# 124 West 18th Street, Manhattan

Condominium · 6 units · built c. 1920 · Block 793, Lot 7504.

On Umarelli: https://umarelli.org/nyc/1007937504/124-west-18-street

More construction in Chelsea: https://umarelli.org/nyc/manhattan/chelsea.md

Every lot on block 793: https://umarelli.org/nyc/manhattan/793.md

## Building permits

- Alteration, filed Oct 17, 2023, estimated cost $24K, described as “Replacement of existing mechanical units with the same in kind and installation of split system at roof level as per plans attached herewith. No change in use, egress and occupancy.”

## Property taxes

- Assessment: $4,265,552
- 2026–27 tax: $246,805
- Market value (city estimate): $9,479,001
- Taxable value: $2,142,762
- Assessed land: $198,900
- Assessed improvements: $4,066,652
- Condo units with their own tax lots: 7

## Tax breaks

- Co-op and condo abatement, with no end date, a $19,734 credit this tax year.

## Zoning

C6-2A: floor area ratio 4.56 built, 6.02 allowed by base zoning.

## Recent sales

- Jun 17, 2025: $1,700,000, Apt 1
- Feb 23, 2022: $2,300,000, Apt 3

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

- 124 W18TH ST (City Planning P1990M0289): Completed, decided Jun 18, 1990. CERT FOR THE PRESERVATION OF COMMERCIAL AREA ON THE 1ST,\*3RD & 5TH FLOORS WITH TOTAL AREA OF BLDG APPROX 13,000SF
- 124 W18TH ST (City Planning P1988M0100): Completed, decided Oct 3, 1988. CERT FOR CONVERSION OF FLOORS 2-7 FOR RESIDENTIAL USE &\*WAIVER OF FLOOR AREA PRESERVATION FOR MANUFACTURING OR\*COMMERCIAL USES IN A BLDG W/APPROX 11,000SF
- 124 W18TH ST (City Planning P1983M1181): Completed, decided Feb 28, 1985. CERT-GRANDFATHERING DETERMINATION(ZR15-215) TO LEGALIZE 4\*UNITS IN A 7 STORY BLDG

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