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NYC Building Records · BBL 1008920072

122 EAST 37 STREET

Manhattan · Block 892 · Lot 72 · Walk-up, four families (Class C5)

122 EAST 37 STREET is a Class C5 (walk-up, four families) building in Manhattan (BBL 1008920072) built in 1856, with 6 residential units across 4 floors.

The building is in NYC community district 106, council district 4, zoning district R10, on a 1,590-square-foot lot with a building footprint of 5,196 square feet.

The current registered owner of record per NYC PLUTO is IBC II PROPERTY LLC.

The most recent ACRIS deed transfer for this BBL was recorded on December 15, 2022 when 122 E 37 Llc conveyed the property to Ibc Ii Property Llc for $3.48M. The transaction was financed with a $2.48M mortgage from Pcsb Bank.

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

IBC II PROPERTY LLC
HPD-registered head officer: IRA LIFSHUTZ

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerIRA LIFSHUTZ
  • Corporate OwnerIBC II PROPERTY LLC
  • Managing AgentNEW AIM REALTY LLC
  • Site ManagerKEVIN TERRONES

Most recent deed

Last transferred on Dec 15, 2022 for $3.5M to Ibc Ii Property Llc.
Previous owner: 122 E 37 Llc
Mortgage: $2.5M recorded Dec 15, 2022 with Pcsb Bank. Loan-to-value: 72%.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Dec 15, 2022MTGE$1.4MParties redacted — full names in MetroDeeds Scout+
Dec 15, 2022AGMT$2.5MParties redacted — full names in MetroDeeds Scout+
Dec 15, 2022DEED$3.5MParties redacted — full names in MetroDeeds Scout+
Apr 25, 2019MTGE$206KParties redacted — full names in MetroDeeds Scout+
Apr 25, 2019AGMT$1.1MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
6
Year built
1856
Class
C5
Borough
Manhattan
Zoning:
R10
Lot size:
1,590 sqft
Building area:
5,196 sqft
Floors:
4
Assessed value:
$1.6M
Community district:
106
Council district:
4

HPD violations

0 open
Most severe class on record: Class A
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 Apr 29, 2026
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class AInspected Apr 1, 2024
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 15, 2023
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Mar 15, 2023
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class IInspected Nov 2, 2022
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Dec 15, 2022).

Frequently asked questions about 122 EAST 37 STREET

Who owns 122 EAST 37 STREET?

The current registered owner of record for 122 EAST 37 STREET per NYC PLUTO is IBC II PROPERTY LLC. The most recent ACRIS deed transfer for this BBL was recorded on December 15, 2022 when the property was conveyed to Ibc Ii Property Llc. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 122 EAST 37 STREET last sold?

The most recent ACRIS deed transfer for 122 EAST 37 STREET was recorded on December 15, 2022, when 122 E 37 Llc conveyed the property to Ibc Ii Property Llc for $3.48M. The transaction was financed with a $2.48M mortgage from Pcsb Bank.

How many HPD violations does 122 EAST 37 STREET have?

No open HPD housing-maintenance code violations are on record for 122 EAST 37 STREET 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 122 EAST 37 STREET?

NYC Department of Finance assesses 122 EAST 37 STREET at $1.57M 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 122 EAST 37 STREET and what does that mean?

122 EAST 37 STREET is NYC building class C5 — Walk-up, four families. A 3-to-6-story walk-up apartment building with 4 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.

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