Manhattan  »  10022  »  E 54th St  »  123 E 54th St

Park 54 - 123 East 54th Street, New York, NY 10022 - Property report

Also known as: 123 E 54th St

Property image for Park 54 - 123 East 54th Street, New York, NY 10022
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

1977

Lot sq. ft.

6,761

Sale price

$37,690,000

General information

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Address
Building name
Park 54
Primary address
Park 54 - 123 East 54th Street
Alternate address(es)
123-129 E 54th St
125-129 E 54th St
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01309-0008

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
56,073
Building dimensions
67.3 ft x 55 ft
Buildings on lot
1
Stories
15
Year built
1977
Last altered
2021
Building material
Sales
Sale date
11/09/2022
Sale price
$37,690,000
Tax
Tax year
2026-2027
Property tax
$1,318,111
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
64
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
67.33 ft x 100.42 ft
Lot sq. ft.
6,761

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
0.15 Miles
Closest fire station
0.63 Miles

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Ownership information for Park 54 - 123 East 54th 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 Park 54 - 123 East 54th Street, New York, NY 10022

Sale date Sale price Buyer name Seller name
11/09/2022 $37,690,000 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXX XXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/21/2026 - R UCC3 Termination
(2026011800019013)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
01/21/2026 - R UCC3 Termination
(2026011800019012)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
01/21/2026 - R UCC3 Termination
(2026011800019011)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXXX
01/21/2026 - R
01/08/2026 - D
Termination of Assign of L&R
(2026011800019010)
XXXXXXXXX XXXX XXX XXXX XXXX XXXXXX XXXXX XXX
01/21/2026 - R
01/08/2026 - D
Termination of Assign of L&R
(2026011800019009)
XXXXXXXXX XXXX XXX XXXX XXXX XXXXXX XXXXX XXX
01/21/2026 - R
01/08/2026 - D
Termination of Assign of L&R
(2026011800019008)
XXXXXXXXX XXXX XXX XXXX XXXX XXXXXX XXXXX XXX
01/21/2026 - R
01/08/2026 - D
Assignment of Leases and Rents
(2026011800019007)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/21/2026 - R
01/08/2026 - D
Agreement
(2026011800019006)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/21/2026 - R
01/08/2026 - D
Mortgage
(2026011800019005)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/21/2026 - R
01/08/2026 - D
Assignment, Mortgage
(2026011800019004)
XXXXXXXXX XXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Park 54 - 123 East 54th 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
$1,318,111
Municipal exemptions
Recent tax assessments
Market value
$23,548,000
Assessed value
$10,596,600

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 $24,735,000 $11,130,750 $10,564,870 12.439% $1,314,164 $1,314,164 +0.78%
2024/25 $23,181,000 $10,431,450 $10,431,450 12.5% $1,303,931 $1,303,931 -0.95%
2023/24 $23,400,000 $10,530,000 $10,530,000 12.502% $1,316,461 $1,316,461 +2.27%
2022/23 $24,307,000 $10,938,150 $10,494,020 12.267% $1,287,301 $1,287,301 +2.10%
2021/22 $22,901,000 $10,305,450 $10,305,450 12.235% $1,260,872 $1,260,872 +0.82%
2020/21 $23,529,000 $10,588,050 $10,195,240 12.267% $1,250,650 $1,250,650 +4.53%
2019/20 $22,975,000 $10,338,750 $9,592,750 12.473% $1,196,504 $1,196,504 +2.81%
2018/19 $24,008,000 $10,803,600 $9,227,910 12.612% $1,163,824 $1,163,824 +7.75%
2017/18 $22,691,000 $10,210,950 $8,492,250 12.719% $1,080,129 $1,080,129 +6.01%
2016/17 $21,977,000 $9,889,650 $7,903,110 12.892% $1,018,869 $1,018,869 +8.37%

Permit information for Park 54 - 123 East 54th Street, New York, NY

Filing date Job type Job status Job description Initial cost
12/16/2025 Alteration
10/21/2025 Alteration
07/31/2025 Alteration
07/31/2025 Alteration
10/16/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
04/22/2023 Earcx-failure to submit eer none
08/21/2022 Earcx-failure to submit eer none

*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
Lexington Ave & 53rd St at NE Corner
Station lines
E-M-6
Distance (miles)
0.084

Access the detailed traffic volume map for Park 54 - 123 East 54th 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 Park 54 - 123 East 54th Street, New York, NY 10022?

The development at Park 54 - 123 East 54th Street, New York, NY 10022 was built in 1977.

What is the market value of Park 54 - 123 East 54th Street, New York, NY 10022?

The current market value of Park 54 - 123 East 54th Street, New York, NY 10022 is $23,548,000.

What is the total square footage of Park 54 - 123 East 54th Street, New York, NY 10022?

Park 54 - 123 East 54th Street, New York, NY 10022 has a total of 56,073 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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