NY Property Records

40 West 38 Street
Manhattan · New York County · 10018

05 · Commercial & OfficeSold $15,350,000 · Jul 2016 ↗
Owner of record
OwnerSarco Realty LLC
Assessment · 2025 roll
Land assessed$540,000
Total assessed$1,113,300
Est. annual tax$119,813 (2027, excl. special districts)
Building
StyleSemi-Fireproof
Year built1930
Lot
Size0.05 acres (GIS)
Frontage × depth21 × 99 ft
Lot sq ft2,074
Zoning
DistrictM1-9A/R12
Special districtMSX
FAR5.46 built · 15.0 max residential · 15.0 max commercial · 15.0 max facility
Zoning map8d
Recorded documents · 27
MORTGAGE $1,341,438 Aug 26, 2021
mortgagor/borrower Filco Realty LLC; Regent 33rd Realty Corp +1
mortgagee/lender Dime Community Bank
View on ACRIS ↗
AGREEMENT $37,000,000 Aug 26, 2021
party 1 Filco Realty LLC; Regent 33rd Realty Corp +1
party 2 Dime Community Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $37,500,000 Aug 26, 2021
assignor Filco Realty LLC; Regent 33rd Realty Corp +1
assignee Dime Community Bank
View on ACRIS ↗
Show all 27
TERMINATION OF ASSIGN OF L&R Aug 26, 2021
party one Bank Leumi Usa
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Aug 26, 2021
party one Bank Leumi Usa
party two Haslacha 26 LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Aug 26, 2021
assignor/old lender Bank Leumi Usa
assignee/new lender Dime Community Bank
View on ACRIS ↗
AGREEMENT $40,000,000 Jun 27, 2019
party 1 Bank Leumi Usa
party 2 Filco Realty LLC; Regent 33rd Realty Corp. +1
View on ACRIS ↗
DEED May 3, 2019
grantor/seller Regent 33rd Realty Corp.
grantee/buyer Sarco Realty LLC
View on ACRIS ↗
MORTGAGE AND CONSOLIDATION $40,000,000 Jul 15, 2016
mortgagor Regent 33rd Realty Corp
mortgagee Bank Leumi Usa; Bank Leumi, Usa
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $40,000,000 Jul 15, 2016
assignor Regent 33rd Realty Corp
assignee Bank Leumi Usa; Bank Leumi, Usa
View on ACRIS ↗
DEED $15,350,000 Jul 15, 2016
grantor/seller Second Associates, LLC.
grantee/buyer Regent 33rd Realty Corp.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jul 15, 2016
assignor/old lender Santander Bank, N.A.; Sovereign Bank Bank +1
assignee/new lender Bank Leumi Usa; Bank Leumi, Usa
View on ACRIS ↗
MORTGAGE $808,908 Feb 25, 2013
mortgagor/borrower Second Associates, LLC
mortgagee/lender Sovereign Bank, N.A.
View on ACRIS ↗
AGREEMENT $1,800,000 Feb 25, 2013
party 1 Second Associates, LLC
party 2 Independence Community Bank; Sovereign Bank +1
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Feb 25, 2013
party one Independence Community Bank; Sovereign Bank +1
View on ACRIS ↗
MORTGAGE $1,250,000 Jul 28, 2004
mortgagor/borrower Second Associates LLC
mortgagee/lender Independence Community Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS Jul 28, 2004
assignor Independence Community Bank
assignee Second Associates LLC
View on ACRIS ↗
DEED Jun 1, 2000
grantor/seller 3840 Associates, L.L.C.
grantee/buyer Second Associates, L.L.C.
View on ACRIS ↗
SATISFACTION OF MORTGAGE Jun 1, 2000
mortgager/borrower 3840 Associates
mortgagee/lender Bowery Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 1, 1990
assignor/old lender Bowery Savings Bank
assignee/new lender White Horse S&L Assn
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 1, 1990
assignor/old lender White Horse S&L Assn
assignee/new lender First Fidelity Bank,Na
View on ACRIS ↗
MORTGAGE $1,100,000 Jun 5, 1985
mortgagor/borrower 3840 Associates
mortgagee/lender Bowery Savings Bank
View on ACRIS ↗
AGREEMENT Aug 3, 1981
party 1 3840 Associates
party 2 Manko, Muriel
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Aug 3, 1981
assignor/old lender Berch, Barnett
assignee/new lender Manko, Muriel
View on ACRIS ↗
DEED Jul 23, 1981
grantor/seller Terr Hope Realty Corp
grantee/buyer 3840 Associates
View on ACRIS ↗
DEED Apr 12, 1968
grantor/seller Birch, Barnett
grantee/buyer Terr-Hope Realty Corp
View on ACRIS ↗
MORTGAGE Apr 12, 1968
mortgagor/borrower Terr-Hope Realty Corp
mortgagee/lender Birch, Barnett
View on ACRIS ↗
DOB violations — total 24 · open 3 · dismissed 9
Boiler Dismissed Jun 30, 2023
VIOLATION ISSUED-FAILURE TO FILE 2021 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Dismissed Apr 25, 2023
VIOLATION ISSUED-FAILURE TO FILE 2022 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Aug 19, 2021
BIS ↗
Show all 24
E-ELEVATOR ELEVATORREQUIRED Resolved Aug 17, 2020
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Jul 15, 2019
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Sep 10, 2018
BIS ↗
Elevators Dismissed Nov 14, 2016
VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2014 CAT 1 INSP/TST
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 28, 2015
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 29, 2014
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jun 17, 2013
BIS ↗
AEUHAZ Dismissed Jun 1, 2011
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Dec 20, 2010
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved May 17, 2010
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jun 2, 2008
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 16, 2007
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Active Sep 29, 2006
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Sep 29, 2006
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jan 6, 2006
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Sep 9, 2005
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Jan 31, 2005
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Aug 16, 2004
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Sep 16, 1997
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Dismissed Nov 28, 1995
BIS ↗
B-BOILER BOILER OPTIONAL Dismissed May 11, 1990
24A/32 BREECHING PIPE NOT PROPERLY SEALED AT BASE OF CHIMNEY
BIS ↗
DOB complaints — total 14 · open 1 · closed 13
Adult establishment Active Oct 28, 2025
Complaint 1708477
View on BIS ↗
Permit – none (building/PA/demolition) Closed Dec 29, 2023
Complaint 1656801
View on BIS ↗
Adult establishment Closed Dec 21, 2023
Complaint 1656274
View on BIS ↗
Show all 14
Category 6S Closed Sep 4, 2020
Complaint 1552116
View on BIS ↗
Category 6S Closed Oct 25, 2018
Complaint 1493391
View on BIS ↗
Elevator – dangerous condition/shaft open/unguarded Closed Aug 23, 2017
Complaint 1458583
View on BIS ↗
Elevator – dangerous condition/shaft open/unguarded Closed Jul 22, 2017
Complaint 1455928
View on BIS ↗
Category 4S Closed Jul 22, 2016
Complaint 1428970
View on BIS ↗
Failure to maintain Closed Sep 2, 2014
Complaint 1379061
View on BIS ↗
Egress – locked/blocked/improper/none Closed Aug 7, 2014
Complaint 1377496
View on BIS ↗
Elevator – dangerous condition/shaft open/unguarded Closed Jun 23, 2014
Complaint 1374313
View on BIS ↗
Elevator – dangerous condition/shaft open/unguarded Closed Jun 19, 2014
Complaint 1374073
View on BIS ↗
Elevator – dangerous condition/shaft open/unguarded Closed Jun 12, 2014
Complaint 1373575
View on BIS ↗
Debris/building – falling or danger of falling Closed Feb 28, 2011
Complaint 1298113
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL1008390069
SWIS620100
Parcel ID6201001008390069

Who owns 40 West 38 Street?

40 West 38 Street, Manhattan is owned by Sarco Realty LLC per the 2025 NYS assessment roll. It last sold for $15,350,000 in Jul 2016.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

Search by name or address · Browse all records