116 East 40 Street
Grand Central, Manhattan
Parcel ID (BBL): 1008950082
Owner: Adam Daniels
Debt: February 25, 2022, $20.3 million
Built: 1925
Renovated: 1979
SF: 26,178
Dwelling units: 35
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 9
HPD Ownership Registration Information
Last registered: 2025-09-19 (expires 2026-09-01)
114-116 East 40Th Street, Llc
Corporate Owner
45 CUTTERMILL ROAD Great Neck, NY, 11021
Aaron Daniels
Officer
45 CUTTTERMILL ROAD Great Neck, NY, 11021
Ad Real Estate Investors Inc
Agent
9 EAST 16TH STREET MGMT New York, NY, 10013
Brandon Oliva
Site Manager
Transactions:
• AD Real Estate Investors borrowed $20.3 million from Valley National Bank for 114 East 40th Street, Grand Central, Manhattan on February 25, 2022.
Development:
• Samuel Demo filed plans for alteration in Grand Central, Manhattan, on December 12, 2024.
• Adam Daniels filed plans for major alteration for 18,940 sqft in Grand Central, Manhattan, on May 09, 2024.
• Adam Daniels filed plans for alteration in Grand Central, Manhattan, on January 17, 2024.
• Adam Daniels filed plans for alteration in Grand Central, Manhattan, on July 26, 2023.
• Adam Daniels filed plans for alteration in Grand Central, Manhattan, on October 04, 2022.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received one DOB violation, $1,875 in ECB penalties, seven housing violations, and $22,675 in OATH penalties in the last year.