New York City » 10035 » E 121st St » 240 E 121st St

240 East 121st Street, New York, NY 10035 - Property report

Also known as: 240 E 121st St

Property image for 240 East 121st Street, New York, NY 10035

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

2,775

General information

Address

Primary address

240 East 121st Street

ZIP code

10035

Neighborhood

East Harlem

Borough

Manhattan

Block & lot

01785-0032

Building

Property type

Unlicensed Parking Lot (G7)

Tax

Tax year

2026-2027

Property tax

$27,883

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 121 Street (narrow)

Nearest wide street

2 Avenue

Distance to wide street

Lot dimensions

27.5 ft x 100.92 ft

Lot sq. ft.

2,775

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

Closest police station

0.23 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 240 East 121st Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 240 East 121st Street, New York, NY 10035

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/07/2021 - R	Initial UCC1 (2021103000039001)	XXXX XXXXXX XXXX	XXXXXXXXXX XXXX X X
11/30/2021 - R 09/03/2021 - D	Subordination of Mortgage (2021110301569002)	XXXXXXXXXX XXXX X X	XXXXXX XXX XXXXX XXX
11/30/2021 - R 09/03/2021 - D	Subordination of Mortgage (2021110301569001)	XXXXXXXXXX XXXX X X	XXX XXXX XXXX XXXXXXX XXX
10/27/2021 - R 09/03/2021 - D	Assignment of Leases and Rents (2021101500553002)	XXXX XXXXXX XXXX	XXXXXXXXXX XXXX XX
10/27/2021 - R 09/03/2021 - D	Agreement (2021101500553001)	XXXX XXXXXX XXXX	XXXXXXXXXX XXXX XX
09/30/2021 - R 09/03/2021 - D	Termination of Assign of L&R (2021092500040002)	XXXXXXX XXXX	XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX
09/01/2004 - R 08/05/2004 - D	Assignment of Leases and Rents (2004080901604003)	XXXXXXX XXXX	XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX
09/01/2004 - R 08/05/2004 - D	Agreement (2004080901604002)	XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX	XXXXXXX XXXX
09/01/2004 - R 08/05/2004 - D	Mortgage (2004080901604001)	XXXXXX XXXX XXXXX XXXXXX XXXXXX XXXX	XXXXXXX XXXX
11/25/2002 - R	Assignment, Mortgage (1810008898581)	XXXXXX XXXXX XXXXX XXX	XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 240 East 121st 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

$27,883

Municipal exemptions

Recent tax assessments

Market value

$623,000

Assessed value

$280,350

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	$656,000	$295,200	$251,250	10.848%	$27,256	$27,256	+10.71%
2024/25	$668,000	$300,600	$228,750	10.762%	$24,618	$24,618	+17.49%
2023/24	$514,000	$231,300	$197,830	10.592%	$20,954	$20,954	+7.81%
2022/23	$537,000	$241,650	$182,560	10.646%	$19,435	$19,435	+18.99%
2021/22	$467,000	$210,150	$151,870	10.755%	$16,334	$16,334	+21.57%
2020/21	$406,000	$182,700	$125,640	10.694%	$13,436	$13,436	+18.21%
2019/20	$353,000	$158,850	$107,870	10.537%	$11,366	$11,366	+19.69%
2018/19	$294,000	$132,300	$90,320	10.514%	$9,496	$9,496	+19.28%
2017/18	$196,000	$88,200	$75,718	10.514%	$7,961	$7,961	+8.68%
2016/17	$189,000	$85,050	$69,278	10.574%	$7,325	$7,325	+10.42%

Permits

Permit information for 240 East 121st Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/02/1990	New building

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

East Harlem North residential market stats

Access a detailed real estate market overview of East Harlem North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in East Harlem North and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lexington Ave & 125th St at SE Corner

Station lines

4-5-6

Distance (miles)

0.274

View subway map

Access the detailed traffic volume map for 240 East 121st 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 96 Joseph Lanzetta	3	Yes	Public	PK, K-8	325	0.06
P.S. 96 Joseph Lanzetta	3	Yes	Public	PK, K-8	325	0.06
Harlem Day Charter School	4	No	Charter	3-12	759	0.10
Harlem Village Academy East Charter School	9	No	Charter	PK, K-12	478	0.16
Harlem Village Academy East Charter School	9	No	Charter	PK, K-12	478	0.16
P.S. 7 Samuel Stern	4	No	Public	PK, K-8	314	0.16
P.S. 7 Samuel Stern	4	No	Public	PK, K-8	314	0.16
River East Elementary School	4	No	Public	PK, K-5	224	0.18
River East Elementary School	4	No	Public	PK, K-5	224	0.18
P.S. 155 William Paca	2	No	Public	PK, K-5	182	0.19

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 96 Joseph Lanzetta	3	No	Public	PK, K-8	325	0.06
Harlem Day Charter School	4	No	Charter	3-12	759	0.10
Harlem Village Academy East Charter School	9	No	Charter	PK, K-12	478	0.16
Global Technology Preparatory	NR	No	Public	6-8	126	0.16
P.S. 7 Samuel Stern	4	No	Public	PK, K-8	314	0.16
Renaissance School Of The Arts	4	No	Public	6-8	151	0.19
St Paul School	NR	No	Private	PK-8	216	0.28
Mount Carmel-Holy Rosary School	NR	No	Private	PK-8	183	0.31
James Weldon Johnson School	3	No	Public	PK, K-8	526	0.33
King's Academy	NR	No	Private	PK, K-8	0	0.35

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Harlem Day Charter School	4	No	Charter	3-12	759	0.10
Coalition School For Social Change	NR	No	Public	9-12	123	0.14
Harlem Village Academy East Charter School	9	No	Charter	PK, K-12	478	0.16
P.S. 79 Horan School	NR	No	Public	6-12	224	0.35
P.S. 138	NR	No	Public	PK, K-12	685	0.38
Manhattan Center for Science & Mathematics	9	No	Public	9-12	1,641	0.45
Urban Assembly-Global Commerce	NR	No	Public	9-12	153	0.49
Harlem Children's Zone Promise Academy II Charter	6	No	Charter	K-12	1,019	0.49
Harlem Renaissence High School	1	No	Public	9-12	176	0.55
Capital Prep (Cp) Harlem Charter	6	No	Charter	6-12	367	0.57

Neighbors for 240 East 121st Street, New York, NY

167 E 128th St, New York 230 E 122nd St, New York 2365 2nd Ave, New York 2405 2nd Ave, New York 1845 Park Ave, New York 217 E 123rd St, New York 237 E 123rd St, New York 2411 2nd Ave, New York 247 Rear E 119th St, New York 120 E 131st St, New York 2145-2151 Lexington Ave, New York 2409 2nd Ave, New York 1871 Park Ave, New York 225 E 119th St, New York 242 E 121st St, New York 247 E 123rd St, New York 2413 2nd Ave, New York 2283 3rd Ave, New York 175 E 128th St, New York

Frequently asked questions

What is the assessed value of 240 East 121st Street, New York, NY 10035?

240 East 121st Street, New York, NY 10035 is currently assessed at $280,350.

What are the property taxes for 240 East 121st Street, New York, NY 10035?

The property taxes for 240 East 121st Street, New York, NY 10035 total $27,882.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.