This offering is for a 4-story, mixed-use, walk-up building located in Lenox Hill, on 2nd Avenue between 64th and 65th Street. The zoning is C2-8 and the building size is 25ft x 87ft on a 25ft x 100ft lot.
This building has six one-bedroom apartments, five of which are free-market, one rent-stabilized, and one long-term commercial tenant with an excellent payment history (over three decades).
The Gross income is well above 760k, with an NOI of just over 525k. This building has great cash flow and is an amazing investment opportunity!
Active
Price cut: $250K (6/18)
$8,250,000
1226 2nd Ave, New York, NY 10065
6beds
5,700sqft
Mixed Use
Built in 1920
-- sqft lot
$7,441,200 Zestimate®
$1,447/sqft
$-- HOA
What's special
Six one-bedroom apartments
- 530 days |
- 93 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
JRS Realty Management LLC 212-858-9035,
Sachin Surujpaul
Source: StreetEasy,MLS#: S1754075
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 5,700
- Total interior livable area: 5,700 sqft
Property
Features
- Has view: Yes
- View description: City
Details
- Parcel number: 014390003
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Lenox Hill
Location
- Region: New York
Financial & listing details
- Price per square foot: $1,447/sqft
- Tax assessed value: $4,866,000
- Annual tax amount: $184,625
- Date on market: 2/13/2025
Estimated market value
$7,441,200
$6.99M - $7.81M
$7,418/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $8,250,000-2.9%$1,447/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 3/2/2026 | Price change | $8,500,000-5.6%$1,491/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 12/10/2025 | Price change | $9,000,000-5.3%$1,579/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 10/7/2025 | Price change | $9,500,000-2.6%$1,667/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 7/11/2025 | Price change | $9,750,000-2%$1,711/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 4/24/2025 | Price change | $9,950,000-5.2%$1,746/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 2/13/2025 | Listed for sale | $10,500,000+66.7%$1,842/sqft |
Source: StreetEasy #S1754075 Report a problem | ||
| 8/2/2024 | Sold | $6,300,000$1,105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $184,625 +0.2% | $2,189,700 +20% |
| 2024 | $184,237 +4.9% | $1,824,750 +7.6% |
| 2023 | $175,568 | $1,695,150 -20% |
| 2022 | -- | $2,119,050 -15% |
| 2021 | -- | $2,493,000 -5.4% |
| 2020 | -- | $2,634,300 +3.1% |
| 2019 | $141,392 +1.8% | $2,554,650 +132% |
| 2018 | $138,851 +7.1% | $1,100,941 +8% |
| 2017 | $129,656 +6.6% | $1,019,391 +8% |
| 2016 | $121,685 | $943,883 +8% |
| 2015 | $121,685 +131% | $873,966 +0.2% |
| 2014 | $52,667 | $871,989 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Upper East Side
Nearby schools
GreatSchools rating
- 9/10East Side Elementary School, PS 267Grades: K-5Distance: 0.1 mi
- 8/10Jhs 167 Robert F WagnerGrades: 6-8Distance: 0.6 mi
- 1/10Vanguard High SchoolGrades: 9-12Distance: 0.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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