New York City  »  10027  »  W 125th St  »  551 W 125th St

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

Also known as: 551 W 125th St

Property image for 551 West 125th Street, New York, NY 10027
static Mapbox map

Property type

Home for Indigent Children, Aged, Homeless (N2)

Year built

1901

Lot sq. ft.

3,050

Sale price

$4,420,290

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
551 West 125th Street
Alternate address(es)
551-553 Dr M L King JR Blvd
551-553 W 125th St
551 W Dr Martin Luther King JR Blvd
ZIP code
10027
Neighborhood
Harlem
Borough
Manhattan
Block & lot
01982-0104

Owner

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Building
Property type
Home for Indigent Children, Aged, Homeless (N2)
Building sq. ft.
9,960
Building dimensions
38 ft x 61 ft
Buildings on lot
1
Stories
5
Year built
1901
Last altered
2005
Building material
Sales
Sale date
09/09/2022
Sale price
$4,420,290
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Commercial units
2
Lot
Lot dimensions
37.92 ft x 75.08 ft
Lot sq. ft.
3,050

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
5
Community district
9
Closest police station
0.01 Miles
Closest fire station
0.25 Miles

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

Ownership

Ownership information for 551 West 125th Street, New York, NY

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

Sales history for 551 West 125th Street, New York, NY 10027

Sale date Sale price Buyer name Seller name
09/09/2022 $4,420,290 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXX XXX XXXXXXXX XXXXX, XXX. XXX XXX XXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/26/2022 - R Initial UCC1
(2022092600197001)		 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXX XXXX XXXX XXX XXXX X X XX XXXXXXX XX XXX XXXXX XXXXXX (XXX
09/21/2022 - R
09/09/2022 - D		 Sundry Agreement
(2022091900301007)		 XXXXX XXXXXX XXXXXXXXXXXXXX XXXXXXXXXXX XXXXX XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX
09/21/2022 - R
09/09/2022 - D		 Assignment of Leases and Rents
(2022091900301006)		 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXXXXX XXXXXXXXXXXXXX XXXXXXXXXXX XXXXX
09/21/2022 - R
09/09/2022 - D		 Mortgage
(2022091900301005)		 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXXXXX XXXXXXXXXXXXXX XXXXXXXXXXX XXXXX
09/21/2022 - R
09/09/2022 - D		 Mortgage
(2022091900301004)		 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXXXXX XXXXXXXXXXXXXX XXXXXXXXXXX XXXXX
09/21/2022 - R
09/09/2022 - D		 Declaration
(2022091900301003)		 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX
09/21/2022 - R
09/09/2022 - D		 Memorandum of Lease
(2022091900301002)		 XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXX XXXXXX XXX
09/21/2022 - R
09/09/2022 - D		 Deed
(2022091900301001)		 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXX
03/16/1989 - R Deed
(1390000294139)		 XXXX XX XXX XXXX XXX XXXXXXXX XXX XXX
04/27/1977 - R Deed
(FT_1120008574212)		 XXXXXXX XXXXX XXXX XX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 551 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
Municipal exemptions
Recent tax assessments
Market value
$4,385,000
Assessed value
$1,973,250

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 $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
2020/21 $4,402,000 $1,980,900 $0 10.694% $195,485 $0 n/a
2019/20 $4,272,000 $1,922,400 $0 10.537% $183,796 $0 n/a
2018/19 $4,105,000 $1,847,250 $0 10.514% $173,762 $0 n/a
2017/18 $3,866,000 $1,739,700 $0 10.514% $163,429 $0 n/a
2016/17 $3,666,000 $1,649,700 $0 10.574% $154,968 $0 n/a
Permits

Permit information for 551 West 125th Street, New York, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
02/09/2008 C-construction
05/04/1998 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Broadway & 125th St at SW Corner
Station lines
1
Distance (miles)
0.057
View subway map

Access the detailed traffic volume map for 551 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

Neighbors for 551 West 125th Street, New York, NY

503 W 126th St, New York 566 W 126th St, New York 1414 Amsterdam Ave, New York 3260 Broadway, New York 3200 Broadway, New York 500-524 W 129th St, New York 556 W 126th St, New York 567 W 125th St, New York 11 Old Broadway, New York 509 W 129th St, New York 555 W 131st St, New York 560 W 126th St, New York 1440 Amsterdam Ave, New York 3270 Broadway, New York 521 W 126th St, New York 550 W 126th St, New York 16 Old Broadway, New York 565 W 125th St, New York 12 Old Broadway, New York 575 W 131st St, New York

Nearby ZIP codes for 551 West 125th Street, New York, NY

07010, Bergen County, NJ 07020, Bergen County, NJ 07024, Bergen County, NJ 10024, New York City, NY 10025, New York City, NY 10026, New York City, NY 10028, New York City, NY 10029, New York City, NY 10030, New York City, NY 10031, New York City, NY 10032, New York City, NY 10035, New York City, NY 10037, New York City, NY 10039, New York City, NY 10075, New York City, NY 10115, New York City, NY 10128, New York City, NY 10451, New York City, NY 10452, New York City, NY 10454, New York City, NY

Frequently asked questions

What is the year built for 551 West 125th Street, New York, NY 10027?

The development at 551 West 125th Street, New York, NY 10027 was built in 1901.

What is the total square footage of 551 West 125th Street, New York, NY 10027?

551 West 125th Street, New York, NY 10027 has a total of 9,960 square feet.

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

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

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

551 West 125th Street, New York, NY 10027 is currently assessed at $1,973,250.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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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.

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