---
title: "551 West 160th Street #5B, New York City, NY 10032"
description: "551 West 160th Street #5B, New York City, NY 10032 — Washington Heights, New York City, NY. Listing Price $430,000. In contract 8/5/2026. 3 bed, 1 bath, 858 sqft Illustrative Buyer Commission Share of $6,450 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10032/551-west-160th-street-b-5B-ny-10032"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 551 West 160th Street #5B, New York City, NY 10032

Washington Heights, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $430,000
- **Status**: In contract 8/5/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 3
- **Baths**: 1
- **Sqft**: 858
- **Common Charges**: $564 / mo
- **Price per Sqft**: $501
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $430,000
- **Illustrative Buyer Commission Share**: -$6,450*
- **Illustrative Net Cost**: $423,550

*Illustrative Buyer Savings of $6,450 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![551 West 160th Street #5B, New York City, NY 10032 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48924d34-72fd-4316-bb18-5c5eb4fff873.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9fb7024a-0f5c-4c95-81e3-f6cb0e543d6a.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cec36dc5-282d-4cca-b010-680ebcea774a.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2756bed9-1a14-4f09-bcba-d3d27dbd1932.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7bfae9df-b7d6-4da5-a90b-2abc1f260efb.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05a31e1a-07ee-46a2-b8b9-bb0f150dd6fe.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b31fa3ba-07e3-4fc6-9971-d4526085d06d.png)
![551 West 160th Street #5B, New York City, NY 10032 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9adcdf0-8907-48ca-977f-30b2b8a2974f.jpg)
![551 West 160th Street #5B, New York City, NY 10032 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c2282360-2627-4346-87ac-6191b02b0c6c.jpg)
![551 West 160th Street #5B, New York City, NY 10032 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/44eac218-b882-442b-95da-1bcd0a100a86.png)

## Property Overview

Welcome to your Dream Home! This light and bright, beautifully renovated top-floor apartment offers approximately 858 SF legal 3-bedroom, currently configured as a spacious 2-bedroom, with triple exposure S/E/N for under $500k. Available fully furnished or vacant, this one has it all: Dishwasher, deep kitchen sink, and in-unit laundry! Photos are of the actual apartment, and are NOT STAGED.

 Bright and beautiful with windows throughout every room. Exposed brick and beams add to this apartment's charm and flair. The living and entertaining space offers a large, sunlit room with southern exposure and room to entertain. A formal dining area can easily seat 8-10 guests. The gut-renovated open kitchen with a dishwasher, large eastern-exposure window, new cabinetry and shelves, and new countertop for ample prep space is a chef's dream. Ceilings and floors have been redone throughout the apartment. On top of it all, there is also a new washer/dryer combo. The spacious primary bedroom has two closets and 2 eastern facing windows. The 2nd bedroom serves as a multifunction room, guest room, home office and laundry room. The apartment is large enough and the floor plan flexible enough that this could be a comfortable two-bedroom, three-bedroom, or even four-bedroom home with board approval.

 The apartment is located in the heart of Washington Heights. It is situated near all public transportation, including the A, C, and 1 trains, quick access to the Henry Hudson Parkway, FDR and I-95. Located right off Broadway, it is near shopping, restaurants, and cafes. HDFC rules (130% AMI) do apply for this building. Financing is allowed. Subletting with board approval.

## Property Details

- **Property Type**: Co-op
- **Beds**: 3
- **Baths**: 1
- **Rooms**: 6
- **Sqft**: 858 sqft
- **Stories**: 5
- **Year Built**: 1907
- **Price per Sqft**: $501
- **Common Charges**: $564 / Monthly
- **Listed On**: Apr 12, 2025
- **Days on Market**: 519 Days

### Residence Features

- Building Other
- In Unit
- Dishwasher
- City

## Sales Evidence

### Recent closed sales

2 apartments at 551 West 160th Street have recorded sales since September 2021, the most recent for $345,000 in August 2022. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5B (Apartment) | 3 | 858 | $345,000 | $402/ft² | August 30, 2022 | City record · MLS |
| 4B (Apartment) | 3 | — | $325,000 | — | August 4, 2022 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable co-op three-bedroom sales in Washington Heights is $765,000, based on 13 sales between December 2024 and July 2026. This home is asking $430,000, $335,000 below that median. The middle half of those sales closed between $642,500 and $1,270,000.

- **Median closed price**: $765,000
- **Middle half**: $642,500 – $1,270,000
- **Based on**: 13 co-op three-bedroom sales in Washington Heights
- **Period**: December 2024 – July 2026

Square footage is recorded for only 3 of these 13 sales (23%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 13 of these sales with a published asking price, the median closed at 94.3% of what it originally asked. 85% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Washington Heights instead.

### How these sales were negotiated

- **Sold vs original ask**: 94.3% of the original ask
- **Closed below ask**: 85% of 13 sales
- **Listed → in contract**: 135 days (about 19 weeks)
- **In contract → closed**: 85 days (about 12 weeks)

Across the 13 of these sales with a published asking price, the median closed at 94.3% of what it originally asked. 85% of them closed below the original ask.

Half of these homes were in contract within 135 days (about 19 weeks) of coming to market, based on the 13 with a recorded listing date.

Once a deal was agreed, closing took a further 85 days (about 12 weeks), based on the 13 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 13 co-op three-bedroom sales in Washington Heights, December 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 551 West 160th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/551-west-160th-street)

## Price and Property History for 551 West 160TH Street, Unit 5B

Review the recorded listing activity for 551 West 160TH Street, Unit 5B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $20,000, or 4.4%, on July 29, 2026
- **Originally listed**: April 12, 2025 at $606,000
- **Entered contract**: August 5, 2026
- **Last sold (recorded)**: $345,000 on August 30, 2022

| Date | Price | Listing event |
| --- | --- | --- |
| August 5, 2026 | $430,000 | Entered contract |
| July 29, 2026 | $430,000 | Asking price reduced by $20,000, or 4.4% |
| April 12, 2025 | $606,000 | Listed for sale by Corcoran Group |
| August 30, 2022 | $345,000 | Sold — recorded sale price |
| May 18, 2022 | $345,000 | Asking price reduced by $5,000, or 1.4% |
| March 25, 2022 | $350,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 20 apartments. The corporation’s 2026 property tax bill was $35,233 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 551 West 160th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/551-west-160th-street)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 551 West 160th Street

Washington Heights · Stock Cooperative

551 West 160th Street, New York, NY 10032

A building in Washington Heights, currently featuring 2 active listings.

- **Year Built**: 1907
- **Total Units**: 2
- **Floors**: 5

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/551-west-160th-street)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10032/551-west-160th-street-b-5B-ny-10032) | 3 | 1 | 858 sqft | $501 | $430,000 (-4.4%) — In contract | Corcoran Group | Apr 12, 2025 | 518 days |
| [4-D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10032/551-west-160th-street--d-4D-ny-10032) | 2 | 1 | — | — | $400,000 (-2.2%) | Bohemia Realty Group LLC | Feb 28, 2025 | 561 days |

## Estimated Monthly Payment

**$2,738 / month**, assuming a 20% down payment ($86,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,174
- **Common Charges**: $564

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Washington Heights

Overview of Washington Heights

[Explore Washington Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/washington-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Related Links

- [551 West 160th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/551-west-160th-street)
- [Washington Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/washington-heights)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.