1061 2nd Avenue, Manhattan
Mixed use · 12 units · built 1961 · Block 1329, Lot 28.
Building permits
- New Building — Tower, filed Mar 26, 2026, 141 units, 36 stories, described as “HUB consult submitted on 3/26. Please assign to hub examiner. New Building”
- Alteration, filed Oct 8, 2026, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Demolition, filed Dec 5, 2025, estimated cost $475K, described as “Full demolition of four story structure, using hand held equipment with mechanical assist.”
- Demolition, filed Dec 5, 2025, estimated cost $475K, described as “Full demolition of four story structure using hand held equipment with mechanical to assist”
- Demolition, filed Dec 5, 2025, estimated cost $475K, described as “Full demolition of four story structure, using hand held and mechanical to assist.”
- Alteration, filed Mar 25, 2021, estimated cost $6K, described as “Install new kitchen exhaust system, hood and duct for existing deli at first floor . No change in use, egress or occupancy .”
Property taxes
- Assessment
- $3,394,350
- 2026–27 tax
- $316,657
- Market value (city estimate)
- $7,543,000
- Taxable value
- $2,919,040
- Assessed land
- $768,600
- Assessed improvements
- $2,625,750
Zoning
C1-9: floor area ratio 3.38 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 17, 2025: $32,550,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 1059-1061 Second Avenue - TA Certification (City Planning 2025M0473): Certification, Completed, filed Jun 8, 2026, decided Sep 18, 2026. A private application seeking a joint CPC/MTA certification pursuant to ZR 95-041 to determine whether a transit easement volume is required for a proposed development at 1059–1061 Second Avenue (Block 1329, Lot 28; formerly Lots 27–28),…