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159 West 53rd Street, New York, NY 10019 Property Information

159 West 53rd Street, New York, NY 10019 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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159 West 53rd Street, New York, NY 10019 6
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Address

Building name The Tower 53
Primary address 159 West 53rd Street
Secondary address 155-199 W 53rd St
Neighborhood Theatre District - Times Square
Zip code 10019
Borough Manhattan
Block & lot 01006-1001

Sales & Tax Overview for 159 West 53rd 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 11/10/2020
Purchase price $15,000,000
Tax class
Estimated property tax $437,500

Lot & Building Information for 159 West 53rd Street, New York

Lot sqft 21,300
Lot dimensions 101 ft x 119 ft
Building class Indoor Parking (RG) i
Building sqft 41,692
Buildings on lot 1
Structure type Miscellaneous retail
Year built 1968
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Zoning & Use for 159 West 53rd Street, New York

Commercial units 1
Conversion feasibility index i

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.22 Miles
Closest fire station 0.23 Miles

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

Unit Overview

Unit
Square feet 41,692
Condo complex 100130

Other Property Data for 159 West 53rd Street, New York

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Floor area ratio (FAR) for 159 West 53rd Street, New York, NY 10019, 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 159 West 53rd Street, New York, NY 10019, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 155-199 W 53rd St, New York, NY 10019
  • 156-158 W 54th St, New York, NY 10019
  • 821-827 7th Ave, New York, NY 10019

About 159 West 53rd Street, New York

What is the year built & the total sq. ft. for 159 West 53rd Street, New York, NY 10019?

159 West 53rd Street, New York, NY 10019 was built in 1968 and has a total of 41,692 square feet.

What is the assessed value of 159 West 53rd Street, New York, NY 10019 and the property tax paid?

Assessed at $4,238,100, the tax amount paid for 159 West 53rd Street, New York, NY 10019 is $423,326. For the next year, the tax amount for 159 West 53rd Street, New York, NY 10019 is estimated at $437,500.

When was 159 West 53rd Street, New York, NY 10019 last sold and what was the last sale price?

159 West 53rd Street, New York, NY 10019 was last sold in 11/10/2020 for $15,000,000.

Ownership Information for 159 West 53rd Street, New York

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Property owner name for 159 West 53rd Street, New York, NY 10019
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Building contacts for 159 West 53rd Street, New York, NY 10019
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 159 West 53rd Street, New York

Create a free account to view the complete sales history for 159 West 53rd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/10/2020 $15,000,000
03/21/2018 $7,500,000
       
       
       
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Title Documents for 159 West 53rd 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
01/13/2026 - R Initial UCC1
(2026011200733006)
01/13/2026 - R UCC3 Termination
(2026011200733001)
12/24/2025 - D
01/13/2026 - R
Assignment of Leases and Rents
(2026011200733005)
12/24/2025 - D
01/13/2026 - R
Agreement
(2026011200733004)
12/16/2025 - D
01/13/2026 - R
Assignment, Mortgage
(2026011200733003)
12/16/2025 - D
01/13/2026 - R
Termination of Assign of L&R
(2026011200733002)
06/13/2025 - R UCC3 Continuation
(2025061300430001)
02/03/2021 - R UCC3 Assignment
(2021012901189003)
12/10/2020 - R UCC3 Termination
(2020121001125001)
12/07/2020 - D
02/03/2021 - R
Asgn of Asgn of L&R
(2021012901189002)
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R: Recorded date
D: Document date

Property Taxes for 159 West 53rd Street, New York

Access detailed property tax data for The Tower 53 - 159 West 53rd Street, New York, NY 10019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $423,327
Estimated property tax: $437,500
Tax assessor's market value: $9,418,000
Assessed value: $4,238,100

Assessment History for 159 West 53rd Street, New York

Here's the assessment & property tax history for 159 West 53rd 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 $9,418,000 $4,238,100 $3,902,349 10.848% $423,327 $423,327 -0.28%
2024/25 $8,861,227 $3,987,552 $3,944,729 10.762% $424,532 $424,532 +5.83%
2023/24 $8,416,000 $3,787,200 $3,787,200 10.592% $401,140 $401,140 +1.24%
2022/23 $8,271,000 $3,721,950 $3,721,950 10.646% $396,239 $396,239 -2.45%
2021/22 $8,393,227 $3,776,952 $3,776,952 10.755% $406,211 $406,211 -19.53%

Permits for 159 West 53rd Street, New York

The complete history of permits filed for 159 West 53rd 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.

No recorded permits for this property.

Theatre District - Times Square Residential Market Stats

Access a detailed real estate market overview of Theatre District - Times Square so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Theatre District - Times Square and compare it to other neighborhoods in Manhattan.

Median Sale Price
$1,290,000
28.4% YoY
Median Price/Sqft
$1,501
10.8% YoY
Manhattan Median Sale Price
$1,100,000
1.9% YoY

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

Transportation

Distance to Subway
Closest station 7th Ave & 53rd St at NE Corner
Station lines B-D-E
Distance (miles) 0.016
View subway map
Bus Routes
Name 7 Av/W 53 St
Line M104
Distance (miles) 0.047

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
St Thomas Choir School NR No Private 3-8 24 0.23
P.S. 35 NR No Public K, 2-12 232 0.26
P.S. 212 Midtown West 7 No Public PK, K-5 275 0.40
P.S. 212 Midtown West 7 No Public PK, K-5 275 0.40
The Speyer Legacy School NR No Private K-8 317 0.48

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
St Thomas Choir School NR No Private 3-8 24 0.23
P.S. 35 NR No Public K, 2-12 232 0.26
Professional Performing Arts High School 8 No Public 6-12 532 0.40
The Speyer Legacy School NR No Private K-8 317 0.48
CITY KNOLL MIDDLE SCHOOL 2 No Public 6-8 157 0.49

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 35 NR No Public K, 2-12 232 0.26
Jacqueline Kennedy-Onassis High School 3 No Public 9-12 249 0.39
Professional Performing Arts High School 8 No Public 6-12 532 0.40
High School for Environmental Studies 5 No Public 9-12 1,083 0.49
Repertory Company High School for Theatre Arts 6 No Public 9-12 229 0.50

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 159 West 53rd Street, New York

Here are the neighbors for The Tower 53 - 159 West 53rd Street, New York, NY 10019.

Address Square feet Purchase date Purchase price
40 Thompson St, New York 30,906 08/13/2025 $23,100,000
9 Christopher St, New York 13,500 12/05/2012 $12,000,000
62 W 138th St, New York 12/23/1985
222-226 E 121st St, New York 05/14/1987
175 E 3rd St, New York 6,825 06/20/2023 $10,800,000
100 Division St, New York 17,369 05/02/1972
860 11th Ave, New York 749,133 01/30/1998
110 E 55th St, New York 73,000 02/16/2017
245 Broome St, New York 8,694 09/03/1976
24 W 89th St, New York 6,346 07/13/2012
249 W 49th St, New York 4,515 04/03/2023 $5,800,000
2375 2nd Ave, New York 3,700 01/19/2017
4 E 80th St, New York 17,676 11/26/2025 $38,000,000
333 Lafayette St, New York 1,185 10/01/2014 $35,658,069
28 1/2 E 33rd St, New York 5,184 12/31/2015
210 W 27th St, New York 149,614 07/23/1986
350 E Houston St, New York 49,974 06/24/2025
277 Broadway, New York 93,615 09/09/1987
2357 2nd Ave, New York 09/03/1992
301 W 96th St, New York 21,900 07/30/2014 $7,550,000
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