Manhattan » 10003 » 1st Ave » 85 1st Ave

85 1st Avenue #1, New York, NY 10003 - Property report

Also known as: 85 1st Ave #1

Property image for 85 1st Avenue #1, New York, NY 10003

Property type

Retail Space (RK)

Year built

1900

Lot sq. ft.

3,370

Sale price

$3,530,000

General information

Address

Primary address

85 1st Avenue #1

ZIP code

10003

Neighborhood

East Village

Borough

Manhattan

Block & lot

00447-1001

Building

Property type

Retail Space (RK)

Building sq. ft.

4,092

Buildings on lot

Year built

1900

Building material

Sales

Sale date

02/19/2015

Sale price

$3,530,000

Tax

Tax year

2026-2027

Property tax

$88,035

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

48.6 ft x 69.6 ft

Lot sq. ft.

3,370

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

Community district

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

Units for 85 1st Avenue #1, New York, NY

Unit	Sale date	Sale price
Unit 8B	03/21/2012

Ownership

Ownership information for 85 1st Avenue #1, 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 85 1st Avenue #1, New York, NY 10003

Sale date	Sale price	Buyer name	Seller name
02/19/2015	$3,530,000	XX XXXXX XXX XXX	XXXXX XXXXXX XXXXXXXX XXX XXXXX XXXXXX XXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/12/2024 - R 10/07/2024 - D	Mortgage (2024112700768001)	XXXXXXXX XXXXXX XXX	XXXXXXXXXX XXXXX X X
08/23/2024 - R 08/15/2024 - D	Agreement (2024082200582001)	XXXXX XX XXXXXXXX XX XXX XXXX XXXXX XXXXXX XXXXX	XXXXXXXX XXXXXX XXX
08/22/2024 - R 08/15/2024 - D	Easement (2024082200294001)	XXXXX XX XXXXXXXX XX XXX XXXX XXXXX XXXXXX XXXXX	XXXXXXXX XXXXXX XXX
03/25/2022 - R	UCC3 Termination (2022030800556006)	XX XXXXX XXX XXX	XXXXXX XXXX X X
03/25/2022 - R	Initial UCC1 (2022030800556005)	XX XXXXX XXX XXX	XXXXXX XXXX X X
03/25/2022 - R 12/21/2021 - D	Termination of Assign of L&R (2022030800556004)	XX XXXXX XXX XXX	XXXXXX XXXX X X
03/25/2022 - R 12/21/2021 - D	Assignment of Leases and Rents (2022030800556003)	XX XXXXX XXX XXX	XXXXXX XXXX X X
03/25/2022 - R 12/21/2021 - D	Agreement (2022030800556002)	XX XXXXX XXX XXX	XXXXXX XXXX X X
03/25/2022 - R 12/21/2021 - D	Mortgage (2022030800556001)	XX XXXXX XXX XXX	XXXXXX XXXX X X
02/20/2020 - R	UCC3 Continuation (2020021400676001)	XX XXXXX XXX XXX	XXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 85 1st Avenue #1, 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

$88,035

Municipal exemptions

Recent tax assessments

Market value

$2,137,000

Assessed value

$961,650

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	$1,914,000	$861,300	$753,480	10.848%	$81,738	$81,738	-0.54%
2024/25	$1,697,000	$763,650	$763,650	10.762%	$82,184	$82,184	+1.91%
2023/24	$1,692,000	$761,400	$761,400	10.592%	$80,647	$80,647	+6.75%
2022/23	$1,577,000	$709,650	$709,650	10.646%	$75,549	$75,549	+4.63%
2021/22	$1,492,000	$671,400	$671,400	10.755%	$72,209	$72,209	-25.82%
2020/21	$2,127,000	$957,150	$910,310	10.694%	$97,349	$97,349	+4.88%
2019/20	$2,064,000	$928,800	$880,880	10.537%	$92,818	$92,818	+6.78%
2018/19	$2,011,000	$904,950	$826,790	10.514%	$86,929	$86,929	+2.32%
2017/18	$2,284,000	$1,027,800	$808,020	10.514%	$84,955	$84,955	+12.21%
2016/17	$1,957,000	$880,650	$716,030	10.574%	$75,713	$75,713	+8.73%

Permits

Permit information for 85 1st Avenue #1, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

1st Ave & Houston St at NW Corner

Station lines

Distance (miles)

0.224

View subway map

Access the detailed traffic volume map for 85 1st Avenue #1, New York, NY 10003 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

Neighbors for 85 1st Avenue #1, New York, NY

30 E 10th St, New York 288 West St, New York 665 Lenox Ave, New York 613 W 144th St, New York 408 Broadway, New York 241 W 23rd St, New York 162 E 109th St, New York 10 Gramercy Park S, New York 301 E 29th St, New York 380 Broome St, New York 2330 Broadway, New York 111 Wall St, New York 36 Sutton Pl S, New York 5 Sniffen CT, New York 427 W 126th St, New York 34 Avenue A, New York 21-41 Lenox Ave, New York 11 Gramercy Park S, New York 105 W 138th St, New York

Nearby ZIP codes for 85 1st Avenue #1, New York, NY

10001, New York City, NY 10002, New York City, NY 10007, New York City, NY 10009, New York City, NY 10010, New York City, NY 10011, New York City, NY 10012, New York City, NY 10013, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10278, New York City, NY

Frequently asked questions

What is the year built for 85 1st Avenue #1, New York, NY 10003?

The development at 85 1st Avenue #1, New York, NY 10003 was built in 1900.

What is the market value of 85 1st Avenue #1, New York, NY 10003?

The current market value of 85 1st Avenue #1, New York, NY 10003 is $2,137,000.

What is the total square footage of 85 1st Avenue #1, New York, NY 10003?

85 1st Avenue #1, New York, NY 10003 has a total of 4,092 square feet.

What is the price per square foot for this property?

$862 per square foot is the price for 85 1st Avenue #1, New York, NY 10003.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.