New York City  »  10018  »  9th Ave  »  541 9th Ave

541 9th Avenue, New York, NY 10018 - Property report

Also known as: 401 W 40th St

Property image for 541 9th Avenue, New York, NY 10018
static Mapbox map

Property type

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

Year built

1890

Lot sq. ft.

11,100

Sale price

$3,987,332

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
Primary address
541 9th Avenue
Alternate address(es)
401 W 40th St
403 A W 40th St
403 W 40th St
ZIP code
10018
Neighborhood
Clinton - Hell's Kitchen
Borough
Manhattan
Block & lot
01050-0029

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
42,401
Building dimensions
18 ft x 76 ft
Buildings on lot
1
Stories
5
Year built
1890
Last altered
1998
Building material
Sales
Sale date
09/28/2018
Sale price
$3,987,332
Tax
Tax year
2026-2027
Property tax
$78,293
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
38
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
74 ft x 150 ft
Lot sq. ft.
11,100

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
4
Closest police station
0.21 Miles
Closest fire station
0.13 Miles

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

Ownership information for 541 9th 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 541 9th Avenue, New York, NY 10018

Sale date Sale price Buyer name Seller name
09/28/2018 $3,987,332 XXXXXXX X-X-XX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX, X XXX XXXX XXXXXX XXXX XXXX XXXXXXX XXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/18/2019 - R
07/03/2019 - D
Zoning Lot Description
(2019071600369002)
XXXXXXX XXXXXXX XXXX XXXX XXXXXXXX X X
07/18/2019 - R
07/03/2019 - D
Certificate
(2019071600369001)
XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
06/27/2019 - R
05/13/2019 - D
Satisfaction of Mortgage
(2019062600220001)
XXXXXXX XXXXXXX XXXX XXXX XXXXXXXX XX XXX XXXX XXXXX XXXXXXXX XX XXXXXXX XXX XXXXXXXXX
01/03/2019 - R
12/10/2018 - D
Sundry Agreement
(2019010200348001)
XXX XXXX XX XXX XXXX XXXXXXX XXXXXXX XXXX XXXX XXXXXXXX X X
10/16/2018 - R
09/28/2018 - D
Both RPTT and RETT
(2018101600493001)
XXX XXXX XXXXXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX X
10/29/2008 - R
09/05/2008 - D
Assignment of Lease
(2008090600034001)
XXX XXX XXX XXXXXXXX XXXXXX
04/05/1999 - R Mortgage
(ft_1190006543519)
XXXXXXX XXXXXXX XXXXXXXX XXXXXXXX X X XXXXX XX XXX XXXX
12/31/1997 - R Certificate
(1610005887361)
XXXXX XXXXXXXX XXXXXXXXXXXXXX XXXXXXX XX XXX XXXX
05/29/1997 - R Agreement
(1330005626833)
XXXXXXX XXXXXXX XXXXXXXX XXXXXXXX XX
05/29/1997 - R Agreement
(1250005626825)
XXXXXXX XXXXXXX XXXXXXXX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 541 9th 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
$78,293
Municipal exemptions
Recent tax assessments
Market value
$8,210,000
Assessed value
$3,694,500

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 $7,514,000 $3,381,300 $599,167 12.439% $392,265 $74,530 +0.91%
2024/25 $7,068,000 $3,180,600 $590,873 12.5% $388,733 $73,859 +0.70%
2023/24 $6,875,000 $3,093,750 $586,667 12.502% $386,027 $73,345 +2.31%
2022/23 $7,141,000 $3,213,450 $584,427 12.267% $377,324 $71,692 +6.40%
2021/22 $6,441,000 $2,898,450 $550,705 12.235% $354,625 $67,379 -1.00%
2020/21 $7,029,000 $3,163,050 $554,844 12.267% $358,225 $68,063 +6.21%
2019/20 $6,822,000 $3,069,900 $513,769 12.473% $337,276 $64,082 -79.69%
2018/19 $6,744,000 $3,034,800 $2,501,280 12.612% $315,461 $315,461 +8.48%
2017/18 $6,436,000 $2,896,200 $2,286,360 12.719% $290,802 $290,802 +14.59%
2016/17 $5,416,000 $2,437,200 $1,968,480 12.892% $253,776 $253,776 +14.62%

Permit information for 541 9th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
03/07/2023 Alteration
04/18/2022 Alteration
11/09/2021 Alteration type 2
10/13/2021 Alteration
09/24/2019 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
06/30/2023 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
6

Subway & traffic

Closest station
8th Ave & 40th St at SW Corner
Station lines
A-C-E-N-Q-R-S-1-2-3-7
Distance (miles)
0.179

Access the detailed traffic volume map for 541 9th Avenue, New York, NY 10018 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 541 9th Avenue, New York, NY 10018?

The development at 541 9th Avenue, New York, NY 10018 was built in 1890.

What is the market value of 541 9th Avenue, New York, NY 10018?

The current market value of 541 9th Avenue, New York, NY 10018 is $8,210,000.

What is the total square footage of 541 9th Avenue, New York, NY 10018?

541 9th Avenue, New York, NY 10018 has a total of 42,401 square feet.

What is the price per square foot for this property?

$94 per square foot is the price for 541 9th Avenue, New York, NY 10018.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

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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