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NYC Building Records · BBL 1007650065

242 WEST 16 STREET

Manhattan · Block 765 · Lot 65 · Walk-up + store (Class C7)

242 WEST 16 STREET is a Class C7 (walk-up + store) building in Manhattan (BBL 1007650065) built in 1910, with 34 residential units across 6 floors.

The building is in NYC community district 104, council district 3, zoning district R8B, on a 4,603-square-foot lot with a building footprint of 21,643 square feet.

The current registered owner of record per NYC PLUTO is WEST 16TH REALTY.

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

WEST 16TH REALTY
HPD-registered head officer: JOHN ILIBASSI

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerJOHN ILIBASSI
  • Corporate OwnerWEST 16TH REALTY LLC
  • Managing AgentDAVID CHEN
  • Site ManagerDANNY MARTINEZ

Most recent deed

Most recent ACRIS document: AGMT recorded Dec 16, 2022.
🔒 See the full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Dec 16, 2022AGMT$3.3MParties redacted — full names in MetroDeeds Scout+
Dec 16, 2022MTGE$85KParties redacted — full names in MetroDeeds Scout+
Mar 30, 2016AGMT$3.5MParties redacted — full names in MetroDeeds Scout+
Mar 30, 2016MTGE$835KParties redacted — full names in MetroDeeds Scout+
Mar 30, 2016MTGE$3.5MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
34
Year built
1910
Class
C7
Borough
Manhattan
Zoning:
R8B
Lot size:
4,603 sqft
Building area:
21,643 sqft
Floors:
6
Assessed value:
$505K
Community district:
104
Council district:
3

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 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…
  • 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…
  • Class AInspected Feb 16, 2022
    (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 Feb 16, 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…
  • Class IInspected Oct 26, 2016
    SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THER…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Dec 16, 2022).

Frequently asked questions about 242 WEST 16 STREET

Who owns 242 WEST 16 STREET?

The current registered owner of record for 242 WEST 16 STREET per NYC PLUTO is WEST 16TH REALTY. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 242 WEST 16 STREET last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 242 WEST 16 STREET 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 242 WEST 16 STREET have?

No open HPD housing-maintenance code violations are on record for 242 WEST 16 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 WEST 16 STREET?

NYC Department of Finance assesses 242 WEST 16 STREET at $505K 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 WEST 16 STREET and what does that mean?

242 WEST 16 STREET is NYC building class C7 — Walk-up + store. A walk-up apartment building with a store on the ground floor. 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 242 WEST 16 STREET
Every deed, every violation, court cases, mortgages, and operator portfolio — in one panel.
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