New York City  »  10017  »  Lexington Ave  »  501 Lexington Ave

Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017 - Property report

Also known as: 121 E 47th St

Property image for Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017
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Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

1927

Lot sq. ft.

6,050

Sale price

$19,962,800

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
Roger Smith Hotel
Primary address
Roger Smith Hotel - 501 Lexington Avenue
Alternate address(es)
121 E 47th St
501-507 Lexington Ave
ZIP code
10017
Neighborhood
Turtle Bay
Borough
Manhattan
Block & lot
01302-0021

Owner

Find out who owns Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017. Uncover corporate and individual owners with a free account.

Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
92,501
Building dimensions
98 ft x 98 ft
Buildings on lot
1
Stories
17
Year built
1927
Last altered
2024
Building material
Sales
Sale date
10/31/2025
Sale price
$19,962,800
Tax
Tax year
2026-2027
Property tax
$1,055,958
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
100.42 ft x 100 ft
Lot sq. ft.
6,050

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.18 Miles
Closest fire station
0.40 Miles

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

Ownership

Ownership information for Roger Smith Hotel - 501 Lexington Avenue, 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 Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017

Sale date Sale price Buyer name Seller name
10/31/2025 $19,962,800 XXX XXXXXXXXX XXXXXXXXXXX XXXXXXX, XXX XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX, XXX
01/24/2024 $30,318,212 XXX XXXXXXXXX XXXXXXXXXXX XXXXXXX, XXX XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX, XXX
02/08/2022 $41,396,954 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXXXX XXXXX XXX XXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/13/2026 - R
12/30/2025 - D		 Both RPTT and RETT
(2026011300511001)		 XXXXXXX XXX XXXX XXXXXXXXX XXXXXXXXXXXX XXXXXX XXXXXX XXXX XXXXXXXX XXX
11/05/2025 - R UCC3 Amendment
(2025110301051001)		 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXXXXXX XXXXXXXX XXXX
11/05/2025 - R UCC3 Amendment
(2025110301050001)		 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXXXXXX XXXXXXXX XXXX
11/05/2025 - R UCC3 Amendment
(2025110301046001)		 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXXXXXX XXXXXXXX XXXX
11/07/2025 - R
10/31/2025 - D		 Release
(2025110400567004)		 XXXXXXX XXXXXXXX XXXX XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX
11/07/2025 - R
10/31/2025 - D		 Partial Release of Mortgage
(2025110400567003)		 XXXXXXX XXXXXXXX XXXX XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX
11/07/2025 - R
10/31/2025 - D		 Agreement
(2025110400567002)		 XXXXXXX XXX XXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX
11/07/2025 - R
10/31/2025 - D		 Deed
(2025110400567001)		 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXX XXXXXXXXX XXXXXXXXXXX XXXXXXX XXX
01/25/2024 - R UCC3 Amendment
(2024012500553001)		 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXXXXXX XXXXXXXX XXXX
01/25/2024 - R UCC3 Amendment
(2024012500543001)		 XXXXXXXXX XXXXXXXXXXXX XX XXXXXXXXX XXX XXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Roger Smith Hotel - 501 Lexington 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
$1,055,958
Municipal exemptions
Recent tax assessments
Market value
$23,281,000
Assessed value
$10,476,450

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 $22,901,000 $10,305,450 $9,264,960 10.848% $1,005,063 $1,005,063 -3.01%
2024/25 $22,779,000 $10,250,550 $9,628,740 10.762% $1,036,245 $1,036,245 +8.21%
2023/24 $20,091,000 $9,040,950 $9,040,950 10.592% $957,617 $957,617 +4.63%
2022/23 $19,105,000 $8,597,250 $8,597,250 10.646% $915,263 $915,263 +4.67%
2021/22 $18,068,000 $8,130,600 $8,130,600 10.755% $874,446 $874,446 -29.31%
2020/21 $26,943,000 $12,124,350 $11,567,730 10.694% $1,237,053 $1,237,053 +2.34%
2019/20 $26,735,000 $12,030,750 $11,471,610 10.537% $1,208,764 $1,208,764 +1.74%
2018/19 $26,657,000 $11,995,650 $11,299,880 10.514% $1,188,069 $1,188,069 +3.73%
2017/18 $25,398,000 $11,429,100 $10,893,230 10.514% $1,145,314 $1,145,314 +3.85%
2016/17 $25,402,000 $11,430,900 $10,429,410 10.574% $1,102,806 $1,102,806 +3.92%
Permits

Permit information for Roger Smith Hotel - 501 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/26/2025 Alteration CO
08/06/2025 Alteration
06/27/2025 Alteration CO
06/03/2025 Alteration
05/15/2025 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
02/20/2024 Fisphaz-hazardous condition (facade) facade required
06/03/2021 Bench-failure to benchmark none
04/29/2021 Egrade-failure to post energy grade/score none

*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
Lexington Ave & 50th St at NW Corner
Station lines
E-M-6
Distance (miles)
0.142
View subway map

Access the detailed traffic volume map for Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017 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 Roger Smith Hotel - 501 Lexington Avenue, New York, NY

129 E 47th St, New York 750 3rd Ave, New York 137 E 45th St, New York 245 Park Ave, New York 123 E 47th St, New York 143 E 47th St, New York 277 Park Ave, New York 125 E 47th St, New York 145 E 47th St, New York 148 E 48th St, New York 160 E 48th St, New York 485 Lexington Ave, New York 152 E 46th St, New York 140 E 46th St, New York 148 E 46th St, New York 131 E 45th St, New York 146 E 46th St, New York

Nearby ZIP codes for Roger Smith Hotel - 501 Lexington Avenue, New York, NY

10016, New York City, NY 10020, New York City, NY 10022, 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 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 Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017?

The development at Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017 was built in 1927.

What is the market value of Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017?

The current market value of Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017 is $23,281,000.

What is the total square footage of Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017?

Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017 has a total of 92,501 square feet.

What is the price per square foot for this property?

$215 per square foot is the price for Roger Smith Hotel - 501 Lexington Avenue, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

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