116 SHERMAN AVENUE
116 SHERMAN AVENUE is a Class C1 (walk-up, over six families) building in Manhattan (BBL 1022240038) built in 1916, with 30 residential units across 5 floors.
The building is in NYC community district 112, council district 10, zoning district R7A, on a 6,000-square-foot lot with a building footprint of 18,640 square feet.
The current registered owner of record per NYC PLUTO is MARKPEN MANAGEMENT CORP.
MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
HPD registered contacts
- Head OfficerNIKITAS DRAKOTOS
- Corporate OwnerMARKPEN MANAGEMENT CORP.
- Managing AgentMARKPEN MANAGEMENT CORP
- Site ManagerJOSE MINIER
Most recent deed
Recent ACRIS documents (last 1)
Building stats
- Zoning:
- R7A
- Lot size:
- 6,000 sqft
- Building area:
- 18,640 sqft
- Floors:
- 5
- Assessed value:
- $558K
- Community district:
- 112
- Council district:
- 10
HPD violations
Recent HPD violation details
- Class CInspected Feb 4, 2026§ 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF LOCKABLE BARREL BOLT IN THE ENTRANCE LOCATED AT APT 8, 2nd STORY, 1st APAR…
- Class CInspected Feb 4, 2026§ 27-2033 ADM CODE PROVIDE READY ACCESS TO BUILDINGS HEATING SYSTEM DOOR LOCKED AT CELLAR AT BOILER ROOM
- Class CInspected Feb 4, 2026§ 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE LATCH SET AT BUILDING FRONT ENTRANCE DOOR , 1st STORY
- Class CInspected Feb 4, 2026§ 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MIS…
- Class CInspected Feb 4, 2026§ 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 8, 2nd STORY, 1st APARTMENT FROM EAST…
Recent ACRIS activity
Frequently asked questions about 116 SHERMAN AVENUE
Who owns 116 SHERMAN AVENUE?
The current registered owner of record for 116 SHERMAN AVENUE per NYC PLUTO is MARKPEN MANAGEMENT CORP. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.
When was 116 SHERMAN AVENUE last sold?
MetroDeeds shows no confirmed ACRIS deed transfer for 116 SHERMAN AVENUE in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).
How many HPD violations does 116 SHERMAN AVENUE have?
No open HPD housing-maintenance code violations are on record for 116 SHERMAN AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 116 SHERMAN AVENUE?
NYC Department of Finance assesses 116 SHERMAN AVENUE at $558K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 116 SHERMAN AVENUE and what does that mean?
116 SHERMAN AVENUE is NYC building class C1 — Walk-up, over six families. A 3-to-6-story walk-up apartment building with more than 6 residential units. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.