Manhattan » 10019 » 7th Ave » 870 7th Ave

870 7th Avenue #Hot25, New York, NY 10019 - Property report

Also known as: 200 W 56th St #Hot25

Property image for 870 7th Avenue #Hot25, New York, NY 10019

Property type

Hotel/Boatel (RH)

Year built

1925

Lot sq. ft.

35,000

Sale price

$375,500,000

General information

Address

Primary address

870 7th Avenue #Hot25

Alternate address(es)

200 W 56th St #Hot25
870 Seventh Ave #Hot25

ZIP code

10019

Neighborhood

Theatre District - Times Square

Borough

Manhattan

Block & lot

01027-1101

Building

Property type

Hotel/Boatel (RH)

Unit sq. ft.

491,157

Buildings on lot

Stories

Year built

1925

Building material

Sales

Sale date

11/30/2018

Sale price

$375,500,000 - M

Tax

Tax year

2026-2027

Property tax

$6,764,141

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 sq. ft.

35,000

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

88 /100. Very Bikeable

School district

Community district

Closest police station

0.17 Miles

Closest fire station

0.12 Miles

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

Ownership

Ownership information for 870 7th Avenue #Hot25, 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 870 7th Avenue #Hot25, New York, NY 10019

Sale date	Sale price	Buyer name	Seller name
11/30/2018	$375,500,000	XXX-XXXXXXXX XXXX XXXXX XX	XX XXXXXXXX, XXX
12/29/2011	$53,949,470	XX XXXXXXXX, XXX	XXX XXX XXXXX XXX
12/29/2011	$51,858,700	XX XXXXXXXX, XXX	XXXX XXXXXXX XXXXX (XX) XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/04/2026 - R	UCC3 Assignment (2026050100925010)	XXXXXXXXXXX XXXX XX XXX XXX	XXXXX XXXXX XXX
05/04/2026 - R	UCC3 Assignment (2026050100925009)	XXXXXXXXXXX XXXX XXXXX XX	XXXXX XXXXX XXX
05/04/2026 - R	UCC3 Assignment (2026050100925008)	XXXXXXXXXXX XXXX XXXXX XX	XXXXX XXXXX XXX
05/04/2026 - R	UCC3 Assignment (2026050100925007)	XXXXXXXXXXX XXXX XXXXX XX	XXXXX XXXXX XXX
04/24/2026 - R	UCC3 Assignment (2026040800327010)	XXXXXXXXXXX XXXX XX XXX XXX	XXXXXX XX XXXXX XXX XXXXXX XXXX
04/24/2026 - R	UCC3 Assignment (2026040800327009)	XXXXXXXXXXX XXXX XXXXX XX	XXXXXX XX XXXXX XXX XXXXXX XXXX
04/24/2026 - R	UCC3 Assignment (2026040800327008)	XXXXXXXXXXX XXXX XXXXX XX	XXXXXX XX XXXXX XXX XXXXXX XXXX
04/24/2026 - R	UCC3 Assignment (2026040800327007)	XXXXXXXXXXX XXXX XXXXX XX	XXXXXX XX XXXXX XXX XXXXXX XXXX
05/04/2026 - R 03/30/2026 - D	Asgn of Asgn of L&R (2026050100925006)	XXXXX XXXXX XXX	XXXXXX X XXXXX XXX
05/04/2026 - R 03/30/2026 - D	Asgn of Asgn of L&R (2026050100925005)	XXXXX XXXXX XXX	XXXXXX X XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 870 7th Avenue #Hot25, 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

$6,764,141

Municipal exemptions

Recent tax assessments

Market value

$150,537,964

Assessed value

$67,742,084

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	$148,417,594	$66,787,918	$62,805,387	10.848%	$6,813,128	$6,813,128	+0.27%
2024/25	$140,306,936	$63,138,122	$63,138,122	10.762%	$6,794,925	$6,794,925	+8.20%
2023/24	$131,749,152	$59,287,119	$59,287,119	10.592%	$6,279,692	$6,279,692	+7.61%
2022/23	$121,808,396	$54,813,778	$54,813,779	10.646%	$5,835,475	$5,835,475	-22.49%
2021/22	$155,555,600	$70,000,020	$70,000,000	10.755%	$7,528,500	$7,528,500	-22.38%
2020/21	$201,555,600	$90,700,020	$90,700,000	10.694%	$9,699,458	$9,699,458	+3.79%
2019/20	$222,844,701	$100,280,115	$88,690,511	10.537%	$9,345,319	$9,345,319	+8.02%
2018/19	$222,025,127	$99,911,307	$82,287,960	10.514%	$8,667,141	$8,651,756	+9.04%
2017/18	$191,734,938	$86,280,722	$75,463,851	10.514%	$7,965,040	$7,934,269	+10.82%
2016/17	$193,333,333	$87,000,000	$67,707,131	10.574%	$7,205,771	$7,159,352	+12.85%

Permits

Permit information for 870 7th Avenue #Hot25, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

7th Ave & 55th St at NW Corner

Station lines

N-Q-R

Distance (miles)

0.024

View subway map

Access the detailed traffic volume map for 870 7th Avenue #Hot25, New York, NY 10019 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

Nearby ZIP codes for 870 7th Avenue #Hot25, New York, NY

10001, New York City, NY 10018, New York City, NY 10020, New York City, NY 10023, New York City, NY 10036, New York City, NY 10069, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 870 7th Avenue #Hot25, New York, NY 10019?

The development at 870 7th Avenue #Hot25, New York, NY 10019 was built in 1925.

What is the market value of 870 7th Avenue #Hot25, New York, NY 10019?

The current market value of 870 7th Avenue #Hot25, New York, NY 10019 is $150,537,964.

What is the total square footage of 870 7th Avenue #Hot25, New York, NY 10019?

870 7th Avenue #Hot25, New York, NY 10019 has a total of 491,157 square feet.

What is the price per square foot for this property?

$764 per square foot is the price for 870 7th Avenue #Hot25, New York, NY 10019.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.