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589 1st Avenue, New York, NY 10016 Property Information

589 1st Avenue, New York, NY 10016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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589 1st Avenue, New York, NY 10016 3
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Address

Primary address 589 1st Avenue
Neighborhood Kips Bay
Zip code 10016
Borough Manhattan
Block & lot 00939-0035

Sales & Tax Overview for 589 1st Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 09/07/2005
Purchase price $11,400,000
Tax class
Estimated property tax $141,987

Lot & Building Information for 589 1st Avenue, New York

Lot sq. ft. 2,115
Lot dimensions 21.08 ft x 100 ft
Property type Walk-up Apartment - Over Six Families with Stores (C7)
Building sqft 3,870
Building dimensions 21 ft x 69 ft
Buildings on lot 1
Stories 4
Year built 1930
Construction type
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Zoning & Use for 589 1st Avenue, New York

Zoning
Residential units (DOF) 12
Regulated units
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.91 Miles
Closest fire station 0.27 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 589 1st Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 589 1st Avenue, New York, NY 10016, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 589 1st Avenue, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 589 1st Avenue, New York

How many square feet does 589 1st Avenue, New York, NY 10016 have?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 589 1st Avenue, New York, NY 10016 has a total of 3,870 square feet.

What is the year built & the current market value of 589 1st Avenue, New York, NY 10016?

589 1st Avenue, New York, NY 10016 was built in 1930 and has a current tax assessor's market value of $2,809,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 589 1st Avenue, New York

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Property owner name for 589 1st Avenue, New York, NY 10016
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Building contacts for 589 1st Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 589 1st Avenue, New York

Create a free account to view the complete sales history for 589 1st Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/07/2005 $11,400,000

Title Documents for 589 1st Avenue, New York

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.

Date Type Amount Party 1 Party 2 Doc image
06/12/2024 - R Initial UCC1
(2024061000902001)
10/22/2020 - D
03/28/2022 - R
Subordination of Mortgage
(2022032300338001)
10/22/2020 - D
03/11/2022 - R
Easement
(2022030701190001)
01/25/2016 - R Initial UCC1
(2016012000575002)
01/25/2016 - R UCC3 Termination
(2016012000575001)
01/14/2016 - D
02/01/2016 - R
Assignment of Leases and Rents
(2016012000492004)
01/14/2016 - D
02/01/2016 - R
Agreement
(2016012000492003)
01/14/2016 - D
02/01/2016 - R
Mortgage
(2016012000492002)
01/07/2016 - D
02/01/2016 - R
Termination of Assign of L&R
(2016012000492001)
12/31/2013 - D
01/14/2014 - R
Deed
(2013123100214001)
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R: Recorded date
D: Document date

Property Taxes for 589 1st Avenue, New York

Access detailed property tax data for 589 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: $135,338
Estimated property tax: $141,987
Tax assessor's market value: $2,809,000
Assessed value: $1,264,050

Assessment History for 589 1st Avenue, New York

Here's the assessment & property tax history for 589 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 $2,809,000 $1,264,050 $1,088,010 12.439% $135,338 $135,338 +1.31%
2024/25 $2,498,000 $1,124,100 $1,068,660 12.5% $133,583 $133,583 +22.58%
2023/24 $1,937,000 $871,650 $871,650 12.502% $108,974 $108,974 -20.78%
2022/23 $2,492,000 $1,121,400 $1,121,400 12.267% $137,562 $137,562 +6.18%
2021/22 $2,353,000 $1,058,850 $1,058,850 12.235% $129,550 $129,550 -6.13%

Permits for 589 1st Avenue, New York

The complete history of permits filed for 589 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.

Filing date Job type Job status Job description Initial cost
01/08/2024 Alteration
10/31/2023 Alteration
10/27/2023 Alteration
06/16/2014 Alteration type 3
07/16/2013 Alteration type 2
08/24/2004 Alteration type 2
12/19/2003 Alteration type 3
12/18/2003 Alteration type 2
12/18/2003 Alteration type 2
11/19/2001 Alteration type 2
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Manhattan Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

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

Risk

FEMA flood zone(s): 0.2,AE (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Park Ave & 33rd St at SE Corner
Station lines 6
Distance (miles) 0.436
View subway map
Bus Routes
Name E 34 St /1 Av
Line M34+
Distance (miles) 0.016

Neighbors for 589 1st Avenue, New York

Here are the neighbors for 589 1st Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
593 1st Ave, New York 5,890 12/31/2013
325 E 33rd St, New York 14,816
328 E 34th St, New York 13,044 12/30/2013 $19,194,191
326 E 34th St, New York 13,044 12/30/2013 $19,194,191
324 E 34th St, New York 13,044 12/30/2013 $19,194,191
587 1st Ave, New York 4,138 12/31/2013
333 E 33rd St, New York 7,860 02/08/2016 $29,000,000
591 1st Ave, New York 4,944 12/31/2013
339 E 33rd St, New York 23,561 03/31/2016 $9,200,000
337 E 33rd St, New York 7,247 12/14/2004
300 E 34th St, New York 366,200 12/12/1997
340 E 34th St, New York 142,260 12/12/2005
318 E 34th St, New York 11,586 07/25/2007 $3,300,000
316 E 34th St, New York 9,270 12/30/2013 $19,194,191
331 E 33rd St, New York 9,200 01/01/2012
322 E 34th St, New York 9,390 01/01/2015 $1,582,500
320 E 34th St, New York 11,586 07/25/2007 $3,300,000
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