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116 East 124th Street, New York, NY 10035 Property Information

116 East 124th Street, New York, NY 10035 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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116 East 124th Street, New York, NY 10035 2
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Address

Primary address 116 East 124th Street
Secondary address 116-118 E 124th St
Neighborhood East Harlem
Zip code 10035
Borough Manhattan
Block & lot 01772-0064

Sales & Tax Overview for 116 East 124th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/27/2009
Purchase price $5,736,767
Tax class
Estimated property tax $154,821

Lot & Building Information for 116 East 124th Street, New York

Lot sq. ft. 5,046
Lot dimensions 50 ft x 100.92 ft
Property type Office with Commercial - 1 to 6 Stories (O5)
Building sqft 30,300
Building dimensions 50 ft x 101 ft
Buildings on lot 1
Stories 5
Year built 1920
Year last altered 2019
Construction type
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Zoning & Use for 116 East 124th Street, New York

Zoning
Qualified opportunity zone
Commercial units 5
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 5
Community district 11
Closest police station 0.23 Miles
Closest fire station 0.11 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 116 East 124th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 116 East 124th Street, New York, NY 10035, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 116 East 124th Street, New York, NY 10035, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 116-118 E 124th St, New York, NY 10035

About 116 East 124th Street, New York

How many sq. ft. does 116 East 124th Street, New York, NY 10035 have & what is the price per sq. ft?

This Office with Commercial - 1 to 6 Stories (O5) located at 116 East 124th Street, New York, NY 10035 has a total of 30,300 square feet and a current price per square foot of $189.

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

116 East 124th Street, New York, NY 10035 was built in 1920 and has a current tax assessor's market value of $5,665,000.

How many commercial spaces does this building have?

This building has 5 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 116 East 124th Street, New York

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Property owner name for 116 East 124th Street, New York, NY 10035
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Building contacts for 116 East 124th Street, New York, NY 10035
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 116 East 124th Street, New York

116-122 East 124th Street
Listing type For Lease
Listing date 07/14/2018
Last updated 05/18/2026
Lot size 0.23 Acre
View Listing

Brokers

Paul Walker
Michelle Blake
Spaces
Suite name Space type Lease rate Available space Brokers
3rd Floor General Office $48/Sqft/Year 9,200 Paul Walker
Active Listings For This Property:
For Lease 116-122 East 124th Street
116-122 East 124th Street
116 East 124th Street, New York
Property General Office
Availability 1 Spaces listed / 9200 Sqft
Price $48/Sqft/Year
Real Estate Reports:
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Past Sales & Property History for 116 East 124th Street, New York

Create a free account to view the complete sales history for 116 East 124th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/27/2009 $5,736,767
05/23/2005 $7,600,000
       
       
       
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Title Documents for 116 East 124th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
02/04/2026 - R UCC3 Continuation
(2026020201045001)
10/15/2021 - R UCC3 Assignment
(2021100800544003)
08/16/2021 - D
10/15/2021 - R
Asgn of Asgn of L&R
(2021100800544002)
08/16/2021 - D
10/15/2021 - R
Assignment, Mortgage
(2021100800544001)
07/26/2021 - R Initial UCC1
(2021071901613007)
07/26/2021 - R UCC3 Termination
(2021071901613002)
07/14/2021 - D
07/26/2021 - R
Assignment of Leases and Rents
(2021071901613006)
07/14/2021 - D
07/26/2021 - R
Agreement
(2021071901613005)
07/14/2021 - D
07/26/2021 - R
Mortgage
(2021071901613004)
07/14/2021 - D
07/26/2021 - R
Termination of Assign of L&R
(2021071901613001)
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R: Recorded date
D: Document date

Property Taxes for 116 East 124th Street, New York

Access detailed property tax data for 116 East 124th Street, New York, NY 10035. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $145,010
Estimated property tax: $154,821
Tax assessor's market value: $5,665,000
Assessed value: $2,549,250

Assessment History for 116 East 124th Street, New York

Here's the assessment & property tax history for 116 East 124th Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%

Permits for 116 East 124th Street, New York

The complete history of permits filed for 116 East 124th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

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
08/29/2019 Alteration
05/29/2019 Alteration
05/20/2019 Alteration
05/08/2019 Alteration
04/16/2019 Alteration type 2
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 125th St at SW Corner
Station lines 4-5-6
Distance (miles) 0.068
View subway map
Bus Routes
Name Lexington Av/E 124 St
Line M101
Distance (miles) 0.052

Neighbors for 116 East 124th Street, New York

Here are the neighbors for 116 East 124th Street, New York, NY 10035.

Address Square feet Purchase date Purchase price
167 E 128th St, New York
158 E 119th St, New York 46,518 12/17/2009 $22,912,342
116 E 125th St, New York 127,000 10/14/1988
1845 Park Ave, New York 06/27/2013
100 E 122nd St, New York 25,404 07/14/2004 $187,000
170 E 121st St, New York 40,368
1693 Park Ave, New York
120 E 124th St, New York 30,300 10/27/2009 $5,736,767
2009 Lexington Ave, New York 2,595 05/22/2002
1807 Park Ave, New York 12/16/2022 $8,900,000
1811 Park Ave, New York 12/16/2022 $8,900,000
2145-2151 Lexington Ave, New York 216
104 E 119th St, New York
1871 Park Ave, New York 5,390 06/21/2016 $2,750,000
159 E 122nd St, New York 12/03/1974
150 E 121st St, New York 117,118 12/27/2006 $11,100,000
1689 Park Ave, New York 04/30/1973
108 E 124th St, New York 01/26/2010 $1,500,000
175 E 128th St, New York
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