New York City  »  10002  »  Market St  »  48 Market St

48 Market Street #Prof2, New York, NY 10002 - Property report

Also known as: 48 Market St #Prof2

Property image for 48 Market Street #Prof2, New York, NY 10002
static Mapbox map

Property type

Retail Space (RK)

Year built

1990

Lot sq. ft.

6,525

Sale price

$980,000

General information

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Address
Primary address
48 Market Street #Prof2
ZIP code
10002
Neighborhood
Two Bridges
Borough
Manhattan
Block & lot
00274-1002

Owner

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Building
Property type
Retail Space (RK)
Unit sq. ft.
1,706
Buildings on lot
1
Stories
9
Year built
1990
Building material
Sales
Sale date
07/09/2026
Sale price
$980,000
Tax
Tax year
2026-2027
Property tax
$24,576
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
26
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 87 ft
Lot sq. ft.
6,525

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
2
Community district
3
Closest police station
0.32 Miles
Closest fire station
0.23 Miles

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

Ownership

Ownership information for 48 Market Street #Prof2, 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 48 Market Street #Prof2, New York, NY 10002

Sale date Sale price Buyer name Seller name
07/09/2026 $980,000 XXXXXXXX XXXXX XXXXXX XXXXXX XXXXXXXXXXX, XXX XXXX XXXXXXX XX XXXXXX XX X XXX.
12/10/2025 $750,000 XXXX XXXXXXX XX XXXXXX XX XXX XXX, XXX XXX XXX XXX, XXXXXX X XXX XXX, XXX XXX XXX XXX, XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/29/2026 - R
07/09/2026 - D		 Mortgage
(2026071600939003)		 XXXXXXXX XXXXX XXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XXXXXXX XX XXXXXX XX X XXX
07/29/2026 - R
07/09/2026 - D		 Power of Attorney
(2026071600939002)		 XXXXXXXX XXXXX XXXXXX XXXXXX XXXXXXXXXXX XXX XXXXXXXX XXXXX XXXXXXXXXXX
07/29/2026 - R
07/09/2026 - D		 Deed
(2026071600939001)		 XXXX XXXXXXX XX XXXXXX XX X XXX XXXXXXXX XXXXX XXXXXX XXXXXX XXXXXXXXXXX XXX
06/23/2026 - R
06/18/2026 - D		 Power of Attorney
(2026061800307001)		 XXXX XXXXXXX XX XXXXXX XX X XXX XXXX XXX XXXXX XXXXX XX XXX XXXXXX XXX XXXXXX XXX
06/23/2026 - R
06/18/2026 - D		 Deed
(2026061800283001)		 XXXX XXXXXXX XX XXXXXX XX XXX XXXX XXXXXXX XX XXXXXX XX X XXX
12/26/2025 - R
12/10/2025 - D		 Power of Attorney
(2025122400526002)		 XXXX XXXXXXX XX XXXXXX XX XXX XXXXX XX XXXXXXXX XX XXXXXXXX XXXXX XXXXXXXXXXX
12/26/2025 - R
12/10/2025 - D		 Deed
(2025122400526001)		 XXX XXX XXX XXXX XXXXXXX XX XXXXXX XX XXX
09/15/2020 - R
08/07/2020 - D		 Satisfaction of Mortgage
(2020080700266001)		 XXX XXX X XX XXX XXXX XXXXXXXX XXXXXXXXXXX
09/29/2020 - R
08/06/2020 - D		 Satisfaction of Mortgage
(2020080600750001)		 XXX XXX X XX XXX XXXX XXXXXXXX XXXXXXXXXXX
08/17/2000 - R Mortgage
(1590007309659)		 XXX XXX XXX XX XXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48 Market Street #Prof2, 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
$24,576
Municipal exemptions
Recent tax assessments
Market value
$588,310
Assessed value
$264,740

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 $574,939 $258,723 $224,391 10.848% $24,342 $24,342 -7.90%
2024/25 $561,568 $252,706 $245,598 10.762% $26,431 $26,431 -10.70%
2023/24 $643,097 $289,394 $279,443 10.592% $29,599 $29,599 +4.11%
2022/23 $599,398 $269,729 $267,062 10.646% $28,431 $28,431 +17.89%
2021/22 $498,302 $224,236 $224,236 10.755% $24,117 $24,117 -16.85%
2020/21 $722,343 $325,054 $271,231 10.694% $29,005 $29,005 +13.34%
2019/20 $641,792 $288,806 $242,881 10.537% $25,592 $25,592 +6.70%
2018/19 $626,791 $282,056 $228,138 10.514% $23,986 $23,986 +12.59%
2017/18 $604,616 $272,077 $202,632 10.514% $21,305 $21,305 +13.08%
2016/17 $539,393 $242,727 $178,183 10.574% $18,841 $18,841 +13.09%
Permits

Permit information for 48 Market Street #Prof2, 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.

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

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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
Rutgers St & Madison Ave at NW Corner
Station lines
F
Distance (miles)
0.213
View subway map

Access the detailed traffic volume map for 48 Market Street #Prof2, 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

Neighbors for 48 Market Street #Prof2, New York, NY

69 Madison St, New York 53 E Broadway, New York 128 Madison St, New York 72 Henry St, New York 61 Henry St, New York 76 Monroe St, New York 148 Madison St, New York 89 Madison St, New York 11 Market St, New York 53 Division St, New York 656 Water St, New York 55 Montgomery St, New York 166 Market St, New York 74 Pike Slip, New York 394 Water St, New York 144 Madison St, New York 220 South St, New York 30 James St, New York 6 Oliver St, New York 356 Cherry St, New York

Nearby ZIP codes for 48 Market Street #Prof2, New York, NY

10003, New York City, NY 10005, New York City, NY 10006, 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 10038, New York City, NY 10119, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11205, New York City, NY

Frequently asked questions

What is the year built for 48 Market Street #Prof2, New York, NY 10002?

The development at 48 Market Street #Prof2, New York, NY 10002 was built in 1990.

What is the market value of 48 Market Street #Prof2, New York, NY 10002?

The current market value of 48 Market Street #Prof2, New York, NY 10002 is $588,310.

What is the total square footage of 48 Market Street #Prof2, New York, NY 10002?

48 Market Street #Prof2, New York, NY 10002 has a total of 1,706 square feet.

What is the price per square foot for this property?

$574 per square foot is the price for 48 Market Street #Prof2, New York, NY 10002.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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