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NYC Building Records · BBL 1011510012

537 WEST 59 STREET

Manhattan · Block 1151 · Lot 12 · Asylum / home (Class N2)

537 WEST 59 STREET is a Class N2 (asylum / home) building in Manhattan (BBL 1011510012) built in 2024, with 1 residential unit across 9 floors.

The building is in NYC community district 107, council district 6, zoning district C6-2, on a 7,560-square-foot lot with a building footprint of 49,480 square feet.

The current registered owner of record per NYC PLUTO is W59TH SHELTER HOUSING DEVELOPMENT FUND C ORPORATION.

The most recent ACRIS deed transfer for this BBL was recorded on February 17, 2022 when MANHATTAN COMMUNITY ACCESS CORP. conveyed the property to W59TH SHELTER HOUSING DEVELOPMENT FUND CORPORATION for $19.30M. The transaction was financed with a $38.20M mortgage from Wells Fargo Trust Company, National Association.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

W59TH SHELTER HOUSING DEVELOPMENT FUND C ORPORATION

Most recent deed

Last transferred on Feb 17, 2022 for $19.3M to W59TH SHELTER HOUSING DEVELOPMENT FUND CORPORATION.
Previous owner: MANHATTAN COMMUNITY ACCESS CORP.
Mortgage: $38.2M recorded Feb 17, 2022 with Wells Fargo Trust Company, National Association. Loan-to-value: 198%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Feb 17, 2022MTGE$19.3MParties redacted — full names in MetroDeeds Scout+
Feb 17, 2022MTGE$38.2MParties redacted — full names in MetroDeeds Scout+
Feb 17, 2022MTGE$17.5MParties redacted — full names in MetroDeeds Scout+
Feb 17, 2022AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Feb 17, 2022DEED$19.3MParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
1
Year built
2024
Class
N2
Borough
Manhattan
Zoning:
C6-2
Lot size:
7,560 sqft
Building area:
49,480 sqft
Floors:
9
Assessed value:
$1.0M
Community district:
107
Council district:
6

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Feb 17, 2022).

Frequently asked questions about 537 WEST 59 STREET

Who owns 537 WEST 59 STREET?

The current registered owner of record for 537 WEST 59 STREET per NYC PLUTO is W59TH SHELTER HOUSING DEVELOPMENT FUND C ORPORATION. The most recent ACRIS deed transfer for this BBL was recorded on February 17, 2022 when the property was conveyed to W59TH SHELTER HOUSING DEVELOPMENT FUND CORPORATION. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 537 WEST 59 STREET last sold?

The most recent ACRIS deed transfer for 537 WEST 59 STREET was recorded on February 17, 2022, when MANHATTAN COMMUNITY ACCESS CORP. conveyed the property to W59TH SHELTER HOUSING DEVELOPMENT FUND CORPORATION for $19.30M. The transaction was financed with a $38.20M mortgage from Wells Fargo Trust Company, National Association.

How many HPD violations does 537 WEST 59 STREET have?

No open HPD housing-maintenance code violations are on record for 537 WEST 59 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 537 WEST 59 STREET?

NYC Department of Finance assesses 537 WEST 59 STREET at $1.04M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 537 WEST 59 STREET and what does that mean?

537 WEST 59 STREET is NYC building class N2 — Asylum / home. Asylum / home. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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