Manhattan » 10034 » Academy St » 557 Academy St

557 Academy Street, New York, NY 10034 - Property report

Also known as: 557 Academy St

Property image for 557 Academy Street, New York, NY 10034

Property type

Over Six Families without Stores (C1)

Year built

1925

Lot sq. ft.

8,000

General information

Address

Primary address

557 Academy Street

Alternate address(es)

557-561 Academy St
561 Academy St

ZIP code

10034

Neighborhood

Inwood

Borough

Manhattan

Block & lot

02218-0050

Building

Property type

Over Six Families without Stores (C1)

Building sq. ft.

27,280

Building dimensions

40 ft x 86 ft

Buildings on lot

Stories

Year built

1925

Last altered

2013

Building material

Tax

Tax year

2026-2027

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

80 ft x 100 ft

Lot sq. ft.

8,000

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

1.01 Miles

Closest fire station

0.14 Miles

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

Ownership

Ownership information for 557 Academy 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 557 Academy Street, New York, NY 10034

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/02/2026 - R 12/01/2025 - D	Both RPTT and RETT (2026013100013001)	XXXXXXXXX XXXX X	XXXXXXXXX XXXX X
05/13/2024 - R 05/02/2024 - D	Agreement (2024051000165001)	XXXXX XXXX XXXXXXXXXX X X X	XXX XXXX XX XXX XXXX
12/21/2022 - R 11/30/2022 - D	Both RPTT and RETT (2022121600911001)	XXXXXX XXXXXXXX	XXXXXXX XXXXXXXX XXXXX
08/31/2022 - R	Initial UCC1 (2022082600575001)	XXXXX XXXX XXXXXXXXXX X X X	XXXX XX X X X XXXXX XXXXXX XXXX XXX XXXXX XXX
12/20/2016 - R	Initial UCC1 (2016122000602001)	XXXXX XXXX XXXXXXXXXX X X X	XXX XXXXXX XXXXXXXXXX XXXX
01/05/2017 - R 12/15/2016 - D	Subordination of Mortgage (2016121600225010)	XXXX XX XXX XXXX XXXX XX XXX	XXX XXXXXX XXXXXXXXXX XXXX XXX
01/05/2017 - R 12/15/2016 - D	Agreement (2016121600225009)	XXXXX XXXX XXXXXXXXXX XXX	XXXX XX XXX XXXX XXXX XX XXX
01/05/2017 - R 12/15/2016 - D	Assignment, Mortgage (2016121600225008)	XXXXXXXXXX XXXXXXXXX XXXX XXXX XXX	XXXX XX XXX XXXX XXXX XX XXX
01/05/2017 - R 12/15/2016 - D	Asgn of Asgn of L&R (2016121600225007)	XXX XXXXXX XXXXXXXXXX XXXX	XXXX XX XXX
01/05/2017 - R 12/15/2016 - D	Assignment, Mortgage (2016121600225006)	XXX XXXXXX XXXXXXXXXX XXXX	XXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 557 Academy 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

Municipal exemptions

Recent tax assessments

Market value

$4,901,000

Assessed value

$2,205,450

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	$5,191,000	$2,335,950	$559,350	12.439%	$273,507	$290,569	+2.98%
2024/25	$5,016,000	$2,257,200	$559,350	12.5%	$272,385	$282,150	+21365.14%
2023/24	$4,787,000	$2,154,150	$559,350	12.502%	$269,312	$1,314	-99.52%
2022/23	$4,973,000	$2,237,850	$559,350	12.267%	$265,906	$274,517	+132.10%
2021/22	$4,464,000	$2,008,800	$2,008,800	12.235%	$245,777	$118,277	-52.22%
2020/21	$4,972,000	$2,237,400	$2,017,980	12.267%	$247,546	$247,546	n/a
2019/20	$4,844,000	$2,179,800	$0	12.473%	$232,327	$0	n/a
2018/19	$4,832,000	$2,174,400	$36,000	12.612%	$216,778	$4,540	-95.96%
2017/18	$4,264,000	$1,918,800	$883,422	12.719%	$195,081	$112,362	+38.28%
2016/17	$3,510,000	$1,579,500	$630,276	12.892%	$174,297	$81,255	+40.21%

Permits

Permit information for 557 Academy Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/05/2013	Alteration type 2
07/11/2013	Alteration type 3
02/15/2013	Alteration type 2
02/14/2013	Alteration type 2
02/14/2013	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
	03/19/2003	Ll6291-local law 62/91 - boilers

*Most recent DOB violation 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

0.2,X

Hurricane evacuation zones

Subway & traffic

Closest station

Hillside Ave & Nagle Ave at SW Corner

Station lines

Distance (miles)

0.187

View subway map

Access the detailed traffic volume map for 557 Academy Street, New York, NY 10034 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 557 Academy Street, New York, NY 10034?

The development at 557 Academy Street, New York, NY 10034 was built in 1925.

What is the total square footage of 557 Academy Street, New York, NY 10034?

557 Academy Street, New York, NY 10034 has a total of 27,280 square feet.

What is the assessed value of 557 Academy Street, New York, NY 10034?

557 Academy Street, New York, NY 10034 is currently assessed at $2,205,450.

What are the property taxes for 557 Academy Street, New York, NY 10034?

The property taxes for 557 Academy Street, New York, NY 10034 total $69,577.

How many residential units does this building have?

This building has 77 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.