40 Market Street, Manhattan, NY 10002
40 Market Street is a 5-story, 8-unit Old Law Tenement building constructed in 1900, currently owned by Ralph Della Cava. The property has experienced recurring maintenance issues over the past few years, with the most recent problems reported in 2025 including heat/hot water issues in February. In 2024, significant concerns emerged during a summer period (July), with multiple complaints and violations related to window frames, water leaks, ceiling conditions, and unsanitary mold issues.
During this period, violations were issued for defective window frames, ceiling paint/plaster issues, and water leaks affecting at least one apartment. More recently, during late 2023-2024, there were electrical wiring safety concerns documented through multiple DOB complaints, including exposed wires and improper ground connections, though these were resolved by 2024. The building has undergone several inspections and received multiple violations for various issues, including a currently open Class C violation regarding a door not self-closing in the public hall and a pest infestation issue noted in April 2024.
Between 2019-2025, there have been multiple electrical safety concerns, including exposed wiring in 2023 and defective/stripping wires. The property has also experienced plumbing issues, including water leaks, and has been subject to various environmental violations related to maintenance standards. While rodent inspections have shown some rat activity in 2024-2025, recent inspections (March 2025) have passed. Notably, the building has maintained a clean record regarding bedbug infestations, with no reported cases in the past seven years (2019-2025).
40 Market Street Report Contents
Download Full Report for 40 Market Street
Sign up to download the full building report in PDF or Excel format
Sign Up for Free40 Market Street Building Overview
Building Characteristics
Total units | 8 |
---|---|
Year built | 1900 |
Total area | 9154 sq ft |
Floors | 5 |
Tax Abatements | None |
Building Class | OLD LAW TENEMENT |

Unlock Complete Building History
Get access to comprehensive violation records, court cases, landlord portfolios, and detailed maintenance history for this building and thousands of others.
Key Building Statistics
Included Addresses
- 121 Madison St, New York, NY 10002
- 123b Madison St, New York, NY 10002
- 40 Market St, New York, NY 10002
Map and Aerial View of 40 Market Street
Street Map View
Loading street map...
Satellite View
Loading satellite view...
Reviews of 40 Market Street
See what current and past tenants have to say
No reviews yet
Be the first to share your experience living at this property. Your review helps future tenants make informed decisions.
Share Your Experience
Help future tenants by leaving an honest review of this property
Login Required
You must be logged in to leave a review. Join our community and share your experience!
Login to Continue