New York City  »  10029  »  3rd Ave  »  1985 3rd Ave

1985 3rd Avenue, New York, NY 10029 - Property report

Also known as: 1985 3rd Ave

Property image for 1985 3rd Avenue, New York, NY 10029
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Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

9,285

Sale price

$20,750,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1985 3rd Avenue
ZIP code
10029
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01659-0001

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
11/04/2019
Sale price
$20,750,000
Tax
Tax year
2026-2027
Property tax
$81,650
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.92 ft x 92 ft
Lot sq. ft.
9,285

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
4
Community district
11
Closest police station
0.37 Miles
Closest fire station
0.10 Miles

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

Ownership

Ownership information for 1985 3rd Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1985 3rd Avenue, New York, NY 10029

Sale date Sale price Buyer name Seller name
11/04/2019 $20,750,000 XXXXX XXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXX
06/18/2015 $16,000,000 XXXX X XXX XXX XXXX XXXXX XXXXXXXXXX XXX
08/07/2014 $2,250,000 XXXX XXXXX XXXXXXXXXX XXX XXXX XXXXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/16/2019 - R UCC3 Termination
(2019121300841001)		 XXXX XXXX XXX XXXXX XXXXXX XXX XXX
12/17/2019 - R
11/05/2019 - D		 Satisfaction of Mortgage
(2019121300628001)		 XXXX XXXX XXX XXXXX XXXXXX XXX XXX
11/12/2019 - R
11/04/2019 - D		 Deed
(2019110601098002)		 XXXX XXXX XXX XXXXX XXXXXXX XXXXXXXXXXX XXX
10/09/2019 - R UCC3 Termination
(2019100900763001)		 XXXX XXXX XXX XXX XXXXXXX XXX
11/12/2019 - R
09/17/2019 - D		 Court Order
(2019110601098001)		 XXXX XXXX XXX XXXX XXXX XXX
08/06/2018 - R Initial UCC1
(2018080400052001)		 XXXX XXXX XXX XXX XXXXXXX XXX
08/15/2018 - R
07/10/2018 - D		 Court Order
(2018080700572001)		 XXXXX XXXXXX XXX XXX XXX XX XXX
08/30/2018 - R
02/22/2018 - D		 Sundry Agreement
(2018082801220001)		 XXXX X XXX XXX XXXX XXX XXXXXX XXX
01/19/2018 - R UCC3 Assignment
(2018011900237001)		 XXXX XXXX XXX XXXXXX XXXX
01/23/2018 - R
01/05/2018 - D		 Assignment, Mortgage
(2018012300328001)		 XXXXXX XXXX XXXXX XXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1985 3rd 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
Property tax
$81,650
Municipal exemptions
Recent tax assessments
Market value
$2,051,000
Assessed value
$922,950

More about New York City property taxes

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 $2,893,000 $1,301,850 $1,281,330 12.439% $159,385 $159,385 +0.05%
2024/25 $2,832,000 $1,274,400 $1,274,400 12.5% $159,300 $159,300 +0.20%
2023/24 $2,826,000 $1,271,700 $1,271,700 12.502% $158,988 $158,988 -1.78%
2022/23 $2,936,000 $1,321,200 $1,319,580 12.267% $161,873 $161,873 +6.91%
2021/22 $2,750,000 $1,237,500 $1,237,500 12.235% $151,408 $151,408 -8.00%
2020/21 $3,046,000 $1,370,700 $1,341,540 12.267% $164,567 $164,567 +7.43%
2019/20 $2,965,000 $1,334,250 $1,228,176 12.473% $153,190 $153,190 +8.25%
2018/19 $2,965,000 $1,334,250 $1,122,102 12.612% $141,520 $141,520 +9.51%
2017/18 $2,965,000 $1,334,250 $1,016,028 12.719% $129,229 $129,229 +80.96%
2016/17 $2,444,000 $1,099,800 $675,367 10.574% $71,413 $71,413 +336.79%
Permits

Permit information for 1985 3rd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
09/19/2024 Alteration
09/16/2024 Full demolition
09/16/2024 Full demolition
09/16/2024 Alteration
08/21/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required
12/01/2023 Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
0.2

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Lexington Ave & 110th St at SE Corner
Station lines
6
Distance (miles)
0.11
View subway map

Access the detailed traffic volume map for 1985 3rd 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

Neighbors for 1985 3rd Avenue, New York, NY

234 E 106th St, New York 205-245 E 109th St, New York 2121 2nd Ave, New York 232 E 106th St, New York 2125 2nd Ave, New York 211-221 E 106th St, New York 220 E 106th St, New York 246 E 110th St, New York 1967-1981 3rd Ave, New York 1915 3rd Ave, New York 230 E 106th St, New York 236 E 106th St, New York 240 E 109th St, New York 242 E 106th St, New York 2131 2nd Ave, New York 2127 2nd Ave, New York 2129 2nd Ave, New York 2133 2nd Ave, New York 2135 2nd Ave, New York 2137 2nd Ave, New York

Nearby ZIP codes for 1985 3rd Avenue, New York, NY

10021, New York City, NY 10024, New York City, NY 10025, New York City, NY 10026, New York City, NY 10027, New York City, NY 10028, New York City, NY 10030, New York City, NY 10031, New York City, NY 10035, New York City, NY 10037, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10115, New York City, NY 10128, New York City, NY 10162, New York City, NY 10451, New York City, NY 10454, New York City, NY 11102, New York City, NY 11106, New York City, NY

Frequently asked questions

What is the market value of 1985 3rd Avenue, New York, NY 10029?

The current market value of 1985 3rd Avenue, New York, NY 10029 is $2,051,000.

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