New York City » 10029 » 1st Ave » 1937 1st Ave

1937 1st Avenue, New York, NY 10029 - Property report

Also known as: 1937 1st Ave

Property image for 1937 1st Avenue, New York, NY 10029

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

4,000

Sale price

$7,100,000

General information

Address

Primary address

1937 1st Avenue

ZIP code

10029

Neighborhood

East Harlem

Borough

Manhattan

Block & lot

01671-0025

Building

Property type

Unlicensed Parking Lot (G7)

Sales

Sale date

11/22/2017

Sale price

$7,100,000

Tax

Tax year

2026-2027

Property tax

$63,871

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

1 Avenue (wide)

Distance to wide street

Lot dimensions

40 ft x 100 ft

Lot sq. ft.

4,000

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

81 /100. Very Bikeable

School district

Community district

Closest police station

0.33 Miles

Closest fire station

0.28 Miles

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

Ownership

Ownership information for 1937 1st Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1937 1st Avenue, New York, NY 10029

Sale date	Sale price	Buyer name	Seller name
11/22/2017	$7,100,000	XXXX XXXXX XXX XXX XXX XXXX XXXXX XXXXXXXXXXX XXX XXX XXXX XXXXX XXXXXX XXX	XXXX XXXXX XXXXXX XXX
06/09/2014	$1,725,713	XXXX XXXXX XXXXXX XXX	XXXXX XXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/18/2026 - R 03/25/2026 - D	Asgn of Asgn of L&R (2026050501124002)	XXXXXXXXX XXXX XXX XXXXXXX XXXXXXX	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX XX XXXXXXX
05/18/2026 - R 03/25/2026 - D	Assignment, Mortgage (2026050501124001)	XXXXXXXXX XXXX XXX XXXXXXX XXXXXXX	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX XX XXXXXXX
06/20/2025 - R 05/09/2025 - D	Asgn of Asgn of L&R (2025061800901002)	XXX XXX XXXX XXXXXXX XXX	XXXXXXXXX XXXX XXX XXXXXXX XXXXXXX
06/20/2025 - R 05/09/2025 - D	Assignment, Mortgage (2025061800901001)	XXX XXX XXXX XXXXXXX XXX	XXXXXXXXX XXXX XXX XXXXXXX XXXXXXX
08/22/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024082200571004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
08/22/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024082200571002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
08/22/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024082200571003)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
08/22/2024 - R 03/12/2023 - D	Assignment, Mortgage (2024082200571001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
02/06/2018 - R 01/29/2018 - D	Assignment of Leases and Rents (2018013101526002)	XXXX XXXXX XXX XXX	XXXXXXXXX XXXX
02/06/2018 - R 01/29/2018 - D	Mortgage (2018013101526001)	XXXX XXXXX XXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1937 1st 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

$63,871

Municipal exemptions

Recent tax assessments

Market value

$1,627,000

Assessed value

$732,150

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	$1,713,000	$770,850	$506,430	10.848%	$54,938	$54,938	+25.13%
2024/25	$1,318,000	$593,100	$407,970	10.762%	$43,906	$43,906	+22.72%
2023/24	$1,065,000	$479,250	$337,770	10.592%	$35,777	$35,777	+17.90%
2022/23	$819,000	$368,550	$285,030	10.646%	$30,344	$30,344	+17.55%
2021/22	$712,000	$320,400	$240,030	10.755%	$25,815	$25,815	+18.58%
2020/21	$619,000	$278,550	$203,580	10.694%	$21,771	$21,771	+18.58%
2019/20	$538,000	$242,100	$174,240	10.537%	$18,360	$18,360	+17.23%
2018/19	$479,000	$215,550	$148,950	10.514%	$15,661	$15,661	+19.07%
2017/18	$319,000	$143,550	$125,099	10.514%	$13,153	$13,153	+8.74%
2016/17	$307,000	$138,150	$114,388	10.574%	$12,095	$12,095	+8.35%

Permits

Permit information for 1937 1st Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
01/31/2026	New building
01/29/2026	New building
01/29/2026	Alteration
01/29/2026	New building
01/29/2026	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

East Harlem South residential market stats

Access a detailed real estate market overview of East Harlem South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in East Harlem South and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

2nd Ave & 96th St at SW Corner

Station lines

Distance (miles)

0.232

View subway map

Access the detailed traffic volume map for 1937 1st 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 38 Roberto Clemente	3	Yes	Public	PK, K-5	165	0.23
P.S. 38 Roberto Clemente	3	Yes	Public	PK, K-5	165	0.23
Success Academy Charter School-Harlem 3	7	No	Charter	K-8	693	0.06
Central Park East Ii	5	No	Public	PK, K-8	371	0.13
Central Park East Ii	5	No	Public	PK, K-8	371	0.13
NY Center for Autism Charter School	NR	No	Charter	5	37	0.13
P.S. 50 Vito Marcantonio	NR	No	Public	K-8	252	0.15
East Harlem School At Exodus House	NR	No	Private	4-8	137	0.20
Trevor Day School	NR	No	Private	PK-12	783	0.25
Trevor Day School	NR	No	Private	PK-12	783	0.25

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ms 224 Manhattan East School For Arts And Academy	6	No	Public	6-8	185	0.06
Success Academy Charter School-Harlem 3	7	No	Charter	K-8	693	0.06
Central Park East Ii	5	No	Public	PK, K-8	371	0.13
P.S. 50 Vito Marcantonio	NR	No	Public	K-8	252	0.15
East Harlem School At Exodus House	NR	No	Private	4-8	137	0.20
Trevor Day School	NR	No	Private	PK-12	783	0.25
Trevor Day School	NR	No	Private	PK-12	745	0.25
Dream Charter School	7	No	Charter	PK, K-12	929	0.26
E Harlem Scholars Acad Charter School	4	No	Charter	PK, K-12	846	0.31
Gillen Brewer School	NR	No	Private		90	0.39

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Rensaissance Charter High School For Innovation	2	No	Charter	9-12	415	0.06
JUDITH S KAYE SCHOOL (THE)	NR	No	Public	9-12	133	0.14
Judith S Kaye High School	NR	No	Public	9-12	91	0.14
High School for Climate Justice (The)	3	No	Public	9-12	301	0.21
Trevor Day School	NR	No	Private	PK-12	783	0.25
Trevor Day School	NR	No	Private	PK-12	745	0.25
Dream Charter School	7	No	Charter	PK, K-12	929	0.26
E Harlem Scholars Acad Charter School	4	No	Charter	PK, K-12	846	0.31
Park East High School	7	No	Public	9-12	383	0.33
Gillen Brewer School	NR	No	Private		90	0.39

Frequently asked questions

When was 1937 1st Avenue, New York, NY 10029 last sold and what was the sale price?

1937 1st Avenue, New York, NY 10029 was last sold on 11/22/2017 for $7,100,000.

What is the assessed value of 1937 1st Avenue, New York, NY 10029?

1937 1st Avenue, New York, NY 10029 is currently assessed at $732,150.

What are the property taxes for 1937 1st Avenue, New York, NY 10029?

The property taxes for 1937 1st Avenue, New York, NY 10029 total $63,870.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.