Also known as 40 Waterside Plaza
Data as of Oct 1, 2026
Based on open violations, 311 complaint patterns, and amenities.
Compared to typical rent for this neighborhood and bedroom count.
What's great about this place
Limited highlights data โ verify with a tour.
Real considerations before you sign
A 40-story building located in Murray Hill-Kips Bay, containing 1101 residential units. Built in 1973.
Manhattan ยท 689 buildings tracked
Median asking rent: $5,065 1BR ยท $6,460 2BR
1 park ยท 0.3 acres ยท incl. Vincent F. Albano Jr. Playground
2 active ยท 20 past listings
Active Violations
Higher than typical for this neighborhood (10 vs 1 average per building).
Top issues
Severity Key
ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 3D, 3rd STORY, 1st APARTMENT FROM SOUTH AT WEST
Oct 10, 2023Class CADM CODE REMOVE THE ACCUMULATION OF REFUSE AND/OR RUBBISH AND MAINTAIN IN A CLEAN CONDITION THE : AT PUBLIC HALL, 3rd STORY
Sep 3, 2026Class BTHE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... LESS THAN 10 SQ.FT AT WEST WALL IN THE KITCHEN LOCATED AT APT 18H, 18th STORY, 1st APARTMENT FROM WEST AT NORTH ORIGINAL VIOLATION 17908566 ISSUED 21-MAY-25 HAS BEEN UPGRADED TO CLASS B PER ADMINISTRATIVE CODE 27-2017.3a(3)(a) or (b).
Sep 19, 2025Class BHMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE BATHROOM LOCATED AT APT 3D, 3rd STORY, 1st APARTMENT FROM SOUTH AT WEST
Jun 20, 2025Class BTHE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR .. AT THE CEILING IN THE BATHROOM LOCATED AT APT 3D, 3rd STORY, 1st APARTMENT FROM NORTH AT EAST
Jun 10, 2025Class BStatistical estimate based on publicly available listing data. Not an appraisal. See disclaimer.Market data as of Oct 1, 2026.
| Unit Type | This Bldg | Area Avg | Diff. |
|---|---|---|---|
| Studio | $3,350 | $3,845 | -13% |
| 1 Bed | $4,605 | $5,065 | -9% |
| 2 Bed | โ | $6,459.5 | โ |
| 3+ Bed | โ | $7,745.5 | โ |
Deal
Rents are 21% lower than the neighbourhood average.
Rent
$3,978
Building Avg
Buy
$5,450
Est. Monthly Carry
Renting Saves ~$17,664/yr
Compared to buying a similar unit in this neighbourhood.
Estimated monthly carry is the building's average rent multiplied by 1.37x โ a rough heuristic for what an equivalent purchase would cost per month. The 1.37 figure approximates principal + interest on a 20% down loan at 6-7% mortgage rates, plus typical NYC property taxes, homeowner insurance, and maintenance reserves.
Annual savings is the difference between this estimated monthly carry and the building's average rent, multiplied by 12.
This is an approximation, not a per-building mortgage calculation. A full rent-vs-buy calculator with explicit inputs (down payment, rate, taxes, appreciation) is on the roadmap. See accuracy disclaimer.
Owner/Operator
WATERSIDE PROPCO LLC
Responsiveness Score
Average time to resolve violations
Slower than NYC average (45 days)
We haven't verified this building's policies yet. Pet, utility, and leasing details appear here once we've reviewed the management company's official site โ we only show policies we can source, never assumptions.
Every answer comes from public records for this specific building โ we skip questions we can't answer with data.