# 162 11th Avenue, Manhattan

Commercial · built c. 1930 · Block 694, Lot 1.

On Umarelli: https://umarelli.org/nyc/1006940001/559-west-22-street

More construction in Chelsea: https://umarelli.org/nyc/manhattan/chelsea.md

## Building permits

- Major Renovation — Residential, filed Aug 13, 2026, estimated cost $1.8M, 1 unit in all, 4 stories, described as “Convert and enlarge existing 4 story mixed-use building (eating and drinking establishment and SRO) to a 4 story and penthouse mixed-use building (office and single family residence).”
- Alteration, filed Jun 23, 2026, estimated cost $810K, described as “Removal of interior finishes and non-load bearing partitions to be replaced in kind. No change to use, egress, or occupancy.”
- Alteration, filed Dec 9, 2022, estimated cost $5K, described as “Installation of heavy duty sidewalk shed during bldg alteration, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Dec 6, 2022, estimated cost $5K, described as “Installation of construction fence as per drawings. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Fence installed on sw/rdwy. Dot permits by others.”

## Property taxes

- Assessment: $808,650
- 2026–27 tax: $85,516
- Market value (city estimate): $1,797,000
- Taxable value: $788,310
- Assessed land: $157,500
- Assessed improvements: $651,150

## Zoning

C6-3: floor area ratio 4.00 built, 7.52 allowed by base zoning.

## Recent sales

- Apr 27, 2026: $4,000,000, 7,408 sq ft ($540 per sq ft)
- Oct 10, 2017: $16,625,000, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).

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