New York City  »  10010  »  Waterside Plz  »  40 Waterside Plz

Waterside Plaza - 40 Waterside Plaza, New York, NY 10010 - Property report

Also known as: 40 Waterside Plz

Property image for Waterside Plaza - 40 Waterside Plaza, New York, NY 10010
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Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

1973

Lot sq. ft.

36,897

General information

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Address
Building name
Waterside Plaza
Primary address
Waterside Plaza - 40 Waterside Plaza
ZIP code
10010
Neighborhood
Kips Bay
Borough
Manhattan
Block & lot
00991-0061

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
385,786
Building dimensions
135 ft x 125 ft
Buildings on lot
1
Stories
34
Year built
1973
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
370
Residential sq. ft.
Commercial units
5
Office sq. ft.
Lot
Lot dimensions
546.06 ft x 179.8 ft
Lot sq. ft.
36,897

Area overview

Walk score
87 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
1.11 Miles
Closest fire station
0.34 Miles

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

Building Description

Built in 1973 on a small landing on the East River, Waterside Plaza was developed by politician and businessman Richard Ravitch. Comprising four brick residential towers and a row of duplex townhouses, Waterside Plaza boasts a total of containing 1,470 apartments ? of these, 370 are located at the 34-story 40 Waterside Plaza. Now managed by the Waterside Management Company, there have been major improvements made to the complex including a three-story health and wellness center, a 24-hour attended garage, an upgraded security system, and grounds landscaped to resemble a waterside park.

Honored with a Construction Achievement Project of the Year Award from the American Society of Civil Engineers, 40 Waterside Plaza is a community unto itself with concerts, live performances, and movie screenings onsite throughout the year. The Kips Bay property is five blocks from the 28th Street subway station which connects to the 6 train, while the M34A+ bus stops right outside.

Ownership

Ownership information for Waterside Plaza - 40 Waterside Plaza, 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 Waterside Plaza - 40 Waterside Plaza, New York, NY 10010

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/15/2021 - R Initial UCC1
(2021110501322005)		 XXXXXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
11/15/2021 - R UCC3 Termination
(2021110501322002)		 XXXXXXXXX XXXXX XXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
11/15/2021 - R
10/28/2021 - D		 Assignment of Leases and Rents
(2021110501322004)		 XXXXXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
11/15/2021 - R
10/28/2021 - D		 Agreement
(2021110501322003)		 XXXXXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
11/15/2021 - R
10/28/2021 - D		 Assignment of Lease
(2021110501322001)		 XXXXXXXXX XXXXX XXXXXX XXXXXX XXX XXXXXXXXX XXXXXX XXX
10/30/2019 - R
10/25/2019 - D		 Sundry Agreement
(2019103000544002)		 XXXXXXXXX XXXXX XXXXXX XXXXXX XXX XXX XXXX XX XXX XXXX
10/30/2019 - R
10/25/2019 - D		 Lease
(2019103000544001)		 XXX XXXX XX XXX XXXX XXXXXXXXX XXXXX XXXXXX XXXXXX XXX
09/13/2018 - R Initial UCC1
(2018091000805006)		 XXXXXXXXX XXXXX XXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
09/13/2018 - R UCC3 Termination
(2018091000805003)		 XXXXXXXXX XXXXX XXXXXX XXXXXX XXX XXXXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
09/18/2018 - R
09/07/2018 - D		 Agreement
(2018091700995001)		 XXXXXXXXX XXXXX XXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Waterside Plaza - 40 Waterside Plaza, 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
$75,742,000
Assessed value
$34,083,900

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 $66,706,000 $30,017,700 $0 12.439% $3,485,337 $0 n/a
2024/25 $64,416,000 $28,987,200 $0 12.5% $3,433,361 $0 n/a
2023/24 $61,536,000 $27,691,200 $0 12.502% $3,431,105 $0 n/a
2022/23 $60,347,000 $27,156,150 $0 12.267% $3,331,245 $0 n/a
2021/22 $58,322,000 $26,244,900 $0 12.235% $3,211,064 $0 n/a
2020/21 $67,895,000 $30,552,750 $0 12.267% $3,675,543 $0 n/a
2019/20 $68,275,000 $30,723,750 $0 12.473% $3,749,141 $0 n/a
2018/19 $68,126,000 $30,656,700 $0 12.612% $3,613,061 $0 n/a
2017/18 $67,244,000 $30,259,800 $0 12.719% $3,551,336 $0 n/a
2016/17 $88,196,000 $39,688,200 $0 12.892% $3,824,481 $0 n/a
Permits

Permit information for Waterside Plaza - 40 Waterside Plaza, 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
AE,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Park Ave & 28th St at SE Corner
Station lines
6
Distance (miles)
0.647
View subway map

Access the detailed traffic volume map for Waterside Plaza - 40 Waterside Plaza, New York, NY 10010 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 Waterside Plaza - 40 Waterside Plaza, New York, NY

223 W 46th St, New York 307 W 44th St, New York 343 W 44th St, New York 24-50 FDR Dr, New York 580 1st Ave, New York 1562 Broadway, New York 1691 Broadway, New York 2430 Franklin D Roosevelt Dr, New York 666 1st Ave, New York 626 1st Ave, New York 403-407 E 23rd St, New York 1568 Broadway, New York 1567 Broadway, New York 351 E 34th St, New York 292 Avenue C, New York 1335 6th Ave, New York 200 W 47th St, New York 1700 Broadway, New York 501 E 23rd St, New York 570 1st Ave, New York

Nearby ZIP codes for Waterside Plaza - 40 Waterside Plaza, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10011, New York City, NY 10012, New York City, NY 10016, New York City, NY 10017, 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 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Waterside Plaza - 40 Waterside Plaza, New York, NY 10010?

The development at Waterside Plaza - 40 Waterside Plaza, New York, NY 10010 was built in 1973.

What is the total square footage of Waterside Plaza - 40 Waterside Plaza, New York, NY 10010?

Waterside Plaza - 40 Waterside Plaza, New York, NY 10010 has a total of 385,786 square feet.

What is the assessed value of Waterside Plaza - 40 Waterside Plaza, New York, NY 10010?

Waterside Plaza - 40 Waterside Plaza, New York, NY 10010 is currently assessed at $34,083,900.

How many residential units does this building have?

This building has 370 residential unit(s).

Disclaimer

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