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1488 2nd Avenue, New York, NY 10075 Property Information

1488 2nd Avenue, New York, NY 10075 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1488 2nd Avenue, New York, NY 10075 2
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Address

Primary address 1488 2nd Avenue
Neighborhood Lenox Hill
Zip code 10075
Borough Manhattan
Block & lot 01452-0104

Sales & Tax Overview for 1488 2nd Avenue, New York

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Purchase date 03/14/2014
Purchase price $7,291,250
Tax class
Estimated property tax $141,493

Lot & Building Information for 1488 2nd Avenue, New York

Lot sq. ft. 1,575
Lot dimensions 21 ft x 75 ft
Property type Primarily Five to Six Family with One Store or Office (S5)
Building sqft 5,600
Building dimensions 21 ft x 49 ft
Buildings on lot 1
Stories 4
Year built 1910
Construction type
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Zoning & Use for 1488 2nd Avenue, New York

Zoning
Residential units (DOF) 6
Regulated units
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 8
Closest police station 0.54 Miles
Closest fire station 0.13 Miles

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

Other Property Data for 1488 2nd Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1488 2nd Avenue, New York, NY 10075, 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 1488 2nd Avenue, New York, NY 10075, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1488 2nd Avenue, New York

How many sq. ft. does 1488 2nd Avenue, New York, NY 10075 have & what is the price per sq. ft?

This Primarily Five to Six Family with One Store or Office (S5) located at 1488 2nd Avenue, New York, NY 10075 has a total of 5,600 square feet and a current price per square foot of $1,302.

What is the year built & the current market value of 1488 2nd Avenue, New York, NY 10075?

1488 2nd Avenue, New York, NY 10075 was built in 1910 and has a current tax assessor's market value of $3,269,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1488 2nd Avenue, New York

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Property owner name for 1488 2nd Avenue, New York, NY 10075
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Building contacts for 1488 2nd Avenue, New York, NY 10075
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Past Sales & Property History for 1488 2nd Avenue, New York

Create a free account to view the complete sales history for 1488 2nd Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/14/2014 $7,291,250

Title Documents for 1488 2nd Avenue, 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
08/03/2017 - D
08/08/2017 - R
Satisfaction of Mortgage
(2017080401607001)
07/19/2017 - R UCC3 Termination
(2017071800927005)
07/19/2017 - R Initial UCC1
(2017071800927003)
07/07/2017 - D
07/19/2017 - R
Assignment of Leases and Rents
(2017071800927011)
07/07/2017 - D
07/19/2017 - R
Agreement
(2017071800927010)
07/06/2017 - D
07/19/2017 - R
Release
(2017071800927001)
07/05/2017 - D
07/19/2017 - R
Assignment, Mortgage
(2017071800927008)
07/05/2017 - D
07/19/2017 - R
Termination of Assign of L&R
(2017071800927006)
08/29/2016 - D
09/02/2016 - R
Sundry Miscellaneous
(2016083100490001)
04/04/2014 - R Initial UCC1
(2014031900972005)
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R: Recorded date
D: Document date

Property Taxes for 1488 2nd Avenue, New York

Access detailed property tax data for 1488 2nd Avenue, New York, NY 10075. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $141,494
Estimated property tax: $141,493
Tax assessor's market value: $3,269,000
Assessed value: $1,471,050

Assessment History for 1488 2nd Avenue, New York

Here's the assessment & property tax history for 1488 2nd Avenue, 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 $3,269,000 $1,471,050 $1,137,500 12.439% $141,494 $141,494 +2.69%
2024/25 $2,886,400 $1,298,880 $1,102,248 12.5% $137,781 $137,781 +7.98%
2023/24 $3,608,000 $1,623,600 $1,020,600 12.502% $127,595 $127,595 +10.07%
2022/23 $3,459,000 $1,556,550 $945,000 12.267% $115,923 $115,923 +2.02%
2021/22 $3,566,000 $1,604,700 $928,675 12.235% $113,623 $113,623 -0.26%

Permits for 1488 2nd Avenue, New York

The complete history of permits filed for 1488 2nd Avenue, 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.

Filing date Job type Job status Job description Initial cost
10/26/2021 Alteration
10/20/2021 Alteration
09/16/2021 Alteration
09/10/2021 Alteration
03/23/2021 Alteration
03/23/2021 Alteration
01/16/2021 Alteration
11/28/2003 Alteration type 2
08/29/2003 Alteration type 3
03/29/2000 Alteration type 2
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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 Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% 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 Lexington Ave & 77th St at NE Corner
Station lines 6
Distance (miles) 0.233
View subway map
Bus Routes
Name 2 Av/E 79 St
Line M15+
Distance (miles) 0.06

Neighbors for 1488 2nd Avenue, New York

Here are the neighbors for 1488 2nd Avenue, New York, NY 10075.

Address Square feet Purchase date Purchase price
313 E 78th St, New York 7,016 01/09/2007 $3,450,000
1494 2nd Ave, New York 7,750 01/06/2012 $7,800,000
1496 2nd Ave, New York 8,581 09/01/2007
306 E 78th St, New York 7,952 07/07/2017
334 E 78th St, New York 16,440 04/16/1998
309 E 78th St, New York 9,500 06/12/2013 $9,500,000
346 E 78th St, New York 4,812 03/19/1998
304 E 78th St, New York 6,106 08/28/2013 $7,000,000
305 E 78th St, New York 10,533 12/26/2012 $3,600,000
307 E 78th St, New York 9,500 06/12/2013 $9,500,000
355 E 77th St, New York 2,120 10/08/2003
308 E 78th St, New York 23,770 01/17/2025 $14,600,000
328 E 78th St, New York 16,440 08/27/2015 $15,400,000
311 E 78th St, New York 7,096 11/12/1982
314 E 78th St, New York 51,900 03/14/2001
353 E 77th St, New York 6,900 02/13/2024 $2,150,000
1490 2nd Ave, New York 4,700 04/28/2009
301 E 78th St, New York 139,000 08/21/2018 $40,730
1492 2nd Ave, New York 8,435 05/29/2019
338 E 78th St, New York 7,860 04/09/1979
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