515 West 27th Street, Manhattan
Commercial · built c. 1935 · Block 699, Lot 23.
Building permits
- New Building — Mid-Rise, filed Mar 11, 2026, 56 units, 16 stories, described as “New 16 story mixed use building.”
- Demolition, filed May 19, 2026, estimated cost $15K, described as “Demo detached 1 story structure slab on grade”
Property taxes
- Assessment
- $1,014,750
- 2026–27 tax
- $106,858
- Market value (city estimate)
- $2,255,000
- Taxable value
- $985,050
- Assessed land
- $102,150
- Assessed improvements
- $912,600
Zoning
C6-3: floor area ratio 1.00 built, 7.52 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- May 5, 2026: $4,025,000, 2,465 sq ft ($1,633 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 515 West 27th Street in Chelsea, Manhattan, New York YIMBY, Mar 15, 2026.