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1488 1st Avenue, New York, NY 10075 Property Information

1488 1st Avenue, New York, NY 10075 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1488 1st Avenue, New York, NY 10075 2
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Address

Primary address 1488 1st Avenue
Neighborhood Lenox Hill
Zip code 10075
Borough Manhattan
Block & lot 01472-0050

Sales & Tax Overview for 1488 1st Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $73,657

Lot & Building Information for 1488 1st Avenue, New York

Lot sq. ft. 1,597
Lot dimensions 25.5 ft x 59.58 ft
Property type Primarily Five to Six Family with One Store or Office (S5)
Building sqft 5,880
Building dimensions 26 ft x 55 ft
Buildings on lot 1
Stories 4
Year built 1910
Construction type
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Zoning & Use for 1488 1st Avenue, New York

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

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 8
Closest police station 0.61 Miles
Closest fire station 0.25 Miles

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

Other Property Data for 1488 1st 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 1st 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 1st Avenue, New York, NY 10075, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1488 1st Avenue, New York

How many square feet does 1488 1st Avenue, New York, NY 10075 have?

This Primarily Five to Six Family with One Store or Office (S5) located at 1488 1st Avenue, New York, NY 10075 has a total of 5,880 square feet.

What is the year built & the current market value of 1488 1st Avenue, New York, NY 10075?

1488 1st Avenue, New York, NY 10075 was built in 1910 and has a current tax assessor's market value of $4,221,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1488 1st Avenue, New York

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Property owner name for 1488 1st Avenue, New York, NY 10075
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Building contacts for 1488 1st Avenue, New York, NY 10075
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1488 1st Avenue, New York

Create a free account to view the complete sales history for 1488 1st Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 1488 1st 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
09/19/2024 - D
11/01/2024 - R
Zoning Lot Description
(2024102900942002)
09/19/2024 - D
11/01/2024 - R
Certificate
(2024102900942001)
09/19/2024 - D
10/03/2024 - R
Easement
(2024092600567003)
09/19/2024 - D
10/03/2024 - R
Development Rights
(2024092600567002)
09/19/2024 - D
10/03/2024 - R
Declaration
(2024092600567001)
12/19/2018 - D
12/31/2018 - R
Easement
(2018122800127001)
05/22/1978 - R Deed
(ft_1420008590542)
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R: Recorded date
D: Document date

Property Taxes for 1488 1st Avenue, New York

Access detailed property tax data for 1488 1st 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: $73,658
Estimated property tax: $73,657
Tax assessor's market value: $4,221,000
Assessed value: $1,899,450

Assessment History for 1488 1st Avenue, New York

Here's the assessment & property tax history for 1488 1st 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 $4,221,000 $1,899,450 $592,150 12.439% $73,658 $73,658 +2.69%
2024/25 $3,957,000 $1,780,650 $573,799 12.5% $71,725 $71,725 +7.98%
2023/24 $3,530,000 $1,588,500 $531,295 12.502% $66,423 $66,423 +10.07%
2022/23 $3,824,000 $1,720,800 $491,940 12.267% $60,346 $60,346 -16.71%
2021/22 $3,744,000 $1,684,800 $592,145 12.235% $72,449 $72,449 +7.72%

Permits for 1488 1st Avenue, New York

The complete history of permits filed for 1488 1st 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
08/21/2024 Alteration
10/11/2023 Alteration
07/11/2023 Alteration
02/03/2023 Alteration
11/26/2022 Alteration
11/26/2022 Alteration
11/04/2022 Alteration
11/04/2022 Alteration
11/12/2020 Alteration
11/02/2020 Alteration
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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 2nd Ave & 72nd St at SE Corner
Station lines Q
Distance (miles) 0.323
View subway map
Bus Routes
Name 1 Av/E 77 St
Line M15
Distance (miles) 0.011

Neighbors for 1488 1st Avenue, New York

Here are the neighbors for 1488 1st Avenue, New York, NY 10075.

Address Square feet Purchase date Purchase price
410 E 78th St, New York 7,505 12/26/2012 $1,300,000
405 E 78th St, New York 9,262 08/29/2024 $10,100,000
402 E 78th St, New York 26,090 08/23/2024
412 E 78th St, New York 8,300 11/22/2002
414 E 78th St, New York 7,000 09/15/2016 $11,200,000
407 E 78th St, New York 6,596 03/18/1999
411 E 78th St, New York 5,716 10/03/1985
403 E 78th St, New York 5,266 07/17/2007 $2,417,500
1492 1st Ave, New York 7,800 01/14/2026 $3,850,000
409 E 78th St, New York 10,501 08/26/1996
413 E 78th St, New York 10,622 06/30/2022 $10,000,000
416 E 78th St, New York 8,433 09/15/2016 $11,200,000
1490 1st Ave, New York 7,100 05/22/1978
408 E 78th St, New York 7,000 12/01/2000
418 E 78th St, New York 7,356 01/14/2009 $3,150,000
450 E 78th St, New York 1,300 04/07/2025 $1,400,000
1500 1st Ave, New York 8,775 04/21/2003
1502 1st Ave, New York 7,676 04/21/2003
415 E 78th St, New York 8,938 11/18/2015
1494 1st Ave, New York 9,279 01/17/2007 $4,500,000
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