Manhattan » 10022 » E 59th St » 118 E 59th St

118 East 59th Street, New York, NY 10022 - Property report

Also known as: 118 E 59th St

Property image for 118 East 59th Street, New York, NY 10022

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

5,021

Sale price

$49,000,000

General information

Address

Primary address

118 East 59th Street

Alternate address(es)

120 E 59th St

ZIP code

10022

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01313-0063

Building

Property type

Zoned Commercial or Manhattan Residential (V1)

Last altered

2015

Sales

Sale date

11/20/2013

Sale price

$49,000,000

Tax

Tax year

2026-2027

Property tax

$333,443

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 59 Street (wide)

Distance to wide street

Lot dimensions

50 ft x 100.42 ft

Lot sq. ft.

5,021

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

79 /100. Very Bikeable

School district

Community district

Closest police station

0.35 Miles

Closest fire station

0.41 Miles

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

Units for 118 East 59th Street, New York, NY

Unit	Sale date	Sale price
Unit 22H	09/21/2022
Unit 25F	11/17/2009

Ownership

Ownership information for 118 East 59th 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 118 East 59th Street, New York, NY 10022

Sale date	Sale price	Buyer name	Seller name
11/20/2013	$49,000,000	XXX XXXX XXXX XXXXXX XXXXXX XXX	XXXXXX XX XXXXXX X XXXX XXX XXXXXXXXX X XXXX XXX XXXXXXXXXX XXX XXX XXXXX, XX XXXXXXXX XXXXXXX, XXXXXXX XXX XXXX, XX XXXXXXXX XXXXXXX, XXXX X XXX XXXX, XX XXXXXXX, XXXXX XXX XXX XXXX XXXX XXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/27/2016 - R	UCC3 Termination (2016052600458001)	XXX XXXX XXXX XXXXXX XXXXXX XXX	XXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXX
05/27/2016 - R 05/10/2016 - D	Termination of Assign of L&R (2016052600458003)	XXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXX
05/27/2016 - R 05/10/2016 - D	Satisfaction of Mortgage (2016052600458002)	XXX XXXX XXXX XXXXXX XXXXXX XXX	XXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXX
01/20/2015 - R 01/12/2015 - D	Zoning Lot Description (2015011300699001)	XXX XXXX XXXX XXXXXX XXXXXX XXX
09/05/2014 - R	Initial UCC1 (2014082900706003)	XXX XXXX XXXX XXXXXX XXXXXX XXX	XXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXX
09/05/2014 - R 08/19/2014 - D	Assignment of Leases and Rents (2014082900706002)	XXX XXXX XXXX XXXXXX XXXXXX XXX	XXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXX
09/05/2014 - R 08/19/2014 - D	Mortgage (2014082900706001)	XXX XXXX XXXX XXXXXX XXXXXX XXX	XXXXX XXXXXXXXXX XXXX XXX XXXX XXXXXX
12/04/2013 - R 11/20/2013 - D	Termination of Assign of L&R (2013112700563003)	XXXXX XXXXXXX	X X XXXX XXXXXX XXXXX
12/04/2013 - R 11/20/2013 - D	Termination of Assign of L&R (2013112700563002)	XXXXXX XX XXXXXXX X XXXX	X X XXXX XXXXXX XXXXX
12/04/2013 - R 11/20/2013 - D	Satisfaction of Mortgage (2013112700563001)	XXXXX XXXXXXX	X X XXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 118 East 59th 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

$333,443

Municipal exemptions

Recent tax assessments

Market value

$8,104,000

Assessed value

$3,646,800

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	$6,234,000	$2,805,300	$2,805,300	10.848%	$304,319	$304,319	-1.67%
2024/25	$6,562,000	$2,952,900	$2,875,770	10.762%	$309,490	$309,490	+6.87%
2023/24	$6,907,000	$3,108,150	$2,734,020	10.592%	$289,587	$289,587	+9.40%
2022/23	$6,346,000	$2,855,700	$2,486,430	10.646%	$264,705	$264,705	+13.70%
2021/22	$6,403,000	$2,881,350	$2,164,680	10.755%	$232,811	$232,811	+19.52%
2020/21	$5,735,000	$2,580,750	$1,821,510	10.694%	$194,792	$194,792	+20.16%
2019/20	$4,987,000	$2,244,150	$1,538,460	10.537%	$162,108	$162,108	+16.56%
2018/19	$4,156,000	$1,870,200	$1,322,730	10.514%	$139,072	$139,072	+11.93%
2017/18	$2,771,000	$1,246,950	$1,181,790	10.514%	$124,253	$124,253	+0.82%
2016/17	$2,590,000	$1,165,500	$1,165,500	10.574%	$123,240	$123,240	-41.64%

Permits

Permit information for 118 East 59th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
10/17/2025	Alteration
05/09/2025	Alteration
12/20/2023	Alteration
01/24/2023	Alteration
06/26/2015	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Turtle Bay, East Midtown residential market stats

Access a detailed real estate market overview of Turtle Bay, East Midtown so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Turtle Bay, East Midtown and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lexington Ave & 59th St at SW Corner

Station lines

N-Q-R-4-5-6

Distance (miles)

0.03

View subway map

Access the detailed traffic volume map for 118 East 59th 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
East Side Elementary School, PS 267	9	Yes	Public	K-5	362	0.29
Gan Aliya	NR	No	Private	PK-K	42	0.11
Gan Aliya	NR	No	Private	PK-K	42	0.11
The Browning School	NR	No	Private	K-12	418	0.18
P.S. 59 Beekman Hill International	8	No	Public	PK, K-5	523	0.28
P.S. 59 Beekman Hill International	8	No	Public	PK, K-5	523	0.28
Montessori School of Ny	NR	No	Private	PK-6	70	0.42
Montessori School of Ny	NR	No	Private	PK-6	70	0.42

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The Browning School	NR	No	Private	K-12	418	0.18
The Montessori School of New York - Manhattan	NR	No	Private	PK, K-8	0	0.43
Rabbi Arthur Schneier Park East Day School	NR	No	Private	PK-8	264	0.46
St Albans School	NR	No	Private	PK-8	118	0.53
Saint Albans	NR	No	Private	PK, K-8	0	0.53
Ella Baker School	7	No	Public	PK, K-8	337	0.53

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The Browning School	NR	No	Private	K-12	418	0.18
Art and Design High School	8	No	Public	9-12	1,469	0.26
St Vincent Ferrer High School	NR	No	Private	9-12	433	0.33
Cathedral High School	NR	No	Private	9-12	465	0.42
Cathedral High School	NR	No	Private	9-12	556	0.42
Dominican Academy	NR	No	Private	9-12	218	0.45
Urban Academy Laboratory High School	1	No	Public	9-12	135	0.53
Vanguard High School	5	No	Public	9-12	421	0.53
Manhattan International High School	1	No	Public	9-12	352	0.53
Talent Unlimited High School	7	No	Public	9-12	438	0.53

Nearby ZIP codes for 118 East 59th Street, New York, NY

10017, New York City, NY 10020, New York City, NY 10021, New York City, NY 10065, New York City, NY 10103, 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 market value of 118 East 59th Street, New York, NY 10022?

The current market value of 118 East 59th Street, New York, NY 10022 is $8,104,000.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.