New York City  »  10035  »  E 124th St  »  116 E 124th St

116 East 124th Street, New York, NY 10035 - Property report

Also known as: 116 E 124th St

Property image for 116 East 124th Street, New York, NY 10035
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1920

Lot sq. ft.

5,046

Sale price

$5,736,767

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
Primary address
116 East 124th Street
Alternate address(es)
116-118 E 124th St
ZIP code
10035
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01772-0064

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
30,300
Building dimensions
50 ft x 101 ft
Buildings on lot
1
Stories
5
Year built
1920
Last altered
2019
Building material
Sales
Sale date
10/27/2009
Sale price
$5,736,767 - M
Tax
Tax year
2026-2027
Property tax
$164,868
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
50 ft x 100.92 ft
Lot sq. ft.
5,046

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
5
Community district
11
Closest police station
0.23 Miles
Closest fire station
0.11 Miles

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

Ownership

Ownership information for 116 East 124th Street, 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 116 East 124th Street, New York, NY 10035

Sale date Sale price Buyer name Seller name
10/27/2009 $5,736,767 XXX XXXX XXX XXXXXXXXXX, XXX XXXXXXX, XXX
05/23/2005 $7,600,000 XXXXXXX, X.X.X. X.X. XXXXXX XXXXXX XX. , XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/04/2026 - R UCC3 Continuation
(2026020201045001)		 XXX XXXX XXX XXXXXXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/15/2021 - R UCC3 Assignment
(2021100800544003)		 XXX XXXX XXX XXXXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXX
10/15/2021 - R
08/16/2021 - D		 Asgn of Asgn of L&R
(2021100800544002)		 XXXX XXXX XXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
10/15/2021 - R
08/16/2021 - D		 Assignment, Mortgage
(2021100800544001)		 XXXX XXXX XXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/26/2021 - R Initial UCC1
(2021071901613007)		 XXX XXXX XXX XXXXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
07/26/2021 - R UCC3 Termination
(2021071901613002)		 XXX XXXX XXX XXXXXXXXXX XXX XXXXXXXXX XXXX
07/26/2021 - R
07/14/2021 - D		 Assignment of Leases and Rents
(2021071901613006)		 XXX XXXX XXX XXXXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
07/26/2021 - R
07/14/2021 - D		 Agreement
(2021071901613005)		 XXX XXXX XXX XXXXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
07/26/2021 - R
07/14/2021 - D		 Mortgage
(2021071901613004)		 XXX XXXX XXX XXXXXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
07/26/2021 - R
07/14/2021 - D		 Termination of Assign of L&R
(2021071901613001)		 XXXXXXXXX XXXX XXX XXXX XXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 116 East 124th Street, 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
$164,868
Municipal exemptions
Recent tax assessments
Market value
$5,874,000
Assessed value
$2,643,300

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 $5,665,000 $2,549,250 $2,379,960 10.848% $258,178 $145,010 +15.82%
2024/25 $5,533,000 $2,489,850 $2,308,320 10.762% $248,421 $125,206 -31.27%
2023/24 $5,362,000 $2,412,900 $2,232,000 10.592% $236,413 $182,177 +92.96%
2022/23 $5,015,000 $2,256,750 $2,138,580 10.646% $227,673 $94,412 +6.38%
2021/22 $4,869,000 $2,191,050 $2,064,230 10.755% $222,008 $88,746 -58.00%
2020/21 $4,869,000 $2,191,050 $1,976,020 10.694% $211,316 $211,316 +5.51%
2019/20 $4,685,000 $2,108,250 $1,900,690 10.537% $200,276 $200,276 +5.18%
2018/19 $4,324,000 $1,945,800 $1,811,050 10.514% $190,414 $190,414 +6.24%
2017/18 $4,386,000 $1,973,700 $1,704,630 10.514% $179,225 $179,225 +10.08%
2016/17 $4,205,000 $1,892,250 $1,539,740 10.574% $162,812 $162,812 +10.53%
Permits

Permit information for 116 East 124th Street, New York, NY

Filing date Job type Job status Job description Initial cost
06/12/2025 Alteration
11/13/2023 Alteration
10/16/2021 Alteration
07/08/2021 Alteration
07/08/2021 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
05/03/2023 Bench-failure to benchmark none
02/03/2023 Bench-failure to benchmark none
11/03/2022 Bench-failure to benchmark none

*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
5

Subway & traffic

Closest station
Lexington Ave & 125th St at SW Corner
Station lines
4-5-6
Distance (miles)
0.068
View subway map

Access the detailed traffic volume map for 116 East 124th Street, New York, NY 10035 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 116 East 124th Street, New York, NY

167 E 128th St, New York 158 E 119th St, New York 116 E 125th St, New York 1845 Park Ave, New York 100 E 122nd St, New York 170 E 121st St, New York 1693 Park Ave, New York 120 E 124th St, New York 2009 Lexington Ave, New York 1807 Park Ave, New York 1811 Park Ave, New York 2145-2151 Lexington Ave, New York 104 E 119th St, New York 1871 Park Ave, New York 159 E 122nd St, New York 150 E 121st St, New York 1689 Park Ave, New York 108 E 124th St, New York 175 E 128th St, New York

Nearby ZIP codes for 116 East 124th Street, New York, NY

10025, New York City, NY 10026, New York City, NY 10027, New York City, NY 10028, New York City, NY 10029, New York City, NY 10030, New York City, NY 10031, New York City, NY 10037, New York City, NY 10039, New York City, NY 10075, New York City, NY 10115, New York City, NY 10128, New York City, NY 10162, New York City, NY 10451, New York City, NY 10454, New York City, NY 10455, New York City, NY 11102, New York City, NY 11103, New York City, NY 11105, New York City, NY 11106, New York City, NY

Frequently asked questions

What is the year built for 116 East 124th Street, New York, NY 10035?

The development at 116 East 124th Street, New York, NY 10035 was built in 1920.

What is the market value of 116 East 124th Street, New York, NY 10035?

The current market value of 116 East 124th Street, New York, NY 10035 is $5,874,000.

What is the total square footage of 116 East 124th Street, New York, NY 10035?

116 East 124th Street, New York, NY 10035 has a total of 30,300 square feet.

What is the price per square foot for this property?

$189 per square foot is the price for 116 East 124th Street, New York, NY 10035.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

Disclaimer

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