# 127 8th Avenue, Manhattan

Condominium · 53 units · built 2008 · Block 740, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1007407501/127-8-avenue

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

Every lot on block 740: https://umarelli.org/nyc/manhattan/740.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## 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.

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