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Stuyvesant Town - 240 1st Avenue, New York, NY Property Information

Stuyvesant Town - 240 1st Avenue, New York, NY Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Stuyvesant Town - 240 1st Avenue, New York, NY 4
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Address

Building name Stuyvesant Town
Primary address Stuyvesant Town - 240 1st Avenue
Secondary address 240-252 1st Ave
Neighborhood Stuyvesant Town
Zip code 10009
Borough Manhattan
Block & lot 00972-0001

Sales & Tax Overview for 240 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 12/18/2015
Purchase price $4,111,111,766
Tax class

Lot & Building Information for 240 1st Avenue, New York

Lot sq. ft. 2,675,000
Lot dimensions 1362 ft x 2023 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 8,942,176
Building dimensions 1362 ft x 2023 ft
Buildings on lot 39
Stories 13
Year built 1945
Status
Status date
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Zoning & Use for 240 1st Avenue, New York

Zoning
Residential units (DOF) 8,764
Regulatory status Rent stabilized
Stabilized units 8768
Commercial units 48
Residential sqft
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.44 Miles
Closest fire station 0.06 Miles

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

Other Property Data for 240 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 Stuyvesant Town - 240 1st Avenue, New York, NY, 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 Stuyvesant Town - 240 1st Avenue, New York, NY, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 240-252 1st Ave, New York, NY 10009
  • 254-268 1st Ave, New York, NY 10009
  • 270 1st Ave, New York, NY 10009
  • 272-278 1st Ave, New York, NY 10009
  • 280 1st Ave, New York, NY 10009
  • 282-300 1st Ave, New York, NY 10009
  • 310 1st Ave, New York, NY 10009
  • 312-328 1st Ave, New York, NY 10009
  • 330-344 1st Ave, New York, NY 10009
  • 346 1st Ave, New York, NY 10009
  • 276 1st Avenue Loop, New York, NY 10009
  • 405 E 14th St, New York, NY 10009
  • 409-423 E 14th St, New York, NY 10009
  • 435-445 E 14th St, New York, NY 10009
  • 447-455 E 14th St, New York, NY 10009
  • 505-515 E 14th St, New York, NY 10009
  • 521-525 E 14th St, New York, NY 10009
  • 527 E 14th St, New York, NY 10009
  • 535-545 E 14th St, New York, NY 10009
  • 605-625 E 14th St, New York, NY 10009
  • 627-633 E 14th St, New York, NY 10009
  • 635-645 E 14th St, New York, NY 10009
  • 647-655 E 14th St, New York, NY 10009
  • 400-410 E 20th St, New York, NY 10009
  • 420 E 20th St, New York, NY 10009
  • 430-440 E 20th St, New York, NY 10009
  • 442-450 E 20th St, New York, NY 10009
  • 510-520 E 20th St, New York, NY 10009
  • 522-526 E 20th St, New York, NY 10009
  • 528 E 20th St, New York, NY 10009
  • 530-540 E 20th St, New York, NY 10009
  • 610-620 E 20th St, New York, NY 10009
  • 622-628 E 20th St, New York, NY 10009
  • 245 Avenue C, New York, NY 10009
  • 251 Avenue C, New York, NY 10009
  • 271 Avenue C, New York, NY 10009
  • 277 Avenue C, New York, NY 10009
  • 279 Avenue C, New York, NY 10009
  • 281-287 Avenue C, New York, NY 10009
  • 309 Avenue C, New York, NY 10009
  • 315-323 Avenue C, New York, NY 10009
  • 325-327 Avenue C, New York, NY 10009
  • 1-3 Stuyvesant Oval, New York, NY 10009
  • 2-4 Stuyvesant Oval, New York, NY 10009
  • 5-9 Stuyvesant Oval, New York, NY 10009
  • 6-10 Stuyvesant Oval, New York, NY 10009
  • 11 Stuyvesant Oval, New York, NY 10009
  • 12-16 Stuyvesant Oval, New York, NY 10009
  • 15 Stuyvesant Oval, New York, NY 10009
  • 17 Stuyvesant Oval, New York, NY 10009
  • 17 A Stuyvesant Oval, New York, NY 10009
  • 18-20 Stuyvesant Oval, New York, NY 10009
  • 19-21 Stuyvesant Oval, New York, NY 10009

About 240 1st Avenue, New York

How many sq. ft. does Stuyvesant Town - 240 1st Avenue, New York, NY have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at Stuyvesant Town - 240 1st Avenue, New York, NY has a total of 8,942,176 square feet and a current price per square foot of $459.

What is the year built & the current market value of Stuyvesant Town - 240 1st Avenue, New York, NY?

Stuyvesant Town - 240 1st Avenue, New York, NY was built in 1945 and has a current tax assessor's market value of $1,757,609,000.

How many commercial spaces does this building have?

This building has 48 commercial spaces available for lease.

Ownership Information for 240 1st Avenue, New York

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Property owner name for Stuyvesant Town - 240 1st Avenue, New York, NY
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Building contacts for Stuyvesant Town - 240 1st Avenue, New York, NY
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jul 29, 2026 How to Contact Property Owners: Cold Calling Scripts, Email Templates & Outreach Tips 
When it comes to efficiently contacting property owners, the challenge is twofold: First, you need to identify the right owner. Then, you need to reach that owner through the appropriate channel with the right message. Enhanced by effective follow-up tips and tactics, this guide is particularly useful for investors, agents and other real estate professionals who need an effective outreach process.
Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
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Past Sales & Property History for 240 1st Avenue, New York

Create a free account to view the complete sales history for 240 1st Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
12/18/2015 $4,111,111,766
06/03/2014 $3,330,132,711
11/17/2006 $4,040,527,104
       
       
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*Here are the three most recent sales for this property.

Title Documents for 240 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
02/18/2026 - R UCC3 Termination
(2026021700213001)
12/18/2025 - R UCC3 Termination
(2025121500288001)
12/18/2025 - R UCC3 Termination
(2025121500276001)
12/09/2025 - R Initial UCC1
(2025120100792010)
12/09/2025 - R UCC3 Termination
(2025120100792003)
12/09/2025 - R UCC3 Termination
(2025120100792002)
12/09/2025 - R UCC3 Termination
(2025120100792001)
12/09/2025 - R
11/26/2025 - D
Assignment, Mortgage
(2025120100792009)
12/09/2025 - R
11/26/2025 - D
Agreement
(2025120100792008)
12/09/2025 - R
11/26/2025 - D
Mortgage
(2025120100792007)
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R: Recorded date
D: Document date

Property Taxes for 240 1st Avenue, New York

Access detailed property tax data for Stuyvesant Town - Stuyvesant Town - 240 1st Avenue, New York, NY. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $89,241,089
Tax assessor's market value: $1,757,609,000
Assessed value: $790,924,050

Assessment History for 240 1st Avenue, New York

Here's the assessment & property tax history for 240 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 $1,759,591,000 $791,815,950 $687,246,844 12.439% $85,486,635 $85,347,861 +1.88%
2024/25 $1,502,480,000 $676,116,000 $676,116,000 12.5% $84,514,500 $83,776,686 +1.80%
2023/24 $1,462,767,000 $658,245,150 $658,245,150 12.502% $82,293,809 $82,293,809 -3.30%
2022/23 $1,564,692,000 $704,111,400 $693,763,954 12.267% $85,104,024 $85,104,024 +14.85%
2021/22 $1,345,863,000 $605,638,350 $605,638,350 12.235% $74,099,852 $74,099,852 -11.80%

Permits for 240 1st Avenue, New York

The complete history of permits filed for 240 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
07/23/2026 Alteration
07/23/2026 Alteration
07/23/2026 Alteration
07/22/2026 Alteration
07/22/2026 Alteration
07/22/2026 Alteration
07/16/2026 Alteration
07/15/2026 Alteration
07/13/2026 Alteration
07/10/2026 Alteration
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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,X (See more on map)
Hurricane evacuation zone: 1,2,3,4 (See more on map)

Transportation

Distance to Subway
Closest station 1st Ave & 14th St at NE Corner
Station lines L
Distance (miles) 0.223
View subway map

Neighbors for 240 1st Avenue, New York

Here are the neighbors for Stuyvesant Town - Stuyvesant Town - 240 1st Avenue, New York, NY.

Address Square feet Purchase date Purchase price
114 W 41st St, New York 304,345 11/25/2025 $133,000,000
5 Bryant Park, New York 654,137 05/23/2018 $640,000,000
567 7th Ave, New York 4,149 04/10/2013 $7,250,000
630 1st Ave, New York 550,141
392 Asser Levy Pl, New York 19,806
230 Avenue C, New York 05/22/2000
143 W 40th St, New York 43,571 11/15/2001
1440 Broadway, New York 747,576 02/02/2019
415 E 37th St, New York 530,000
401 E 34th St, New York 841,470 07/19/2011 $443,403,000
561 7th Ave, New York 71,741 07/15/2009
1431 Broadway, New York 37,645 05/19/2003
1435 Broadway, New York 22,855 11/15/2001
417 E 37th St, New York 34,000 05/16/2007 $202,500
660 1st Ave, New York 98,940 08/21/1998
276 Avenue C, New York 05/22/2000
433 E 30th St, New York 2,076,426
419 E 36th St, New York
410 E 38th St, New York 9,954 05/29/2024 $4,100,000
650 1st Ave, New York 116,191 03/23/2023 $33,500,000
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