351 1/2 East 54th Street, Manhattan
technical data · neighborhood and transit
351 1/2 East 54th Street, Manhattan: owner of record EAST SIDE AFFORDABLE HOUSING DEVELOPMENT FUND CORP, assessed at $505,350, 14 open housing violations. Sourced directly from official city and county records.
Quick answers
- Who owns 351 1/2 East 54th Street?
- EAST SIDE AFFORDABLE HOUSING DEVELOPMENT FUND CORP is the owner of record, per NYC Department of Finance (BBL 1013470122).
- When did 351 1/2 East 54th Street last change hands?
- 2025-09-25 to EAST SIDE AFFORDABLE HOUSING DEVELOPMENT FUND CORP, by a deed recorded with no sale price in NYC ACRIS.
- What is the assessed value of 351 1/2 East 54th Street?
- $505,350, set by the NYC Department of Finance.
- Does 351 1/2 East 54th Street have open housing violations?
- Yes. NYC HPD lists 14 open violations, 6 immediately hazardous (class C).
- 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 351 1/2 East 54th Street at risk for?
- FEMA's National Risk Index rates the area relatively low overall.
Property records
Owner of record
East Side Affordable Housing Development Fund CorpTax assessment
$505,350 · class D1
- DeedSep 25, 2025
Grantor (seller): East Side Affordable Housing Development Fund Corp, East 54th Street Housing Dvelopment Fund Corporati · Grantee (buyer): East Side Affordable Housing Development Fund Corp
Recorded document scan - Deed (other)Feb 13, 2003
Grantor (seller): 351 East 54 Llc · Grantee (buyer): East 54th Street Housing Development Fund Corp
Recorded document scan - DeedDec 21, 1999
Grantor (seller): Alrose Holding Co. Llc · Grantee (buyer): 351 E. 54th Llc
- DeedDec 30, 1996
Grantor (seller): Alrose Holding Co. · Grantee (buyer): Alrose Holding Company, Llc
- DeedNov 6, 1995
Grantor (seller): Ferber, Robert M. Exec., Berber, George Estate Of, Ferber, Charlotte Executrix · Grantee (buyer): Alrose Holding Co.
Sourced directly from official city and county records. BBL 1013470122
NYC records
Modern elevator buildingTenant and buyer signals
Elevator
Elevator building
City building class D1, 6 floors.
Hurricane zone
Outside evacuation zones
NYC Emergency Management does not place this spot in zones 1 to 6.
Alcohol licenses
1 license within 200 ft
Mola Restaurant LLC (restaurant)
Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.
Tax lot 1013470122
- Built
- 2001
- Floors
- 6
- Homes
- 12
- Zoning
- R10
- Floor area
- 9,938 sq ft
- Lot
- 2,008 sq ft
- Tax assessment
- $505K
Nearest subway
- Lexington Av/53 StEF6Accessible6 min1,270 ft
- Lexington Av/59 StNRW45611 min2,300 ft
- Lexington Av/63 StMQAccessible14 min2,930 ft
Click a station for walking directions.
Housing violations (HPD)
14 open
6 immediately hazardous · 8 hazardous · 0 non-hazardous
Heat and hot water, 2 years
86 complaints
Most recent May 2026
Bedbug filing, 2025
0 of 12 units reported infested.
Residential evictions, 5 years
1
Most recent Aug 2026
311 calls within 260 ft, 12 months
248
- Illegal Parking · 58
- HEAT/HOT WATER · 49
- Noise · 21
Safety and environment
FEMA natural hazard risk
Relatively Low
No single natural hazard ranks high for this area.
FEMA National Risk Index, census tract
Superfund site
2.6 mi
Meeker Avenue Plume (NPL Site). Check groundwater and vapor reports on the EPA site page.
EPA National Priorities List
Leaking fuel tanks
4 within 1,650 ft
Nearest: 345 East 59th St , 345 E. 59th St-Dot Garage (1,350 ft), no further action. Every release here is closed by the state regulator.
EPA UST Finder, leaking underground storage tank releases
Toxic release facility
1,600 ft
Edison Price Inc and 5 more within a mile. Reports chemical releases to air, water or land to EPA each year.
EPA Toxics Release Inventory
Historic listing nearby
450 ft
Sutton Place Historic District. Exterior changes can need preservation review; listed buildings can qualify for rehabilitation tax credits.
National Park Service, National Register
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
950 ft
ART AND DESIGN HIGH SCHOOL (950 ft), PS 59 BEEKMAN HILL INTERNATIONAL (950 ft), EAST SIDE ELEMENTARY SCHOOL-PS 267 (2,600 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
5.0 mi
LaGuardia (LGA). Aircraft may be audible under approach paths.
FAA large-hub airports
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
Viewing 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.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- 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.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- 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.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
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