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389 2nd Avenue, New York, NY 10010 - Property report

Also known as: 389 2nd Ave

Property image for 389 2nd Avenue, New York, NY 10010
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1910

Lot sq. ft.

1,536

Sale price

$3,565,000

General information

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Address
Primary address
389 2nd Avenue
ZIP code
10010
Neighborhood
Gramercy Park
Borough
Manhattan
Block & lot
00903-0031

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
3,980
Building dimensions
20 ft x 64 ft
Buildings on lot
1
Stories
4
Year built
1910
Building material
Sales
Sale date
01/03/2024
Sale price
$3,565,000
Tax
Tax year
2026-2027
Property tax
$112,454
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
7
Residential sq. ft.
Commercial units
2
Retail sq. ft.
Lot
Lot dimensions
19.5 ft x 78 ft
Lot sq. ft.
1,536

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
2
Community district
6
Closest police station
0.83 Miles
Closest fire station
0.30 Miles

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Ownership information for 389 2nd Avenue, New York, NY

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

Sales history for 389 2nd Avenue, New York, NY 10010

Sale date Sale price Buyer name Seller name
01/03/2024 $3,565,000 XXX XXXXXX XXXXXX XXX XXXX XX XXXX XXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/17/2024 - R
01/03/2024 - D
Deed
(2024011101190001)
XXXX XX XXXX XXXXXXXXXX XXX XXXXXX XXXXXX XXX
12/29/2000 - R
12/26/2000 - D
Deed
(1440007473144)
XXXXXX XXXXXXXX X XXXX XX XXXX XXXXXXXXXX
06/14/1993 - R Satisfaction of Mortgage
(1780000434278)
XXXXXXXXXX X XXXXX XXXXXXX XXXXX X
06/14/1993 - R Power of Attorney
(1000000434200)
XXXXXXXXXX XXXXX XXXX XXXXXXXXX XXXXX X
10/25/1989 - R Satisfaction of Mortgage
(1730000321873)
XXXXXX XXXXXXXX X XX XXXXXXXXXX XXXXXX
10/16/1979 - R Deed
(1260008614726)
XXXXXXXX XXXXX
10/16/1979 - R Mortgage
(ft_1270008614727)
XXXXXX XXXXXXXX X XX XXXXXXXXXXX XXXXXX X
12/31/1975 - R Deed
(1290008556629)
XXXXXXXXX XXXXXX XXXX XXXXXXXX XXXXX
01/25/1973 - R Assignment, Mortgage
(1000008515700)
XX XXXXXXXXXX XXX XXXXXXX XXX XX XXXXXXX
01/23/1973 - R Agreement
(1310008515531)
XX XXXXXXXXXX XXX XXXXXXX XXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 389 2nd Avenue, 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
$112,454
Municipal exemptions
Recent tax assessments
Market value
$2,533,000
Assessed value
$1,139,850

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 $2,402,000 $1,080,900 $837,079 12.439% $104,124 $104,124 -0.49%
2024/25 $2,252,000 $1,013,400 $837,078 12.5% $104,635 $104,635 +3.86%
2023/24 $2,092,000 $941,400 $805,847 12.502% $100,747 $100,747 +9.35%
2022/23 $2,615,000 $1,176,750 $751,049 12.267% $92,131 $92,131 +8.28%
2021/22 $3,077,000 $1,384,650 $695,418 12.235% $85,084 $85,084 +7.72%
2020/21 $3,236,000 $1,456,200 $643,907 12.267% $78,988 $78,988 -1.65%
2019/20 $3,194,000 $1,437,300 $643,906 12.473% $80,314 $80,314 +2.73%
2018/19 $3,345,000 $1,505,250 $619,882 12.612% $78,180 $78,180 n/a
2017/18 $2,928,000 $1,317,600 $0 12.719% $73,481 $0 n/a
2016/17 $2,714,000 $1,221,300 $0 12.892% $68,964 $0 n/a

Permit information for 389 2nd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
10/04/2024 Alteration
09/15/2024 Alteration
08/13/2024 Alteration
08/13/2024 Alteration
08/07/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/03/2008 Ll6291-local law 62/91 - boilers
01/31/2005 Ll6291-local law 62/91 - boilers
02/10/1997 Ll6291-local law 62/91 - boilers

*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

Check out recently sold homes in Manhattan and see how their prices compare.

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
Park Ave & 23rd St at NE Corner
Station lines
6
Distance (miles)
0.296

Access the detailed traffic volume map for 389 2nd Avenue, New York, NY 10010 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 389 2nd Avenue, New York, NY 10010?

The development at 389 2nd Avenue, New York, NY 10010 was built in 1910.

What is the market value of 389 2nd Avenue, New York, NY 10010?

The current market value of 389 2nd Avenue, New York, NY 10010 is $2,533,000.

What is the total square footage of 389 2nd Avenue, New York, NY 10010?

389 2nd Avenue, New York, NY 10010 has a total of 3,980 square feet.

What is the price per square foot for this property?

$895 per square foot is the price for 389 2nd Avenue, New York, NY 10010.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 389 2nd Avenue, New York, NY 10010 have?

This address has 1 active listing(s).

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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