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NYC Building Records · BBL 1012750008

7 EAST 40 STREET

Manhattan · Block 1275 · Lot 8 · Office building (Class O6)

7 EAST 40 STREET is a Class O6 (office building) building in Manhattan (BBL 1012750008) built in 1913, with 4 residential units across 18 floors.

The building is in NYC community district 105, council district 4, zoning district C5-2.5, on a 7,406-square-foot lot with a building footprint of 86,788 square feet.

The current registered owner of record per NYC PLUTO is SACHAR 26 LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

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

SACHAR 26 LLC

Most recent deed

Last transferred on Apr 25, 2018 for $70.3M to Sachar 26 Llc; Yosef 7 Llc.
Previous owner: 9 East 40th Street Llc
Mortgage: $50.4M recorded Apr 25, 2018 with Aareal Capital. Loan-to-value: 72%.
🔒 See all transfers before the 2018 sale →

Recent ACRIS documents (last 4)

DateTypeAmountParties
Apr 25, 2018AGMT$50.4MParties redacted — full names in MetroDeeds Scout+
Apr 25, 2018MTGE$43.9MParties redacted — full names in MetroDeeds Scout+
Apr 25, 2018DEED$70.3MParties redacted — full names in MetroDeeds Scout+
Nov 22, 2011AGMT$7.2MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 4 redacted buyer/seller names above →

Building stats

Units
4
Year built
1913
Class
O6
Borough
Manhattan
Zoning:
C5-2.5
Lot size:
7,406 sqft
Building area:
86,788 sqft
Floors:
18
Assessed value:
$8.6M
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

4 documents in the last 5 years (most recent Apr 25, 2018).

Frequently asked questions about 7 EAST 40 STREET

Who owns 7 EAST 40 STREET?

The current registered owner of record for 7 EAST 40 STREET per NYC PLUTO is SACHAR 26 LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 7 EAST 40 STREET last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 7 EAST 40 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 7 EAST 40 STREET have?

No open HPD housing-maintenance code violations are on record for 7 EAST 40 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 7 EAST 40 STREET?

NYC Department of Finance assesses 7 EAST 40 STREET at $8.59M 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 7 EAST 40 STREET and what does that mean?

7 EAST 40 STREET is NYC building class O6 — Office building. Office 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.

More from MetroDeeds

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