Is 305 E 40th St rent stabilized?
305 E 40th St is a registered NYC rent-stabilized building in Murray Hill-Kips Bay, Manhattan (10016). It has about 359 apartments, built in 1963.
Also written as 305 East 40th Street — or 305 E 40th St, Manhattan, NY 10016.
How this building compares
With about 359 apartments it is larger than 95% of the 346 rent-stabilized buildings this site tracks in Murray Hill-Kips Bay. It went up in 1963, 43 years after the 1920 median for stabilized buildings tracked in the neighborhood. HPD lists 7 open violations here, about one for every 51 apartments — below the one for every 9 apartments median for tracked buildings in the neighborhood. Of the 31 violations on record at the address, 6 are class C — HPD's immediately hazardous grade, and 3 of them are still open. HPD issued 8 new violations at the address in the last twelve months.
Building details
| Borough | Manhattan |
| Neighborhood | Murray Hill-Kips Bay |
| ZIP | 10016 |
| Year built | 1963 |
| Apartments | 359 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A, NON-EVICT COOP/CONDO |
| BBL | 1013330001 |
Owner & management
| Owner | 305 East 40th Owners Corp. 99 Park Avenue #14th F · New York, NY 10016 |
| Managing agent | AKAM ASSOCIATES, INC. |
Building conditions
| HPD violations | 7 open / 31 total · 8 in last 12 mo |
| HPD complaints | 1 open / 49 total |
| HPD registration last filed | August 27, 2025 |
Full building report — $9
Frequently asked questions
Is 305 E 40th St rent stabilized?
305 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 NON-EVICT COOP/CONDO. 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 305 E 40th St?
305 E 40th St (BBL 1013330001) has about 359 residential apartments and was built in 1963, 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
See all in Murray Hill-Kips Bay →