127 8th Avenue, Manhattan
Condominium · 53 units · built 2008 · Block 740, Lot 7501.
Building permits
- Alteration, filed May 20, 2025, estimated cost $3K, described as “Illuminated non advertising accessory business sign on wall. Sign wording: metro private cinema”
- Alteration, filed Nov 22, 2024, estimated cost $121K, described as “Propose to perform sprinkler and standpipe work. No change to use, egress or occupancy.”
- Alteration, filed Oct 17, 2024, estimated cost $2.2M, described as “Propose changing the use from Retail in the cellar and on the 1st floor to an Eating and Drinking Establishment.”
- Alteration, filed Oct 10, 2024, estimated cost $3K, described as “Temporary work platform as per drawings. Work platform shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 6, 2024, estimated cost $155K, described as “Propose to perform plumbing work. No change to use, egress or occupancy.”
- Alteration, filed Oct 6, 2024, estimated cost $902K, described as “Propose to perform mechanical work, including ventilation system for commercial kitchen. No change to use, egress or occupancy.”
- Alteration, filed Sep 24, 2024, estimated cost $62K, described as “Propose to perform structural, foundation and earthwork. No change to use, egress or occupancy.”
- Alteration, filed Sep 18, 2024, estimated cost $556K, described as “Propose to perform interior renovations. No change to use, egress or occupancy.”
- Alteration, filed Sep 17, 2024, estimated cost $40K, described as “Propose to file for temp sprinkler loop. No change to use, egress or occupancy.”
- Alteration, filed Aug 15, 2024, estimated cost $91K, described as “Propose to remove interior partitions. No change to use, egress or occupancy.”
- Alteration, filed Aug 13, 2024, estimated cost $11K, described as “Installation of a new 2" low pressure gas supply with service provider primary metering to serve the Metro Cinemas tenancy's cellar level commercial cooking. No change in egress, use or occupancy.”
- Alteration, filed May 3, 2023, estimated cost $101K, described as “VERIZON - Install 4 sectors (12 antennas), 12 RRH units, 2 GPS units, and exterior platform with 2 cabinets on roof. All in conformance with TPPN 5/98. No change in use, egress, or occupancy.”
- Alteration, filed Nov 12, 2021, estimated cost $60K, described as “Modify flue pipes and install caged access ladders on roof as per plans. No change in use, egress, or occupancy.”
- Alteration, filed Nov 16, 2020, estimated cost $12K, described as “New mechanical work for Bank of America tenant improvement.”
Property taxes
- Assessment
- $17,378,100
- 2026–27 tax
- $1,898,449
- Market value (city estimate)
- $38,618,000
- Taxable value
- $16,122,316
- Assessed land
- $2,268,000
- Assessed improvements
- $15,110,100
- Condo units with their own tax lots
- 2
Zoning
C1-6A: floor area ratio 5.23 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 9, 2026: $1,195,000
- Aug 27, 2026: $2,150,000
- Jul 16, 2026: $875,000
- Jun 8, 2026: $1,500,000
- Apr 14, 2026: $2,400,000
- Apr 30, 2025: $1,810,000
- May 23, 2024: $690,000
- Apr 30, 2024: $1,500,000
- Oct 17, 2022: $699,000
- Apr 6, 2022: $1,150,000
The 10 most recent of 29 open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Change to an earlier grant (Board of Standards and Appeals 123-95-BZ): Change to an earlier grant, Granted, filed Oct 1, 1999, decided Mar 28, 2000. Request for a waiver of the Rules of Practice and Procedure and reopening for an extension of term of variance which expired July 23, 1999.