New York City  »  10029  »  5th Ave  »  1337 5th Ave

Taft Houses - 1337 5th Avenue, New York, NY 10029 - Property report

Also known as: 1337 5th Ave

Property image for Taft Houses - 1337 5th Avenue, New York, NY 10029
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Property type

Elevator Apartment - Miscellaneous (D9)

Year built

1959

Lot sq. ft.

298,710

General information

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Address
Building name
Taft Houses
Primary address
Taft Houses - 1337 5th Avenue
Alternate address(es)
1345 5th Ave
1365-1367 5th Ave
1385-1395 5th Ave
ZIP code
10029
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01618-0001

Owner

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Building
Property type
Elevator Apartment - Miscellaneous (D9)
Building sq. ft.
865,481
Building dimensions
200 ft x 46 ft
Buildings on lot
8
Stories
19
Year built
1959
Last altered
1986
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
792
Residential sq. ft.
Commercial units
8
Lot
Lot dimensions
665.5 ft x 420 ft
Lot sq. ft.
298,710

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
4
Community district
11
Closest police station
0.24 Miles
Closest fire station
0.40 Miles

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

Building Description

The New York City Housing Authority undertook one of its most ambitious apartment projects to date with the Taft Houses at 1337 5 Avenue in 1962, adding 1,464 apartment units to Spanish Harlem. Named for United States senator Robert A. Taft ? a champion of affordable public housing ? the nine 19-story brick towers were designed by architects Del Young, Moscowitz and Rosenberg. The Taft Houses occupy two Manhattan blocks bounded by 112th and 115th streets and Fifth and Park avenues. The grounds are attractively landscaped with shade trees and iron fencing.

Central Park is two quick blocks from 1337 5 Avenue and Marcus Garvey Park is also close by. A variety of Spanish Harlem shopping and dining experiences spreads out around the Taft Houses. Crosstown bus service is steps away with the M1 line, and the BXM2, BXM3, BXM9, and BXM10 lines are also close by. The 6 train is a quick walk away at Lexington Avenue and 116th Station, with the 3 and D also within walking distance.

Ownership information for Taft Houses - 1337 5th 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 Taft Houses - 1337 5th Avenue, New York, NY 10029

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/24/2025 - R UCC3 Continuation
(2025092300327001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
06/28/2023 - R UCC3 Amendment
(2023062800263001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
06/20/2023 - R Initial UCC1
(2023061600702001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
11/12/2020 - R Initial UCC1
(2020111000834001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
11/12/2020 - R UCC3 Amendment
(2020111000703001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
12/30/2016 - R Initial UCC1
(2016123000424001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXX XX XXXXXXX XXXXXX XXXXXXX XXXX
04/25/2012 - R
03/20/2012 - D
Sundry Miscellaneous
(2012041800950001)
XXX XXXX XXXXXXX XXXXXXXXX XXXXXX XXXXXX XXXXXXXXXX XX XXX
03/04/2003 - R
01/09/2003 - D
Initial UCC1
(2003010900093001)
XXXX XXXXXX XXX XXXXXXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Taft Houses - 1337 5th 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
Municipal exemptions
Recent tax assessments
Market value
$65,381,000
Assessed value
$29,421,450

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 $59,381,000 $26,721,450 $0 12.439% $3,282,896 $0 n/a
2024/25 $58,168,000 $26,175,600 $0 12.5% $3,271,950 $0 n/a
2023/24 $57,648,000 $25,941,600 $0 12.502% $3,243,219 $0 n/a
2022/23 $59,882,000 $26,946,900 $0 12.267% $3,305,576 $0 n/a
2021/22 $58,165,000 $26,174,250 $0 12.235% $3,202,419 $0 n/a
2020/21 $64,424,000 $28,990,800 $0 12.267% $3,378,829 $0 n/a
2019/20 $62,706,000 $28,217,700 $0 12.473% $3,348,907 $0 n/a
2018/19 $60,342,000 $27,153,900 $0 12.612% $3,321,335 $0 n/a
2017/18 $60,179,000 $27,080,550 $0 12.719% $3,230,761 $0 n/a
2016/17 $58,394,000 $26,277,300 $0 12.892% $3,111,929 $0 n/a

Permit information for Taft Houses - 1337 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/31/2026 Alteration
08/31/2026 Alteration
08/31/2026 Alteration
08/31/2026 Alteration
08/31/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Hblvio-high pressure boiler boiler required
11/14/2025 Hblvio-high pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Lexington Ave & 116th St at SW Corner
Station lines
6
Distance (miles)
0.259

Access the detailed traffic volume map for Taft Houses - 1337 5th Avenue, New York, NY 10029 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 Taft Houses - 1337 5th Avenue, New York, NY 10029?

The development at Taft Houses - 1337 5th Avenue, New York, NY 10029 was built in 1959.

What is the total square footage of Taft Houses - 1337 5th Avenue, New York, NY 10029?

Taft Houses - 1337 5th Avenue, New York, NY 10029 has a total of 865,481 square feet.

What is the assessed value of Taft Houses - 1337 5th Avenue, New York, NY 10029?

Taft Houses - 1337 5th Avenue, New York, NY 10029 is currently assessed at $29,421,450.

How many residential units does this building have?

This building has 792 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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