301 East 40th Street

301 East 40th Street in Murray Hill, Manhattan, has 7 open HPD violations, 3 of them class C, and 16 of 359 units are rent-stabilized, as of Oct 26, 2026. StreetSpy grade: B (85/100).

Co-op · Multi-family elevator · 359 units · Built 1963

A cooperative: apartments are owned as shares, so a rental here is a sublet that usually needs board approval and may be limited to one or two years. Co-op units are not rent-stabilized.

StreetSpy grade: B (Good, 85/100)

• 3 immediately hazardous violations open (the class that covers no heat, pests, lead paint and similar).
• The owner's bedbug filings report 1 infested unit over the last 3 years.
• 16 of 359 units are rent-stabilized; 33 on the 2007 tax bill.

• Repairs: Low (7 open, 3 class C), records as of Oct 26, 2026
• Heat and hot water: No complaints, 12 mo, records as of Oct 25, 2026
• Pests: Medium (1 infested unit, 3 yr), records as of Oct 28, 2026
• Safety: Clear (4 open DOB violations), records as of Oct 26, 2026
• Registration: Renewal not yet in city data, records as of Oct 3, 2026

How the grade works

Housing code violations (HPD)

7 open violations: 3 class C (immediately hazardous), 1 class B, 3 class A. 8 issued in the last 12 months. 31 on record. Oldest open violation issued 1994-01-25. Newest violation issued 2026-06-05.

0 closed in the last 90 days. Median 178 days from issue to close for the 13 violations closed in the last 12 months.

• Class C: Lead paint hazard, kitchen, 5th floor. - CORRECT THE LEAD-BASED PAINT HAZARD - PAINT THAT TESTED POSITIVE FOR LEAD CONTENT AND THAT IS PEELING OR ON A DETERIORATED SUBSURFACE - USING WORK PRACTICES SET FORTH IN 28 RCNY §11-06(B)(2) EAST WALL, WEST WALL IN THE KITCHEN LOCATED AT APT 5R, 5th STORY, 1st APARTMENT FROM NORTH AT EAST (apt 5R), issued 2013-10-18. HPD violation 10008716
• Class C: No heat / heating defect (boiler room). PROPERLY REPAIR THE BROKEN OR DEFECTIVE BREECHING FROM BOILER ROOM TO CHIMNEY TO BE SEALED AT GARAGE 2 LEVEL., issued 1994-01-25. HPD violation 2310217
• Class C: Damaged plaster or paint, ceiling. PROPERLY REPAIR THE BROKEN OR DEFECTIVE OPENING AROUND ALL PIPING PENETRATION AT CEILING FOR 1 AND 2 LEVELS OF GARAGE., issued 1994-01-25. HPD violation 2310218
• Class B: Damaged plaster or paint, bathroom, 5th floor. REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR .. CEILING IN THE 1st BATHROOM LOCATED AT APT 5R, 5th STORY, 1st APARTMENT FROM NORTH AT EAST (apt 5R), issued 2013-10-18. HPD violation 10007221
• Class A: Floor or stair defect (hallway). , M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWEEN 48-62 INCHES ABOVE FLOOR MISSING AT PUBLIC HALL, 1st STORY, issued 2026-06-05. HPD violation 18977568
• Class A: Required notice or sign missing (entrance). (B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONSPICUOUS LOCATION WITHIN THE COMMON AREA AT THE BUILDINGS ENTRANCE. FOR MORE INFORMATION ABOUT SIGNAGE REQUIREMENTS, PLEASE VISIT: HTTPS://WWW.NYC.GOV/SITE/HPD/SERVICES-AND-INFORMATION/REQUIRED-SIGNAGE.PAGE, issued 2026-06-05. HPD violation 18977569
• Class A: Peeling paint or plaster, 2nd room from the north, 5th floor. PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT ALL PEELING PAINT SURFACES IN THE 1st PRIVATE HALLWAY , THE 2nd PRIVATE HALLWAY , THE 2nd ROOM FROM NORTH, THE 1st BATHROOM LOCATED AT APT 5R, 5th STORY, 1st APARTMENT FROM NORTH AT EAST (apt 5R), issued 2013-10-18. HPD violation 10008717

311 housing complaints

5 in the last 12 months, 20 in 5 years. Most common: Paint/Plaster (5).

Bedbugs

The owner reported 1 infested unit in the last 3 years. HPD's bedbug filings are self-reported by the owner once a year; HPD does not inspect to confirm them.

• 2026: No bedbug filing on record for this year
• 2025: Owner reported 0 infested units
• 2024: Owner reported 1 infested, 1 treated, 0 re-infested
• 2023: Owner reported 0 infested units
• 2022: Owner reported 0 infested units
• 2021: Owner reported 0 infested units

Buildings department (DOB)

4 open DOB violations. 12 DOB violations on record. Check on DOB BIS.

Evictions and housing court

0 executed evictions in the last 3 years (0 on record). 0 open HPD cases; 0 harassment findings.

Rent stabilization

16 of 359 units rent-stabilized as of 2024. Stabilized renewals: 0% for one year and 0% for two years under RGB Order #58 (Oct 1, 2026 to Sep 30, 2027).

Rent-stabilized units on city tax bills: 16 in 2024, 33 in 2007. Source: DOF tax bills for 2007 and 2024; years with no bill on file are left out.

Owner and management

Owner: 305 East 40th Owners Corp.. Head officer: Andrew Korman. Managing agent: AKAM ASSOCIATES, INC.. See the full portfolio.

Last HPD registration Aug 27, 2025. Registration on file through Sep 1, 2026; renewal not yet in the city's data.

Tax lot and city IDs

BBL 1013330001, HPD building ID 1539. HPD Online, ACRIS, DOB BIS.

Nearest subway

• Grand Central-42 St (7), 5 min walk
• Grand Central-42 St (4, 5, 6), 6 min walk
• Grand Central-42 St (S), 9 min walk

How the grade is calculated

Sources: NYC HPD Housing Maintenance Code Violations, NYC 311 Service Requests, NYC HPD Bedbug Reporting, NYC Marshal Evictions (DOI), NYC HPD Housing Litigations, NYC DOB Violations, NYC DOF tax bills (via JustFix Who Owns What portfolio API, v2), NYC HPD Property Registration. Methodology. Report generated 2026-10-28.