Manhattan  »  10128  »  E 88th St  »  506 E 88th St

506 East 88th Street, New York, NY 10128 - Property report

Also known as: 506 E 88th St

Property image for 506 East 88th Street, New York, NY 10128
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1915

Lot sq. ft.

5,035

Sale price

$9,937,606

General information

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Address
Primary address
506 East 88th Street
Alternate address(es)
506-508 E 88th St
ZIP code
10128
Neighborhood
Yorkville
Borough
Manhattan
Block & lot
01584-0046

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
21,500
Building dimensions
50 ft x 80 ft
Buildings on lot
1
Stories
5
Year built
1915
Last altered
1987
Building material
Sales
Sale date
09/06/2007
Sale price
$9,937,606
Tax
Tax year
2026-2027
Property tax
$281,976
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
39
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 100.71 ft
Lot sq. ft.
5,035

Area overview

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

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

Ownership information for 506 East 88th 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 506 East 88th Street, New York, NY 10128

Sale date Sale price Buyer name Seller name
09/06/2007 $9,937,606 XXX XXXX XXXX XXXXXX XXX XXX XXXX XXXX XXX
08/11/2005 $6,690,648 XXX XXXX XXXX XXX XXXXXXXXX, XXXXXX XXX XXX XXXX XXXX XXXXXX XXXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/09/2024 - R
04/30/2024 - D
Asgn of Asgn of L&R
(2024050800419002)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/09/2024 - R
04/30/2024 - D
Assignment, Mortgage
(2024050800419001)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/01/2018 - R Initial UCC1
(2018072400400008)
XXX XXXX XXXX XXXXXX XXX XXXXX XXXXXXXX XXXX
08/01/2018 - R
07/12/2018 - D
Assignment of Leases and Rents
(2018072400400007)
XXX XXXX XXXX XXXXXX XXX XXXXX XXXXXXXX XXXX
08/01/2018 - R
07/12/2018 - D
Agreement
(2018072400400006)
XXX XXXX XXXX XXXXXX XXX XXXXX XXXXXXXX XXXX
08/01/2018 - R
07/10/2018 - D
Termination of Assign of L&R
(2018072400400009)
XXX XXXX XXXXXXXXX XXXX XXXXXX XXXX XXXX XXXXXX XXX
08/01/2018 - R
07/10/2018 - D
Assignment, Mortgage
(2018072400400005)
XXX XXXX XXXXXXXXX XXXX XXXXX XXXXXXXX XXXX
08/01/2018 - R
07/10/2018 - D
Mortgage
(2018072400400004)
XXX XXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
08/01/2018 - R
07/10/2018 - D
Agreement
(2018072400400003)
XXXXXX XXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
08/01/2018 - R
06/07/2013 - D
Agreement
(2018072400400002)
XXXXXX XXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 506 East 88th 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
$281,976
Municipal exemptions
Recent tax assessments
Market value
$5,504,000
Assessed value
$2,476,800

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 $4,999,000 $2,249,550 $2,226,460 12.439% $276,949 $276,949 +4.71%
2024/25 $4,702,000 $2,115,900 $2,115,900 12.5% $264,488 $264,488 +3.60%
2023/24 $4,538,000 $2,042,100 $2,042,100 12.502% $255,303 $255,303 -17.47%
2022/23 $6,184,000 $2,782,800 $2,521,710 12.267% $309,338 $309,338 +11.15%
2021/22 $5,055,000 $2,274,750 $2,274,750 12.235% $278,316 $278,316 -5.36%
2020/21 $5,672,000 $2,552,400 $2,397,210 12.267% $294,066 $294,066 +2.19%
2019/20 $5,780,000 $2,601,000 $2,307,070 12.473% $287,761 $287,761 +8.46%
2018/19 $5,554,000 $2,499,300 $2,103,670 12.612% $265,315 $265,315 +8.73%
2017/18 $5,189,000 $2,335,050 $1,918,450 12.719% $244,008 $244,008 +3.73%
2016/17 $5,213,000 $2,345,850 $1,824,660 12.892% $235,235 $235,235 +10.16%

Permit information for 506 East 88th Street, New York, NY

Filing date Job type Job status Job description Initial cost
07/13/2022 Alteration
07/13/2022 Alteration
02/18/2022 Alteration
10/20/2021 Alteration
10/15/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/14/2017 E-elevator
10/21/2015 E-elevator
08/17/2012 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
6

Subway & traffic

Closest station
2nd Ave & 86th St at NE Corner
Station lines
Q
Distance (miles)
0.305

Access the detailed traffic volume map for 506 East 88th Street, 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 506 East 88th Street, New York, NY 10128?

The development at 506 East 88th Street, New York, NY 10128 was built in 1915.

What is the total square footage of 506 East 88th Street, New York, NY 10128?

506 East 88th Street, New York, NY 10128 has a total of 21,500 square feet.

When was 506 East 88th Street, New York, NY 10128 last sold and what was the sale price?

506 East 88th Street, New York, NY 10128 was last sold on 09/06/2007 for $9,937,606.

What is the assessed value of 506 East 88th Street, New York, NY 10128?

506 East 88th Street, New York, NY 10128 is currently assessed at $2,476,800.

What are the property taxes for 506 East 88th Street, New York, NY 10128?

The property taxes for 506 East 88th Street, New York, NY 10128 total $281,975.

How many residential units does this building have?

This building has 39 residential unit(s).

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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