New York City  »  10022  »  E 57th St  »  1 E 57th St

1 East 57th Street, New York, NY 10022 - Property report

Also known as: 737-741 5th Ave

Property image for 1 East 57th Street, New York, NY 10022
static Mapbox map

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1931

Lot sq. ft.

6,225

Sale price

$3,134,882

General information

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Address
Primary address
1 East 57th Street
Alternate address(es)
737-741 5th Ave
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01293-0001

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
91,060
Building dimensions
62.3 ft x 100 ft
Buildings on lot
1
Stories
16
Year built
1931
Last altered
2025
Building material
Sales
Sale date
08/28/2008
Sale price
$3,134,882
Tax
Tax year
2026-2027
Property tax
$2,536,919
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
62.25 ft x 100 ft
Lot sq. ft.
6,225

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.42 Miles
Closest fire station
0.43 Miles

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

Ownership information for 1 East 57th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1 East 57th Street, New York, NY 10022

Sale date Sale price Buyer name Seller name
08/28/2008 $3,134,882 XXX XXXX XXXX XXXXXX, XXX XXX XXXX XXXXXXX XXXXXXXX X X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/25/2011 - R
06/16/2011 - D
Zoning Lot Description
(2011071500764001)
XXX XXXX XXXX XXXXXX XXX
07/25/2011 - R
12/01/2010 - D
Certificate
(2011071500764002)
XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
09/18/2008 - R
08/28/2008 - D
NYC Real Property Transfer Tax
(2008091200173001)
XXX XXXX XXXXXXX XXXXXXXX X X XXX XXXX XXXX XXXXXX XXX
08/12/2008 - R
08/06/2008 - D
Satisfaction of Mortgage
(2008080800532001)
XXXX XXXXXX XXXXXXXXXXX X X XXX
07/05/2002 - R UCC3 Continuation
(1780008702878)
XXXXXXXXXXXX XXXXX XXXXX XXXXXXX XX XXXXXX XXXX
05/11/2001 - R Sundry Miscellaneous
(1430007648343)
XX XXXXX XXXXXX XXX
04/18/2001 - R Agreement
(1520007626952)
04/24/2001 - R
04/16/2001 - D
Deed
(1270007637027)
XXXX XXXXXX XXXXXXXXXXX XX XXX XXX XXXX XXXX XXXXXXXXX
11/28/2000 - R Assignment, Mortgage
(1230007431923)
XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
11/28/2000 - R Agreement
(1190007431919)
XXXX XXXXXX XXXXXXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1 East 57th 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
$2,536,919
Municipal exemptions
Recent tax assessments
Market value
$52,226,000
Assessed value
$23,501,700

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 $54,359,000 $24,461,550 $22,660,020 10.848% $2,458,159 $2,458,159 -0.87%
2024/25 $52,759,000 $23,741,550 $23,041,530 10.762% $2,479,729 $2,479,729 +0.56%
2023/24 $51,736,000 $23,281,200 $23,281,200 10.592% $2,465,945 $2,465,945 +5.55%
2022/23 $48,765,000 $21,944,250 $21,944,250 10.646% $2,336,185 $2,336,185 +9.31%
2021/22 $44,159,000 $19,871,550 $19,871,550 10.755% $2,137,185 $2,137,185 -18.37%
2020/21 $58,598,000 $26,369,100 $24,482,880 10.694% $2,618,199 $2,618,199 +6.14%
2019/20 $57,235,000 $25,755,750 $23,410,886 10.537% $2,466,805 $2,466,805 +6.06%
2018/19 $55,741,000 $25,083,450 $22,121,546 10.514% $2,325,859 $2,325,859 +6.16%
2017/18 $52,464,000 $23,608,800 $20,838,236 10.514% $2,190,932 $2,190,932 +0.65%
2016/17 $47,994,000 $21,597,300 $20,586,596 10.574% $2,176,827 $2,176,827 -2.32%

Permit information for 1 East 57th Street, New York, NY

Filing date Job type Job status Job description Initial cost
05/29/2026 Alteration
05/27/2026 Alteration
05/27/2026 Alteration
05/21/2026 Alteration
05/21/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/05/2025 Aeuhaz1-fail to certify class 1 none
02/22/2024 Fispnrf-no report and / OR late filing (facade) facade required
12/17/2021 Evcat5-non-residential elevator periodic inspection/test

*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
Grand Army Plaza & Central Park South at SW Corner
Station lines
N-Q-R
Distance (miles)
0.114

Access the detailed traffic volume map for 1 East 57th Street, New York, NY 10022 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 1 East 57th Street, New York, NY 10022?

The development at 1 East 57th Street, New York, NY 10022 was built in 1931.

What is the market value of 1 East 57th Street, New York, NY 10022?

The current market value of 1 East 57th Street, New York, NY 10022 is $52,226,000.

What is the total square footage of 1 East 57th Street, New York, NY 10022?

1 East 57th Street, New York, NY 10022 has a total of 91,060 square feet.

What is the price per square foot for this property?

$34 per square foot is the price for 1 East 57th Street, New York, NY 10022.

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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