311 West 42nd Street, Manhattan
Condominium · 330 units · built 2022 · Block 1033, Lot 7501.
Building permits
- Alteration, filed Dec 12, 2025, estimated cost $5K, described as “Erect illuminated accessory business wall sign and illuminated d/f blade sign for aldi.”
- Alteration, filed Sep 12, 2025, estimated cost $35K, described as “Filing herewith sprinkler work for retail space as per plans. No change in use, egress, or occupancy.”
- Alteration, filed Sep 12, 2025, estimated cost $50K, described as “Filing herewith plumbing work for retail space as per plans. No change in use, egress, or occupancy.”
- Alteration, filed Sep 12, 2025, estimated cost $295K, described as “Filing herewith mechanical work for retail space as per plans. No change in use, egress, or occupancy.”
- Alteration, filed Aug 12, 2025, estimated cost $2.1M, described as “Filing herewith interior renovation of existing retail space as per plans. No change in use, egress, or occupancy,”
- Alteration, filed Nov 5, 2024, estimated cost $5K, described as “Installation and use suspended scaffold from davit construction equipment as per plans filed herewith. This application is filed in conjunction with NB-121207309.”
- Alteration, filed Sep 12, 2024, estimated cost $61K, described as “Install (1) new direct vent gas fired fireplace on 31ST floor amenity roof. New duravent cvs exhaust intake with powervent. All in conjunction with NB 121207309. No change in means of egress use group or occupancy.”
- Alteration, filed Apr 16, 2024, estimated cost $3K, described as “Tenant Protection Plan as per plans filed herewith. This application is filed in conjunction with NB-121207309.”
- Alteration, filed Oct 11, 2023, estimated cost $1K, described as “This application is filed for a temporary use permit for a sales office & model apartments pursuant to section ac 28-111 and buildings bulletin 2010-002.”
- Alteration, filed Oct 22, 2021, estimated cost $1K, described as “Filing herewith installation of boilers in conjunction with new building as per plans.”
- Alteration, filed Oct 21, 2021, estimated cost $1K, described as “Filing herwewith installation of sprinkler/standpipe system in conjunction with new building as per plans.”
- Alteration, filed Sep 29, 2021, estimated cost $1K, described as “Filing herewith structural work for new building as per plans.”
- Alteration, filed Jul 8, 2021, estimated cost $1K, described as “Filing herewith for underground plumbing work. Filed in connection with NB# 121207309.”
- Alteration, filed Apr 16, 2021, estimated cost $1K, described as “Mechanical work in conjunction with new building as per plans.”
- Alteration, filed Apr 16, 2021, estimated cost $1K, described as “Filing herewith plumbing work as per plans in conjunction with new building # 121207309.”
Property taxes
- Assessment
- $34,761,150
- 2026–27 tax
- $1,134,848
- Market value (city estimate)
- $77,247,000
- Taxable value
- $9,312,052
- Assessed land
- $7,145,100
- Assessed improvements
- $27,616,050
- Condo units with their own tax lots
- 2
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $3,100,184 a year below the full tax.
Zoning
C6-4 (part of the lot is C6-2): floor area ratio 8.64 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
In the news
The Ellery Nears Completion At 312 West 43rd Street in Hell’s Kitchen, Manhattan, New York YIMBY, Jun 5, 2024.