New York City » 10022 » E 51st St » 242 E 51st St

242 East 51st Street, New York, NY 10022 Property Information

Q: How many residential units does this building have?

This building has 3 residential units and 0 commercial spaces.

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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	Register

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(s)	East 51 Street (narrow)
Nearest wide street	2 Avenue
Distance to wide street	Register

Zoning & Use for 242 East 51st Street, New York

Zoning	Register
Residential units (DOF)	3

Residential sqft	Register

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 10022, 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 10022, 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 10022?

242 East 51st Street, New York, NY 10022 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 10022?

The assessed market value for the current tax year is $589,260.

When was 242 East 51st Street, New York, NY 10022 last sold and what was the last sale price?

242 East 51st Street, New York, NY 10022 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 10022

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Building contacts for 242 East 51st Street, New York, NY 10022

Building management:	Register
Representatives (from permits):	Register
Tenants:	Register

Commercial Real Estate nearby

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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.

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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.

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

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
04/13/2012 - D 04/16/2012 - R	Certificate (2012041301019002)
04/13/2012 - D 04/16/2012 - R	Zoning Lot Description (2012041301019001)
05/29/2003 - R	Termination of Assign of L&R (2003040801875003)
04/10/2003 - R	UCC3 Termination (2003040802015001)
04/01/2003 - D 05/29/2003 - R	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 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025-2026
Property tax:	$0

Tax assessor's market value:	$9,821,000
Assessed value:	$589,260
Exemptions granted by city:	Register

More about New York City Property Taxes

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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More about New York City Property Records

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

Bus Routes
Name	E 50 ST/2 Av
Line	M50
Distance (miles)	0.051

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
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
St Albans School	NR	No	Private	PK-8	118	0.09
St Albans School	NR	No	Private	PK-8	118	0.09
Saint Albans	NR	No	Private	PK, K-8	0	0.09

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
St Albans School	NR	No	Private	PK-8	118	0.09
Saint Albans	NR	No	Private	PK, K-8	0	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 to school (mi)
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

Neighbors for 242 East 51st Street, New York

Here are the neighbors for 242 East 51st Street, New York, NY 10022.

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	11/16/1995
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