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NYC Building Records · BBL 4014880028

40-44 78 STREET

Queens · Block 1488 · Lot 28 · Two-family frame (Class B2)

40-44 78 STREET is a Class B2 (two-family frame) building in Queens (BBL 4014880028) built in 1925, with 2 residential units across 2 floors.

The building is in NYC community district 404, council district 25, zoning district R5, on a 2,000-square-foot lot with a building footprint of 1,536 square feet.

The current registered owner of record per NYC PLUTO is RAHIM, MD.

The most recent ACRIS deed transfer for this BBL was recorded on February 28, 2022 when SHARMA, MANMOHAN; SHARMA, KIRAN conveyed the property to SHOSHY, NUSRAT JAHAN; RAHIM, MD; NOMAN, MD ABU for $1.19M. The transaction was financed with a $1.01M mortgage from Mers.

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

RAHIM, MD

Most recent deed

Last transferred on Feb 28, 2022 for $1.2M to SHOSHY, NUSRAT JAHAN; RAHIM, MD; NOMAN, MD ABU.
Previous owner: SHARMA, MANMOHAN; SHARMA, KIRAN
Mortgage: $1.0M recorded Feb 28, 2022 with Mers. Loan-to-value: 85%.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Feb 28, 2022MTGE$1.0MParties redacted — full names in MetroDeeds Scout+
Feb 28, 2022DEED$1.2MParties redacted — full names in MetroDeeds Scout+
Sep 22, 2011DEED$480KParties redacted — full names in MetroDeeds Scout+
Apr 19, 2005DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 4 redacted buyer/seller names above →

Building stats

Units
2
Year built
1925
Class
B2
Borough
Queens
Zoning:
R5
Lot size:
2,000 sqft
Building area:
1,536 sqft
Floors:
2
Assessed value:
$60K
Community district:
404
Council district:
25

HPD violations

0 open
Most severe class on record: Class B
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 BInspected May 9, 2021
    HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES LOCATED AT APT 1FL, 1st STORY, 1st APARTMENT FROM WEST AT NORTH
  • Class BInspected May 9, 2021
    § 27-2046.1 HMC: REPAIR OR REPLACE THE CARBON MONOXIDE DETECTING DEVICE(S). MISSING LOCATED AT APT 1FL, 1st STORY, 1st APARTMENT FROM WEST A…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

4 documents in the last 5 years (most recent Feb 28, 2022).

Frequently asked questions about 40-44 78 STREET

Who owns 40-44 78 STREET?

The current registered owner of record for 40-44 78 STREET per NYC PLUTO is RAHIM, MD. The most recent ACRIS deed transfer for this BBL was recorded on February 28, 2022 when the property was conveyed to SHOSHY, NUSRAT JAHAN; RAHIM, MD; NOMAN, MD ABU. 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 40-44 78 STREET last sold?

The most recent ACRIS deed transfer for 40-44 78 STREET was recorded on February 28, 2022, when SHARMA, MANMOHAN; SHARMA, KIRAN conveyed the property to SHOSHY, NUSRAT JAHAN; RAHIM, MD; NOMAN, MD ABU for $1.19M. The transaction was financed with a $1.01M mortgage from Mers.

How many HPD violations does 40-44 78 STREET have?

No open HPD housing-maintenance code violations are on record for 40-44 78 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 40-44 78 STREET?

NYC Department of Finance assesses 40-44 78 STREET at $60K 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 40-44 78 STREET and what does that mean?

40-44 78 STREET is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. 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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