# 305 East 61st Street, Manhattan

Condominium · 35 units · built c. 1900 · Block 1436, Lot 7507.

On Umarelli: https://umarelli.org/nyc/1014367507/305-east-61-street

More construction in Upper East Side: https://umarelli.org/nyc/manhattan/upper-east-side.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $10,354,952
- 2026–27 tax: $1,196,374
- Market value (city estimate): $23,011,004
- Taxable value: $9,927,365
- Assessed land: $562,502
- Assessed improvements: $9,792,450
- Condo units with their own tax lots: 36

## Zoning

R8B: floor area ratio 9.09 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 30, 2026: $2,392,888, Apt 704
- Jan 15, 2026: $1,415,550, Apt 803
- Nov 24, 2025: $995,000, Apt 405
- May 2, 2025: $1,400,000, Apt 703
- Apr 15, 2025: $2,745,000, Apt PH4
- Mar 7, 2025: $1,250,000, Apt 603
- Dec 2, 2024: $1,915,000, Apt 601
- Nov 5, 2024: $1,552,831, Apt 903
- Oct 17, 2024: $5,588,606, Apt PH2
- Jun 25, 2024: $2,265,606, Apt 701

The 10 most recent of 17 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Variance or special permit (Board of Standards and Appeals 2017-225-BZ): Variance or special permit, Granted, filed Jul 11, 2017, decided Jan 30, 2018. Special Permit (§73-36) to permit the operation of Physical Culture Establishment (AIRE Ancient Baths) in portions of the cellar, basement and first floor of an existing building contrary to ZR §32-10. C2-5/R8B zoning district.

## In the news

[305 East 61st Street’s Residential Conversion Progresses on Manhattan’s Upper East Side](https://newyorkyimby.com/2023/05/305-east-61st-streets-residential-conversion-progresses-on-manhattans-upper-east-side.html), New York YIMBY, May 1, 2023.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology