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550 West 188th Street, New York, NY 10040 Property Information

550 West 188th Street, New York, NY 10040 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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550 West 188th Street, New York, NY 10040 2
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Address

Primary address 550 West 188th Street
Neighborhood Washington Heights
Zip code 10040
Borough Manhattan
Block & lot 02158-0014

Sales & Tax Overview for 550 West 188th 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 10/27/2008
Purchase price $820,000
Tax class
Estimated property tax $26,901

Lot & Building Information for 550 West 188th Street, New York

Lot sq. ft. 1,581
Lot dimensions 16.67 ft x 94.83 ft
Property type Converted Dwellings or Rooming House (C5)
Building sqft 3,000
Building dimensions 17 ft x 44 ft
Buildings on lot 1
Stories 4
Year built 1910
Construction type
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Zoning & Use for 550 West 188th Street, New York

Zoning
Qualified opportunity zone
Residential units (DOF) 13
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 6
Community district 12
Closest police station 0.29 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 550 West 188th 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 550 West 188th Street, New York, NY 10040, 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 550 West 188th Street, New York, NY 10040, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 550 West 188th Street, New York

How many sq. ft. does 550 West 188th Street, New York, NY 10040 have & what is the price per sq. ft?

This Converted Dwellings or Rooming House (C5) located at 550 West 188th Street, New York, NY 10040 has a total of 3,000 square feet and a current price per square foot of $273.

What is the year built & the current market value of 550 West 188th Street, New York, NY 10040?

550 West 188th Street, New York, NY 10040 was built in 1910 and has a current tax assessor's market value of $500,000.

Ownership Information for 550 West 188th Street, New York

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Property owner name for 550 West 188th Street, New York, NY 10040
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Building contacts for 550 West 188th Street, New York, NY 10040
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 550 West 188th Street, New York

Create a free account to view the complete sales history for 550 West 188th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/27/2008 $820,000

Title Documents for 550 West 188th 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
03/03/2025 - D
03/05/2025 - R
Sundry Agreement
(2025030300669001)
04/22/2016 - D
05/18/2016 - R
Assignment of Leases and Rents
(2016050200679004)
04/22/2016 - D
05/18/2016 - R
Agreement
(2016050200679003)
04/22/2016 - D
05/18/2016 - R
Mortgage
(2016050200679002)
04/20/2016 - D
05/18/2016 - R
Termination of Assign of L&R
(2016050200679005)
04/20/2016 - D
05/18/2016 - R
Assignment, Mortgage
(2016050200679001)
08/22/2013 - R UCC3 Continuation
(2013080801463001)
11/28/2008 - R Initial UCC1
(2008110500332004)
10/28/2008 - D
11/13/2008 - R
Satisfaction of Mortgage
(2008111100983006)
10/28/2008 - D
11/13/2008 - R
Satisfaction of Mortgage
(2008111100983005)
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R: Recorded date
D: Document date

Property Taxes for 550 West 188th Street, New York

Access detailed property tax data for 550 West 188th Street, New York, NY 10040. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,667
Estimated property tax: $26,901
Tax assessor's market value: $500,000
Assessed value: $225,000

Assessment History for 550 West 188th Street, New York

Here's the assessment & property tax history for 550 West 188th 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 $500,000 $225,000 $214,380 12.439% $26,667 $26,667 +4.88%
2024/25 $452,000 $203,400 $203,400 12.5% $25,425 $25,425 -0.89%
2023/24 $456,000 $205,200 $205,200 12.502% $25,654 $25,654 -7.61%
2022/23 $503,000 $226,350 $226,350 12.267% $27,766 $27,766 +7.07%
2021/22 $471,000 $211,950 $211,950 12.235% $25,932 $25,932 +7.89%

Permits for 550 West 188th Street, New York

The complete history of permits filed for 550 West 188th 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
03/09/2022 Alteration
10/13/2021 Alteration
02/09/2007 Alteration type 1
         
         
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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
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% 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 Saint Nicholas Ave & 191st St at SW Corner
Station lines 1
Distance (miles) 0.156
View subway map
Bus Routes
Name St Nicholas Av/W 187 St
Line M3
Distance (miles) 0.048

Neighbors for 550 West 188th Street, New York

Here are the neighbors for 550 West 188th Street, New York, NY 10040.

Address Square feet Purchase date Purchase price
440 Audubon Ave, New York 66,240 12/22/2016 $20,800,000
549 W 187th St, New York 2,000 08/19/2008 $750,000
570 W 189th St, New York 45,000 10/04/1994
1548 St Nicholas Ave, New York 51,676 07/24/2014 $13,179,000
546 W 188th St, New York 3,720 11/17/2020
1562 St Nicholas Ave, New York 11,336 05/31/2010
555 W 186th St, New York 28,365 07/31/1985
553 W 187th St, New York 17,575
556 W 188th St, New York 24,000 01/31/2013 $3,373,275
1540 St Nicholas Ave, New York 19,340 04/07/2003 $2,650,000
561 W 186th St, New York 19,100 12/06/2012 $2,477,000
545 W 187th St, New York 2,880 06/30/2022
564 W 189th St, New York 22,850 02/03/2016 $6,608,900
567 W 187th St, New York 2,149 10/30/2019 $1,200,000
563 W 187th St, New York 4,725 01/03/1989
552 W 188th St, New York 24,000 01/31/2013 $3,619,906
380 Audubon Ave, New York 2,520 01/30/2008
394 Audubon Ave, New York 2,160 02/03/1994
559 W 186th St, New York 4,806 01/15/2002
557 W 187th St, New York 16,575
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