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16 West 57th Street, New York, NY 10019

Also known as: 16-18 W 57th St, New York, NY 10019

16 West 57th Street, New York, NY 10019

Also known as: 16-18 W 57th St, New York, NY 10019

  • General
  • Contacts
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Address

Primary address 16 West 57th Street
Secondary address 16-18 W 57th St
Neighborhood Central Midtown
Zip code 10019
Borough Manhattan
Block & lot 01272-0050

Sales & Tax Overview for 16 West 57th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/13/2016
Purchase price $128,000,000
Tax class

Lot & Building Information for 16 West 57th Street, New York

Lot sqft 5,020
Lot dimensions 50 ft x 100.42 ft
Building class Zoned Commercial or Manhattan Residential (V1) i
Buildings on lot 1

Zoning & Use for 16 West 57th Street, New York

Zoning

Area Overview

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

School district 2
Community district 5
Closest police station 0.48 Miles
Closest fire station 0.35 Miles
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Other Property Data for 16 West 57th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 16 West 57th Street, New York, NY 10019, 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 16 West 57th Street, New York, NY 10019, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 16-18 W 57th St, New York, NY 10019

About 16 West 57th Street, New York

What is the market value of 16 West 57th Street, New York, NY 10019?

The current market value is $7,582,000.

Ownership Information

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Property owner for 16 West 57th Street, New York, NY 10019
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Building contacts for 16 West 57th Street, New York, NY 10019
Building management:
Representatives (from permits):
Tenants:


Real Estate Reports:
Eliza Theiss, Jun 05, 2024 Overview of the Condominium Offering Plan
What does a condominium offering plan contain? What are the rights and obligations of unit owners? How far does a sponsor’s control reach?
Eliza Theiss, May 21, 2024 Downtown Deals: Most of USA’s Largest Cities See Slower Home Price Growth in City Centers
Citywide prices grew much faster in 31 of the 40 most populated cities in the U.S. over the past decade, with 17 downtowns now cheaper than the city.

Past Sales & Property History for 16 West 57th Street, New York

Create a free account to view the complete sales history for 16 West 57th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/13/2016 $128,000,000
08/25/2014 $95,000,000
10/12/2011 $80,005,316
       
       
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*Here are the three most recent sales for this property.

Title Documents for 16 West 57th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/25/2016 - R UCC3 termination
(2016051801371003)
05/13/2016 - D
05/25/2016 - R
Satisfaction of mortgage
(2016051801371005)
05/13/2016 - D
05/25/2016 - R
Deed
(2016051801371004)
05/13/2016 - D
05/25/2016 - R
Termination of assign of L&R
(2016051801371002)
05/11/2016 - D
05/25/2016 - R
Agreement
(2016051801371001)
09/10/2014 - R Initial UCC1
(2014090301356006)
09/04/2014 - R UCC3 termination
(2014090400323001)
08/25/2014 - D
09/10/2014 - R
Assignment of leases and rents
(2014090301356005)
08/25/2014 - D
09/10/2014 - R
Agreement
(2014090301356004)
08/25/2014 - D
09/10/2014 - R
Assignment, mortgage
(2014090301356003)
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R: Recorded date
D: Document date

Property Taxes for 16 West 57th Street, New York

Access detailed property tax data for 16 West 57th Street, New York, NY 10019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $343,324
Tax assessor's market value: $7,203,000
Assessed value: $3,241,350

Assessment History for 16 West 57th Street, New York

Here's the assessment & property tax history for 16 West 57th Street, New York, 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
2023/24 $7,582,000 $3,411,900 $3,133,050 10.592% $331,853 $331,853 -1.67%
2022/23 $7,981,000 $3,591,450 $3,170,250 10.646% $337,505 $337,505 +8.14%
2021/22 $8,401,000 $3,780,450 $2,901,960 10.755% $312,106 $312,106 +12.43%
2020/21 $8,843,000 $3,979,350 $2,595,870 10.694% $277,602 $277,602 -25.09%
2019/20 $7,815,000 $3,516,750 $3,516,750 10.537% $370,560 $370,560 +1.03%

Permits for 16 West 57th Street, New York

The complete history of permits filed for 16 West 57th Street, New York, 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
02/08/2019 Alteration type 3
01/23/2019 Alteration
01/23/2019 Alteration
01/22/2019 Alteration
01/22/2019 Alteration
01/22/2019 Alteration
11/20/2018 Alteration
05/17/2018 Alteration type 2
04/18/2018 Full demolition
02/24/2017 Alteration type 3
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Manhattan Commercial Market Stats

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

Median Price/Sqft Q1/2024
$605
-12.8% YoY
Median Price/Sqft Q4/2023
$672
-8.5% YoY
Median Price/Sqft 2023
$662
-6.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Grand Army Plaza & Central Park South at SW Corner
Station lines N-Q-R
Distance (miles) 0.11
View subway map
Bus Routes
Name W 57 ST/5 Av
Line M57
Distance (miles) 0.053

Neighbors for 16 West 57th Street, New York

Here are the neighbors for 16 West 57th Street, New York, NY 10019.

Address Square feet Purchase date Purchase price
50 W 57th St, New York 73,732 01/19/2006 $51,700,000
10 W 57th St, New York 81,174 12/09/2015 $6,967,907
15 W 56th St, New York 54,959 11/24/1998
24 W 57th St, New York 88,722 12/28/2016 $6,649,555
43 W 57th St, New York 04/12/2023
41 W 57th St, New York 04/12/2023
6 W 57th St, New York 15,500 10/01/1995
40 W 57th St, New York 712,000 11/01/2017 $28,050,000
56 W 57th St, New York 09/10/2003 $8,730,000
57 W 57th St, New York 143,914 10/28/2004 $25,000,000
45 W 57th St, New York 31,583 04/12/2023
11 W 56th St, New York 9,447 12/17/2015
17 W 56th St, New York 9,912 12/24/2009 $7,900,000
19 W 56th St, New York 09/06/2007 $15,000,000
29 W 56th St, New York 17,129 12/30/1986
30 W 57th St, New York 34,300 01/31/2008 $56,500,000
23 W 56th St, New York 9,925 11/15/2001
20 W 57th St, New York 07/18/2007 $60,000,000
52 W 57th St, New York 9,616 12/03/1998
720 5th Ave, New York 113,292 12/19/2023 $397,395,000
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