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59 Hester Street, New York, NY 10002 Property Information

59 Hester Street, New York, NY 10002 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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59 Hester Street, New York, NY 10002 2
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Address

Primary address 59 Hester Street
Neighborhood Chinatown
Zip code 10002
Borough Manhattan
Block & lot 00310-0038

Sales & Tax Overview for 59 Hester Street, 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 $22,931

Lot & Building Information for 59 Hester Street, New York

Lot sq. ft. 1,500
Lot dimensions 20 ft x 75 ft
Property type Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 5,700
Building dimensions 20 ft x 55 ft
Buildings on lot 1
Stories 5
Year built 1900
Year last altered 1961
Construction type
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Zoning & Use for 59 Hester Street, New York

Zoning
Residential units (DOF) 4
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 3
Closest police station 0.31 Miles
Closest fire station 0.13 Miles

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

Other Property Data for 59 Hester Street, 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 59 Hester Street, New York, NY 10002, 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 59 Hester Street, New York, NY 10002, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 59 Hester Street, New York

How many square feet does 59 Hester Street, New York, NY 10002 have?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 59 Hester Street, New York, NY 10002 has a total of 5,700 square feet.

What is the year built & the current market value of 59 Hester Street, New York, NY 10002?

59 Hester Street, New York, NY 10002 was built in 1900 and has a current tax assessor's market value of $2,884,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 59 Hester Street, New York

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Property owner name for 59 Hester Street, New York, NY 10002
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Building contacts for 59 Hester Street, New York, NY 10002
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 59 Hester Street, New York

Create a free account to view the complete sales history for 59 Hester Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 59 Hester Street, 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
12/24/1990 - R Satisfaction of Mortgage
(1720000360172)
03/14/1984 - R Satisfaction of Mortgage
(1260000056526)
03/14/1984 - R Mortgage
(1920000056492)
03/14/1984 - R Deed
(1910000056491)
07/21/1980 - R Deed
(1390008628139)
06/22/1973 - R Assignment, Mortgage
(1980008522298)
04/02/1973 - R Mortgage
(1320008518532)
04/02/1973 - R Deed
(1310008518531)
01/12/1971 - R Assignment, Mortgage
(1340008483434)
02/02/1970 - R Deed
(1650008470165)
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R: Recorded date
D: Document date

Property Taxes for 59 Hester Street, New York

Access detailed property tax data for 59 Hester Street, New York, NY 10002. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $22,932
Estimated property tax: $22,931
Tax assessor's market value: $2,884,000
Assessed value: $1,297,800

Assessment History for 59 Hester Street, New York

Here's the assessment & property tax history for 59 Hester Street, 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 $2,884,000 $1,297,800 $184,352 12.439% $22,932 $22,932 +2.73%
2024/25 $2,403,600 $1,081,620 $178,573 12.5% $22,322 $22,322 +7.98%
2023/24 $2,003,000 $901,350 $165,347 12.502% $20,672 $20,672 +10.07%
2022/23 $2,128,000 $957,600 $153,101 12.267% $18,781 $18,781 +8.25%
2021/22 $2,504,000 $1,126,800 $141,809 12.235% $17,350 $17,350 -0.26%

Permits for 59 Hester Street, New York

The complete history of permits filed for 59 Hester Street, 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.

No recorded permits for this property.

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
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% 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 Essex St & Canal St at NE Corner
Station lines F
Distance (miles) 0.102
View subway map
Bus Routes
Name Essex St/Canal St
Line M9
Distance (miles) 0.039

Neighbors for 59 Hester Street, New York

Here are the neighbors for 59 Hester Street, New York, NY 10002.

Address Square feet Purchase date Purchase price
192 E Broadway, New York 18,028
51 Hester St, New York 5,751 12/21/2011 $2,200,000
31 Essex St, New York 12,418 12/09/2003
357-389 Grand St, New York 1,025,341 11/26/2003
465 Grand St, New York 18,752 04/20/2013
53 Hester St, New York 15,376 01/23/2013 $3,193,775
41 Essex St, New York 10,650 09/16/1996
346 Grand St, New York 315,000
27 Essex St, New York 5,300
34 Ludlow St, New York 14,898 04/08/2020 $6,400,000
29 Essex St, New York 5,500 06/26/2025 $2,800,000
33 Essex St, New York 10,566 04/19/2006
409 Grand St, New York 1,054,290 09/24/2021 $1,775,000
43 Essex St, New York 10,512 12/19/2014 $6,902,675
35 Essex St, New York 26,306 01/31/2003
570 Grand St, New York 1,231,250
39 Essex St, New York 10,872 05/23/1997
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