# 368 Third Avenue, Manhattan

Condominium · 100 units · built 2019 · Block 882, Lot 7504.

On Umarelli: https://umarelli.org/nyc/1008827504/368-third-avenue

More construction in Gramercy: https://umarelli.org/nyc/manhattan/gramercy.md

Every lot on block 882: https://umarelli.org/nyc/manhattan/882.md

## Building permits

- Alteration, filed Jun 28, 2024, estimated cost $20K, described as “Minor interior renovation as indicated on the drawings.”
- Alteration, filed Jun 14, 2023, estimated cost $25K, described as “Interior renovation as per plans, minor demolition & errection of non-structural partitions, minor electrical and plumbing on existing roughing, interior finishes, closets and kitchen cabinets, no SP, FA or MH work. No change in use,…”
- Alteration, filed Oct 8, 2021, estimated cost $1K, described as “Site work proposed. Filed in conjunction with NB# 121190745. No change to use, egress, or occupancy.”
- Alteration, filed Aug 20, 2021, estimated cost $1K, described as “Erect, maintain and dismantle swing scaffold @ main roof, and building setback locations as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jun 17, 2021, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 17, 2021, estimated cost $1K, described as “This application is filed for a temporary Use permit for a sales office pursuant to section AC 28-111 and Buildings bulletin 2010-002”
- Alteration, filed Jul 17, 2019, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 2, 2019, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 25, 2019, described as “Installation of temporary supported scaffold as hoist runback structure per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 26, 2018, estimated cost $1K, described as “Installation of construction fence as per plans filed herewith.”
- Alteration, filed Jun 11, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 11, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $19,059,301
- 2026–27 tax: $2,109,059
- Market value (city estimate): $42,353,980
- Taxable value: $17,772,460
- Assessed land: $1,183,502
- Assessed improvements: $17,875,799
- Condo units with their own tax lots: 101

## Tax breaks

- Co-op and condo abatement, with no end date, a $86,531 credit this tax year.

## Zoning

C2-8 (part of the lot is R8B): floor area ratio 16.93 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 28, 2026: $2,610,000, Apt 11A
- Mar 31, 2026: $3,795,000, Apt 32A
- Mar 3, 2026: $3,580,000, Apt 31A
- Feb 13, 2026: $955,000, Apt 5E
- Sep 29, 2025: $2,950,000, Apt 14A
- Aug 28, 2025: $9,189,812, Unit PHB
- Jul 21, 2025: $2,665,000, Apt 9A
- Apr 10, 2025: $2,595,000, Apt 8A
- Mar 19, 2025: $1,300,000, Apt 23A
- Mar 17, 2025: $1,968,277, Apt 11C

The 10 most recent of 100 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## In the news

[VU Completes Construction at 368 Third Avenue in Kips Bay, Manhattan](https://newyorkyimby.com/2022/06/vu-completes-construction-at-368-third-avenue-in-kips-bay-manhattan.html), New York YIMBY, Jun 2, 2022.

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