242 East 40 Street
Manhattan, NY 10016BBL 1-00920-0041Map
Owner of record: Grand Central 888 INC.
242 East 40 Street is a walk-up apartment building built in 1920 in Manhattan, 10016. It has 7 residential units across 4 floors. The owner of record is Grand Central 888 INC.. HPD has recorded 3 housing violations here, most recently on April 29, 2026. City tax records listed 2 rent-stabilized apartments here in 2024.
- HPD violations
- 3
- DOB violations
- 2
- ECB violations
- 2
- HPD complaints
- 7
What to know
No open immediately-hazardous violations among recent records.
Date of the most recent HPD inspection that found a problem.
No balance due on recent ECB violations.
Rent stabilization
Counts come from owners' rent-stabilization filings shown on NYC Department of Finance tax bills, as extracted by JustFix. They tell you a building has stabilized apartments, not which ones.
Think your apartment is stabilized? Request its rent history from HCR (free), then check your renewal with the renewal calculator.
Violations
Most recent first. Showing up to 50 per agency.
HPD housing violations · 3
- ANon-hazardous
File annual bedbug report in accordance with hpd rule as described on the back of this notice of violation or as described on hpds website, www.nyc.gov\hpd, search bed bugs.
Apr 29, 2026
Closed — Violation dismissed - ANon-hazardous
File annual bedbug report in accordance with hpd rule as described on the back of this notice of violation or as described on hpds website, www.nyc.gov\hpd, search bed bugs.
Apr 1, 2021
Closed — Violation dismissed - IInformation / order
And is therefore subject to civil penalties, prohibited from certifying violations, and denied the right to recover possession of premises for nonpayment of rent until a valid registration statement is filed.
Oct 5, 2018
Closed — Violation dismissed
DOB building violations · 2
- Zoning none
Z-zoning none
Dec 14, 2007
Dob violation - active - Construction other optional
C-construction other optional
Dec 14, 2007
Dob violation - active
ECB violations · 2
- Class - 2
I observed at the time of inspection new branch outlets and switches wiring throughout the entire restaurant and installation of 2 ductless a/c wall mounted units. removal of and demolition old electrical appar
Dec 6, 2022 · Penalty $400
Resolve - Class - 1
Failure to maintain bldg in a code compliant manner. noted: the gutter(leader)from the roof @ the rear of the premises is rotted & leaking causing the adjacent fire house basement to flood @ time of inspection.
Jul 1, 2017 · Penalty $1,000
Resolve
Complaints
- Safety
Smoke detector
Aug 1, 2018 · Apt 2F
Close - Heating
Heat related
Nov 25, 2013 · Apt 1R
Close - Heating
Heat related
Nov 25, 2013 · Apt 1R
Close - Plumbing
Water supply
Feb 4, 2009 · Apt BLDG
Close - Plumbing
Water-leaks
Jul 5, 2007 · Apt 1R
Close - Heating
Heat related
Oct 31, 2006 · Apt 1R
Close - Plumbing
Radiator
Oct 30, 2006 · Apt 1R
Close
Sales history
No recorded sales in our data
Building details
- Building type
- Walk-up apartment building (C7)
- Year built
- 1920
- Floors
- 4
- Residential units
- 7
- Building area
- 4,500 ft²
- Lot area
- 1,778 ft²
- Zoning
- C1-9
- Community board
- 106
- Council district
- 4
- Block / lot
- 920 / 41
- Assessed value
- $1,532,700
- Landmark / historic district
- No
HPD registration #137770, last renewed Aug 25, 2025.
Questions about 242 East 40 Street
Who owns 242 East 40 Street?
The owner of record in NYC Department of City Planning PLUTO data is Grand Central 888 INC..
Does 242 East 40 Street have violations?
Yes. NYC HPD has recorded 3 housing violations at this property.
Is 242 East 40 Street rent stabilized?
NYC Department of Finance tax bills listed 2 rent-stabilized units here in 2024 (about 29% of its 7 apartments). To confirm a specific apartment, request its rent history from NYS Homes and Community Renewal.
When was 242 East 40 Street built?
City records list 1920 as the year it was built.
How many apartments are in 242 East 40 Street?
It has 7 residential units and 8 units in total.
Source: NYC Open Data (DCP PLUTO, HPD, DOB, ECB/OATH, DOF). Records can lag the city's systems. Data refreshed weekly.