240 Livingston Street
Analysis
The property offers strong equity upside but is constrained by over‑building and compliance issues, making it a medium‑risk acquisition.
The good
- assessed value of $35,117,100 and market value on record of $78,038,000 suggest strong equity potential
- no enforcement penalties and no legal proceedings indicate no immediate regulatory disputes
- property is not on a tax‑lien list and has a sizable annual tax bill reflecting a high valuation
- large average unit size of 8,524 sq ft points to premium‑scale apartments
The bad
- building is over‑built for residential use, exceeding the residential floor‑area limit and limiting any future expansion
- nine open violations and eight unpaid safety violations, with $11,000 in safety‑violation penalties, represent ongoing compliance costs
- last recorded sale price was $0 and there has been no arm‑length sale, making market pricing uncertain
- over‑built status and open violations are material risk factors for lenders and investors
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 10.33, against a residential limit of 10.00 — it is over that limit by 0.33. 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 9 violations are currently open across 36 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 26 Jun 2013 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 26.3% across the 5 assessment years on record (2023 to 2027), standing at $35,117,100. 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 | 10.33 |
|---|---|
| Residential limit | 10.00 |
| Commercial limit | 10.00 |
| Community-facility limit | 10.00 |
Development headroom (calculated) calculated
| Highest permitted ratio | 10.00 |
|---|---|
| Unused ratio | -0.33 |
| Unused buildable area | — |
| Lot area | 29,707 sq ft |
Value & taxes
Assessment
| Assessed total | $35,117,100 |
|---|---|
| Assessed land | $1,161,000 |
| Assessed building | $33,956,100 |
| Market value on record | $78,038,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 4 |
|---|---|
| Taxable assessed | $33,186,330 |
| Tax rate | 10.592% |
| Estimated annual levy | $3,515,096.07 |
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 | $35,117,100 | — |
| 2026 | $34,630,200 | +1.4% |
| 2025 | $34,448,850 | +0.5% |
| 2024 | $33,934,950 | +1.5% |
| 2023 | $27,800,550 | +22.1% |
Building & occupancy
Structure
| Year built | 1920 |
|---|---|
| Floors | 12 |
| Building area | 306,853 sq ft |
| Residential area | 40,000 sq ft |
| Commercial area | 266,853 sq ft |
Occupancy
| Total units | 46 |
|---|---|
| Residential units | 36 |
| Storefronts | 1 |
| Residential Avg unit size | 1,111 sq ft (calculated) |
| Commercial Avg unit size | 26,685 sq ft (calculated) |
| Building class | O6 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Hoyt-Schermerhorn Sts (A, C, G) — 0.03 mi |
|---|---|
| School district | 15 |
| Police precinct | 84 |
| Nearest firehouse | Engine 226 — 409 State Street |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Not in an evacuation zone |
| Cleanup site | Environmental cleanup site (completed) |
Energy & emissions
| Energy use intensity | 30.9 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 1,217 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 211 Schermerhorn Street, 7d | 2026-04-14 | $2,100,000 | — | — |
| 211 Schermerhorn Street, Ret. | 2025-03-18 | $2,200,000 | — | — |
| 228 Livingston Street | 2023-12-27 | $4,364,600 | 4,290 | $1,017 |
| 211 Schermerhorn Street, 8b | 2023-12-21 | $1,480,000 | — | — |
| 211 Schermerhorn Street, 14b | 2022-09-07 | $1,900,000 | — | — |
| 211 Schermerhorn Street, 5b | 2022-07-12 | $1,400,000 | — | — |
| 211 Schermerhorn Street, 12b | 2022-06-28 | $1,900,000 | — | — |
| 211 Schermerhorn Street, 11b | 2022-06-17 | $1,550,000 | — | — |
Record activity
Compliance calculated
| Open violations | 9 |
|---|---|
| Open per residential unit | 0.3 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $11,000.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 683 |
|---|---|
| Permits / alterations | 127 |
| Recorded documents | 124 |
| 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 | 250 Livingston Owner LLC |
|---|---|
| Parcel | 3001650022 |
| Block | 165 |
| Lot | 22 |
| Mortgage on record | $2,990,710 (2013) — Citigroup Global Markets Realty Corp. — note assigned |
| Fixture liens | 9 active fixture liens |
Last recorded transfer
| Date | 26 Jun 2013 |
|---|---|
| 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 |
|---|---|---|---|---|---|
| 25 Oct 2024 | Building | Boiler | Active | — | Violation Issued-Failure To File 2023 External Inspection Affirmation of Correction for LP Device |
| 23 Oct 2023 | Building | Elevators | Active | — | Violation Issued-Failure To File 2019 Cat1 Test Affirmation of Correction |
| 23 Oct 2023 | Building | Elevators | Active | — | Violation Issued-Failure To File 2020 Cat1 Test Affirmation of Correction |
| 2 Aug 2023 | Building | Benchmarking - a local law | Active | — | FTF-EN-BENCH |
| 20 Jun 2023 | Building | Boiler | Active | — | VIOLATION ISSUED-FAILURE TO FILE 2019 EXTERNAL LOW PRESSURE INSPECTION |
| 20 Jun 2023 | Building | Boiler | Active | — | VIOLATION ISSUED-FAILURE TO FILE 2019 EXTERNAL LOW PRESSURE INSPECTION |
| 20 Jun 2023 | Building | Boiler | Active | — | VIOLATION ISSUED-FAILURE TO FILE 2019 EXTERNAL LOW PRESSURE INSPECTION |
| 2 May 2023 | Building | Benchmarking - a local law | Active | — | FTF-EN-BENCH |
| 12 Mar 2014 | 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 |
|---|---|---|---|---|
| 8 Aug 2026 | Trash | Dirty Condition | In Progress | — |
| 13 Jul 2026 | License Plate Obscured | Illegal Parking | Closed | 13 Jul 2026 |
| 18 Jun 2026 | Blocked Sidewalk | Illegal Parking | Closed | 18 Jun 2026 |
| 10 Jun 2026 | N/A | Panhandling | Closed | 10 Jun 2026 |
| 7 Jun 2026 | Blocked Crosswalk | Illegal Parking | Closed | 7 Jun 2026 |
| 5 Jun 2026 | N/A | Encampment | Closed | 5 Jun 2026 |
| 4 Jun 2026 | N/A | Encampment | Closed | 4 Jun 2026 |
| 30 May 2026 | N/A | Encampment | Closed | 30 May 2026 |
| 26 May 2026 | Trash | Dirty Condition | Closed | 27 May 2026 |
| 26 May 2026 | Removal Request | Illegal Dumping | Closed | 26 May 2026 |
| 26 May 2026 | Trash | Dirty Condition | Closed | 26 May 2026 |
| 26 May 2026 | N/A | Encampment | Closed | 26 May 2026 |
| 26 May 2026 | Trash | Dirty Condition | Closed | 26 May 2026 |
| 21 May 2026 | Trash | Dirty Condition | Closed | 22 May 2026 |
| 21 May 2026 | Trash | Dirty Condition | Closed | 22 May 2026 |
| 20 May 2026 | N/A | Encampment | Closed | 20 May 2026 |
| 20 May 2026 | N/A | Encampment | Closed | 22 May 2026 |
| 18 May 2026 | N/A | Encampment | Closed | 18 May 2026 |
| 18 May 2026 | N/A | Encampment | Closed | 18 May 2026 |
| 17 May 2026 | Trash | Dirty Condition | Closed | 18 May 2026 |
| 5 May 2026 | Driver Complaint - Non Passenger | For Hire Vehicle Complaint | In Progress | — |
| 23 Apr 2026 | Chronic Dumping | Illegal Dumping | Closed | 27 Apr 2026 |
| 1 Apr 2026 | Blocked Sidewalk | Illegal Parking | Closed | 2 Apr 2026 |
| 29 Mar 2026 | Blocked Bike Lane | Illegal Parking | Closed | 29 Mar 2026 |
| 28 Mar 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 28 Mar 2026 |
| 10 Mar 2026 | Blocked Bike Lane | Illegal Parking | Closed | 10 Mar 2026 |
| 6 Mar 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 6 Mar 2026 |
| 4 Mar 2026 | Damaged/Bent/Loose/Leaning | Bike Rack | Closed | 11 Mar 2026 |
| 2 Mar 2026 | N/A | Encampment | Closed | 2 Mar 2026 |
| 2 Mar 2026 | Non-Chronic | Homeless Person Assistance | Closed | 2 Mar 2026 |
| 11 Feb 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 11 Feb 2026 |
| 7 Feb 2026 | Loud Music/Party | Noise - Residential | Closed | 7 Feb 2026 |
| 2 Feb 2026 | Noise: lawn care equipment (NCL | Noise | Closed | 2 Feb 2026 |
| 24 Jan 2026 | Sales to Minors Under 21 | Cannabis Retailer | Closed | 30 Mar 2026 |
| 22 Jan 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 22 Jan 2026 |
| 22 Jan 2026 | Blocked Sidewalk | Illegal Parking | Closed | 22 Jan 2026 |
| 21 Jan 2026 | Blocked Sidewalk | Illegal Parking | Closed | 22 Jan 2026 |
| 18 Jan 2026 | Blocked Sidewalk | Illegal Parking | Closed | 18 Jan 2026 |
| 16 Jan 2026 | Parking Permit Improper Use | Illegal Parking | Closed | 16 Jan 2026 |
| 9 Jan 2026 | Chained to Public Property | Abandoned Bike | Closed | 22 Jan 2026 |
| 1 Jan 2026 | Parking Permit Improper Use | Illegal Parking | Closed | 1 Jan 2026 |
| 30 Dec 2025 | Posted Parking Sign Violation | Illegal Parking | Closed | 30 Dec 2025 |
| 24 Dec 2025 | N/A | Illegal Fireworks | Closed | 24 Dec 2025 |
| 18 Dec 2025 | Trash | Dirty Condition | Closed | 20 Dec 2025 |
| 11 Dec 2025 | Paper License Plates | Illegal Parking | Closed | 11 Dec 2025 |
| 6 Dec 2025 | Posted Parking Sign Violation | Illegal Parking | Closed | 7 Dec 2025 |
| 25 Nov 2025 | Parking Permit Improper Use | Illegal Parking | Closed | 25 Nov 2025 |
| 23 Nov 2025 | Posted Parking Sign Violation | Illegal Parking | Closed | 23 Nov 2025 |
| 13 Nov 2025 | Noise: Manufacturing Noise (NK1 | Noise | Closed | 17 Nov 2025 |
| 10 Nov 2025 | Air: Odor/Fumes, Vehicle Idling (AD3 | Air Quality | Closed | 10 Nov 2025 |
Showing the 50 most recent of 150. 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 |
|---|---|---|---|
| 2 Sep 2021 | Mechanical Systems | Permit Issued | Filing as per plans for the replacement of five self contained water cooled air conditioning units on 1, 2, 3, floors |
| 10 Jun 2021 | Mechanical Systems | Permit Issued | FILING FOR INSTALLATION OF HOOD AND ASSOCIATED EXHAUST SYSTEM AS PER PLAN .FOR THE EXISTING RETAIL STORE(DELI |
| 27 Aug 2020 | A2 | ISSUED | — |
| 25 Aug 2020 | Mechanical Systems | Permit Issued | Proposed Mechanical work on the 8th floor as per plans filed herewith. There is no change in use, egress or occupancy |
| 29 Jan 2020 | Antenna | Signed-off | Modification to existing VERIZON site. Replace 9 antennas, replace 10 RRH units, and install 2 new antennas on the roof. All in conformance with TPPN 5/98. No change in use, egress, oroccupancy |
| 31 Dec 2019 | A3 | ISSUED | — |
| 18 Nov 2019 | Construction Fence | Signed-off | INSTALLATION OF FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 3 Oct 2019 | Sprinklers | Signed-off | Install new sprinkler system on the second floor. No change to use, egress, or occupancy |
| 3 Oct 2019 | Sprinklers | Signed-off | Install new sprinkler system as per plans filed. No change to use, egress, or occupancy |
| 3 Sep 2019 | Mechanical Systems | Signed-off | REPLACEMENT OF A 20 TON AND A 10 TON UNIT ON THE 1ST FLOOR. NO CHANGE TO EGRESS OR OCCUPANCY |
| 5 Jun 2019 | A2 | ISSUED | — |
| 5 Jun 2019 | A2 | ISSUED | — |
| 9 Apr 2019 | A2 | ISSUED | — |
| 26 Mar 2019 | A2 | ISSUED | — |
| 18 Mar 2019 | A2 | ISSUED | — |
| 5 Mar 2019 | A2 | ISSUED | — |
| 27 Dec 2018 | Antenna | Signed-off | Modification to existing Verizon telecommunications site. Replace 1 antenna on roof. All in conformance with TPPN 5/98. No change in use, egress, or occupancy |
| 1 Nov 2018 | A2 | ISSUED | — |
| 28 Dec 2017 | A2 | ISSUED | — |
| 8 Sep 2017 | A2 | ISSUED | — |
| 9 Jun 2017 | A2 | ISSUED | — |
| 5 Apr 2016 | SG | ISSUED | — |
| 30 Mar 2016 | A2 | ISSUED | — |
| 8 Mar 2016 | A3 | ISSUED | — |
| 7 Mar 2016 | A2 | ISSUED | — |
| 21 Oct 2015 | A2 | ISSUED | — |
| 31 Jul 2015 | A2 | ISSUED | — |
| 7 Jul 2015 | A2 | ISSUED | — |
| 15 Aug 2014 | A2 | ISSUED | — |
| 9 Aug 2014 | A3 | ISSUED | — |
| 15 Oct 2013 | A2 | ISSUED | — |
| 9 May 2013 | A2 | ISSUED | — |
| 20 Mar 2013 | A1 | ISSUED | — |
| 7 Feb 2013 | A2 | ISSUED | — |
| 7 Feb 2013 | A2 | ISSUED | — |
| 29 Nov 2012 | A1 | ISSUED | — |
| 29 Nov 2012 | A1 | ISSUED | — |
| 9 Nov 2012 | A3 | ISSUED | — |
| 9 Nov 2012 | A3 | ISSUED | — |
| 26 Oct 2012 | A2 | ISSUED | — |
| 26 Oct 2012 | A2 | ISSUED | — |
| 16 Oct 2012 | A2 | ISSUED | — |
| 16 Oct 2012 | A2 | ISSUED | — |
| 24 Jan 2012 | A2 | ISSUED | — |
| 12 Sep 2011 | A1 | ISSUED | — |
| 2 Sep 2010 | A3 | ISSUED | — |
| 2 Sep 2010 | A3 | ISSUED | — |
| 10 Aug 2010 | A3 | ISSUED | — |
| 10 Aug 2010 | A3 | ISSUED | — |
| 19 May 2009 | A2 | ISSUED | — |
Showing the 50 most recent of 127. The full set is available in the interactive report.
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 |
|---|---|---|---|---|
| 15 May 2026 | PSAT | — | — | — |
| 7 Aug 2019 | AALR | — | — | — |
| 7 Aug 2019 | Assignment | — | — | — |
| 11 Jun 2019 | TL&R | — | — | — |
| 11 Jun 2019 | M&CON | $12,500,000 | — | — |
| 11 Jun 2019 | Assignment | — | — | — |
| 11 Jun 2019 | AL&R | $125,000,000 | — | — |
| 14 Dec 2018 | AL&R | $75,000,000 | — | — |
| 14 Dec 2018 | Assignment | — | — | — |
| 14 Dec 2018 | M&CON | $75,000,000 | — | — |
| 14 Dec 2018 | TL&R | — | — | — |
| 7 Jul 2016 | MLEA | — | — | — |
| 4 Dec 2013 | AALR | — | — | — |
| 4 Dec 2013 | Assignment | — | — | — |
| 26 Jun 2013 | PREL | — | — | — |
| 26 Jun 2013 | TL&R | — | — | — |
| 26 Jun 2013 | Assignment | — | — | — |
| 26 Jun 2013 | AL&R | $37,500,000 | — | — |
| 26 Jun 2013 | Mortgage | $2,990,710 | — | — |
| 26 Jun 2013 | Agreement | $37,500,000 | — | — |
| 26 Jun 2013 | Deed | — | — | — |
| 11 Dec 2007 | ZONE | — | — | — |
| 26 May 2006 | ZONE | — | — | — |
| 19 Oct 2005 | ZONE | — | — | — |
| 19 Oct 2005 | Agreement | — | — | — |
| 19 Oct 2005 | SAGE | — | — | — |
| 14 Oct 2005 | PREL | — | — | — |
| 23 Jun 2005 | Agreement | — | — | — |
| 23 Jun 2005 | Agreement | — | — | — |
| 23 Jun 2005 | Agreement | — | — | — |
| 13 Nov 2003 | Agreement | $45,000,000 | — | — |
| 13 Nov 2003 | Mortgage | $13,591,839 | — | — |
| 13 Nov 2003 | AL&R | — | — | — |
| 13 Nov 2003 | Assignment | — | — | — |
| 13 Nov 2003 | Assignment | — | — | — |
| 24 Oct 2002 | SMIS | — | — | — |
| 27 Jun 2002 | Mortgage | $7,491,554 | — | — |
| 27 Jun 2002 | Assignment | — | — | — |
| 27 Jun 2002 | Assignment | — | — | — |
| 27 Jun 2002 | Satisfaction of mortgage | — | — | — |
| 27 Jun 2002 | Assignment | — | — | — |
| 27 Jun 2002 | Agreement | — | — | — |
| 27 Jun 2002 | Assignment | — | — | — |
| 27 Jun 2002 | Assignment | — | — | — |
| 27 Jun 2002 | SAGE | — | — | — |
| 27 Jun 2002 | SAGE | — | — | — |
| 27 Jun 2002 | Deed | — | — | — |
| 17 Aug 2001 | Assignment | — | — | — |
| 17 Aug 2001 | Assignment | — | — | — |
| 17 Aug 2001 | Assignment | — | — | — |
Showing the 50 most recent of 124. The full set is available in the interactive report.
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.