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159 East 116th Street, New York, NY 10029 Property Information

159 East 116th Street, New York, NY 10029 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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159 East 116th Street, New York, NY 10029 2
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Address

Primary address 159 East 116th Street
Neighborhood East Harlem
Zip code 10029
Borough Manhattan
Block & lot 01644-0025

Sales & Tax Overview for 159 East 116th 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 08/06/2014
Purchase price $10
Tax class
Estimated property tax $36,709

Lot & Building Information for 159 East 116th Street, New York

Lot sqft 1,716
Lot dimensions 17 ft x 100.92 ft
Building class Office with Commercial - 1 to 6 Stories (O5)
Building sqft 4,114
Building dimensions 17 ft x 48 ft
Buildings on lot 1
Stories 4
Year built 1910
Construction type
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Zoning & Use for 159 East 116th Street, New York

Zoning
Commercial units 2
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 4
Community district 11

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

Other Property Data for 159 East 116th 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 159 East 116th Street, New York, NY 10029, 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 East 116th Street, New York, NY 10029, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 159 East 116th Street, New York

How many sq. ft. does 159 East 116th Street, New York, NY 10029 have & what is the price per sq. ft?

This Office with Commercial - 1 to 6 Stories (O5) located at 159 East 116th Street, New York, NY 10029 has a total of 4,114 square feet and a current price per square foot of $0.

What is the year built & the current market value of 159 East 116th Street, New York, NY 10029?

159 East 116th Street, New York, NY 10029 was built in 1910 and has a current tax assessor's market value of $881,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 159 East 116th Street, New York

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Property owner name for 159 East 116th Street, New York, NY 10029
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Building contacts for 159 East 116th Street, New York, NY 10029
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 159 East 116th Street, New York

Create a free account to view the complete sales history for 159 East 116th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/06/2014 $10

Title Documents for 159 East 116th 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
03/27/2025 - R UCC3 Continuation
(2025032700312001)
04/28/2020 - R UCC3 Termination
(2020042800549001)
04/17/2020 - R UCC3 Amendment
(2020041600668001)
04/06/2020 - R Initial UCC1
(2020040300356001)
08/17/2016 - R Initial UCC1
(2016081700877001)
08/06/2014 - D
11/17/2017 - R
Deed
(2014081300641001)
08/18/2011 - R UCC3 Continuation
(2011081701143001)
10/10/2006 - D
10/12/2006 - R
Initial UCC1
(2006101001936001)
12/30/1992 - R Satisfaction of Mortgage
(1110000419411)
03/11/1985 - R Satisfaction of Mortgage
(1040000089304)
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R: Recorded date
D: Document date

Property Taxes for 159 East 116th Street, New York

Access detailed property tax data for 159 East 116th Street, New York, NY 10029. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $36,387
Estimated property tax: $36,709
Tax assessor's market value: $881,000
Assessed value: $396,450

Assessment History for 159 East 116th Street, New York

Here's the assessment & property tax history for 159 East 116th 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 $881,000 $396,450 $335,430 10.848% $36,387 $36,387 +1.43%
2024/25 $775,000 $348,750 $333,360 10.762% $35,876 $35,876 -0.44%
2023/24 $760,000 $342,000 $340,200 10.592% $36,034 $36,034 +5.94%
2022/23 $710,000 $319,500 $319,500 10.646% $34,014 $34,014 +16.94%
2021/22 $601,000 $270,450 $270,450 10.755% $29,087 $29,087 -25.87%

Permits for 159 East 116th Street, New York

The complete history of permits filed for 159 East 116th 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
02/01/2019 Alteration type 2
11/06/2018 Alteration
10/30/2018 Alteration
10/30/2018 Alteration
02/21/2018 Alteration
02/11/2018 Alteration
12/11/2017 Alteration type 2
11/14/2017 Alteration type 2
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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 Q4/2025
$551
-15.5% YoY
Median Price/Sqft Q3/2025
$611
-8.2% YoY
Median Price/Sqft 2025
$606
-1.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 116th St at NE Corner
Station lines 6
Distance (miles) 0.026
View subway map
Bus Routes
Name E 116 St/Lexington Av
Line M116
Distance (miles) 0.027

Neighbors for 159 East 116th Street, New York

Here are the neighbors for 159 East 116th Street, New York, NY 10029.

Address Square feet Purchase date Purchase price
170 E 117th St, New York 05/25/1978
2034 3rd Ave, New York 3,300 07/20/2022 $3,600,000
1665 Park Ave, New York 04/27/1977
100 E 118th St, New York 44,730 05/22/2012 $2
2165 2nd Ave, New York 5,144 10/20/2016 $2,925,000
143 E 111th St, New York
1777 Lexington Ave, New York 5,600 01/25/2002
178 E 111th St, New York 01/18/2001
176 E 111th St, New York 01/18/2001
144 E 111th St, New York 02/01/1994
204 E 110th St, New York 11,896 04/24/2013 $5,000,000
151 E 115th St, New York 2,523 04/30/2013 $1,810,281
172 E 117th St, New York 04/27/1977
2185 2nd Ave, New York 98,000
144 E 112th St, New York 8,715 11/01/2006 $1,900,000
2051 2nd Ave, New York 8,660 06/29/2017 $1,511,004
210 E 105th St, New York 09/24/1980
1909 3rd Ave, New York 1,277 04/10/1975
111 E 111th St, New York
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