Manhattan  »  10022  »  E 51st St  »  228 E 51st St

228 East 51st Street, New York, NY 10022 - Property report

Also known as: 228 E 51st St

Property image for 228 East 51st Street, New York, NY 10022
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1900

Lot sq. ft.

1,607

Sale price

$2,860,000

General information

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Address
Primary address
228 East 51st Street
ZIP code
10022
Neighborhood
Turtle Bay
Borough
Manhattan
Block & lot
01324-0137

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,800
Building dimensions
16 ft x 100 ft
Buildings on lot
1
Stories
4
Year built
1900
Last altered
2023
Building material
Sales
Sale date
03/17/2023
Sale price
$2,860,000
Tax
Tax year
2026-2027
Property tax
$65,196
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
16 ft x 100.42 ft
Lot sq. ft.
1,607

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.08 Miles
Closest fire station
0.53 Miles

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

Ownership information for 228 East 51st 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 228 East 51st Street, New York, NY 10022

Sale date Sale price Buyer name Seller name
03/17/2023 $2,860,000 XXX XXXX XX XXXXXX XXX XXXXX X XXXXXXXXXX, XXXXXXX XXX XXXXX XXXXXXXXX XXXXX XXXXX X, XXXX, XXXXXXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/24/2025 - R UCC3 Assignment
(2025012200889003)
XXXXXX XXXXXXXX XXX XXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
01/24/2025 - R
09/30/2024 - D
Asgn of Asgn of L&R
(2025012200889002)
XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
01/24/2025 - R
09/30/2024 - D
Assignment, Mortgage
(2025012200889001)
XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
08/12/2024 - R Initial UCC1
(2024080900747004)
XXXXXX XXXXXXXX XXX XXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
08/08/2024 - R UCC3 Termination
(2024080800297004)
XXX XXXX XX XXXXXX XXX XXXXXX XXX
08/12/2024 - R
07/25/2024 - D
Agreement
(2024080900747003)
XXXXXX XXXXXXXX XXX XXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
08/12/2024 - R
07/25/2024 - D
Assignment of Leases and Rents
(2024080900747002)
XXXXXX XXXXXXXX XXX XXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
08/12/2024 - R
07/25/2024 - D
Mortgage
(2024080900747001)
XXXXXX XXXXXXXX XXX XXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
08/08/2024 - R
07/25/2024 - D
Assignment, Mortgage
(2024080800297002)
XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
08/08/2024 - R
07/25/2024 - D
Deed
(2024080800297001)
XXX XXXX XX XXXXXX XXX XXX XXXX XX XXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 228 East 51st 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
$65,196
Municipal exemptions
Recent tax assessments
Market value
$5,873,000
Assessed value
$352,380

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 $5,166,000 $309,960 $309,960 19.843% $61,505 $61,505 -17.19%
2024/25 $1,621,000 $729,450 $690,110 10.762% $74,270 $74,270 -1.13%
2023/24 $1,576,000 $709,200 $709,200 10.592% $75,118 $75,118 +4.39%
2022/23 $1,502,000 $675,900 $675,900 10.646% $71,956 $71,956 +4.41%
2021/22 $1,424,000 $640,800 $640,800 10.755% $68,918 $68,918 -28.21%
2020/21 $2,143,000 $964,350 $897,660 10.694% $95,996 $95,996 +7.80%
2019/20 $2,147,000 $966,150 $845,100 10.537% $89,048 $89,048 +6.91%
2018/19 $2,128,000 $957,600 $792,180 10.514% $83,290 $83,290 +11.47%
2017/18 $1,927,000 $867,150 $710,640 10.514% $74,717 $74,717 +6.50%
2016/17 $1,629,000 $733,050 $663,480 10.574% $70,156 $70,156 +3.13%

Permit information for 228 East 51st Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/20/2025 Alteration
10/30/2025 Alteration CO
09/19/2025 Alteration
05/07/2025 Alteration CO
03/06/2025 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
02/27/2001 Ll6291-local law 62/91 - boilers
02/07/2000 Ll6291-local law 62/91 - boilers

*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
6

Subway & traffic

Closest station
3rd Ave & 53rd St at SE Corner
Station lines
E-M-6
Distance (miles)
0.118

Access the detailed traffic volume map for 228 East 51st 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 228 East 51st Street, New York, NY 10022?

The development at 228 East 51st Street, New York, NY 10022 was built in 1900.

What is the market value of 228 East 51st Street, New York, NY 10022?

The current market value of 228 East 51st Street, New York, NY 10022 is $5,873,000.

What is the total square footage of 228 East 51st Street, New York, NY 10022?

228 East 51st Street, New York, NY 10022 has a total of 4,800 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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