New York City  »  10021  »  York Ave  »  1365 York Ave

The Somerset - 1365 York Avenue, New York, NY 10021 - Property report

Also known as: 433-475 E 72nd St

Property image for The Somerset - 1365 York Avenue, New York, NY 10021
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Property type

Elevator Apartment - Luxury Type (D8)

Year built

1977

Lot sq. ft.

35,757

General information

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Address
Building name
The Somerset
Primary address
The Somerset - 1365 York Avenue
Alternate address(es)
1353-1367 York Ave
1365-1367 York Ave
428-436 E 73rd St
ZIP code
10021
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01467-0021

Owner

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Building
Property type
Elevator Apartment - Luxury Type (D8)
Building sq. ft.
492,654
Building dimensions
157 ft x 125 ft
Buildings on lot
1
Stories
37
Year built
1977
Building material
Tax
Tax year
2026-2027
Property tax
$7,865,629
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
418
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
300.33 ft x 204.33 ft
Lot sq. ft.
35,757

Area overview

Walk score
98 /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
0.49 Miles
Closest fire station
0.33 Miles

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

Building Description

The 1353 York Avenue luxury apartment features an enviable Manhattan address in Lenox Hill. Built in 1937, the 37-story tower has 459 free market apartments and 258 rent-controlled units across 492,654 square feet. Additionally, the property also features nine commercial units and a parking garage. Residential units average 841 square feet in size.

Located in School District 2, 1353 York Avenue is zoned for P.S. 183 Robert L. Stevenson and J.H.S. Robert F. Wagner. Eleanor Roosevelt High School, P.S. 169 Robert F. Kennedy, and the Ella Baker School are less than a mile away, while Cornell University's Weill Graduate School of Medical Sciences is just a few blocks from the property. The Q train stops just a quarter mile away at 2nd Avenue and 72nd Street.

Ownership information for The Somerset - 1365 York 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 The Somerset - 1365 York Avenue, 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
12/19/2023 - R UCC3 Continuation
(2023121900428001)
XXXX XXXX XXXXXX XXX XXXXXX XXX
05/23/2019 - R Initial UCC1
(2019051500731015)
XXXX XXXX XXXXXX XXX XXXXXX XXX
05/23/2019 - R UCC3 Termination
(2019051500731009)
XXXX XXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/23/2019 - R UCC3 Termination
(2019051500731008)
XXXX XXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/23/2019 - R UCC3 Termination
(2019051500731007)
XXXX XXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/23/2019 - R
04/15/2019 - D
Assignment, Mortgage
(2019051500731014)
XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX XXXXXX XXX
05/23/2019 - R
04/15/2019 - D
Agreement
(2019051500731013)
XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
05/23/2019 - R
04/15/2019 - D
Assignment, Mortgage
(2019051500731011)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
05/23/2019 - R
04/15/2019 - D
Mortgage Spreader Agreement
(2019051500731010)
XXXX XXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/23/2019 - R
04/15/2019 - D
Termination of Assign of L&R
(2019051500731006)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Somerset - 1365 York 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
$7,865,629
Municipal exemptions
Recent tax assessments
Market value
$155,538,000
Assessed value
$69,992,100

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 $153,424,000 $69,040,800 $59,818,650 12.439% $7,440,842 $7,440,842 +2.56%
2024/25 $144,311,000 $64,939,950 $58,042,500 12.5% $7,255,313 $7,255,313 +0.27%
2023/24 $139,282,000 $62,676,900 $57,875,310 12.502% $7,235,571 $7,235,571 +10.08%
2022/23 $119,076,000 $53,584,200 $53,584,200 12.267% $6,573,174 $6,573,174 +1.53%
2021/22 $117,594,000 $52,917,300 $52,917,300 12.235% $6,474,432 $6,474,432 -11.10%
2020/21 $133,689,000 $60,160,050 $59,367,690 12.267% $7,282,635 $7,282,635 -0.23%
2019/20 $133,418,000 $60,038,100 $58,522,680 12.473% $7,299,534 $7,299,534 +0.62%
2018/19 $132,377,000 $59,569,650 $57,523,320 12.612% $7,254,841 $7,254,841 +1.37%
2017/18 $130,878,000 $58,895,100 $56,266,590 12.719% $7,156,548 $7,156,548 +0.40%
2016/17 $129,279,000 $58,175,550 $55,288,430 12.892% $7,127,784 $7,127,784 +2.53%

Permit information for The Somerset - 1365 York Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
03/16/2026 Alteration
04/28/2025 Alteration
04/08/2025 Alteration
10/24/2024 Alteration
10/17/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/22/2023 Earcx-failure to submit eer none
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required
08/21/2022 Earcx-failure to submit eer none

*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

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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)
0.247

Access the detailed traffic volume map for The Somerset - 1365 York Avenue, 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

Frequently asked questions

What is the year built for The Somerset - 1365 York Avenue, New York, NY 10021?

The development at The Somerset - 1365 York Avenue, New York, NY 10021 was built in 1977.

What is the total square footage of The Somerset - 1365 York Avenue, New York, NY 10021?

The Somerset - 1365 York Avenue, New York, NY 10021 has a total of 492,654 square feet.

What is the assessed value of The Somerset - 1365 York Avenue, New York, NY 10021?

The Somerset - 1365 York Avenue, New York, NY 10021 is currently assessed at $69,992,100.

What are the property taxes for The Somerset - 1365 York Avenue, New York, NY 10021?

The property taxes for The Somerset - 1365 York Avenue, New York, NY 10021 total $7,865,628.

How many residential units does this building have?

This building has 418 residential unit(s).

Disclaimer

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