# 490 8th Avenue, Manhattan

Commercial · built 1975 · Block 784, Lot 80.

On Umarelli: https://umarelli.org/nyc/1007840080/490-8-avenue

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

Every lot on block 784: https://umarelli.org/nyc/manhattan/784.md

## Building permits

- Demolition, filed May 27, 2026, estimated cost $550K, described as “Full demolition of one-story structure, using handheld and mechanical means to assist from exterior.”
- Alteration, filed Apr 15, 2025, estimated cost $20K, described as “Installation of temporary roof protection per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”

## Property taxes

- Assessment: $2,628,000
- 2026–27 tax: $246,101
- Market value (city estimate): $5,840,000
- Taxable value: $2,268,630
- Assessed land: $999,000
- Assessed improvements: $1,629,000

## Zoning

M1-9A/R12: floor area ratio 1.98 built, 15.00 allowed by base zoning.

## Recent sales

- Mar 19, 2026: $12,000,000, 9,400 sq ft ($1,277 per sq ft)

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

- 484 8th Avenue - Subway Stair Relocation (City Planning 2026M0519): Certification, Completed, filed Aug 12, 2026, decided Sep 16, 2026. A zoning certification pursuant to ZR Section 37-43 to modify the requirements of ZR Section 37-41 for the relocation of the existing A/C/E subway stair to be located in a proposed as-of-right mixed-use building on 484 8th Avenue…
- 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…

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