371 7th Avenue, Manhattan
Hotel · built c. 1929 · Block 806, Lot 76.
Building permits
- Major Renovation — Conversion, filed Oct 22, 2026, estimated cost $73.0M, 63 units added, 31 stories, described as “Filing herewith Alteration-CO to establish existing class B hotel for long term residences per MDL 301 (7); scope includes but not limited to gen. construction w/ interiors removals, partitions & finishes, exterior removals & construction,…”
- Alteration, filed Oct 14, 2026, described as “FISP INSPECTION (Facade Inspection Safety Program). INDUSTRIAL ROPE ACCESS TECHNIQUES AND METHODS. SEE ATTACHED PLANS. Designated Primary Site supervisor: Jesus Decola”
- Alteration, filed Dec 5, 2024, estimated cost $8.3M, described as “Propose to convert existing hotel use group V to II for residential use per MDL Article 7B with general constructions per plan. Obtain a new C of O.”
- Alteration, filed Apr 15, 2024, estimated cost $15K, described as “Garage repairs as per plans; no change to occupancy, use, or egress.”
- Alteration, filed Feb 14, 2024, described as “Facade Restoration - Inspection- Adding Calculations”
- No Work, filed Nov 15, 2023
- Alteration, filed Aug 2, 2023, estimated cost $900K, described as “Parapet repair involve replacement/repatching of any bulging, cracked and spalling brick and repointing.”
- Alteration, filed May 22, 2023, estimated cost $32K, described as “It is proposed to file to repair/replace steel beams on basement floor(parking garage). No change in egress, use, or occupancy.”
- Alteration, filed Oct 28, 2022, estimated cost $2K, described as “Proposed non-structural demolition as shown on plans. No change in use egress, or occupancy.”
- Alteration, filed Aug 19, 2021, described as “Sidewalk shed installed per plans, no change in use, egress or occupancy”
- Alteration, filed Nov 20, 2019, estimated cost $2K, described as “Installation of an illuminated accessory business wall sign reading : paris baguette”
- Alteration, filed Nov 15, 2019, estimated cost $2K, described as “Installation of an illuminated accessory business wall sign reading : boulangerie -pattisserie”
- Alteration, filed Nov 15, 2019, estimated cost $2K, described as “Installation of an illuminated accessory business wall sign reading : paris baguette”
- Alteration, filed May 21, 2019, estimated cost $750, described as “Install construction fence in conjunction with A2 Job No. 123662624”
- Alteration, filed Sep 4, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $53,057,700
- 2026–27 tax
- $326,686
- Market value (city estimate)
- $117,906,000
- Taxable value
- $47,276,100
- Assessed land
- $10,170,000
- Assessed improvements
- $42,887,700
Zoning
C6-4: floor area ratio 24.90 built, above the 10.00 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, 2025: $260,000,000, sold with other lots
- Dec 20, 2016: $212,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- AFFINIA MANHATTAN HOTEL (City Planning P2007M0272): Completed, decided Oct 25, 2012. 06DCP069M: SPECIAL PERMIT TO ALLOW AN EXISTING PUBLIC GARAGE FOR 94 CARS IN A HOSTEL
In the news
Affordable Housing Conversion Begins At 371 Seventh Avenue In Midtown, Manhattan, New York YIMBY, Dec 23, 2025.