121 East 144 Street
Analysis
The property’s new construction, strong market valuation, and clean penalty record are positives, but the over‑built condition limits future expansion and drives a medium risk rating.
The good
- Built in 2021, so the structure is brand‑new and likely has modern systems.
- Market value on record ($38,414,000) far exceeds assessed value, indicating strong upside potential.
- No enforcement or safety violation penalties and no legal proceedings, reducing hidden cost risk.
- Not on a tax‑lien list and annual tax estimate is clearly stated, showing clear tax status.
The bad
- Construction exceeds the residential floor‑area limit, meaning the building is over‑built and cannot be expanded.
- Three open violations exist, indicating compliance issues that may need attention.
- Risk rating is medium, driven by the over‑built status despite other positives.
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 9.40, against a residential limit of 6.02 — it is over that limit by 3.38. 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 3 violations are currently open across 206 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 6 Jan 2021 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 3,336.0% across the 5 assessment years on record (2023 to 2027), standing at $17,286,300. 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 | 9.40 |
|---|---|
| Residential limit | 6.02 |
| Commercial limit | 2.00 |
| Community-facility limit | 6.50 |
Development headroom (calculated) calculated
| Highest permitted ratio | 6.50 |
|---|---|
| Unused ratio | -2.90 |
| Unused buildable area | — |
| Lot area | 24,235 sq ft |
Value & taxes
Assessment
| Assessed total | $17,286,300 |
|---|---|
| Assessed land | $503,100 |
| Assessed building | $16,783,200 |
| Market value on record | $38,414,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $17,286,300 |
| Tax rate | 12.502% |
| Estimated annual levy | $2,161,133.23 |
| Tax exemption (assessed value) | 421-a — $16,869,150 (through 2060) |
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 | $17,286,300 | — |
| 2026 | $17,330,850 | -0.3% |
| 2025 | $16,966,350 | +2.1% |
| 2024 | $15,468,750 | +9.7% |
| 2023 | $503,100 | +2,974.7% |
Building & occupancy
Structure
| Year built | 2021 |
|---|---|
| Floors | 11 |
| Building area | 227,705 sq ft |
| Residential area | 198,306 sq ft |
| Commercial area | 29,399 sq ft |
Occupancy
| Total units | 207 |
|---|---|
| Residential units | 206 |
| Rent-stabilized | 71 |
| Free Market / Other | 135 |
| Storefronts | 2 |
| Residential Avg unit size | 963 sq ft (calculated) |
| Commercial Avg unit size | 29,399 sq ft (calculated) |
| Building class | D7 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | 149 St-Grand Concourse (4) — 0.14 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, noise |
| Cleanup site | Environmental cleanup site (completed) |
| City emergency repairs | 1 orders — $340 billed (through 2026) |
| Evictions on record | 1 (most recent 2025) |
Energy & emissions
| Energy use intensity | 16.2 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 414 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 444 Gerard Avenue | 2020-12-31 | $12,230,000 | 3,456 | $3,539 |
Record activity
Compliance calculated
| Open violations | 3 |
|---|---|
| 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 | 131 |
|---|---|
| Permits / alterations | 16 |
| Recorded documents | 41 |
| 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 | 414 Gerard Owner LLC |
|---|---|
| Parcel | 2023500001 |
| Block | 2350 |
| Lot | 1 |
| Mortgage on record | $218,600,000 (2024) — Jll Real Estate Capital, LLC |
| Fixture liens | 2 active fixture liens |
Last recorded transfer
| Date | 6 Jan 2021 |
|---|---|
| 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 |
|---|---|---|---|---|---|
| 29 May 2026 | Housing | A | NOV SENT OUT | — | 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CHALKING AROUND BATHTUB IN THE BATHROOM LOCATED AT APT 1019, 10th STORY, 3rd APARTMENT FROM SOUTH AT WEST |
| 29 May 2026 | Housing | A | NOV SENT OUT | — | 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING. AT PUBLIC HALL, 1st STORY |
| 20 Apr 2026 | Housing | A | NOV SENT OUT | — | 27-2104(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/Housing/SERVICES-AND-INFOR |
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 |
|---|---|---|---|---|
| 4 Aug 2026 | ELECTRIC/GAS RANGE | APPLIANCE | Open | — |
| 3 Aug 2026 | Trash | Dirty Condition | Closed | 4 Aug 2026 |
| 31 Jul 2026 | Blocked Crosswalk | Illegal Parking | Closed | 31 Jul 2026 |
| 29 Jul 2026 | Blocked Crosswalk | Illegal Parking | Closed | 29 Jul 2026 |
| 11 Jul 2026 | Trash | Dirty Condition | Closed | 14 Jul 2026 |
| 11 Jul 2026 | Stop | Street Sign - Missing | Closed | 13 Jul 2026 |
| 8 Jul 2026 | Trash | Dirty Condition | Closed | 13 Jul 2026 |
| 5 Jul 2026 | SEWAGE | UNSANITARY CONDITION | Open | — |
| 2 Jul 2026 | Boiler - Defective/Inoperative/No Permit | Boilers | Closed | 21 Jul 2026 |
| 29 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 30 Jun 2026 |
| 20 Jun 2026 | Car/Truck Horn | Noise - Vehicle | Closed | 20 Jun 2026 |
| 15 Jun 2026 | Chronic Dumping | Illegal Dumping | Closed | 17 Jun 2026 |
| 12 Jun 2026 | Dirty Water (WE | Water System | Closed | 12 Jun 2026 |
| 12 Jun 2026 | Dirty Water (WE | Water System | Closed | 12 Jun 2026 |
| 12 Jun 2026 | WATER SUPPLY | PLUMBING | Closed | 16 Jun 2026 |
| 12 Jun 2026 | WATER SUPPLY | PLUMBING | Closed | 16 Jun 2026 |
| 12 Jun 2026 | Dirty Water (WE | Water System | Closed | 12 Jun 2026 |
| 11 Jun 2026 | Dirty Water (WE | Water System | Closed | 14 Jun 2026 |
| 11 Jun 2026 | Blocked Crosswalk | Illegal Parking | Closed | 11 Jun 2026 |
| 9 Jun 2026 | Blocked Crosswalk | Illegal Parking | Closed | 9 Jun 2026 |
| 23 May 2026 | MOLD | UNSANITARY CONDITION | Closed | 28 May 2026 |
| 18 May 2026 | Removal Request | Illegal Dumping | Closed | 19 May 2026 |
| 17 Apr 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 18 Apr 2026 |
| 17 Apr 2026 | VENTILATION SYSTEM | GENERAL | Closed | 28 May 2026 |
| 6 Mar 2026 | SEWAGE | UNSANITARY CONDITION | Closed | 8 Mar 2026 |
| 5 Mar 2026 | JANITOR/SUPER | GENERAL | Closed | 12 Mar 2026 |
| 5 Mar 2026 | SIGNAGE MISSING | GENERAL | Closed | 18 Apr 2026 |
| 5 Mar 2026 | BASIN/SINK | PLUMBING | Closed | 30 Apr 2026 |
| 27 Feb 2026 | Sidewalk | Snow or Ice | Closed | 28 Feb 2026 |
| 25 Feb 2026 | Sidewalk | Snow or Ice | Closed | 26 Feb 2026 |
| 24 Feb 2026 | Trash | Dirty Condition | Closed | 26 Feb 2026 |
| 24 Feb 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 25 Feb 2026 |
| 24 Feb 2026 | Sidewalk | Snow or Ice | Closed | 26 Feb 2026 |
| 24 Feb 2026 | Sidewalk | Snow or Ice | Closed | 27 Feb 2026 |
| 24 Feb 2026 | Sidewalk | Snow or Ice | Closed | 26 Feb 2026 |
| 23 Feb 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 25 Feb 2026 |
| 15 Feb 2026 | VENTILATION SYSTEM | GENERAL | Closed | 19 Apr 2026 |
| 15 Feb 2026 | MOLD | UNSANITARY CONDITION | Closed | 19 Apr 2026 |
| 12 Feb 2026 | Dog Waste | Dirty Condition | Closed | 13 Feb 2026 |
| 3 Feb 2026 | Electrical Wiring Defective/Exposed | Electrical | Closed | 19 Feb 2026 |
| 30 Jan 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 1 Feb 2026 |
| 30 Jan 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Open | — |
| 28 Jan 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 28 Jan 2026 |
| 5 Jan 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 6 Jan 2026 |
| 19 Dec 2025 | GARBAGE/RECYCLING STORAGE | UNSANITARY CONDITION | Closed | 18 Apr 2026 |
| 7 Oct 2025 | Removal Request | Illegal Dumping | Closed | 11 Oct 2025 |
| 29 Aug 2025 | Double Parked Blocking Vehicle | Illegal Parking | Closed | 29 Aug 2025 |
| 28 Aug 2025 | MOLD | UNSANITARY CONDITION | Closed | 12 Sep 2025 |
| 13 Aug 2025 | No Access | Blocked Driveway | Closed | 13 Aug 2025 |
| 29 Jul 2025 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 30 Jul 2025 |
Showing the 50 most recent of 131. The full set is available in the interactive report.
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 |
|---|---|---|---|
| 15 Oct 2025 | General Construction | Signed-off | IT IS PROPOSED TO RENOVATE TWO COMMERCIAL SPACES ON THE FIRST FLOOR AND CELLAR AND INSTALL A NEW CONVENIENCE STAIR AS SHOWN ON PLANS. NO CHANGE TO USE EGRESS OR OCCUPANCY. THIS APPLICATION IS FILED IN-CONJUNCTION WITH NB APPL. 220613735 |
| 15 Oct 2025 | Structural | Signed-off | STRUCTURAL WORK TO RENOVATE TWO COMMERCIAL SPACES ON THE FIRST FLOOR AND CELLAR AND INSTALL A NEW CONVENIENCE STAIR AS SHOWN ON PLANS. NO CHANGE TO USE EGRESS OR OCCUPANCY. THIS APPLICATION IS FILED IN-CONJUNCTION WITH NB APPL. 220613735 |
| 17 Jun 2025 | Curb Cut | Signed-off | IT IS PROPOSED TO INSTALL A NEW CURB CUT FILED IN CONJUNCTION WITH NB APPL 220613735 |
| 3 May 2023 | A2 | ISSUED | — |
| 15 Feb 2023 | Construction Fence | Signed-off | INSTALLATION OF CONSTRUCTION FENCE AS PER DRAWINGS. CONSTRUCTION FENCE SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION.. DOT PERMITS BY OTHERS FOR FENCE INSTALLED ON SIDEWALK / ROADWAY |
| 28 Sep 2022 | Sidewalk Shed | Signed-off | INSTALLATION OF HEAVY DUTY SIDEWALK SHED DURING NB CONST, FILED SEP. SIDEWALK SHED SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. SHED LEGS ON ROADWAY. DOT PERMITS BY OTHERS |
| 28 Sep 2022 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF DUAL 6000# CAPACITY PERSONNEL/MATERIAL HOISTS DURING NB CONST FILED SEP. HOISTS SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. ELEV APPL SUB TO ELEV DEPT |
| 10 Jun 2022 | Standpipe | Signed-off | IT IS PROPOSED TO FILE FOR TEMP STANDPIPE WORK AS SHOWN ON PLANS. THIS APPLICATION IS FILED IN CONJUNCTION WITH NB APPLICATION 220613735 |
| 15 Feb 2022 | Standpipe | Signed-off | IT IS PROPOSED TO FILE FOR SPRINKLER & STANDPIPE WORK IN-CONJUNCTION WITH NB APPL. 220613735. SEE COMMENTS BELOW REGARDING FEES |
| 26 Jan 2022 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY NETTING AS PER DRAWINGS. TEMPORARY NETTING SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION |
| 2 Dec 2021 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY ROOF PROTECTION AT ADJACENT PROPERTY DURING NEW BLDG CONST, FILED SEP. ROOF PROTECTION SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION |
| 30 Nov 2021 | Supported Scaffold | Signed-off | INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 21 Sep 2021 | NB | ISSUED | — |
| 22 Jan 2021 | DM | ISSUED | — |
| 26 Dec 2018 | DM | ISSUED | — |
| 22 Jun 2018 | Construction Fence | Signed-off | Installation of temporary plywood construction fence |
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 |
|---|---|---|---|---|
| 30 Mar 2026 | Agreement | — | — | — |
| 7 Jan 2025 | Agreement | — | — | — |
| 7 Jan 2025 | Mortgage | $218,600,000 | — | — |
| 7 Jan 2025 | Assignment | — | — | — |
| 17 Jun 2024 | DECL | — | — | — |
| 25 Apr 2023 | Agreement | — | — | — |
| 7 Feb 2022 | SMIS | — | — | — |
| 7 Jul 2021 | Agreement | — | — | — |
| 23 Feb 2021 | CERT | — | — | — |
| 23 Feb 2021 | ZONE | — | — | — |
| 6 Jan 2021 | Deed | — | — | — |
| 6 Jan 2021 | Agreement | — | — | — |
| 6 Jan 2021 | Satisfaction of mortgage | — | — | — |
| 6 Jan 2021 | TL&R | — | — | — |
| 6 Jan 2021 | TL&R | — | — | — |
| 26 Nov 2019 | CERT | — | — | — |
| 26 Nov 2019 | ZONE | — | — | — |
| 14 Aug 2019 | Agreement | $24,225,000 | — | — |
| 14 Aug 2019 | AL&R | $24,225,000 | — | — |
| 14 Aug 2019 | Mortgage | $3,050,000 | — | — |
| 29 Apr 2019 | Agreement | $21,175,000 | — | — |
| 29 Apr 2019 | AL&R | $21,175,000 | — | — |
| 29 Apr 2019 | Assignment | — | — | — |
| 29 Apr 2019 | Deed | $11,550,000 | — | — |
| 29 Apr 2019 | Mortgage | $18,175,000 | — | — |
| 29 Apr 2019 | TL&R | — | — | — |
| 30 Nov 2017 | AL&R | $3,000,000 | — | — |
| 30 Nov 2017 | Mortgage | $3,000,000 | — | — |
| 3 Feb 2016 | Deed | $6,000,000 | — | — |
| 3 Feb 2016 | Assignment | — | — | — |
| 3 Feb 2016 | Satisfaction of mortgage | — | — | — |
| 25 Aug 2009 | TLS | — | — | — |
| 16 Mar 2009 | Agreement | — | — | — |
| 21 Apr 2006 | Agreement | $213,833 | — | — |
| 20 Dec 1993 | Assignment | — | — | — |
| 20 Dec 1993 | Assignment | — | — | — |
| 20 Dec 1993 | Assignment | — | — | — |
| 28 Aug 1985 | Assignment | — | — | — |
| 12 Oct 1984 | Deed | — | — | — |
| 12 Oct 1984 | Mortgage | $200,000 | — | — |
| 12 Oct 1984 | Satisfaction of mortgage | — | — | — |
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.