New York City  »  10016  »  E 40th St  »  3 E 40th St

Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016 - Property report

Also known as: 3 E 40th St

Property image for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016
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Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

1988

Lot sq. ft.

4,925

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
Hotel Courtyard New York Manhattan/Fifth Avenue
Primary address
Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street
Alternate address(es)
3-5 E 40th St
ZIP code
10016
Neighborhood
Murray Hill
Borough
Manhattan
Block & lot
01275-0006

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
84,500
Building dimensions
52.5 ft x 94.92 ft
Buildings on lot
1
Stories
31
Year built
1988
Building material
Tax
Tax year
2026-2027
Property tax
$1,756,974
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
52.5 ft x 94 ft
Lot sq. ft.
4,925

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.61 Miles
Closest fire station
0.19 Miles

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

Ownership

Ownership information for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th 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 Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/15/2026 - R Initial UCC1
(2026051200540010)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Assignment of Leases and Rents
(2026051200540009)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Assignment of Leases and Rents
(2026051200540008)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Assignment of Leases and Rents
(2026051200540007)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Mortgage
(2026051200540006)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Mortgage
(2026051200540005)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Mortgage
(2026051200540004)		 XXX XXX XXXXXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Certificate of Reduction
(2026051200540003)		 XXX XXXX X X XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Assignment, Mortgage
(2026051200540002)		 XXXXX XXXXX XXXX XX XXX XXXX X X
05/15/2026 - R
05/01/2026 - D		 Assignment of Lease
(2026051200540001)		 XXXXXXXXXXX XXXX XXXX XXXXXX XXX XXXXX XXX XXX XXX XXXXXXX (XXXXXXX) XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th 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
$1,756,974
Municipal exemptions
Recent tax assessments
Market value
$41,063,000
Assessed value
$18,478,350

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 $39,705,000 $17,867,250 $15,211,870 10.848% $1,650,184 $1,650,184 -0.52%
2024/25 $37,945,000 $17,075,250 $15,412,861 10.762% $1,658,732 $1,658,732 +3.98%
2023/24 $33,468,000 $15,060,600 $15,060,600 10.592% $1,595,219 $1,595,219 +4.56%
2022/23 $31,846,000 $14,330,700 $14,330,700 10.646% $1,525,646 $1,525,646 +4.64%
2021/22 $30,125,000 $13,556,250 $13,556,250 10.755% $1,457,975 $1,457,975 -29.97%
2020/21 $44,869,000 $20,191,050 $19,468,670 10.694% $2,081,980 $2,081,980 +3.21%
2019/20 $44,549,000 $20,047,050 $19,143,950 10.537% $2,017,198 $2,017,198 +2.89%
2018/19 $43,145,000 $19,415,250 $18,646,540 10.514% $1,960,497 $1,960,497 -0.80%
2017/18 $43,980,000 $19,791,000 $18,796,440 10.514% $1,976,258 $1,976,258 +4.63%
2016/17 $46,975,000 $21,138,750 $17,862,240 10.574% $1,888,753 $1,888,753 +6.40%
Permits

Permit information for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/18/2024 Alteration
03/07/2024 Alteration
10/16/2023 Alteration
05/24/2023 Alteration
06/16/2022 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
02/16/2022 Aeuhaz1-fail to certify class 1
02/08/2022 Fispfcs-failure to correct swarmp conditions (facade) facade required
02/08/2022 Fisphaz-hazardous condition (facade) facade required

*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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Madison Ave & 42nd St at SW Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.084
View subway map

Access the detailed traffic volume map for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016 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 Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY

57 W 58th St, New York 13 E 40th St, New York 52 E 41st St, New York 1414 6th Ave, New York 100 Park Ave, New York 40 Central Park S, New York 461 5th Ave, New York 30 Central Park S, New York 36 Central Park S, New York 286 Madison Ave, New York 285 Madison Ave, New York 292 Madison Ave, New York 21 W 58th St, New York 15 E 40th St, New York 24 Central Park S, New York 58 W 58th St, New York 290 Madison Ave, New York 295 Madison Ave, New York 50 Central Park S, New York 9 E 40th St, New York

Nearby ZIP codes for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016?

The development at Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016 was built in 1988.

What is the market value of Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016?

The current market value of Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016 is $41,063,000.

What is the total square footage of Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016?

Hotel Courtyard New York Manhattan/Fifth Avenue - 3 East 40th Street, New York, NY 10016 has a total of 84,500 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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