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The Cambridge - 500 East 85th Street, New York, NY 10028 Property Information

The Cambridge - 500 East 85th Street, New York, NY 10028 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Cambridge - 500 East 85th Street, New York, NY 10028 2
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Address

Building name The Cambridge
Primary address The Cambridge - 500 East 85th Street
Secondary address 500-508 E 85th St
Neighborhood Yorkville
Zip code 10028
Borough Manhattan
Block & lot 01581-0049

Sales & Tax Overview for 500 East 85th 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 $2,542,668

Lot & Building Information for 500 East 85th Street, New York

Lot sqft 17,575
Lot dimensions 179.33 ft x 98 ft
Building class Elevator Apartment - Luxury Type (D8) i
Building sqft 242,032
Building dimensions 170 ft x 95 ft
Buildings on lot 1
Stories 23
Year built 1968
Construction type
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Zoning & Use for 500 East 85th Street, New York

Zoning
Residential units (DOF) 233
Regulated units
Commercial units 3
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 8
Closest police station 0.97 Miles
Closest fire station 0.47 Miles

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

Building Description

1596 York Avenue is a 23-story property located in Manhattan's Yorkville neighborhood. Built in 1968, the property comprises 233 residential units, three commercial units, and more than 23,000 square feet of garage space. The average residential unit is 933 square feet in size, bringing the property's footprint to 242,032 square feet. Unit sizes range from studios to three-bedroom layouts, and amenities include laundry facilities with closed circuit TV security, 24-hour doorman service, onsite garage parking, monitored service entrance, and a landscaped drive dotted with fountains.

Just a block from Carl Schurz Park, 1596 York Avenue is part of School District 2, zoned for Yorkville Community School and J.H.S. 167 Robert F. Wagner. The nearest high school is Eleanor High School. 1596 York Avenue is a quarter mile from the 2nd Avenue and 86th Street Station, serving the Q train. The 4, 5, and 6 trains can be boarded a little over half a mile away.

Other Property Data for 500 East 85th 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 The Cambridge - 500 East 85th Street, New York, NY 10028, 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 The Cambridge - 500 East 85th Street, New York, NY 10028, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 500-508 E 85th St, New York, NY 10028
  • 1596-1608 York Ave, New York, NY 10028

About 500 East 85th Street, New York

What is the year built & the total sq. ft. for The Cambridge - 500 East 85th Street, New York, NY 10028?

The Cambridge - 500 East 85th Street, New York, NY 10028 was built in 1968 and has a total of 242,032 square feet.

What is the assessed value of The Cambridge - 500 East 85th Street, New York, NY 10028 and the property tax paid?

Assessed at $20,138,400, the tax amount paid for The Cambridge - 500 East 85th Street, New York, NY 10028 is $2,505,535. For the next year, the tax amount for The Cambridge - 500 East 85th Street, New York, NY 10028 is estimated at $2,542,668.

When was The Cambridge - 500 East 85th Street, New York, NY 10028 last sold?

The Cambridge - 500 East 85th Street, New York, NY 10028 was last sold in 09/15/1999.

How many residential units does this building have?

This building has 233 residential unit(s) and 3 commercial spaces.

Ownership Information for 500 East 85th Street, New York

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Property owner name for The Cambridge - 500 East 85th Street, New York, NY 10028
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Building contacts for The Cambridge - 500 East 85th Street, New York, NY 10028
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Representatives (from permits):
Tenants:


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Past Sales & Property History for 500 East 85th Street, New York

Create a free account to view the complete sales history for 500 East 85th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 500 East 85th 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
12/19/2023 - R UCC3 continuation
(2023121900450001)
05/08/2019 - R Initial UCC1
(2019042200517009)
05/08/2019 - R UCC3 termination
(2019042200517004)
05/08/2019 - R UCC3 termination
(2019042200517003)
04/15/2019 - D
05/08/2019 - R
Assignment, mortgage
(2019042200517008)
04/15/2019 - D
05/08/2019 - R
Agreement
(2019042200517007)
04/15/2019 - D
05/08/2019 - R
Mortgage
(2019042200517006)
04/15/2019 - D
05/08/2019 - R
Assignment, mortgage
(2019042200517005)
04/15/2019 - D
05/08/2019 - R
Termination of assign of L&R
(2019042200517002)
04/15/2019 - D
05/08/2019 - R
Termination of assign of L&R
(2019042200517001)
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R: Recorded date
D: Document date

Property Taxes for 500 East 85th Street, New York

Access detailed property tax data for The Cambridge - The Cambridge - 500 East 85th Street, New York, NY 10028. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $2,505,535
Estimated property tax: $2,542,668
Tax assessor's market value: $44,752,000
Assessed value: $20,138,400

Assessment History for 500 East 85th Street, New York

Here's the assessment & property tax history for 500 East 85th 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
2024/25 $44,752,000 $20,138,400 $20,044,280 12.5% $2,505,535 $2,505,535 +6.11%
2023/24 $41,973,000 $18,887,850 $18,887,850 12.502% $2,361,359 $2,361,359 -1.57%
2022/23 $43,460,000 $19,557,000 $19,557,000 12.267% $2,399,057 $2,399,057 -1.66%
2021/22 $44,307,000 $19,938,150 $19,938,150 12.235% $2,439,433 $2,439,433 -9.06%
2020/21 $50,053,000 $22,523,850 $21,866,130 12.267% $2,682,318 $2,682,318 -0.28%

Permits for 500 East 85th Street, New York

The complete history of permits filed for 500 East 85th 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.

Filing date Job type Job status Job description Initial cost
09/10/2024 Alteration
06/08/2023 Alteration
10/07/2022 Alteration
09/07/2018 Alteration
08/29/2018 Alteration
10/12/2016 Alteration type 2
08/27/2015 Alteration type 3
08/27/2015 Alteration type 3
08/27/2015 Alteration type 3
01/20/2012 Alteration type 2
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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 Q4/2024
$670
1.7% YoY
Median Price/Sqft Q3/2024
$683
14.5% YoY
Median Price/Sqft 2024
$632
-2.8% 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 & 86th St at NE Corner
Station lines Q
Distance (miles) 0.287
View subway map
Bus Routes
Name York Av/E 84 St
Line M31
Distance (miles) 0.014

Neighbors for 500 East 85th Street, New York

Here are the neighbors for The Cambridge - The Cambridge - 500 East 85th Street, New York, NY 10028.

Address Square feet Purchase date Purchase price
517 E 84th St, New York 3,800 08/06/1998
524 E 85th St, New York 8,145 06/07/2023
1616 York Ave, New York 9,000 04/24/1968
519 E 85th St, New York 8,375 06/07/2011
510 E 85th St, New York 77,768
530 E 85th St, New York 8,145 02/14/1978
110 E End Ave, New York 150,754 10/14/2011 $9,759,987
1610 York Ave, New York 8,855 09/02/1982
522 E 85th St, New York 8,145 06/15/2007
536 E 85th St, New York 7,770 01/29/2014
509 E 84th St, New York 3,800 10/02/2007
1614 York Ave, New York 7,290 03/20/2017
1612 York Ave, New York 7,290 03/20/2017
534 E 85th St, New York 21,500 01/25/2000
538 E 85th St, New York 7,770 10/08/1987
100 E End Ave, New York 130,918
526 E 85th St, New York 8,145 06/13/1997
528 E 85th St, New York 8,145 09/22/2016 $5,828,969
515 E 85th St, New York 81,215 10/03/1980
520 E 85th St, New York 8,145 08/13/1996
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