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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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240 East 51st Street, New York, NY 10022 2
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Address

Primary address 240 East 51st Street
Neighborhood Turtle Bay
Zip code 10022
Borough Manhattan
Block & lot 01324-0033

Sales & Tax Overview for 240 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.

Tax class
Estimated property tax $99,350

Lot & Building Information for 240 East 51st Street, New York

Lot sq. ft. 2,008
Lot dimensions 20 ft x 100.42 ft
Property type Limited Service - Many Affiliated with National Chain (H3)
Building sqft 3,680
Building dimensions 20 ft x 48 ft
Buildings on lot 1
Stories 4
Year built 1900
Year last altered 1988
Construction type
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Zoning & Use for 240 East 51st Street, New York

Zoning
Commercial units 1
Office 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 240 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 240 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 240 East 51st Street, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 240 East 51st Street, New York

How many square feet does 240 East 51st Street, New York, NY 10022 have?

This Limited Service - Many Affiliated with National Chain (H3) located at 240 East 51st Street, New York, NY 10022 has a total of 3,680 square feet.

What is the year built & the current market value of 240 East 51st Street, New York, NY 10022?

240 East 51st Street, New York, NY 10022 was built in 1900 and has a current tax assessor's market value of $2,178,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 240 East 51st Street, New York

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Property owner name for 240 East 51st Street, New York, NY 10022
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Building contacts for 240 East 51st Street, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 240 East 51st Street, New York

Create a free account to view the complete sales history for 240 East 51st Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 240 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
12/31/2024 - R UCC3 Continuation
(2024123000871001)
12/26/2024 - R UCC3 Continuation
(2024122000715001)
10/30/2023 - R UCC3 Continuation
(2023102700960001)
04/03/2023 - R UCC3 Continuation
(2023032900113001)
05/22/2020 - R Initial UCC1
(2020052000716003)
05/18/2020 - D
05/22/2020 - R
Assignment of Leases and Rents
(2020052000716002)
05/18/2020 - D
05/22/2020 - R
Mortgage
(2020052000716001)
01/06/2020 - R UCC3 Continuation
(2020010300864001)
11/14/2018 - R UCC3 Amendment
(2018110900952001)
10/30/2018 - R UCC3 Continuation
(2018102300687001)
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R: Recorded date
D: Document date

Property Taxes for 240 East 51st Street, New York

Access detailed property tax data for 240 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: $93,365
Estimated property tax: $99,350
Tax assessor's market value: $2,178,000
Assessed value: $980,100

Assessment History for 240 East 51st Street, New York

Here's the assessment & property tax history for 240 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 $2,178,000 $980,100 $860,670 10.848% $93,365 $93,365 -4.06%
2024/25 $2,076,000 $934,200 $904,230 10.762% $97,313 $97,313 +7.12%
2023/24 $1,906,000 $857,700 $857,700 10.592% $90,848 $90,848 +8.61%
2022/23 $1,746,000 $785,700 $785,700 10.646% $83,646 $83,646 +4.30%
2021/22 $1,657,000 $745,650 $745,650 10.755% $80,195 $80,195 -32.70%

Permits for 240 East 51st Street, New York

The complete history of permits filed for 240 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
10/18/2019 Alteration
04/16/2019 Alteration
04/16/2019 Alteration
07/11/2008 Alteration type 2
07/12/2006 Alteration type 2
02/15/2000 Alteration type 2
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% 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) 0.128
View subway map
Bus Routes
Name E 50 ST/2 Av
Line M50
Distance (miles) 0.053

Neighbors for 240 East 51st Street, New York

Here are the neighbors for 240 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
242 E 51st St, New York 7,056 04/01/2003 $5,500,000
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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