240 5th Avenue, Manhattan
Commercial · built c. 1850 · Block 829, Lot 38.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,134,900
- 2026–27 tax
- $118,642
- Market value (city estimate)
- $2,522,000
- Taxable value
- $1,093,680
- Assessed land
- $544,500
- Assessed improvements
- $590,400
Zoning
C5-2: floor area ratio 4.03 built, 10.00 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). 3 Landmarks Preservation Commission permits are on file.
Board and land use applications
- 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.