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261 West 125th Street, New York, NY 10027 Property Information

261 West 125th Street, New York, NY 10027 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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261 West 125th Street, New York, NY 10027 2
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Address

Primary address 261 West 125th Street
Secondary address 261-269 W 125th St
Neighborhood Harlem
Zip code 10027
Borough Manhattan
Block & lot 01931-0006

Sales & Tax Overview for 261 West 125th 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 05/27/2008
Purchase price $5,823,200
Tax class
Estimated property tax $264,013

Lot & Building Information for 261 West 125th Street, New York

Lot sq. ft. 9,992
Lot dimensions 100 ft x 99.92 ft
Property type Multi-Story Retail Building (2 or More) (K2)
Building sqft 29,976
Building dimensions 100 ft x 99.92 ft
Buildings on lot 1
Stories 2
Year built 2013
Construction type
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Zoning & Use for 261 West 125th Street, New York

Zoning
Qualified opportunity zone
Commercial units 4
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 5
Community district 10
Closest police station 0.13 Miles
Closest fire station 0.24 Miles

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

Other Property Data for 261 West 125th 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 261 West 125th Street, New York, NY 10027, 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 261 West 125th Street, New York, NY 10027, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 261-269 W 125th St, New York, NY 10027
  • 261-269 Dr M L King JR Blvd, New York, NY 10027

About 261 West 125th Street, New York

How many sq. ft. does 261 West 125th Street, New York, NY 10027 have & what is the price per sq. ft?

This Multi-Story Retail Building (2 or More) (K2) located at 261 West 125th Street, New York, NY 10027 has a total of 29,976 square feet and a current price per square foot of $194.

What is the year built & the current market value of 261 West 125th Street, New York, NY 10027?

261 West 125th Street, New York, NY 10027 was built in 2013 and has a current tax assessor's market value of $17,289,000.

How many commercial spaces does this building have?

This building has 4 commercial spaces available for lease.

Ownership Information for 261 West 125th Street, New York

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Property owner name for 261 West 125th Street, New York, NY 10027
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Building contacts for 261 West 125th Street, New York, NY 10027
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 261 West 125th Street, New York

Create a free account to view the complete sales history for 261 West 125th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/27/2008 $5,823,200

Title Documents for 261 West 125th 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
01/31/2025 - D
02/04/2025 - R
Agreement
(2025020300557001)
12/27/2014 - R Initial UCC1
(2014121800223003)
12/08/2014 - D
12/27/2014 - R
Agreement
(2014121800223004)
12/08/2014 - D
12/27/2014 - R
Assignment of Leases and Rents
(2014121800223002)
12/08/2014 - D
12/27/2014 - R
Mortgage
(2014121800223001)
05/21/2013 - D
09/30/2013 - R
Memorandum of Lease
(2013072300937001)
10/20/2011 - D
05/12/2014 - R
Agreement
(2014050100409002)
10/20/2011 - D
05/12/2014 - R
Agreement
(2014050100409001)
05/27/2008 - D
03/03/2009 - R
Mortgage
(2009022701037001)
05/27/2008 - D
06/02/2008 - R
Deed
(2008052800365001)
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R: Recorded date
D: Document date

Property Taxes for 261 West 125th Street, New York

Access detailed property tax data for 261 West 125th Street, New York, NY 10027. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $280,745
Estimated property tax: $264,013
Tax assessor's market value: $17,289,000
Assessed value: $7,780,050
Exemptions granted by city:

Assessment History for 261 West 125th Street, New York

Here's the assessment & property tax history for 261 West 125th 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
2025/26 $17,289,000 $7,780,050 $2,587,990 10.848% $749,335 $280,745 -7.64%
2024/25 $17,548,000 $7,896,600 $2,824,600 10.762% $768,859 $303,983 +27.84%
2023/24 $14,588,000 $6,564,600 $2,245,000 10.592% $695,322 $237,790 -55.51%
2022/23 $13,906,000 $6,257,700 $5,020,200 10.646% $666,195 $534,450 +3.50%
2021/22 $13,420,000 $6,039,000 $4,801,500 10.755% $649,494 $516,401 -31.74%

Permits for 261 West 125th Street, New York

The complete history of permits filed for 261 West 125th 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
11/22/2021 Alteration
02/06/2018 Alteration
10/06/2017 Alteration type 3
06/21/2017 Alteration type 2
06/21/2017 Alteration type 2
06/21/2017 Alteration type 2
06/21/2017 Alteration type 2
05/02/2017 Alteration type 2
05/02/2017 Alteration type 2
05/02/2017 Alteration type 2
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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 Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station Saint Nicholas Ave & 125th St at NE Corner
Station lines A-B-C-D
Distance (miles) 0.119
View subway map
Bus Routes
Name W 125 St/Fred Douglass Bl
Line M101
Distance (miles) 0.028

Neighbors for 261 West 125th Street, New York

Here are the neighbors for 261 West 125th Street, New York, NY 10027.

Address Square feet Purchase date Purchase price
243 W 125th St, New York 21,723 10/27/1980
260 W 126th St, New York 7,494
2346 Frederick Douglass Blvd, New York 3,500 07/17/1995
264 W 125th St, New York 21,976 07/25/2002
256 W 125th St, New York 42,501 12/09/1988
239 W 125th St, New York 9,496 06/02/2015
2100-2106 Adam Clayton Powell JR Blvd, New York 33,740 05/30/2002
268 W 125th St, New York 5,046 10/23/2025 $5,125,000
260 W 125th St, New York 10,540 12/27/1974
246 W 125th St, New York 6,545 02/13/2017 $17,800,000
215 W 125th St, New York 170,841 06/26/2015 $117,000,000
226 W 125th St, New York 19,597 10/09/1998
250 W 125th St, New York 2,375 05/16/2024 $6,300,000
219 W 125th St, New York 11,500 10/31/2006 $8,900,000
2108-2118 Adam Clayton Powell JR Blvd, New York 85,005 02/18/2014 $21,500,000
253 W 125th St, New York 59,020 03/28/1988
252 W 125th St, New York 4,796 04/22/1999
230 W 125th St, New York 45,371 01/29/1998
222 W 125th St, New York 15,678 10/09/1998
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