Manhattan » 10032 » W 161st St » 551 W 161st St

551 West 161st Street, New York, NY 10032 - Property report

Also known as: 551 W 161st St

Property image for 551 West 161st Street, New York, NY 10032

Property type

Old Law Tenement (C4)

Year built

1910

Lot sq. ft.

1,890

Sale price

$1,125,000

General information

Address

Primary address

551 West 161st Street

ZIP code

10032

Neighborhood

Washington Heights

Borough

Manhattan

Block & lot

02120-0055

Building

Property type

Old Law Tenement (C4)

Building sq. ft.

4,376

Building dimensions

18.92 ft x 66 ft

Buildings on lot

Stories

Year built

1910

Last altered

2016

Building material

Sales

Sale date

07/22/2016

Sale price

$1,125,000

Tax

Tax year

2026-2027

Property tax

$19,896

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

18.92 ft x 99.92 ft

Lot sq. ft.

1,890

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

0.35 Miles

Closest fire station

0.03 Miles

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

Ownership

Ownership information for 551 West 161st 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 551 West 161st Street, New York, NY 10032

Sale date	Sale price	Buyer name	Seller name
07/22/2016	$1,125,000	XXXXXXX XXX XXX	XXXXXXX, XXXXX
09/09/2014	$109,594	XXXXXXX XXX XXX	XXXXXXX, XXXXX
04/28/2005	$950,000	XXXXXXX, XXXXX	XXXXXXXX, XXXXX XXX XXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/03/2025 - R 09/16/2025 - D	Tax Lien Sale Certificate (2025100100517001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
02/10/2022 - R 12/08/2021 - D	Sundry Miscellaneous (2022020700488001)	XXXXXXX XXX XXX
12/02/2021 - R 11/15/2021 - D	Assignment, Mortgage (2021101100055001)	XXX XXXXXXX X XXX	X XXXXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXX
09/01/2020 - R 01/27/2020 - D	Mortgage (2020090100541001)	XXXXXXX XXX XXX	XXXX XXXXXXXX XXXXXXX XXXXXXX XXX
01/27/2020 - R	Initial UCC1 (2020012400435006)	XXXXXXX XXX XXX	XXX XXXXXXX X XXX
04/13/2020 - R 12/30/2019 - D	Assignment, Mortgage (2020040900192001)	XXX XXXXXXX X XXX	XXXXXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXX
01/27/2020 - R 12/19/2019 - D	Assignment of Leases and Rents (2020012400435005)	XXXXXXX XXX XXX	XXX XXXXXXX X XXX
01/27/2020 - R 12/19/2019 - D	Assignment of Leases and Rents (2020012400435004)	XXXXXXX XXX XXX	XXX XXXXXXX X XXX
01/27/2020 - R 12/19/2019 - D	Agreement (2020012400435003)	XXXXXXX XXX XXX	XXX XXXXXXX X XXX
01/27/2020 - R 12/19/2019 - D	Mortgage (2020012400435002)	XXXXXXX XXX XXX	XXX XXXXXXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 551 West 161st 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

$19,896

Municipal exemptions

Recent tax assessments

Market value

$857,000

Assessed value

$385,650

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	$834,000	$375,300	$159,952	12.439%	$19,896	$19,896	+4.72%
2024/25	$782,000	$351,900	$152,001	12.5%	$19,000	$19,000	+7.98%
2023/24	$726,000	$326,700	$140,742	12.502%	$17,596	$17,596	+10.07%
2022/23	$787,000	$354,150	$130,317	12.267%	$15,986	$15,986	+6.19%
2021/22	$770,000	$346,500	$123,040	12.235%	$15,054	$15,054	-0.26%
2020/21	$962,000	$432,900	$123,040	12.267%	$15,093	$15,093	+0.68%
2019/20	$894,000	$402,300	$120,192	12.473%	$14,992	$14,992	+9.93%
2018/19	$857,000	$385,650	$108,126	12.612%	$13,637	$13,637	+41.85%
2017/18	$745,000	$335,250	$75,583	12.719%	$9,613	$9,613	+6.55%
2016/17	$634,000	$285,300	$69,985	12.892%	$9,022	$9,022	+0.07%

Permits

Permit information for 551 West 161st Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
10/02/2016	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/24/2017	Lblvio-low pressure boiler
	01/11/2017	Aeuhaz1-fail to certify class 1
	10/08/2016	P-plumbing

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Saint Nicholas Ave & 162nd St at SW Corner

Station lines

Distance (miles)

0.074

View subway map

Access the detailed traffic volume map for 551 West 161st Street, New York, NY 10032 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

Frequently asked questions

What is the year built for 551 West 161st Street, New York, NY 10032?

The development at 551 West 161st Street, New York, NY 10032 was built in 1910.

What is the total square footage of 551 West 161st Street, New York, NY 10032?

551 West 161st Street, New York, NY 10032 has a total of 4,376 square feet.

When was 551 West 161st Street, New York, NY 10032 last sold and what was the sale price?

551 West 161st Street, New York, NY 10032 was last sold on 07/22/2016 for $1,125,000.

What is the assessed value of 551 West 161st Street, New York, NY 10032?

551 West 161st Street, New York, NY 10032 is currently assessed at $385,650.

What are the property taxes for 551 West 161st Street, New York, NY 10032?

The property taxes for 551 West 161st Street, New York, NY 10032 total $19,896.

How many residential units does this building have?

This building has 8 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.