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NYC Building Records · BBL 1005070009

242 ELIZABETH STREET

Manhattan · Block 507 · Lot 9 · Elevator, post-1929 (Class D7)

242 ELIZABETH STREET is a Class D7 (elevator, post-1929) building in Manhattan (BBL 1005070009) built in 1952, with 6 residential units across 7 floors.

The building is in NYC community district 102, council district 1, zoning district C6-2, on a 1,827-square-foot lot with a building footprint of 7,667 square feet.

The current registered owner of record per NYC PLUTO is ELIZABETH STREET LLC.

The most recent ACRIS deed transfer for this BBL was recorded on January 26, 2026 when CME ELIZABETH, LLC; BLUEPRINT 1031 CAPITAL LLC conveyed the property to 242 ELIZABETH PROPCO LP for $11.75M. The transaction was recorded as cash (no paired mortgage instrument).

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

ELIZABETH STREET LLC
HPD-registered head officer: RONALD ERVOLINO

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerRONALD ERVOLINO
  • Corporate OwnerELIZABETH STREET, L.L.C.
  • Managing AgentTHE ERVOLINO GROUP, LLC
  • Site ManagerBRYAN LAND

Most recent deed

Last transferred on Jan 26, 2026 for $11.8M to 242 ELIZABETH PROPCO LP.
Previous owner: CME ELIZABETH, LLC; BLUEPRINT 1031 CAPITAL LLC
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2026 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Jan 26, 2026DEED$11.8MParties redacted — full names in MetroDeeds Scout+
Jan 26, 2026DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Jan 26, 2025AGMT$13.3MParties redacted — full names in MetroDeeds Scout+
Jun 19, 2019MTGE$907KParties redacted — full names in MetroDeeds Scout+
Jun 19, 2019AGMT$6.5MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
6
Year built
1952
Class
D7
Borough
Manhattan
Zoning:
C6-2
Lot size:
1,827 sqft
Building area:
7,667 sqft
Floors:
7
Assessed value:
$1.9M
Community district:
102
Council district:
1

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 2 violations issued by NYC HPD at this address:
  • Class IInspected Nov 22, 2024
    §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 Apr 1, 2021
    (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…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Jan 26, 2026).

Other buildings in this portfolio

242 ELIZABETH PROPCO LP controls 2 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 242 ELIZABETH STREET

Who owns 242 ELIZABETH STREET?

The current registered owner of record for 242 ELIZABETH STREET per NYC PLUTO is ELIZABETH STREET LLC. The most recent ACRIS deed transfer for this BBL was recorded on January 26, 2026 when the property was conveyed to 242 ELIZABETH PROPCO LP. 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 242 ELIZABETH STREET last sold?

The most recent ACRIS deed transfer for 242 ELIZABETH STREET was recorded on January 26, 2026, when CME ELIZABETH, LLC; BLUEPRINT 1031 CAPITAL LLC conveyed the property to 242 ELIZABETH PROPCO LP for $11.75M. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 242 ELIZABETH STREET have?

No open HPD housing-maintenance code violations are on record for 242 ELIZABETH 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 242 ELIZABETH STREET?

NYC Department of Finance assesses 242 ELIZABETH STREET at $1.94M 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 242 ELIZABETH STREET and what does that mean?

242 ELIZABETH STREET is NYC building class D7 — Elevator, post-1929. A post-1929 elevator apartment building, typically 7+ stories. 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

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