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East River Professional Building - 525 East 72nd Street, New York, NY 10021

East River Professional Building - 525 East 72nd Street, New York, NY 10021

  • General
  • Contacts
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Address

Building name East River Professional Building
Primary address East River Professional Building - 525 East 72nd Street
Neighborhood Lenox Hill
Zip code 10021
Borough Manhattan
Block & lot 01484-0016

Sales & Tax Overview for 525 East 72nd 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 11/23/2022
Purchase price $410,000,000
Tax class

Lot & Building Information for 525 East 72nd Street, New York

Lot sqft 8,262
Lot dimensions 75 ft x 110.17 ft
Building class All Parking Garages (G1) i
Building sqft 14,718
Building dimensions 75 ft x 110 ft
Buildings on lot 1
Stories 2
Structure type Miscellaneous parking garage
Construction type Fireproof unsp
Year built 1986
Frontage(s) E 72 St (wide)

Zoning & Use for 525 East 72nd Street, New York

Zoning
Commercial units 1

Area Overview

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

School district 2
Community district 8
Closest police station 0.59 Miles
Closest fire station 0.45 Miles

Other Property Data for 525 East 72nd 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 East River Professional Building - 525 East 72nd Street, New York, NY 10021, 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 East River Professional Building - 525 East 72nd Street, New York, NY 10021, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 525 East 72nd Street, New York

What is the year built & the total sq. ft. for East River Professional Building - 525 East 72nd Street, New York, NY 10021?

East River Professional Building - 525 East 72nd Street, New York, NY 10021 was built in 1986 and has a total of 14,718 square feet.

What is the assessed value of East River Professional Building - 525 East 72nd Street, New York, NY 10021 and the property tax paid?

Assessed at $1,596,150, the tax amount paid for East River Professional Building - 525 East 72nd Street, New York, NY 10021 is $169,064.

When was East River Professional Building - 525 East 72nd Street, New York, NY 10021 last sold and what was the last sale price?

East River Professional Building - 525 East 72nd Street, New York, NY 10021 was last sold in 11/23/2022 for $410,000,000.

Ownership Information

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Property owner for East River Professional Building - 525 East 72nd Street, New York, NY 10021
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Building contacts for East River Professional Building - 525 East 72nd Street, New York, NY 10021
Building management:
Representatives (from permits):
Tenants:
Registered voters:


Real Estate Reports:
Eliza Theiss, Dec 12, 2023 Pros & Cons of Mayor Adams’ Zoning Change Proposal to Boost Housing Supply in New York City
Meant to boost NYC’s housing stock, Mayor Adams has proposed a number of zoning changes to ease the development and redevelopment process.
Evelyn Jozsa, Dec 12, 2023 Top 50 Most Expensive NYC Neighborhoods in 2023: Sales Activity, Prices Down Compared to Last Year  
The median sale price slipped to $728,000 in 2023, a 3% fall compared to 2022, marking the first year-over-year decline in over a decade.

Past Sales & Property History for 525 East 72nd Street, New York

Create a free account to view the complete sales history for 525 East 72nd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/23/2022 $410,000,000

Title Documents for 525 East 72nd 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.

Doc rec date Doctype Document amount Party1 name Party2 name Link to doc with redirect
12/07/2022 - R Ucc3 Amendment
11/23/2022 - D Assumption Of Mortgage
11/23/2022 - D Deed
11/30/2020 - R Ucc3 Assignment
10/22/2020 - D Assignment, Mortgage
09/17/2020 - R Initial Ucc1
08/31/2020 - D Assignment, Mortgage
08/31/2020 - D Sundry Agreement
08/31/2020 - D Agreement
08/31/2020 - D Mortgage
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R: Recorded date
D: Document date

Property Taxes for 525 East 72nd Street, New York

Access detailed property tax data for East River Professional Building - East River Professional Building - 525 East 72nd Street, New York, NY 10021. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2023-2024
Property tax: $169,926
Tax assessor's market value: $3,547,000
Assessed value: $1,596,150

Assessment History for 525 East 72nd Street, New York

Here's the assessment & property tax history for 525 East 72nd 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
2022/23 $3,343,000 $1,504,350 $1,504,350 10.646% $160,153 $160,153 (+4.75%)
2021/22 $3,159,000 $1,421,550 $1,421,550 10.755% $152,888 $152,888 (-13.72%)
2020/21 $4,122,000 $1,854,900 $1,656,990 10.694% $177,199 $177,199 (+8.11%)
2019/20 $3,953,000 $1,778,850 $1,555,470 10.537% $163,900 $163,900 (+7.20%)
2018/19 $3,637,000 $1,636,650 $1,454,130 10.514% $152,887 $152,887 (+5.80%)

Permits for 525 East 72nd Street, New York

The complete history of permits filed for 525 East 72nd 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
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
unktype: Filing_date Alteration
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Lenox Hill Residential Market Stats

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

Median Sale Price
$1,150,000
8.8% YoY
Median Price/Sqft
$1,143
-5.8% YoY
Manhattan Median Sale Price
$1,046,640
-12% YoY

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station 2nd Ave & 72nd St at SE Corner
Station lines Q
Distance (miles) 0.358
View subway map
Bus Routes
Name York Av/E 72 St
Line M31
Distance (miles) 0.082

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 183 Robert L Stevenson 9 Yes Public PK-5 558 0.35
P.S. 183 Robert L Stevenson 9 Yes Public PK-5 558 0.35
Lycee Francais De New York NR No Private PK-12 1,362 0.17
Lycee Francais De New York NR No Private PK-12 1,362 0.17
The Town School NR No Private PK-8 402 0.18

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 167 Robert F Wagner 9 Yes Public 6-8 1,378 0.48
Lycee Francais De New York NR No Private PK-12 1,362 0.17
The Town School NR No Private PK-8 402 0.18
YORKVILLE EAST MIDDLE SCHOOL 9 No Public 6-8 230 0.27
P.S. Is 217 Roosevelt Island 8 No Public PK-8 615 0.28

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Lycee Francais De New York NR No Private PK-12 1,362 0.17
Eleanor Roosevelt High School 10 No Public 9-12 528 0.27
The Child School NR No Private K-12 340 0.29
Vanguard High School 3 No Public 9-12 422 0.40
Manhattan International High School 2 No Public 9-12 315 0.40

Neighbors for 525 East 72nd Street, New York

Here are the neighbors for East River Professional Building - East River Professional Building - 525 East 72nd Street, New York, NY 10021.

Address Square feet Purchase date Purchase price
4530 Broadway, New York 62,514 02/06/1998
451 12th Ave, New York 33,410
475 W 165th St, New York 02/08/1993
2926 Fredrick Douglass Blvd, New York 109,735 11/04/2020 $13,000,000
20 River Ter, New York 356,786
101 Barclay St, New York 1,133,549 09/26/2018 $352,000,000
450 Park Ave, New York 296,915 06/24/2022 $445,000,000
675 3rd Ave, New York 289,356 01/01/2009
183 Madison Ave, New York 233,484 02/25/2019
403 E 60th St, New York 40,686 08/08/2016
15620 Riverside Dr W, New York 646,044
457 W 162nd St, New York 06/08/2000
450 Lexington Ave, New York 10/02/2020
325 W 76th St, New York 7,515 01/21/2020 $8,350,000
28 W 128th St, New York 5,200 11/08/2019
25 W 88th St, New York 6,776 09/01/2011 $5,350,000
512 7th Ave, New York 553,748 05/09/2002
451-459 12th Ave, New York 49,500
2001 3rd Ave, New York 5,958 12/19/2002 $300,000
24 Cooper St, New York 17,410 04/30/1991
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