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

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Address

Primary address	551 West 125th Street
Secondary address	551-553 W 125th St
Neighborhood	Harlem

Zip code	10027
Borough	Manhattan
Block & lot	01982-0104

Sales & Tax Overview for 551 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	09/09/2022
Purchase price	$4,420,290

Tax class	Register

Lot & Building Information for 551 West 125th Street, New York

Lot sq. ft.	3,050
Lot dimensions	37.92 ft x 75.08 ft
Property type	Home for Indigent Children, Aged, Homeless (N2)
Building sqft	9,960
Building dimensions	38 ft x 61 ft

Buildings on lot	1
Stories	5
Year built	1901
Year last altered	2005
Construction type	Register

Zoning & Use for 551 West 125th Street, New York

Zoning	Register
Qualified opportunity zone	Register
Residential units (DOF)	8
Commercial units	2

Area Overview

Walk Score

Transit Score

Bike Score

School district	5
Community district	9

Closest police station	0.01 Miles
Closest fire station	0.25 Miles

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

Other Property Data for 551 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 551 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 551 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.

551-553 W 125th St, New York, NY 10027
551-553 Dr M L King JR Blvd, New York, NY 10027

About 551 West 125th Street, New York

What is the year built & the total sq. ft. for 551 West 125th Street, New York, NY 10027?

551 West 125th Street, New York, NY 10027 was built in 1901 and has a total of 9,960 square feet.

What is the assessed value of 551 West 125th Street, New York, NY 10027?

The assessed market value for the current tax year is $1,925,550.

When was 551 West 125th Street, New York, NY 10027 last sold and what was the last sale price?

551 West 125th Street, New York, NY 10027 was last sold in 09/09/2022 for $4,420,290.

How many residential units does this building have?

This building has 8 residential unit(s) and 2 commercial spaces.

Ownership Information for 551 West 125th Street, New York

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Property owner name for 551 West 125th Street, New York, NY 10027

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Building contacts for 551 West 125th Street, New York, NY 10027

Building management:	Register
Representatives (from permits):	Register
Tenants:	Register

Commercial Real Estate nearby

Real Estate Reports:

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Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M

New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.

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Past Sales & Property History for 551 West 125th Street, New York

Create a free account to view the complete sales history for 551 West 125th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date	Purchase price	Buyer name	Seller name
09/09/2022	$4,420,290	Register	Register

Title Documents for 551 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
09/26/2022 - R	Initial UCC1 (2022092600197001)
09/09/2022 - D 09/21/2022 - R	Sundry Agreement (2022091900301007)
09/09/2022 - D 09/21/2022 - R	Assignment of Leases and Rents (2022091900301006)
09/09/2022 - D 09/21/2022 - R	Mortgage (2022091900301005)
09/09/2022 - D 09/21/2022 - R	Mortgage (2022091900301004)
09/09/2022 - D 09/21/2022 - R	Declaration (2022091900301003)
09/09/2022 - D 09/21/2022 - R	Memorandum of Lease (2022091900301002)
09/09/2022 - D 09/21/2022 - R	Deed (2022091900301001)
03/16/1989 - R	Deed (1390000294139)
04/27/1977 - R	Deed (FT_1120008574212)

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R: Recorded date
D: Document date

Property Taxes for 551 West 125th Street, New York

Access detailed property tax data for 551 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:	$0

Tax assessor's market value:	$4,279,000
Assessed value:	$1,925,550
Exemptions granted by city:	Register

More about New York City Property Taxes

Assessment History for 551 West 125th Street, New York

Here's the assessment & property tax history for 551 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	$4,279,000	$1,925,550	$0	10.848%	$196,182	$0	n/a
2024/25	$4,216,000	$1,897,200	$0	10.762%	$195,818	$0	n/a
2023/24	$4,131,000	$1,858,950	$1,824,570	10.592%	$193,258	$193,258	n/a
2022/23	$3,895,000	$1,752,750	$0	10.646%	$186,598	$0	n/a
2021/22	$3,573,000	$1,607,850	$0	10.755%	$172,924	$0	n/a

Permits for 551 West 125th Street, New York

The complete history of permits filed for 551 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
08/10/2023	Alteration
08/04/2023	Alteration
08/03/2023	Alteration
07/18/2023	Alteration
04/26/2023	Alteration
04/12/2023	Alteration
03/22/2023	Alteration
03/01/2023	Alteration
02/22/2023	Alteration
02/02/2023	Alteration

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More about New York City Property Records

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

Broadway & 125th St at SW Corner

Station lines

Distance (miles)

0.057

View subway map

Bus Routes
Name	W 125 St/Old Broadway
Line	M104
Distance (miles)	0.014

Neighbors for 551 West 125th Street, New York

Here are the neighbors for 551 West 125th Street, New York, NY 10027.

Address	Square feet	Purchase date	Purchase price
503 W 126th St, New York	6,075	09/19/1978
566 W 126th St, New York	19,255	11/28/2018	$34,300,000
1414 Amsterdam Ave, New York	1,291,359	07/15/2013	$26,472,528
3260 Broadway, New York	1,950	02/08/2012	$987,160
3200 Broadway, New York	34,068	06/17/1991
500-524 W 129th St, New York	5,632
556 W 126th St, New York	16,266	11/28/2018	$34,300,000
567 W 125th St, New York	21,768	08/04/2025	$7,275,000
11 Old Broadway, New York	9,586	07/16/2009	$1,600,000
509 W 129th St, New York	76,174
555 W 131st St, New York	7,800	07/22/2004	$1,690,000
560 W 126th St, New York	16,266	11/28/2018	$34,300,000
1440 Amsterdam Ave, New York	468,706	08/31/2023	$5,050,000
3270 Broadway, New York	6,400	06/28/2007	$10,420,800
521 W 126th St, New York	15,198
550 W 126th St, New York	5,270	01/01/1996
16 Old Broadway, New York	17,340	12/15/2005	$10
565 W 125th St, New York	26,430	02/28/2011	$5,000
12 Old Broadway, New York	16,598	09/05/1985
575 W 131st St, New York	28,000	03/31/2004