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Building report · Manhattan 10016 Independent · Tenant-side · No broker affiliations
Building report

250 East 40 Street

Manhattan · 10016 | BBL 1009207501 | BIN 1076162
Generated 3 hours ago (May 9, 2026)
A-

Composite verdict

250 East 40th Street is a 48-floor, 232-unit condo built in 1988 with an HPD score of 90 (A grade), but two open Class B violations — and the more concerning detail is that the most recent violation involves an unrepaired basement ceiling water leak that has been open for 2,580 days (over 7 years), with the landlord flagged as slow to respond. Noise is a real issue: the building earned a D grade for noise activity over the past 12 months, driven primarily by vehicle noise (29 complaints) and residential noise (28 complaints), consistent with its Midtown location. Crime in the immediate area scores 81/100 (B grade), with 15 incidents nearby, mostly grand larceny and criminal mischief. Rent stabilization data shows 13 potentially stabilized units out of 145 on record, with 8 units deregulated since 2007 — worth clarifying if you're considering one of those units.

2
Open HPD
Class B
0
Open HPD
Class C
570
311 calls
past 12 months
Rent-stabilized
units
81
Crime score
(out of 100)
$3,321
ZIP median
rent
Zoned school
rating
1988
Year built
6 min
Closest subway
min walk
D
Noise grade
(311 complaints)
A
Walkable
errands grade
401 places
Amenities
nearby

250 East 40 Street sits in Manhattan, ZIP 10016. The closest subway is Grand Central-42 St (4,5,6,7,S) (6-minute walk), served by the 4, 5, 6, 7, and S lines. Within an 800-meter walk you'll find 146 restaurants, 80 cafes, 46 groceries, and 10 pharmacies — a walkable-errands grade of A. Nearby public schools include The River School (grades Pre-K to 5), a 6-minute walk. Noise activity over the past 12 months is high noise activity — 69 noise complaints filed via 311, mostly vehicle noise. NYPD CompStat data places this precinct at a 81/100 safety score.

How many HPD violations does 250 East 40 Street have?
As of May 9, 2026, 250 East 40 Street has 5 open HPD violations: 2 Class B (hazardous) and 0 Class C (immediately hazardous). Source: NYC HPD.
Is 250 East 40 Street rent-stabilized?
Partially — 13 of 145 units (9%) at 250 East 40 Street are rent-stabilized. 8 units have been deregulated since 2007. Source: DHCR / Taxbills.nyc.
Is 250 East 40 Street in a safe neighborhood?
NYPD CompStat data scores this precinct at 81/100. Higher is safer. Source: NYC CompStat.
What's the closest subway to 250 East 40 Street?
Grand Central-42 St (4,5,6,7,S) — a 6-minute walk (501m) from 250 East 40 Street. Served by the 4, 5, 6, 7, and S lines.
How many 311 complaints have been filed near 250 East 40 Street?
570 complaints have been filed via 311 within 150 meters of 250 East 40 Street over the past 12 months. Source: NYC 311.
When was 250 East 40 Street built?
Built in 1988. The building has 48 floors and 232 residential units. Source: NYC PLUTO.
Is 250 East 40 Street subject to lead-paint regulations?
No — built in 1988, after the 1960 lead-paint cutoff. Standard NYC paint regulations apply. Source: NYC Local Law 1.
HPD Violations
A
score 90/100
open 2total 5closed 3openClassA 0openClassB 2openClassC 0openClassI 0closedClassA 1closedClassB 1closedClassC 0closedClassI 1
  • Class B · 2 open · penalty 10 · (5/ea)
HPD Complaints
heat 0mold 0other 0paint 0pests 0total 0bedbugs 0electric 0hotWater 0plumbing 0structural 0
311 / Quality of Life
drug 0rats 2noise 69other 366total 570trash 7parking 108drinking 0homeless 16construction 2
Noise (311 dedicated)
D
Crime
score 81/100
sex 0other 6violent 1property 6
Rent Stabilization
13 of 145 stabilized (9%) · 8 lost since 2007
0 recent evictions on file
Owner: JENNILEE DELEON (6-building portfolio)
ⓘ Email rent-info@nyshcr.org with your full address and apt# for free DHCR rent history
Bedbug History
Risk: low · 1 infested last 3y · 8 filings on file
Most recent filing: Dec 17, 2025 · 0 units infested
Past infestations — 2019: 2 · 2023: 1 (since eradicated)
Lead Paint Exposure
Source dataset wfmm-h6jk was retired by HPD; no public replacement on NYC OpenData. Workaround via wvxf-dwi5 NOVDescription filtering is deferred to a follow-up.
DOB Compliance
Complaints: 0 open / 20 total · Violations: 23 open / 54 total · 0 stop-work
Recent violations (3):
  • Dec 23, 2025 C-CONSTRUCTION OTHER OPTIONAL "DEPARTMENT OF BUILDINGS INTENDS TO REVOKE ALL APPROVALS AND PERMITS ISSUED IN CONNECTION WITH APPLICATION #M01…"
  • Jun 5, 2025 P-PLUMBING NONE "BASED ON COMMISSIONER'S SUSPENSION NOTIFICATION INTENDS TO REVOKE ALL PLUMBING APPROVALS AND PERMIT ISSUED UND…"
  • Aug 3, 2021 BENCH-FAILURE TO BENCHMARK NONE "FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4"
Building (PLUTO)
Built 1988 (38 years old)
Building Class RM (Condo)
48 floors · 232 units
200,417 sqft building on 11,924 sqft lot
Owner: HIGHPOINT CONDOMINIUM
Parking
5 garages within 800m · est. monthly: $400-600/mo
Top 3 closest:
  • 245 EAST 40TH ST. PARKING LLC 747 2 AVENUE · 43m · $400-600/mo
  • ENTERPRISE 40TH PARKING CORP. 315 E 40TH ST · 67m · $400-600/mo
  • NEW ENGLAND ORTHOTIC AND PROSTHETIC SYSTEMS, LLC 235 E 38TH ST · 148m · $400-600/mo
Schools
Closest: The River School · Elementary · Pre-K-5 · 6 min walk (476m) · District 2
Elementary: 5 · Middle: 4 · High: 5 · Total: 15 within 1.6km
Top elementary by walk:
  • The River School Pre-K-5 · 6 min
  • P.S. 116 Mary Lindley Murray K-5 · 7 min
ⓘ Data current as of 2019-2020 (NYC dataset historical)
Subway / Transit
2 stations within 800m · 5 unique lines · 6 min walk to closest
Lines: 4 · 5 · 6 · 7 · S
Top 2 closest:
  • Grand Central-42 St (4,5,6,7,S) 501m · 6 min walk
  • 33 St (6) 763m · 10 min walk
Neighborhood Amenities
A
atms 13cafes 80total 401fastFood 119pharmacies 10convenience 37restaurants 146supermarkets 9
Price vs ZIP Median
Median rent in ZIP 10016: $3,321/mo
Source: ACS 5-Year 2019-2023. Reflects existing leases, not current asking prices.
Affordability
Median household income in ZIP 10016: $153,065/yr ($12,755/mo)
Recommended max rent (30% rule): $3,827/mo
ZIP median rent: $3,321/mo
Affordable here: median rent fits within the 30% rule for the median household.
Source: ACS 5-Year 2019-2023.
Listing-Specific
This building report wasn't generated from a specific listing, so there's no per-unit pricing or fee breakdown to show. Use the search box on the home page with an address + listed rent to get a listing-specific verdict.
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Generated today · Click ↻ to refresh data · Public records: NYC Open Data, MTA, JustFix WoW; neighborhood amenities © OpenStreetMap contributors (ODbL)