NYC property data › Manhattan › Gramercy, Murray Hill & Turtle Bay › 940 1 Avenue

940 1 Avenue

Gramercy, Murray Hill & Turtle Bay, Manhattan · Mixed residential & commercial · BBL 1013630049

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6Units (4 residential)
4Floors
5,220Building sq ft
1,856Lot sq ft
1900Year built
R10Zoning
2.81 of 10.00Built FAR
2022Last sale
3DOB permits
0Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2022-08-24Deednot recorded
2015-07-13Deed$6,850,000

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2025-11-14Initial PermitPlumbing
2025-11-10Initial PermitConstruction Fence
2025-11-10Initial PermitGeneral Construction

Source: DOB NOW approved permits, which covers 2017 onward. 3 permits on file for this lot.

Motivated-Seller Score

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Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded mixed use mortgages in Manhattan since 2021, from public ACRIS filings.

  1. Modern Bank, N.a. — 8 loans, typically $354K–$1.55M
  2. Duane St 172 LLC — 4 loans, typically $500K–$955K
  3. Open Bank — 2 loans, typically $600K–$5.52M
  4. 130 Graham Funding L.p. — 2 loans, typically $300K–$1.3M
  5. 632 Hudson LLC — 2 loans, typically $350K–$450K
Match this deal to 149 lenders

Other lots on this block

Recent sales in Gramercy, Murray Hill & Turtle Bay

Gramercy, Murray Hill & Turtle Bay commercial real-estate market data →

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Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 1013630049 · data refreshed 2026-08-14

Development & air rights

28% Underbuilt — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.