# 40 University Place, Manhattan

Co-op · 74 units · built c. 1926 · Block 567, Lot 19.

On Umarelli: https://umarelli.org/nyc/1005670019/40-university-place

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

Every lot on block 567: https://umarelli.org/nyc/manhattan/567.md

## Building permits

- Alteration, filed Oct 16, 2026, estimated cost $144K, described as “Interior renovation of APT 2D as per plans filed herewith. Related Plumbing work filed as subsequent application. No change to use, egress or occupancy.”
- Alteration, filed Jun 17, 2026, estimated cost $40K, described as “Installation of heavy duty sidewalk shed. No change in use, occupancy or egress under this application, all work to comply with chapter 33 of nycbc.”
- Alteration, filed Feb 12, 2025, estimated cost $41K, described as “Minor alteration of existing dwelling unit 4B no change to use, egress or occupancy.”
- Alteration, filed Oct 8, 2024, estimated cost $22K, described as “File general construction work on 1ST floor store to repair ceiling, walls, new floor tiles, partition,and painting as per plan. No change in use, egress or occupancy.”
- Alteration, filed Jul 24, 2024, estimated cost $1K, described as “Installation of temporary sidewalk shed as per dwgs. No change in use, occupancy or egress under this application.”
- Alteration, filed Jun 8, 2023, estimated cost $28K, described as “Interior alterations @ unit 12FG: ceiling slab repairs/replacement as per plans. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 15, 2022, estimated cost $35K, described as “Carrier: Dish Wireless. New Antenna Installation. Install (2) exterior cabinets on a new platform on the roof. Install (3) new antennas, (3) new OVP devices, and (6) new RRH units on a new antenna frame. In conformance w/ TPPN #5/98. No…”
- Alteration, filed Oct 25, 2022, estimated cost $200K, described as “Interior renovation to Combine Units 12F & 12G only. No change in use, egress, and occupancy under this application.”
- Alteration, filed Sep 1, 2022, estimated cost $159K, described as “Structural steel framing work for sidewalk and vault replacement as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Mar 16, 2022, estimated cost $33K, described as “Remove, replace, relocate and install new pl fixtures as per plans submitted herewith (general construction filed under application #M00671316)”
- Alteration, filed Mar 15, 2022, estimated cost $595K, described as “Interior renovation to existing apartment #6A on the 6TH floor. Remove and construct new partitions. All as per plan . No change in use egress or occupancy. (plumbing to be filed undeer separate application)”
- Alteration, filed Aug 12, 2021, estimated cost $6K, described as “Installation of two (2) new AC units and 2 steam radiators. No change in use, occupancy, or egress.”
- Alteration, filed Jul 23, 2021, estimated cost $60K, described as “Apt. #4C, erect minor interior partitions. Plumbing work to be filed under subsequent application. No change to egress, occupancy or use.”
- Alteration, filed Mar 2, 2021, estimated cost $85K, described as “Interior renovation of existing class A apartment #6F on the 6th floor of an existing residential building. Architectural work. No change in use, occupancy, or egress.”
- Alteration, filed Sep 21, 2020, estimated cost $10K, described as “Plumbig work at apartment #8F on the 8TH floor of exisitng building, all as per plan.”
- Alteration, filed Feb 8, 2019, estimated cost $8K, described as “Install pipe scaffold as per drawings.”
- Alteration, filed Apr 17, 2018, estimated cost $21K, described as “Alteration type 3 - construction equipment - sidewalk- shed proposed installation of light duty sidewalk shed. No change in use occupancy or egress under this application. Live load 150 per square feet. Sidewalk shed shall comply with…”

## Property taxes

- Assessment: $14,063,400
- 2026–27 tax: $1,415,019
- Market value (city estimate): $31,252,000
- Taxable value: $13,200,009
- Assessed land: $918,000
- Assessed improvements: $13,145,400

## Tax breaks

- Co-op and condo abatement, with no end date, a $227,725 credit this tax year.

## Zoning

C1-7: floor area ratio 9.59 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 5, 2026: $935,000
- Feb 26, 2026: $4,800,000
- Feb 24, 2026: $1,995,000
- Jan 8, 2026: $665,000
- Sep 18, 2025: $3,950,000
- Jul 17, 2025: $1,975,000
- Jul 1, 2025: $1,995,000
- Mar 27, 2025: $1,890,000
- Mar 20, 2025: $2,800,000
- Sep 12, 2024: $3,520,500

The 10 most recent of 31 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 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