Manhattan  »  10023  »  W 61st St  »  242 W 61st St

242 West 61st Street, New York, NY 10023 - Property report

Also known as: 242 W 61st St

Property image for 242 West 61st Street, New York, NY 10023
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Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

1900

Lot sq. ft.

5,020

Sale price

$8,400,000

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
242 West 61st Street
Alternate address(es)
242-244 W 61st St
242 Alvin Ailey Pl
ZIP code
10023
Neighborhood
Lincoln Square
Borough
Manhattan
Block & lot
01152-0056

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
23,182
Building dimensions
50 ft x 88 ft
Buildings on lot
1
Stories
6
Year built
1900
Last altered
1984
Building material
Sales
Sale date
12/17/2007
Sale price
$8,400,000 - M
Tax
Tax year
2026-2027
Property tax
$353,689
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
27
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 100.42 ft
Lot sq. ft.
5,020

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
3
Community district
7
Closest police station
0.53 Miles
Closest fire station
0.58 Miles

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

Ownership

Ownership information for 242 West 61st Street, 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 242 West 61st Street, New York, NY 10023

Sale date Sale price Buyer name Seller name
12/17/2007 $8,400,000 XXX-XXX XXXX XXXX XXXXXX X X , XXX XXX XXXXXX, XXX
04/29/2004 $5,600,000 XXX XXXXXX XXXXXXX XXXXXXXXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/16/2013 - R
12/12/2012 - D		 Sundry Miscellaneous
(2012121800647001)		 XXXXXX XXXX XXXX XXXXXX XX XXX
12/21/2007 - R
12/17/2007 - D		 Deed
(2007121801657001)		 XXX XXXXXX XXX XXXXXX XXXX XXXX XXXXXX X X XXX
03/30/2007 - R
01/31/2007 - D		 Declaration
(2007031300622001)		 XXXXXX XXX
03/15/2007 - R
01/31/2007 - D		 Declaration
(2007031300395001)		 XXXX XXX XXXXXXXXXXX XXX XXX XXXXXX XXX
07/25/2005 - R
07/13/2005 - D		 Dec of Development Rights
(2005071301946001)		 XXX XXXXXX XXX XXXX XXX XXXXXXXXXXX XXX
09/30/2004 - R
08/31/2004 - D		 Sundry Miscellaneous
(2004091600919001)		 XXX XXXXXX XX XXX XXX XXXXXX XXX
09/30/2004 - R
08/31/2004 - D		 Development Rights
(2004091600862001)		 XXX XXXXXX XXX XXX XXXXXX XX XXX
09/30/2004 - R
08/31/2004 - D		 Declaration
(2004091600314001)		 XXXXXX XXX
09/30/2004 - R
08/31/2004 - D		 Subordination of Mortgage
(2004091502335001)		 XXXXXX XXX XXX XXXXXX XXX
09/30/2004 - R
08/31/2004 - D		 Declaration
(2004091502319001)		 XXX XXXXXX XX XXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 West 61st 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
$353,689
Municipal exemptions
Recent tax assessments
Market value
$6,802,000
Assessed value
$3,060,900

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 $6,615,000 $2,976,750 $2,751,320 12.439% $342,237 $342,237 +0.65%
2024/25 $6,301,000 $2,835,450 $2,720,180 12.5% $340,023 $340,023 +6.91%
2023/24 $5,653,000 $2,543,850 $2,543,850 12.502% $318,032 $318,032 -5.40%
2022/23 $7,067,000 $3,180,150 $2,740,610 12.267% $336,191 $336,191 +5.70%
2021/22 $5,779,000 $2,600,550 $2,599,580 12.235% $318,059 $318,059 +1.30%
2020/21 $6,269,000 $2,821,050 $2,559,470 12.267% $313,970 $313,970 +2.84%
2019/20 $5,686,000 $2,558,700 $2,447,779 12.473% $305,311 $305,311 +6.80%
2018/19 $5,987,000 $2,694,150 $2,266,679 12.612% $285,874 $285,874 -0.77%
2017/18 $6,421,000 $2,889,450 $2,265,029 12.719% $288,089 $288,089 -2.12%
2016/17 $5,809,000 $2,614,050 $2,282,939 12.892% $294,316 $294,316 +3.16%
Permits

Permit information for 242 West 61st Street, New York, NY

Filing date Job type Job status Job description Initial cost
08/19/2025 Alteration
06/17/2011 Alteration type 2
12/28/2010 Alteration type 2
07/20/2010 Alteration type 3
06/29/2010 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/09/2019 E-elevator elevatorrequired
01/03/2017 Acc1-(other BLDGS types) - elevator affirmation of correction
10/31/2014 Evcat1-elevator annual inspection / test

*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

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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
Broadway & 66th St at SE Corner
Station lines
1
Distance (miles)
0.35
View subway map

Access the detailed traffic volume map for 242 West 61st Street, New York, NY 10023 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 242 West 61st Street, New York, NY

239 W 63rd St, New York 80 W End Ave, New York 110 W End Ave, New York 210 W 61st St, New York 232 W 60th St, New York 105 W 78th St, New York 227 W 61st St, New York 236 W 64th St, New York 40-94 Amsterdam Ave, New York 247 W 63rd St, New York 200 W 60th St, New York 537 W 59th St, New York 130 W 79th St, New York 386 Columbus Ave, New York 110 W 79th St, New York 30 W End Ave, New York 20 W End Ave, New York 515 W 59th St, New York 243 W 63rd St, New York 235 W 63rd St, New York

Nearby ZIP codes for 242 West 61st Street, New York, NY

10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10022, New York City, NY 10036, New York City, NY 10065, New York City, NY 10069, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, 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 242 West 61st Street, New York, NY 10023?

The development at 242 West 61st Street, New York, NY 10023 was built in 1900.

What is the total square footage of 242 West 61st Street, New York, NY 10023?

242 West 61st Street, New York, NY 10023 has a total of 23,182 square feet.

When was 242 West 61st Street, New York, NY 10023 last sold and what was the sale price?

242 West 61st Street, New York, NY 10023 was last sold on 12/17/2007 for $8,400,000.

What is the assessed value of 242 West 61st Street, New York, NY 10023?

242 West 61st Street, New York, NY 10023 is currently assessed at $3,060,900.

What are the property taxes for 242 West 61st Street, New York, NY 10023?

The property taxes for 242 West 61st Street, New York, NY 10023 total $353,689.

How many residential units does this building have?

This building has 27 residential unit(s).

Disclaimer

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