Manhattan » 10016 » 3rd Ave » 423 3rd Ave

423 3rd Avenue, New York, NY 10016 - Property report

Also known as: 423 R 3rd Ave

Property image for 423 3rd Avenue, New York, NY 10016

Property type

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

Year built

1910

Lot sq. ft.

2,716

Sale price

$25,000,000

General information

Address

Primary address

423 3rd Avenue

Alternate address(es)

423 R 3rd Ave

ZIP code

10016

Neighborhood

Kips Bay

Borough

Manhattan

Block & lot

00910-0064

Building

Property type

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

Building sq. ft.

9,358

Building dimensions

25 ft x 88 ft

Buildings on lot

Stories

Year built

1910

Building material

Sales

Sale date

01/21/2022

Sale price

$25,000,000 - M

Tax

Tax year

2026-2027

Property tax

$120,081

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

24.67 ft x 110 ft

Lot sq. ft.

2,716

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.97 Miles

Closest fire station

0.07 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 423 3rd Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 423 3rd Avenue, New York, NY 10016

Sale date	Sale price	Buyer name	Seller name
01/21/2022	$25,000,000	XXX-XXX XXXXX XXXXXX, XXX	XXXXXX XXX. XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/22/2022 - R	UCC3 Assignment (2022081600548006)	XXXXXX XXXXX XXXXXX XXX	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
08/22/2022 - R	UCC3 Assignment (2022081600548003)	XXXXXX XXXXX XXXXXX XXX	XXXXXX XXXXXXX XXXX X X
07/21/2022 - R	Initial UCC1 (2022070601402001)	XXXXXX XXXXX XXXXXX XXX	XXXXXX XXXXXXX XXXX X X
08/22/2022 - R 03/10/2022 - D	Asgn of Asgn of L&R (2022081600548005)	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
08/22/2022 - R 03/10/2022 - D	Assignment, Mortgage (2022081600548004)	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
08/22/2022 - R 03/10/2022 - D	Asgn of Asgn of L&R (2022081600548002)	XXXXXX XXXXXXX XXXX X X	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
08/22/2022 - R 03/10/2022 - D	Assignment, Mortgage (2022081600548001)	XXXXXX XXXXXXX XXXX X X	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
02/03/2022 - R 01/21/2022 - D	Assignment of Leases and Rents (2022012800892005)	XXXXXX XXXXX XXXXXX XXX	XXXXXX XXXXXXX XXXX X X
02/03/2022 - R 01/21/2022 - D	Agreement (2022012800892004)	XXXXXX XXXXX XXXXXX XXX	XXXXXX XXXXXXX XXXX X X
02/03/2022 - R 01/21/2022 - D	Mortgage (2022012800892003)	XXXXXX XXXXX XXXXXX XXX	XXXXXX XXXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 423 3rd 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

$120,081

Municipal exemptions

Recent tax assessments

Market value

$7,243,000

Assessed value

$3,259,350

More about New York City property taxes

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	$7,065,000	$3,179,250	$965,362	12.439%	$120,081	$120,081	+2.69%
2024/25	$6,113,600	$2,751,120	$935,441	12.5%	$116,930	$116,930	+7.98%
2023/24	$5,093,000	$2,291,850	$866,150	12.502%	$108,286	$108,286	+10.07%
2022/23	$5,468,000	$2,460,600	$801,992	12.267%	$98,380	$98,380	+8.28%
2021/22	$4,373,000	$1,967,850	$742,586	12.235%	$90,855	$90,855	-0.26%
2020/21	$5,002,000	$2,250,900	$742,586	12.267%	$91,093	$91,093	+1.49%
2019/20	$6,250,400	$2,812,680	$719,570	12.473%	$89,752	$89,752	+6.81%
2018/19	$7,813,000	$3,515,850	$666,269	12.612%	$84,030	$84,030	+7.09%
2017/18	$6,838,000	$3,077,100	$616,917	12.719%	$78,466	$78,466	+6.55%
2016/17	$6,201,000	$2,790,450	$571,220	12.892%	$73,642	$73,642	+0.07%

Permits

Permit information for 423 3rd Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/21/2022	Alteration
07/18/2022	Alteration
12/14/2011	Alteration type 2
11/30/2005	Alteration type 2
11/08/2000	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	09/16/1997	Ll6291-local law 62/91 - boilers
	08/29/1995	Ll6291-local law 62/91 - boilers
	03/18/1994	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Park Ave & 28th St at NE Corner

Station lines

Distance (miles)

0.207

View subway map

Access the detailed traffic volume map for 423 3rd Avenue, New York, NY 10016 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

Nearby ZIP codes for 423 3rd Avenue, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 423 3rd Avenue, New York, NY 10016?

The development at 423 3rd Avenue, New York, NY 10016 was built in 1910.

What is the market value of 423 3rd Avenue, New York, NY 10016?

The current market value of 423 3rd Avenue, New York, NY 10016 is $7,243,000.

What is the total square footage of 423 3rd Avenue, New York, NY 10016?

423 3rd Avenue, New York, NY 10016 has a total of 9,358 square feet.

What is the price per square foot for this property?

$2,671 per square foot is the price for 423 3rd Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.