# 40 West 27th Street, Manhattan

Commercial · built c. 1910 · Block 828, Lot 70.

On Umarelli: https://umarelli.org/nyc/1008280070/40-west-27-street

More construction in Flatiron: https://umarelli.org/nyc/manhattan/flatiron.md

Every lot on block 828: https://umarelli.org/nyc/manhattan/828.md

## Building permits

- Alteration, filed Jul 10, 2020, estimated cost $20K, described as “Installation of new (2) ac heat pump with air handlers as per plan and obtain new equipment use permit card. There is no change in use, occupancy, or means of egress under this application.”
- Alteration, filed Dec 12, 2019, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 31, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $4,442,400
- 2026–27 tax: $434,687
- Market value (city estimate): $9,872,000
- Taxable value: $4,007,070
- Assessed land: $1,125,000
- Assessed improvements: $3,317,400

## Zoning

M1-8A/R11: floor area ratio 11.93 built, 12.00 allowed by base zoning.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Landmarks

Part of Madison Square North Historic District (Historic District). 12 Landmarks Preservation Commission permits are on file.

## 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…
- Flatiron BID Expansion (City Planning 2021M0260): Business improvement district, Completed, filed Nov 30, 2020, decided May 19, 2021. An application from the Small Business Services (SBS) on behalf of the Flatiron Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 4 and 5 of Manhattan.

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