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240 1 Avenue, Manhattan

Inside a FEMA-mapped flood zone, this elevator apartment building on 1 Avenue carries 0.1 FAR of unused residential development rights on record.

240 1 Avenue is an elevator apartment building in Manhattan, New York City (BBL 1009720001). The property is zoned R7-2, on a 2,675,000 sq ft lot, with 13 floors and 8,812 residential units. It was built in 1945. The lot is inside a FEMA Special Flood Hazard Area. NYC municipal records show 31 open building violations for this lot as of 2026-07-05.

Property facts

BBL1009720001
BoroughManhattan — Community District 6
NeighborhoodStuyvesant Town-Peter Cooper Village
ZIP code10009
Zoning districtR7-2
Building classD7elevator apartment building (what’s a building class?)
Land use04 — Mixed residential & commercial buildings
Lot area2,675,000 sq ft
Floors13
Residential units8,812
Year built1945
FAR3.34 built · 3.44 max residential · 0 max commercial Learn: What is FAR?
Flood zoneIn a FEMA Special Flood Hazard Area

Public records

  • 14 open Department of Buildings violations
  • 0 open ECB (OATH) violations
  • 17 open Housing Preservation & Development violations
  • Façade safety filing status: SWARMP (latest filing 2026-06-09)

Violation counts as of 2026-07-05.

Absence of a record means none on file in NYC municipal records — not a certification of compliance.

The complete dossier also covers:

  • Buildable floor area (residential & commercial)
  • Recorded ownership & last sale
  • Recorded mortgages & open debt stack
  • LL97 carbon exposure by compliance period
  • Flood coverage percentage & base flood elevation
  • Climate projections for this lot
  • Open permits & construction pipeline
  • Distress signal convergence
  • Air rights & transferable development rights
  • Comparable sales (Pro)
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Data: NYC municipal records (Departments of City Planning, Buildings, Finance) and FEMA. See our sources and methodology. Data as of 2026-07-11.