New York City  »  10128  »  3rd Ave  »  1588 3rd Ave

1588 3rd Avenue, New York, NY 10128 - Property report

Also known as: 1588 3rd Ave

Property image for 1588 3rd Avenue, New York, NY 10128
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

1980

Lot sq. ft.

7,300

General information

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Address
Primary address
1588 3rd Avenue
Alternate address(es)
1588-1592 3rd Ave
1592 A 3rd Ave
171-175 E 89th St
ZIP code
10128
Neighborhood
Carnegie Hill
Borough
Manhattan
Block & lot
01518-0033

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
81,837
Building dimensions
72 ft x 98 ft
Buildings on lot
1
Stories
13
Year built
1980
Building material
Tax
Tax year
2026-2027
Property tax
$1,099,176
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
96
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
73 ft x 100 ft
Lot sq. ft.
7,300

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.61 Miles
Closest fire station
0.19 Miles

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

Ownership information for 1588 3rd 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 1588 3rd Avenue, New York, NY 10128

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/07/2022 - R
01/31/2022 - D
Agreement
(2022020200050003)
XXXXXXXX XXXXX XXXX X X XXX XXXX X XXX
02/07/2022 - R
01/31/2022 - D
Mortgage
(2022020200050002)
XXX XXXX X XXX XXXXXXXX XXXXX XXXX X X
02/07/2022 - R
01/26/2022 - D
Assignment, Mortgage
(2022020200050001)
XXXXXX XXX XXXXXXXX XXXXX XXXX X X
01/18/2022 - R
12/21/2021 - D
Both RPTT and RETT
(2022010500238004)
XXXXXX XXXXX X XXXXXX XXXXXXXXXX XXXXXX XXXXXXX XXX
02/28/2018 - R UCC3 Continuation
(2018022701404001)
XXX XXXX X XXX XXXXXX XXX
05/28/2013 - R UCC3 Termination
(2013052200794001)
XXX XXXX X XXX XXXXXXXX XXXXX XXXX X X XXXXXXXX XX XXXX
04/26/2013 - R Initial UCC1
(2013040301626001)
XXX XXXX X XXX XXXXXXXX XXXXXXXXXX XXXXXXXX XXX
04/05/2013 - R Initial UCC1
(2013040201356001)
XXX XXXX X XXX XXXXXXXX XXXXXXXXXX XXXXXXXX XXX
04/17/2013 - R
04/01/2013 - D
Assignment, Mortgage
(2013040201318005)
XXXXXXXX XXXXXXXXXX XXXXXXXX XXX XXXXXX XXX
04/17/2013 - R
04/01/2013 - D
Agreement
(2013040201318004)
XXX XXXX X XXX XXXXXXXX XXXXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1588 3rd 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
$1,099,176
Municipal exemptions
Recent tax assessments
Market value
$20,825,000
Assessed value
$9,371,250

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 $20,684,000 $9,307,800 $8,503,800 12.439% $1,057,788 $1,057,788 +1.11%
2024/25 $20,036,000 $9,016,200 $8,369,160 12.5% $1,046,145 $1,046,145 +1.08%
2023/24 $19,712,000 $8,870,400 $8,278,710 12.502% $1,035,004 $1,035,004 -0.57%
2022/23 $20,476,000 $9,214,200 $8,485,670 12.267% $1,040,937 $1,040,937 +10.38%
2021/22 $17,128,000 $7,707,600 $7,707,600 12.235% $943,025 $943,025 -7.62%
2020/21 $19,188,000 $8,634,600 $8,321,310 12.267% $1,020,775 $1,020,775 -0.13%
2019/20 $19,031,000 $8,563,950 $8,194,390 12.473% $1,022,086 $1,022,086 +0.90%
2018/19 $18,926,000 $8,516,700 $8,031,920 12.612% $1,012,986 $1,012,986 +3.59%
2017/18 $18,762,000 $8,442,900 $7,688,580 12.719% $977,910 $977,910 -0.87%
2016/17 $19,981,000 $8,991,450 $7,651,760 12.892% $986,465 $986,465 +7.24%

Permit information for 1588 3rd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/29/2026 Alteration
07/13/2026 Alteration
05/20/2026 Alteration
05/20/2026 Alteration
05/20/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/25/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
10/15/2019 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

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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
Lexington Ave & 86th St at NE Corner
Station lines
4-5-6
Distance (miles)
0.163

Access the detailed traffic volume map for 1588 3rd Avenue, New York, NY 10128 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 1588 3rd Avenue, New York, NY 10128?

The development at 1588 3rd Avenue, New York, NY 10128 was built in 1980.

What is the market value of 1588 3rd Avenue, New York, NY 10128?

The current market value of 1588 3rd Avenue, New York, NY 10128 is $20,825,000.

What is the total square footage of 1588 3rd Avenue, New York, NY 10128?

1588 3rd Avenue, New York, NY 10128 has a total of 81,837 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

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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