Manhattan  »  10016  »  2nd Ave  »  720 2nd Ave

720 2nd Avenue, New York, NY 10016 - Property report

Also known as: 718 2nd Ave

Property image for 720 2nd Avenue, New York, NY 10016
static Mapbox map

Property type

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

Year built

1910

Lot sq. ft.

3,525

Sale price

$125,490,000 - M

General information

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Address
Primary address
720 2nd Avenue
Alternate address(es)
718 2nd Ave
ZIP code
10016
Neighborhood
Murray Hill
Borough
Manhattan
Block & lot
00944-0055

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
10,800
Building dimensions
58 ft x 59 ft
Buildings on lot
2
Stories
4
Year built
1910
Last altered
1987
Building material
Sales
Sale date
03/03/2004
Sale price
$125,490,000 - M
Tax
Tax year
2026-2027
Property tax
$156,121
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
9
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
58.42 ft x 100 ft
Lot sq. ft.
3,525

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.64 Miles
Closest fire station
0.06 Miles

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

Ownership information for 720 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 720 2nd Avenue, New York, NY 10016

Sale date Sale price Buyer name Seller name
03/03/2004 $125,490,000 XXX XXXXXX, XXX XXXX XXXXXX XXXXXXXXXX, 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
11/01/2023 - R UCC3 Continuation
(2023103100523001)
XXX XXXXXX XXX XXXXXX XXX XXXXX XXX XXXXXXX XX XXXXXXXX XXXXXXX
11/01/2023 - R UCC3 Continuation
(2023103100520001)
XXX XXXXXX XXX XXXXXX XXX XXXXX XXX XXXXXXX XX XXXXXXXX XXXXXXX
03/20/2019 - R UCC3 Continuation
(2019031500899001)
XXX XXXXXX XXX XXXXXX XXX XXXXX XXX XXXXXXX XX XXXXXXXX XXXXXXX
03/20/2019 - R UCC3 Continuation
(2019031500734001)
XXX XXXXXX XXX XXXX XX XXX XXXX XX XXXXXXX
10/29/2013 - R UCC3 Continuation
(2013102501622001)
XXX XXXXXX XXX XXXXXX XXX XXXXX XXX XXXXXXX XX XXXXXXXX XXXXXXX
10/29/2013 - R UCC3 Continuation
(2013102501608001)
XXX XXXXXX XXX XXXX XX XXX XXXX XX XXXXXXX
04/09/2013 - R
02/27/2013 - D
Agreement
(2013030701692003)
XXXXXXX XXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXX XX XXXXXX XXX
04/09/2013 - R
02/27/2013 - D
Agreement
(2013030701692002)
XXXX XXXXXX XXXXXXXXXX X X X XXXXXX XXX
04/09/2013 - R
02/27/2013 - D
Agreement
(2013030701692001)
XXX XXXX XXXX XXXXXX XX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
10/30/2008 - R UCC3 Continuation
(2008102901356001)
XXX XXXXXX XXX XXXX XX XXX XXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 720 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
$156,121
Municipal exemptions
Recent tax assessments
Market value
$3,554,000
Assessed value
$1,599,300

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 $2,981,000 $1,341,450 $1,155,167 12.439% $143,691 $143,691 -0.76%
2024/25 $2,602,000 $1,170,900 $1,158,317 12.5% $144,790 $144,790 +13.68%
2023/24 $2,264,000 $1,018,800 $1,018,800 12.502% $127,370 $127,370 -19.15%
2022/23 $2,931,000 $1,318,950 $1,284,187 12.267% $157,531 $157,531 +1.50%
2021/22 $2,819,000 $1,268,550 $1,268,550 12.235% $155,207 $155,207 -1.36%
2020/21 $3,016,000 $1,357,200 $1,282,680 12.267% $157,346 $157,346 +0.90%
2019/20 $2,974,000 $1,338,300 $1,250,277 12.473% $155,947 $155,947 +5.30%
2018/19 $2,904,000 $1,306,800 $1,174,317 12.612% $148,105 $148,105 +4.62%
2017/18 $2,909,000 $1,309,050 $1,113,027 12.719% $141,566 $141,566 +5.97%
2016/17 $2,449,000 $1,102,050 $1,036,257 12.892% $133,594 $133,594 +4.94%

Permit information for 720 2nd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
10/28/2021 Alteration
08/25/2021 Alteration
08/10/2021 Alteration
08/06/2021 Alteration
08/06/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
05/15/2014 Lblvio-low pressure boiler

*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
6

Subway & traffic

Closest station
3rd Ave & 42nd St at SW Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.243

Access the detailed traffic volume map for 720 2nd 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

Frequently asked questions

What is the year built for 720 2nd Avenue, New York, NY 10016?

The development at 720 2nd Avenue, New York, NY 10016 was built in 1910.

What is the market value of 720 2nd Avenue, New York, NY 10016?

The current market value of 720 2nd Avenue, New York, NY 10016 is $3,554,000.

What is the total square footage of 720 2nd Avenue, New York, NY 10016?

720 2nd Avenue, New York, NY 10016 has a total of 10,800 square feet.

What is the price per square foot for this property?

$11,619 per square foot is the price for 720 2nd Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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