Manhattan  »  10022  »  1st Ave  »  971 1st Ave

971 1st Avenue, New York, NY 10022 - Property report

Also known as: 971 1st Ave

Property image for 971 1st Avenue, New York, NY 10022
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1918

Lot sq. ft.

3,800

Sale price

$7,325,000

General information

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Address
Primary address
971 1st Avenue
Alternate address(es)
971-973 1st Ave
ZIP code
10022
Neighborhood
Sutton Place
Borough
Manhattan
Block & lot
01346-0026

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
14,875
Building dimensions
50 ft x 60 ft
Buildings on lot
1
Stories
5
Year built
1918
Last altered
1965
Building material
Sales
Sale date
01/07/2026
Sale price
$7,325,000
Tax
Tax year
2026-2027
Property tax
$222,812
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
18
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 78 ft
Lot sq. ft.
3,800

Area overview

Walk score
99 /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
0.27 Miles
Closest fire station
0.69 Miles

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

Ownership information for 971 1st 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 971 1st Avenue, New York, NY 10022

Sale date Sale price Buyer name Seller name
01/07/2026 $7,325,000 XXX XXXX XXXXXX, XXX XXX XXX XXXX XXX XXX XXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/16/2026 - R
01/15/2026 - D
Satisfaction of Mortgage
(2026011600272001)
XXX XXX XXXX XXX XXXXX XXXXXXXX XXXX
01/13/2026 - R
01/07/2026 - D
Termination of Agreement
(2026010900497004)
XXX XXX XXXX XXX XXX XXXXXXX XXX
01/13/2026 - R
01/07/2026 - D
Assignment of Leases and Rents
(2026010900497003)
XXX XXXX XXXXXX XXX XXXXXXXXXX XXXX
01/13/2026 - R
01/07/2026 - D
Mortgage
(2026010900497002)
XXX XXXX XXXXXX XXX XXXXXXXXXX XXXX
01/13/2026 - R
01/07/2026 - D
Deed
(2026010900497001)
XXX XXXXXXX XXX XXX XXXX XXXXXX XXX
04/03/2024 - R
03/27/2024 - D
Assignment, Mortgage
(2024040201196002)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/03/2024 - R
03/27/2024 - D
Assignment, Mortgage
(2024040201196001)
XXXXXXXX XXXXX XXXX XX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/09/2018 - R
11/15/2017 - D
Deed
(2017111500749001)
XXX XXXX XXX XXX XXX XXXX XXX
11/18/2016 - R Initial UCC1
(2016103101314006)
XXX XXX XXXX XXX XXXXX XXXXXXXX XXXX
11/18/2016 - R
10/27/2016 - D
Assignment of Leases and Rents
(2016103101314005)
XXX XXX XXXX XXX XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 971 1st 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
$222,812
Municipal exemptions
Recent tax assessments
Market value
$4,254,000
Assessed value
$1,914,300

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 $4,565,000 $2,054,250 $1,783,850 12.439% $221,893 $221,893 +0.12%
2024/25 $3,965,000 $1,784,250 $1,773,000 12.5% $221,625 $221,625 +2.72%
2023/24 $3,835,000 $1,725,750 $1,725,750 12.502% $215,753 $215,753 -9.02%
2022/23 $4,492,000 $2,021,400 $1,933,080 12.267% $237,131 $237,131 +2.16%
2021/22 $4,216,000 $1,897,200 $1,897,200 12.235% $232,122 $232,122 -6.96%
2020/21 $5,083,000 $2,287,350 $2,033,750 12.267% $249,480 $249,480 -0.02%
2019/20 $4,990,000 $2,245,500 $2,000,640 12.473% $249,540 $249,540 +4.03%
2018/19 $4,910,000 $2,209,500 $1,901,910 12.612% $239,869 $239,869 +1.11%
2017/18 $4,820,000 $2,169,000 $1,865,250 12.719% $237,241 $237,241 +5.03%
2016/17 $4,292,000 $1,931,400 $1,752,110 12.892% $225,882 $225,882 +5.19%

Permit information for 971 1st Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/15/2021 Alteration
08/15/2021 Alteration
12/23/2019 Alteration type 2
07/01/2019 Alteration
06/27/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
08/10/2011 Aeuhaz1-fail to certify class 1
08/10/2011 Aeuhaz1-fail to certify class 1
03/26/2002 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 NE Corner
Station lines
E-M-6
Distance (miles)
0.248

Access the detailed traffic volume map for 971 1st 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 971 1st Avenue, New York, NY 10022?

The development at 971 1st Avenue, New York, NY 10022 was built in 1918.

What is the market value of 971 1st Avenue, New York, NY 10022?

The current market value of 971 1st Avenue, New York, NY 10022 is $4,254,000.

What is the total square footage of 971 1st Avenue, New York, NY 10022?

971 1st Avenue, New York, NY 10022 has a total of 14,875 square feet.

What is the price per square foot for this property?

$492 per square foot is the price for 971 1st Avenue, New York, NY 10022.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

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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