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228 East 122nd Street, New York, NY 10035 Property Information

228 East 122nd Street, New York, NY 10035 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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228 East 122nd Street, New York, NY 10035 2
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Address

Primary address 228 East 122nd Street
Neighborhood East Harlem
Zip code 10035
Borough Manhattan
Block & lot 01786-0037

Sales & Tax Overview for 228 East 122nd Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $28,196

Lot & Building Information for 228 East 122nd Street, New York

Lot sq. ft. 2,523
Lot dimensions 25 ft x 100.92 ft
Property type Office with Commercial - 1 to 6 Stories (O5)
Building sqft 6,569
Building dimensions 25 ft x 71 ft
Buildings on lot 1
Stories 3
Year built 1900
Construction type
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Zoning & Use for 228 East 122nd Street, New York

Zoning
Qualified opportunity zone
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 4
Community district 11
Closest police station 0.24 Miles
Closest fire station 0.14 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 228 East 122nd Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 228 East 122nd Street, New York, NY 10035, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 228 East 122nd Street, New York, NY 10035, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 228 East 122nd Street, New York

How many square feet does 228 East 122nd Street, New York, NY 10035 have?

This Office with Commercial - 1 to 6 Stories (O5) located at 228 East 122nd Street, New York, NY 10035 has a total of 6,569 square feet.

What is the year built & the current market value of 228 East 122nd Street, New York, NY 10035?

228 East 122nd Street, New York, NY 10035 was built in 1900 and has a current tax assessor's market value of $581,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 228 East 122nd Street, New York

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Property owner name for 228 East 122nd Street, New York, NY 10035
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Building contacts for 228 East 122nd Street, New York, NY 10035
Building management:
Representatives (from permits):
Tenants:

Spaces for Sale in 228 East 122nd Street, New York

228-252 E 122nd St
Listing type For Sale
Listing date 01/15/2026
Last updated 01/26/2026
Lot size 0.49 Acre

Strategic Realty Partners presents 228-252 East 122nd Street, a premier 21,243-square-foot land assemblage featuring 210 feet of frontage and 106,426 buildable square feet, as of right under R7A zoning

This Opportunity Zone-designated site offers significant tax advantages for qualified investments, making it an ideal location for residential or mixed-use development. The property will be delivered vacant, allowing for the immediate construction of up to 156 residential units across two 11-story, contextually designed buildings. Positioned in East Harlem’s booming Second Avenue Subway Phase 2 corridor, the site offers a rare combination of scale, visibility, and flexibility for developers seeking a transformative urban project.

The assemblage sits in a highly connected and amenity-rich location. Just three blocks from the 125th Street-Lexington Avenue transit hub (4/5/6 lines, Metro-North, and future Q line), the property provides unparalleled transit access. Major thoroughfares and local bus lines, including M60-SBS, M101, M103, and M125. The site is surrounded by cultural, retail, and dining destinations, including El Museo del Barrio, Apollo Theater, Rao’s, Patsy’s Pizzeria, and the East River Plaza shopping center. Nearby developments such as 1800 Park Avenue, One East Harlem, The Smile, and The LABS on 121 underscore the corridor’s emergence as Manhattan’s next frontier for growth and investment.

East Harlem has become a magnet for new jobs, development, and renter demand. Over 83% of households are renter-occupied, with more than 600,000 residents within a 2-mile radius, creating a strong, reliable market for residential development. The area benefits from access to parks like Marcus Garvey Park, Thomas Jefferson Park, and Central Park, as well as educational institutions such as Hunter School of Social Work. With ongoing large-scale projects and institutional growth, this site offers a rare opportunity to capitalize on Manhattan’s expanding urban core. 228-252 East 122nd Street represents a transformative development opportunity where scale, connectivity, and market demand converge to create long-term value.

Block/Lot: 1786 / 31, 32, 33, 133, 34, 35, 36, 37

Lot Dimensions: 209.99' x 100.92'

Lot Sq. Ft.: 21,243

Existing Building: 11,319 SF

Cross Streets: 122nd St. between 2nd & 3rd Avenue

Zoning: R7A

FAR: 5.01

Buildable Sq. Ft.: 106,426

Maximum Unit Count: 156

Real Estate Taxes (25/26): $209,456

View Listing

Brokers

Anthony Gagliano
Active Listings For This Property:
For Sale 228-252 E 122nd St
228-252 E 122nd St
228 East 122nd Street, New York
Property Mixed Use (land)
Availability Spaces listed / Sqft
Price $0
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Past Sales & Property History for 228 East 122nd Street, New York

Create a free account to view the complete sales history for 228 East 122nd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 228 East 122nd Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
01/06/2025 - D
01/31/2025 - R
Deed
(2025012900086001)
07/27/2000 - R Tax Lien Sale Certificate
(1180007285918)
06/22/1989 - R Assignment, Mortgage
(1430000308543)
04/12/1989 - R Mortgage
(1770000298177)
12/07/1987 - R Assignment, Mortgage
(1860000223586)
11/23/1987 - R Assignment, Mortgage
(1290000221829)
11/23/1987 - R Assignment, Mortgage
(1280000221828)
11/12/1986 - R Assignment, Mortgage
(1020000161802)
03/01/1985 - R Assignment, Mortgage
(1880000088388)
02/14/1985 - R Assignment, Mortgage
(1730000086773)
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R: Recorded date
D: Document date

Property Taxes for 228 East 122nd Street, New York

Access detailed property tax data for 228 East 122nd Street, New York, NY 10035. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,790
Estimated property tax: $28,196
Tax assessor's market value: $581,000
Assessed value: $261,450

Assessment History for 228 East 122nd Street, New York

Here's the assessment & property tax history for 228 East 122nd Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $581,000 $261,450 $246,960 10.848% $26,790 $26,790 -0.40%
2024/25 $573,000 $257,850 $249,930 10.762% $26,897 $26,897 +0.63%
2023/24 $580,000 $261,000 $252,360 10.592% $26,730 $26,730 +2.00%
2022/23 $547,000 $246,150 $246,150 10.646% $26,205 $26,205 +16.95%
2021/22 $463,000 $208,350 $208,350 10.755% $22,408 $22,408 -20.43%

Permits for 228 East 122nd Street, New York

The complete history of permits filed for 228 East 122nd Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
03/15/2019 Alteration type 2
01/12/2010 Alteration type 2
09/27/2000 Alteration type 2
04/07/1998 Alteration type 3
         
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 125th St at SE Corner
Station lines 4-5-6
Distance (miles) 0.221
View subway map
Bus Routes
Name 2 Av/E 122 St
Line M15
Distance (miles) 0.06

Neighbors for 228 East 122nd Street, New York

Here are the neighbors for 228 East 122nd Street, New York, NY 10035.

Address Square feet Purchase date Purchase price
208 E 122nd St, New York 11,750 10/28/2010 $7,300,863
207 E 121st St, New York 2,514 07/10/2013 $780,000
238 E 122nd St, New York 01/06/2025
239 E 121st St, New York 40,385 06/08/1999
237 E 121st St, New York 8,000 06/25/1991
235 E 121st St, New York 8,000 06/29/2007 $2,000
216 E 122nd St, New York 26,400 06/14/2002
2367 2nd Ave, New York 2,890 01/29/2026 $5,700,000
212 E 122nd St, New York 26,400 07/31/2020
247 E 121st St, New York 4,774 07/31/1985
210 E 122nd St, New York 5,378 03/11/2022
2253 3rd Ave, New York 285,185 11/08/1972
226 E 122nd St, New York 5,000 06/28/2002
224 E 122nd St, New York 4,000 12/28/2016 $6,726,800
2371 2nd Ave, New York 15,417 12/16/2016 $8,550,000
2239 3rd Ave, New York 20,000 05/02/2005
240 E 122nd St, New York 01/06/2025
2369 2nd Ave, New York 7,386 06/16/1999
219 E 121st St, New York 62,791 04/30/1992
215 E 121st St, New York 26,094 06/14/2002
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