| Building name | Henry Phipps Plaza East |
| Primary address | Henry Phipps Plaza East - 485 1st Avenue |
| Secondary address | 479-493 1st Ave |
| Neighborhood | Kips Bay |
| Zip code | 10016 |
| Borough | Manhattan |
| Block & lot | 00934-0024 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Lot sq. ft. | 19,750 |
| Lot dimensions | |
| Property type | Elevator Apartment - Fireproof with Stores (D6)
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| Building sqft | 127,144 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 20 |
| Year built | 1972 |
| Year last altered | 1984 |
| Construction type | Register |
| Zoning | Register |
| Residential units (DOF) | 204 |
| Commercial units | 6 |
| Community district | 6 |
| Closest police station | 1.11 Miles |
| Closest fire station | 0.14 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Elevator Apartment - Fireproof with Stores (D6) located at Henry Phipps Plaza East - 485 1st Avenue, New York, NY 10016 has a total of 127,144 square feet.
What is the year built & the current market value of Henry Phipps Plaza East - 485 1st Avenue, New York, NY 10016?Henry Phipps Plaza East - 485 1st Avenue, New York, NY 10016 was built in 1972 and has a current tax assessor's market value of $27,464,000.
How many commercial spaces does this building have?This building has 6 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 485 1st Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Henry Phipps Plaza East - Henry Phipps Plaza East - 485 1st Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $0 |
| Tax assessor's market value: | $27,464,000 |
| Assessed value: | $12,358,800 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 485 1st Avenue, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $27,464,000 | $12,358,800 | $0 | 12.439% | $1,375,699 | $0 | n/a |
| 2024/25 | $26,222,000 | $11,799,900 | $0 | 12.5% | $1,314,900 | $0 | n/a |
| 2023/24 | $24,438,000 | $10,997,100 | $0 | 12.502% | $1,255,093 | $0 | n/a |
| 2022/23 | $25,385,000 | $11,423,250 | $0 | 12.267% | $1,177,901 | $0 | n/a |
| 2021/22 | $19,375,000 | $8,718,750 | $0 | 12.235% | $1,066,739 | $0 | n/a |
The complete history of permits filed for 485 1st Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
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Distance to Subway
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| Closest station | Park Ave & 28th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.433 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 1 Av/E 28 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.031 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Henry Phipps Plaza East - Henry Phipps Plaza East - 485 1st Avenue, New York, NY 10016.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 338 E 30th St, New York | 10,458 | 01/12/2000 | |
| 332 E 30th St, New York | 2,835 | 11/22/2005 | $2,900,000 |
| 462 2nd Ave, New York | 829,024 | 12/08/2016 | $620,000,000 |
| 344 E 28th St, New York | 218,666 | 09/08/1971 | |
| 332 E 29th St, New York | 165,739 | 09/30/1985 | |
| 433 1st Ave, New York | 198,380 | ||
| 334 E 30th St, New York | 5,718 | 01/11/2006 | |
| 340 E 29th St, New York | 110,139 | 04/29/2022 | $43,012,500 |
| 522 2nd Ave, New York | 9,906 | 08/03/1999 | |
| 530 2nd Ave, New York | 28,431 | 06/19/2001 | |
| 331 E 29th St, New York | 165,105 | 12/08/2011 | $1 |
| 336 E 30th St, New York | 5,710 | 12/27/2010 | $575,000 |
| 455 1st Ave, New York | 336,212 | ||
| 311 E 25th St, New York | 22,812 | 06/09/1989 | |
| 334 E 26th St, New York | 140,423 | 01/21/1972 | |
| 444 2nd Ave, New York | 444,113 | 06/19/2006 | |
| 330 E 30th St, New York | 4,940 | 12/04/2017 | $6,650,000 |
| 328 E 30th St, New York | 3,780 | 05/17/2004 | $2,500,000 |
| 319 E 25th St, New York | 19,110 | 02/26/1996 | |
| 315 E 26th St, New York | 05/25/1978 |
