Free account includes 3 full due diligence reports — no credit card requiredSign Up Free →
← Address Lookup
NYC Building Records · BBL 1008400012

55 WEST 38 STREET

Manhattan · Block 840 · Lot 12 · Office + commercial (Class O5)

55 WEST 38 STREET is a Class O5 (office + commercial) building in Manhattan (BBL 1008400012) built in 1915, with 4 residential units across 4 floors.

The building is in NYC community district 105, council district 4, zoning district M1-9A/R12, on a 1,679-square-foot lot with a building footprint of 6,000 square feet.

The current registered owner of record per NYC PLUTO is H HOTEL LLC.

The most recent ACRIS deed transfer for this BBL was recorded on June 5, 2024 when COBEL INC. conveyed the property to H HOTEL LLC for $4.10M. The transaction was financed with a $28.50M mortgage from Shanghai Commercial Bank Ltd., New York Branch.

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

H HOTEL LLC

Most recent deed

Last transferred on Jun 5, 2024 for $4.1M to H HOTEL LLC.
Previous owner: COBEL INC.
Mortgage: $28.5M recorded Jun 5, 2024 with Shanghai Commercial Bank Ltd., New York Branch. Loan-to-value: 695%.
🔒 See all transfers before the 2024 sale →

Recent ACRIS documents (last 2)

DateTypeAmountParties
Jun 5, 2024AGMT$28.5MParties redacted — full names in MetroDeeds Scout+
Jun 5, 2024DEED$4.1MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 2 redacted buyer/seller names above →

Building stats

Units
4
Year built
1915
Class
O5
Borough
Manhattan
Zoning:
M1-9A/R12
Lot size:
1,679 sqft
Building area:
6,000 sqft
Floors:
4
Assessed value:
$541K
Community district:
105
Council district:
4

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

2 documents in the last 5 years (most recent Jun 5, 2024).

Other buildings in this portfolio

H HOTEL LLC controls 45 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 55 WEST 38 STREET

Who owns 55 WEST 38 STREET?

The current registered owner of record for 55 WEST 38 STREET per NYC PLUTO is H HOTEL LLC. The most recent ACRIS deed transfer for this BBL was recorded on June 5, 2024 when the property was conveyed to H HOTEL LLC. 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 55 WEST 38 STREET last sold?

The most recent ACRIS deed transfer for 55 WEST 38 STREET was recorded on June 5, 2024, when COBEL INC. conveyed the property to H HOTEL LLC for $4.10M. The transaction was financed with a $28.50M mortgage from Shanghai Commercial Bank Ltd., New York Branch.

How many HPD violations does 55 WEST 38 STREET have?

No open HPD housing-maintenance code violations are on record for 55 WEST 38 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 55 WEST 38 STREET?

NYC Department of Finance assesses 55 WEST 38 STREET at $541K 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 55 WEST 38 STREET and what does that mean?

55 WEST 38 STREET is NYC building class O5 — Office + commercial. An office building with significant commercial space. 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 55 WEST 38 STREET
Every deed, every violation, court cases, mortgages, and operator portfolio — in one panel.
Get the full deed history for 55 WEST 38 STREET
3 free reports lifetime with a MetroDeeds account. No credit card required.
Sign Up Free