245 West 55th Street, Manhattan
Commercial · built c. 1914 · Block 1027, Lot 7.
Building permits
- Alteration, filed Jun 10, 2026, estimated cost $25K, described as “Installation of temporary const. Plywood fence and heavy duty sidewalk shed as per plans. Sw shed and plywood fence shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 11, 2026, estimated cost $5K, described as “Installation of temporary working platofrm as per plans. Platofrm shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 29, 2026, estimated cost $25K, described as “Installation of temporary needle beams as per plans. Needle beams shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 2, 2025, described as “Installation of Suspended Beta-Max Material hoist required for Material/Equipment lifting”
- Alteration, filed Oct 22, 2025, estimated cost $19K, described as “Installation of temporary engineered enclosure system as per plans. Temporary equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed May 19, 2025, described as “Installation of temporary suspended scaffold equipment.”
- Alteration, filed Apr 19, 2025, estimated cost $12K, described as “Installation of temporary overhead protection & loading dock for hoist as per plans. Temp. Equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application”
- Alteration, filed Feb 4, 2025, estimated cost $5K, described as “Installation and use of temporary contractor shed/shanty as per plans filed herewith.”
- Alteration, filed Dec 17, 2024, estimated cost $30K, described as “Installation of temporary interior scaffold system stair tower for worker access during construction operations of Alt CO filed under DOB NOW M00940950-I1 and Demolition M009564110-I1. No change in use, egress or occupancy filed with this…”
- Alteration, filed Oct 15, 2024, estimated cost $20K, described as “Installation of 7,100 lb dual car personnel/material hoist as per plans during construction. Hoist shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jul 22, 2024, estimated cost $18K, described as “Installation of temporary roof protection over adjacent properties, and engineering enclosure system as per plans. Protection shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this applicatio”
- Alteration, filed Jul 13, 2024, estimated cost $25K, described as “Installation of pipe scaffolding and system stair scaffold as per plans. Temporary equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jul 12, 2024, estimated cost $25K, described as “Installation of temporary needle beams as per plans. Needle beams shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jun 26, 2024, estimated cost $7K, described as “Installation of temporary construction plywood fence as per plans. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Jun 5, 2024, estimated cost $25K, described as “Installation of temporary const. Plywood fence and heavy duty sidewalk shed as per plans. Sw shed and plywood fence shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 20, 2024, estimated cost $1.1M, described as “Partial demolition means & methods and temporary stabilization as per plans filed. Alt-co & related structural work filed under M00940950.”
- Major Renovation — Conversion, filed Jan 26, 2024, estimated cost $10.0M, 42 units added, 17 stories, described as “Filing herewith Alteration Type One to convert an existing commercial building to residential use (17 stories)”
- Alteration, filed Dec 14, 2023, estimated cost $10K, described as “Interior demo as per plans filed herewith.”
- Alteration, filed Dec 8, 2023, estimated cost $400K, described as “Interior demolition of 12-story building including removal of non-load bearing masonry partitions, ceiling tiles, miscellaneous fixtures and decommissioned utilities elements.”
- Alteration, filed Feb 1, 2022, estimated cost $5K, described as “Install new trench drain”
- Alteration, filed Nov 20, 2021, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Nov 16, 2021, estimated cost $46K, described as “Garage Repair”
- Alteration, filed Nov 2, 2021, estimated cost $266K, described as “Facade repair”
- Alteration, filed May 13, 2021, estimated cost $89K, described as “Application filed for additions/modifications to plumbing/sprinkler on the 2ND floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed May 7, 2021, estimated cost $135K, described as “Application filed for interior renovation of non-load bearing partitions, ceilings,and finishes on the 2ND floor as per plans filed herewith. No change in use, egress,or occupancy.”
2 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $5,606,550
- 2026–27 tax
- $608,199
- Market value (city estimate)
- $12,459,000
- Taxable value
- $5,606,550
- Assessed land
- $1,626,750
- Assessed improvements
- $3,979,800
Zoning
C6-4 (part of the lot is C6-6): floor area ratio 10.54 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
- Jun 6, 2023: $28,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Rendering Revealed for 245 West 55th Street’s Expansion in Midtown, Manhattan, New York YIMBY, Nov 20, 2024.