New York City » 10027 » Riverside Dr » 550 Riverside Dr

550 Riverside Drive, New York, NY 10027 - Property report

Also known as: 550 Riverside Dr

Property image for 550 Riverside Drive, New York, NY 10027

Property type

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

Year built

1926

Lot sq. ft.

13,513

Sale price

$18,386,667

General information

Address

Primary address

550 Riverside Drive

Alternate address(es)

71-79 Tiemann Pl

ZIP code

10027

Neighborhood

Morningside Heights

Borough

Manhattan

Block & lot

01995-0001

Building

Property type

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

Building sq. ft.

58,560

Building dimensions

87 ft x 121 ft

Buildings on lot

Stories

Year built

1926

Last altered

1986

Sales

Sale date

05/21/2013

Sale price

$18,386,667

Tax

Tax year

2026-2027

Property tax

$301,933

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)

Riverside Drive (wide)
Tiemann Place (wide)
Riverside Drive (narrow)

Distance to wide street

Lot dimensions

86.5 ft x 146 ft

Lot sq. ft.

13,513

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

51 /100. Bikeable

School district

Community district

Closest police station

0.17 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 550 Riverside Drive, 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 550 Riverside Drive, New York, NY 10027

Sale date	Sale price	Buyer name	Seller name
05/21/2013	$18,386,667	XXX XXXXXXXXX XX. XXX	XXX XXXXXXXXX XXXXX, XXX
06/30/2004	$6,525,000	XXX XXXXXXXXX XXXXX XXX	XXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/07/2020 - R	Initial UCC1 (2020093000709005)	XXX XXXXXXXXX XX XXX	XXXXX XXXX XXX XXXXXXX
10/07/2020 - R	UCC3 Termination (2020093000709004)	XXX XXXXXXXXX XX XXX	XXXXXXX XXXXXX XXXX
10/07/2020 - R 09/24/2020 - D	Assignment of Leases and Rents (2020093000709003)	XXX XXXXXXXXX XX XXX	XXXXX XXXX XXX XXXXXXX
10/07/2020 - R 09/24/2020 - D	Agreement (2020093000709002)	XXX XXXXXXXXX XX XXX	XXXXX XXXX XXX XXXXXXX
10/07/2020 - R 09/24/2020 - D	Assignment, Mortgage (2020093000709001)	XXXXXXX XXXXXX XXXX	XXXXX XXXX XXX XXXXXXX
04/02/2018 - R	UCC3 Continuation (2018040200091001)	XXX XXXXXXXXX XX XXX	XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/27/2013 - R	UCC3 Termination (2013052900669006)	XXX XXXXXXXXX XX XXX	XXXXXXXXXXX XXXX
05/30/2013 - R	Initial UCC1 (2013052201393001)	XXX XXXXXXXXX XX XXX	XXXXXXX XXXXXX XXXX
06/27/2013 - R 05/21/2013 - D	Agreement (2013052900669005)	XXX XXXXXXXXX XX XXX	XXXXXXX XXXXXX XXXX
06/27/2013 - R 05/21/2013 - D	Mortgage (2013052900669004)	XXX XXXXXXXXX XX XXX	XXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 550 Riverside Drive, 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

$301,933

Municipal exemptions

Recent tax assessments

Market value

$6,334,000

Assessed value

$2,850,300

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	$5,740,000	$2,583,000	$2,269,180	12.439%	$282,263	$282,263	+0.63%
2024/25	$5,692,000	$2,561,400	$2,243,860	12.5%	$280,483	$280,483	+3.33%
2023/24	$4,825,000	$2,171,250	$2,171,250	12.502%	$271,450	$271,450	+4.67%
2022/23	$5,030,000	$2,263,500	$2,254,630	12.267%	$276,575	$259,348	+10.47%
2021/22	$4,577,000	$2,059,650	$2,059,650	12.235%	$251,998	$234,771	-12.80%
2020/21	$5,632,000	$2,534,400	$2,194,880	12.267%	$269,246	$269,246	+2.68%
2019/20	$5,537,000	$2,491,650	$2,102,230	12.473%	$262,211	$262,211	+6.95%
2018/19	$5,366,000	$2,414,700	$1,943,900	12.612%	$245,165	$245,165	-0.03%
2017/18	$5,680,000	$2,556,000	$1,928,160	12.719%	$245,243	$245,243	+9.46%
2016/17	$4,944,000	$2,224,800	$1,737,920	12.892%	$224,053	$224,053	+6.61%

Permits

Permit information for 550 Riverside Drive, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
12/30/2025	Alteration
12/30/2025	Alteration
12/10/2025	Alteration
12/04/2025	Alteration
08/12/2024	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
	02/14/2026	A
	02/14/2026	A
	02/14/2026	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 & 125th St at SW Corner

Station lines

Distance (miles)

0.088

View subway map

Access the detailed traffic volume map for 550 Riverside Drive, 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	0.40
P.S. 36 Margaret Douglas	4	Yes	Public	PK, K-5	268	0.40
P.S. 125 Ralph Bunche	6	Yes	Public	PK, K-5	262	0.42
P.S. 125 Ralph Bunche	6	Yes	Public	PK, K-5	262	0.42
The Riverside Church Weekday School	NR	No	Private	PK-K	19	0.33
The Riverside Church Weekday School	NR	No	Private	PK-K	19	0.33
Corpus Christi School	NR	No	Private	PK-8	170	0.35
Corpus Christi School	NR	No	Private	PK-8	170	0.35
Annunciation School	NR	No	Private	K-8	204	0.36
Success Academy Charter-Harlem 6	8	No	Charter	3-4	96	0.36

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	0.23
Academy For Social Action A College Board School	NR	No	Public	8-12	85	0.24
New Design Middle School	3	No	Public	6-8	73	0.30
Corpus Christi School	NR	No	Private	PK-8	170	0.35
Annunciation School	NR	No	Private	K-8	204	0.36
Kipp Infinity Charter School	7	No	Charter	K-12	1,807	0.36
Cooke School	NR	No	Private	K-12	315	0.41
KIPP S.T.A.R. Charter School	7	No	Charter	K-8	740	0.41
Columbia Secondary School	8	No	Public	6-12	690	0.42
P.S. 161 Pedro Albizu Campos	4	No	Public	K-8	493	0.42

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	0.23
Academy For Social Action A College Board School	NR	No	Public	8-12	85	0.24
Kipp Infinity Charter School	7	No	Charter	K-12	1,807	0.36
Cooke School	NR	No	Private	K-12	315	0.41
Columbia Secondary School	8	No	Public	6-12	690	0.42
A Philip Randolph Campus High School	3	No	Public	9-12	1,289	0.55
Harlem Children's Zone Promise Academy Charter School	8	No	Charter	K-12	1,138	0.67
Eagle Academy For Young Men-Harlem	2	No	Public	6-12	210	0.68
Mott Hall High School	2	No	Public	9-12	192	0.68
Democracy Prep Endurance Charter School	4	No	Charter	PK, K-3, 6-12	653	0.69

Frequently asked questions

What is the year built for 550 Riverside Drive, New York, NY 10027?

The development at 550 Riverside Drive, New York, NY 10027 was built in 1926.

What is the total square footage of 550 Riverside Drive, New York, NY 10027?

550 Riverside Drive, New York, NY 10027 has a total of 58,560 square feet.

When was 550 Riverside Drive, New York, NY 10027 last sold and what was the sale price?

550 Riverside Drive, New York, NY 10027 was last sold on 05/21/2013 for $18,386,667.

What is the assessed value of 550 Riverside Drive, New York, NY 10027?

550 Riverside Drive, New York, NY 10027 is currently assessed at $2,850,300.

What are the property taxes for 550 Riverside Drive, New York, NY 10027?

The property taxes for 550 Riverside Drive, New York, NY 10027 total $301,933.

How many residential units does this building have?

This building has 50 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.