# 338 West 39th Street, Manhattan

Hotel · built 2017 · Block 762, Lot 61.

On Umarelli: https://umarelli.org/nyc/1007620061/338-west-39-street

More construction in Garment District: https://umarelli.org/nyc/manhattan/garment-district.md

Every lot on block 762: https://umarelli.org/nyc/manhattan/762.md

## Building permits

- Alteration, filed Apr 20, 2023, estimated cost $2K, described as “Three non-illuminated non-advertising accessory awnings - pestana CR7 times square hotel. No change of use, egress or occupancy.”
- Alteration, filed Jul 23, 2020, estimated cost $1K, described as “Installation of a fuel storage tank filed in conjunction with NB application 121189659.”
- Alteration, filed Jul 14, 2020, estimated cost $725, described as “Erect illuminated wall sign”
- Alteration, filed Jul 14, 2020, estimated cost $3K, described as “Erect illuminated wall sign”

## Property taxes

- Assessment: $13,110,750
- 2026–27 tax: $1,336,533
- Market value (city estimate): $29,135,000
- Taxable value: $12,320,550
- Assessed land: $1,555,200
- Assessed improvements: $11,555,550

## Zoning

C6-4M: floor area ratio 15.80 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 4, 2020: $31,500,000, 77,999 sq ft ($404 per sq ft)
- Jul 21, 2017: $1,161,500

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

- 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…
- 338 West 39th Street (HY DIB) (City Planning P2016M0188): Completed. This is a private application for a Hudson Yards District Improvement Bonus Chair Certification pursuant to ZR 93-31.

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