Is 540 40th St rent stabilized?
540 40th St is a registered NYC rent-stabilized building in Sunset Park (Central), Brooklyn (11232). It has about 19 apartments, built in 1911.
Also written as 540 40th Street — or 540 40th St, Brooklyn, NY 11232.
How this building compares
With about 19 apartments it is larger than 89% of the 382 rent-stabilized buildings this site tracks in Sunset Park (Central). Its 1911 construction date sits close to the 1923 median for stabilized buildings tracked in the neighborhood. HPD lists 4 open violations here, about one for every 5 apartments — below the 0.8 per apartment median for tracked buildings in the neighborhood. Of the 114 violations on record at the address, 10 are class C — HPD's immediately hazardous grade, and 4 of them are still open. HPD issued 55 new violations at the address in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Sunset Park (Central) |
| ZIP | 11232 |
| Year built | 1911 |
| Apartments | 19 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 3009170021 |
Owner & management
| Owner | YMS REALTY CORP 2047 53 #1 FL · BKLYN, NY 11204 |
| Managing agent | YMS REALTY CORP |
Building conditions
| HPD violations | 4 open / 114 total · 55 in last 12 mo |
| HPD complaints | 0 open / 269 total |
| HPD registration last filed | December 16, 2025 |
Full building report — $9
Frequently asked questions
Is 540 40th St rent stabilized?
540 40th St in Sunset Park (Central), Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization code is MULTIPLE DWELLING A. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 540 40th St?
540 40th St (BBL 3009170021) has about 19 residential apartments and was built in 1911, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.
Other rent-stabilized buildings in Sunset Park (Central)
See all in Sunset Park (Central) →