New York City  »  10037  »  Park Ave  »  1948 Park Ave

1948 Park Avenue, New York, NY 10037 - Property report

Also known as: 62 E 132nd St

Property image for 1948 Park Avenue, New York, NY 10037
static Mapbox map

Property type

Old Law Tenement (C4)

Year built

1900

Lot sq. ft.

2,498

General information

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Address
Primary address
1948 Park Avenue
Alternate address(es)
1948-1952 Park Ave
62 E 132nd St
ZIP code
10037
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01756-0037

Owner

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Building
Property type
Old Law Tenement (C4)
Building sq. ft.
11,500
Building dimensions
100 ft x 25 ft
Buildings on lot
1
Stories
5
Year built
1900
Last altered
2010
Building material
Masonry
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
10
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Park Avenue (wide)
East 132 Street (wide)
Distance to wide street
Lot dimensions
99.92 ft x 25 ft
Lot sq. ft.
2,498

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
0.56 Miles
Closest fire station
0.40 Miles

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

Ownership information for 1948 Park 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 1948 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
04/08/2024 - R
03/20/2024 - D
Agreement
(2024040800509001)
XXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/24/2010 - R
08/26/2010 - D
Agreement
(2010091000876009)
XXX XXXXXX XXXXXXX XX X XXX XXXX XX XXX XXXX
09/24/2010 - R
08/26/2010 - D
Mortgage
(2010091000876008)
XXX XXXXXX XXXXXXX XX X XXX XXXX XX XXX XXXX
09/24/2010 - R
08/26/2010 - D
Subordination of Mortgage
(2010091000876007)
XXX XXXX XX XXX XXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/24/2010 - R
08/26/2010 - D
Agreement
(2010091000876006)
XXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XX X XXX XXXX XX XXX XXXX
09/24/2010 - R
08/26/2010 - D
Mortgage
(2010091000876005)
XXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XX X XXX XXXX XX XXX XXXX
09/24/2010 - R
08/26/2010 - D
Sundry Miscellaneous
(2010091000876004)
XXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XX X XXX XXXX XX XXX XXXX
09/24/2010 - R
08/26/2010 - D
Assignment, Mortgage
(2010091000876003)
XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX
09/24/2010 - R
08/26/2010 - D
Sundry Miscellaneous
(2010091000876002)
XXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XX X XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/24/2010 - R
02/05/2010 - D
Sundry Miscellaneous
(2010091000876001)
XXX XXXX XX XXX XXXX XXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX XX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1948 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
Municipal exemptions
Recent tax assessments
Market value
$857,000
Assessed value
$385,650

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 $714,000 $321,300 $0 12.439% $39,967 $0 n/a
2024/25 $893,000 $401,850 $0 12.5% $50,231 $0 n/a
2023/24 $834,000 $375,300 $0 12.502% $46,920 $0 n/a
2022/23 $946,000 $425,700 $0 12.267% $52,221 $0 n/a
2021/22 $1,113,000 $500,850 $0 12.235% $61,279 $0 n/a
2020/21 $1,304,000 $586,800 $0 12.267% $71,983 $0 n/a
2019/20 $1,629,600 $733,320 $0 12.473% $91,467 $0 n/a
2018/19 $2,037,000 $916,650 $0 12.612% $114,986 $0 n/a
2017/18 $1,915,000 $861,750 $0 12.719% $107,372 $0 n/a
2016/17 $1,737,000 $781,650 $0 12.892% $100,770 $0 n/a

Permit information for 1948 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
10/31/2024 Alteration
12/11/2018 Alteration
05/21/2018 Alteration
10/12/2017 Alteration type 2
01/26/2009 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/20/2026 A
05/20/2026 B
04/14/2026 B

*Most recent HPD violations on record for this property.

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

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

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)
0.337

Access the detailed traffic volume map for 1948 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 0.16
P.S. 133 Fred R Moore 4 Yes Public PK, K-5 185 0.16
All Sts. School NR No Private PK, K-8 0 0.10
All Sts. School NR No Private PK, K-8 0 0.10
Storefront Academy Harlem (formerly The Children's Storefront) NR No Private PK-8 145 0.14
Storefront Academy Harlem (formerly The Children's Storefront) NR No Private PK-8 145 0.14
Storefront Academy Harlem Charter School 5 No Charter K-3 76 0.14
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.21
Success Academy Charter School-Harlem 2 10 No Charter K-4 337 0.25
P.S. 30 Hernandez Hughes 6 No Public PK, K-5 170 0.25
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 0.10
Capital Prep (Cp) Harlem Charter 6 No Charter 6-12 367 0.13
Storefront Academy Harlem (formerly The Children's Storefront) NR No Private PK-8 145 0.14
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.21
Fellowship Of Learning School NR No Private 7-8 2 0.24
P.S. 138 NR No Public PK, K-12 685 0.25
Democracy Preparatory Charter School 4 No Charter 6-12 603 0.28
King's Academy NR No Private PK, K-8 0 0.30
The Kings Academy NR No Private PK, K-9 31 0.30
Global Community Charter School 7 No Charter PK, K-8 511 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 0.13
Harlem Children's Zone Promise Academy II Charter 6 No Charter K-12 1,019 0.21
Urban Assembly-Global Commerce NR No Public 9-12 153 0.21
Harlem Renaissence High School 1 No Public 9-12 176 0.23
P.S. 138 NR No Public PK, K-12 685 0.25
Democracy Preparatory Charter School 4 No Charter 6-12 603 0.28
Great Tomorrows USA School NR No Private K-11 0 0.54
Harlem Day Charter School 4 No Charter 3-12 759 0.55
Health Opportunities High School 2 No Public 9-12 225 0.55
Community School for Social Justice NR No Public 9-12 222 0.55

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

Frequently asked questions

What is the year built for 1948 Park Avenue, New York, NY 10037?

The development at 1948 Park Avenue, New York, NY 10037 was built in 1900.

What is the total square footage of 1948 Park Avenue, New York, NY 10037?

1948 Park Avenue, New York, NY 10037 has a total of 11,500 square feet.

What is the assessed value of 1948 Park Avenue, New York, NY 10037?

1948 Park Avenue, New York, NY 10037 is currently assessed at $385,650.

How many residential units does this building have?

This building has 10 residential unit(s).

Disclaimer

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