$555,000 Sold Jul 2026 · Unit 1G
$8,053,000 Assessed value
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| Building size | 118,398 sq ft |
|---|---|
| Building dimensions | 170 × 178.67 ft |
| Stories | 6 |
| Basement / garden level | Yes — below ground |
| Sq ft per floor | 19,733 sq ft |
| Year built | 1941 |
| Lot dimensions | 200 × 183.42 ft |
|---|---|
| Lot area | 30,218 sq ft |
| FEMA flood zone | X — minimal risk |
| Units | 113 |
|---|---|
| Zoning | R7A |
| Building class | D4 |
| Ownership | Co-op building |
| Block / lot | Block 5247 / Lot 6 |
| Built FAR | 3.92 |
|---|---|
| Max residential FAR | 4.00 |
| Max facility FAR | 4.00 |
| Last recorded sale | $555,000 (Jul 2026) |
|---|---|
| Assessed value | $8,053,000 |
| Tax class | 2 |
| Annual property tax | $437,057 |
| Exemptions / abatements | 657 OWNERS CORP |
| Rent regulated | Co-op |
Terms on this page, explained →
657 East 26 Street was built in 1941 — roughly 85 years old. This is a co-op building with 113 apartments — residents own shares in the corporation that owns the building, rather than their apartments outright. Apartments average about 1,048 sq ft (building area divided by apartment count — individual units vary). For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value. The corporation pays one building-wide tax bill — about $437,057 per year — passed to residents through monthly maintenance in proportion to each apartment’s share allocation. A straight average works out to roughly $3,868 per apartment per year, though larger apartments carry more shares (and many primary residents get the co-op/condo abatement on top). The most recent recorded sale in the building was unit 1G, for $555,000 in Jul 2026.
The building is built out to essentially the full residential density its zoning allows (3.92 of 4.00 FAR), so there is little room to expand under current rules. This lot is associated with a co-op; individual apartments are owned as shares and taxed through the building.
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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.