New York City  »  10016  »  3rd Ave  »  585 3rd Ave

585 3rd Avenue, New York, NY 10016 - Property report

Also known as: 585 3rd Ave

Property image for 585 3rd Avenue, New York, NY 10016
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1920

Lot sq. ft.

1,252

Sale price

$1,600,000

General information

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Address
Primary address
585 3rd Avenue
ZIP code
10016
Neighborhood
Murray Hill
Borough
Manhattan
Block & lot
00919-0004

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
4,675
Building dimensions
17 ft x 54 ft
Buildings on lot
1
Stories
5
Year built
1920
Building material
Sales
Sale date
05/30/2003
Sale price
$1,600,000
Tax
Tax year
2026-2027
Property tax
$128,968
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
16.67 ft x 75 ft
Lot sq. ft.
1,252

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.63 Miles
Closest fire station
0.08 Miles

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

Ownership information for 585 3rd 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 585 3rd Avenue, New York, NY 10016

Sale date Sale price Buyer name Seller name
05/30/2003 $1,600,000 XXXXX XXX XXX XXXXXXXXXX XXX XXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/17/2025 - R
07/01/2025 - D
Easement
(2025070800441005)
XXXXX XX XXX XXXXXXXXXX XXX XXXX XXXX XX XXXXXX XXX
07/17/2025 - R
07/01/2025 - D
Development Rights
(2025070800441004)
XXXXX XX XXX XXXXXXXXXX XXX XXXX XXXX XX XXXXXX XXX
07/17/2025 - R
07/01/2025 - D
Declaration
(2025070800441003)
XXXX XXXX XX XXXXXX XXX
07/17/2025 - R
07/01/2025 - D
Sundry Miscellaneous
(2025070800441002)
XXXXXXX XXXX
07/17/2025 - R
07/01/2025 - D
Certificate
(2025070800441001)
XXXXX XXXXXXXX XX XXX XXXX XXX
11/08/2021 - R
10/29/2021 - D
Termination of Assign of L&R
(2021110200306003)
XXXXX XXXXXXX XXXXX XXXXXXX XXXXX XX XXX XXXXXXXXXX XXX
11/08/2021 - R
10/29/2021 - D
Assignment of Leases and Rents
(2021110200306002)
XXXXX XX XXX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
11/08/2021 - R
10/29/2021 - D
Agreement
(2021110200306001)
XXXXX XX XXX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
01/15/2021 - R UCC3 Continuation
(2021011500053001)
XXXXX XX XXX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
06/14/2016 - R Initial UCC1
(2016060200955005)
XXXXX XX XXX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 585 3rd 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
$128,968
Municipal exemptions
Recent tax assessments
Market value
$4,530,000
Assessed value
$2,038,500

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 $3,775,000 $1,698,750 $1,027,553 12.439% $127,817 $127,817 +0.13%
2024/25 $3,146,000 $1,415,700 $1,021,189 12.5% $127,649 $127,649 +7.98%
2023/24 $3,464,000 $1,558,800 $945,546 12.502% $118,212 $118,212 +10.07%
2022/23 $2,887,000 $1,299,150 $875,507 12.267% $107,398 $107,398 +2.83%
2021/22 $2,977,000 $1,339,650 $853,657 12.235% $104,445 $104,445 +7.72%
2020/21 $3,146,000 $1,415,700 $790,425 12.267% $96,961 $96,961 -1.04%
2019/20 $3,122,400 $1,405,080 $785,530 12.473% $97,979 $97,979 +6.81%
2018/19 $3,903,000 $1,756,350 $727,343 12.612% $91,732 $91,732 +7.09%
2017/18 $3,416,000 $1,537,200 $673,467 12.719% $85,658 $85,658 +1.18%
2016/17 $3,098,000 $1,394,100 $656,659 12.892% $84,656 $84,656 +8.08%

Permit information for 585 3rd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
03/28/2025 Alteration
02/25/2025 Alteration
07/11/2024 Alteration
01/31/2024 Alteration
01/15/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/01/2009 Ll6291-local law 62/91 - boilers
01/03/2008 Ll6291-local law 62/91 - boilers
01/19/2007 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
3rd Ave & 42nd St at SW Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.177

Access the detailed traffic volume map for 585 3rd Avenue, New York, NY 10016 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 585 3rd Avenue, New York, NY 10016?

The development at 585 3rd Avenue, New York, NY 10016 was built in 1920.

What is the market value of 585 3rd Avenue, New York, NY 10016?

The current market value of 585 3rd Avenue, New York, NY 10016 is $4,530,000.

What is the total square footage of 585 3rd Avenue, New York, NY 10016?

585 3rd Avenue, New York, NY 10016 has a total of 4,675 square feet.

What is the price per square foot for this property?

$342 per square foot is the price for 585 3rd Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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