New York City  »  10022  »  2nd Ave  »  986 2nd Ave

986 2nd Avenue, New York, NY 10022 - Property report

Also known as: 986 A 2nd Ave

Property image for 986 2nd Avenue, New York, NY 10022
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1901

Lot sq. ft.

1,420

General information

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Address
Primary address
986 2nd Avenue
Alternate address(es)
986 A 2nd Ave
ZIP code
10022
Neighborhood
Turtle Bay
Borough
Manhattan
Block & lot
01345-0002

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,470
Building dimensions
20 ft x 50 ft
Buildings on lot
1
Stories
4
Year built
1901
Building material
Tax
Tax year
2026-2027
Property tax
$62,144
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
20 ft x 71 ft
Lot sq. ft.
1,420

Area overview

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

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Ownership information for 986 2nd Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 986 2nd Avenue, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/01/2022 - R UCC3 Termination
(2022112900484001)
XXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX XXX
12/01/2022 - R
11/22/2022 - D
Agreement
(2022112900484006)
XXXXXXXX XXXXX XXXX X X XXXXXX XXXXXX XXXX
12/01/2022 - R
11/22/2022 - D
Mortgage
(2022112900484005)
XXXXXX XXXXXX XXXX XXXXXXXX XXXXX XXXX X X
12/01/2022 - R
11/22/2022 - D
Assignment, Mortgage
(2022112900484004)
XXXXXXXXX XXXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/01/2022 - R
11/22/2022 - D
Termination of Assign of L&R
(2022112900484003)
XXXXXXXXX XXXXXXX XXX XXXXX XXXXXX XXX
12/01/2022 - R
11/22/2022 - D
Partial Release of Mortgage
(2022112900484002)
XXXXXXXXX XXXXXXX XXX XXXXX XXXXXX XXX
02/10/2022 - R Initial UCC1
(2021101600064007)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXX
02/10/2022 - R
09/03/2021 - D
Termination of Assign of L&R
(2021101600064008)
XXXXXXXXX XXXXXXX XXX XXXXXX XXXXXX XXXX
02/10/2022 - R
09/03/2021 - D
Assignment of Leases and Rents
(2021101600064006)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXX
02/10/2022 - R
09/03/2021 - D
Agreement
(2021101600064005)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 986 2nd Avenue, 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
$62,144
Municipal exemptions
Recent tax assessments
Market value
$5,482,000
Assessed value
$328,920

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 $5,397,000 $323,820 $295,450 19.843% $58,626 $58,626 -1.20%
2024/25 $5,948,000 $356,880 $295,450 20.085% $59,341 $59,341 +0.80%
2023/24 $7,116,000 $426,960 $293,091 20.085% $58,867 $58,867 +4.58%
2022/23 $5,898,000 $353,880 $277,167 20.309% $56,290 $56,290 +7.48%
2021/22 $5,050,000 $303,000 $262,350 19.963% $52,373 $52,373 +5.26%
2020/21 $4,687,000 $281,220 $236,420 21.045% $49,755 $49,755 -0.58%
2019/20 $4,076,000 $244,560 $236,420 21.167% $50,043 $50,043 +2.03%
2018/19 $4,795,000 $287,700 $234,454 20.919% $49,045 $49,045 +8.78%
2017/18 $4,560,000 $273,600 $221,184 20.385% $45,088 $45,088 +8.00%
2016/17 $5,365,000 $321,900 $208,837 19.991% $41,749 $41,749 +8.37%

Permit information for 986 2nd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
04/17/2025 Alteration
11/21/2023 Alteration
12/07/2022 Alteration
03/12/2020 Alteration
06/26/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/13/2011 Lblvio-low pressure boiler
01/03/2008 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
-

Subway & traffic

Closest station
3rd Ave & 53rd St at SE Corner
Station lines
E-M-6
Distance (miles)
0.139

Access the detailed traffic volume map for 986 2nd Avenue, 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 986 2nd Avenue, New York, NY 10022?

The development at 986 2nd Avenue, New York, NY 10022 was built in 1901.

What is the market value of 986 2nd Avenue, New York, NY 10022?

The current market value of 986 2nd Avenue, New York, NY 10022 is $5,482,000.

What is the total square footage of 986 2nd Avenue, New York, NY 10022?

986 2nd Avenue, New York, NY 10022 has a total of 4,470 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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