# 48 3rd Avenue, Manhattan

Apartment building · 8 units · built c. 1900 · Block 556, Lot 28.

On Umarelli: https://umarelli.org/nyc/1005560028/48-3-avenue

More construction in Greenwich Village: https://umarelli.org/nyc/manhattan/greenwich-village.md

Every lot on block 556: https://umarelli.org/nyc/manhattan/556.md

## 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…

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology