48 3rd Avenue, Manhattan
Apartment building · 8 units · built c. 1900 · Block 556, Lot 28.
Building permits
- Alteration, filed Jun 15, 2021, estimated cost $12K, described as “Rebuild deteriorated parapet wall. Existing 55' , pointing parapet wall to be reduced and leveled with the existing parapet wall. Existing combined metal skylight with louvered ventilation to be removed and replaced.”
- Alteration, filed Oct 8, 2020, estimated cost $6K, described as “Installation of heavy duty sidewalk shed during building alteration, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
Property taxes
- Assessment
- $3,996,900
- 2026–27 tax
- $99,698
- Market value (city estimate)
- $8,882,000
- Taxable value
- $801,498
- Assessed land
- $1,170,000
- Assessed improvements
- $2,826,900
Zoning
C6-2A: floor area ratio 4.84 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
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…