New York City  »  10021  »  E 71st St  »  321 E 71st St

Preston Apartments - 321 East 71st Street, New York, NY 10021 - Property report

Also known as: 319-321 E 71st St

Property image for Preston Apartments - 321 East 71st Street, New York, NY 10021
static Mapbox map

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1940

Lot sq. ft.

5,110

General information

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Address
Building name
Preston Apartments
Primary address
Preston Apartments - 321 East 71st Street
Alternate address(es)
319-321 E 71st St
ZIP code
10021
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01446-0012

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
19,040
Building dimensions
50 ft x 86 ft
Buildings on lot
1
Stories
5
Year built
1940
Tax
Tax year
2026-2027
Property tax
$287,463
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
39
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 71 Street (narrow)
Nearest wide street
East 72 Street
Distance to wide street
Lot dimensions
50 ft x 102.17 ft
Lot sq. ft.
5,110

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.31 Miles
Closest fire station
0.23 Miles

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

Units for Preston Apartments - 321 East 71st Street, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 10P
Unit 1A 02/03/2016 350
Unit 1B 09/27/2010 350
Unit 1C
Unit 1D 01/15/2021
Unit 2A 07/03/2014
Unit 2B 01/12/2006
Unit 2C 09/21/2001
Unit 2E 11/14/2007 400
Unit 2F 07/10/2012 350
Unit 2G 11/18/2015
Unit 2H 01/23/2023
Unit 3A 07/20/2020
Unit 3C
Unit 3D 08/23/2012
Unit 3E
Unit 3F 09/27/2011 400
Unit 3G
Unit 3H
Unit 3L
Unit 4A 04/23/2026
Unit 4C,D 10/29/2008
Unit 4C
Unit 4D
Unit 4E 11/15/2023 400
Unit 4F 06/16/2021 400
Unit 4G,H 01/23/2007
Unit 4G
Unit 4H
Unit 5A 10/14/2005
Unit 5B 07/14/2005 400
Unit 5C 12/02/2016
Unit 5E 09/26/2025
Unit 5F
Unit 5G 03/24/2021
Unit 5H 08/05/2022

Ownership information for Preston Apartments - 321 East 71st 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 Preston Apartments - 321 East 71st Street, New York, NY 10021

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/25/2023 - R
06/27/2023 - D
Asgn of Asgn of L&R
(2023092000478002)
XXXXXXXX XXXXXXXXXXX XXXX X X XXXXXX XXX
09/25/2023 - R
06/27/2023 - D
Assignment, Mortgage
(2023092000478001)
XXXXXXXX XXXXXXXXXXX XXXX X X XXXXXX XXX
06/08/2023 - R UCC3 Termination
(2023060700659001)
XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXX XX
06/08/2023 - R
05/31/2023 - D
Satisfaction of Mortgage
(2023060700659002)
XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXX XX
06/02/2023 - R
05/25/2023 - D
Asgn of Asgn of L&R
(2023060100118004)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
06/02/2023 - R
05/25/2023 - D
Assignment, Mortgage
(2023060100118003)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
06/02/2023 - R
05/25/2023 - D
Assignment of Leases and Rents
(2023060100118002)
XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
06/02/2023 - R
05/25/2023 - D
Mortgage
(2023060100118001)
XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
05/02/2018 - R UCC3 Continuation
(2018050200076001)
XXX XXXX XXXX XXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
06/17/2013 - R UCC3 Termination
(2013060500283005)
XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXX XXXX XXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Preston Apartments - 321 East 71st 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
$287,463
Municipal exemptions
Recent tax assessments
Market value
$6,647,000
Assessed value
$2,991,150

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 $5,848,000 $2,631,600 $2,353,557 12.439% $307,672 $269,289 -2.03%
2024/25 $5,717,000 $2,572,650 $2,397,034 12.5% $305,266 $274,868 -3.14%
2023/24 $6,414,000 $2,886,300 $2,480,318 12.502% $315,996 $283,778 +8.91%
2022/23 $5,597,000 $2,518,650 $2,365,378 12.267% $295,820 $260,572 -1.21%
2021/22 $5,473,000 $2,462,850 $2,397,580 12.235% $295,150 $263,755 -5.82%
2020/21 $6,131,000 $2,758,950 $2,283,061 12.267% $282,115 $280,063 +6.37%
2019/20 $5,770,000 $2,596,500 $2,110,865 12.473% $265,323 $263,288 -0.44%
2018/19 $5,923,000 $2,665,350 $2,096,795 12.612% $266,920 $264,448 +9.44%
2017/18 $5,437,000 $2,446,650 $1,899,885 12.719% $243,966 $241,646 -0.35%
2016/17 $5,253,000 $2,363,850 $1,880,930 12.892% $244,924 $242,489 +8.48%

Permit information for Preston Apartments - 321 East 71st Street, New York, NY

Filing date Job type Job status Job description Initial cost
03/12/2026 Alteration
03/01/2026 Alteration
02/27/2026 Alteration
07/26/2021 Alteration
07/26/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Lenox Hill residential market stats

Access a detailed real estate market overview of Lenox Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Lenox Hill and compare it to other neighborhoods in Manhattan.

Median sale price

$1,242,757

-7.9% Y-o-Y

Median price/sq. ft.

$1,367

2.6% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% 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
2nd Ave & 72nd St at SE Corner
Station lines
Q
Distance (miles)
0.068

Access the detailed traffic volume map for Preston Apartments - 321 East 71st Street, New York, NY 10021 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 183 Robert L Stevenson 8 Yes Public PK, K-5 498 0.27
P.S. 183 Robert L Stevenson 8 Yes Public PK, K-5 498 0.27
The Cathedral School NR No Private K-8 53 0.16
Ella Baker School 7 No Public PK, K-8 337 0.20
Ella Baker School 7 No Public PK, K-8 337 0.20
Rabbi Arthur Schneier Park East Day School NR No Private PK-8 264 0.30
Rabbi Arthur Schneier Park East Day School NR No Private PK-8 264 0.30
The Birch Wathen Lenox School NR No Private K-12 541 0.32
Birch Wathen Lenox School NR No Private K-12 576 0.32
P.S. 158 Baylard Taylor 9 No Public PK, K-5 644 0.39
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 167 Robert F Wagner 8 Yes Public 6-8 1,019 0.28
The Cathedral School NR No Private K-8 53 0.16
Ella Baker School 7 No Public PK, K-8 337 0.20
Rabbi Arthur Schneier Park East Day School NR No Private PK-8 264 0.30
The Birch Wathen Lenox School NR No Private K-12 541 0.32
Birch Wathen Lenox School NR No Private K-12 576 0.32
Lycee Francais De New York NR No Private PK-12 1,364 0.33
YORKVILLE EAST MIDDLE SCHOOL 9 No Public 6-8 256 0.39
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Talent Unlimited High School 7 No Public 9-12 438 0.20
Urban Academy Laboratory High School 1 No Public 9-12 135 0.20
Manhattan International High School 1 No Public 9-12 352 0.20
Vanguard High School 5 No Public 9-12 421 0.20
Manhattan High School For Girls NR No Private 9-12 204 0.28
Eleanor Roosevelt High School 10 No Public 9-12 541 0.28
St. Jean Baptiste High School NR No Private 9-12 338 0.32
The Birch Wathen Lenox School NR No Private K-12 541 0.32
Birch Wathen Lenox School NR No Private K-12 576 0.32
Lycee Francais De New York NR No Private PK-12 1,364 0.33

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for Preston Apartments - 321 East 71st Street, New York, NY 10021?

The development at Preston Apartments - 321 East 71st Street, New York, NY 10021 was built in 1940.

What is the total square footage of Preston Apartments - 321 East 71st Street, New York, NY 10021?

Preston Apartments - 321 East 71st Street, New York, NY 10021 has a total of 19,040 square feet.

What is the assessed value of Preston Apartments - 321 East 71st Street, New York, NY 10021?

Preston Apartments - 321 East 71st Street, New York, NY 10021 is currently assessed at $2,991,150.

What are the property taxes for Preston Apartments - 321 East 71st Street, New York, NY 10021?

The property taxes for Preston Apartments - 321 East 71st Street, New York, NY 10021 total $310,402.

How many residential units does this building have?

This building has 39 residential unit(s).

Disclaimer

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