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Stuyvesant Town - 240 1st Avenue, New York, NY 10009 - Property report

Also known as: 240 1st Ave

Property image for Stuyvesant Town - 240 1st Avenue, New York, NY 10009
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Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1945

Lot sq. ft.

2,675,000

Sale price

$4,111,111,766

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Stuyvesant Town
Primary address
Stuyvesant Town - 240 1st Avenue
Alternate address(es)
1-3 Stuyvesant Oval
11 Stuyvesant Oval
12-16 Stuyvesant Oval
Show all
ZIP code
10009
Neighborhood
Stuyvesant Town
Borough
Manhattan
Block & lot
00972-0001

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
8,942,176
Building dimensions
1362 ft x 2023 ft
Buildings on lot
39
Stories
13
Year built
1945
Building material
Sales
Sale date
12/18/2015
Sale price
$4,111,111,766
Tax
Tax year
2026-2027
Property tax
$89,241,089
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8764
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
1362 ft x 2023 ft
Lot sq. ft.
2,675,000

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
97 /100.  Biker's Paradise
School district
2
Community district
6
Closest police station
0.44 Miles
Closest fire station
0.06 Miles

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

Ownership

Ownership information for Stuyvesant Town - 240 1st Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Stuyvesant Town - 240 1st Avenue, New York, NY 10009

Sale date Sale price Buyer name Seller name
12/18/2015 $4,111,111,766 XXX XX XXXXX XXX XX-XXX XXX
06/03/2014 $3,330,132,711 XX-XXX XXX XX XXXXX XX
11/17/2006 $4,040,527,104 XXX XX XXXXX XX XXXXXXXXXXXX XXXXX XXXX XXXXXXXXX XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/18/2026 - R UCC3 Termination
(2026021700213001)		 XXX XXX XXXXX XXX XXXXXX XXX
12/18/2025 - R UCC3 Termination
(2025121500288001)		 XXX XX XXXXX XXX XXXXXX XXX
12/18/2025 - R UCC3 Termination
(2025121500276001)		 XXX XXX XXXXX XXX XXXXXX XXX
12/09/2025 - R Initial UCC1
(2025120100792010)		 XXX XXX XXXXX XXX XXXXXX XXX
12/09/2025 - R UCC3 Termination
(2025120100792003)		 XXX XXX XXXXX XXX XXXXXX XXX
12/09/2025 - R UCC3 Termination
(2025120100792002)		 XXX XXX XXXXX XXX XXXXXX XXX
12/09/2025 - R UCC3 Termination
(2025120100792001)		 XXX XXX XXXXX XXX XXXXXX XXX
12/09/2025 - R
11/26/2025 - D		 Assignment, Mortgage
(2025120100792009)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXX XXX
12/09/2025 - R
11/26/2025 - D		 Agreement
(2025120100792008)		 XXX XXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/09/2025 - R
11/26/2025 - D		 Mortgage
(2025120100792007)		 XXX XXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Stuyvesant Town - 240 1st 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
$89,241,089
Municipal exemptions
Recent tax assessments
Market value
$1,757,609,000
Assessed value
$790,924,050

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 $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%
2020/21 $1,652,781,000 $743,751,450 $684,909,840 12.267% $84,017,890 $84,017,890 +4.02%
2019/20 $1,753,995,000 $789,297,750 $647,559,544 12.473% $80,770,102 $80,770,102 +5.86%
2018/19 $1,727,783,000 $777,502,350 $604,951,808 12.612% $76,296,522 $76,296,522 +13.93%
2017/18 $1,411,965,000 $635,384,250 $526,526,964 12.719% $66,968,965 $66,968,965 +9.59%
2016/17 $1,360,162,000 $612,072,900 $474,025,680 12.892% $61,111,391 $61,111,391 +12.26%
Permits

Permit information for Stuyvesant Town - 240 1st Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/08/2026 Alteration
08/06/2026 Alteration
08/06/2026 Alteration
08/05/2026 Alteration
08/05/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/03/2024 Bench-failure to benchmark none
10/04/2023 Aeuhaz1-fail to certify class 1 none
10/04/2023 Aeuhaz1-fail to certify class 1 none

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
0.2,AE,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1,2,3,4

Subway & traffic

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

Access the detailed traffic volume map for Stuyvesant Town - 240 1st Avenue, New York, NY 10009 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

Neighbors for Stuyvesant Town - 240 1st Avenue, New York, NY

114 W 41st St, New York 5 Bryant Park, New York 567 7th Ave, New York 630 1st Ave, New York 392 Asser Levy Pl, New York 230 Avenue C, New York 143 W 40th St, New York 1440 Broadway, New York 415 E 37th St, New York 401 E 34th St, New York 561 7th Ave, New York 1431 Broadway, New York 1435 Broadway, New York 417 E 37th St, New York 660 1st Ave, New York 276 Avenue C, New York 433 E 30th St, New York 419 E 36th St, New York 410 E 38th St, New York 650 1st Ave, New York

Nearby ZIP codes for Stuyvesant Town - 240 1st Avenue, New York, NY

10002, New York City, NY 10003, New York City, NY 10010, New York City, NY 10011, New York City, NY 10012, New York City, NY 10013, New York City, NY 10016, New York City, NY 10017, New York City, NY 10038, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10278, New York City, NY 11109, New York City, NY

Frequently asked questions

What is the year built for Stuyvesant Town - 240 1st Avenue, New York, NY 10009?

The development at Stuyvesant Town - 240 1st Avenue, New York, NY 10009 was built in 1945.

What is the market value of Stuyvesant Town - 240 1st Avenue, New York, NY 10009?

The current market value of Stuyvesant Town - 240 1st Avenue, New York, NY 10009 is $1,757,609,000.

What is the total square footage of Stuyvesant Town - 240 1st Avenue, New York, NY 10009?

Stuyvesant Town - 240 1st Avenue, New York, NY 10009 has a total of 8,942,176 square feet.

What is the price per square foot for this property?

$459 per square foot is the price for Stuyvesant Town - 240 1st Avenue, New York, NY 10009.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 48.

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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