# 406 West 46th Street, Manhattan

Co-op · 15 units · built c. 1910 · Block 1055, Lot 38.

On Umarelli: https://umarelli.org/nyc/1010550038/406-west-46-street

More construction in Hell's Kitchen: https://umarelli.org/nyc/manhattan/hells-kitchen.md

Every lot on block 1055: https://umarelli.org/nyc/manhattan/1055.md

## Building permits

- Alteration, filed Jan 23, 2025, estimated cost $73K, described as “Renovation work on exist 5TH floor apt # 5B as per plan-work includes but not limited to replace doors, drop ceiling, floor finish, partition/exterior walls finish, plumbing/electrical fixtures. Apply cosmetic paint as required. No change…”
- Alteration, filed Mar 24, 2024, described as “Suspended scaffold outrigger system at 406 west 46TH street, manhattan for exterior facade restoration work.”
- Alteration, filed Oct 13, 2023, estimated cost $5K, described as “Installation of 40' new sidewalk shed at 406 west 46TH street as indicated on plans. There will be no change in the use, egress, or occupancy under this application.”
- Alteration, filed Aug 29, 2023, estimated cost $332K, described as “Facade repairs and Roof Replacement. Proposed roof related work does not include replacement of the entire existing roof deck or roof assembly. No change to use, egress, or occupancy.”

## Property taxes

- Assessment: $945,000
- 2026–27 tax: $97,967
- Market value (city estimate): $2,100,000
- Taxable value: $897,700
- Assessed land: $252,900
- Assessed improvements: $692,100

## Tax breaks

- Co-op and condo abatement, with no end date, a $14,253 credit this tax year.

## Zoning

R8: floor area ratio 3.90 built, 6.02 allowed by base zoning.

## Recent sales

- Sep 29, 2025: $475,000
- Nov 12, 2024: $435,000
- Sep 24, 2021: $700,000
- Aug 5, 2021: $615,000
- Jul 29, 2020: $620,000, Apt 2B
- Jun 25, 2020: $540,000, Apt 3B
- Mar 18, 2020: $640,000, Apt 4C
- Jun 26, 2019: $520,000
- Jun 17, 2019: $682,500
- Apr 22, 2019: $420,000

The 10 most recent of 12 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology