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162 East 116th Street, New York, NY 10029 Property Information

162 East 116th Street, New York, NY 10029 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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162 East 116th Street, New York, NY 10029 3
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Address

Primary address 162 East 116th Street
Secondary address 164-166 E 116th St
Neighborhood East Harlem
Zip code 10029
Borough Manhattan
Block & lot 01643-0047

Sales & Tax Overview for 162 East 116th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 11/05/2007
Purchase price $7,545,833
Tax class
Estimated property tax $289,303

Lot & Building Information for 162 East 116th Street, New York

Lot sqft 5,719
Lot dimensions 56.67 ft x 100.92 ft
Building class Multi-Story Retail Building (2 or More) (K2)
Building sqft 6,895
Building dimensions 56 ft x 100 ft
Buildings on lot 2
Stories 2
Year built 1920
Construction type
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Zoning & Use for 162 East 116th Street, New York

Zoning
Commercial units 2
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 4
Community district 11
Closest police station 0.15 Miles
Closest fire station 0.23 Miles

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

Other Property Data for 162 East 116th 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 162 East 116th Street, New York, NY 10029, 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 162 East 116th Street, New York, NY 10029, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 164-166 E 116th St, New York, NY 10029

About 162 East 116th Street, New York

How many sq. ft. does 162 East 116th Street, New York, NY 10029 have & what is the price per sq. ft?

This Multi-Story Retail Building (2 or More) (K2) located at 162 East 116th Street, New York, NY 10029 has a total of 6,895 square feet and a current price per square foot of $1,094.

What is the year built & the current market value of 162 East 116th Street, New York, NY 10029?

162 East 116th Street, New York, NY 10029 was built in 1920 and has a current tax assessor's market value of $6,208,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 162 East 116th Street, New York

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Property owner name for 162 East 116th Street, New York, NY 10029
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Building contacts for 162 East 116th Street, New York, NY 10029
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 162 East 116th Street, New York

Create a free account to view the complete sales history for 162 East 116th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/05/2007 $7,545,833

Title Documents for 162 East 116th 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
06/23/2025 - R UCC3 Termination
(2025061700099001)
06/12/2025 - R UCC3 Termination
(2025061100763003)
05/22/2025 - D
06/12/2025 - R
Assignment of Leases and Rents
(2025061100763006)
05/22/2025 - D
06/12/2025 - R
Agreement
(2025061100763005)
05/22/2025 - D
06/12/2025 - R
Mortgage
(2025061100763004)
05/22/2025 - D
06/12/2025 - R
Assignment, Mortgage
(2025061100763001)
05/19/2025 - D
06/12/2025 - R
Termination of Assign of L&R
(2025061100763002)
11/14/2024 - R Initial UCC1
(2024110700734018)
11/01/2024 - D
11/14/2024 - R
Assignment of Leases and Rents
(2024110700734017)
11/01/2024 - D
11/14/2024 - R
Agreement
(2024110700734016)
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R: Recorded date
D: Document date

Property Taxes for 162 East 116th Street, New York

Access detailed property tax data for 162 East 116th Street, New York, NY 10029. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $262,708
Estimated property tax: $289,303
Tax assessor's market value: $6,208,000
Assessed value: $2,793,600

Assessment History for 162 East 116th Street, New York

Here's the assessment & property tax history for 162 East 116th 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 $6,208,000 $2,793,600 $2,421,720 10.848% $262,708 $262,708 +2.46%
2024/25 $5,806,000 $2,612,700 $2,382,480 10.762% $256,402 $256,402 +3.44%
2023/24 $5,786,000 $2,603,700 $2,340,140 10.592% $247,868 $247,868 +1.25%
2022/23 $5,190,000 $2,335,500 $2,299,600 10.646% $244,815 $244,815 +29.11%
2021/22 $3,918,000 $1,763,100 $1,763,100 10.755% $189,621 $189,621 -26.90%

Permits for 162 East 116th Street, New York

The complete history of permits filed for 162 East 116th 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
08/29/2018 Alteration
06/22/2018 Alteration
09/28/2016 Alteration type 3
09/27/2016 Alteration type 3
06/10/2016 Sign
11/09/2015 Alteration type 2
11/09/2015 Alteration type 2
11/09/2015 Alteration type 2
05/03/2012 Alteration type 3
05/03/2012 Sign
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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 Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 116th St at SE Corner
Station lines 6
Distance (miles) 0.031
View subway map
Bus Routes
Name E 116 St/Lexington Av
Line M116
Distance (miles) 0.038

Neighbors for 162 East 116th Street, New York

Here are the neighbors for 162 East 116th Street, New York, NY 10029.

Address Square feet Purchase date Purchase price
160 E 116th St, New York 6,550 10/09/1979
150 E 116th St, New York 11,990 07/27/1982
118 E 116th St, New York 9,735 11/15/1994
2120 3rd Ave, New York 5,610 12/27/2012
124 E 116th St, New York 9,685 12/20/1988
120 E 116th St, New York 9,735 10/27/2021 $4,050,000
176 E 116th St, New York 10,800 12/31/2012
158 E 116th St, New York 3,872 09/09/1992
122 E 116th St, New York 9,685 03/01/1973
170 E 116th St, New York 16,900 12/27/2012
2112 3rd Ave, New York 1,700 12/18/1997
126 E 116th St, New York 8,073 12/16/2006
2118 3rd Ave, New York 5,820 12/03/2002
179 E 115th St, New York 4,720 10/04/2000
171 E 115th St, New York 4,916 01/29/2013 $1,050,000
2116 3rd Ave, New York 2,570 05/02/2023 $1,000,000
154 E 116th St, New York 4,236 12/03/2010
152 E 116th St, New York 9,750 12/06/2023 $7,850,240
2108 3rd Ave, New York 3,032 12/18/1997
2102 3rd Ave, New York 18,800 08/10/1999
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