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557 Academy Street, New York, NY 10034 Property Information

557 Academy Street, New York, NY 10034 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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557 Academy Street, New York, NY 10034 2
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Address

Primary address 557 Academy Street
Secondary address 561 Academy St
Neighborhood Inwood
Zip code 10034
Borough Manhattan
Block & lot 02218-0050

Sales & Tax Overview for 557 Academy Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class

Lot & Building Information for 557 Academy Street, New York

Lot sqft 8,000
Lot dimensions 80 ft x 100 ft
Building class Over Six Families without Stores (C1) i
Building sqft 27,280
Building dimensions 40 ft x 86 ft
Buildings on lot 2
Stories 5
Year built 1925
Year last altered 2013
Construction type
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Zoning & Use for 557 Academy Street, New York

Zoning
Qualified opportunity zone
Residential units (DOF) 77
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 6
Community district 12
Closest police station 1.01 Miles
Closest fire station 0.14 Miles

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

Other Property Data for 557 Academy 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 557 Academy Street, New York, NY 10034, 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 557 Academy Street, New York, NY 10034, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 561 Academy St, New York, NY 10034

About 557 Academy Street, New York

What is the year built & the total sq. ft. for 557 Academy Street, New York, NY 10034?

557 Academy Street, New York, NY 10034 was built in 1925 and has a total of 27,280 square feet.

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

The assessed market value for the current tax year is $2,257,200.

When was 557 Academy Street, New York, NY 10034 last sold?

557 Academy Street, New York, NY 10034 was last sold in 06/27/2013.

How many residential units does this building have?

This building has 77 residential unit(s).

Ownership Information for 557 Academy Street, New York

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Property owner name for 557 Academy Street, New York, NY 10034
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Building contacts for 557 Academy Street, New York, NY 10034
Building management:
Representatives (from permits):
Tenants:


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Past Sales & Property History for 557 Academy Street, New York

Create a free account to view the complete sales history for 557 Academy Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 557 Academy 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
05/02/2024 - D
05/13/2024 - R
Agreement
(2024051000165001)
11/30/2022 - D
12/21/2022 - R
Both RPTT and RETT
(2022121600911001)
08/31/2022 - R Initial UCC1
(2022082600575001)
12/20/2016 - R Initial UCC1
(2016122000602001)
12/15/2016 - D
01/05/2017 - R
Subordination of mortgage
(2016121600225010)
12/15/2016 - D
01/05/2017 - R
Agreement
(2016121600225009)
12/15/2016 - D
01/05/2017 - R
Assignment, mortgage
(2016121600225008)
12/15/2016 - D
01/05/2017 - R
Asgn of asgn of L&R
(2016121600225007)
12/15/2016 - D
01/05/2017 - R
Assignment, mortgage
(2016121600225006)
12/15/2016 - D
01/05/2017 - R
Assignment of leases and rents
(2016121600225005)
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R: Recorded date
D: Document date

Property Taxes for 557 Academy Street, New York

Access detailed property tax data for 557 Academy Street, New York, NY 10034. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $0
Tax assessor's market value: $5,016,000
Assessed value: $2,257,200
Exemptions granted by city:

Assessment History for 557 Academy Street, New York

Here's the assessment & property tax history for 557 Academy 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
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

Permits for 557 Academy Street, New York

The complete history of permits filed for 557 Academy 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
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
02/14/2013 Alteration type 2
02/14/2013 Alteration type 2
09/15/2004 Alteration type 2
08/27/2004 Alteration type 2
08/17/2004 Alteration type 3
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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 Q4/2024
$670
1.7% YoY
Median Price/Sqft Q3/2024
$683
14.5% YoY
Median Price/Sqft 2024
$632
-2.8% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Hillside Ave & Nagle Ave at SW Corner
Station lines 1
Distance (miles) 0.187
View subway map
Bus Routes
Name 10 Av/W 204 St
Line M100
Distance (miles) 0.12

Neighbors for 557 Academy Street, New York

Here are the neighbors for 557 Academy Street, New York, NY 10034.

Address Square feet Purchase date Purchase price
504 W 207th St, New York 7,170 08/21/2013
240 Nagle Ave, New York 208,415
518 W 204th St, New York 20,330 09/27/2017 $6,776,667
87 Post Ave, New York 14,490 09/27/2017 $4,330,000
565 Academy St, New York 13,640 06/27/2013
121 Post Ave, New York 9,050 01/06/2015 $2,100,000
541 Academy St, New York 13,265 06/27/2013
129 Post Ave, New York 2,500 08/21/2013
125 Post Ave, New York 9,050 01/13/2015 $3,350,000
545 Academy St, New York 13,640 06/27/2013
79 Post Ave, New York 14,490 12/08/1993
113 Post Ave, New York 47,400 01/07/2015 $8,700,000
123 Post Ave, New York 9,050 04/01/2015 $1,650,000
549 Academy St, New York 13,640 10/26/2011 $1,683,000
228 Nagle Ave, New York 104,180 02/12/2008
500 W 207th St, New York 14,000
101 Post Ave, New York 94,100 06/24/1993
83 Post Ave, New York 14,490 02/03/2016 $3,256,000
127 Post Ave, New York 7,955 01/13/2015 $3,350,000
553 Academy St, New York 13,640 06/27/2013
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