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Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 Property Information

Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 2
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Address

Building name Village View CO-Op Building 7
Primary address Village View CO-Op Building 7 - 40 1st Avenue
Neighborhood East Village
Zip code 10009
Borough Manhattan
Block & lot 00430-0001

Sales & Tax Overview for 40 1st Avenue, New York

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Tax class

Lot & Building Information for 40 1st Avenue, New York

Lot sq. ft. 64,082
Lot dimensions 191.92 ft x 613 ft
Property type Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sqft 147,730
Building dimensions 190 ft x 50 ft
Buildings on lot 1
Stories 16
Year built 1964
Frontage East 3 Street (narrow)
Avenue A (wide)
East 2 Street (narrow)
1 Avenue (wide)
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Zoning & Use for 40 1st Avenue, New York

Zoning
Residential units (DOF) 156
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 1
Community district 3
Closest police station 0.14 Miles
Closest fire station 0.19 Miles

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

Other Property Data for 40 1st Avenue, 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 Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009, 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 Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 40 1st Avenue, New York

What is the year built & the total sq. ft. for Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009?

Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 was built in 1964 and has a total of 147,730 square feet.

What is the assessed value of Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009?

The assessed market value for the current tax year is $15,278,400.

How many residential units does this building have?

This building has 156 residential unit(s).

Ownership Information for 40 1st Avenue, New York

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Property owner name for Village View Co-Op Building 7 - 40 1st Avenue, New York, NY 10009
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Building contacts for Village View Co-Op Building 7 - 40 1st Avenue, New York, NY 10009
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
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Past Sales & Property History for 40 1st Avenue, New York

Create a free account to view the complete sales history for 40 1st Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 40 1st Avenue, 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
09/22/2025 - R UCC3 Continuation
(2025092200327001)
02/26/2021 - R Initial UCC1
(2021022000061003)
02/26/2021 - R
06/30/2020 - D
Assignment, Mortgage
(2021022000061002)
02/26/2021 - R
06/30/2020 - D
Mortgage
(2021022000061001)
04/24/2007 - R
03/19/2007 - D
Agreement
(2007041700826001)
01/03/2007 - R
11/30/2006 - D
UCC3 Termination
(2006121902389001)
01/22/2007 - R
11/30/2006 - D
Assignment, Mortgage
(2006121902375004)
01/22/2007 - R
11/30/2006 - D
Agreement
(2006121902375003)
01/22/2007 - R
11/30/2006 - D
Mortgage
(2006121902375002)
01/22/2007 - R
11/21/2006 - D
Assignment, Mortgage
(2006121902375001)
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R: Recorded date
D: Document date

Property Taxes for 40 1st Avenue, New York

Access detailed property tax data for Village View CO-Op Building 7 - Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $33,952,000
Assessed value: $15,278,400
Exemptions granted by city:

Assessment History for 40 1st Avenue, New York

Here's the assessment & property tax history for 40 1st Avenue, 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 $33,952,000 $15,278,400 $0 12.439% $1,659,651 $0 n/a
2024/25 $31,935,000 $14,370,750 $0 12.5% $1,603,294 $0 n/a
2023/24 $31,276,000 $14,074,200 $0 12.502% $1,543,488 $0 n/a
2022/23 $26,219,000 $11,798,550 $0 12.267% $1,447,328 $0 n/a
2021/22 $24,866,000 $11,189,700 $0 12.235% $1,369,060 $0 n/a

Permits for 40 1st Avenue, New York

The complete history of permits filed for 40 1st Avenue, 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
12/06/2022 Alteration
01/15/2021 Alteration type 3
02/12/2020 Alteration type 2
10/26/2018 Alteration type 3
08/30/2018 Alteration
08/29/2018 Alteration type 2
08/17/2018 Alteration
05/02/2018 Alteration
03/13/2018 Alteration
03/08/2018 Alteration
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East Village Residential Market Stats

Access a detailed real estate market overview of East Village so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in East Village and compare it to other neighborhoods in Manhattan.

Median Sale Price
$830,000
-14.9% YoY
Median Price/Sqft
$1,487
-14.8% YoY
Manhattan Median Sale Price
$1,200,000
9.3% 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: 6 (See more on map)

Transportation

Distance to Subway
Closest station 1st Ave & Houston St at NW Corner
Station lines F
Distance (miles) 0.111
View subway map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Neighborhood School NR No Public PK, K-5 232 0.05
Neighborhood School NR No Public PK, K-5 232 0.05
S.T.A.R. Academy - PS 63 5 No Public PK, K-5 178 0.05
S.T.A.R. Academy - PS 63 5 No Public PK, K-5 178 0.05
Nord Anglia International School New York NR No Private PK-8 143 0.17

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Manhattan School For Career Development NR No Public 6-12 213 0.14
Nord Anglia International School New York NR No Private PK-8 143 0.17
Cornelia Connelly Center NR No Private 4-8 90 0.18
Nativity Mission School NR No Private 8 16 0.19
The Quad Preparatory School NR No Private PK, K-12 0 0.21

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Manhattan School For Career Development NR No Public 6-12 213 0.14
Cascades High School 2 No Public 9-12 112 0.21
Forsythe Satellite Academy NR No Public 9-12 142 0.21
The Quad Preparatory School NR No Private PK, K-12 0 0.21
Marta Valle High School NR No Public 9-12 97 0.24

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 40 1st Avenue, New York

Here are the neighbors for Village View CO-Op Building 7 - Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009.

Address Square feet Purchase date Purchase price
60 1st Ave, New York 194,800
141 E 3rd St, New York 120,605 02/01/1990
112 E 3rd St, New York 101,908
85 Avenue A, New York 34,605
110 E 1st St, New York 15,540 10/27/2023 $7,000,000
9 Avenue A, New York 4,558 02/04/2026
11 Avenue A, New York 3,918 12/04/2013 $3,400,000
81 Avenue A, New York 7,544 11/13/2023 $5,300,000
79 Avenue A, New York 5,443 07/31/2013
15 Avenue A, New York 5,400 05/05/2023 $7,300,000
7 Avenue A, New York 3,765 01/02/2018 $10
172 E 4th St, New York 121,406 11/08/1984
93 Avenue A, New York 25,073
108 E 1st St, New York 5,040 12/03/2004
100 1st Ave, New York 6,049 08/17/2005
78 E 1st St, New York 7,800 01/27/2026 $8,700,000
13 Avenue A, New York 3,918 09/12/1979
121 E 3rd St, New York 79,726
114 E 1st St, New York 17,610 09/01/2011 $9,000,000
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