Manhattan  »  10022  »  E 54th St  »  240 E 54th St

240 East 54th Street, New York, NY 10022 - Property report

Also known as: 234-240 E 54th St

Property image for 240 East 54th Street, New York, NY 10022
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1925

Lot sq. ft.

10,041

Sale price

$21,000,000

General information

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Address
Primary address
240 East 54th Street
Alternate address(es)
234-240 E 54th St
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01327-0029

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
29,000
Building dimensions
100 ft x 100.42 ft
Buildings on lot
1
Stories
3
Year built
1925
Last altered
2015
Building material
Sales
Sale date
01/13/2015
Sale price
$21,000,000
Tax
Tax year
2026-2027
Property tax
$781,984
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 100.42 ft
Lot sq. ft.
10,041

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.13 Miles
Closest fire station
0.67 Miles

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Ownership information for 240 East 54th 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 240 East 54th Street, New York, NY 10022

Sale date Sale price Buyer name Seller name
01/13/2015 $21,000,000 X. XXXX XXXXXX XXXXXXXX, XXX XXXXX XXXXXXXX XXXXXXX XXX
05/27/2010 $13,908,375 XXXXX XXXXXXXX XXXXXXX XXX XXXXXX XXXXXX XXXX XXXXXX XXX
02/27/2009 $22,000,000 XXXXXX XXXXXX XXXX XXXXXX XXX XXXXX XXXX XXXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/14/2025 - R
02/14/2025 - D
NYC Real Property Transfer Tax
(2025031201055001)
XXX XXXXXXXX XXXXXXX XXXX XXX XXXXXXXXXXX XXX
05/09/2022 - R UCC3 Continuation
(2022050600712001)
XXXX XXX XXXX XXXX XXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/20/2018 - R UCC3 Assignment
(2018072000210003)
XXXX XXX XXXX XXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXXXXX XXX
07/06/2018 - R UCC3 Assignment
(2018070200723003)
XXXX XXX XXXX XXXX XXXXXX XXX XXX XXXXXXXXX XX XXX XXXXXX XX
07/20/2018 - R
05/22/2018 - D
Asgn of Asgn of L&R
(2018072000210002)
XXXXXXXX XXXXXXX XXXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/20/2018 - R
05/22/2018 - D
Assignment, Mortgage
(2018072000210001)
XXXXXXXX XXXXXXX XXXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/06/2018 - R
05/22/2018 - D
Asgn of Asgn of L&R
(2018070200723002)
XXX XXXXXXXXX XX XXX XXXXXX XX XXXX XXX XXXX XXXX XXXXXX XXX
07/06/2018 - R
05/22/2018 - D
Assignment, Mortgage
(2018070200723001)
XXX XXXXXXXXX XX XXX XXXXXX XX XXXX XXX XXXX XXXX XXXXXX XXX
01/29/2018 - R UCC3 Assignment
(2018012900449003)
XXXX XXX XXXX XXXX XXXXXX XXX XXXXXXXXX XXXXXXXX XXX
01/29/2018 - R
12/26/2017 - D
Asgn of Asgn of L&R
(2018012900449002)
XXXXXXXXX XXXXXXXX XXX XXX XXXXXXXXX XX XXX XXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 240 East 54th 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
$781,984
Municipal exemptions
Recent tax assessments
Market value
$16,019,000
Assessed value
$7,208,550

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 $18,418,000 $8,288,100 $7,285,950 10.848% $790,380 $790,380 +4.38%
2024/25 $18,064,000 $8,128,800 $7,035,660 10.762% $757,178 $757,178 +8.84%
2023/24 $17,565,000 $7,904,250 $6,568,110 10.592% $695,694 $695,694 +6.40%
2022/23 $16,744,000 $7,534,800 $6,141,870 10.646% $653,863 $653,863 +32.92%
2021/22 $10,164,000 $4,573,800 $4,573,800 10.755% $491,912 $491,912 -22.73%
2020/21 $15,637,000 $7,036,650 $5,953,140 10.694% $636,629 $636,629 +7.86%
2019/20 $12,869,000 $5,791,050 $5,601,674 10.537% $590,248 $590,248 +5.76%
2018/19 $12,829,000 $5,773,050 $5,308,072 10.514% $558,091 $558,091 +6.28%
2017/18 $12,643,000 $5,689,350 $4,994,230 10.514% $525,093 $525,093 +32.63%
2016/17 $10,254,000 $4,614,300 $3,744,040 10.574% $395,895 $395,895 +7.63%

Permit information for 240 East 54th Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/11/2025 Alteration
11/11/2025 Alteration
11/11/2025 Alteration
10/31/2025 Alteration
10/31/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction
12/01/2016 Evcat1-elevator annual inspection / test

*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
-

Subway & traffic

Closest station
3rd Ave & 53rd St at NE Corner
Station lines
E-M-6
Distance (miles)
0.088

Access the detailed traffic volume map for 240 East 54th 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 240 East 54th Street, New York, NY 10022?

The development at 240 East 54th Street, New York, NY 10022 was built in 1925.

What is the market value of 240 East 54th Street, New York, NY 10022?

The current market value of 240 East 54th Street, New York, NY 10022 is $16,019,000.

What is the total square footage of 240 East 54th Street, New York, NY 10022?

240 East 54th Street, New York, NY 10022 has a total of 29,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

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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