48 PARK TERRACE EAST
48 PARK TERRACE EAST is a Class D4 (elevator coop, 6+ stories) building in Manhattan (BBL 1022430332) built in 1941, with 70 residential units across 6 floors.
The building is in NYC community district 112, council district 10, zoning district R7A, on a 16,700-square-foot lot with a building footprint of 106,983 square feet.
The current registered owner of record per NYC PLUTO is PARK TERRACE OWNERS 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
HPD registered contacts
- Head OfficerThomas Scholz
- Corporate OwnerPARK TERRACE OWNER CORP
- Managing AgentA. MICHAEL TYLER REALTY CORP
- Site ManagerANTHONY GROCHOWSKI
Most recent deed
Recent ACRIS documents (last 3)
Building stats
- Zoning:
- R7A
- Lot size:
- 16,700 sqft
- Building area:
- 106,983 sqft
- Floors:
- 6
- Assessed value:
- $5.0M
- Community district:
- 112
- Council district:
- 10
HPD violations
Recent HPD violation details
- Class AInspected Aug 30, 2022§ 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND…
- Class AInspected Aug 30, 2022§ 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 Aug 30, 2022§ 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 AInspected Aug 30, 2022§ 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM…
- Class AInspected Aug 30, 2022§ 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISS…
Recent ACRIS activity
Frequently asked questions about 48 PARK TERRACE EAST
Who owns 48 PARK TERRACE EAST?
The current registered owner of record for 48 PARK TERRACE EAST per NYC PLUTO is PARK TERRACE OWNERS CORP. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.
When was 48 PARK TERRACE EAST last sold?
MetroDeeds shows no confirmed ACRIS deed transfer for 48 PARK TERRACE EAST 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 48 PARK TERRACE EAST have?
No open HPD housing-maintenance code violations are on record for 48 PARK TERRACE EAST 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 48 PARK TERRACE EAST?
NYC Department of Finance assesses 48 PARK TERRACE EAST at $5.03M 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 48 PARK TERRACE EAST and what does that mean?
48 PARK TERRACE EAST is NYC building class D4 — Elevator coop, 6+ stories. A 6+ story elevator cooperative apartment building. 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.