420 West 42nd Street, Manhattan
Condominium · 264 units · built 2000 · Block 1051, Lot 7501.
Building permits
- Alteration, filed Oct 27, 2026, described as “Material hoist. For material only. No work from hoist.”
- Alteration, filed Mar 4, 2024, estimated cost $4K, described as “Installation of temporary portable material hoist 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 21, 2024, described as “Installation of heavy duty sidewalk shed and pipe scaffolding. no change in use, occupancy or egress. work shall comply with chapter 33 of nycc.”
- Alteration, filed Feb 9, 2024, described as “Installation of suspended Scaffold for facade inspection / Repair.”
- Alteration, filed Feb 2, 2024, estimated cost $800K, described as “Masonry facade work as per plans. No change to use, egress, or occupancy.”
Property taxes
- Assessment
- $34,892,100
- 2026–27 tax
- $1,778,086
- Market value (city estimate)
- $77,538,000
- Taxable value
- $14,480,379
- Assessed land
- $3,560,400
- Assessed improvements
- $31,331,700
- Condo units with their own tax lots
- 3
Tax breaks
- Nonprofit exemption (charitable), with no end date, about $122,123 a year below the full tax.
- 421-a exemption, through Jun 30, 2040, about $1,677,187 a year below the full tax.
Zoning
C6-4: floor area ratio 20.17 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.
In the news
Housing Lottery Launches for 420 West 42nd Street in Midtown West, Manhattan, New York YIMBY, Mar 14, 2024.