New York City  »  10028  »  E 85th St  »  500 E 85th St

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

Also known as: 500 E 85th St

Property image for The Cambridge - 500 East 85th Street, New York, NY 10028
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Property type

Elevator Apartment - Luxury Type (D8)

Year built

1968

Lot sq. ft.

17,575

General information

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Address
Building name
The Cambridge
Primary address
The Cambridge - 500 East 85th Street
Alternate address(es)
1596-1608 York Ave
500-508 E 85th St
ZIP code
10028
Neighborhood
Yorkville
Borough
Manhattan
Block & lot
01581-0049

Owner

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Building
Property type
Elevator Apartment - Luxury Type (D8)
Building sq. ft.
242,032
Building dimensions
170 ft x 95 ft
Buildings on lot
1
Stories
23
Year built
1968
Building material
Tax
Tax year
2026-2027
Property tax
$2,622,754
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
233
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
179.33 ft x 98 ft
Lot sq. ft.
17,575

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.97 Miles
Closest fire station
0.47 Miles

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

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.

Ownership information for The Cambridge - 500 East 85th Street, 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 Cambridge - 500 East 85th Street, New York, NY 10028

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
(2023121900450001)
XXXX XXXX XXXXXX XXX XXXXXX XXX
05/08/2019 - R Initial UCC1
(2019042200517009)
XXXX XXXX XXXXXX XXX XXXXXX XXX
05/08/2019 - R UCC3 Termination
(2019042200517004)
XXXX XXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/08/2019 - R UCC3 Termination
(2019042200517003)
XXXX XXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/08/2019 - R
04/15/2019 - D
Assignment, Mortgage
(2019042200517008)
XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX XXXXXX XXX
05/08/2019 - R
04/15/2019 - D
Agreement
(2019042200517007)
XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
05/08/2019 - R
04/15/2019 - D
Mortgage
(2019042200517006)
XXXX XXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
05/08/2019 - R
04/15/2019 - D
Assignment, Mortgage
(2019042200517005)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXX
05/08/2019 - R
04/15/2019 - D
Termination of Assign of L&R
(2019042200517002)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/08/2019 - R
04/15/2019 - D
Termination of Assign of L&R
(2019042200517001)
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 Cambridge - 500 East 85th Street, 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
$2,622,754
Municipal exemptions
Recent tax assessments
Market value
$52,569,000
Assessed value
$23,656,050

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 $51,523,000 $23,185,350 $20,341,350 12.439% $2,530,261 $2,530,261 +0.99%
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%
2019/20 $50,044,000 $22,519,800 $21,564,960 12.473% $2,689,797 $2,689,797 +2.35%
2018/19 $48,855,000 $21,984,750 $20,836,600 12.612% $2,627,912 $2,627,912 +2.95%
2017/18 $47,271,000 $21,271,950 $20,068,900 12.719% $2,552,563 $2,552,563 +1.81%
2016/17 $46,734,000 $21,030,300 $19,448,350 12.892% $2,507,281 $2,507,281 +0.67%

Permit information for The Cambridge - 500 East 85th Street, New York, NY

Filing date Job type Job status Job description Initial cost
05/27/2026 Alteration
05/26/2026 Alteration
05/26/2026 Alteration
05/26/2026 Alteration
09/10/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/30/2019 Fisp-facade safety program facade required
11/02/2015 E-elevator
11/02/2015 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
2nd Ave & 86th St at NE Corner
Station lines
Q
Distance (miles)
0.287

Access the detailed traffic volume map for The Cambridge - 500 East 85th Street, New York, NY 10028 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 Cambridge - 500 East 85th Street, New York, NY 10028?

The development at The Cambridge - 500 East 85th Street, New York, NY 10028 was built in 1968.

What is the total square footage of The Cambridge - 500 East 85th Street, New York, NY 10028?

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

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

The Cambridge - 500 East 85th Street, New York, NY 10028 is currently assessed at $23,656,050.

What are the property taxes for The Cambridge - 500 East 85th Street, New York, NY 10028?

The property taxes for The Cambridge - 500 East 85th Street, New York, NY 10028 total $2,622,754.

How many residential units does this building have?

This building has 233 residential unit(s).

Disclaimer

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