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242 East 51st Street, New York, NY Property Information

242 East 51st Street, New York, NY Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 East 51st Street, New York, NY 2
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Address

Primary address 242 East 51st Street
Neighborhood Turtle Bay
Zip code 10022
Borough Manhattan
Block & lot 01324-0032

Sales & Tax Overview for 242 East 51st Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 04/01/2003
Purchase price $5,500,000
Tax class

Lot & Building Information for 242 East 51st Street, New York

Lot sq. ft. 2,008
Lot dimensions 20 ft x 100.42 ft
Property type Three Families (C0)
Building sqft 7,056
Building dimensions 20 ft x 96 ft
Buildings on lot 1
Stories 5
Structure type Town house
Building material Brick
Exterior wall Brick/masonry
Year built 1901
Year last altered 2012
Frontage East 51 Street (narrow)
Nearest wide street 2 Avenue
Distance to wide street
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Zoning & Use for 242 East 51st Street, New York

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.10 Miles
Closest fire station 0.53 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 242 East 51st Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 242 East 51st Street, New York, NY, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 242 East 51st Street, New York, NY, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 242 East 51st Street, New York

What is the year built & the total sq. ft. for 242 East 51st Street, New York, NY?

242 East 51st Street, New York, NY was built in 1901 and has a total of 7,056 square feet.

What is the assessed value of 242 East 51st Street, New York, NY?

The assessed market value for the current tax year is $714,660.

When was 242 East 51st Street, New York, NY last sold and what was the last sale price?

242 East 51st Street, New York, NY was last sold in 04/01/2003 for $5,500,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 242 East 51st Street, New York

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Property owner name for 242 East 51st Street, New York, NY
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Building contacts for 242 East 51st Street, New York, NY
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jul 22, 2026 Prices Rise in 32 of NYC’s Leading Neighborhoods as City and Manhattan Hit Record Highs
Q2 2026 saw NYC and Manhattan reach historic highs, with Brooklyn and Queens marking close to new records as well. Meanwhile, Hudson Yards remained at the top, Central Midtown posted its highest price ever and Carroll Gardens marked its third consecutive quarter over $2 million
Laura Pop-Badiu, Jul 02, 2026 How to Find Foreclosed Homes Step-by-Step Using PropertyShark
To help real estate professionals find foreclosed homes in a timely and efficient manner, this guide breaks down every step of the research process — from understanding foreclosure status all the way to finding contact information for owners and looking past LLCs.
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Past Sales & Property History for 242 East 51st Street, New York

Create a free account to view the complete sales history for 242 East 51st Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
04/01/2003 $5,500,000

Title Documents for 242 East 51st Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/16/2012 - R
04/13/2012 - D
Certificate
(2012041301019002)
04/16/2012 - R
04/13/2012 - D
Zoning Lot Description
(2012041301019001)
05/29/2003 - R Termination of Assign of L&R
(2003040801875003)
04/10/2003 - R UCC3 Termination
(2003040802015001)
05/29/2003 - R
04/01/2003 - D
Deed, Other
(2003040801875001)
12/24/2002 - R Satisfaction of Mortgage
(1540008957154)
10/01/2002 - R Deed
(1190008822219)
10/01/2002 - R Assignment, Mortgage
(1630008820363)
10/01/2002 - R Assignment, Mortgage
(1540008820354)
10/01/2002 - R Assignment, Mortgage
(1430008820343)
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R: Recorded date
D: Document date

Property Taxes for 242 East 51st Street, New York

Access detailed property tax data for 242 East 51st Street, New York, NY. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $0
Tax assessor's market value: $11,911,000
Assessed value: $714,660
Exemptions granted by city:

Assessment History for 242 East 51st Street, New York

Here's the assessment & property tax history for 242 East 51st Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $9,821,000 $589,260 $0 19.843% $116,927 $0 n/a
2024/25 $10,464,000 $627,840 $0 20.085% $126,102 $0 n/a
2023/24 $12,519,000 $751,140 $0 20.085% $128,568 $0 n/a
2022/23 $12,939,000 $776,340 $0 20.309% $129,028 $0 n/a
2021/22 $12,322,000 $739,320 $0 19.963% $119,651 $0 n/a

Permits for 242 East 51st Street, New York

The complete history of permits filed for 242 East 51st Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
06/24/2013 Alteration type 3
06/24/2013 Alteration type 3
06/07/2012 Alteration type 2
06/06/2012 Alteration type 2
03/21/2012 Alteration type 2
01/12/2012 Alteration type 1
01/12/2012 Alteration type 1
02/03/2011 Alteration type 2
04/28/1999 Alteration type 2
09/29/1993 Alteration type 2
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Turtle Bay Residential Market Stats

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

Median Sale Price
$898,750
-7.8% YoY
Median Price/Sqft
$1,198
-10.5% YoY
Manhattan Median Sale Price
$1,200,000
9.3% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station 3rd Ave & 53rd St at SE Corner
Station lines E-M-6
Distance (miles) 0.13
View subway map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 59 Beekman Hill International 8 Yes Public PK, K-5 523 0.29
P.S. 59 Beekman Hill International 8 Yes Public PK, K-5 523 0.29
Saint Albans NR No Private PK, K-8 0 0.09
Saint Albans NR No Private PK, K-8 0 0.09
St Albans School NR No Private PK-8 118 0.09

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Saint Albans NR No Private PK, K-8 0 0.09
St Albans School NR No Private PK-8 118 0.09
Aaron School K - 12 NR No Private K-12 185 0.26
The Montessori School of New York - Manhattan NR No Private PK, K-8 0 0.26
Aaron School NR No Private K-12 169 0.28

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The Beekman School NR No Private 9-12 71 0.06
Aaron School K - 12 NR No Private K-12 185 0.26
Aaron School NR No Private K-12 169 0.28
Art and Design High School 8 No Public 9-12 1,469 0.29
Cathedral High School NR No Private 9-12 465 0.29

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 242 East 51st Street, New York

Here are the neighbors for 242 East 51st Street, New York, NY.

Address Square feet Purchase date Purchase price
214 E 51st St, New York 28,458 05/31/2001
955 2nd Ave, New York 3,450 04/05/2017
230 E 51st St, New York 68,500 04/06/1978
220 E 51st St, New York 10,017 10/18/1984
951 2nd Ave, New York 4,000 03/28/2001
829 3rd Ave, New York 4,842 10/22/2012
246 E 51st St, New York 15,210 06/01/1983
961 2nd Ave, New York 9,041 04/08/2022 $41,500,000
953 2nd Ave, New York 5,008 09/11/2009 $4,250,000
943 2nd Ave, New York 5,041 06/22/2026 $5,500,000
240 E 51st St, New York 3,680 04/06/1978
947 2nd Ave, New York 4,155 12/02/2015 $8,500,000
835 3rd Ave, New York 6,846 07/12/1994
831 3rd Ave, New York 6,702 09/05/2002
957 2nd Ave, New York 3,451 05/09/2002
226 E 51st St, New York 4,401 03/15/2007 $4,675,000
222 E 51st St, New York 18,450 06/26/2012
247 E 50th St, New York 3,724 09/15/2005
945 2nd Ave, New York 4,739 12/17/2010 $3,850,000
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