425 West 18th Street, Manhattan
Condominium · 160 units · built 2017 · Block 716, Lot 7506.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $24,364,800
- Market value (city estimate)
- $54,144,000
- Taxable value
- $0
- Assessed land
- $993,600
- Assessed improvements
- $23,371,200
- Condo units with their own tax lots
- 2
Tax breaks
- Article XI exemption, through Jun 30, 2057, about $3,030,737 a year below the full tax.
Zoning
R8: floor area ratio 12.14 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
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
- Fulton Houses (City Planning P2012M0566): Completed, decided Feb 5, 2014. This is a Zoning Map Amendment to rezone a site from R8A to R8 and an Authorization pursuant to ZR Section 23-635 to facilitate the development of an affordable housing building on a NYCHA-owned site at the Fulton Houses.