Manhattan » 10027 » W 125th St » 523 W 125th St

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

Also known as: 523 W 125th St

Property image for 523 West 125th Street, New York, NY 10027

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

2,542

Sale price

$4,390,000

General information

Address

Primary address

523 West 125th Street

Alternate address(es)

523 Dr M L King JR Blvd
523 W Dr Martin Luther King JR Blvd

ZIP code

10027

Neighborhood

Harlem

Borough

Manhattan

Block & lot

01982-0015

Building

Property type

Unlicensed Parking Lot (G7)

Buildings on lot

Last altered

1988

Sales

Sale date

08/11/2023

Sale price

$4,390,000 - M

Tax

Tax year

2026-2027

Property tax

$6,727

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 125 Street (wide)

Distance to wide street

Lot dimensions

25.42 ft x 100 ft

Lot sq. ft.

2,542

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.01 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 523 West 125th 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 523 West 125th Street, New York, NY 10027

Sale date	Sale price	Buyer name	Seller name
08/11/2023	$4,390,000	XX XXXX XXXXX XXXXXX XXX	XXXXXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/20/2025 - R	Federal Lien, Other (2025111900574001)	XXXXXXXXX XXXXXX XXXXXXX XXX	XXXXXX XXXXXX XX XXXXXXX
08/17/2023 - R 08/11/2023 - D	Deed (2023081500770001)	XXXXXXX XXXXXX XXXX	XX XXXX XXXXX XXXXXX XXX
10/28/1982 - R 09/30/1982 - D	Deed (1360000017236)	XXXXXX XXXX XXXXXX XX	XXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 523 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

$6,727

Municipal exemptions

Recent tax assessments

Market value

$169,000

Assessed value

$76,050

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	$130,000	$58,500	$58,500	10.848%	$6,346	$6,346	-69.47%
2024/25	$454,000	$204,300	$193,140	10.762%	$20,786	$20,786	+1.65%
2023/24	$453,000	$203,850	$193,050	10.592%	$20,448	$20,448	+1.38%
2022/23	$421,000	$189,450	$189,450	10.646%	$20,169	$20,169	+14.80%
2021/22	$363,000	$163,350	$163,350	10.755%	$17,568	$17,568	-3.11%
2020/21	$455,000	$204,750	$169,560	10.694%	$18,133	$18,133	+17.88%
2019/20	$453,000	$203,850	$145,980	10.537%	$15,382	$15,382	+20.32%
2018/19	$423,000	$190,350	$121,590	10.514%	$12,784	$12,784	+21.71%
2017/18	$355,000	$159,750	$99,900	10.514%	$10,503	$10,503	+17.79%
2016/17	$198,000	$89,100	$84,330	10.574%	$8,917	$8,917	-3.65%

Permits

Permit information for 523 West 125th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/01/2024	Full demolition
05/24/2024	Alteration
05/22/2024	Full demolition
03/01/2023	Alteration
09/24/2007	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Manhattanville residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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 & Tiemann Pl at NE Corner

Station lines

Distance (miles)

0.107

View subway map

Access the detailed traffic volume map for 523 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 129 John H Finley	3	Yes	Public	PK, K-5	204	0.24
P.S. 129 John H Finley	3	Yes	Public	PK, K-5	204	0.24
Teachers College Community School	4	No	Public	PK, K-8	326	0.21
Teachers College Community School	4	No	Public	PK, K-8	326	0.21
Annunciation School	NR	No	Private	K-8	204	0.22
Success Academy Charter-Harlem 6	8	No	Charter	3-4	96	0.22
P.S. 125 Ralph Bunche	6	No	Public	PK, K-5	262	0.24
P.S. 125 Ralph Bunche	6	No	Public	PK, K-5	262	0.24
KIPP S.T.A.R. Charter School	7	No	Charter	K-8	740	0.24
P.S. 36 Margaret Douglas	4	No	Public	PK, K-5	268	0.26

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Urban Assembly Academy for Future Leaders	2	No	Public	6-8	73	0.10
Academy For Social Action A College Board School	NR	No	Public	8-12	85	0.11
Teachers College Community School	4	No	Public	PK, K-8	326	0.21
Annunciation School	NR	No	Private	K-8	204	0.22
SEED HARLEM	1	No	Public	6-7	127	0.24
Columbia Secondary School	8	No	Public	6-12	690	0.24
KIPP S.T.A.R. Charter School	7	No	Charter	K-8	740	0.24
Corpus Christi School	NR	No	Private	PK-8	170	0.32
P.S. 161 Pedro Albizu Campos	4	No	Public	K-8	493	0.32
New Design Middle School	3	No	Public	6-8	73	0.37

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Urban Assembly for the Performing Arts	3	No	Public	9-12	265	0.10
Academy For Social Action A College Board School	NR	No	Public	8-12	85	0.11
Columbia Secondary School	8	No	Public	6-12	690	0.24
Kipp Infinity Charter School	7	No	Charter	K-12	1,807	0.39
A Philip Randolph Campus High School	3	No	Public	9-12	1,289	0.44
Cooke School	NR	No	Private	K-12	315	0.45
Harlem Children's Zone Promise Academy Charter School	8	No	Charter	K-12	1,138	0.46
Democracy Prep Endurance Charter School	4	No	Charter	PK, K-3, 6-12	653	0.47
Mott Hall High School	2	No	Public	9-12	192	0.53
Eagle Academy For Young Men-Harlem	2	No	Public	6-12	210	0.53

Frequently asked questions

When was 523 West 125th Street, New York, NY 10027 last sold and what was the sale price?

523 West 125th Street, New York, NY 10027 was last sold on 08/11/2023 for $4,390,000.

What is the assessed value of 523 West 125th Street, New York, NY 10027?

523 West 125th Street, New York, NY 10027 is currently assessed at $76,050.

What are the property taxes for 523 West 125th Street, New York, NY 10027?

The property taxes for 523 West 125th Street, New York, NY 10027 total $6,726.

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.