Manhattan  »  10075  »  1st Ave  »  1487 1st Ave

1487 1st Avenue, New York, NY 10075 - Property report

Also known as: 1487 1st Ave

Property image for 1487 1st Avenue, New York, NY 10075
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2023

Lot sq. ft.

10,050

Sale price

$73,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1487 1st Avenue
Alternate address(es)
1493 1st Ave
356-358 E 78th St
ZIP code
10075
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01452-0027

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
215,500
Building dimensions
100.5 ft x 100 ft
Buildings on lot
1
Stories
37
Year built
2023
Building material
Sales
Sale date
01/06/2022
Sale price
$73,500,000 - M
Tax
Tax year
2026-2027
Property tax
$503,692
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
146
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 100 ft
Lot sq. ft.
10,050

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.59 Miles
Closest fire station
0.21 Miles

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

Ownership

Ownership information for 1487 1st Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1487 1st Avenue, New York, NY 10075

Sale date Sale price Buyer name Seller name
01/06/2022 $73,500,000 XX XXX XXXX XXXXXX XXXXX, XXX XXX XXX XXX
12/15/2005 $6,140,000 XXXX, XXXXXXXXX XXX XXXX XXX XXX XXXXX XXX XXXX XXXXXXXXX XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/13/2026 - R
03/12/2026 - D		 Declaration
(2026031201009001)		 XX XXX XXXX XXXXXX XXXXX XXX
02/11/2026 - R
02/05/2026 - D		 Declaration
(2026021000531001)		 XX XXX XXXX XXXXXX XXXXX XXX
01/04/2024 - R
01/02/2024 - D		 Certificate
(2024010300334001)		 XX XXX XXXX XXXXXX XXXXX XXX
10/31/2023 - R
10/23/2023 - D		 Easement
(2023103000510001)		 XX XXX XXXX XXXXXX XXXXX XXX XXXXXX XX XXX XXXX XX XXXX XXXXXXXXXXXXX XXXXXXXX
09/11/2023 - R Initial UCC1
(2023090700876001)		 XX XXX XXXX XXXXXX XXXXX XXX XXX XXXXXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX
09/19/2023 - R
09/07/2023 - D		 Assignment of Leases and Rents
(2023091800958004)		 XX XXX XXXX XXXXXX XXXXX XXX XXX XXXXXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX
09/19/2023 - R
09/07/2023 - D		 Assignment of Leases and Rents
(2023091800958003)		 XX XXX XXXX XXXXXX XXXXX XXX XXX XXXXXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX
09/19/2023 - R
09/07/2023 - D		 Mortgage
(2023091800958002)		 XX XXX XXXX XXXXXX XXXXX XXX XXX XXXXXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX
09/19/2023 - R
09/07/2023 - D		 Mortgage
(2023091800958001)		 XX XXX XXXX XXXXXX XXXXX XXX XXX XXXXXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX
01/25/2023 - R
11/21/2022 - D		 Declaration
(2023012300578001)		 XX XXX XXXX XXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1487 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
$503,692
Municipal exemptions
Recent tax assessments
Market value
$77,177,000
Assessed value
$34,729,650

More about New York City property taxes

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 $45,055,000 $20,274,750 $20,274,750 12.439% $2,521,976 $2,521,976 +628.20%
2024/25 $6,157,000 $2,770,650 $2,770,650 12.5% $346,331 $346,331 -3.45%
2023/24 $6,376,000 $2,869,200 $2,869,200 12.502% $358,707 $358,707 +127.24%
2022/23 $3,401,000 $1,530,450 $1,482,750 10.646% $157,854 $157,854 +1.07%
2021/22 $3,227,000 $1,452,150 $1,452,150 10.755% $156,179 $156,179 +0.98%
2020/21 $3,327,000 $1,497,150 $1,446,230 10.694% $154,660 $154,660 +5.46%
2019/20 $3,291,000 $1,480,950 $1,391,780 10.537% $146,652 $146,652 +8.76%
2018/19 $3,229,000 $1,453,050 $1,282,430 10.514% $134,835 $134,835 +4.72%
2017/18 $3,538,000 $1,592,100 $1,224,630 10.514% $128,758 $128,758 +15.48%
2016/17 $3,312,000 $1,490,400 $1,054,440 10.574% $111,496 $111,496 +16.62%
Permits

Permit information for 1487 1st Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/29/2026 Alteration
06/23/2026 Alteration
06/23/2026 Alteration
06/23/2026 Alteration
06/16/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/02/2024 Bench-failure to benchmark none
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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 NW Corner
Station lines
Q
Distance (miles)
0.309
View subway map

Access the detailed traffic volume map for 1487 1st Avenue, New York, NY 10075 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

Neighbors for 1487 1st Avenue, New York, NY

1485 1st Ave, New York 1483 1st Ave, New York 1479 1st Ave, New York 348 E 78th St, New York 342 E 78th St, New York 315 E 77th St, New York 350 E 78th St, New York 341 E 77th St, New York 344 E 78th St, New York 354 E 78th St, New York 352 E 78th St, New York 345 E 77th St, New York 339 E 77th St, New York 337 E 77th St, New York 335 E 77th St, New York 325 E 77th St, New York 338 E 78th St, New York

Nearby ZIP codes for 1487 1st Avenue, New York, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10023, New York City, NY 10028, New York City, NY 10029, New York City, NY 10044, New York City, NY 10065, New York City, NY 10103, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 10167, New York City, NY 10171, New York City, NY 10172, New York City, NY 10177, New York City, NY 11106, New York City, NY

Frequently asked questions

What is the year built for 1487 1st Avenue, New York, NY 10075?

The development at 1487 1st Avenue, New York, NY 10075 was built in 2023.

What is the market value of 1487 1st Avenue, New York, NY 10075?

The current market value of 1487 1st Avenue, New York, NY 10075 is $77,177,000.

What is the total square footage of 1487 1st Avenue, New York, NY 10075?

1487 1st Avenue, New York, NY 10075 has a total of 215,500 square feet.

What is the price per square foot for this property?

$341 per square foot is the price for 1487 1st Avenue, New York, NY 10075.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 1487 1st Avenue, New York, NY 10075 have?

This address has 1 active listing(s).

Disclaimer

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