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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
Estimated property tax $21,847

Lot & Building Information for 559 Drake Street, Bronx

Lot sqft 9,045
Lot dimensions 100 ft x 100 ft
Building class 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 $608,000.

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
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In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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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.

Purchase date Purchase 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
04/15/2016 - D
05/07/2018 - R
Satisfaction of Mortgage
(2018050100788001)
04/15/2016 - D
04/22/2016 - R
Mortgage
(2016042100173002)
04/15/2016 - D
04/22/2016 - R
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: 2025-2026
Property tax: $19,077
Estimated property tax: $21,847
Tax assessor's market value: $608,000
Assessed value: $273,600

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
$329
9.1% YoY
Median Price/Sqft Q4/2025
$288
0.3% YoY
Median Price/Sqft 2025
$287
0.3% YoY

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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
Bus Routes
Name Halleck St/Food Center Dr
Line BX6
Distance (miles) 0.114

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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