New York City  »  10075  »  E 79th St  »  350 E 79th St

The Lucerne - 350 East 79th Street, New York, NY 10075 - Property report

Also known as: 1503 1st Ave

Property image for The Lucerne - 350 East 79th Street, New York, NY 10075
static Mapbox map

Property type

Elevator Apartment - Luxury Type (D8)

Year built

1989

Lot sq. ft.

21,649

General information

Unlock this property report with a free account

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

Address
Building name
The Lucerne
Primary address
The Lucerne - 350 East 79th Street
Alternate address(es)
1503 1st Ave
1505-1511 1st Ave
340-360 E 79th St
ZIP code
10075
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01453-0027

Owner

Find out who owns The Lucerne - 350 East 79th Street, New York, NY 10075. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Luxury Type (D8)
Building sq. ft.
364,690
Building dimensions
25 ft x 100 ft
Buildings on lot
2
Stories
44
Year built
1989
Building material
Tax
Tax year
2026-2027
Property tax
$7,269,538
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
236
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
21,649

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
0.62 Miles
Closest fire station
0.23 Miles

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

Building Description

The Lucerne, located at 350 East 79th Street in Manhattan's Lenox Hill neighborhood, is a 44-story luxury apartment tower complete with 19,755 square feet of garage space. The 364,690-square-foot property is home to 236 residential units with an average size of 1,428 square feet, as well as four commercial units that add 7,828 square feet of retail space. Lucerne amenities include a private swim club, fitness center, landscaped decks, a lounge, onsite garage parking, laundry facilities, and a package room, as well as full-time doorman and live-in super services.

Part of School District 2, 350 East 79th Street is zoned for P.S. 158 Bayard Taylor and J.H.S. 167 Robert F. Wagner. Additional nearby schools include public and private options such as P.S. 169 Robert F. Kennedy, The Caedmon School, and Eleanor Roosevelt School. The Q train can be boarded a third of a mile from The Lucerne on 2nd Avenue, between 83rd and 84th Street, with the 4, 5 and 6 trains also within walking distance.

Ownership information for The Lucerne - 350 East 79th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for The Lucerne - 350 East 79th Street, New York, NY 10075

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/15/2023 - R UCC3 Continuation
(2023051500170001)
XXXX XXXXXX XXXXXX XXX XXXXXX XXX
06/07/2018 - R Initial UCC1
(2018060600600003)
XXXX XXXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
06/07/2018 - R UCC3 Termination
(2018060600600002)
XXXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
06/07/2018 - R UCC3 Termination
(2018060600600001)
XXXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
06/07/2018 - R
05/31/2018 - D
Assignment, Mortgage
(2018060500586007)
XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX XXXXXX XXX
06/07/2018 - R
05/31/2018 - D
Agreement
(2018060500586006)
XXXX XXXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
06/07/2018 - R
05/31/2018 - D
Mortgage
(2018060500586005)
XXXX XXXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
06/07/2018 - R
05/31/2018 - D
Termination of Assign of L&R
(2018060500586004)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
06/07/2018 - R
05/31/2018 - D
Termination of Assign of L&R
(2018060500586003)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
06/07/2018 - R
05/31/2018 - D
Assignment, Mortgage
(2018060500586002)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Lucerne - 350 East 79th 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
$7,269,538
Municipal exemptions
Recent tax assessments
Market value
$139,442,000
Assessed value
$62,748,900

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 $131,269,000 $59,071,050 $56,509,720 12.439% $7,029,244 $7,029,244 -1.68%
2024/25 $130,907,000 $58,908,150 $57,195,510 12.5% $7,149,439 $7,149,439 +0.58%
2023/24 $126,345,000 $56,855,250 $56,855,250 12.502% $7,108,043 $7,108,043 +6.08%
2022/23 $121,387,000 $54,624,150 $54,624,150 12.267% $6,700,744 $6,700,744 -2.32%
2021/22 $124,594,000 $56,067,300 $56,067,300 12.235% $6,859,834 $6,859,834 -10.20%
2020/21 $142,481,000 $64,116,450 $62,273,620 12.267% $7,639,105 $7,639,105 +0.29%
2019/20 $141,960,000 $63,882,000 $61,070,328 12.473% $7,617,302 $7,617,302 +1.14%
2018/19 $140,693,000 $63,311,850 $59,716,298 12.612% $7,531,420 $7,531,420 +2.00%
2017/18 $136,377,000 $61,369,650 $58,053,928 12.719% $7,383,879 $7,383,879 -0.68%
2016/17 $136,909,000 $61,609,050 $57,666,298 12.892% $7,434,339 $7,434,339 +3.15%

Permit information for The Lucerne - 350 East 79th Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/28/2025 Alteration
05/28/2025 Alteration
10/16/2024 Alteration
04/21/2023 Alteration
04/11/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/10/2018 E-elevator
09/08/2014 E-elevator
08/06/2013 E-elevator

*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

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 & Bet 83rd & 84th St
Station lines
Q
Distance (miles)
0.271

Access the detailed traffic volume map for The Lucerne - 350 East 79th Street, 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

Frequently asked questions

What is the year built for The Lucerne - 350 East 79th Street, New York, NY 10075?

The development at The Lucerne - 350 East 79th Street, New York, NY 10075 was built in 1989.

What is the total square footage of The Lucerne - 350 East 79th Street, New York, NY 10075?

The Lucerne - 350 East 79th Street, New York, NY 10075 has a total of 364,690 square feet.

What is the assessed value of The Lucerne - 350 East 79th Street, New York, NY 10075?

The Lucerne - 350 East 79th Street, New York, NY 10075 is currently assessed at $62,748,900.

What are the property taxes for The Lucerne - 350 East 79th Street, New York, NY 10075?

The property taxes for The Lucerne - 350 East 79th Street, New York, NY 10075 total $7,269,538.

How many residential units does this building have?

This building has 236 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account