1501 3RD AVENUE
BBL 1015300047 · Class K2 · Built 1910 · 4 floors · 4 units · 1501 THIRD AVENUE PARTNERS LLC
1501 3RD AVENUE is a property in New York City zoned C1-9. The C1-9 classification is Commercial C1-9. The structure was built in 1910. It has 4 floors. The building contains 7,662 square feet. Built FAR is 3 of 10 maximum allowed. Assessed value is $1,448,100. Last sold for $7,800,000 in May 2025. Located in Council District 5.
You can build 26K sf as-of-right. The lot uses 30% of it today.
Governing use: residential at FAR 10.00 on a 2,554 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
5 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Dec 4, 2025 | DEED | — | 1501 THIRD AVENUE PARTNERS LLC→RAISING CANE'S RESTAURANTS, L.L.C. |
| May 15, 2025 | DEED | $7,800,000 | SM 84TH TIC 1501, LLC→1501 THIRD AVENUE PARTNERS LLC |
| Dec 14, 2010 | DEED | $5,500,000 | 1501 THIRD AVE. REALTY CORP.→SM 84TH TIC 1501, LLC |
| Jan 2, 2007 | DEED | $150,000 | ZUTTY, KATHERINE S→1501 THIRD AVE REALTY CORP. |
| Dec 17, 1968 | DEED | — | STERN, LOUISE B EX OF→ZUTTY, KATHERINE S |