Manhattan  »  10027  »  W 125th St  »  243 W 125th St

243 West 125th Street, New York, NY 10027 - Property report

Also known as: 243 W 125th St

Property image for 243 West 125th Street, New York, NY 10027
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Property type

Predominant Retail with Other Uses (K4)

Year built

1910

Lot sq. ft.

7,494

General information

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Address
Primary address
243 West 125th Street
Alternate address(es)
243-251 W 125th St
243 W Dr Martin Luther King JR Blvd
ZIP code
10027
Neighborhood
Harlem
Borough
Manhattan
Block & lot
01931-0012

Owner

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Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
23,300
Building dimensions
75 ft x 100 ft
Buildings on lot
1
Stories
4
Year built
1910
Building material
Tax
Tax year
2026-2027
Property tax
$244,562
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 99.92 ft
Lot sq. ft.
7,494

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
5
Community district
10
Closest police station
0.14 Miles
Closest fire station
0.27 Miles

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Ownership information for 243 West 125th Street, New York, NY

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

Sales history for 243 West 125th Street, New York, NY 10027

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/24/1992 - R Initial UCC1
(1330003767933)
XXXXXX XXXXX XXXXXXXXXXXXXXXXXX XXXXXXXXXX XXXX XX XXXXX XX XXXXXX
01/17/1990 - R Satisfaction of Mortgage
(1240000330224)
XXXXX XXXXX XXXXXXXXXXX XXXXXXXX XXXX
10/27/1980 - R Mortgage
(1970008631997)
XXXXXXXX XXXX
10/27/1980 - R Deed
(1960008631996)
XXXXXXXX XXXX
03/02/1978 - R Easement
(1260008586926)
XXXXXXXX XXXX XXX X XXX XX XXXXXXXXXX
10/23/1973 - R Deed
(1280008527828)
XXXXXXX XXX XXXXXXXX XXXX
05/27/1968 - R Deed
(1400008690840)
XXXXXX XXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 243 West 125th Street, 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
$244,562
Municipal exemptions
Recent tax assessments
Market value
$5,721,000
Assessed value
$2,574,450

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 $4,995,000 $2,247,750 $2,168,460 10.848% $235,235 $235,235 -0.85%
2024/25 $4,899,000 $2,204,550 $2,204,550 10.762% $237,254 $237,254 -6.65%
2023/24 $5,332,000 $2,399,400 $2,399,400 10.592% $254,144 $254,144 +3.47%
2022/23 $5,127,000 $2,307,150 $2,307,150 10.646% $245,619 $245,619 -7.61%
2021/22 $5,493,000 $2,471,850 $2,471,850 10.755% $265,847 $265,847 -6.03%
2020/21 $7,195,000 $3,237,750 $2,645,570 10.694% $282,917 $282,917 +4.89%
2019/20 $6,868,000 $3,090,600 $2,559,740 10.537% $269,720 $269,720 +4.53%
2018/19 $6,684,000 $3,007,800 $2,454,180 10.514% $258,032 $258,032 +9.31%
2017/18 $5,339,000 $2,402,550 $2,245,200 10.514% $236,060 $236,060 +7.29%
2016/17 $5,339,000 $2,402,550 $2,080,680 10.574% $220,011 $220,011 +5.22%

Permit information for 243 West 125th Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/01/2021 Alteration
09/18/2019 Alteration type 3
03/13/2018 Alteration
03/08/2018 Alteration type 2
05/25/2016 Alteration type 3

*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
04/25/2023 Lblvio-low pressure boiler boiler required
05/15/2014 Lblvio-low pressure boiler

*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
6

Subway & traffic

Closest station
Saint Nicholas Ave & 125th St at NE Corner
Station lines
A-B-C-D
Distance (miles)
0.145

Access the detailed traffic volume map for 243 West 125th Street, New York, NY 10027 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 243 West 125th Street, New York, NY 10027?

The development at 243 West 125th Street, New York, NY 10027 was built in 1910.

What is the market value of 243 West 125th Street, New York, NY 10027?

The current market value of 243 West 125th Street, New York, NY 10027 is $5,721,000.

What is the total square footage of 243 West 125th Street, New York, NY 10027?

243 West 125th Street, New York, NY 10027 has a total of 23,300 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 18.

Disclaimer

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