48 West 12th Street, Manhattan
Co-op · 9 units · built c. 1854 · Block 575, Lot 31.
Building permits
- Alteration, filed Sep 25, 2025, estimated cost $100K, described as “Restore structural stability for apartment # 1R. No change in use, egress, or occupancy is involved under this application.”
- Alteration, filed Aug 20, 2020, estimated cost $10K, described as “Installation of an air conditioning system at apartment 2F. Work at second floor and roof. No change in use, egress, or occupancy is proposed.”
Property taxes
- Assessment
- $2,479,500
- 2026–27 tax
- $79,528
- Market value (city estimate)
- $5,510,000
- Taxable value
- $748,311
- Assessed land
- $316,800
- Assessed improvements
- $2,162,700
Tax breaks
- Co-op and condo abatement, with no end date, a $13,907 credit this tax year.
Zoning
R6: floor area ratio 2.75 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Apr 2, 2025: $995,000
- Sep 22, 2021: $775,000
- Aug 2, 2017: $740,000
- Jun 14, 2017: $890,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Greenwich Village Historic District (Historic District). 19 Landmarks Preservation Commission permits are on file.