240 Willoughby Street
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 12.35, against a residential limit of 2.43 — it is over that limit by 9.92. 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 477 residential units, with $0.00 outstanding. For a building of this age that is a modest figure.
Last recorded sale
Recorded at $75,000,000 on 29 Dec 2021 — $157,233 per residential unit, $198 per built square foot, 2.06× the assessed value.
Assessed value trend
Assessed value has risen 362.9% across the 5 assessment years on record (2023 to 2027), standing at $36,367,200. 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 | 12.35 |
|---|---|
| Residential limit | 2.43 |
| Commercial limit | 0.00 |
| Community-facility limit | 4.80 |
Development headroom (calculated) calculated
| Highest permitted ratio | 4.80 |
|---|---|
| Unused ratio | -7.55 |
| Unused buildable area | — |
| Lot area | 30,744 sq ft |
Value & taxes
Assessment
| Assessed total | $36,367,200 |
|---|---|
| Assessed land | $3,458,700 |
| Assessed building | $32,908,500 |
| Market value on record | $80,816,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $35,107,613 |
| Tax rate | 12.502% |
| Estimated annual levy | $4,389,153.78 |
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 | $36,367,200 | — |
| 2026 | $24,567,750 | +48.0% |
| 2025 | $14,013,000 | +75.3% |
| 2024 | $8,333,100 | +68.2% |
| 2023 | $7,857,000 | +6.1% |
Building & occupancy
Structure
| Year built | 1946 |
|---|---|
| Floors | 33 |
| Building area | 379,683 sq ft |
| Residential area | 354,257 sq ft |
| Commercial area | 25,426 sq ft |
Occupancy
| Total units | 478 |
|---|---|
| Residential units | 477 |
| Residential Avg unit size | 743 sq ft (calculated) |
| Commercial Avg unit size | 25,426 sq ft (calculated) |
| Building class | D5 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | DeKalb Av (B, Q, R) — 0.22 mi |
|---|---|
| School district | 13 |
| Police precinct | 88 |
| Nearest firehouse | Engine 210 — 160 Carlton Ave. |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Not in an evacuation zone |
Building compliance
| Boiler | Defects reported (2020) |
|---|
Energy & emissions
| Energy use intensity | 7.0 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 257 metric tons/yr |
Record activity
Compliance calculated
| Open violations | 9 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $58,000.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 148 |
|---|---|
| Permits / alterations | 72 |
| Recorded documents | 49 |
| 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 | 240 Willoughby Ground Lessor LLC |
|---|---|
| Parcel | 3020880025 |
| Block | 2088 |
| Lot | 25 |
| Mortgage on record | $33,500,000 (2025) — M & T Realty Capital Corporation |
| Fixture liens | 2 active fixture liens |
Last recorded transfer
| Date | 29 Dec 2021 |
|---|---|
| Recorded price | $75,000,000 |
| Price per unit | $157,233 |
| Price vs assessed | 2.06× |
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 |
|---|---|---|---|---|---|
| 14 Nov 2025 | Building | Boiler | Active | — | VIOLATION ISSUED-FAILURE TO FILE 2024 EXTERNAL LOW PRESSURE INSPECTION |
| 14 Nov 2025 | Building | Boiler | Active | — | VIOLATION ISSUED-FAILURE TO FILE 2024 EXTERNAL LOW PRESSURE INSPECTION |
| 18 Sep 2025 | Building | Gas Piping - a local law | Active | — | Cycle 1, Sub-cycle B (premises is in Community District 2 |
| 1 Oct 2024 | Enforcement | CLASS - 1 | ACTIVE | — | FAILURE TO SUBMIT THE REQUIRED PARKING STRUCTURE INITIAL OBSERVATION REPORT FOR AN EXISTING PARKING STRUCTURE OR A PERIODIC INSPECTION OF A PARKING STRUCTURE(PIPS) REPORT DOCUMENTING THE CONDITIONS OF PSID#B000 |
| 11 Apr 2024 | Enforcement | CLASS - 2 | ACTIVE | — | FAILURE TO SUBMIT AN ACCEPTABLE REQUIRED CYCLE 9B REPORT OF CRITICAL EXAMINATION DOCUMENTING CONDITION OF EXTERIOR WALL AND APPURTENANCES REQUIRED BY 28-302.4 FOR CONTROL #909554. REMEDY: SUBMIT ACCEPTABLE REQU |
| 22 Feb 2023 | Building | Facades | Active | — | CYCLE 9B NO REPORT FILED |
| 21 Aug 2007 | Housing | B | FIRST NO ACCESS TO RE- INSPECT VIOLATION | — | D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 17 STY SOUTHEAST APT 17J LAWINDY. LOCATED AT APT 17J |
| 21 Aug 2007 | Housing | B | FIRST NO ACCESS TO RE- INSPECT VIOLATION | — | D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 7 STY EAST APT 7F 1ST FROM SOUTHEAST SECTION NELSON. LOCATED AT APT 7F |
| 21 Aug 2007 | Housing | B | FIRST NO ACCESS TO RE- INSPECT VIOLATION | — | D26-20.08 ADM CODE REPAIR OR REPLACE THE SMOKE DETECTOR DEFECTIVE 15 STY CENTER EAST APT 15H EAST SECTION DELBALLE. LOCATED AT APT 15H |
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 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 8 Aug 2026 |
| 5 Aug 2026 | Waste Left in Front of Other Residence | Residential Disposal Complaint | In Progress | — |
| 5 Aug 2026 | Waste Set Out Too Early or Too Late | Residential Disposal Complaint | Closed | 7 Aug 2026 |
| 3 Aug 2026 | Odor/Taste | Water Quality | Closed | 5 Aug 2026 |
| 2 Aug 2026 | Waste Left in Front of Other Residence | Residential Disposal Complaint | Closed | 3 Aug 2026 |
| 31 Jul 2026 | Other (complaint details | Animal-Abuse | Closed | 31 Jul 2026 |
| 31 Jul 2026 | Tortured | Animal-Abuse | Closed | 31 Jul 2026 |
| 31 Jul 2026 | Neglected | Animal-Abuse | Closed | 31 Jul 2026 |
| 28 Jul 2026 | Waste Left in Front of Other Residence | Residential Disposal Complaint | Closed | 30 Jul 2026 |
| 20 Jul 2026 | Blocked Sidewalk | Illegal Parking | Closed | 20 Jul 2026 |
| 10 Jul 2026 | Lead Kit Request (Residential) (L10 | Lead | Closed | 10 Jul 2026 |
| 20 Jun 2026 | No Access | Blocked Driveway | Closed | 20 Jun 2026 |
| 12 Jun 2026 | Lead Kit Request (Residential) (L10 | Lead | Closed | 15 Jun 2026 |
| 8 Jun 2026 | Cons - Contrary/Beyond Approved Plans/Permits | General Construction/Plumbing | Closed | 24 Jul 2026 |
| 17 May 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 18 May 2026 |
| 16 May 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 18 May 2026 |
| 7 May 2026 | VENTILATION SYSTEM | GENERAL | Closed | 29 May 2026 |
| 4 May 2026 | Allowed in Smoke Free Area | Smoking or Vaping | Closed | 3 Jul 2026 |
| 26 Apr 2026 | Partial Access | Blocked Driveway | Closed | 26 Apr 2026 |
| 22 Apr 2026 | Partial Access | Blocked Driveway | Closed | 22 Apr 2026 |
| 20 Apr 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 22 Apr 2026 |
| 18 Apr 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 20 Apr 2026 |
| 16 Apr 2026 | No Parking, Standing, Stopping | Street Sign - Missing | In Progress | — |
| 7 Apr 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 7 Apr 2026 |
| 31 Mar 2026 | Trash or Recycling Not Secure | Residential Disposal Complaint | Closed | 4 Apr 2026 |
| 31 Mar 2026 | Partial Access | Blocked Driveway | Closed | 31 Mar 2026 |
| 30 Mar 2026 | Tortured | Animal-Abuse | Closed | 30 Mar 2026 |
| 30 Mar 2026 | Neglected | Animal-Abuse | Closed | 30 Mar 2026 |
| 30 Mar 2026 | No Access | Blocked Driveway | Closed | 30 Mar 2026 |
| 19 Mar 2026 | Lead Kit Request (Residential) (L10 | Lead | Closed | 20 Mar 2026 |
| 19 Mar 2026 | WATER SUPPLY | PLUMBING | Closed | 24 Mar 2026 |
| 19 Mar 2026 | No Parking, Standing, Stopping | Street Sign - Missing | In Progress | — |
| 10 Mar 2026 | Elevator - Multiple Devices On Property | Elevator | Closed | 11 Jun 2026 |
| 7 Mar 2026 | Condition Attracting Rodents | Rodent | Closed | 7 Mar 2026 |
| 2 Mar 2026 | Loud Music/Party | Noise - Residential | Closed | 3 Mar 2026 |
| 25 Feb 2026 | Removal Request | Illegal Dumping | Closed | 28 Feb 2026 |
| 21 Feb 2026 | Allowed in Smoke Free Area | Smoking or Vaping | Closed | 23 Apr 2026 |
| 21 Feb 2026 | Dog Waste | Dirty Condition | Closed | 26 Feb 2026 |
| 8 Feb 2026 | No Access | Blocked Driveway | Closed | 8 Feb 2026 |
| 7 Feb 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 7 Feb 2026 |
| 7 Feb 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 7 Feb 2026 |
| 3 Feb 2026 | Trash or Recycling | Obstruction | Closed | 3 Feb 2026 |
| 1 Feb 2026 | Removal Request | Illegal Dumping | Closed | 3 Feb 2026 |
| 1 Feb 2026 | HEAVY FLOW | WATER LEAK | Closed | 5 Feb 2026 |
| 1 Feb 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 5 Feb 2026 |
| 31 Jan 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 5 Feb 2026 |
| 31 Jan 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 5 Feb 2026 |
| 31 Jan 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 5 Feb 2026 |
| 30 Jan 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 5 Feb 2026 |
| 21 Jan 2026 | Banging/Pounding | Noise - Residential | Closed | 22 Jan 2026 |
Showing the 50 most recent of 148. 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 |
|---|---|---|---|
| 17 Oct 2025 | Curb Cut | Signed-off | CURB CUT INSTALLATION FILED IN CONJUNCTION WITH ALT CO JOB NUMBER B00525904-I1 |
| 4 Apr 2025 | Plumbing | Signed-off | Application filed herewith for Plumbing System |
| 2 Apr 2025 | Mechanical Systems | Signed-off | Generator Filing |
| 31 Mar 2025 | Suspended Scaffold | Signed-off | Application for the installation and use of suspended scaffold as per plans filed herein. No change in egress, use or occupancy |
| 31 Jan 2025 | Mechanical Systems | Signed-off | Application herewith filed for Mechanical System |
| 29 Jan 2025 | Standpipe | Signed-off | TEMP SD FILED FOR NB |
| 23 Dec 2024 | Protection and Mechanical Methods | Signed-off | Installation of temporary needle beam installation for overhead protection per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application |
| 7 Nov 2024 | Construction Fence | Signed-off | INSTALLATION OF TEMPORARY FENCE AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 20 Jun 2024 | Suspended Scaffold | Signed-off | Installation of 4 point suspended scaffold |
| 14 Jun 2024 | Protection and Mechanical Methods | Signed-off | Installation of 6,200# temporary single car personnel/material hoist per plan and application submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application |
| 8 Apr 2024 | Standpipe | Signed-off | Filing Temp Standpipe in accordance with a local law in conjunction with Building# B00709209-I1 - Remove Sprinkler system from 1st,2nd 9th through 12 the floors |
| 28 Mar 2024 | Standpipe | Signed-off | Application herewith filed for Sprinkler/Standpipe system in conjunction with Alt CO job number B00525904-I1 |
| 15 Mar 2024 | Supported Scaffold | Signed-off | Installation of temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application |
| 8 Jan 2024 | Protection and Mechanical Methods | Signed-off | Installation of 7,000# temporary dual car personnel/material hoists per plan and application submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application |
| 20 Jan 2023 | DM | ISSUED | — |
| 5 Jan 2023 | Structural | Signed-off | Structure herewith filed in conjunction with NB job number B00525904-I1 |
| 28 Dec 2022 | Structural | Permit Issued | Application herewith filed for Structure in conjunction with Alt CO B00525904-I1 |
| 27 Dec 2022 | General Construction | Permit Issued | Alt CO herewith filed for a new 33 Story extension to existing 21 story building, a total of 463 units |
| 21 Jul 2022 | Sidewalk Shed | Signed-off | Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application |
| 6 May 2022 | General Construction | Signed-off | Proposed of demo for interior of building |
| 18 Jan 2022 | A2 | ISSUED | — |
| 28 Dec 2021 | Foundation | Signed-off | Foundation & earthwork herewith filed for 240 Willoughby St. Zoning approval has been obtained for the new 33 Story extension to existing 21 story building, a total of 477 units proposed under Alt CO job number B00525904-I1 |
| 17 Dec 2021 | A2 | ISSUED | — |
| 17 Dec 2021 | A1 | ISSUED | — |
| 10 Dec 2021 | Support of Excavation | Signed-off | Support of Excavation herewith filed for 240 Willoughby St. Zoning approval has been obtained for Alt CO B00525904, please refer to approved zoning and egress sheets |
| 26 Feb 2020 | Sprinklers | Signed-off | sprinkler work for garage (block 2088, lot 30 |
| 13 Feb 2020 | A2 | ISSUED | — |
| 11 Oct 2019 | A2 | ISSUED | — |
| 31 Jul 2013 | A2 | ISSUED | — |
| 31 Jan 2013 | A2 | ISSUED | — |
| 31 Jan 2013 | A2 | ISSUED | — |
| 28 Sep 2012 | A2 | ISSUED | — |
| 28 Sep 2012 | A2 | ISSUED | — |
| 28 Sep 2012 | A2 | ISSUED | — |
| 28 Sep 2012 | A2 | ISSUED | — |
| 28 Sep 2012 | A2 | ISSUED | — |
| 14 May 2010 | A2 | ISSUED | — |
| 14 May 2010 | A2 | ISSUED | — |
| 16 Apr 2010 | A2 | ISSUED | — |
| 12 Mar 2010 | A3 | ISSUED | — |
| 12 Mar 2010 | A3 | ISSUED | — |
| 27 May 2009 | A3 | ISSUED | — |
| 5 Sep 2008 | A3 | ISSUED | — |
| 5 Sep 2008 | A3 | ISSUED | — |
| 5 Sep 2008 | A3 | ISSUED | — |
| 5 Sep 2008 | A3 | ISSUED | — |
| 1 Apr 2008 | A3 | ISSUED | — |
| 16 Jan 2008 | A2 | ISSUED | — |
| 15 Jan 2008 | A3 | ISSUED | — |
| 27 Aug 2007 | A2 | ISSUED | — |
Showing the 50 most recent of 72. 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 |
|---|---|---|---|---|
| 14 Apr 2026 | SAGE | — | — | — |
| 3 Mar 2026 | SAGE | — | — | — |
| 22 Jul 2025 | TL&R | — | — | — |
| 22 Jul 2025 | ASSTO | $210,500,000 | — | — |
| 22 Jul 2025 | Agreement | $141,500,000 | — | — |
| 22 Jul 2025 | Mortgage | $33,500,000 | — | — |
| 22 Jul 2025 | Assignment | — | — | — |
| 22 Jul 2025 | MLEA | — | — | — |
| 12 May 2025 | Assignment | — | — | — |
| 12 May 2025 | AALR | — | — | — |
| 7 Apr 2025 | Release | — | — | — |
| 7 Apr 2025 | TL&R | — | — | — |
| 26 Feb 2025 | TL&R | — | — | — |
| 26 Feb 2025 | Mortgage | $36,000,000 | — | — |
| 26 Feb 2025 | Assignment | — | — | — |
| 26 Feb 2025 | Agreement | $108,000,000 | — | — |
| 26 Feb 2025 | Assignment | — | — | — |
| 26 Feb 2025 | TL&R | — | — | — |
| 26 Feb 2025 | AL&R | $108,000,000 | — | — |
| 16 Jun 2022 | Transfer tax return | $75,730,829 | — | — |
| 16 Feb 2022 | Satisfaction of mortgage | — | — | — |
| 27 Jan 2022 | TL&R | — | — | — |
| 29 Dec 2021 | Deed | $75,000,000 | — | — |
| 29 Dec 2021 | MLEA | — | — | — |
| 29 Dec 2021 | SAGE | — | — | — |
| 29 Dec 2021 | Satisfaction of mortgage | — | — | — |
| 29 Dec 2021 | Mortgage | $55,506,958 | — | — |
| 29 Dec 2021 | AL&R | $55,506,958 | — | — |
| 29 Dec 2021 | Mortgage | $16,493,042 | — | — |
| 29 Dec 2021 | AL&R | $16,493,042 | — | — |
| 19 Oct 2021 | CERR | — | — | — |
| 10 Nov 2020 | Assignment | — | — | — |
| 10 Sep 2019 | AL&R | $60,000,000 | — | — |
| 10 Sep 2019 | Agreement | $60,000,000 | — | — |
| 10 Sep 2019 | Assignment | — | — | — |
| 10 Sep 2019 | CERR | — | — | — |
| 10 Sep 2019 | CERT | — | — | — |
| 10 Sep 2019 | Deed | $95,000,000 | — | — |
| 10 Sep 2019 | DEVR | — | — | — |
| 10 Sep 2019 | EASE | — | — | — |
| 10 Sep 2019 | Mortgage | $20,000,000 | — | — |
| 10 Sep 2019 | Mortgage | $43,500,000 | — | — |
| 10 Sep 2019 | SAGE | — | — | — |
| 10 Sep 2019 | SAGE | — | — | — |
| 10 Sep 2019 | SAGE | — | — | — |
| 10 Sep 2019 | SAGE | — | — | — |
| 10 Sep 2019 | ZONE | — | — | — |
| 10 Sep 2019 | TL&R | — | — | — |
| 10 Sep 2019 | TERL | — | — | — |
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.