New York City  »  10017  »  3rd Ave  »  708 3rd Ave

Commerce Building - 708 3rd Avenue, New York, NY 10017 - Property report

Also known as: 702-708 3rd Ave

Property image for Commerce Building - 708 3rd Avenue, New York, NY 10017
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1931

Lot sq. ft.

17,070

Sale price

$180,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Commerce Building
Primary address
Commerce Building - 708 3rd Avenue
Alternate address(es)
153-163 E 44th St
702-708 3rd Ave
ZIP code
10017
Neighborhood
Turtle Bay
Borough
Manhattan
Block & lot
01299-0033

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
359,326
Building dimensions
100.42 ft x 170 ft
Buildings on lot
1
Stories
35
Year built
1931
Building material
Sales
Sale date
01/27/2020
Sale price
$180,000
Tax
Tax year
2026-2027
Property tax
$5,172,592
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.42 ft x 170 ft
Lot sq. ft.
17,070

Area overview

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

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

Ownership

Ownership information for Commerce Building - 708 3rd Avenue, 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 Commerce Building - 708 3rd Avenue, New York, NY 10017

Sale date Sale price Buyer name Seller name
01/27/2020 $180,000 XXX XXXXX XXXXXX XXXXXXXXXX, XXX XXX X X X XXXX.
05/04/2007 $74,178,000 XXX XXXXX XXXXXX XXXXXXXXXX, XXX XXXXXXX XXXXXXXXXX XXXXXXXX, XX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/04/2026 - R
05/29/2026 - D		 Sundry Agreement
(2026071000067001)		 XXXXX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXXX XX XXXXXXXXXXXXXX
03/22/2024 - R UCC3 Continuation
(2024032100816001)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
05/31/2022 - R Initial UCC1
(2022051200699003)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
05/31/2022 - R
05/04/2022 - D		 Assignment of Leases and Rents
(2022051200699002)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
05/31/2022 - R
05/04/2022 - D		 Mortgage
(2022051200699001)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/30/2020 - R
01/27/2020 - D		 Both RPTT and RETT
(2020012700534001)		 XXX X X X XXXX XXX XXXXX XXXXXX XXXXXXXXXX XXX
09/04/2019 - R UCC3 Termination
(2019083000545001)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XX
08/06/2019 - R UCC3 Termination
(2019080500460007)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/06/2019 - R Initial UCC1
(2019080500460006)		 XXX XXXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
08/06/2019 - R
07/31/2019 - D		 Assignment of Leases and Rents
(2019080500460005)		 XXX XXXXX XXXXXX XXXXXXXXXX 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 Commerce Building - 708 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
$5,172,592
Municipal exemptions
Recent tax assessments
Market value
$110,801,000
Assessed value
$49,860,450

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 $106,947,000 $48,126,150 $47,042,100 10.848% $5,103,127 $5,103,127 +0.83%
2024/25 $105,320,000 $47,394,000 $47,029,860 10.762% $5,061,354 $5,061,354 +4.59%
2023/24 $103,226,000 $46,451,700 $45,687,690 10.592% $4,839,240 $4,839,240 +2.07%
2022/23 $103,511,000 $46,579,950 $44,533,350 10.646% $4,741,020 $4,741,020 +4.71%
2021/22 $103,686,000 $46,658,700 $42,097,360 10.755% $4,527,571 $4,527,571 +4.64%
2020/21 $106,811,000 $48,064,950 $40,458,730 10.694% $4,326,657 $4,326,657 +7.93%
2019/20 $90,407,000 $40,683,150 $38,045,737 10.537% $4,008,879 $4,008,879 +3.79%
2018/19 $90,400,000 $40,680,000 $36,736,107 10.514% $3,862,434 $3,862,434 +2.65%
2017/18 $85,169,000 $38,326,050 $35,788,519 10.514% $3,762,805 $3,762,805 +4.98%
2016/17 $85,479,000 $38,465,550 $33,896,182 10.574% $3,584,182 $3,584,182 +3.61%
Permits

Permit information for Commerce Building - 708 3rd Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/30/2026 Alteration
04/22/2026 Alteration
04/21/2026 Alteration
04/09/2026 Alteration
03/15/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/01/2023 Egrade-failure to post energy grade/score none
12/01/2022 Egrade-failure to post energy grade/score none
06/27/2022 Fisphaz-hazardous condition (facade) facade required

*Most recent DOB violations on record 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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 43rd St at SE Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.09
View subway map

Access the detailed traffic volume map for Commerce Building - 708 3rd Avenue, New York, NY 10017 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 Commerce Building - 708 3rd Avenue, New York, NY

465 Park Ave, New York 653 5th Ave, New York 800 3rd Ave, New York 155 E 55th St, New York 930 3rd Ave, New York 747 3rd Ave, New York 545 Madison Ave, New York 235 E 42nd St, New York 500 Park Ave, New York 575 Madison Ave, New York 550 Madison Ave, New York 150 E 44th St, New York 515 Madison Ave, New York 228 E 46th St, New York 70 E 55th St, New York 598 Madison Ave, New York 950 3rd Ave, New York 711 3rd Ave, New York 235 E 45th St, New York 527 Madison Ave, New York

Nearby ZIP codes for Commerce Building - 708 3rd Avenue, New York, NY

10016, New York City, NY 10020, New York City, NY 10022, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, 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 Commerce Building - 708 3rd Avenue, New York, NY 10017?

The development at Commerce Building - 708 3rd Avenue, New York, NY 10017 was built in 1931.

What is the market value of Commerce Building - 708 3rd Avenue, New York, NY 10017?

The current market value of Commerce Building - 708 3rd Avenue, New York, NY 10017 is $110,801,000.

What is the total square footage of Commerce Building - 708 3rd Avenue, New York, NY 10017?

Commerce Building - 708 3rd Avenue, New York, NY 10017 has a total of 359,326 square feet.

What is the price per square foot for this property?

$0 per square foot is the price for Commerce Building - 708 3rd Avenue, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 62.

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