196 7th Avenue, Manhattan
Apartment building · 77 units · built 1940 · Block 771, Lot 46.
Building permits
- Alteration, filed Mar 29, 2024, estimated cost $19K, described as “Job filed interior renovation of commercial store including new counter and equipment, new floor tile and new paint as per plan. No change of use, egress, or occupancy under this application.”
- Alteration, filed Feb 17, 2022, estimated cost $7K, described as “Refurbish existing store. Installation of storefront. No change in use, egress or occupancy.”
- Alteration, filed Apr 17, 2019, estimated cost $10K, described as “Installation of temporary construction fence filed in conjunction with lobby renovation filed under DOB application#: 122458615. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 16, 2018, estimated cost $4K, described as “Illuminated business accessory wall sign. No change to use, egress or occupancy”
Property taxes
- Assessment
- $7,480,800
- 2026–27 tax
- $333,950
- Market value (city estimate)
- $16,624,000
- Taxable value
- $2,684,700
- Assessed land
- $1,962,000
- Assessed improvements
- $5,518,800
Tax breaks
- J-51 exemption, through Jun 30, 2041, about $596,587 a year below the full tax.
Zoning
R8A (part of the lot is R8B): floor area ratio 5.34 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 152 W 124 ST (City Planning P1984M0767): Completed, decided Oct 25, 1984. LDA