Manhattan » 10040 » W 188th St » 516 W 188th St

516 West 188th Street, New York, NY 10040 - Property report

Also known as: 516 W 188th St

Property image for 516 West 188th Street, New York, NY 10040

Property type

Over Six Families without Stores (C1)

Year built

1925

Lot sq. ft.

8,312

Sale price

$3,890,000

General information

Address

Primary address

516 West 188th Street

Alternate address(es)

516-520 W 188th St

ZIP code

10040

Neighborhood

Washington Heights

Borough

Manhattan

Block & lot

02159-0009

Building

Property type

Over Six Families without Stores (C1)

Building sq. ft.

34,632

Building dimensions

88 ft x 82 ft

Buildings on lot

Stories

Year built

1925

Building material

Sales

Sale date

09/08/2008

Sale price

$3,890,000

Tax

Tax year

2026-2027

Property tax

$65,738

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

87.5 ft x 95 ft

Lot sq. ft.

8,312

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.33 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 516 West 188th 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 516 West 188th Street, New York, NY 10040

Sale date	Sale price	Buyer name	Seller name
09/08/2008	$3,890,000	XXX XXXX XXXXX XXXXXX XXX	XXXXXXX X XXXXXXXXX XXXXXX XXXXX XXXXX XXXXXX XXXX XXX XXXXXXX X XXXXXXXXX XXXX XX XXXXXX XXX XXX XXX
10/20/2006	$3,485,000	XXX XXX XXX	XXX X. XXXXX XXXXXX XXXXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/04/2024 - R	UCC3 Assignment (2024111900749001)	XXX XXXX XXXXX XXXXXX XXX	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
12/02/2024 - R 12/20/2023 - D	Asgn of Asgn of L&R (2024111900088002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXXX XX XX XXXX XXXXXXX XXX
12/02/2024 - R 12/20/2023 - D	Assignment, Mortgage (2024111900088001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXXX XX XX XXXX XXXXXXX XXX
08/19/2022 - R	Initial UCC1 (2022081900634001)	XXX XXXX XXXXX XXXXXX XXX	XXXXXXXXX XXXX
07/06/2022 - R	UCC3 Termination (2022070600912017)	XXX XXXX XXXXX XXXXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/06/2022 - R 06/29/2022 - D	Assignment of Leases and Rents (2022070100748023)	XXXX XXXXXXXXX XXXXXX XXX	XXXXXXXXX XXXX
07/06/2022 - R 06/29/2022 - D	Mortgage and Consolidation (2022070100748022)	XXXX XXXXXXXXX XXXXXX XXX	XXXXXXXXX XXXX
07/06/2022 - R 06/29/2022 - D	Assignment, Mortgage (2022070100748017)	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX	XXXXXXXXX XXXX
10/01/2018 - R	UCC3 Assignment (2018100100101002)	XXX XXXX XXXXX XXXXXX XXX	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
10/01/2018 - R 09/25/2018 - D	Assignment, Mortgage (2018100100101001)	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 516 West 188th 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

$65,738

Municipal exemptions

Recent tax assessments

Market value

$1,270,000

Assessed value

$571,500

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	$1,171,000	$526,950	$503,550	12.439%	$62,637	$62,637	+10.38%
2024/25	$1,101,000	$495,450	$495,450	12.5%	$61,931	$56,746	-5.02%
2023/24	$1,062,000	$477,900	$477,900	12.502%	$59,747	$59,747	-10.04%
2022/23	$1,268,000	$570,600	$541,440	12.267%	$66,418	$66,418	+21.49%
2021/22	$993,000	$446,850	$446,850	12.235%	$54,672	$54,672	-10.47%
2020/21	$1,362,000	$612,900	$497,790	12.267%	$61,064	$61,064	+4.77%
2019/20	$1,202,000	$540,900	$467,280	12.473%	$58,284	$58,284	+5.44%
2018/19	$1,191,000	$535,950	$438,300	12.612%	$55,278	$55,278	+16.64%
2017/18	$828,000	$372,600	$372,600	12.719%	$47,391	$47,391	-3.37%
2016/17	$948,000	$426,600	$380,430	12.892%	$49,045	$49,045	+7.55%

Permits

Permit information for 516 West 188th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/22/2025	Alteration
03/03/2025	Alteration
06/27/2021	Alteration
05/03/2021	Alteration
03/28/2011	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/29/2021	Egrade-failure to post energy grade/score none
	01/31/2005	Ll6291-local law 62/91 - boilers
	03/19/2003	Ll6291-local law 62/91 - boilers

*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 & 191st St at SW Corner

Station lines

Distance (miles)

0.191

View subway map

Access the detailed traffic volume map for 516 West 188th Street, New York, NY 10040 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 516 West 188th Street, New York, NY 10040?

The development at 516 West 188th Street, New York, NY 10040 was built in 1925.

What is the total square footage of 516 West 188th Street, New York, NY 10040?

516 West 188th Street, New York, NY 10040 has a total of 34,632 square feet.

When was 516 West 188th Street, New York, NY 10040 last sold and what was the sale price?

516 West 188th Street, New York, NY 10040 was last sold on 09/08/2008 for $3,890,000.

What is the assessed value of 516 West 188th Street, New York, NY 10040?

516 West 188th Street, New York, NY 10040 is currently assessed at $571,500.

What are the property taxes for 516 West 188th Street, New York, NY 10040?

The property taxes for 516 West 188th Street, New York, NY 10040 total $65,737.

How many residential units does this building have?

This building has 34 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.