342 West 56th Street, Manhattan
Co-op · 42 units · built c. 1930 · Block 1046, Lot 54.
Building permits
- Alteration, filed Jul 20, 2026, estimated cost $5K, described as “Installation of 300PSF sidewalk shed and pipe scaffolding as per plans. Sidewalk shed and pipe scaffolding shall comply with chapter #33 of the 2022 code no change in use, egress or occupancy under this application.”
- Alteration, filed Mar 13, 2026, described as “New Suspended Scaffold for Facade repair and inspection.”
- Alteration, filed Jul 23, 2024, estimated cost $200K, described as “General construction work for facade repairs. No change in use, egress, or occupancy.”
- Alteration, filed Aug 1, 2019, estimated cost $5K, 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.”
Property taxes
- Assessment
- $3,420,900
- 2026–27 tax
- $372,186
- Market value (city estimate)
- $7,602,000
- Taxable value
- $3,073,540
- Assessed land
- $313,200
- Assessed improvements
- $3,107,700
Tax breaks
- Co-op and condo abatement, with no end date, a $10,132 credit this tax year.
Zoning
R8: floor area ratio 5.61 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 2, 2023: $455,000
- Sep 29, 2022: $500,000
- Sep 26, 2021: $585,000
- Aug 23, 2021: $525,000
- Jul 21, 2021: $525,000
- May 2, 2019: $470,000
- Apr 16, 2019: $585,000
- Feb 20, 2019: $755,000
- Jan 23, 2019: $690,000
- Sep 25, 2018: $685,000
The 10 most recent of 18 open-market sales since 2016, from the Department of Finance’s sales files.