Manhattan » 10034 » Sherman Ave » 248 Sherman Ave

248 Sherman Avenue, New York, NY 10034 - Property report

Also known as: 248 Sherman Ave

Property image for 248 Sherman Avenue, New York, NY 10034

Property type

Over Six Families without Stores (C1)

Year built

1913

Lot sq. ft.

11,250

Sale price

$6,400,471

General information

Address

Primary address

248 Sherman Avenue

ZIP code

10034

Neighborhood

Inwood

Borough

Manhattan

Block & lot

02227-0023

Building

Property type

Over Six Families without Stores (C1)

Building sq. ft.

32,295

Building dimensions

75 ft x 119 ft

Buildings on lot

Stories

Year built

1913

Building material

Sales

Sale date

01/31/2013

Sale price

$6,400,471

Tax

Tax year

2026-2027

Property tax

$140,520

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

75 ft x 150 ft

Lot sq. ft.

11,250

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

99 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

1.29 Miles

Closest fire station

0.31 Miles

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

Ownership

Ownership information for 248 Sherman 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 248 Sherman Avenue, New York, NY 10034

Sale date	Sale price	Buyer name	Seller name
01/31/2013	$6,400,471	XXX XXXXXXXXXX XX, XXX	XXXX - XXX XXXXXXX XXXXXX XXXXX XXX
10/18/2007	$6,180,137	XXXX - XXX XXXXXXX XXXXXX XXXXX XXX	XXXX XXX XXX XXXXXX XXXXXX XXX
11/09/2004	$3,200,000	XXXXXX XXXXXX, XXX	XXX XXXXXXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/27/2022 - R	Initial UCC1 (2022072200454005)	XXX XXXXXXXXXX XX XXX	XXXX XXXXXXXXX XXXX
07/27/2022 - R 07/13/2022 - D	Assignment of Leases and Rents (2022072200454004)	XXX XXXXXXXXXX XX XXX	XXXX XXXXXXXXX XXXX
07/27/2022 - R 07/13/2022 - D	Agreement (2022072200454003)	XXX XXXXXXXXXX XX XXX	XXXX XXXXXXXXX XXXX
07/27/2022 - R 07/13/2022 - D	Mortgage (2022072200454002)	XXX XXXXXXXXXX XX XXX	XXXX XXXXXXXXX XXXX
07/27/2022 - R 07/13/2022 - D	Assignment, Mortgage (2022072200454001)	XXX XXXX XXXXXXXXX XXXX	XXXX XXXXXXXXX XXXX
03/21/2017 - R	Initial UCC1 (2017031500952001)	XXX XXXXXXXXXX XX XXX	XXX XXXX XXXXXXXXX XXXX
03/17/2017 - R 03/10/2017 - D	Agreement (2017031700741002)	XXX XXXXXXXXXX XX XXX	XXX XXXX XXXXXXXXX XXXX
03/17/2017 - R 03/10/2017 - D	Mortgage (2017031700741001)	XXX XXXXXXXXXX XX XXX	XXX XXXX XXXXXXXXX XXXX
02/15/2013 - R	Initial UCC1 (2013020501495013)	XXX XXXXXXXXXX XX XXX	XXX XXXX XXXXXXXXX XXXX
02/13/2013 - R	UCC3 Termination (2013020600209009)	XXXX XXX XXXXXXX XXXXXX XXXXX XXX	XXXXX XXXXX XXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 248 Sherman 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

$140,520

Municipal exemptions

Recent tax assessments

Market value

$2,611,000

Assessed value

$1,174,950

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	$2,394,000	$1,077,300	$1,077,300	12.439%	$134,005	$134,005	-2.56%
2024/25	$2,445,000	$1,100,250	$1,100,250	12.5%	$137,531	$137,531	-5.72%
2023/24	$2,906,000	$1,307,700	$1,166,850	12.502%	$145,880	$145,880	+3.98%
2022/23	$2,658,000	$1,196,100	$1,143,720	12.267%	$140,300	$140,300	+14.79%
2021/22	$2,220,000	$999,000	$999,000	12.235%	$122,228	$122,228	-12.37%
2020/21	$2,742,000	$1,233,900	$1,137,090	12.267%	$139,487	$139,487	+6.68%
2019/20	$2,711,000	$1,219,950	$1,048,260	12.473%	$130,749	$130,749	+5.86%
2018/19	$2,649,000	$1,192,050	$979,320	12.612%	$123,512	$123,512	+6.31%
2017/18	$2,732,000	$1,229,400	$913,410	12.719%	$116,177	$116,177	+10.93%
2016/17	$1,925,000	$866,250	$812,340	12.892%	$104,727	$104,727	+5.16%

Permits

Permit information for 248 Sherman Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
04/03/2017	Alteration type 2
11/29/2016	Alteration type 2
08/22/2016	Alteration type 2
06/01/2006	Alteration type 2
09/06/2002	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/01/2021	Egrade-failure to post energy grade/score
	03/26/2002	Ll6291-local law 62/91 - boilers
	08/29/1995	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

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

Broadway & 211th St at NE Corner

Station lines

Distance (miles)

0.113

View subway map

Access the detailed traffic volume map for 248 Sherman Avenue, New York, NY 10034 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 248 Sherman Avenue, New York, NY 10034?

The development at 248 Sherman Avenue, New York, NY 10034 was built in 1913.

What is the total square footage of 248 Sherman Avenue, New York, NY 10034?

248 Sherman Avenue, New York, NY 10034 has a total of 32,295 square feet.

When was 248 Sherman Avenue, New York, NY 10034 last sold and what was the sale price?

248 Sherman Avenue, New York, NY 10034 was last sold on 01/31/2013 for $6,400,471.

What is the assessed value of 248 Sherman Avenue, New York, NY 10034?

248 Sherman Avenue, New York, NY 10034 is currently assessed at $1,174,950.

What are the property taxes for 248 Sherman Avenue, New York, NY 10034?

The property taxes for 248 Sherman Avenue, New York, NY 10034 total $140,519.

How many residential units does this building have?

This building has 44 residential unit(s).

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.