# 408 8th Avenue, Manhattan

Condominium · 29 units · built 1986 · Block 780, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1007807501/408-8-avenue

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

Every lot on block 780: https://umarelli.org/nyc/manhattan/780.md

## Building permits

- Alteration, filed Apr 2, 2025, estimated cost $9K, described as “Proposed of brick replacement, stucco repair and parapet wall height to be done as needed as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Oct 14, 2024, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 11, 2024, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 10, 2024, estimated cost $10K, described as “Proposed of bricks replacement, parapet wall, stucco repair, brick pointing and window sill and lintels to be done as needed as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Sep 3, 2021, estimated cost $30K, described as “Proposed plumbing work filed in conjunction with APPLICATION#M00580978.”
- Alteration, filed Sep 2, 2021, estimated cost $150K, described as “Proposed kfc at first floor. No change in use, egress or occupancy.”
- Alteration, filed Aug 9, 2019, estimated cost $6K, described as “Proposed installation of heavy duty sidewalk shed for remedial repairs as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code.”
- Alteration, filed Aug 8, 2019, estimated cost $9K, described as “Alteration type 3 - construction equipment - scaffold proposed installation of pipe scaffold for remedial repairs as per plans. No change in use occupancy or egress under this application.”

## Property taxes

- Assessment: $5,492,758
- 2026–27 tax: $517,374
- Market value (city estimate): $12,206,107
- Taxable value: $4,549,138
- Assessed land: $491,402
- Assessed improvements: $5,001,356
- Condo units with their own tax lots: 30

## Tax breaks

- Co-op and condo abatement, with no end date, a $27,680 credit this tax year.

## Zoning

C6-3X: floor area ratio 5.21 built, 9.00 allowed by base zoning.

## Recent sales

- Feb 17, 2026: $950,000, Apt 3A
- Jul 20, 2022: $980,000, Apt 11C
- Jun 23, 2022: $1,050,000, Apt 8A
- Feb 22, 2022: $900,000, Apt 11C
- Apr 15, 2016: $960,000, Apt 11C

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

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