1261 Park Avenue, Manhattan, New York, NY 10029


Address: 1261 Park Avenue, Manhattan, New York, NY 10029
Owner: PARK AVENUE 2 LLC

1261 Park Avenue, Manhattan, New York, NY 10029 (Parcel #1016250004) is a property assessed by City of New York, Department of Finance (DOF). The owner is PARK AVENUE 2 LLC. The assessed value is 663300.

Property Overview

Borough-Block-Lot-Easement (BBLE) 1016250004
Borough: 1 (Manhattan), Block: 1625, Lot: 4
Property Address 1261 Park Avenue
Manhattan
New York, NY 10029
Owner PARK AVENUE 2 LLC
Building Class C7 (WALK-UP APT. OVER SIX FAMILIES WITH STORES)
Property Tax Class 2 (APARTMENTS)
Lot Width 25
Number of Stories 5
Assessment Year 2017/18
Estimated Market Value 1474000
Actual Assessed Total Value 663300
(45% of estimated market value)
Transitional Assessed Total Value 536400
Building Width 25
Building Depth 88
Assessment Period When File Created FINAL

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 86000 86000 1338000 1474000
Actual Assessed Value 38700 38700 38700 602100 663300 663300
Actual Exempt Value 0 0 0 0 0 0
Transitional Assessed Value 38700 38700 38700 496170 536400 536400
Transitional Exempt Value 0 0 0 0 0 0
Estimated market value changed on 09/30/2016. Tentative assessed value changed on 09/30/2016. Final assessed value changed on 09/30/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 638000 0.00% 287100 38610
2010/11 1900000 197.81% 855000 38610
2011/12 1142000 -39.89% 513900 38700
2012/13 1027000 -10.07% 462150 38700
2013/14 1106000 7.69% 497700 38700
2014/15 986000 -10.85% 443700 38700
2015/16 1056000 7.10% 475200 38700
2016/17 1338000 26.70% 602100 38700
2017/18 1474000 10.16% 663300 38700

Property Location

Borough-Block-Lot-Easement (BBLE) 1016250004
Borough: 1 (Manhattan), Block: 1625, Lot: 4
Property Address 1261 Park Avenue
Manhattan
New York, NY 10029
Borough Manhattan
Zip Code 10029

Owner Overview

Owner PARK AVENUE 2 LLC

Properties with the same owner

Value Address Owner
143946 1257 Park Avenue, Manhattan, New York, NY 10029 PARK AVENUE 2 LLC
143946 1259 Park Avenue, Manhattan, New York, NY 10029 PARK AVENUE 2 LLC

Competitor

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Zip Code 10029

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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