Skip to content

137 Sullivan Street

Manhattan · 10012 · BBL 1005170003 · look up another building

A company took title here in February 28, 2026, for a stated $12.5M.

Most recent filing on this building: a permit, April 9, 2026

137 Sullivan Street is a mixed residential and commercial building in SoHo, Manhattan, ZIP 10012. City records date it to 1904 and count 28 apartments, inside 30 units in all. The city's property file lists the owner of record as GEMMA HOLDINGS 4 LLC. Its total assessed value is $3.5M, for the 2026 tax year.

DHCR registration lists 6 rent-stabilized units here in 2023, but that is the building and not your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.

Who owns 137 Sullivan Street

The most recent recorded deed is dated Feb 28, 2026, transferring the lot to GEMMA HOLDINGS 4 LLC for a stated $12.5M. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.

A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.

The November 1 report on this block

On the first of every month we email one page about tax block 517 in Manhattan, the block 137 Sullivan Street is on. It lists what was filed there that month, then where the block stands. As of today, that part reads:

  • 1 building changed hands in the last twelve months.
  • The block holds 21 parcels and 307 residential units.

Anything filed on 137 Sullivan Street itself comes the next morning.

Sales and ownership history at 137 Sullivan Street

Party recordedRecordedAmount
Amalgamated BankASST from NEW YORK COMMUNITY BANKMar 10, 2026
Gemma Holdings 4 LLCDEED from GEMMA HOLDINGS 3 LLCFeb 28, 2026$12.5M

Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.

Taxes and assessed value for 137 Sullivan Street

The city's Department of Finance assessed this lot at $3.5M for the 2026 tax year. That works out to $127K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.

No executed evictions at 137 Sullivan Street

No executed eviction is on record at 137 Sullivan Street in the citywide marshal file, which runs from April 2024.

Rent stabilization at 137 Sullivan Street

DHCR registration records list 6 rent-stabilized units at this building in 2023, the most recent year PulseCities holds. That is down from 7 units in 2018. Registration is building-level and does not settle the status of any single apartment; the rent history does. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →

Permits filed at 137 Sullivan Street

WorkFiledType
GCApplication being filed for the interior renovation of an existing restaurant. WApr 9, 2026AL

DOB job filings on this lot, past 12 months. Source: NYC DOB job filings, current through October 9, 2026.

311 complaint history at 137 Sullivan Street

1 complaints in the past 12 months

NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through October 10, 2026.

How 137 Sullivan Street compares in 10012

31.4/100LOW AREA PRESSURE

PulseCities tracks 1,174 lots in 10012, of which 38 carry an executed eviction from the marshal record, which starts in April 2024, and 77 carry a deed from the shorter ACRIS window. 10012 scores 31.4 out of 100 for displacement pressure, 84 of 177 scored NYC ZIP codes. The full signal breakdown for SoHo →

Questions about 137 Sullivan Street

Who owns 137 Sullivan Street?

The most recent deed on file for 137 Sullivan Street names GEMMA HOLDINGS 4 LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Feb 28, 2026.

How much did 137 Sullivan Street sell for?

The most recent deed states a consideration of $12.5M, recorded Feb 28, 2026 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.

Have there been evictions at 137 Sullivan Street?

No executed eviction at 137 Sullivan Street appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.

Is 137 Sullivan Street rent stabilized?

DHCR registrations list 6 stabilized units at this building in 2023. Registration is building-level, so it does not settle whether one apartment is stabilized. The free rent history from NYS Homes and Community Renewal does.

What is 137 Sullivan Street assessed at for property taxes?

The Department of Finance assessed the lot at $3.5M for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.

What is the displacement risk around 137 Sullivan Street?

10012 (SoHo) scores 31.4 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.

Look up another building

Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.