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625 West 59th Street #Comm1, New York, NY 10019 - Property report

Also known as: 625 W 59th St #Comm1

Property image for 625 West 59th Street #Comm1, New York, NY 10019
static Mapbox map

Property type

Hotel/Boatel (RH)

Year built

2014

Lot sq. ft.

72,099

Sale price

$62,500,000

General information

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Address
Primary address
625 West 59th Street #Comm1
ZIP code
10019
Neighborhood
Lincoln Square
Borough
Manhattan
Block & lot
01171-4504

Owner

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Building
Property type
Hotel/Boatel (RH)
Unit sq. ft.
15,049
Buildings on lot
1
Stories
42
Year built
2014
Building material
Sales
Sale date
12/28/2017
Sale price
$62,500,000 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
361
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
198.83 ft x 388.66 ft
Lot sq. ft.
72,099

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
3
Community district
7

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

Ownership information for 625 West 59th Street #Comm1, New York, NY

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

Sales history for 625 West 59th Street #Comm1, New York, NY 10019

Sale date Sale price Buyer name Seller name
12/28/2017 $62,500,000 XXXXX XXXXXXX XXXXXXXXX XXXXXX XXXX X XXXXX 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
02/01/2023 - R UCC3 Amendment
(2023020100501001)
XXXXX XXXXXXX XXX XXXX XX XXX XXXX XXXXXX
12/22/2022 - R UCC3 Continuation
(2022121901061001)
XXXXX XXXXXXX XXX XXXX XX XXX XXXX XXXXXX XX XXXXXX XXXXXXX
08/05/2022 - R
07/25/2022 - D
Agreement
(2022080201202001)
XXXXX XXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX
12/03/2021 - R
11/10/2021 - D
Amended Condo Declaration
(2021111000132001)
XXX XXXX XXX XXXXXX XXXXXXXXXXX
10/10/2019 - R
10/02/2019 - D
Amended Condo Declaration
(2019100900081001)
XXX XXXX XXX XXXXXX XXXXXXXXXXX
04/06/2018 - R
04/03/2018 - D
Sundry Miscellaneous
(2018040500018001)
XXXXX XXXXXXX
01/10/2018 - R Initial UCC1
(2018010900644003)
XXXXX XXXXXXX XXX XXXX XX XXX XXXX XXXXXX
01/08/2018 - R UCC3 Amendment
(2018010300310003)
XXXXXXXXX XXXXXX XXXX X XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/08/2018 - R UCC3 Amendment
(2018010300310002)
XXXXXXXXX XXXXXX XXXX X XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/10/2018 - R
12/28/2017 - D
Assignment, Mortgage
(2018010900644002)
XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX XXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 625 West 59th Street #Comm1, 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
Municipal exemptions
Recent tax assessments
Market value
$1,941,209
Assessed value
$873,544

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 $1,812,043 $815,419 $0 10.848% $84,817 $0 n/a
2024/25 $1,671,027 $751,962 $0 10.762% $80,926 $0 n/a
2023/24 $1,821,523 $819,685 $0 10.592% $81,079 $0 n/a
2022/23 $1,732,483 $779,617 $0 10.646% $79,853 $0 n/a
2021/22 $1,650,421 $742,689 $0 10.755% $79,876 $0 n/a
2020/21 $2,389,571 $1,075,307 $0 10.694% $114,993 $0 n/a
2019/20 $4,902,382 $2,206,072 $0 10.537% $232,454 $0 n/a
2018/19 $5,291,954 $2,381,379 $166,971 10.514% $237,066 $17,555 n/a

Permit information for 625 West 59th Street #Comm1, New York, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & 66th St at SE Corner
Station lines
1
Distance (miles)
0.455

Access the detailed traffic volume map for 625 West 59th Street #Comm1, New York, NY 10019 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

Frequently asked questions

What is the year built for 625 West 59th Street #Comm1, New York, NY 10019?

The development at 625 West 59th Street #Comm1, New York, NY 10019 was built in 2014.

What is the market value of 625 West 59th Street #Comm1, New York, NY 10019?

The current market value of 625 West 59th Street #Comm1, New York, NY 10019 is $1,941,209.

What is the total square footage of 625 West 59th Street #Comm1, New York, NY 10019?

625 West 59th Street #Comm1, New York, NY 10019 has a total of 15,049 square feet.

What is the price per square foot for this property?

$4,153 per square foot is the price for 625 West 59th Street #Comm1, New York, NY 10019.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

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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