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408 East 59th Street, New York, NY 10022 Property Information

408 East 59th Street, New York, NY 10022 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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408 East 59th Street, New York, NY 10022 2
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Address

Primary address 408 East 59th Street
Neighborhood Sutton Place
Zip code 10022
Borough Manhattan
Block & lot 01370-0044

Sales & Tax Overview for 408 East 59th Street, New York

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

Tax class
Estimated property tax $22,795

Lot & Building Information for 408 East 59th Street, New York

Lot sqft 5,021
Lot dimensions 50 ft x 100.42 ft
Building class Parks/Recreation Facilities (Q1) i
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Zoning & Use for 408 East 59th Street, New York

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.46 Miles
Closest fire station 0.53 Miles

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

Other Property Data for 408 East 59th Street, New York

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Floor area ratio (FAR) for 408 East 59th Street, 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 408 East 59th Street, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 408 East 59th Street, New York

What is the assessed value of 408 East 59th Street, New York, NY 10022 and the property tax paid?

Assessed at $475,650, the tax amount paid for 408 East 59th Street, New York, NY 10022 is $12,749. For the next year, the tax amount for 408 East 59th Street, New York, NY 10022 is estimated at $22,795.

When was 408 East 59th Street, New York, NY 10022 last sold?

408 East 59th Street, New York, NY 10022 was last sold in 06/15/1983.

Ownership Information for 408 East 59th Street, New York

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Property owner name for 408 East 59th Street, New York, NY 10022
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Building contacts for 408 East 59th Street, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 408 East 59th Street, New York

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No recorded sales for this property.

Title Documents for 408 East 59th Street, 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
04/14/2022 - R UCC3 Termination
(2022040601064005)
03/31/2022 - D
04/14/2022 - R
Assignment of Leases and Rents
(2022040601064004)
03/31/2022 - D
04/14/2022 - R
Agreement
(2022040601064003)
03/31/2022 - D
04/14/2022 - R
Mortgage
(2022040601064002)
03/31/2022 - D
04/14/2022 - R
Assignment, Mortgage
(2022040601064001)
08/28/2020 - R UCC3 Continuation
(2020082500148001)
07/01/2016 - R UCC3 Assignment
(2016062701252002)
06/16/2016 - D
07/01/2016 - R
Assignment, Mortgage
(2016062701252001)
11/09/2015 - R UCC3 Termination
(2015110500693006)
11/09/2015 - R Initial UCC1
(2015110500693005)
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R: Recorded date
D: Document date

Property Taxes for 408 East 59th Street, New York

Access detailed property tax data for 408 East 59th Street, 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: $12,750
Estimated property tax: $22,795
Tax assessor's market value: $1,057,000
Assessed value: $475,650

Assessment History for 408 East 59th Street, New York

Here's the assessment & property tax history for 408 East 59th Street, 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 $1,057,000 $475,650 $117,530 10.848% $12,750 $12,750 +3.52%
2024/25 $1,026,000 $461,700 $114,440 10.762% $12,316 $12,316 +4.34%
2023/24 $996,000 $448,200 $111,440 10.592% $11,804 $11,804 +2.25%
2022/23 $967,000 $435,150 $108,430 10.646% $11,543 $11,543 +1.70%
2021/22 $939,000 $422,550 $105,531 10.755% $11,350 $11,350 -14.94%

Permits for 408 East 59th Street, New York

The complete history of permits filed for 408 East 59th Street, 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.

No recorded permits for this property.

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 Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% 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 & 60th St at SE Corner
Station lines N-Q-R-4-5-6
Distance (miles) 0.308
View subway map
Bus Routes
Name 1 Av/E 57 St
Line M15+
Distance (miles) 0.054

Neighbors for 408 East 59th Street, New York

Here are the neighbors for 408 East 59th Street, New York, NY 10022.

Address Square feet Purchase date Purchase price
40 Sutton Pl, New York 65,000
420 E 58th St, New York 85,992
440 E 59th St, New York 6,000 12/07/1990
407 E 58th St, New York 4,495 03/16/2015 $8,150,000
442 E 58th St, New York 3,600 05/17/2023 $4,625,000
400 E 59th St, New York 127,607 07/28/2015 $10,000
409 E 58th St, New York 3,200 01/04/2023 $4,600,000
45 Sutton Pl S, New York 510,547 06/21/2004
1 Sutton Pl S, New York 231,680 11/01/2011
410 E 59th St, New York 8,275 05/18/2012
425 E 58th St, New York 988,829 09/16/2004 $1,275,000
1066 1st Ave, New York 24,494 07/25/2002
1 Sutton Pl, New York 5,513 10/08/2019 $13,000,000
30 Sutton Pl, New York 127,293 05/03/2006 $30,548
403 E 58th St, New York 5,148 12/27/2012 $10
3 Sutton Pl, New York 11,240 12/28/1973
405 E 58th St, New York 5,319 06/15/1983
418 E 59th St, New York 129,255 01/11/1989
415 E 57th St, New York 14,169 09/25/2007
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