120 East 144 Street
Analysis
The building’s valuation looks strong, but the over‑built residential floor area and lack of a recent arm‑length sale create notable risk and tax exposure.
The good
- Zero open violations and zero enforcement or safety penalties indicate no immediate compliance costs.
- Market value on record of $67,563,000 far exceeds the assessed value of $30,403,350, suggesting strong valuation upside.
- A high number of permits (40) shows recent activity and likely recent upgrades or improvements.
The bad
- Built beyond the residential floor‑area limit (residential FAR 8.23 vs limit 6.02) triggers a medium risk rating.
- No arm‑length sale recorded (last sale price $0) means there is no recent market transaction to confirm price.
- Assessed value increased 981.2% and estimated annual tax of $3,780,976 indicate a heavy tax burden.
Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 8.23, against a residential limit of 6.02 — it is over that limit by 2.21. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.
A light open-violation load
Only 1 violation is currently open across 452 residential units, with $0.00 outstanding. For a building of this age that is a modest figure.
No arm's-length sale on record
The last recorded transfer is dated 11 Apr 2024 at a recorded price of $0. Transfers between related parties, estate settlements and corrective filings are legitimately recorded at nominal amounts, so this is neither an error nor a bargain — it means there is no usable sale price here, and every ratio derived from one (price per unit, price against assessed value) is therefore withheld rather than shown as zero.
Assessed value trend
Assessed value has risen 981.2% across the 5 assessment years on record (2023 to 2027), standing at $30,403,350. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.
Development & zoning
Floor-area ratio
| Built | 8.23 |
|---|---|
| Residential limit | 6.02 |
| Commercial limit | 2.00 |
| Community-facility limit | 6.50 |
Development headroom (calculated) calculated
| Highest permitted ratio | 6.50 |
|---|---|
| Unused ratio | -1.73 |
| Unused buildable area | — |
| Lot area | 44,541 sq ft |
Value & taxes
Assessment
| Assessed total | $30,403,350 |
|---|---|
| Assessed land | $781,650 |
| Assessed building | $29,621,700 |
| Market value on record | $67,563,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $30,242,970 |
| Tax rate | 12.502% |
| Estimated annual levy | $3,780,976.11 |
| Tax exemption (assessed value) | $81,900 (through 2024) |
The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|---|---|
| 2027 | $30,403,350 | — |
| 2026 | $21,953,700 | +38.5% |
| 2025 | $601,200 | +3,551.6% |
| 2024 | $3,285,000 | -81.7% |
| 2023 | $2,812,050 | +16.8% |
Building & occupancy
Structure
| Year built | 2024 |
|---|---|
| Floors | 13 |
| Building area | 366,596 sq ft |
| Residential area | 366,596 sq ft |
| Commercial area | 22,822 sq ft |
Occupancy
| Total units | 452 |
|---|---|
| Residential units | 452 |
| Storefronts | 1 |
| Residential Avg unit size | 811 sq ft (calculated) |
| Building class | D1 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | 149 St-Grand Concourse (4) — 0.18 mi |
|---|---|
| School district | 7 |
| Police precinct | 40 |
| Nearest firehouse | Battalion 14/Engine 60/Ladder 17 — 341 East 143 Street |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Zone 5 |
| Environmental restriction | Hazardous materials |
| Cleanup site | Environmental cleanup site (completed) |
Building compliance
| Elevator | Device removed |
|---|
Energy & emissions
| Energy use intensity | 1.2 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 49 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 261 Walton Avenue | 2026-02-19 | $29,660,410 | — | — |
| 301 Walton Ave | 2025-09-04 | $6,000,000 | — | — |
| 315 Grand Concourse | 2022-11-23 | $8,000,000 | 10,183 | $786 |
| 261 Grand Concourse | 2022-11-23 | $14,500,000 | — | — |
| 270 Walton Avenue | 2022-11-23 | $15,300,000 | 15,800 | $968 |
| 287 Walton Avenue | 2021-12-10 | $6,800,000 | 25,348 | $268 |
| 370 Gerard Ave | 2019-11-20 | $10,805,471 | 14,400 | $750 |
| 288 Walton Avenue | 2018-08-16 | $16,650,000 | 31,760 | $524 |
Record activity
Compliance calculated
| Open violations | 1 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $0.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 40 |
|---|---|
| Permits / alterations | 40 |
| Recorded documents | 47 |
| Legal proceedings | 0 |
Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | 120 East 144 Owner LLC |
|---|---|
| Parcel | 2023440112 |
| Block | 2344 |
| Lot | 112 |
| Mortgage on record | $25,000,000 (2026) — Vmc Cre Master Lending Upper Reit LLC — note assigned |
Last recorded transfer
| Date | 11 Apr 2024 |
|---|---|
| Recorded price | $0 |
| Price per unit | Not meaningful |
| Price vs assessed | Not meaningful |
Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
| Issued | Category | Class | Status | Amount due | Description |
|---|---|---|---|---|---|
| 18 Oct 2004 | Building | — | V-Building VIOLATION - ACTIVE | — | E-ELEVATOR ELEVATORREQUIRED |
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 5 Aug 2026 | Dirt or Gravel | Dirty Condition | Closed | 7 Aug 2026 |
| 4 Aug 2026 | Trash | Dirty Condition | Closed | 7 Aug 2026 |
| 24 Jul 2026 | Trash | Dirty Condition | Closed | 25 Jul 2026 |
| 15 Jul 2026 | Trash | Dirty Condition | Closed | 18 Jul 2026 |
| 12 Jun 2026 | Removal Request | Illegal Dumping | Closed | 15 Jun 2026 |
| 10 Jun 2026 | Blocked Sidewalk | Illegal Parking | Closed | 10 Jun 2026 |
| 1 Apr 2026 | Loud Talking | Noise - Street/Sidewalk | Closed | 1 Apr 2026 |
| 22 Jun 2025 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 22 Jun 2025 |
| 22 Jun 2025 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 22 Jun 2025 |
| 28 May 2025 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 28 May 2025 |
| 9 May 2025 | Trash | Dirty Condition | Closed | 9 May 2025 |
| 4 May 2025 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 4 May 2025 |
| 14 Feb 2025 | Engine Idling | Noise - Vehicle | Closed | 15 Feb 2025 |
| 3 Feb 2025 | Trash | Dirty Condition | Closed | 4 Feb 2025 |
| 27 Jan 2025 | Trash | Dirty Condition | Closed | 28 Jan 2025 |
| 15 Aug 2024 | Food Vendor | Vendor Enforcement | Closed | 15 Aug 2024 |
| 5 Aug 2024 | Posted Parking Sign Violation | Illegal Parking | Closed | 6 Aug 2024 |
| 11 Jun 2024 | After Hours Work - Illegal | Emergency Response Team (ERT | Closed | 13 Jun 2024 |
| 19 May 2024 | Banging/Pounding | Noise - Commercial | Closed | 19 May 2024 |
| 15 May 2024 | Engine Idling | Noise - Vehicle | Closed | 16 May 2024 |
| 8 May 2024 | Posted Parking Sign Violation | Illegal Parking | Closed | 8 May 2024 |
| 23 Feb 2024 | Engine Idling | Noise - Vehicle | Closed | 23 Feb 2024 |
| 11 Sep 2023 | Banging/Pounding | Noise - Commercial | Closed | 11 Sep 2023 |
| 9 Aug 2023 | Engine Idling | Noise - Vehicle | Closed | 9 Aug 2023 |
| 17 Jan 2023 | Loud Music/Party | Noise - Residential | Closed | 17 Jan 2023 |
| 11 Jan 2023 | Other/Unknown | Street Sign - Missing | Closed | 15 May 2023 |
| 21 Dec 2022 | Asbestos Complaint (B1 | Asbestos | Closed | 22 Dec 2022 |
| 22 Oct 2022 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 22 Oct 2022 |
| 22 Aug 2022 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 22 Aug 2022 |
| 20 Aug 2022 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 20 Aug 2022 |
| 14 Aug 2022 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 14 Aug 2022 |
| 31 Jul 2022 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 31 Jul 2022 |
| 23 Jul 2022 | MAINTENANCE | ELEVATOR | Closed | 21 Aug 2022 |
| 12 Jul 2022 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 12 Jul 2022 |
| 14 Feb 2022 | Banging/Pounding | Noise - Residential | Closed | 14 Feb 2022 |
| 10 Feb 2022 | Engine Idling | Noise - Vehicle | Closed | 10 Feb 2022 |
| 29 Jul 2020 | Police Report Not Requested | Graffiti | Closed | 29 Jul 2020 |
| 16 Jun 2020 | N/A | Homeless Person Assistance | Closed | 16 Jun 2020 |
| 21 May 2020 | Hydrant Defective (WC2 | Water System | Closed | 21 May 2020 |
| 4 Feb 2020 | Building Permit - None | General Construction/Plumbing | Closed | 25 Feb 2020 |
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
| Issued | Type | Status | Work |
|---|---|---|---|
| 26 Sep 2024 | Mechanical Systems | Signed-off | Mechanical application filed subsequent to NB GC, job number: X00648530-I1 |
| 26 Sep 2024 | Mechanical Systems | Signed-off | Mechanical (Generator) application filed subsequent to NB GC, job number: X00648530-i1 |
| 26 Sep 2024 | Curb Cut | Signed-off | Curb Cut application filed subsequent to NB GC, job number: X00648530-I1 |
| 26 Sep 2024 | Curb Cut | Signed-off | Curb Cut application filed subsequent to NB GC, job number: X00648530-I1 |
| 30 Aug 2024 | Boiler Equipment | Signed-off | Boiler Equipment (Fuel Storage) application filed subsequent to NB GC, job number: X00648530-I1 |
| 19 Aug 2024 | Sidewalk Shed | Signed-off | INSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 15 Aug 2024 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY PERSONNEL MATERIAL HOIST AS PER PLANS. NO CHANGE IN USE, EGRESS OROCCUPANCY |
| 13 Aug 2024 | General Construction | Permit Issued | Proposed thirteen (13) story + cellar residential building |
| 21 May 2024 | Standpipe | Signed-off | SP / SD application filed subsequent to NB GC, job number: X00648530-I1 |
| 21 May 2024 | Standpipe | Signed-off | Temp. Standpipe application filed subsequent to NB GC, job number: X00648530-I1 |
| 16 May 2024 | Protection and Mechanical Methods | Signed-off | Use of loading Platform as per plans filed herewith |
| 18 Apr 2024 | Protection and Mechanical Methods | Signed-off | Placing boom installation as per plans filed herewith. No change in use, egress or occupancy |
| 8 Mar 2024 | Structural | Signed-off | Structural application filed subsequent to NB GC, job number: X00648530-I1 |
| 4 Mar 2024 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY ROOF PROTECTION AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 22 Feb 2024 | Plumbing | Signed-off | Plumbing application filed subsequent to NB GC, job number: X00648530-I1 |
| 25 Jan 2024 | Support of Excavation | Signed-off | Support of Excavation application filed subsequent to NB GC, job number: X00648530-I1 |
| 23 Jan 2024 | Construction Fence | Signed-off | Installation of temporary construction fence filed subsequent to NB, job number: X00648530-I1 |
| 23 Jan 2024 | Foundation | Signed-off | Foundation / Earthwork application filed subsequent to NB GC, job number: X00648530-I1 |
| 27 Sep 2023 | Construction Fence | Signed-off | INSTALLATION OF CONSTRUCTION FENCE AS PER DRAWINGS DURING NB CONST (X00648530), FILED SEP. FENCE SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. FENCE INSTALLED ON SW/RDWY. DOT PERMITS BY OTHERS |
| 27 Sep 2023 | Supported Scaffold | Signed-off | TEMPORARY PIPE SCAFFOLD AS PER DRAWINGS. SCAFFOLD SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION |
| 21 Aug 2023 | Supported Scaffold | Signed-off | INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 2 Aug 2023 | DM | ISSUED | — |
| 9 May 2023 | Protection and Mechanical Methods | Signed-off | TEMPORARY ROOF PROTECTION AT ADJACENT PROPERTY DURING NB CONSTRUCTION, FILED SEP. TEMPORARY ROOF PROTECTION SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION |
| 17 Apr 2023 | General Construction | Signed-off | REMOVAL OF ROOFTOP STRUCTURES INCLUDING A METAL ADVERTISEMENT SIGN, WATER TANK, SUPPORTING FRAMING, (2) EXTRACTION SYSTEM UNITS, AND ROOFTOP CHIMNEY TO PREPARE BUILDING FOR FULL DEMOLITION. FULL BUILDING DEMO IS FILED SEPARATELY UNDER 220746012 |
| 2 Mar 2023 | Sidewalk Shed | Signed-off | INSTALLATION OF HEAVY DUTY SIDEWALK SHED DURING NB CONST (X00648530), FILED SEP. SIDEWALK SHED SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. SHED INSTALLED ON ROADWAY. DOT PERMITS BY OTHERS |
| 23 Dec 2022 | Standpipe | Signed-off | PROPOSED TO CUT N CAP STANDPIPE SYSTEM IN CONJUNCTION WITH DEMO JOB # 220746012. NO CHANGE TO USE EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 28 Nov 2022 | Sprinklers | Signed-off | PROPOSED TO CAP AND REMOVE SPRINKLER SYSTEM IN CONJUNCTION WITH FULL DEMO JOB # 220746012. NO CHANGE TO USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 2 Oct 2017 | A2 | ISSUED | — |
| 14 Sep 2017 | A2 | ISSUED | — |
| 11 Dec 2015 | SG | ISSUED | — |
| 26 Aug 2015 | A2 | ISSUED | — |
| 18 Oct 2006 | A2 | ISSUED | — |
| 18 Oct 2006 | A2 | ISSUED | — |
| 19 Oct 2004 | A2 | ISSUED | — |
| 19 Oct 2004 | A2 | ISSUED | — |
| 18 Dec 1997 | A2 | ISSUED | — |
| 18 Dec 1997 | A2 | ISSUED | — |
| 18 Dec 1997 | A2 | ISSUED | — |
| 16 Oct 1997 | A2 | ISSUED | — |
| 16 Oct 1997 | A2 | ISSUED | — |
Recorded documents
Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.
| Recorded | Type | Amount | From | To |
|---|---|---|---|---|
| 10 Jun 2026 | AALR | — | — | — |
| 10 Jun 2026 | Assignment | — | — | — |
| 10 Jun 2026 | Assignment | — | — | — |
| 10 Jun 2026 | AALR | — | — | — |
| 1 Jun 2026 | Agreement | $175,000,000 | — | — |
| 1 Jun 2026 | AL&R | $175,000,000 | — | — |
| 1 Jun 2026 | Agreement | — | — | — |
| 1 Jun 2026 | Mortgage | $25,000,000 | — | — |
| 1 Jun 2026 | Assignment | — | — | — |
| 1 Jun 2026 | TL&R | — | — | — |
| 24 Dec 2024 | Agreement | — | — | — |
| 6 May 2024 | SUBM | — | — | — |
| 22 Apr 2024 | Mortgage | $93,064,379 | — | — |
| 22 Apr 2024 | AL&R | $24,515,621 | — | — |
| 22 Apr 2024 | AL&R | $93,064,379 | — | — |
| 22 Apr 2024 | Mortgage | $24,515,621 | — | — |
| 15 Apr 2024 | Agreement | $32,420,000 | — | — |
| 15 Apr 2024 | Mortgage | $3,420,000 | — | — |
| 15 Apr 2024 | AL&R | $32,420,000 | — | — |
| 11 Apr 2024 | Deed | — | — | — |
| 11 Apr 2024 | Assignment | — | — | — |
| 11 Apr 2024 | Assignment | — | — | — |
| 11 Apr 2024 | Agreement | — | — | — |
| 11 Apr 2024 | TL&R | — | — | — |
| 2 Nov 2022 | CERT | — | — | — |
| 11 Apr 2022 | Deed | $41,500,000 | — | — |
| 11 Apr 2022 | Mortgage | $29,000,000 | — | — |
| 11 Apr 2022 | Assignment | — | — | — |
| 11 Apr 2022 | AL&R | $29,000,000 | — | — |
| 17 Mar 2022 | ZONE | — | — | — |
| 22 Oct 2020 | Satisfaction of mortgage | — | — | — |
| 24 Dec 2002 | SAGE | — | — | — |
| 11 Apr 1997 | Deed | — | — | — |
| 11 Apr 1997 | Assignment | — | — | — |
| 11 Apr 1997 | Mortgage | $900,000 | — | — |
| 20 Oct 1992 | Deed | — | — | — |
| 20 Oct 1992 | Satisfaction of mortgage | — | — | — |
| 20 Oct 1992 | SAGE | — | — | — |
| 31 Dec 1979 | Mortgage | — | — | — |
| 31 Dec 1979 | Agreement | — | — | — |
| 31 Dec 1979 | Assignment | — | — | — |
| 31 Dec 1979 | Deed | — | — | — |
| 24 Sep 1979 | Deed | — | — | — |
| 17 Apr 1970 | Deed | — | — | — |
| 17 Apr 1970 | Deed | — | — | — |
| 17 Apr 1970 | Assignment | — | — | — |
| 17 Apr 1970 | Assignment | — | — | — |
About this page
Compiled from New York City public records — data retrieved 5 days ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.