New York City  »  10065  »  1st Ave  »  1114 1st Ave

1114 1st Avenue, New York, NY 10065 - Property report

Also known as: 1114 1st Ave

Property image for 1114 1st Avenue, New York, NY 10065

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1947

Lot sq. ft.

4,750

Sale price

$19,939,582

General information

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Address
Primary address
1114 1st Avenue
Alternate address(es)
1114-1116 1st Ave
401-403 E 61st St
ZIP code
10065
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01456-0001

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
41,300
Building dimensions
50 ft x 95 ft
Buildings on lot
1
Stories
8
Year built
1947
Last altered
2025
Building material
Sales
Sale date
08/27/2024
Sale price
$19,939,582
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 95 ft
Lot sq. ft.
4,750

Ownership information for 1114 1st Avenue, New York, NY

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

Sales history for 1114 1st Avenue, New York, NY 10065

Sale date Sale price Buyer name Seller name
08/27/2024 $19,939,582 XX XXXXX XXXXXXXX XXX XXXXXXXXXXXXX XXXXXXXXXXX XXX XXX XXX XXXX XXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/10/2025 - R
11/05/2025 - D
Maps
(2025110600029002)
XXX XXXX XXX XXXXXX XXXXXXXXXXX
11/10/2025 - R
09/15/2025 - D
Condo Declaration
(2025110600029001)
XX XXXXX XXXXXXXX XXX
04/22/2025 - R
10/07/2024 - D
Mortgage
(2025010300834001)
XXXXXXXX XXXXXX XXX XXXXXXXXXX XXXXX X X
09/18/2024 - R Initial UCC1
(2024091600648008)
XX XXXXX XXXXXXXX XXX XXXXX XX XXXXXX XXX
09/18/2024 - R
08/27/2024 - D
Termination of Assign of L&R
(2024091600860001)
XXX XXX XXXX XXXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
09/18/2024 - R
08/27/2024 - D
Assignment of Leases and Rents
(2024091600648007)
XX XXXXX XXXXXXXX XXX XXXXX XX XXXXXX XXX
09/18/2024 - R
08/27/2024 - D
Mortgage
(2024091600648006)
XX XXXXX XXXXXXXX XXX XXXXX XX XXXXXX XXX
09/18/2024 - R
08/27/2024 - D
Assignment of Leases and Rents
(2024091600648005)
XX XXXXX XXXXXXXX XXX XXXXX XX XXXXXX XXX
09/18/2024 - R
08/27/2024 - D
Agreement
(2024091600648004)
XXXXX XX XXXXXX XXX XX XXXXX XXXXXXXX XXX
09/18/2024 - R
08/27/2024 - D
Agreement
(2024091600648003)
XX XXXXX XXXXXXXX XXX XXXXX XX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1114 1st Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This property currently has a zero assessment. No calculation of property tax can therefore be made.

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 $11,352,000 $5,108,400 $4,839,570 10.848% $524,997 $524,997 +0.18%
2024/25 $11,190,000 $5,035,500 $4,869,307 10.762% $524,035 $524,035 +0.63%
2023/24 $11,701,000 $5,265,450 $4,916,265 10.592% $520,731 $520,731 +1.59%
2022/23 $10,700,000 $4,815,000 $4,815,000 10.646% $512,605 $512,605 +21.84%
2021/22 $8,693,000 $3,911,850 $3,911,850 10.755% $420,719 $420,719 -24.02%
2020/21 $11,918,000 $5,363,100 $5,177,920 10.694% $553,727 $553,727 +2.93%
2019/20 $11,585,000 $5,213,250 $5,105,300 10.537% $537,945 $537,945 +0.36%
2018/19 $11,585,000 $5,213,250 $5,098,100 10.514% $536,014 $536,014 -0.69%
2017/18 $12,253,000 $5,513,850 $5,133,710 10.514% $539,758 $539,758 -0.61%
2016/17 $12,314,000 $5,541,300 $5,135,940 10.574% $543,074 $543,074 +4.42%

Permit information for 1114 1st Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
02/04/2026 Alteration
01/08/2026 Alteration CO
12/31/2025 Alteration
12/04/2025 Alteration
11/18/2025 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/01/2021 Egrade-failure to post energy grade/score
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction
09/03/2019 Ll2604s-sprinkler

*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.

Frequently asked questions

What is the year built for 1114 1st Avenue, New York, NY 10065?

The development at 1114 1st Avenue, New York, NY 10065 was built in 1947.

What is the total square footage of 1114 1st Avenue, New York, NY 10065?

1114 1st Avenue, New York, NY 10065 has a total of 41,300 square feet.

What is the price per square foot for this property?

$482 per square foot is the price for 1114 1st Avenue, New York, NY 10065.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 8.

Disclaimer

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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.

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