New York City  »  10009  »  1st Ave  »  40 1st Ave

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

Also known as: 40 1st Ave

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

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1964

Lot sq. ft.

64,082

General information

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

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
147,730
Building dimensions
190 ft x 50 ft
Buildings on lot
1
Stories
16
Year built
1964
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
156
Residential sq. ft.
Lot
Frontage(s)
1 Avenue (wide)
Avenue A (wide)
East 3 Street (narrow)
East 2 Street (narrow)
Lot dimensions
191.92 ft x 613 ft
Lot sq. ft.
64,082

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
98 /100.  Biker's Paradise
School district
1
Community district
3
Closest police station
0.14 Miles
Closest fire station
0.19 Miles

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

Ownership

Ownership information for Village View CO-Op Building 7 - 40 1st 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 Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/22/2025 - R UCC3 Continuation
(2025092200327001)		 XXXXXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
02/26/2021 - R Initial UCC1
(2021022000061003)		 XXXXXXX XXXX XXXXXXX XXXXXXXXXX XXXXX XXXXX XXXXXXX XXXXXXXXXXX
02/26/2021 - R
06/30/2020 - D		 Assignment, Mortgage
(2021022000061002)		 XXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
02/26/2021 - R
06/30/2020 - D		 Mortgage
(2021022000061001)		 XXXXXXX XXXX XXXXXXX XXXXXXXXXXX XXXXX XXXXX XXXXXXX XXXXXXXXXXX
04/24/2007 - R
03/19/2007 - D		 Agreement
(2007041700826001)		 XXXXXX XXX XX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXX XXXXXXXXXXX
01/03/2007 - R
11/30/2006 - D		 UCC3 Termination
(2006121902389001)		 XXXXXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
01/22/2007 - R
11/30/2006 - D		 Assignment, Mortgage
(2006121902375004)		 XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXX
01/22/2007 - R
11/30/2006 - D		 Agreement
(2006121902375003)		 XXXXXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXX
01/22/2007 - R
11/30/2006 - D		 Mortgage
(2006121902375002)		 XXXXXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXX
01/22/2007 - R
11/21/2006 - D		 Assignment, Mortgage
(2006121902375001)		 XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Village View CO-Op Building 7 - 40 1st 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
$32,463,000
Assessed value
$14,608,350

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 $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
2020/21 $28,219,000 $12,698,550 $0 12.267% $1,489,149 $0 n/a
2019/20 $26,597,000 $11,968,650 $0 12.473% $1,465,380 $0 n/a
2018/19 $27,922,000 $12,564,900 $0 12.612% $1,440,644 $0 n/a
2017/18 $26,256,000 $11,815,200 $0 12.719% $1,284,433 $0 n/a
2016/17 $25,889,000 $11,650,050 $0 12.892% $1,099,423 $0 n/a
Permits

Permit information for Village View CO-Op Building 7 - 40 1st Avenue, New York, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
09/07/2025 B
09/07/2025 C
09/07/2025 B

*Most recent HPD violations on record for this property.

Neighborhood

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

$1,050,000

-10.6% Y-o-Y

Median price/sq. ft.

$1,344

-4.2% Y-o-Y

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

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

Access the detailed traffic volume map for Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 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)
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
Neighborhood School NR No Public PK, K-5 232 0.05
Neighborhood School NR No Public PK, K-5 232 0.05
Nord Anglia International School New York NR No Private PK-8 143 0.17
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
P.S. 20 Anna Silver 2 No Public PK, K-5 313 0.20
P.S. 20 Anna Silver 2 No Public PK, K-5 313 0.20
The Quad Preparatory School NR No Private PK, K-12 0 0.21
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
School For Global Leaders 6 No Public 6-8 151 0.24
George Jackson Academy NR No Private 4-8 138 0.26
Tompkins Square Middle School 7 No Public 6-8 323 0.27
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.37
East Side Community School 6 No Public 6-12 700 0.43
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
Lower East Side Preparatory High School 3 No Public 9-12 438 0.27
St George Academy NR No Private 9-12 82 0.32
La Salle Academy NR No Private 9-12 302 0.32
East Side Community School 6 No Public 6-12 700 0.43
Essex Street Academy 5 No Public 9-12 344 0.48

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

Neighbors for Village View CO-Op Building 7 - 40 1st Avenue, New York, NY

60 1st Ave, New York 141 E 3rd St, New York 112 E 3rd St, New York 85 Avenue A, New York 110 E 1st St, New York 9 Avenue A, New York 11 Avenue A, New York 81 Avenue A, New York 79 Avenue A, New York 15 Avenue A, New York 7 Avenue A, New York 172 E 4th St, New York 440 E 6th St, New York 108 E 1st St, New York 100 1st Ave, New York 78 E 1st St, New York 13 Avenue A, New York 121 E 3rd St, New York 114 E 1st St, New York

Nearby ZIP codes for Village View CO-Op Building 7 - 40 1st Avenue, New York, NY

10002, New York City, NY 10003, New York City, NY 10010, New York City, NY 10011, New York City, NY 10012, New York City, NY 10013, New York City, NY 10016, New York City, NY 10017, New York City, NY 10038, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10278, New York City, NY 11109, New York City, NY

Frequently asked questions

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

The development at Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 was built in 1964.

What is the total square footage of 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 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?

Village View CO-Op Building 7 - 40 1st Avenue, New York, NY 10009 is currently assessed at $14,608,350.

How many residential units does this building have?

This building has 156 residential unit(s).

Disclaimer

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