530 East 73 Street
Analysis
The property offers strong valuation and recent sale data but its over‑built status and existing violations create moderate risk.
The good
- market value of $179,574,000 is more than double the assessed value of $80,808,300, indicating strong valuation
- recent arm's‑length sale in 2022 for $410,000,000 provides a clear market price reference
- no enforcement penalties and only $1,250 in safety violation penalties suggest limited financial exposure
- no legal proceedings and not on a tax‑lien list reduce transactional risk
The bad
- building is over‑built for residential use, exceeding the residential floor‑area limit (built FAR 20.56 vs limit 10)
- 12 open violations, even though per‑unit rate is reported as 0, represent compliance issues to resolve
- over‑built status limits future expansion or additional residential units
Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 20.56, against a residential limit of 10.00 — it is over that limit by 10.56. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.
Unresolved conditions on record
12 violations remain open across 414 residential units (about 0.0 per apartment), against an outstanding penalty balance of $0.00. A significant open count with little money attached usually means habitability items that were never certified as corrected, rather than a few expensive enforcement actions — an administrative problem more than a financial one, though it is still a problem.
Last recorded sale
Recorded at $410,000,000 on 7 Dec 2022 — $990,338 per residential unit, $702 per built square foot, 5.07× the assessed value.
Assessed value trend
Assessed value has risen 27.8% across the 5 assessment years on record (2023 to 2027), standing at $80,808,300. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.
Development & zoning
Floor-area ratio
| Built | 20.56 |
|---|---|
| Residential limit | 10.00 |
| Commercial limit | 0.00 |
| Community-facility limit | 10.00 |
Development headroom (calculated) calculated
| Highest permitted ratio | 10.00 |
|---|---|
| Unused ratio | -10.56 |
| Unused buildable area | — |
| Lot area | 28,397 sq ft |
Value & taxes
Assessment
| Assessed total | $80,808,300 |
|---|---|
| Assessed land | $11,970,000 |
| Assessed building | $68,838,300 |
| Market value on record | $179,574,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $67,497,480 |
| Tax rate | 12.502% |
| Estimated annual levy | $8,438,534.95 |
The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|---|---|
| 2027 | $80,808,300 | — |
| 2026 | $68,301,900 | +18.3% |
| 2025 | $64,244,700 | +6.3% |
| 2024 | $60,886,350 | +5.5% |
| 2023 | $63,246,150 | -3.7% |
Building & occupancy
Structure
| Year built | 1986 |
|---|---|
| Floors | 50 |
| Building area | 583,731 sq ft |
| Residential area | 517,053 sq ft |
| Commercial area | 66,678 sq ft |
Occupancy
| Total units | 415 |
|---|---|
| Residential units | 414 |
| Residential Avg unit size | 1,249 sq ft (calculated) |
| Commercial Avg unit size | 66,678 sq ft (calculated) |
| Building class | D8 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | 72 St (Q) — 0.39 mi |
|---|---|
| School district | 2 |
| Police precinct | 19 |
| Nearest firehouse | Engine 44 — 221 East 75 Street |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Zone 2 |
| Projected floodplain | In the projected 2050s floodplain |
Energy & emissions
| Energy grade | D |
|---|
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 515 E 72 St, 4b | 2026-06-23 | $1,550,000 | — | — |
| 515 East 72 Street, 32c | 2026-06-04 | $1,575,000 | — | — |
| 515 East 72 Street, 18b | 2026-03-06 | $1,700,000 | — | — |
| 515 East 72 St, 11l | 2026-02-27 | $1,470,000 | — | — |
| 515 East 72nd Street, 4a | 2026-01-15 | $825,000 | — | — |
| 527 East 72nd Street, 3a | 2025-10-28 | $440,000 | — | — |
| 515 East 72 Street, 9n | 2025-10-22 | $960,000 | — | — |
| 515 East 72nd Street, 36b | 2025-10-16 | $3,150,000 | — | — |
Record activity
Compliance calculated
| Open violations | 12 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $1,250.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 183 |
|---|---|
| Permits / alterations | 21 |
| Recorded documents | 78 |
| Legal proceedings | 0 |
Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | 1 East River LLC |
|---|---|
| Parcel | 1014840026 |
| Block | 1484 |
| Lot | 26 |
| Mortgage on record | $64,511,000 (2025) |
| Fixture liens | 3 active fixture liens |
Last recorded transfer
| Date | 7 Dec 2022 |
|---|---|
| Recorded price | $410,000,000 |
| Price per unit | $990,338 |
| Price vs assessed | 5.07× |
Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
| Issued | Category | Class | Status | Amount due | Description |
|---|---|---|---|---|---|
| 12 Aug 2026 | Building | AEUHAZ | Active | — | FTC-AEU-HAZ |
| 12 Aug 2026 | Building | AEUHAZ | Active | — | FTC-AEU-HAZ |
| 12 Aug 2026 | Building | AEUHAZ | Active | — | FTC-AEU-HAZ |
| 7 Aug 2026 | Housing | C | NOV SENT OUT | — | 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES IN THE ENTRANCE LOCATED AT APT 41C, 41st STORY, 3rd APARTMENT FROM EAST AT SOUTH |
| 29 Apr 2026 | Housing | A | NOV SENT OUT | — | A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH Housing RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\Housing, SEARCH BED BUGS |
| 31 Oct 2025 | Building | Gas Piping - a local law | Active | — | Cycle 1, Sub-cycle C (premises is in Community District 8 |
| 10 Oct 2025 | Building | Elevators | Active | — | Violation Issued-Failure To File 2024 Periodic Inspection Affirmation of Correction |
| 2 Sep 2025 | Housing | B | NOV SENT OUT | — | 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE ELECTRICAL LIGHT SWITCH AT WEST WALL IN THE BATHROOM LOCATED AT APT 36E, 36th STORY, 1st APARTMENT FROM SOUTH AT WEST |
| 2 Sep 2025 | Housing | B | NOV SENT OUT | — | 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE ELECTRICAL LIGHT SWITCH AT WEST WALL IN THE 1st ROOM FROM EAST LOCATED AT APT 36E, 36th STORY, 1st APARTMENT FROM SOUTH AT WEST |
| 4 Jun 2025 | Housing | A | NOV SENT OUT | — | A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH Housing RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\Housing, SEARCH BED BUGS |
| 15 Aug 2024 | Housing | A | NOV SENT OUT | — | 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT CEILING IN THE 1st BATHROOM FROM NORTH AT WEST LOCATED AT APT 28E, 27th STORY, 1st APARTMENT FROM NORTH AT EAST |
| 5 Jul 2024 | Housing | B | NOV SENT OUT | — | 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE 1st ROOM FROM EAST LOCATED AT APT 40I, 40th STORY, 4th APARTMENT FROM EAST AT SOUTH |
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 19 Aug 2026 | Dog | Noise | Closed | 21 Aug 2026 |
| 4 Aug 2026 | Dog | Noise | Closed | 5 Aug 2026 |
| 27 Jul 2026 | Lead Kit Request (Residential) (L10 | Lead | Open | — |
| 12 Jul 2026 | Driver Complaint - Passenger | Taxi Complaint | In Progress | — |
| 6 Jul 2026 | Lead Kit Request (Residential) (L10 | Lead | Closed | 8 Jul 2026 |
| 28 Jun 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 30 Jun 2026 |
| 17 Jun 2026 | Noise, Barking Dog (NR5 | Noise | Closed | 22 Jun 2026 |
| 9 Jun 2026 | Elevator - Multiple Devices On Property | Elevator | Closed | 16 Jun 2026 |
| 14 May 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 15 May 2026 |
| 22 Apr 2026 | Blocked Crosswalk | Illegal Parking | Closed | 22 Apr 2026 |
| 22 Apr 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 22 Apr 2026 |
| 21 Apr 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 22 Apr 2026 |
| 22 Mar 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 25 Mar 2026 |
| 19 Mar 2026 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 23 Mar 2026 |
| 17 Feb 2026 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 20 Feb 2026 |
| 2 Feb 2026 | Elevator - Multiple Devices On Property | Elevator | Closed | 17 Feb 2026 |
| 29 Jan 2026 | APARTMENT ONLY | HEAT/HOT WATER | Closed | 6 Feb 2026 |
| 22 Jan 2026 | PESTS | UNSANITARY CONDITION | Closed | 4 Feb 2026 |
| 12 Dec 2025 | Loud Music/Party | Noise - Residential | Closed | 13 Dec 2025 |
| 8 Dec 2025 | Bag/Wallet | Lost Property | Closed | 8 Dec 2025 |
| 20 Oct 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 23 Oct 2025 |
| 25 Sep 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 26 Sep 2025 |
| 25 Sep 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 26 Sep 2025 |
| 8 Sep 2025 | Pedicab | Consumer Complaint | Closed | 9 Oct 2025 |
| 21 Aug 2025 | NO LIGHTING | ELECTRIC | Closed | 1 Sep 2025 |
| 29 Jul 2025 | Sewer Odor (SA2 | Sewer | Closed | 29 Jul 2025 |
| 25 Jul 2025 | Sewage Odor | Indoor Air Quality | Closed | 28 Jul 2025 |
| 11 Jul 2025 | ENTIRE BUILDING | HEAT/HOT WATER | Closed | 16 Jul 2025 |
| 4 Jun 2025 | Taste/Odor, Sewer (QA5 | Water Quality | Closed | 5 Jun 2025 |
| 4 May 2025 | FLOOR | FLOORING/STAIRS | Closed | 16 Jul 2025 |
| 4 May 2025 | VENTILATION SYSTEM | GENERAL | Closed | 16 Jul 2025 |
| 17 Apr 2025 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 17 Apr 2025 |
| 9 Apr 2025 | Driver Complaint - Non Passenger | Taxi Complaint | Closed | 10 Jun 2025 |
| 27 Mar 2025 | Sign | Obstruction | Closed | 27 Mar 2025 |
| 29 Jan 2025 | Double Parked Blocking Traffic | Illegal Parking | Closed | 29 Jan 2025 |
| 17 Jan 2025 | Compost | Missed Collection | Closed | 18 Jan 2025 |
| 8 Jan 2025 | Lead Kit Request (Residential) (L10 | Lead | Closed | 9 Jan 2025 |
| 21 Nov 2024 | SIGNAGE MISSING | GENERAL | Closed | 21 Nov 2024 |
| 21 Nov 2024 | Elevator - Multiple Devices On Property | Elevator | Closed | 21 Apr 2025 |
| 8 Nov 2024 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 8 Nov 2024 |
| 7 Nov 2024 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 8 Nov 2024 |
| 7 Nov 2024 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 7 Nov 2024 |
| 17 Oct 2024 | SIGNAGE MISSING | GENERAL | Closed | 21 Dec 2024 |
| 14 Sep 2024 | Chemical Vapors/Gases/Odors | Indoor Air Quality | Closed | 16 Sep 2024 |
| 5 Sep 2024 | Dirty Water (WE | Water System | Closed | 6 Sep 2024 |
| 5 Sep 2024 | Illegal Conversion Of Residential Building/Space | Building/Use | Closed | 13 Sep 2024 |
| 4 Sep 2024 | MAINTENANCE | ELEVATOR | Closed | 11 Sep 2024 |
| 4 Sep 2024 | SIGNAGE MISSING | GENERAL | Closed | 11 Sep 2024 |
| 4 Sep 2024 | SIGNAGE MISSING | GENERAL | Closed | 11 Sep 2024 |
| 4 Sep 2024 | SIGNAGE MISSING | GENERAL | Closed | 11 Sep 2024 |
Showing the 50 most recent of 150. The full set is available in the interactive report.
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
| Issued | Type | Status | Work |
|---|---|---|---|
| 16 Apr 2024 | Sprinklers | Signed-off | HSS Wellness: Plumbing and sprinkler modifications to accommodate alterations for the Wellness Center at partial cellar #2 as per plans. No change to use, egress or occupancy |
| 27 Mar 2024 | Mechanical Systems | Signed-off | HSS Wellness: modification of HVAC equipment and ductwork to accommodate alterations for the Wellness Center at partial cellar #2 as per plans. No change to use, egress or occupancy |
| 21 Mar 2024 | General Construction | Signed-off | HSS Wellness: modification of interior partitions and finishes to accommodate alterations for the Wellness Center at partial cellar #2 as per plans. No change to use, egress or occupancy |
| 23 Oct 2018 | A2 | ISSUED | — |
| 23 Jul 2018 | A2 | ISSUED | — |
| 18 Dec 2017 | A2 | RE-ISSUED | — |
| 6 Jun 2016 | A2 | ISSUED | — |
| 9 Aug 2014 | A2 | ISSUED | — |
| 14 Dec 2005 | A2 | ISSUED | — |
| 19 Oct 2005 | A2 | ISSUED | — |
| 19 Oct 2005 | A2 | ISSUED | — |
| 19 Oct 2005 | A2 | ISSUED | — |
| 13 Dec 2004 | A2 | ISSUED | — |
| 1 Dec 2004 | A2 | ISSUED | — |
| 11 Jan 2001 | A2 | ISSUED | — |
| 20 Mar 1996 | A2 | ISSUED | — |
| 16 Jun 1995 | A2 | ISSUED | — |
| 30 Mar 1995 | A2 | ISSUED | — |
| 22 Dec 1993 | A2 | ISSUED | — |
| 7 Oct 1993 | A2 | ISSUED | — |
| 26 May 1993 | A2 | ISSUED | — |
Recorded documents
Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.
| Recorded | Type | Amount | From | To |
|---|---|---|---|---|
| 27 Oct 2025 | Assignment | — | — | — |
| 27 Oct 2025 | Agreement | $251,011,000 | — | — |
| 27 Oct 2025 | Mortgage | $64,511,000 | — | — |
| 27 Oct 2025 | Assignment | — | — | — |
| 27 Oct 2025 | Agreement | — | — | — |
| 5 Sep 2025 | Transfer tax return | $352,273,109 | — | — |
| 5 Sep 2025 | Transfer tax return | $73,463,824 | — | — |
| 7 Dec 2022 | Deed | $410,000,000 | — | — |
| 7 Dec 2022 | ASPM | $186,500,000 | — | — |
| 30 Nov 2020 | Assignment | — | — | — |
| 17 Sep 2020 | Assignment | — | — | — |
| 17 Sep 2020 | Assignment | — | — | — |
| 17 Sep 2020 | Mortgage | $18,500,000 | — | — |
| 17 Sep 2020 | Agreement | $186,500,000 | — | — |
| 17 Sep 2020 | SAGE | — | — | — |
| 21 Sep 2015 | Assignment | — | — | — |
| 21 Sep 2015 | Assignment | — | — | — |
| 21 Sep 2015 | Agreement | $168,000,000 | — | — |
| 21 Sep 2015 | Mortgage | $24,954,964 | — | — |
| 21 Sep 2015 | Deed | — | — | — |
| 21 Sep 2015 | Agreement | — | — | — |
| 17 Oct 2008 | Assignment | — | — | — |
| 17 Oct 2008 | Mortgage | $10,662,500 | — | — |
| 15 Sep 2006 | Mortgage | $48,310,000 | — | — |
| 15 Sep 2006 | Assignment | — | — | — |
| 15 Sep 2006 | Agreement | $133,310,000 | — | — |
| 15 Sep 2006 | Assignment | — | — | — |
| 10 Feb 2003 | Agreement | — | — | — |
| 10 Feb 2003 | Assignment | — | — | — |
| 10 Feb 2003 | Mortgage | $25,788,000 | — | — |
| 10 Feb 2003 | Assignment | — | — | — |
| 5 Oct 1995 | Assignment | — | — | — |
| 5 Oct 1995 | Deed | — | — | — |
| 5 Oct 1995 | Assignment | — | — | — |
| 5 Oct 1995 | Assignment | — | — | — |
| 5 Oct 1995 | Satisfaction of mortgage | — | — | — |
| 5 Oct 1995 | Agreement | — | — | — |
| 5 Oct 1995 | Assignment | — | — | — |
| 5 Oct 1995 | Assignment | — | — | — |
| 1 Feb 1991 | MISC | — | — | — |
| 21 Dec 1990 | SMIS | — | — | — |
| 20 Sep 1990 | Mortgage | $15,000,000 | — | — |
| 18 Jun 1990 | Mortgage | $15,000,000 | — | — |
| 13 Mar 1990 | SAGE | — | — | — |
| 13 Mar 1990 | SMIS | — | — | — |
| 7 Sep 1989 | SAGE | — | — | — |
| 7 Sep 1989 | SAGE | — | — | — |
| 10 Feb 1989 | SAGE | — | — | — |
| 10 Feb 1989 | Agreement | — | — | — |
| 9 Nov 1988 | DECL | — | — | — |
Showing the 50 most recent of 78. The full set is available in the interactive report.
About this page
Compiled from New York City public records — retrieved today. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.