Manhattan » 10019 » W 54th St » 240 W 54th St

240 West 54th Street, New York, NY 10019 - Property report

Also known as: 238-240 W 54th St

Property image for 240 West 54th Street, New York, NY 10019

Property type

Predominant Retail with Other Uses (K4)

Year built

1917

Lot sq. ft.

5,020

Sale price

$21,000,000

General information

Address

Primary address

240 West 54th Street

Alternate address(es)

238-240 W 54th St

ZIP code

10019

Neighborhood

Theatre District - Times Square

Borough

Manhattan

Block & lot

01025-0051

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

28,325

Building dimensions

50 ft x 95 ft

Buildings on lot

Stories

Year built

1917

Last altered

2006

Building material

Sales

Sale date

05/15/2024

Sale price

$21,000,000

Tax

Tax year

2026-2027

Property tax

$422,678

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Commercial units

Retail sq. ft.

Lot

Lot dimensions

50 ft x 100.42 ft

Lot sq. ft.

5,020

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

88 /100. Very Bikeable

School district

Community district

Closest police station

0.10 Miles

Closest fire station

0.22 Miles

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

Ownership

Ownership information for 240 West 54th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 240 West 54th Street, New York, NY 10019

Sale date	Sale price	Buyer name	Seller name
05/15/2024	$21,000,000	XX X XXXX XXXXXX XXX	XXXXXXX XX XXXXXX XX. , XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/14/2024 - R 11/05/2024 - D	Zoning Lot Description (2024111200880002)	XX X XXXX XX XXX
11/14/2024 - R 11/05/2024 - D	Certificate (2024111200880001)	XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX XX XX
05/29/2024 - R	UCC3 Termination (2024052300548007)	XXXXXXX XX XXXXXX XX X X X	XXXXX XX XXXXXX XX XXX
05/29/2024 - R	UCC3 Assignment (2024052300548006)	XXXXXXX XX XXXXXX XX X X X	XXXXX XXXXXX XXXXXXX XXXXXXXX XXX
05/28/2024 - R 05/15/2024 - D	Deed (2024052300678001)	XXXXXXX XX XXXXXX XX XXX	XX X XXXX XXXXXX XXX
05/29/2024 - R 05/15/2024 - D	Sundry Miscellaneous (2024052300548005)	XXXXXX XXXX XXXX XXXXXX XXX
05/29/2024 - R 05/15/2024 - D	Termination of Assign of L&R (2024052300548004)	XXXXX XX XXXXXX XX XXX	XXXXXXX XX XXXXXX XX X X X
05/29/2024 - R 05/15/2024 - D	Satisfaction of Mortgage (2024052300548003)	XXXXXXX XX XXXXXX XX X X X	XXXXX XX XXXXXX XX XXX
05/29/2024 - R 05/15/2024 - D	Termination of Assign of L&R (2024052300548002)	XXXXX XXXXXX XXXXXXX XXXXXXXX XXX	XXXXXXX XX XXXXXX XX X X X
05/29/2024 - R 05/15/2024 - D	Satisfaction of Mortgage (2024052300548001)	XXXXXXX XX XXXXXX XX X X X	XXXXX XXXXXX XXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 240 West 54th Street, 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

$422,678

Municipal exemptions

Recent tax assessments

Market value

$9,407,000

Assessed value

$4,233,150

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	$8,816,000	$3,967,200	$3,732,570	10.848%	$404,909	$404,909	-3.31%
2024/25	$8,647,000	$3,891,150	$3,891,150	10.762%	$418,766	$418,766	+4.49%
2023/24	$8,408,000	$3,783,600	$3,783,600	10.592%	$400,759	$400,759	+4.37%
2022/23	$8,015,000	$3,606,750	$3,606,750	10.646%	$383,975	$383,975	+4.57%
2021/22	$7,587,000	$3,414,150	$3,414,150	10.755%	$367,192	$367,192	-16.44%
2020/21	$11,381,000	$5,121,450	$4,109,400	10.694%	$439,459	$439,459	+0.65%
2019/20	$10,500,000	$4,725,000	$4,143,510	10.537%	$436,602	$436,602	+19.37%
2018/19	$8,829,000	$3,973,050	$3,478,860	10.514%	$365,767	$365,767	+17.64%
2017/18	$8,205,000	$3,692,250	$2,957,250	10.514%	$310,925	$310,925	+17.68%
2016/17	$6,745,000	$3,035,250	$2,498,800	10.574%	$264,223	$264,223	+14.70%

Permits

Permit information for 240 West 54th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/26/2026	Full demolition
07/14/2025	Full demolition
06/18/2025	Full demolition
03/24/2025	Full demolition
03/10/2025	Full demolition

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	09/06/2019	Acc1-(other BLDGS types) - elevator affirmation of correction
	10/16/2017	E-elevator
	09/21/2016	E-elevator

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Broadway & 53rd St at NE Corner

Station lines

B-D-E

Distance (miles)

0.063

View subway map

Access the detailed traffic volume map for 240 West 54th Street, New York, NY 10019 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 240 West 54th Street, New York, NY

850 7th Ave, New York 254 W 54th St, New York 229 W 53rd St, New York 1710 Broadway, New York 842 7th Ave, New York 1697 Broadway, New York 243 W 54th St, New York 236 W 54th St, New York 230 W 54th St, New York 242 W 53rd St, New York 1681 Broadway, New York 200 W 54th St, New York 250 W 54th St, New York 237 W 54th St, New York 205 W 54th St, New York 225 W 53rd St, New York 1674 Broadway, New York 810 7th Ave, New York 800 7th Ave, New York

Nearby ZIP codes for 240 West 54th Street, New York, NY

10001, New York City, NY 10018, New York City, NY 10020, New York City, NY 10023, New York City, NY 10036, New York City, NY 10069, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 240 West 54th Street, New York, NY 10019?

The development at 240 West 54th Street, New York, NY 10019 was built in 1917.

What is the market value of 240 West 54th Street, New York, NY 10019?

The current market value of 240 West 54th Street, New York, NY 10019 is $9,407,000.

What is the total square footage of 240 West 54th Street, New York, NY 10019?

240 West 54th Street, New York, NY 10019 has a total of 28,325 square feet.

What is the price per square foot for this property?

$741 per square foot is the price for 240 West 54th Street, New York, NY 10019.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.