470 7th Avenue, Manhattan
Commercial · built c. 1924 · Block 785, Lot 41.
Building permits
- Alteration, filed May 9, 2022, estimated cost $100K, described as “Mechanical work as per plans filed herewith. no change to use, egress or occupancy.”
- Alteration, filed May 3, 2022, estimated cost $80K, described as “General construction work as per plans filed herewith. no change to use, egress or occupancy.”
- Alteration, filed Mar 14, 2022, estimated cost $80K, described as “Minor interior alteration, non bearing partitions and finishes.no change to use, zoning, occupancy or egress.”
- Alteration, filed Feb 28, 2022, estimated cost $273K, described as “Facade restoration (phase 1) as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Feb 11, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
Property taxes
- Assessment
- $7,062,300
- 2026–27 tax
- $705,294
- Market value (city estimate)
- $15,694,000
- Taxable value
- $6,501,600
- Assessed land
- $1,030,500
- Assessed improvements
- $6,031,800
Zoning
M1-9A/R12: floor area ratio 13.09 built, 15.00 allowed by base zoning.
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…