130 East 40 Street
Murray Hill, Manhattan
Parcel ID (BBL): 1008950069
Owner: Hilson Management
Debt: August 01, 2025, $0
Built: 1925
Renovated: 1989
SF: 70,828
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 15
Transactions:
• Rialto Management Group|Hines Rialto Credit Partners on August 01, 2025 bought a loan with an original principal of $35.2 million from Flagstar Bank, signed by Mitchel Baffa, secured by 349 Lexington Avenue, Murray Hill, Manhattan, when owned by Hilson Management.
Development:
• Jason Schwalbe filed plans for alteration in Murray Hill, Manhattan, on February 03, 2025.
• Jason Schwalbe filed plans for alteration in Murray Hill, Manhattan, on February 28, 2024.
• Jason Schwalbe filed plans for alteration in Murray Hill, Manhattan, on February 28, 2024.
• Jason Schwalbe filed plans for alteration in Murray Hill, Manhattan, on February 28, 2024.
• Jason Schwalbe filed plans for alteration in Murray Hill, Manhattan, on February 28, 2024.
Litigation:
• Rialto Management Group and Hines filed a $35.2 million pre-foreclosure 850495/2025 on November 07, 2025, against Hilson Management at 349 Lexington Avenue.
Violations:
According to city public data, the properties have received one DOB violation and $5,850 in OATH penalties in the last year.