242 West 49th Street, Manhattan
Hotel · built c. 1925 · Block 1020, Lot 57.
Building permits
- Alteration, filed Jan 29, 2025, estimated cost $70K, described as “Exterior restoration: sill replacement, parapet reconstruction and increase in parapet heght.”
- Alteration, filed Dec 27, 2024, described as “Installation of suspended scaffold for facade work or inspection”
- Alteration, filed Nov 21, 2024, estimated cost $6K, described as “Installation of a temporarily heavy-duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 12, 2024, estimated cost $50K, described as “Removal of interior non load-bearing partitions and finishes at cellar and first floor of existing restaurant space. Spaces are unoccupied. Entire building is unoccupied. No change to use, occupancy or egress.”
- Alteration, filed Jul 21, 2023, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. Pipe scaffolding shall comply with chapter # 33 of the NYC code 2022, no changes in use egress or occupancy under this application.”
- Alteration, filed Apr 10, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 13, 2023, estimated cost $81K, described as “Proposed interior renovation work on existing 7 story building. Work on cellar, 1st thru. 7th floor, roof & stair bulkhead. As per plan. No change in use, egress or occupancy.”
- Alteration, filed Oct 3, 2019, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 25, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $3,367,800
- 2026–27 tax
- $317,880
- Market value (city estimate)
- $7,484,000
- Taxable value
- $2,930,310
- Assessed land
- $1,935,000
- Assessed improvements
- $1,432,800
Zoning
C6-5: floor area ratio 5.30 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.