What is the rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on recent listing data, rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003 ranges from $3,500 to $4,400 per month, with a median of $3,950.

What is the rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on recent listing data, rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $3,900 per month.

What is the rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on recent listing data, rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $5,400 per month.

What is the rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on recent listing data, rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $5,400 per month.

What is the rent for a 3-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on recent listing data, rent for a 3-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $5,900 per month.

What is the rent for a 4-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on recent listing data, rent for a 4-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $8,500 per month.

How does rent at 40 EAST 12 STREET, Manhattan, NY, 10003 compare to the neighborhood?

Compared to other buildings in the 10003 zip code: studio rents are about 36% below the neighborhood median; studio rents are about 37% below the neighborhood median; 1-bedroom rents are about 46% below the neighborhood median; 1-bedroom rents are about 46% below the neighborhood median.

Is 40 EAST 12 STREET, Manhattan, NY, 10003 rent stabilized?

Based on available records, 40 EAST 12 STREET, Manhattan, NY, 10003 is not currently registered as rent stabilized. Rents at this building are likely set at market rate.

When is the cheapest time to rent at 40 EAST 12 STREET, Manhattan, NY, 10003?

Based on historical listing data, August tends to be the most affordable month to sign a lease at 40 EAST 12 STREET, Manhattan, NY, 10003, while July is typically the most expensive. Timing your move to August could save approximately 15% compared to peak pricing.

Who is the landlord of 40 EAST 12 STREET, Manhattan, NY, 10003?

The registered owner of 40 EAST 12 STREET, Manhattan, NY, 10003 is PERSEPOLIS DEVELOPMENT. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 40 EAST 12 STREET, Manhattan, NY, 10003 a good landlord?

40 EAST 12 STREET, Manhattan, NY, 10003, owned by PERSEPOLIS DEVELOPMENT, has an overall grade of B (3.4/5) on Lucid Rents. The building has 14 recorded violations. Tenants have left 5 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 40 EAST 12 STREET, Manhattan, NY, 10003?

40 EAST 12 STREET, Manhattan, NY, 10003 has an overall grade of B with a score of 3.4 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 40 EAST 12 STREET, Manhattan, NY, 10003?

Yes, 40 EAST 12 STREET, Manhattan, NY, 10003 has 14 housing violations and 63 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

What amenities does 40 EAST 12 STREET, Manhattan, NY, 10003 have?

40 EAST 12 STREET, Manhattan, NY, 10003 offers 9 amenities including Elevator, Fios Available, Laundry, Live In Super, Central Air, Dishwasher, Hardwood Floors, Private Outdoor Space, and more. View the full amenity list on the building page.

Does 40 EAST 12 STREET, Manhattan, NY, 10003 have laundry facilities?

Yes, 40 EAST 12 STREET, Manhattan, NY, 10003 offers laundry amenities: Laundry, Dishwasher.

What schools are near 40 EAST 12 STREET, Manhattan, NY, 10003?

There are 10 schools near 40 EAST 12 STREET, Manhattan, NY, 10003, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include Manhattan School For Career Development (12 min walk), Manhattan School For Career Development (12 min walk), East Side Community School (12 min walk), The Star Academy - P.s.63 (14 min walk), Success Academy Charter School - Union Square (6 min walk), and more.

What public transit is near 40 EAST 12 STREET, Manhattan, NY, 10003?

40 EAST 12 STREET, Manhattan, NY, 10003 has 4 transit options nearby. The closest include: bus: COOPER SQ/E 4 ST (M103), 0.45 mi away.

Is 40 EAST 12 STREET, Manhattan, NY, 10003 safe? What is the crime rate nearby?

The 10003 zip code where 40 EAST 12 STREET, Manhattan, NY, 10003 is located had 2,349 crime incidents in the past 2 years, including 125 violent crimes, 1,384 property crimes, and 840 quality-of-life incidents. Check the neighborhood report card for 10003 for full details.

When was 40 EAST 12 STREET, Manhattan, NY, 10003 built and how many units does it have?

40 EAST 12 STREET, Manhattan, NY, 10003 was built in 1900, has 8 floors, contains 25 total units, 23 of which are residential.

What do tenants say about living at 40 EAST 12 STREET, Manhattan, NY, 10003?

40 EAST 12 STREET, Manhattan, NY, 10003 has 3 tenant reviews with an average rating of 3.0 out of 5. 0 out of 3 reviewers would recommend this building.

40 EAST 12 STREET — Rent Intelligence for East Village, NYC

East Village · Manhattan, NY, 10003

Built 19008 floors25 unitsBBL 1005630026

Current rent range

$3,500 – $8,500 / mo

6 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★3.45 reviews

Verified reviewsPDOwned byPERSEPOLIS DEVELOPMENT3 bldgs

40 EAST 12 STREET

Manhattan, NY, 10003

40 EAST 12 STREET is a prewar 1900 building, 8 floors, 25 units in East Village, NYC. Owned by PERSEPOLIS DEVELOPMENT. Public records show 31 open violations, 63 311 complaints on file. Risk signals: 1 bedbug report. Lucid Rents has 5 verified tenant reviews on this building.

HPD violations14last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews53.4 ★ avg

Rent-stab units—no coverage

Building age126 ybuilt 1900

311 complaints63last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

Studio

$3,950/mo

15 listings

Studio

$3,900/mo

1 listing

1 BR

$5,400/mo

15 listings

1 BR

$5,400/mo

1 listing

3 BR

$5,900/mo

6 listings

4 BR

$8,500/mo

1 listing

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

August

Most expensive

July

JFMAMJJASOND

Potential savings: ~15% by timing your move to August.

Rent vs. area median Manhattan

Studio

This building: $3,500 – $4,400

36% belowArea: $6,190

1 BR

This building: $5,400 – $5,400

46% belowArea: $9,950

3 BR

This building: $5,900 – $5,900

—Area: —

4 BR

This building: $8,500 – $8,500

—Area: —

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

Studio15 listings

$6,190

$6,190

1 Bed15 listings

$9,950

$9,950

3 Bed6 listings

$5,900

$5,900

4 Bed1 listing

$8,500

$8,500

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

02 / 10

Neighborhood risks.

within 0.75 mi

267 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

129

brownfields, industrial zones, sanitation

Block-level

3692

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

14 total

Door/Lock
5
Pest Infestation
5
Smoke/CO Detector
2

311Top Complaints

63 total

Illegal Parking
28
Noise - Residential
14
UNSANITARY CONDITION
8
Request Large Bulky Item Collection
4
HEAT/HOT WATER
3

DOBTop Filings

17 total

DOB Violations
17

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(4 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class ANOV SENT OUTApr 29, 2026
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Class IVIOLATION DISMISSEDNov 17, 2025
§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
Class CNOV SENT OUTOct 7, 2025
HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES AT BASEMENT
Class CNOV SENT OUTOct 7, 2025
HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES AT PUBLIC HALL STAIRS, 2nd STORY
Class CNOTICE OF ISSUANCE SENT TO TENANTOct 7, 2025
HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT APT 1A, 1st STORY, 1st APARTMENT FROM EAST AT SOUTH

See all 14 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

3.4 /5

★ ★ ★ ★ ★

5 reviews

5★

4★

60%

3★

20%

2★

20%

1★

Unit 3C Pros: Lots of space in unit. Lofts (sleeping, no standing) lofts in living room and bedroom + plus more storage above bathroom. High ceilings and cool architecture. Elevator, trash/recycling/compost, & laundry i…

negativeJan 2026

Anonymous

Pros: Location, never had roaches or other pests, super very responsive Cons: The basement is dirty Advice to landlord: Clean basement

positiveFeb 2025

Anonymous

Pros: Lived on the ground floor, nice apartment layout. Shared laundry wasn't always booked. Super is responsive. Cons: Found cockroaches and 1 mouse in apartment. Ground floor got no natural light. Next door neighbor w…

mixedMar 2023

Anonymous

View all 5 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

9 amenities

BUILDING

Elevator

OUTDOOR

Private Outdoor Space

LAUNDRY

Laundry
Dishwasher

OTHER

Fios Available
Live In Super
Central Air
Hardwood Floors
View

04 / 09

Building amenities.

05 / 10

The landlord.

PERSEPOLIS DEVELOPMENT

Portfolio of 3 buildingsHead officer: BEN HAKIMIANMail: 8 WEST 40 STREET, New York, NY, 10018

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.4

avg score / 5

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1900Building constructed25 units · 8 floors
nowPERSEPOLIS DEVELOPMENTOwner of record per HPD registration · manages 3 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

10003 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 10003

Violent125

Property1,384

Quality-of-life840

Total incidents2,349

07 / 10

About this area.

East Village · 10003

40 EAST 12 STREET · Manhattan · 40.734° N, -73.992° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby9 min

7 schools nearby12 min

Nearby Transit

BUS

COOPER SQ/E 4 STM103
0.4 mi9 min
BROADWAY/W 3 STM1M55
0.4 mi9 min
BOWERY/E 4 STM103
0.5 mi9 min
BOWERY/E 3 STM103
0.5 mi10 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Manhattan School For Career DevelopmentHigh School
0.6 mi12 min
Manhattan School For Career DevelopmentHigh School
0.6 mi12 min
East Side Community SchoolSecondary
0.6 mi12 min
The Star Academy - P.s.63Elementary
0.7 mi14 min

CHARTER SCHOOLS

Success Academy Charter School - Union SquareK-8
0.3 mi6 min
Success Academy Charter School - Union SquareK-8
0.3 mi6 min
Great Oaks Kathleen Sherry Charter SchoolMiddle School
0.6 mi12 min

PRIVATE SCHOOLS

Grace Church SchoolElementary
0.1 mi3 min
Xavier High SchoolHigh School
0.3 mi7 min
Grace Church High SchoolHigh School
0.3 mi7 min

The neighborhood

East Village

The East Village is NYC's original counterculture hub — now gentrified but still gritty. Dive bars, ramen shops, and experimental theater sit next to wine bars and boutique fitness studios.

7,285buildings tracked4.1avg LucidIQ$9,950median 1BR

53,877population$153kmedian income64%renters

NightlifeGritty-ChicYoung CrowdFoodieHistoric

Explore East Village

Neighborhood overview

East Village→

Vibe · top buildings · landlords · schools · transit

Crime in 10003

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in East Village

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Tribeca· 0.45 mi Lower East Side· 0.48 mi Financial District· 0.7 mi Tribeca· 0.95 mi Financial District· 0.99 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1900

Floors8

Total units25

ClassD5

BBL1005630026

19001910192019301940195019601970198019902000201020202030

1900

Building constructed

25 units · 8 floors · class D5

now

Current owner: PERSEPOLIS DEVELOPMENT

Portfolio includes 3 buildings.

Recent Activity

20 events

HPDLOWApr 29, 2026
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR
311MEDIUMApr 23, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMMar 7, 2026
WATER LEAK — HEAVY FLOW
311MEDIUMMar 7, 2026
UNSANITARY CONDITION — PESTS
311MEDIUMMar 7, 2026
UNSANITARY CONDITION — MOLD
311MEDIUMMar 7, 2026
PLUMBING — WATER SUPPLY
311MEDIUMMar 7, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMFeb 15, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMJan 31, 2026
Illegal Parking — Posted Parking Sign Violation
311MEDIUMJan 31, 2026
Illegal Parking — Posted Parking Sign Violation

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on recent listing data, rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003 ranges from $3,500 to $4,400 per month, with a median of $3,950.
What is the rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on recent listing data, rent for a studio at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $3,900 per month.
What is the rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on recent listing data, rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $5,400 per month.
What is the rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on recent listing data, rent for a 1-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $5,400 per month.
What is the rent for a 3-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on recent listing data, rent for a 3-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $5,900 per month.
What is the rent for a 4-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on recent listing data, rent for a 4-bedroom at 40 EAST 12 STREET, Manhattan, NY, 10003 is approximately $8,500 per month.
How does rent at 40 EAST 12 STREET, Manhattan, NY, 10003 compare to the neighborhood?
Compared to other buildings in the 10003 zip code: studio rents are about 36% below the neighborhood median; studio rents are about 37% below the neighborhood median; 1-bedroom rents are about 46% below the neighborhood median; 1-bedroom rents are about 46% below the neighborhood median.
Is 40 EAST 12 STREET, Manhattan, NY, 10003 rent stabilized?
Based on available records, 40 EAST 12 STREET, Manhattan, NY, 10003 is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
When is the cheapest time to rent at 40 EAST 12 STREET, Manhattan, NY, 10003?
Based on historical listing data, August tends to be the most affordable month to sign a lease at 40 EAST 12 STREET, Manhattan, NY, 10003, while July is typically the most expensive. Timing your move to August could save approximately 15% compared to peak pricing.
Who is the landlord of 40 EAST 12 STREET, Manhattan, NY, 10003?
The registered owner of 40 EAST 12 STREET, Manhattan, NY, 10003 is PERSEPOLIS DEVELOPMENT. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 40 EAST 12 STREET, Manhattan, NY, 10003 a good landlord?
40 EAST 12 STREET, Manhattan, NY, 10003, owned by PERSEPOLIS DEVELOPMENT, has an overall grade of B (3.4/5) on Lucid Rents. The building has 14 recorded violations. Tenants have left 5 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 40 EAST 12 STREET, Manhattan, NY, 10003?
40 EAST 12 STREET, Manhattan, NY, 10003 has an overall grade of B with a score of 3.4 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 40 EAST 12 STREET, Manhattan, NY, 10003?
Yes, 40 EAST 12 STREET, Manhattan, NY, 10003 has 14 housing violations and 63 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
What amenities does 40 EAST 12 STREET, Manhattan, NY, 10003 have?
40 EAST 12 STREET, Manhattan, NY, 10003 offers 9 amenities including Elevator, Fios Available, Laundry, Live In Super, Central Air, Dishwasher, Hardwood Floors, Private Outdoor Space, and more. View the full amenity list on the building page.
Does 40 EAST 12 STREET, Manhattan, NY, 10003 have laundry facilities?
Yes, 40 EAST 12 STREET, Manhattan, NY, 10003 offers laundry amenities: Laundry, Dishwasher.
What schools are near 40 EAST 12 STREET, Manhattan, NY, 10003?
There are 10 schools near 40 EAST 12 STREET, Manhattan, NY, 10003, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include Manhattan School For Career Development (12 min walk), Manhattan School For Career Development (12 min walk), East Side Community School (12 min walk), The Star Academy - P.s.63 (14 min walk), Success Academy Charter School - Union Square (6 min walk), and more.
What public transit is near 40 EAST 12 STREET, Manhattan, NY, 10003?
40 EAST 12 STREET, Manhattan, NY, 10003 has 4 transit options nearby. The closest include: bus: COOPER SQ/E 4 ST (M103), 0.45 mi away.
Is 40 EAST 12 STREET, Manhattan, NY, 10003 safe? What is the crime rate nearby?
The 10003 zip code where 40 EAST 12 STREET, Manhattan, NY, 10003 is located had 2,349 crime incidents in the past 2 years, including 125 violent crimes, 1,384 property crimes, and 840 quality-of-life incidents. Check the neighborhood report card for 10003 for full details.
When was 40 EAST 12 STREET, Manhattan, NY, 10003 built and how many units does it have?
40 EAST 12 STREET, Manhattan, NY, 10003 was built in 1900, has 8 floors, contains 25 total units, 23 of which are residential.
What do tenants say about living at 40 EAST 12 STREET, Manhattan, NY, 10003?
40 EAST 12 STREET, Manhattan, NY, 10003 has 3 tenant reviews with an average rating of 3.0 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

09 / 10

Similar buildings nearby.

7 1/2 2 AVENUE

7 1/2 2 AVENUE, Manhattan, NY, 10003

Manhattan

View building

61 4 AVENUE

61 4 AVENUE, Manhattan, NY, 10003

ManhattanBuilt 1910

View building

1 5 AVENUE

1 5 AVENUE, Manhattan, NY, 10003

Manhattan

View building

313 1 AVENUE

313 1 AVENUE, Manhattan, NY, 10003

ManhattanBuilt 1910

View building

08 / 09

Similar buildings nearby.

Embed this building’s record

Drop this scorecard into a tenant guide, blog post, or wiki. It updates itself as new violations are filed.

<iframe src="https://lucidrents.com/embed/building/a3d39620-2e08-468c-bba4-b612e236e6fe" width="100%" height="220" style="border:1px solid #e2e8f0;border-radius:12px" title="40 EAST 12 STREET, Manhattan, NY, 10003 — LucidRents building record" loading="lazy"></iframe>

Building record last updated September 21, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.