER (5) · Lead (1) · Encampment (1).

Filed construction activity

$405,726 in permitted construction work filed since 2016 (9 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

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

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

What the city thinks it's worth

The city's market estimate has risen 78% between tax years 2025 and 2027.

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $377,461 a year ($45.07 per sq ft), operating expenses $169,175 ($20.20 per sq ft), net operating income $208,286. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

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

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

38 Downing Street Copy address

7 311 service requests from this address in the last three years — 5 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 CORNERSTONE MGMT SYSTEMS INC — 113 buildings, 1,524 units. Grades across the portfolio: A94 · B12 · C6. See the whole portfolio

showing 60 of 113 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1 on 1994-07-19 (lender: NYC Hpd), 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.

Ten-year activity

Show as table

Year	Construction	Enforcement	Housing & tenants	Ownership & money	Health & systems	Total
2017	0	0	1	0	2	3
2018	0	0	4	0	3	7
2019	0	0	3	0	3	6
2020	4	0	2	0	1	7
2021	6	0	3	5	2	16
2022	6	0	1	0	1	8
2023	0	1	1	0	2	4
2024	0	5	17	0	3	25
2025	0	0	2	0	2	4
2026	0	0	0	0	1	1

The last 12 months — 4 records

The full timeline

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