# 538 West 29th Street, Manhattan

Vacant land · Block 700, Lot 55.

On Umarelli: https://umarelli.org/nyc/1007000055/538-west-29-street

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

## Building permits

- Alteration, filed Mar 6, 2024, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, overhead protection and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Demolition, filed Oct 25, 2023, estimated cost $300K, described as “Full demolition of 3 story structure using hand held and mechanical to assist”
- Alteration, filed Nov 13, 2018, estimated cost $1K, described as “Installation of construction fence, to protect site during full demolition”

## Property taxes

- Assessment: $140,400
- 2026–27 tax: $14,264
- Market value (city estimate): $312,000
- Taxable value: $131,490
- Assessed land: $140,400

## Zoning

C6-3: floor area ratio 0.00 built, 7.52 allowed by base zoning.

## Recent sales

- Aug 20, 2026: $33,500,000, sold with other lots
- Mar 13, 2019: $11,000,000

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

## Board and land use applications

- 542 West 29th St. WCh Affordable Housing Fund Cert (City Planning 2020M0375): Certification, Filed, filed May 21, 2020. This is a private application by W29 Owner LLC for a Chairperson certification pursuant to ZR 98-262(c) to permit an increase in the allowable FAR through a contribution to the West Chelsea Affordable Housing Fund (WCAHF) on the property…
- Appeal (Board of Standards and Appeals 292-05-A): Appeal, Withdrawn, filed Sep 23, 2005, decided Sep 17, 2007. The BSA resolution referenced by the applicant is no longer in effect, the post approval Amendment approved on August 10, 2005 did not include any amended plans, egress into the rear yard of 535 West 29th Street is unlawful and the revised…

## In the news

[538-542 West 29th Street Prepares For Demolition in West Chelsea, Manhattan](https://newyorkyimby.com/2024/03/538-542-west-29th-street-prepares-for-demolition-in-west-chelsea-manhattan.html), New York YIMBY, Mar 3, 2024.

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