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NYC Building Records · BBL 1006940047

524 WEST 23 STREET

Manhattan · Block 694 · Lot 47 · Warehouse (Class E7)

524 WEST 23 STREET is a Class E7 (warehouse) building in Manhattan (BBL 1006940047) built in 1931, with 1 residential unit across 10 floors.

The building is in NYC community district 104, council district 3, zoning district C6-3A, on a 14,318-square-foot lot with a building footprint of 141,934 square feet.

The current registered owner of record per NYC PLUTO is SM I MMS, L.L.C..

The most recent ACRIS deed transfer for this BBL was recorded on December 16, 2021 when GRAND LAFAYETTE PROPERTIES LLC conveyed the property to SM I MMS, L.L.C. for $132.10M. The transaction was financed with a $1.7B mortgage from Citi Real Estate Funding Inc.; Barclays Capital Real Estate Inc..

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

SM I MMS, L.L.C.

Most recent deed

Last transferred on Dec 16, 2021 for $132.1M to SM I MMS, L.L.C..
Previous owner: GRAND LAFAYETTE PROPERTIES LLC
Mortgage: $1.7B recorded Dec 16, 2021 with Citi Real Estate Funding Inc.; Barclays Capital Real Estate Inc.. Loan-to-value: 1291%.
🔒 See all transfers before the 2021 sale →

Recent ACRIS documents (last 3)

DateTypeAmountParties
Dec 16, 2021MTGE$1.7BParties redacted — full names in MetroDeeds Scout+
Dec 16, 2021DEED$132.1MParties redacted — full names in MetroDeeds Scout+
Sep 20, 2007DEED$30.5MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 3 redacted buyer/seller names above →

Building stats

Units
1
Year built
1931
Class
E7
Borough
Manhattan
Zoning:
C6-3A
Lot size:
14,318 sqft
Building area:
141,934 sqft
Floors:
10
Assessed value:
$14.6M
Community district:
104
Council district:
3

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

3 documents in the last 5 years (most recent Dec 16, 2021).

Frequently asked questions about 524 WEST 23 STREET

Who owns 524 WEST 23 STREET?

The current registered owner of record for 524 WEST 23 STREET per NYC PLUTO is SM I MMS, L.L.C.. The most recent ACRIS deed transfer for this BBL was recorded on December 16, 2021 when the property was conveyed to SM I MMS, L.L.C.. 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 524 WEST 23 STREET last sold?

The most recent ACRIS deed transfer for 524 WEST 23 STREET was recorded on December 16, 2021, when GRAND LAFAYETTE PROPERTIES LLC conveyed the property to SM I MMS, L.L.C. for $132.10M. The transaction was financed with a $1.7B mortgage from Citi Real Estate Funding Inc.; Barclays Capital Real Estate Inc..

How many HPD violations does 524 WEST 23 STREET have?

No open HPD housing-maintenance code violations are on record for 524 WEST 23 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 524 WEST 23 STREET?

NYC Department of Finance assesses 524 WEST 23 STREET at $14.65M 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 524 WEST 23 STREET and what does that mean?

524 WEST 23 STREET is NYC building class E7 — Warehouse. Warehouse. 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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