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NYC Building Records · BBL 4033200011

116-40 PARK LANE SOUTH

Queens · Block 3320 · Lot 11 · Walk-up, over six families (Class C1)

116-40 PARK LANE SOUTH is a Class C1 (walk-up, over six families) building in Queens (BBL 4033200011) built in 1925, with 35 residential units across 4 floors.

The building is in NYC community district 409, council district 29, zoning district R7A, on a 14,190-square-foot lot with a building footprint of 42,940 square feet.

The current registered owner of record per NYC PLUTO is PARK LANE 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

PARK LANE MANAGEMENT CORP.
HPD-registered head officer: MAJID KAHEN

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerMAJID KAHEN
  • Corporate OwnerPARK LANE MGMT. CORP
  • Managing AgentPARK LANE MANAGEMENT CORP
  • Site ManagerJOHN KAJTAZI

Most recent deed

Most recent ACRIS document: MTGE recorded Apr 23, 2020.
🔒 See the full deed history for this building →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Apr 23, 2020MTGE$58KParties redacted — full names in MetroDeeds Scout+
Apr 23, 2020AGMT$2.6MParties redacted — full names in MetroDeeds Scout+
Apr 8, 2013AGMT$3.0MParties redacted — full names in MetroDeeds Scout+
Apr 8, 2013MTGE$2.4MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 4 redacted buyer/seller names above →

Building stats

Units
35
Year built
1925
Class
C1
Borough
Queens
Zoning:
R7A
Lot size:
14,190 sqft
Building area:
42,940 sqft
Floors:
4
Assessed value:
$771K
Community district:
409
Council district:
29

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected Mar 13, 2026
    § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGE…
  • Class AInspected Mar 13, 2026
    §27-2104(B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONSPICUOUS LOCATION WIT…
  • Class AInspected Mar 13, 2026
    § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES…
  • Class CInspected Mar 13, 2026
    § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING CONSISTING OF WOOD WEDGE AT VESTIBULE DOOR AT PUBLIC HALL, 1s…
  • Class CInspected Jan 27, 2026
    § 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE RADIATOR SHUT-OFF VALVE RELEASING STEAM AND OR WATER AT NORTH WALL NEAR MA…
🔒 See closure dates + classification for all 0 →

Recent ACRIS activity

4 documents in the last 5 years (most recent Apr 23, 2020).

Frequently asked questions about 116-40 PARK LANE SOUTH

Who owns 116-40 PARK LANE SOUTH?

The current registered owner of record for 116-40 PARK LANE SOUTH per NYC PLUTO is PARK LANE 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 116-40 PARK LANE SOUTH last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 116-40 PARK LANE SOUTH 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 116-40 PARK LANE SOUTH have?

No open HPD housing-maintenance code violations are on record for 116-40 PARK LANE SOUTH 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 116-40 PARK LANE SOUTH?

NYC Department of Finance assesses 116-40 PARK LANE SOUTH at $771K 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 116-40 PARK LANE SOUTH and what does that mean?

116-40 PARK LANE SOUTH 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.

More from MetroDeeds

Go deeper on this building

Open full Landlord Intel for 116-40 PARK LANE SOUTH
Every deed, every violation, court cases, mortgages, and operator portfolio — in one panel.
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