New York City  »  10036  »  10th Ave  »  561 10th Ave

The Victory - 561 10th Avenue, New York, NY 10036 - Property report

Also known as: 559-565 10th Ave

Property image for The Victory - 561 10th Avenue, New York, NY 10036
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Property type

Elevator Apartment - Luxury Type (D8)

Year built

2003

Lot sq. ft.

20,994

Sale price

$153,287,782

General information

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Address
Building name
The Victory
Primary address
The Victory - 561 10th Avenue
Alternate address(es)
501-513 W 41st St
559-565 10th Ave
ZIP code
10036
Neighborhood
Clinton - Hell's Kitchen
Borough
Manhattan
Block & lot
01070-0029

Owner

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Building
Property type
Elevator Apartment - Luxury Type (D8)
Building sq. ft.
411,430
Building dimensions
98 ft x 198 ft
Buildings on lot
1
Stories
45
Year built
2003
Building material
Sales
Sale date
12/22/2021
Sale price
$153,287,782
Tax
Tax year
2026-2027
Property tax
$4,896,009
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
417
Residential sq. ft.
Commercial units
3
Retail sq. ft.
Lot
Lot dimensions
98.62 ft x 198.17 ft
Lot sq. ft.
20,994

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
2
Community district
4
Closest police station
0.34 Miles
Closest fire station
0.07 Miles

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

Building Description

The 45-story Victory Apartments at 501 West 41st Street feature five free-market apartments, 417 regulated apartments and three commercial units across 411,430 square feet of space. Located in the Clinton / Hell's Kitchen area, units at Victory Apartments offer an average of 891 square feet of space. Amenities include an attended lobby, laundry facilities, concierge and full-time doorman service, a roof deck, and a garden. The building also boasts additional basement storage and a full-service garage.

Part of School District 2, 501 West 41st Street is zoned for P.S. 051 Elias Howe. Other public and private options include P.S. 212 Midtown West, M.S. 260 Clinton School of Writers and Artists, De La Salle Academy, and the High School of Graphic Communication Arts, all located less than a mile away. Access to public transfer from Victory Apartments is a breeze, with the A, C, E, N, Q, R, S, 1, 2, 3, and 7 lines stopping a third of a mile away at 8th Avenue and 42nd Street.

Ownership information for The Victory - 561 10th 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 The Victory - 561 10th Avenue, New York, NY 10036

Sale date Sale price Buyer name Seller name
12/22/2021 $153,287,782 XXXX XX XXXX XXXXXXX XXXXX X X X XXX XXXX XXXXXXX XXXXX X X X XXX XXXX XXXX XXXXXX XXXXXXXXXX, 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
08/21/2026 - R UCC3 Continuation
(2026082100237001)
XXXX XX XXXX XXXXXXX XXXXX X X X XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
02/11/2022 - R Initial UCC1
(2021123100343017)
XXXX XX XXXX XXXXXXX XXXXX X X X XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
02/11/2022 - R Initial UCC1
(2021123100343016)
XXXX XX XXXX XXXXXXX XXXXX X X X XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
02/11/2022 - R UCC3 Termination
(2021123100343015)
XXX XXXX XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
02/11/2022 - R UCC3 Termination
(2021123100343014)
XXX XXXX XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
02/11/2022 - R
12/22/2021 - D
Sundry Agreement
(2021123100343013)
XXXX XX XXXX XXXXXXX XXXXX X X X XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
02/11/2022 - R
12/22/2021 - D
Sundry Agreement
(2021123100343012)
XXXX XXXXXXX XX X X X XXXX XXXXXXX XXXXX X X X
02/11/2022 - R
12/22/2021 - D
Sundry Agreement
(2021123100343011)
XXXX XXXXXXX XX X X X XXXX XX XXXX XXXXXXX XXXXX X X X
02/11/2022 - R
12/22/2021 - D
Agreement
(2021123100343010)
XXX XXXX XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
02/11/2022 - R
12/22/2021 - D
Agreement
(2021123100343009)
XXX XXXX XXXX XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Victory - 561 10th 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
$4,896,009
Municipal exemptions
Recent tax assessments
Market value
$87,467,000
Assessed value
$39,360,150

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 $89,436,000 $40,246,200 $39,347,817 12.439% $4,894,475 $4,894,475 +20.63%
2024/25 $104,078,000 $46,835,100 $32,458,538 12.5% $5,057,967 $4,057,317 +4.71%
2023/24 $87,283,000 $39,277,350 $30,992,241 12.502% $4,829,630 $3,874,650 +36.38%
2022/23 $86,167,000 $38,775,150 $23,160,828 12.267% $4,699,431 $2,841,139 +2.02%
2021/22 $85,612,000 $38,525,400 $22,762,360 12.235% $4,605,918 $2,784,975 +51.42%
2020/21 $86,007,000 $38,703,150 $14,993,708 12.267% $4,517,645 $1,839,278 -1.93%
2019/20 $87,736,000 $39,481,200 $15,036,540 12.473% $4,606,866 $1,875,508 +92.94%
2018/19 $85,575,000 $38,508,750 $7,707,486 12.612% $4,639,500 $972,068 +1.59%
2017/18 $83,074,000 $37,383,300 $7,522,920 12.719% $4,561,486 $956,840 +1595.44%
2016/17 $80,823,000 $36,370,350 $437,760 12.892% $4,400,929 $56,436 +0.07%

Permit information for The Victory - 561 10th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/20/2026 Alteration
12/30/2025 Alteration
08/20/2025 Alteration
01/22/2024 Alteration
10/13/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
07/26/2023 C-construction other optional
08/02/2022 Bench-failure to benchmark none
12/27/2019 E-elevator

*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

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
8th Ave & 42nd St at NW Corner
Station lines
A-C-E-N-Q-R-S-1-2-3-7
Distance (miles)
0.355

Access the detailed traffic volume map for The Victory - 561 10th Avenue, New York, NY 10036 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 The Victory - 561 10th Avenue, New York, NY 10036?

The development at The Victory - 561 10th Avenue, New York, NY 10036 was built in 2003.

What is the total square footage of The Victory - 561 10th Avenue, New York, NY 10036?

The Victory - 561 10th Avenue, New York, NY 10036 has a total of 411,430 square feet.

When was The Victory - 561 10th Avenue, New York, NY 10036 last sold and what was the sale price?

The Victory - 561 10th Avenue, New York, NY 10036 was last sold on 12/22/2021 for $153,287,782.

What is the assessed value of The Victory - 561 10th Avenue, New York, NY 10036?

The Victory - 561 10th Avenue, New York, NY 10036 is currently assessed at $39,360,150.

What are the property taxes for The Victory - 561 10th Avenue, New York, NY 10036?

The property taxes for The Victory - 561 10th Avenue, New York, NY 10036 total $4,896,009.

How many residential units does this building have?

This building has 417 residential unit(s).

Disclaimer

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All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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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