259 East 118th Street, Manhattan
technical data · neighborhood and transit
Quick answers
- Who owns 259 East 118th Street?
- THE IVY CONDOMINIUM is the owner of record, per NYC Department of Finance (BBL 1017837501).
- What is the assessed value of 259 East 118th Street?
- $3,774,605, set by the NYC Department of Finance.
- Does 259 East 118th Street have open housing violations?
- Yes. NYC HPD lists 12 open violations.
- Is 259 East 118th Street in a flood zone?
- No. FEMA maps it in Zone X, outside the high-risk flood area. Flood insurance is optional.
- What is the 2026 conforming loan limit in New York County?
- $1,209,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 259 East 118th Street at risk for?
- FEMA's National Risk Index rates the area relatively low overall, with elevated heat wave risk.
Property records
Owner of record
The Ivy CondominiumTax assessment
$3,774,605 · class RM
Sourced directly from official city and county records. BBL 1017837501
NYC records
Modern elevator buildingTenant and buyer signals
Hurricane zone
Evacuation zone 4
Zone 1 evacuates first, zone 6 last. Check the flood insurance history.
Alcohol licenses
None within 200 ft
No active on-premises liquor license on file with the NY State Liquor Authority.
Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.
Tax lot 1017837501
- Built
- 2008
- Floors
- 10
- Homes
- 28
- Zoning
- R9A
- Floor area
- 28,389 sq ft
- Lot
- 5,200 sq ft
- Tax assessment
- $3.8M
Nearest subway
Click a station for walking directions.
Housing violations (HPD)
12 open
0 immediately hazardous · 3 hazardous · 9 non-hazardous
Heat and hot water, 2 years
No heat or hot water complaints filed.
Bedbug filing, 2025
0 of 28 units reported infested.
Residential evictions, 5 years
No marshal evictions executed.
311 calls within 260 ft, 12 months
395
- HEAT/HOT WATER · 90
- UNSANITARY CONDITION · 41
- PLUMBING · 33
Safety and environment
FEMA natural hazard risk
Relatively Low
Highest for this area: heat wave. These drive insurance cost here.
FEMA National Risk Index, census tract
FEMA flood zone
Zone X
Moderate flood hazard: a 0.2% annual chance. Flood insurance is optional and usually cheaper here.
FEMA National Flood Hazard Layer (FIRM)
Superfund site
2.8 mi
Quanta Resources (NPL Site). Check groundwater and vapor reports on the EPA site page.
EPA National Priorities List
Leaking fuel tanks
3 within 1,650 ft
Nearest: Gaseteria, 2326 1st Avenue (900 ft), no further action. Every release here is closed by the state regulator.
EPA UST Finder, leaking underground storage tank releases
Brownfield site
1,000 ft
Acacia Gardens Hdfc. Former industrial land in EPA's cleanup and reuse program.
EPA ACRES Brownfields
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
500 ft
PS 96 JOSEPH LANZETTA (500 ft), PS 155 WILLIAM PACA (500 ft), RENAISSANCE SCHOOL OF THE ARTS (500 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
3.7 mi
LaGuardia (LGA). Homes this close can sit inside the 65 dB DNL noise contour. Visit at peak hours and check the airport's noise map.
FAA large-hub airports
Sinkhole-prone ground
Limestone karst
The bedrock here (marble, Inwood Marble) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.
USGS Karst in the United States (OFR 2014-1156)
Conforming loan limit 2026
$1,209,750
New York County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
Property tax after you buy
$7,000 a year
About $583 a month at New York's 1.40% median effective rate.
In New York City, small homes are capped at 6% a year (20% over five years), and the cap stays with the property through a sale.
Rough estimate. U.S. Census ACS median effective rates. Your county assessor sets the final bill.
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Who lives and works in Manhattan
Finance, media and law, with the country's densest job market
Manhattan is built around work. Most households rent, most trips happen on foot or on the subway, and the day starts early in Midtown and downtown. Apartments are small by national standards and the premium goes to the commute, not the square footage.
- $99,880
- median household income
- 20.5%
- residents aged 25 to 34
- 24%
- households that own their home
What pays the bills
- Finance and insurance
- Media and publishing
- Law and consulting
- Healthcare
- Tech offices
Who anchors the economy
JPMorgan Chase · Goldman Sachs · NYU · Mount Sinai · Google NYC
The market is shaped around
- Young professionals
- Dual-income couples
- People who want to live without a car
More on East 118th Street
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
The year built, height regime, structure, and elevator for this address are being indexed right now, city by city. Save the page and check back: it fills in over time. If you live here, you can fill it in yourself in a minute by leaving a review.