New York City  »  10001  »  W 31st St  »  116 W 31st St

116 West 31st Street, New York, NY 10001 - Property report

Also known as: 116 W 31st St

Property image for 116 West 31st Street, New York, NY 10001
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2003

Lot sq. ft.

4,379

Sale price

$73,910,680

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
116 West 31st Street
Alternate address(es)
116-118 W 31st St
ZIP code
10001
Neighborhood
Chelsea
Borough
Manhattan
Block & lot
00806-0052

Owner

Find out who owns 116 West 31st Street, New York, NY 10001. Uncover corporate and individual owners with a free account.

Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
49,286
Building dimensions
40.2 ft x 64.5 ft
Buildings on lot
1
Stories
18
Year built
2003
Building material
Sales
Sale date
04/29/2016
Sale price
$73,910,680
Tax
Tax year
2026-2027
Property tax
$1,129,579
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
40.83 ft x 115 ft
Lot sq. ft.
4,379

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.45 Miles
Closest fire station
0.05 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 116 West 31st Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 116 West 31st Street, New York, NY 10001

Sale date Sale price Buyer name Seller name
04/29/2016 $73,910,680 XXXX XXXXXX XXXXXX XXXXXXXXXX, XXX XXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/23/2025 - R
06/24/2025 - D		 Assignment, Mortgage
(2025122200951001)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX XX XXXXXXX
06/16/2025 - R UCC3 Termination
(2025061200112003)		 XXXX XXXXXXX XXXXX XXXX XXXXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/16/2025 - R
06/09/2025 - D		 Agreement
(2025061200112004)		 XXXX XXXXXXX XXXXX XXXX XXXXXXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/16/2025 - R
06/09/2025 - D		 Termination of Assign of L&R
(2025061200112002)		 XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXXX XXXXXXX XXXXX XXXX XXXXXXXXXX XXX
06/16/2025 - R
06/09/2025 - D		 Assignment, Mortgage
(2025061200112001)		 XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
02/12/2024 - R
02/07/2024 - D		 Agreement
(2024020900776001)		 XXXX XXXXXXX XXXXX XXXX XXXXXXXXXX XXX XXXXX XXXXXXXXX XXXX XX XXX XXX XXXX XXXXXX
01/13/2023 - R UCC3 Continuation
(2023011100599001)		 XXXX XXXXXXX XXXXX XXXX XXXXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/14/2021 - R
06/02/2021 - D		 Agreement
(2021060800208001)		 XXXX XXXXXXX XXXXX XXXX XXXXXXXXXX XXX XXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
03/04/2021 - R
02/12/2021 - D		 Both RPTT and RETT
(2021030100902001)		 XXXXXX XXXXXX XXXXX XX XXXXXXXXXX XXX XXXX XXXXXX XX XXX
04/03/2018 - R UCC3 Assignment
(2018040300403003)		 XXXX XXXXXX XXXXX XXXXXXXXXX XXX XXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 116 West 31st Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,129,579
Municipal exemptions
Recent tax assessments
Market value
$25,381,000
Assessed value
$11,421,450

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $24,764,000 $11,143,800 $9,970,620 10.848% $1,081,613 $1,081,613 -1.49%
2024/25 $23,703,000 $10,666,350 $10,201,860 10.762% $1,097,924 $1,097,924 +4.65%
2023/24 $22,011,000 $9,904,950 $9,904,950 10.592% $1,049,132 $1,049,132 +4.57%
2022/23 $20,943,000 $9,424,350 $9,424,350 10.646% $1,003,316 $1,003,316 +1.28%
2021/22 $20,468,000 $9,210,600 $9,210,600 10.755% $990,600 $990,600 -25.47%
2020/21 $29,612,000 $13,325,400 $12,429,280 10.694% $1,329,187 $1,329,187 +5.48%
2019/20 $28,091,000 $12,640,950 $11,959,390 10.537% $1,260,161 $1,260,161 +1.41%
2018/19 $30,528,000 $13,737,600 $11,818,720 10.514% $1,242,620 $1,242,620 +2.17%
2017/18 $30,246,000 $13,610,700 $11,567,340 10.514% $1,216,190 $1,216,190 +9.28%
2016/17 $26,589,000 $11,965,050 $10,525,200 10.574% $1,112,935 $1,112,935 +7.54%
Permits

Permit information for 116 West 31st Street, New York, NY

Filing date Job type Job status Job description Initial cost
07/06/2026 Alteration
07/06/2026 Alteration
06/29/2026 Alteration
06/23/2026 Alteration
06/17/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
07/10/2020 E-elevator elevatorrequired
07/10/2020 E-elevator elevatorrequired
01/09/2020 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
6th Ave & 32nd St at NW Corner
Station lines
B-D-F-M-N-Q-R
Distance (miles)
0.088
View subway map

Access the detailed traffic volume map for 116 West 31st Street, New York, NY 10001 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 116 West 31st Street, New York, NY

142 W 31st St, New York 124 W 31st St, New York 145 W 30th St, New York 151 W 30th St, New York 150 W 30th St, New York 120 W 31st St, New York 135 W 30th St, New York 140 W 30th St, New York 148 W 31st St, New York 143 W 31st St, New York 135 W 31st St, New York 115 W 30th St, New York 371 7th Ave, New York 116 W 32nd St, New York 363 7th Ave, New York 355 7th Ave, New York 140 W 31st St, New York 137 W 31st St, New York 367 7th Ave, New York

Nearby ZIP codes for 116 West 31st Street, New York, NY

10010, New York City, NY 10011, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 116 West 31st Street, New York, NY 10001?

The development at 116 West 31st Street, New York, NY 10001 was built in 2003.

What is the market value of 116 West 31st Street, New York, NY 10001?

The current market value of 116 West 31st Street, New York, NY 10001 is $25,381,000.

What is the total square footage of 116 West 31st Street, New York, NY 10001?

116 West 31st Street, New York, NY 10001 has a total of 49,286 square feet.

What is the price per square foot for this property?

$1,499 per square foot is the price for 116 West 31st Street, New York, NY 10001.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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