505 8th Avenue, Manhattan
Commercial · built c. 1930 · Block 759, Lot 37.
Building permits
- Alteration, filed Jul 20, 2026, estimated cost $181K, described as “Propose installation of (1) air-cooled VRF heat pump unit and (2) air handling units. Proposed installation of (1) single frame heat pump unit and (4) indoor air handling units with associated ductwork. No change to use, egress or…”
- Alteration, filed Jun 15, 2026, estimated cost $59K, described as “Propose to perform interior renovations. No change in use, egress or occupancy.”
- Alteration, filed Apr 8, 2026, described as “Installation of temporary sidewalk shed as per plan. There is no change in use, egress, or occupancy.”
- Alteration, filed Mar 23, 2026, estimated cost $45K, described as “Propose to file for mechanical work for two (2) air-cooled packaged units with ductwork. No change to use, egress or occupancy.”
- Alteration, filed Oct 2, 2025, described as “Installation of suspended scaffold for facade inspection/repair.”
- Alteration, filed Sep 4, 2025, estimated cost $67K, described as “Propose to show existing non-bearing partitions and doors filed under 121871359 that is expired by limitations and new partition work and lighting. No change to use, egress or occupancy.”
- Alteration, filed Sep 4, 2025, estimated cost $25K, described as “Propose installation of (1) air cooled packaged HVAC unit. Work originally permitted and filing fees were paid under 121872143 but project has expired by limitations, so we are filing again now. No change in use, egress or occupancy.”
- Alteration, filed Aug 10, 2022, estimated cost $65K, described as “Propose to install new AC/ACCU units with ductwork. No change to use, egress or occupancy.”
- Alteration, filed Jul 27, 2022, estimated cost $18K, described as “Propose to remove interior partitions. No change in use, egress or occupancy.”
- Alteration, filed Dec 27, 2021, estimated cost $8K, described as “Propose to infill existing opening (pass through to 311 West 35th Street). No change to use, egress or occupancy.”
- Alteration, filed Aug 26, 2021, estimated cost $38K, described as “Propose to install new AC/ACCU units. No change to use, egress or occupancy.”
- Alteration, filed Jul 9, 2021, described as “Installation of heavy duty sidewalk shed. No change in use, occupancy or egress. Work shall comply with chapter 33 of nycc.”
- Alteration, filed Mar 25, 2021, estimated cost $9K, described as “Propose work is for new sprinkler work on the 23RD floor -big apple space. No change to use, egress or occupancy.”
- Alteration, filed Mar 17, 2021, estimated cost $300K, described as “Facade repair”
- Alteration, filed Feb 16, 2021, estimated cost $115K, described as “Propose to perform mechanical work, including new AC unit. No change in use, egress or occupancy.”
- Alteration, filed Feb 6, 2020, estimated cost $33K, described as “Installation of new split system HVAC unit with ductwork. No change to use, egress or occupancy. (Suite 2504)”
- Alteration, filed May 15, 2018, estimated cost $3K, described as “Installation of business accessory illuminated wall sign. No change to use, occupancy, or egress.”
- Alteration, filed Mar 27, 2018, estimated cost $3K, described as “Install illuminated double faced blade sign on wall (the tailor public house & kitchen)”
- Alteration, filed Mar 19, 2018, estimated cost $14K, described as “Install illuminated sign on wall (the tailor public house & kitchen)”
Property taxes
- Assessment
- $28,580,400
- 2026–27 tax
- $3,006,597
- Market value (city estimate)
- $63,512,000
- Taxable value
- $27,715,680
- Assessed land
- $2,619,000
- Assessed improvements
- $25,961,400
Zoning
M1-9A/R12 (part of the lot is C6-4M): floor area ratio 23.67 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Midtown South Mixed-Use Plan (MSMX) (City Planning 2024M0142): Zoning map change, Zoning text change, Completed, filed Jan 16, 2025, decided Aug 14, 2025. The Department of City Planning is seeking a Zoning Map amendment from M1-6 and M1-6D to M1-9A/R12, M1-8A/R12, and M1-8A/R11 and a Zoning Text amendment to facilitate the development of housing and support critical economic activity across…
- Garment Center Text Amendment (City Planning 2018M0412): Completed, decided Dec 26, 2018. The NYC Department of City Planning proposes a zoning text amendment to the Special Garment Center District to better reflect the current land use and promote a healthy mix of uses. In addition to changes regarding use regulations within…