Manhattan

502 East 81st Street, Manhattan

Retail space
NYC Municipal Record· BBL 1-01577-0049· New York County

technical data · neighborhood and transit

502 East 81st Street, Manhattan: owner of record 502 EAST 81ST STREET DEVELOPMENT LLC, assessed at $2,553,750, 42 open housing violations. Sourced directly from official city and county records.

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502 East 81st Street, ManhattanOpen map

Quick answers

Who owns 502 East 81st Street?
502 EAST 81ST STREET DEVELOPMENT LLC is the owner of record, per NYC Department of Finance (BBL 1015770049).
How much did 502 East 81st Street last sell for?
$10,400,000 on 2023-06-29, per the deed recorded in NYC ACRIS.
What is the assessed value of 502 East 81st Street?
$2,553,750, set by the NYC Department of Finance.
Does 502 East 81st Street have open housing violations?
Yes. NYC HPD lists 42 open violations, 4 immediately hazardous (class C).

Property records

Tax assessment

$2,553,750 · class D6

  1. DeedJun 29, 2023$10,400,000

    Grantor (seller): Wmf 502 East 81st Llc · Grantee (buyer): 502 East 81st Street Development Llc

    Recorded document scan
  2. DeedOct 3, 2017

    Grantor (seller): Wmf 502 East 81st Llc · Grantee (buyer): Wmf 502 East 81st Llc

    Recorded document scan
  3. DeedOct 29, 2015$8,650,000

    Grantor (seller): 500 East 81st Street Llc · Grantee (buyer): Thmb725 Southern Llc

    Recorded document scan

Sourced directly from official city and county records. BBL 1015770049

NYC records

Modern elevator building

Tenant and buyer signals

Elevator

Elevator building

City building class D6, 11 floors.

Hurricane zone

Evacuation zone 6

Zone 1 evacuates first, zone 6 last. Check the flood insurance history.

Alcohol licenses

1 license within 200 ft

Venkys Food CORP (restaurant)

Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.

Tax lot 1015770049

Built
2024
Floors
11
Homes
10
Zoning
R10
Floor area
33,471 sq ft
Lot
3,104 sq ft
Tax assessment
$2.6M

Nearest subway

Housing violations (HPD)

42 open

4 immediately hazardous · 14 hazardous · 20 non-hazardous

Heat and hot water, 2 years

No heat or hot water complaints filed.

Bedbug filing, 2022

0 of 13 units reported infested.

Residential evictions, 5 years

No marshal evictions executed.

Building permits, 3 years

40

  • Construction Fence · May 2026
  • Protection and Mechanical Methods · May 2026
  • Protection and Mechanical Methods · May 2026

311 calls within 260 ft, 12 months

446

  • HEAT/HOT WATER · 73
  • UNSANITARY CONDITION · 46
  • Noise · 40

Safety and environment

Major airport

4.0 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

Property tax after you buy

$500,000

$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.

Sunlight

How the sun hits 502 East 81st Street, Manhattan

Building typeRetail space

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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
Read the Manhattan city report →

More on East 81st Street

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Viewing recommendations

What's worth checking in person before deciding.

  • The building has commercial space on the ground floor. Ask about their hours, check where the ventilation or refrigeration units are, and what time deliveries happen in the morning.
  • Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
  • 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.
  • Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
  • 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.