Manhattan  »  10036  »  7th Ave  »  701 7th Ave

The Edition Times Square - 701 7th Avenue, New York, NY 10036 - Property report

Also known as: 165-179 W 47th St

Property image for The Edition Times Square - 701 7th Avenue, New York, NY 10036
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Property type

Luxury Hotel (H1)

Year built

1909

Lot sq. ft.

16,066

Sale price

$719,100,000

General information

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Address
Building name
The Edition Times Square
Primary address
The Edition Times Square - 701 7th Avenue
Alternate address(es)
165-179 W 47th St
701-709 7th Ave
ZIP code
10036
Neighborhood
Theatre District - Times Square
Borough
Manhattan
Block & lot
01000-0001

Owner

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Building
Property type
Luxury Hotel (H1)
Building sq. ft.
369,864
Building dimensions
140 ft x 80.42 ft
Buildings on lot
1
Stories
42
Year built
1909
Last altered
1930
Building material
Sales
Sale date
04/27/2018
Sale price
$719,100,000
Tax
Tax year
2026-2027
Property tax
$6,627,286
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
160 ft x 100.42 ft
Lot sq. ft.
16,066

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.36 Miles
Closest fire station
0.15 Miles

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

Ownership information for The Edition Times Square - 701 7th 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 The Edition Times Square - 701 7th Avenue, New York, NY 10036

Sale date Sale price Buyer name Seller name
04/27/2018 $719,100,000 XX XXX XXXXXXXX XXX XXX XXXXXXX XXXXXXXX XXXXX XXX
04/27/2018 $672,900,000 XX XXX XXXXX XXXX XXX XXX XXXXXXX XXXXXXXX XXXXX XXX
04/27/2018 $100,000,000 XX XXX XXXX XXX XXX XXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/24/2023 - R
09/28/2023 - D
NYC Real Property Transfer Tax
(2023102000282001)
XX XXX XXXXXXXX XXXX XXX XXXXX XXXX XXX XXX
12/23/2022 - R UCC3 Continuation
(2022122100454001)
XX XXX XXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXX XX
03/02/2022 - R
02/24/2022 - D
Both RPTT and RETT
(2022022500810001)
XX XXX XXXXX XX XXX XX XXX XXXXXXXX XXXXX XXX
03/16/2022 - R
02/24/2022 - D
Assign/Term of Contract/Bid
(2022022500798001)
XXXXXXXXXXX X XXXXX XX XXX XXXXXXXX XXXXX XXX
06/07/2018 - R UCC3 Assignment
(2018060601193003)
XX XXX XXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
06/07/2018 - R
05/23/2018 - D
Asgn of Asgn of L&R
(2018060601193002)
XXXXXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/07/2018 - R
05/23/2018 - D
Assignment, Mortgage
(2018060601193001)
XXXXXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/07/2018 - R Initial UCC1
(2018050300766017)
XX XXX XXXXXX XXX XXXXXXX XXX XXXX XXXXXX
05/07/2018 - R Initial UCC1
(2018050300766014)
XX XXX XXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
05/07/2018 - R UCC3 Termination
(2018050300766010)
XXX XXXXXXX XXXXXXXX XXXXX XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Edition Times Square - 701 7th 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
$6,627,286
Municipal exemptions
Recent tax assessments
Market value
$159,280,000
Assessed value
$71,676,000

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 $147,652,000 $66,443,400 $56,975,457 10.848% $6,180,698 $6,180,698 +4.04%
2024/25 $138,507,528 $62,328,388 $55,198,747 10.762% $5,940,489 $5,940,489 +7.61%
2023/24 $133,772,000 $60,197,400 $52,119,894 10.592% $5,520,539 $5,520,539 +1.76%
2022/23 $116,172,000 $52,277,400 $50,959,519 10.646% $5,425,150 $5,425,150 +1.11%
2021/22 $113,538,000 $51,092,100 $49,890,863 10.755% $5,365,762 $5,365,762 +2.36%
2020/21 $127,910,782 $57,559,852 $49,020,961 10.694% $5,242,302 $5,242,302 +6.18%
2019/20 $104,298,050 $46,934,122 $46,857,509 10.537% $4,937,376 $4,937,376 +50.39%
2018/19 $69,647,613 $31,341,426 $31,226,506 10.514% $3,283,155 $3,283,155 +113.07%
2017/18 $35,627,453 $16,032,354 $14,655,183 10.514% $1,540,846 $1,540,846 +70.72%
2016/17 $24,408,000 $10,983,600 $8,535,434 10.574% $902,537 $902,537 +4.37%

Permit information for The Edition Times Square - 701 7th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/13/2026 Alteration
05/25/2026 Alteration
05/08/2026 Alteration
03/31/2026 Alteration
03/19/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*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
-

Subway & traffic

Closest station
7th Ave & 47th St at SE Corner
Station lines
N-Q-R
Distance (miles)
0.022

Access the detailed traffic volume map for The Edition Times Square - 701 7th Avenue, New York, NY 10036 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 The Edition Times Square - 701 7th Avenue, New York, NY 10036?

The development at The Edition Times Square - 701 7th Avenue, New York, NY 10036 was built in 1909.

What is the market value of The Edition Times Square - 701 7th Avenue, New York, NY 10036?

The current market value of The Edition Times Square - 701 7th Avenue, New York, NY 10036 is $159,280,000.

What is the total square footage of The Edition Times Square - 701 7th Avenue, New York, NY 10036?

The Edition Times Square - 701 7th Avenue, New York, NY 10036 has a total of 369,864 square feet.

What is the price per square foot for this property?

$1,944 per square foot is the price for The Edition Times Square - 701 7th Avenue, New York, NY 10036.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

How many active listings does The Edition Times Square - 701 7th Avenue, New York, NY 10036 have?

This address has 2 active listing(s).

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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