New York City  »  10022  »  E 54th St  »  420 E 54th St

RiverTower - 420 East 54th Street, New York, NY 10022 - Property report

Also known as: 415-423 E 53rd St

Property image for RiverTower - 420 East 54th Street, New York, NY 10022
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1982

Lot sq. ft.

28,308

Sale price

$390,000,000

General information

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Address
Building name
RiverTower
Primary address
RiverTower - 420 East 54th Street
Alternate address(es)
410-422 E 54th St
415-423 E 53rd St
420-423 E 54th St
ZIP code
10022
Neighborhood
Sutton Place
Borough
Manhattan
Block & lot
01365-0009

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
445,735
Building dimensions
175 ft x 193 ft
Buildings on lot
1
Stories
37
Year built
1982
Last altered
2016
Building material
Sales
Sale date
01/28/2016
Sale price
$390,000,000
Tax
Tax year
2026-2027
Property tax
$9,408,816
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
394
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
175 ft x 200.83 ft
Lot sq. ft.
28,308

Area overview

Walk score
89 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.34 Miles
Closest fire station
0.70 Miles

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

Ownership information for RiverTower - 420 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 RiverTower - 420 East 54th Street, New York, NY 10022

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/07/2025 - R Initial UCC1
(2025080500498004)
XXXXX XXXXX XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
08/07/2025 - R
07/30/2025 - D
Agreement
(2025080500498003)
XXXXX XXXXX XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
08/07/2025 - R
07/30/2025 - D
Termination of Assign of L&R
(2025080500498002)
XXXX XX XXXXXXX XXX XXXXX XXXXX XXXXX XXX
08/07/2025 - R
07/30/2025 - D
Assignment, Mortgage
(2025080500498001)
XXXX XX XXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
02/12/2020 - R UCC3 Assignment
(2020021100960002)
XXXXX XXXXX XXXXX XXX XXXX XXXXXX XX XXX
12/05/2019 - R UCC3 Assignment
(2019120301036002)
XXXXX XXXXX XXXXX XXX XXXX XXXXXX XX XXX
11/15/2019 - R Initial UCC1
(2019111400304004)
XXXXX XXXXX XXXXX XXX XXXX XXXXXX XX XXX
11/15/2019 - R UCC3 Assignment
(2019111400304003)
XXXXX XXXXX XXXXX XXX XXXXXX X XXXXXXX XXX
11/15/2019 - R UCC3 Assignment
(2019111400304002)
XXXXX XXXXX XXXXX XXX XXXXXX X XXXXXXX XXX
11/15/2019 - R UCC3 Assignment
(2019111400304001)
XXXXX XXXXX XXXXX XXX XXXXXX X XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for RiverTower - 420 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
$9,408,816
Municipal exemptions
Recent tax assessments
Market value
$178,456,000
Assessed value
$80,305,200

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 $173,606,000 $78,122,700 $73,866,610 12.439% $9,188,268 $9,188,268 -1.65%
2024/25 $167,734,000 $75,480,300 $74,740,510 12.5% $9,342,564 $9,342,564 +2.58%
2023/24 $161,889,000 $72,850,050 $72,850,050 12.502% $9,107,713 $9,107,713 -1.89%
2022/23 $168,163,000 $75,673,350 $75,673,350 12.267% $9,282,850 $9,282,850 +1.82%
2021/22 $165,588,000 $74,514,600 $74,514,600 12.235% $9,116,861 $9,116,861 -5.54%
2020/21 $183,316,000 $82,492,200 $78,683,097 12.267% $9,652,056 $9,652,056 +9.39%
2019/20 $170,666,700 $76,800,015 $70,743,945 12.473% $8,823,892 $8,823,892 +17.27%
2018/19 $149,409,000 $67,234,050 $59,658,465 12.612% $7,524,126 $7,524,126 -6.60%
2017/18 $159,760,000 $71,892,000 $63,335,360 12.719% $8,055,624 $8,055,624 +5.39%
2016/17 $155,564,000 $70,003,800 $59,289,960 12.892% $7,643,662 $7,643,662 +5.29%

Permit information for RiverTower - 420 East 54th Street, New York, NY

Filing date Job type Job status Job description Initial cost
03/04/2026 Alteration
01/14/2026 Alteration
12/19/2025 Alteration
09/29/2025 Alteration
01/18/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/28/2022 C-construction other optional
04/28/2022 C-construction other optional
04/28/2022 C-construction other optional

*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
2

Subway & traffic

Closest station
3rd Ave & 53rd St at NE Corner
Station lines
E-M-6
Distance (miles)
0.325

Access the detailed traffic volume map for RiverTower - 420 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 RiverTower - 420 East 54th Street, New York, NY 10022?

The development at RiverTower - 420 East 54th Street, New York, NY 10022 was built in 1982.

What is the market value of RiverTower - 420 East 54th Street, New York, NY 10022?

The current market value of RiverTower - 420 East 54th Street, New York, NY 10022 is $178,456,000.

What is the total square footage of RiverTower - 420 East 54th Street, New York, NY 10022?

RiverTower - 420 East 54th Street, New York, NY 10022 has a total of 445,735 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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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