1261 Park Avenue
Manhattan · 10029 · BBL 1016250004
1261 Park Avenue is a mixed residential and commercial building in East Harlem, Manhattan, ZIP 10029. City records date it to 1910 and count 17 residential units of 18 total. The city's property file lists the owner of record as Park Avenue 2 LLC. Its most recent total assessed value is $904K.
Taxes and assessed value
The city's Department of Finance assessed this lot at $904K for the 2026 tax year. That works out to $53K per residential unit. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
What the eviction record shows
City marshals executed 2 evictions at 1261 Park Avenue in the record PulseCities holds, the most recent on Feb 25, 2025. The first fell on Jan 14, 2025, so the filings span 1 month. One of them was residential. Holding the marshal docket number or the court index number from one of these? Look up that case →
Rent stabilization at this address
DHCR registration records list 4 rent-stabilized units at this building in 2023, the most recent year PulseCities holds. Registration is building-level and does not settle the status of any single apartment; the rent history does. Checking your own apartment starts with the free rent history. How to check rent-stabilized status →
311 complaint history
6 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through August 26, 2026.
How 1261 Park Avenue compares in 10029
PulseCities tracks 2,698 lots in 10029, of which 159 carry an executed eviction from the marshal record, which starts in April 2024, and 99 carry a deed from the shorter ACRIS window. This building is in that second group, which is 5.9% of the ZIP. 10029 scores 29.3 out of 100 for displacement pressure, 100 of 177 scored NYC ZIP codes. The full signal breakdown for East Harlem →
Watch 1261 Park Avenue
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Questions about 1261 Park Avenue
Who owns 1261 Park Avenue?
The most recent deed on file for 1261 Park Avenue names Park Avenue 2 LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building.
Has 1261 Park Avenue changed hands recently?
No deed for 1261 Park Avenue appears in the ACRIS records PulseCities holds. That means no transfer has been published for this lot in the current window, not that the building has never been sold.
Have there been evictions at 1261 Park Avenue?
Yes. Two marshal-executed evictions at 1261 Park Avenue appear in the NYC evictions dataset, the most recent on Feb 25, 2025. The dataset covers executed evictions only, so it undercounts housing court activity: cases that settle or end in a move-out never reach a marshal.
Is 1261 Park Avenue rent stabilized?
DHCR registrations list 4 stabilized units at this building in 2023. Registration is building-level, so it does not settle whether one apartment is stabilized. The free rent history from NYS Homes and Community Renewal does.
What is 1261 Park Avenue assessed at for property taxes?
The Department of Finance assessed the lot at $904K for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 1261 Park Avenue?
10029 (East Harlem) scores 29.3 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.