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Is 242 E 40th St rent stabilized?

242 E 40th St is a registered NYC rent-stabilized building in Murray Hill-Kips Bay, Manhattan (10016). It has about 7 apartments, built in 1920.

Also written as 242 East 40th Street — or 242 E 40th St, Manhattan, NY 10016.

How this building compares

With about 7 apartments it is smaller than 87% of the 346 rent-stabilized buildings this site tracks in Murray Hill-Kips Bay. HPD lists no open violations at this address — one of 96 such buildings among the 350 this site tracks in the neighborhood. HPD issued 1 new violation at the address in the last twelve months. Tenants have filed 7 HPD complaints at the address, none of them in the last twelve months.

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Building details

BoroughManhattan
NeighborhoodMurray Hill-Kips Bay
ZIP10016
Year built1920
Apartments7
Rent-stabilizedYes — DHCR registered
Stabilization codeMULTIPLE DWELLING A, GARDEN COMPLEX
BBL1009200041

Owner & management

OwnerGRAND CENTRAL 888 INC
212-35 42ND AVE #610009 · BAYSIDE, NY 11361
Managing agentGRAND CENTAL 888 INC

Building conditions

HPD violations0 open / 3 total · 1 in last 12 mo
HPD complaints0 open / 7 total
HPD registration last filedAugust 25, 2025

Full building report — $9

📄 Get the full building report — $9. How this building's violation record compares citywide, who owns it and what else they own, and a pre-filled DHCR rent-history request. One-time, no account needed. The report also states plainly what the data cannot tell you. Get the report for 242 E 40th St →

Frequently asked questions

Is 242 E 40th St rent stabilized?

242 E 40th St in Murray Hill-Kips Bay, Manhattan is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization codes are MULTIPLE DWELLING A and GARDEN COMPLEX. 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 242 E 40th St?

242 E 40th St (BBL 1009200041) has about 7 residential apartments and was built in 1920, 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 Murray Hill-Kips Bay

245 E 39th St243 E 39th St239 E 39th St204 To 210 E 39th St235 E 39th St200 E 39th St232 E 40th St223 To 233 E 39th St245 E 40th St763 To 765 2nd Ave202 To 204 E 42nd St222 E 44th St

See all in Murray Hill-Kips Bay →

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