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559 Drake Street, Bronx, NY 10474 Property Information

559 Drake Street, Bronx, NY 10474 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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559 Drake Street, Bronx, NY 10474 1
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Address

Primary address 559 Drake Street
Neighborhood Hunts Point
Zip code 10474
Borough Bronx
Block & lot 02769-0196

Sales & Tax Overview for 559 Drake Street, Bronx

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Purchase date 04/15/2016
Purchase price $500,000
Tax class

Lot & Building Information for 559 Drake Street, Bronx

Lot sq. ft. 9,045
Lot dimensions 100 ft x 100 ft
Property type Zoned Commercial or Manhattan Residential (V1)
Buildings on lot 1
Year last altered 2020
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Zoning & Use for 559 Drake Street, Bronx

Zoning
Qualified opportunity zone

Area Overview

Walk Score
Transit Score
Bike Score


School district 8
Community district 2

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 559 Drake Street, Bronx

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Floor area ratio (FAR) for 559 Drake Street, Bronx, NY 10474, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 559 Drake Street, Bronx, NY 10474, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 559 Drake Street, Bronx

What is the market value of 559 Drake Street, Bronx, NY 10474?

The current market value is $578,000.

Ownership Information for 559 Drake Street, Bronx

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Property owner name for 559 Drake Street, Bronx, NY 10474
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Building contacts for 559 Drake Street, Bronx, NY 10474
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 559 Drake Street, Bronx

Create a free account to view the complete sales history for 559 Drake Street, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
04/15/2016 $500,000

Title Documents for 559 Drake Street, Bronx

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Date Type Amount Party 1 Party 2 Doc image
05/07/2018 - R
04/15/2016 - D
Satisfaction of Mortgage
(2018050100788001)
04/22/2016 - R
04/15/2016 - D
Mortgage
(2016042100173002)
04/22/2016 - R
04/15/2016 - D
Deed
(2016042100173001)
           
           
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R: Recorded date
D: Document date

Property Taxes for 559 Drake Street, Bronx

Access detailed property tax data for 559 Drake Street, Bronx, NY 10474. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $21,847
Tax assessor's market value: $578,000
Assessed value: $260,100

Assessment History for 559 Drake Street, Bronx

Here's the assessment & property tax history for 559 Drake Street, Bronx, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $608,000 $273,600 $175,860 10.848% $19,077 $19,077 +24.11%
2024/25 $468,000 $210,600 $142,830 10.762% $15,371 $15,371 +24.04%
2023/24 $360,000 $162,000 $117,000 10.592% $12,393 $12,393 +15.38%
2022/23 $277,000 $124,650 $100,890 10.646% $10,741 $10,741 +8.26%
2021/22 $241,000 $108,450 $92,250 10.755% $9,921 $9,921 -38.20%

Permits for 559 Drake Street, Bronx

The complete history of permits filed for 559 Drake Street, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
03/03/2021 Alteration
         
         
         
         
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Bronx Commercial Market Stats

Access a detailed real estate market overview of Bronx so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Bronx and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$332
8.3% YoY
Median Price/Sqft Q4/2025
$294
0.8% YoY
Median Price/Sqft 2025
$292
-1.2% YoY

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

Risk

FEMA flood zone(s): 0.2 (See more on map)
Hurricane evacuation zone: 3 (See more on map)

Transportation

Distance to Subway
Closest station Hunts Point Ave & 163rd St at SE Corner
Station lines 6
Distance (miles) 0.741
View subway map

Neighbors for 559 Drake Street, Bronx

Here are the neighbors for 559 Drake Street, Bronx, NY 10474.

Address Square feet Purchase date Purchase price
3511 Cambridge Ave, Bronx 18,096
3427 Bruckner Blvd, Bronx 30,094
1092 Close Ave, Bronx 60,522
376 W 246th St, Bronx 7,560 09/01/2017 $2,825,000
4127 White Plains Rd, Bronx 2,089 01/06/2017
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