New York City » 10027 » W 121st St » 523 W 121st St

Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027 - Property report

Also known as: 523 W 121st St

Property image for Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1926

Lot sq. ft.

6,728

General information

Address

Building name

Spencer Apartments INC.

Primary address

Spencer Apartments INC. - 523 West 121st Street

Alternate address(es)

523-525 W 121st St

ZIP code

10027

Neighborhood

Morningside Heights

Borough

Manhattan

Block & lot

01976-0013

Building

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Building sq. ft.

28,668

Building dimensions

67 ft x 86 ft

Buildings on lot

Stories

Year built

1926

Last altered

1987

Tax

Tax year

2026-2027

Property tax

$179,018

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

West 121 Street (narrow)

Nearest wide street

West 122 Street

Distance to wide street

Lot dimensions

66.67 ft x 100.92 ft

Lot sq. ft.

6,728

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.30 Miles

Closest fire station

0.28 Miles

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

Units for Spencer Apartments INC. - 523 West 121st Street, New York, NY

Unit	Sale date	Sq. ft.
Unit 1	12/06/2022
Unit 2	06/20/2013
Unit 21	12/12/2007
Unit 23	08/23/2011	1,200
Unit 3	03/23/2005
Unit 31	01/16/2024
Unit 32	06/27/2011
Unit 33	07/28/2011	1,200
Unit 41
Unit 42	01/25/2008	1,000
Unit 43	07/31/2025
Unit 44	08/23/2004	1,500
Unit 51	10/23/2013
Unit 52	02/02/2017
Unit 53
Unit 54
Unit 62	02/23/2015	1,000
Unit 63
Unit 64	04/06/2006	1,400

Ownership

Ownership information for Spencer Apartments INC. - 523 West 121st Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/05/2025 - R 08/28/2025 - D	Asgn of Asgn of L&R (2025090400855012)	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX	XXXXXXXX XXXXXXXXXXX XXXX X X
09/05/2025 - R 08/28/2025 - D	Assignment, Mortgage (2025090400855011)	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX	XXXXXXXX XXXXXXXXXXX XXXX X X
09/05/2025 - R 08/28/2025 - D	Assignment of Leases and Rents (2025090400855010)	XXXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/05/2025 - R 08/28/2025 - D	Mortgage (2025090400855009)	XXXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/05/2025 - R 08/28/2025 - D	Asgn of Asgn of L&R (2025090400855008)	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX	XXXXXXXX XXXXXXXXXXX XXXX X X
09/05/2025 - R 08/28/2025 - D	Assignment, Mortgage (2025090400855007)	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX	XXXXXXXX XXXXXXXXXXX XXXX X X
09/05/2025 - R 08/28/2025 - D	Assignment of Leases and Rents (2025090400855006)	XXXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/05/2025 - R 08/28/2025 - D	Mortgage (2025090400855005)	XXXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/05/2025 - R 08/28/2025 - D	Termination of Assign of L&R (2025090400855004)	XXXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/05/2025 - R 08/28/2025 - D	Satisfaction of Mortgage (2025090400855003)	XXXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Spencer Apartments INC. - 523 West 121st 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

$179,018

Municipal exemptions

Recent tax assessments

Market value

$4,163,000

Assessed value

$1,873,350

More about New York City property taxes

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	$3,920,000	$1,764,000	$1,620,660	12.439%	$203,303	$168,913	+0.62%
2024/25	$3,782,000	$1,701,900	$1,601,080	12.5%	$202,016	$167,865	-1.03%
2023/24	$4,009,000	$1,804,050	$1,611,780	12.502%	$204,321	$169,620	+5.58%
2022/23	$3,454,000	$1,554,300	$1,531,610	12.267%	$190,666	$160,663	+6.42%
2021/22	$3,304,000	$1,486,800	$1,456,400	12.235%	$181,910	$150,971	-23.67%
2020/21	$3,717,000	$1,672,650	$1,612,320	12.267%	$201,397	$197,783	-0.81%
2019/20	$4,487,000	$2,019,150	$1,598,700	12.473%	$202,977	$199,406	+8.17%
2018/19	$4,282,000	$1,926,900	$1,461,730	12.612%	$188,440	$184,353	+11.05%
2017/18	$3,940,000	$1,773,000	$1,305,250	12.719%	$170,129	$166,015	+9.80%
2016/17	$3,703,000	$1,666,350	$1,172,820	12.892%	$155,512	$151,200	+6.76%

Permits

Permit information for Spencer Apartments INC. - 523 West 121st Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/01/2025	Alteration
09/12/2024	Alteration
08/08/2024	Alteration
10/18/2023	Alteration
06/05/2023	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/29/2026	A
	03/16/2023	A
	02/16/2022	A

*Most recent HPD violations on record for this property.

Neighborhood

Morningside Heights residential market stats

Access a detailed real estate market overview of Morningside Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Morningside Heights and compare it to other neighborhoods in Manhattan.

Median sale price

$770,000

-0.6% Y-o-Y

Median price/sq. ft.

$1,580

18.7% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Broadway & 116th St at NE Corner

Station lines

Distance (miles)

0.25

View subway map

Access the detailed traffic volume map for Spencer Apartments INC. - 523 West 121st 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 36 Margaret Douglas	4	Yes	Public	PK, K-5	268	0.15
P.S. 36 Margaret Douglas	4	Yes	Public	PK, K-5	268	0.15
P.S. 125 Ralph Bunche	6	Yes	Public	PK, K-5	262	0.22
P.S. 125 Ralph Bunche	6	Yes	Public	PK, K-5	262	0.22
Corpus Christi School	NR	No	Private	PK-8	170	0.04
Corpus Christi School	NR	No	Private	PK-8	170	0.04
The Riverside Church Weekday School	NR	No	Private	PK-K	19	0.16
The Riverside Church Weekday School	NR	No	Private	PK-K	19	0.16
Cooke School	NR	No	Private	K-12	315	0.20
KIPP S.T.A.R. Charter School	7	No	Charter	K-8	740	0.20

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Corpus Christi School	NR	No	Private	PK-8	170	0.04
Cooke School	NR	No	Private	K-12	315	0.20
KIPP S.T.A.R. Charter School	7	No	Charter	K-8	740	0.20
Columbia Secondary School	8	No	Public	6-12	690	0.22
P.S. 180 Hugo Newman	5	No	Public	PK, K-8	338	0.32
Teachers College Community School	4	No	Public	PK, K-8	326	0.37
St Hilda's & St Hugh's School	NR	No	Private	PK, K-8	375	0.39
New York French American Charter School	6	No	Charter	PK, K-8	275	0.39
Urban Assembly Academy for Future Leaders	2	No	Public	6-8	73	0.41
Academy For Social Action A College Board School	NR	No	Public	8-12	85	0.41

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Cooke School	NR	No	Private	K-12	315	0.20
Columbia Secondary School	8	No	Public	6-12	690	0.22
Urban Assembly for the Performing Arts	3	No	Public	9-12	265	0.41
Academy For Social Action A College Board School	NR	No	Public	8-12	85	0.41
Democracy Prep Endurance Charter School	4	No	Charter	PK, K-3, 6-12	653	0.59
Mt Pleasant Christian Academy	NR	No	Private	PK, K-12	21	0.63
Harlem Children's Zone Promise Academy Charter School	8	No	Charter	K-12	1,138	0.64
Frederick Douglas Academy II Secondary School	3	No	Public	6-12	324	0.65
Wadleigh Secondary School for the Performing and Visual Arts	4	No	Public	6-12	353	0.65
Kipp Infinity Charter School	7	No	Charter	K-12	1,807	0.67

Neighbors for Spencer Apartments INC. - 523 West 121st Street, New York, NY

530 W 120th St, New York 1220 Amsterdam Ave, New York 525 W 120th St, New York 1254 Amsterdam Ave, New York 502 W 122nd St, New York 529 W 121st St, New York 535 W 121st St, New York 517 W 121st St, New York 509 W 121st St, New York 506 W 122nd St, New York 496 W 133rd St, New York 519 W 121st St, New York 503 W 121st St, New York 527 W 121st St, New York 501 W 121st St, New York 514 W 122nd St, New York 499 W 133rd St, New York 512 W 122nd St, New York 1501 Amsterdam Ave, New York

Frequently asked questions

What is the year built for Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027?

The development at Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027 was built in 1926.

What is the total square footage of Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027?

Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027 has a total of 28,668 square feet.

What is the assessed value of Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027?

Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027 is currently assessed at $1,873,350.

What are the property taxes for Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027?

The property taxes for Spencer Apartments INC. - 523 West 121st Street, New York, NY 10027 total $211,267.

How many residential units does this building have?

This building has 24 residential unit(s).

Disclaimer

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.