New York City  »  10002  »  Hester St  »  48 Hester St

48 Hester Street #5C, New York, NY 10002 - Property report

Also known as: 48 Hester St #5C

Property image for 48 Hester Street #5C, New York, NY 10002
static Mapbox map

Property type

Condo - Residential Unit in Elevator Building (R4)

Year built

1990

Lot sq. ft.

10,820

General information

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Address
Primary address
48 Hester Street #5C
ZIP code
10002
Neighborhood
Chinatown
Borough
Manhattan
Block & lot
00297-1125

Owner

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Building
Property type
Condo - Residential Unit in Elevator Building (R4)
Unit sq. ft.
706
Buildings on lot
1
Year built
1990
Basement
N
Tax
Tax year
2026-2027
Property tax
$10,448
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
35
Residential sq. ft.
Commercial units
6
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
10,820

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
97 /100.  Biker's Paradise
School district
2
Community district
3
Closest police station
0.32 Miles
Closest fire station
0.11 Miles

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

Ownership information for 48 Hester Street #5C, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 48 Hester Street #5C, New York, NY 10002

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/14/2018 - R
09/17/2018 - D
Deed
(2018110900517001)
XXXX XXXX XXXXX XXXX XXXXX XXXX
11/16/2012 - R
09/19/2011 - D
Mortgage
(2012100800864001)
XXXX XXXXX XXXXX XXXXXXXXXXX XXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX
01/30/2008 - R
11/29/2007 - D
Zoning Lot Description
(2008011501695001)
XXXX XXX XXXXX XXXXXXXXXXX
04/12/2005 - R
11/29/2004 - D
Mortgage
(2004120201606005)
XXXX XXXXX XXXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXX XXXXXXX XXX
04/12/2005 - R
11/29/2004 - D
Assignment of Lease
(2004120201606004)
XXXXXX XXXX XXXXXXXXXX XXX XXXX XXXXX XXXXX XXXXXXXXXXX XXX
04/12/2005 - R
11/29/2004 - D
Easement
(2004120201606003)
XXXXXX XXXX XXXXXXXXXX XXX XXXX XXXXX XXXXX XXXXXXXXXXX XXX
04/12/2005 - R
11/29/2004 - D
Assignment of Lease
(2004120201606002)
XXXX XXX XXXXX XXXXXXXXXXX XXX XXXXXX XXXX XXXXXXXXXX XXX
04/12/2005 - R
11/29/2004 - D
Easement
(2004120201606001)
XXXX XXX XXXXX XXXXXXXXXXX XXXXXX XXXX XXXXXXXXXX XXX
03/15/2007 - R
01/08/2004 - D
Satisfaction of Mortgage
(2007011101618001)
XXXX XXXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXX XXXXXXX XXX
06/19/1990 - R Mortgage
(1320000344432)
XXXX XXXX XXXXX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 48 Hester Street #5C, 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
$10,448
Municipal exemptions
Recent tax assessments
Market value
$258,316
Assessed value
$116,242

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 $248,187 $111,684 $99,180 12.439% $12,337 $12,337 +1.49%
2024/25 $233,451 $105,053 $97,246 12.5% $12,156 $12,156 +2.36%
2023/24 $221,706 $99,768 $94,988 12.502% $11,875 $11,875 +3.07%
2022/23 $213,133 $95,910 $93,924 12.267% $11,522 $11,522 +3.79%
2021/22 $206,726 $93,027 $90,729 12.235% $11,101 $11,101 +1.62%
2020/21 $231,835 $104,326 $89,053 12.267% $10,924 $10,924 +6.08%
2019/20 $214,811 $96,665 $82,563 12.473% $10,298 $10,298 +138.96%
2018/19 $216,367 $97,365 $34,170 12.612% $9,994 $4,310 -51.67%
2017/18 $187,811 $84,515 $70,108 12.719% $9,207 $8,917 +8.19%
2016/17 $165,082 $74,287 $63,933 12.892% $8,546 $8,242 +10.38%

Permit information for 48 Hester Street #5C, New York, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Chinatown residential market stats

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

Median sale price

$1,840,000

-30% Y-o-Y

Median price/sq. ft.

$1,501

-14.4% 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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Essex St & Canal St at NE Corner
Station lines
F
Distance (miles)
0.085

Access the detailed traffic volume map for 48 Hester Street #5C, New York, NY 10002 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)
P.S. 42 Benjamin Altman 10 No Public PK, K-5 482 0.05
P.S. 42 Benjamin Altman 10 No Public PK, K-5 482 0.05
Mesivta Tifereth Jerusalem NR No Private K-12 164 0.13
Mesivta Tifereth Jerusalem NR No Private K-12 154 0.13
P.S. 2 Meyer London 6 No Public PK, K-5 329 0.19
P.S. 2 Meyer London 6 No Public PK, K-5 329 0.19
Manhattan Charter School II 4 No Charter K-5 99 0.27
P.S. 124 Yung Wing 9 No Public PK, K-5 520 0.29
P.S. 124 Yung Wing 9 No Public PK, K-5 520 0.29
Beth Jacob Parochial School NR No Private PK-8 178 0.33
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Mesivta Tifereth Jerusalem NR No Private K-12 164 0.13
Mesivta Tifereth Jerusalem NR No Private K-12 154 0.13
Ms 131 4 No Public 6-8 236 0.16
University Neighborhood Middle School 2 No Public 6-8 160 0.27
Beth Jacob Parochial School NR No Private PK-8 178 0.33
P.S. 184 Shuang Wen 10 No Public PK, K-8 736 0.39
School For Global Leaders 6 No Public 6-8 151 0.42
St Joseph School NR No Private PK, K-8 205 0.42
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.44
Transfiguration Upper and Lower Campus NR No Private K-8 416 0.46
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Urban Assembly Academy Of Government And Law 6 No Public 9-12 286 0.12
Lower Manhattan Arts Academy 2 No Public 9-12 315 0.12
New Design High School 4 No Public 9-12 455 0.12
Essex Street Academy 5 No Public 9-12 344 0.12
High School For Dual Language And Asian Studies 10 No Public 9-12 373 0.12
Mesivta Tifereth Jerusalem NR No Private K-12 164 0.13
Mesivta Tifereth Jerusalem NR No Private K-12 154 0.13
Pace High School 4 No Public 9-12 529 0.16
Emma Lazarus High School 4 No Public 9-12 293 0.16
Orchard Collegiate Academy 5 No Public 9-12 271 0.27

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

Frequently asked questions

What is the year built for 48 Hester Street #5C, New York, NY 10002?

The development at 48 Hester Street #5C, New York, NY 10002 was built in 1990.

What is the total square footage of 48 Hester Street #5C, New York, NY 10002?

48 Hester Street #5C, New York, NY 10002 has a total of 706 square feet.

What is the assessed value of 48 Hester Street #5C, New York, NY 10002?

48 Hester Street #5C, New York, NY 10002 is currently assessed at $116,242.

What are the property taxes for 48 Hester Street #5C, New York, NY 10002?

The property taxes for 48 Hester Street #5C, New York, NY 10002 total $12,664.

How many residential units does this building have?

This building has 35 residential unit(s).

Disclaimer

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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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