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242 East 53rd Street, New York, NY 10022 Property Information

242 East 53rd Street, New York, NY 10022 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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242 East 53rd Street, New York, NY 10022 2
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Address

Primary address 242 East 53rd Street
Neighborhood Turtle Bay
Zip code 10022
Borough Manhattan
Block & lot 01326-0031

Sales & Tax Overview for 242 East 53rd Street, New York

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Tax class

Lot & Building Information for 242 East 53rd Street, New York

Lot sq. ft. 1,892
Lot dimensions 18.83 ft x 100.42 ft
Property type Office Only 2-6 Stories (O2)
Building sqft 2,720
Building dimensions 18.83 ft x 44 ft
Buildings on lot 1
Stories 4
Year built 1910
Year last altered 1982
Construction type
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Zoning & Use for 242 East 53rd 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 0.11 Miles
Closest fire station 0.63 Miles

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

Other Property Data for 242 East 53rd 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 53rd 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 53rd Street, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 242 East 53rd Street, New York

How many square feet does 242 East 53rd Street, New York, NY 10022 have?

This Office Only 2-6 Stories (O2) located at 242 East 53rd Street, New York, NY 10022 has a total of 2,720 square feet.

What is the year built & the current market value of 242 East 53rd Street, New York, NY 10022?

242 East 53rd Street, New York, NY 10022 was built in 1910 and has a current tax assessor's market value of $855,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 242 East 53rd Street, New York

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Property owner name for 242 East 53rd Street, New York, NY 10022
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Building contacts for 242 East 53rd Street, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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 242 East 53rd Street, New York

Create a free account to view the complete sales history for 242 East 53rd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 242 East 53rd Street, New York

Data not available for this property.

Property Taxes for 242 East 53rd Street, New York

Access detailed property tax data for 242 East 53rd 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: $855,000
Assessed value: $384,750
Exemptions granted by city:

Assessment History for 242 East 53rd Street, New York

Here's the assessment & property tax history for 242 East 53rd 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 $855,000 $384,750 $0 10.848% $40,927 $0 n/a
2024/25 $843,000 $379,350 $0 10.762% $40,826 $0 n/a
2023/24 $904,000 $406,800 $0 10.592% $43,088 $0 n/a
2022/23 $852,000 $383,400 $0 10.646% $40,817 $0 n/a
2021/22 $738,000 $332,100 $2,100 10.755% $35,717 $226 n/a

Permits for 242 East 53rd Street, New York

The complete history of permits filed for 242 East 53rd 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
04/14/1993 Alteration type 3
         
         
         
         
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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)

Transportation

Distance to Subway
Closest station 3rd Ave & 53rd St at SE Corner
Station lines E-M-6
Distance (miles) 0.081
View subway map
Bus Routes
Name 2 Av/E 54 St
Line M15
Distance (miles) 0.055

Neighbors for 242 East 53rd Street, New York

Here are the neighbors for 242 East 53rd Street, New York, NY 10022.

Address Square feet Purchase date Purchase price
230 E 53rd St, New York 6,396 03/15/2016 $5,850,000
226 E 53rd St, New York 16,920 04/28/2021
237 E 52nd St, New York 10,623 05/29/1981
216 E 53rd St, New York 6,880 12/30/2015 $7,450,000
232 E 53rd St, New York 4,460 12/01/2006 $3,500,000
222 E 53rd St, New York 3,280 03/26/2021
236 E 53rd St, New York 12,069 05/07/1993
240 E 53rd St, New York 2,940 07/19/1976
220 E 53rd St, New York 3,490 03/26/2021
985 2nd Ave, New York 12,018 12/31/1975
991 2nd Ave, New York 8,897 12/11/1998
987 2nd Ave, New York 4,165
249 E 52nd St, New York 7,040 08/21/2003 $1,700,000
234 E 53rd St, New York 6,744 03/03/2010 $2,200,000
224 E 53rd St, New York 4,210 03/26/2021
244 E 53rd St, New York 6,358 04/10/2017 $5,500,000
247 E 52nd St, New York 8,125 12/18/2013 $5,850,000
246 E 53rd St, New York 12,915 04/20/2026 $15,200,000
243 E 52nd St, New York 3,960 01/23/2025 $3,500,000
239 E 52nd St, New York 3,060 03/26/2021
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