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988 2nd Avenue, New York, NY 10022 Property Information

988 2nd Avenue, New York, NY 10022 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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988 2nd Avenue, New York, NY 10022 2
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Address

Primary address 988 2nd Avenue
Neighborhood Turtle Bay
Zip code 10022
Borough Manhattan
Block & lot 01345-0102

Sales & Tax Overview for 988 2nd Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/23/2014
Purchase price $11,100,000
Tax class
Estimated property tax $93,189

Lot & Building Information for 988 2nd Avenue, New York

Lot sqft 1,420
Lot dimensions 20 ft x 71 ft
Building class Predominant Retail with Other Uses (K4)
Building sqft 4,500
Building dimensions 20 ft x 48 ft
Buildings on lot 1
Stories 4
Year built 1910
Year last altered 2007
Construction type
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Zoning & Use for 988 2nd Avenue, New York

Zoning
Residential units (DOF) 2
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.15 Miles
Closest fire station 0.62 Miles

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

Other Property Data for 988 2nd Avenue, 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 988 2nd Avenue, 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 988 2nd Avenue, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 988 2nd Avenue, New York

How many sq. ft. does 988 2nd Avenue, New York, NY 10022 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 988 2nd Avenue, New York, NY 10022 has a total of 4,500 square feet and a current price per square foot of $2,466.

What is the year built & the current market value of 988 2nd Avenue, New York, NY 10022?

988 2nd Avenue, New York, NY 10022 was built in 1910 and has a current tax assessor's market value of $1,931,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 988 2nd Avenue, New York

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Property owner name for 988 2nd Avenue, New York, NY 10022
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Building contacts for 988 2nd Avenue, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 988 2nd Avenue, New York

Create a free account to view the complete sales history for 988 2nd Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/23/2014 $11,100,000

Title Documents for 988 2nd Avenue, 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
04/05/2022 - R UCC3 Termination
(2022032901585001)
03/22/2022 - D
04/05/2022 - R
Assignment of Leases and Rents
(2022032901585007)
03/22/2022 - D
04/05/2022 - R
Mortgage
(2022032901585006)
03/22/2022 - D
04/05/2022 - R
Agreement
(2022032901585005)
03/22/2022 - D
04/05/2022 - R
Mortgage
(2022032901585004)
03/22/2022 - D
04/05/2022 - R
Assignment, Mortgage
(2022032901585003)
03/22/2022 - D
04/05/2022 - R
Termination of Assign of L&R
(2022032901585002)
06/11/2014 - R Initial UCC1
(2014060301230005)
05/23/2014 - D
06/11/2014 - R
Assignment of Leases and Rents
(2014060301230004)
05/23/2014 - D
06/11/2014 - R
Mortgage
(2014060301230003)
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R: Recorded date
D: Document date

Property Taxes for 988 2nd Avenue, New York

Access detailed property tax data for 988 2nd Avenue, 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: $94,264
Estimated property tax: $93,189
Tax assessor's market value: $1,931,000
Assessed value: $868,950

Assessment History for 988 2nd Avenue, New York

Here's the assessment & property tax history for 988 2nd Avenue, 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 $1,931,000 $868,950 $868,950 10.848% $94,264 $94,264 +2.77%
2024/25 $1,894,000 $852,300 $852,300 10.762% $91,725 $91,725 -7.17%
2023/24 $2,073,000 $932,850 $932,850 10.592% $98,807 $98,807 +4.38%
2022/23 $1,976,000 $889,200 $889,200 10.646% $94,664 $94,664 +4.37%
2021/22 $1,874,000 $843,300 $843,300 10.755% $90,697 $90,697 -26.73%

Permits for 988 2nd Avenue, New York

The complete history of permits filed for 988 2nd Avenue, 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
07/15/2021 Alteration
07/15/2021 Alteration
12/27/2016 Place of assembly
11/02/2009 Place of assembly
11/20/2008 Alteration type 2
08/21/2008 Alteration type 1
08/21/2008 Alteration
07/24/2008 Alteration type 2
07/26/2007 Alteration type 2
05/11/2007 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)

Transportation

Distance to Subway
Closest station 3rd Ave & 53rd St at SE Corner
Station lines E-M-6
Distance (miles) 0.139
View subway map
Bus Routes
Name 2 Av/E 54 St
Line M15
Distance (miles) 0.067

Neighbors for 988 2nd Avenue, New York

Here are the neighbors for 988 2nd Avenue, New York, NY 10022.

Address Square feet Purchase date Purchase price
319 E 53rd St, New York 25,040 09/24/1998
334 E 53rd St, New York 7,825 07/09/1986
336 E 53rd St, New York 9,450 01/09/2001
318 E 53rd St, New York 4,207 02/04/2020 $319,393
332 E 53rd St, New York 7,825 07/09/1986
314 E 53rd St, New York 2,836 09/20/2021
320 E 53rd St, New York 62,307 09/25/2003 $17,500,000
321 E 52nd St, New York 4,432 05/17/2006 $2,500,000
331 E 52nd St, New York 6,135 10/01/2021 $2,122,000
317 E 53rd St, New York 6,538 10/01/2015 $6,000,000
330 E 53rd St, New York 7,665 01/29/1986
1004 2nd Ave, New York 15,605 05/14/2014 $20,000,000
313 E 53rd St, New York 7,200 11/25/2024 $2,550,000
316 E 53rd St, New York 9,966 10/21/2005 $5,200,000
328 E 53rd St, New York 5,275 06/18/2019 $4,575,000
311 E 52nd St, New York 4,192 05/05/2006
351 E 52nd St, New York 12,278 11/15/1989
307 E 53rd St, New York 31,500 09/30/2011 $24,500,000
349 E 52nd St, New York 6,400 11/18/2015 $6,525,000
312 E 53rd St, New York 2,272 12/16/2021
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