New York City  »  10037  »  Park Ave  »  1940 Park Ave

1940 Park Avenue, New York, NY 10037 - Property report

Also known as: 1940 Park Ave

Property image for 1940 Park Avenue, New York, NY 10037
static Mapbox map

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

9,992

General information

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Address
Primary address
1940 Park Avenue
ZIP code
10037
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01756-0033

Owner

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Building
Property type
Unlicensed Parking Lot (G7)
Tax
Tax year
2026-2027
Property tax
$146,183
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Park Avenue (wide)
East 131 Street (wide)
Distance to wide street
Lot dimensions
99.11 ft x 100 ft
Lot sq. ft.
9,992

Area overview

Walk score
84 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
5
Community district
11
Closest police station
0.57 Miles
Closest fire station
0.38 Miles

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

Ownership

Ownership information for 1940 Park 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 1940 Park Avenue, New York, NY 10037

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/25/2006 - R
01/18/2006 - D		 UCC3 Continuation
(2006011100362001)		 XXXX XXXX XXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
04/02/2001 - R Release
(1360007604236)		 XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXXX XXXX XXX
01/29/2001 - R UCC3 Termination
(1090007505009)		 XXXX XXXX XXX
01/25/2001 - R Assignment, Mortgage
(1500007508750)		 XXXX XXXX XXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
01/25/2001 - R Agreement
(1490007508749)		 XXXX XXXX XXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
01/25/2001 - R Assignment, Mortgage
(1450007508745)		 XXXX XXXXXXX XXXX XXXXX XXXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
01/25/2001 - R Sundry Agreement
(1410007508741)		 XXXX XXXXXXX XXXX XXXXX XXXX
03/19/2007 - R
01/11/2001 - D		 Termination of Assign of L&R
(2007031201578001)		 XXXX XXXX XXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
12/21/1995 - R Initial UCC1
(1210004971621)		 XXXX XXXX XXX XXXX XXXXXXX XXXX XXXXX XXXX XXX
12/19/1995 - R Agreement
(1450004963045)		 XXXX XXXX XXX XXXX XXXXXXX XXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1940 Park 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
$146,183
Municipal exemptions
Recent tax assessments
Market value
$4,082,000
Assessed value
$1,836,900

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 $4,297,000 $1,933,650 $1,133,180 10.848% $122,927 $122,927 +33.37%
2024/25 $3,305,000 $1,487,250 $856,450 10.762% $92,171 $92,171 +12.65%
2023/24 $2,542,000 $1,143,900 $772,468 10.592% $81,820 $81,820 +20.07%
2022/23 $1,955,000 $879,750 $640,078 10.646% $68,143 $68,143 +8.84%
2021/22 $1,700,000 $765,000 $582,148 10.755% $62,610 $62,610 +11.70%
2020/21 $1,478,000 $665,100 $524,148 10.694% $56,052 $56,052 +9.22%
2019/20 $1,285,000 $578,250 $487,040 10.537% $51,319 $51,319 +9.94%
2018/19 $1,071,000 $481,950 $443,990 10.514% $46,681 $46,681 -0.39%
2017/18 $1,339,000 $602,550 $445,710 10.514% $46,862 $46,862 +12.59%
2016/17 $1,289,000 $580,050 $393,610 10.574% $41,620 $41,620 +12.14%
Permits

Permit information for 1940 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
02/24/1997 Alteration type 1
02/07/1996 Alteration type 1

*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

Central Harlem North residential market stats

Access a detailed real estate market overview of Central Harlem North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Central Harlem North 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

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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
3

Subway & traffic

Closest station
Lexington Ave & 125th St at NW Corner
Station lines
4-5-6
Distance (miles)
0.32
View subway map

Access the detailed traffic volume map for 1940 Park Avenue, New York, NY 10037 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. 133 Fred R Moore 4 Yes Public PK, K-5 185 0.15
P.S. 133 Fred R Moore 4 Yes Public PK, K-5 185 0.15
All Sts. School NR No Private PK, K-8 0 0.08
All Sts. School NR No Private PK, K-8 0 0.08
Storefront Academy Harlem Charter School 5 No Charter K-3 76 0.12
Storefront Academy Harlem (formerly The Children's Storefront) NR No Private PK-8 145 0.12
Storefront Academy Harlem (formerly The Children's Storefront) NR No Private PK-8 145 0.12
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.19
Success Academy Charter School-Harlem 2 10 No Charter K-4 337 0.24
P.S. 30 Hernandez Hughes 6 No Public PK, K-5 170 0.24
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
All Sts. School NR No Private PK, K-8 0 0.08
Capital Prep (Cp) Harlem Charter 6 No Charter 6-12 367 0.11
Storefront Academy Harlem (formerly The Children's Storefront) NR No Private PK-8 145 0.12
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.19
Fellowship Of Learning School NR No Private 7-8 2 0.23
P.S. 138 NR No Public PK, K-12 685 0.24
King's Academy NR No Private PK, K-8 0 0.29
Democracy Preparatory Charter School 4 No Charter 6-12 603 0.29
The Kings Academy NR No Private PK, K-9 31 0.29
Harlem Day Charter School 4 No Charter 3-12 759 0.54
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Capital Prep (Cp) Harlem Charter 6 No Charter 6-12 367 0.11
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.19
Urban Assembly-Global Commerce NR No Public 9-12 153 0.19
Harlem Renaissence High School 1 No Public 9-12 176 0.21
P.S. 138 NR No Public PK, K-12 685 0.24
Democracy Preparatory Charter School 4 No Charter 6-12 603 0.29
Great Tomorrows USA School NR No Private K-11 0 0.52
Harlem Day Charter School 4 No Charter 3-12 759 0.54
Great Tomorrows Usa NR No Private K-11 31 0.55
P.S. 79 Horan School NR No Public 6-12 224 0.55

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1940 Park Avenue, New York, NY

60 E 132nd St, New York 2095 Madison Ave, New York 2093 Madison Ave, New York 2088 Madison Ave, New York 1948 Park Ave, New York 9 E 131st St, New York 2081 Madison Ave, New York 2084 Madison Ave, New York 15 E 131st St, New York 2090 Madison Ave, New York 45 E 131st St, New York 17 E 131st St, New York 11 E 131st St, New York 42 E 132nd St, New York 2096 Madison Ave, New York 18 E 132nd St, New York 27 E 131st St, New York 16 E 132nd St, New York 53 E 131st St, New York

Nearby ZIP codes for 1940 Park Avenue, New York, NY

07020, Bergen County, NJ 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 10029, New York City, NY 10030, New York City, NY 10031, New York City, NY 10032, New York City, NY 10033, New York City, NY 10035, New York City, NY 10039, New York City, NY 10115, New York City, NY 10128, New York City, NY 10451, New York City, NY 10452, New York City, NY 10454, New York City, NY 10455, New York City, NY 10456, New York City, NY

Frequently asked questions

What is the assessed value of 1940 Park Avenue, New York, NY 10037?

1940 Park Avenue, New York, NY 10037 is currently assessed at $1,836,900.

What are the property taxes for 1940 Park Avenue, New York, NY 10037?

The property taxes for 1940 Park Avenue, New York, NY 10037 total $146,183.

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