New York City  »  10019  »  7th Ave  »  871 7th Ave

Wellington Hotel - 871 7th Avenue, New York, NY 10019 - Property report

Also known as: 147-149 W 55th St

Property image for Wellington Hotel - 871 7th Avenue, New York, NY 10019
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Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

1911

Lot sq. ft.

22,240

General information

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Address
Building name
Wellington Hotel
Primary address
Wellington Hotel - 871 7th Avenue
Alternate address(es)
147-149 W 55th St
151 W 55th St
153-155 W 55th St
ZIP code
10019
Neighborhood
Theatre District - Times Square
Borough
Manhattan
Block & lot
01008-0001

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
207,700
Building dimensions
125 ft x 175 ft
Buildings on lot
3
Stories
26
Year built
1911
Building material
Tax
Tax year
2026-2027
Property tax
$3,996,920
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
6
Retail sq. ft.
Lot
Lot dimensions
125.42 ft x 175 ft
Lot sq. ft.
22,240

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.23 Miles
Closest fire station
0.15 Miles

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

Units for Wellington Hotel - 871 7th Avenue, New York, NY

Ownership information for Wellington Hotel - 871 7th Avenue, New York, NY

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

Sales history for Wellington Hotel - 871 7th Avenue, New York, NY 10019

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/21/2026 - R
07/29/2026 - D
Zoning Lot Description
(2026073100368006)
XXX XXXXXXX XXX
08/21/2026 - R
07/29/2026 - D
Easement
(2026073100368005)
XXX XXXXX XX XXXXXXXX XX XXX XXXXXXXX XXXXX XXX XXXXXXX XXX
08/21/2026 - R
07/29/2026 - D
Development Rights
(2026073100368004)
XXX XXXXX XX XXXXXXXX XX XXX XXXXXXXX XXXXX XXX XXXXXXX XXX
08/21/2026 - R
07/29/2026 - D
Declaration
(2026073100368003)
XXX XXXXX XX XXXXXXXX XX XXX XXXXXXXX XXXXX XXX XXXXXXX XXX
08/21/2026 - R
07/29/2026 - D
Sundry Miscellaneous
(2026073100368002)
XXX XXXXXXX XXXXXXX XXX
08/21/2026 - R
07/29/2026 - D
Certificate
(2026073100368001)
XXXXX XXXXXXXX XX XXX XXXX XXX
07/22/2026 - R
07/07/2026 - D
Agreement
(2026072100582007)
XXX XXXXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXX
07/22/2026 - R
07/07/2026 - D
Declaration
(2026072100582006)
XXX XXXXXXX XXX
07/22/2026 - R
06/01/2026 - D
Sundry Miscellaneous
(2026072100582002)
XXX XXXXXXX XXXXXXX XXX
07/22/2026 - R
05/26/2026 - D
Sundry Miscellaneous
(2026072100582004)
XXXXXXXXXX XXXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Wellington Hotel - 871 7th Avenue, 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
$3,996,920
Municipal exemptions
Recent tax assessments
Market value
$82,764,000
Assessed value
$37,243,800

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 $93,577,000 $42,109,650 $36,833,110 10.848% $3,995,656 $3,995,656 -1.52%
2024/25 $89,198,000 $40,139,100 $37,699,270 10.762% $4,057,195 $4,057,195 -9.04%
2023/24 $103,107,000 $46,398,150 $42,109,380 10.592% $4,460,226 $4,460,226 -0.32%
2022/23 $94,455,000 $42,504,750 $42,031,350 10.646% $4,474,658 $4,474,658 +0.16%
2021/22 $92,313,000 $41,540,850 $41,540,850 10.755% $4,467,718 $4,467,718 -10.04%
2020/21 $103,201,000 $46,440,450 $46,440,450 10.694% $4,966,342 $4,966,342 +1.87%
2019/20 $102,815,000 $46,266,750 $46,266,750 10.537% $4,875,127 $4,875,127 +0.78%
2018/19 $102,240,000 $46,008,000 $46,008,000 10.514% $4,837,281 $4,837,281 -2.92%
2017/18 $105,318,000 $47,393,100 $47,393,100 10.514% $4,982,911 $4,982,911 +1.98%
2016/17 $110,526,000 $49,736,700 $46,208,010 10.574% $4,886,035 $4,886,035 +3.13%

Permit information for Wellington Hotel - 871 7th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
05/28/2026 Full demolition
05/28/2026 Full demolition
04/20/2026 Alteration
04/16/2026 Alteration
04/08/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record 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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
7th Ave & 55th St at NE Corner
Station lines
N-Q-R
Distance (miles)
0.016

Access the detailed traffic volume map for Wellington Hotel - 871 7th Avenue, 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 Wellington Hotel - 871 7th Avenue, New York, NY 10019?

The development at Wellington Hotel - 871 7th Avenue, New York, NY 10019 was built in 1911.

What is the market value of Wellington Hotel - 871 7th Avenue, New York, NY 10019?

The current market value of Wellington Hotel - 871 7th Avenue, New York, NY 10019 is $82,764,000.

What is the total square footage of Wellington Hotel - 871 7th Avenue, New York, NY 10019?

Wellington Hotel - 871 7th Avenue, New York, NY 10019 has a total of 207,700 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

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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