580 8th Avenue, Manhattan
Commercial · built c. 1928 · Block 788, Lot 4.
Building permits
- Alteration, filed Aug 11, 2023, estimated cost $58K, described as “Application filed for modifications/additions to mechanical systems on the 15th, 16th 17th, 18th and 20TH floors, and roof as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Dec 15, 2020, estimated cost $6K, described as “Alteration type 3 - construction equipment - sidewalk- shed proposed installation of heavy duty sidewalk shed. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with…”
- Alteration, filed Mar 5, 2020, estimated cost $43K, described as “Modification to the HVAC unit support frame. No change to use egress or occupancy.”
- Alteration, filed Jan 16, 2020, estimated cost $40K, described as “Modification to an existing mechanical system. No change of use, egress or occupancy.”
- Alteration, filed Jan 15, 2020, estimated cost $8K, described as “Modification to an existing sprinkler system.”
- Alteration, filed Jan 15, 2020, estimated cost $3K, described as “Modification to an existing plumbing system.”
- Alteration, filed Oct 22, 2019, described as “Installation of an Electric Boiler”
Property taxes
- Assessment
- $4,777,650
- 2026–27 tax
- $475,995
- Market value (city estimate)
- $10,617,000
- Taxable value
- $4,387,860
- Assessed land
- $657,000
- Assessed improvements
- $4,120,650
Zoning
M1-9A: floor area ratio 21.81 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 19, 2018: $17,705,951
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…