Manhattan  »  10011  »  W 18th St  »  245 W 18th St

245 West 18th Street, New York, NY 10011 - Property report

Also known as: 245 W 18th St

Property image for 245 West 18th Street, New York, NY 10011
static Mapbox map

Property type

Predominant Retail with Other Uses (K4)

Year built

1915

Lot sq. ft.

4,000

Sale price

$12,347,500

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
245 West 18th Street
Alternate address(es)
245-247 W 18th St
ZIP code
10011
Neighborhood
Chelsea
Borough
Manhattan
Block & lot
00768-0012

Owner

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Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
5,834
Building dimensions
45.5 ft x 90 ft
Buildings on lot
1
Stories
2
Year built
1915
Last altered
1985
Building material
Sales
Sale date
11/21/2024
Sale price
$12,347,500
Tax
Tax year
2026-2027
Property tax
$88,894
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
45.5 ft x 90.33 ft
Lot sq. ft.
4,000

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
2
Community district
4
Closest police station
0.05 Miles
Closest fire station
0.16 Miles

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Ownership information for 245 West 18th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 245 West 18th Street, New York, NY 10011

Sale date Sale price Buyer name Seller name
11/21/2024 $12,347,500 XXXX XX XXXXX, XXX XX XXXX XXX XXXXX XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/25/2024 - R
11/21/2024 - D
Deed
(2024112100954001)
XXXXX XXXXX XXX XXXX XX XXXXX XXX XX XXXX XXX
07/15/2021 - R
06/30/2021 - D
Deed
(2021070701053001)
XXXXXX XXXXXXX XXXXX XXXXX XXX
05/20/1994 - R Deed
(1580004275758)
XXXXX XXXXXXX XXXXXXXX XXXXX
05/20/1994 - R Deed
(1480004275748)
XXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXX
05/20/1994 - R Deed
(1340004275734)
XXXXXXXX XXXXX XXXXXX XXXXXXX
05/20/1994 - R Power of Attorney
(1120004275612)
XXXXXX XXXXX X
10/08/1993 - R Sundry Agreement
(1690000445569)
XXXXXX XXXXXXX XXXXX
10/08/1993 - R Sundry Agreement
(1680000445568)
XXXXXXX XXXXX XXX XX
02/03/1987 - R UCC1
(1230000487823)
XXXXXX XXXXXXX XXXXXXXXX XXXXXXXX XX
12/22/1986 - R Mortgage
(1470000167747)
XXXXXX XXXXXXX XXXXXX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 245 West 18th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$88,894
Municipal exemptions
Recent tax assessments
Market value
$1,855,000
Assessed value
$834,750

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,873,000 $842,850 $807,714 10.848% $87,621 $87,621 +2.11%
2024/25 $1,832,000 $824,400 $797,328 10.762% $85,808 $85,808 +5.35%
2023/24 $1,815,000 $816,750 $769,017 10.592% $81,454 $81,454 +3.83%
2022/23 $1,730,000 $778,500 $736,888 10.646% $78,449 $78,449 +7.28%
2021/22 $1,694,600 $762,570 $679,938 10.755% $73,127 $73,127 +16.36%
2020/21 $1,635,000 $735,750 $587,690 10.694% $62,848 $62,848 +12.44%
2019/20 $1,423,000 $640,350 $530,460 10.537% $55,895 $55,895 +11.51%
2018/19 $1,328,000 $597,600 $476,730 10.514% $50,123 $50,123 +12.12%
2017/18 $1,112,000 $500,400 $425,210 10.514% $44,707 $44,707 +8.37%
2016/17 $1,066,000 $479,700 $390,130 10.574% $41,252 $41,252 +8.38%

Permit information for 245 West 18th Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/10/2021 Alteration
05/20/2021 Alteration
05/11/2021 Alteration
04/02/2021 Alteration
10/27/2020 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
09/23/2024 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
7th Ave & 18th St at NW Corner
Station lines
1
Distance (miles)
0.106

Access the detailed traffic volume map for 245 West 18th Street, New York, NY 10011 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 245 West 18th Street, New York, NY 10011?

The development at 245 West 18th Street, New York, NY 10011 was built in 1915.

What is the market value of 245 West 18th Street, New York, NY 10011?

The current market value of 245 West 18th Street, New York, NY 10011 is $1,855,000.

What is the total square footage of 245 West 18th Street, New York, NY 10011?

245 West 18th Street, New York, NY 10011 has a total of 5,834 square feet.

What is the price per square foot for this property?

$2,116 per square foot is the price for 245 West 18th Street, New York, NY 10011.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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