54 3rd Avenue, Manhattan
Vacant land · Block 556, Lot 24.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $251,100
- 2026–27 tax
- $22,202
- Market value (city estimate)
- $558,000
- Taxable value
- $204,660
- Assessed land
- $251,100
Zoning
C6-2A: floor area ratio 0.00 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 28, 2021: $12,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 50-64 Third Avenue/St. Mark’s Landmarks Transfer (City Planning 2026M0208): Authorization, Certification, Filed, filed Oct 9, 2026. A certification pursuant to ZR 75-422 to transfer development rights from an individual landmark and an authorization pursuant to ZR 75-24 to modify bulk regulations in connection with such transfer are being sought by 62-64 Third Ave L.P.…
- Union Square South (City Planning 2019M0123): Completed, decided Nov 4, 2020. This is an application by the Department of City Planning requesting a zoning map and zoning text amendment to expand the Special Union Square District, create a new subdistrict (Subdistrict B), and establish a special permit for new hotel…
In the news
50-64 Third Avenue Awaits Excavation in Manhattan’s East Village, New York YIMBY, Sep 7, 2025.