246 West 38th Street, Manhattan
Commercial · built c. 1922 · Block 787, Lot 67.
Building permits
- No Work, filed Sep 24, 2024, described as “TPA request for 6th floor space, one day event on October 3rd, 2024, 5pm to 9pm with 150 persons and 2 FGs”
- Alteration, filed Sep 11, 2023, estimated cost $336K, described as “General Construction work for existing office space at 6th floor.”
- Alteration, filed Aug 30, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jun 21, 2023, estimated cost $150K, described as “Filing for facade repair from floors 001-014 as per plans filed herewith. No change in egress, use or occupancy.”
- Alteration, filed May 24, 2023, estimated cost $112K, described as “Demo work only at 6th floor existing office space.”
- Alteration, filed Jul 12, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $7,695,450
- 2026–27 tax
- $790,782
- Market value (city estimate)
- $17,101,000
- Taxable value
- $7,289,660
- Assessed land
- $873,000
- Assessed improvements
- $6,822,450
Zoning
M1-9A: floor area ratio 13.00 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 29, 2023: $3,895,000
Open-market sales since 2016, from the Department of Finance’s sales files.
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…