503 W 168th St New York, NY 10032
Washington Heights NeighborhoodEstimated payment $11,274/month
Total Views
1,282
--
Bed
--
Bath
3,800
Sq Ft
$523
Price per Sq Ft
Highlights
- Eat-In Kitchen
- 2-minute walk to Washington Heights-168 Street
- 3-minute walk to Mitchel Square
About This Home
A rare investment opportunity in the heart of Upper Manhattan , this fully detached four-family home sits on a wide, tree-lined street and offers 4,370 sq ft of unused FAR, making it ideal for condominium development under R7-2 zoning. Located near a prestigious Columbia-affiliated university and a renowned hospital, the property is perfectly positioned to attract steady rental income from students and professionals alike. With the A, C, and 1 subway lines just steps away, Midtown Manhattan is only 25 minutes away. The neighboring property recently added two floors, maximizing its development potential , now it's your turn to unlock the value of this underutilized gem. Selling it in its current condition.
Listing Agent
Oxford Property Group USA Brokerage Phone: 212-300-6412 License #10401290255 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,448
Year Built
- Built in 1920
Home Design
- Triplex
- Frame Construction
Additional Features
- Eat-In Kitchen
- Basement Fills Entire Space Under The House
- 2,375 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 2125-0050
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,447 | $32,388 | $12,984 | $19,404 |
| 2024 | $6,447 | $32,101 | $43,920 | $18,030 |
| 2023 | $6,088 | $30,310 | $11,659 | $18,651 |
| 2022 | $5,424 | $121,080 | $43,920 | $77,160 |
| 2021 | $5,685 | $129,420 | $43,920 | $85,500 |
| 2020 | $5,713 | $147,420 | $43,920 | $103,500 |
| 2019 | $5,596 | $138,720 | $43,920 | $94,800 |
| 2018 | $5,149 | $25,258 | $12,893 | $12,365 |
| 2017 | $4,863 | $23,856 | $14,862 | $8,994 |
| 2016 | $4,500 | $22,510 | $11,923 | $10,587 |
| 2015 | $2,714 | $22,492 | $11,564 | $10,928 |
| 2014 | $2,714 | $22,293 | $13,749 | $8,544 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $1,986,000 | -- | $523 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $530,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $368,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: OneKey® MLS
MLS Number: 895768
APN: 2125-0050
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