New York City  »  10029  »  1st Ave  »  1980 1st Ave

East River - 1980 1st Avenue, New York, NY 10029 - Property report

Also known as: 1980 1st Ave

Property image for East River - 1980 1st Avenue, New York, NY 10029
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Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

1940

Lot sq. ft.

467,225

General information

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Address
Building name
East River
Primary address
East River - 1980 1st Avenue
Alternate address(es)
1980-1990 1st Ave
2000-2004 1st Ave
2012-2018 1st Ave
ZIP code
10029
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01696-0001

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
810,774
Building dimensions
87 ft x 85 ft
Buildings on lot
11
Stories
11
Year built
1940
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1170
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
725.5 ft x 708 ft
Lot sq. ft.
467,225

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
4
Community district
11
Closest police station
0.35 Miles
Closest fire station
0.30 Miles

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

Building Description

The East River Houses, located within Manhattan's East Harlem neighborhood, is a ten-building residential housing complex overseen by the New York City Housing Authority. Sited at 420 East 105th Street, the 11-acre complex features apartment buildings that range in height from six to 11 stories. Built in 1940 and last altered in 1988, the complex has a total of 810,774 square feet of space, housing almost 2,500 residents in 1,170 units.

420 East 105th Street is part of School District 4 and is zoned for P.S. 50 Vito Marcantonio. Other public schools within a mile include M.S. 244 Manhattan East, Park East High School, and Tag Young Scholars. Private schools in the area include East Harlem School at Exodus House, Hunter College Campus Schools, and Cristo Rey High School. The nearest subway station is less than half a mile away at Lexington Avenue and 103rd Street. It offers access to the 6 train.

Ownership information for East River - 1980 1st 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 East River - 1980 1st 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
12/26/2017 - R Initial UCC1
(2017122201045001)
XXX XXXX XXXX XXXXXXX XXXXXXXXX XXXXX XXXXXXX XXXX X X
11/27/2013 - R Federal Lien, Other
(2013010700103001)
XXXXXX XXXXXXX X X XXXXXXXXX XXXXXX
04/25/2012 - R
03/20/2012 - D
Sundry Miscellaneous
(2012041800270001)
XXX XXXX XXXXXXX XXXXXXXXX XXXXXX XXXXXX XXXXXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for East River - 1980 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
Municipal exemptions
Recent tax assessments
Market value
$76,233,000
Assessed value
$34,304,850

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 $69,120,000 $31,104,000 $0 12.439% $3,617,170 $0 n/a
2024/25 $65,014,000 $29,256,300 $0 12.5% $3,617,910 $0 n/a
2023/24 $62,748,000 $28,236,600 $0 12.502% $3,530,140 $0 n/a
2022/23 $65,180,000 $29,331,000 $0 12.267% $3,565,608 $0 n/a
2021/22 $61,041,000 $27,468,450 $0 12.235% $3,360,765 $0 n/a
2020/21 $67,609,000 $30,424,050 $0 12.267% $3,563,235 $0 n/a
2019/20 $65,806,000 $29,612,700 $0 12.473% $3,449,703 $0 n/a
2018/19 $63,327,000 $28,497,150 $0 12.612% $3,423,458 $0 n/a
2017/18 $61,574,000 $27,708,300 $0 12.719% $3,362,826 $0 n/a
2016/17 $64,432,000 $28,994,400 $0 12.892% $3,266,745 $0 n/a

Permit information for East River - 1980 1st Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/28/2026 Alteration
06/25/2026 Alteration
06/12/2026 Alteration
05/12/2026 Alteration
04/14/2026 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 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 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
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Lexington Ave & 103rd St at SE Corner
Station lines
6
Distance (miles)
0.439

Access the detailed traffic volume map for East River - 1980 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

Frequently asked questions

What is the year built for East River - 1980 1st Avenue, New York, NY 10029?

The development at East River - 1980 1st Avenue, New York, NY 10029 was built in 1940.

What is the total square footage of East River - 1980 1st Avenue, New York, NY 10029?

East River - 1980 1st Avenue, New York, NY 10029 has a total of 810,774 square feet.

What is the assessed value of East River - 1980 1st Avenue, New York, NY 10029?

East River - 1980 1st Avenue, New York, NY 10029 is currently assessed at $34,304,850.

How many residential units does this building have?

This building has 1170 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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