488 7th Avenue, Manhattan
Apartment building · 104 units · built c. 1902 · Block 786, Lot 42.
Building permits
- Alteration, filed Jan 9, 2026, estimated cost $200K, described as “Refurbish corridors and lobby.”
- Alteration, filed Oct 11, 2025, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed Aug 17, 2025, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed May 14, 2025, estimated cost $17K, described as “Interior alteration of an existing 1ST floor commercial space. No change of use, zoning, or egress.”
- Alteration, filed May 5, 2025, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed Nov 17, 2023, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed Oct 17, 2023, estimated cost $90K, described as “Store renovation including partitions, flooring, and ceiling. No change in use, egress, or occupancy.”
- Alteration, filed Sep 8, 2023, estimated cost $11K, described as “New partition”
- Alteration, filed Jul 12, 2023, estimated cost $20K, described as “New demising partitions in K-Line apartments”
- Alteration, filed May 4, 2022, estimated cost $180K, described as “Filing for general construction for facade repairs consisting of stone replacement, stone repairs, brickwork replacement and windowsill replacement.”
- Alteration, filed Jan 12, 2022, estimated cost $8K, described as “Installation of heavy duty sidewalk shed during bldg alteration, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 4, 2021, estimated cost $2K, described as “Erect an illuminated sign on wall.not within view of arterial highway or public park 1/2 acre or more. No change in use, egress or occupancy.”
- Alteration, filed Mar 9, 2021, estimated cost $15K, described as “FedEx: Renovation to Retail Store, including new exhaust fan and associated ductwork”
- Alteration, filed Mar 9, 2021, estimated cost $172K, described as “FedEx: Renovation to Retail Store at southeast of building”
- Alteration, filed Feb 17, 2021, estimated cost $1K, described as “Illuminated non advertising accessory wall sign - fedex - no change to use, egress, or occupancy”
- Alteration, filed Feb 17, 2021, estimated cost $1K, described as “Illuminated non advertising accessory wall sign - fedex - no change to use, egress, or occupancy”
- Alteration, filed Feb 17, 2021, estimated cost $200, described as “Interior illuminated non advertising accessory sign - inside property line - fedex - no change to use, egress, or occupancy”
- Alteration, filed Oct 26, 2020, estimated cost $14K, described as “Install new plumbing fixtures at retail space at first floor. no change in use, egress or occupancy.”
- Alteration, filed Jan 8, 2019, estimated cost $3K, described as “Illuminated business accessory wall sign. No change to use, egress or occupancy”
- Alteration, filed Dec 4, 2018, estimated cost $7K, described as “Install illuminatd non flashing, accessory business sign. Wording: Logo, Gray Lines Linen.”
- Alteration, filed Aug 22, 2018, estimated cost $10K, described as “To install an indirectly illuminated wall advertising sign. Structure filed under another application. This application will replace existing sign applications # 120477368, 120477377 and 120477340. No change in use, egress or occupancy”
Property taxes
- Assessment
- $15,128,100
- 2026–27 tax
- $1,649,100
- Market value (city estimate)
- $33,618,000
- Taxable value
- $13,257,500
- Assessed land
- $1,539,000
- Assessed improvements
- $13,589,100
Zoning
M1-9A/R12: floor area ratio 11.25 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…