870 7th Avenue, Manhattan
Hotel condominium · built c. 1925 · Block 1027, Lot 7501.
Building permits
- Alteration, filed Aug 12, 2024, estimated cost $100K, described as “General construction as per plans.”
- Alteration, filed Aug 5, 2024, estimated cost $3K, described as “Erect an illuminated sign on wall. Not within view of arterial highway or public park 1/2 acre or more. No change in use, egress or occupancy.”
- Alteration, filed Aug 5, 2024, estimated cost $3K, described as “Erect an illuminated sign on wall. Not within view of arterial highway or public park 1/2 acre or more. No change in use, egress or occupancy.”
- No Work, filed Aug 18, 2023, described as “Requesting TPA for Performance Event for start date of 9/22 to 12/16 (various dates) from 6pm to 3am (various times), please refer to plans. Floors are Cellar (225 persons) and Basement (76 Persons) Levels with total 301 persons & 5FGs”
- No Work, filed Jun 7, 2023, described as “Requesting TPA for Performance Event for start date of 6/7 to 9/1 (various dates) from 3pm to 3am (various times), please refer to plans. Event to take place at the Cellar (295 persons) and Basement (76 Persons) Levels with total 371…”
- Alteration, filed May 15, 2023, estimated cost $3K, described as “Propose installation of illuminated, non-flashing accessory business sign. Wording: GATSBY MANSION”
- Alteration, filed May 2, 2023, estimated cost $150K, described as “Installation of framing / ornamental stairs as shown on plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 13, 2023, estimated cost $250K, described as “Modifications to existing HVAC system and related piping. No change in use, egress or occupancy.”
- Alteration, filed Apr 13, 2023, estimated cost $150K, described as “Modifications to existing PL system and related piping. No change in use, egress or occupancy.”
- Alteration, filed Apr 13, 2023, estimated cost $15K, described as “Modifications to existing SP system and related piping. No change in use, egress or occupancy.”
- Alteration, filed Dec 21, 2022, estimated cost $600K, described as “Installation of non-bearing partitions, and misc. assemblies within ground, cellar and mezzanine spaces. No change to use, egress or occupancy. No exterior work.”
- Alteration, filed Nov 4, 2022, estimated cost $30K, described as “Removal of non-bearing partitions and miscellaneous assemblies within cellar and cellar mezzanine spaces. No change in use, egress or occupancy.”
- Alteration, filed Apr 7, 2022, estimated cost $6K, described as “Filing for the addition of two sprinkler heads in an existing fully sprinklered sub-cellar as shown drawings submitted herewith. No change in use, egress or occupancy.”
- Alteration, filed Mar 3, 2022, estimated cost $700, described as “Erect accessory business wall sign for starbucks. No change in use, egress or occupancy.”
- Alteration, filed Mar 3, 2022, estimated cost $700, described as “Erect accessory business wall sign for starbucks, no change in use, egress or occupancy.”
- Alteration, filed Feb 9, 2022, estimated cost $22K, described as “Filing herewith mechanical work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Feb 4, 2022, estimated cost $40K, described as “Filing herewith plumbing work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Feb 3, 2022, estimated cost $5K, described as “Filing herewith modification to the existing sprinkler system as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 6, 2022, estimated cost $180K, described as “Filing herewith interior renovation to an existing Starbucks as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 4, 2022, estimated cost $800, described as “Illuminated non advertising accessory wall sign - glosslab. No change of use, egress or occupancy.”
- Alteration, filed Jan 4, 2022, estimated cost $800, described as “Illuminated non advertising accessory wall sign - glosslab. No change of use, egress or occupancy.”
- Alteration, filed Nov 17, 2021, estimated cost $17K, described as “Modifications to existing sprinkler systems to include replacement of sprinkler heads on 1ST floor commercial space as per plans submitted herewith. No change to use, occupancy or egress under this application”
- Alteration, filed Oct 21, 2021, estimated cost $15K, described as “Modifications to existing mechanical systems in existing commercial space to include HVAC installation and associated duct work as per plans submitted herewith. No change to use, occupancy or egress under this application”
- Alteration, filed Oct 20, 2021, estimated cost $30K, described as “Interior alterations to existing commercial space to include minor demolition and partition work as per plans submitted herewith. No change to use, occupancy or egress under this application”
- Alteration, filed Sep 8, 2020, estimated cost $100K, described as “Replacement of existing mechanical units. No change to use, egress or occupancy.”
7 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $125,160,350
- 2026–27 tax
- $12,556,711
- Market value (city estimate)
- $278,133,995
- Taxable value
- $115,751,354
- Assessed land
- $26,381,292
- Assessed improvements
- $98,779,058
- Condo units with their own tax lots
- 290
Zoning
C6-6: floor area ratio 18.94 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 30, 2025: $10,194, Apt 1610
- Nov 30, 2018: $366,170,000, Apt HOT25
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- SASHAY-NICOLES,OMNI PK CENTRL HOTEL (City Planning P1984M1349): Completed, decided Jun 7, 1984. CONSENT-UNENCLOSED SIDEWALK CAFE