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516 West 159th Street, New York, NY 10032 Property Information

516 West 159th Street, New York, NY 10032 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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516 West 159th Street, New York, NY 10032 2
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Address

Primary address 516 West 159th Street
Secondary address 514-516 W 159th St
Neighborhood Washington Heights
Zip code 10032
Borough Manhattan
Block & lot 02117-0028

Sales & Tax Overview for 516 West 159th 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 06/12/2015
Purchase price $3,300,000
Tax class
Estimated property tax $67,959

Lot & Building Information for 516 West 159th Street, New York

Lot sq. ft. 4,163
Lot dimensions 41.67 ft x 99.92 ft
Property type Over Six Families without Stores (C1)
Building sqft 14,790
Building dimensions 42 ft x 85 ft
Buildings on lot 1
Stories 5
Year built 1913
Year last altered 1988
Construction type
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Zoning & Use for 516 West 159th Street, New York

Zoning
Residential units (DOF) 21
Regulatory status Rent stabilized
Stabilized units 21
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 6
Community district 12
Closest police station 0.36 Miles
Closest fire station 0.11 Miles

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

Other Property Data for 516 West 159th 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 516 West 159th Street, New York, NY 10032, 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 516 West 159th Street, New York, NY 10032, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 514-516 W 159th St, New York, NY 10032

About 516 West 159th Street, New York

What is the year built & the total sq. ft. for 516 West 159th Street, New York, NY 10032?

516 West 159th Street, New York, NY 10032 was built in 1913 and has a total of 14,790 square feet.

What is the assessed value of 516 West 159th Street, New York, NY 10032 and the property tax paid?

Assessed at $817,650, the tax amount paid for 516 West 159th Street, New York, NY 10032 is $47,810. For the next year, the tax amount for 516 West 159th Street, New York, NY 10032 is estimated at $67,959.

When was 516 West 159th Street, New York, NY 10032 last sold and what was the last sale price?

516 West 159th Street, New York, NY 10032 was last sold in 06/12/2015 for $3,300,000.

How many residential units does this building have?

This building has 21 residential unit(s).

Ownership Information for 516 West 159th Street, New York

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Property owner name for 516 West 159th Street, New York, NY 10032
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Building contacts for 516 West 159th Street, New York, NY 10032
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
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Past Sales & Property History for 516 West 159th Street, New York

Create a free account to view the complete sales history for 516 West 159th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/12/2015 $3,300,000
06/12/2015 $330,000
09/27/2012 $2,200,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 516 West 159th 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
07/01/2022 - R UCC3 Continuation
(2022062901497001)
12/10/2021 - R Initial UCC1
(2021121000384001)
03/02/2018 - R UCC3 Assignment
(2018030200675002)
03/02/2018 - R
02/27/2018 - D
Assignment, Mortgage
(2018030200675001)
11/21/2017 - R UCC3 Termination
(2017112100238002)
11/21/2017 - R Initial UCC1
(2017112000642008)
11/21/2017 - R
11/16/2017 - D
Termination of Assign of L&R
(2017112100238001)
11/21/2017 - R
11/16/2017 - D
Assignment, Mortgage
(2017112000642007)
11/21/2017 - R
11/16/2017 - D
Mortgage
(2017112000642006)
11/21/2017 - R
11/16/2017 - D
Agreement
(2017112000642002)
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R: Recorded date
D: Document date

Property Taxes for 516 West 159th Street, New York

Access detailed property tax data for 516 West 159th Street, New York, NY 10032. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $47,811
Estimated property tax: $67,959
Tax assessor's market value: $1,817,000
Assessed value: $817,650
Exemptions granted by city:

Assessment History for 516 West 159th Street, New York

Here's the assessment & property tax history for 516 West 159th 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 $1,817,000 $817,650 $384,360 12.439% $98,338 $47,811 +53.37%
2024/25 $1,922,000 $864,900 $249,380 12.5% $97,661 $31,173 +161.09%
2023/24 $1,855,000 $834,750 $95,500 12.502% $94,110 $11,939 +1.92%
2022/23 $1,702,000 $765,900 $95,500 12.267% $83,045 $11,715 +0.27%
2021/22 $1,488,000 $669,600 $95,500 12.235% $76,178 $11,684 +46.76%

Permits for 516 West 159th Street, New York

The complete history of permits filed for 516 West 159th 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
12/01/2015 Alteration type 2
02/11/1992 Alteration type 2
03/05/1991 Alteration type 1
07/20/1990 Alteration type 2
06/01/1990 Alteration type 2
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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)

Transportation

Distance to Subway
Closest station Amsterdam Ave & 161st St at SE Corner
Station lines C
Distance (miles) 0.119
View subway map

Neighbors for 516 West 159th Street, New York

Here are the neighbors for 516 West 159th Street, New York, NY 10032.

Address Square feet Purchase date Purchase price
503 W 158th St, New York 9,415 06/24/2009
528 W 159th St, New York 9,685 01/13/2026 $500
534 W 159th St, New York 9,685 01/14/2026 $500
504 W 159th St, New York 16,182 05/05/2015 $4,300,000
1984 Amsterdam Ave, New York 4,750
532 W 159th St, New York 9,685 01/14/2026 $500
536 W 159th St, New York 9,685 10/28/2025 $500
500 W 159th St, New York 26,034 06/19/1986
518 W 159th St, New York 19,500 09/25/2007 $439,824
1988 Amsterdam Ave, New York 6,133 12/15/1998
522 W 159th St, New York 7,192 03/11/2004 $1,045,704
524 W 159th St, New York 17,905 11/03/2022
508 W 159th St, New York 4,680 05/20/2022 $4,978,192
1982 Amsterdam Ave, New York 5,575
540 W 159th St, New York 12,465 06/24/2009
510 W 159th St, New York 3,936 10/11/2013 $342,000
530 W 159th St, New York 9,685 01/13/2026 $500
505 W 158th St, New York 9,415 09/10/2008
538 W 159th St, New York 9,685 10/28/2025 $500
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