406 West 47th Street, Manhattan
Co-op · 20 units · built c. 1901 · Block 1056, Lot 37.
Building permits
- Alteration, filed Oct 9, 2019, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 9, 2019, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $1,370,250
- 2026–27 tax
- $35,061
- Market value (city estimate)
- $3,045,000
- Taxable value
- $281,860
- Assessed land
- $248,400
- Assessed improvements
- $1,121,850
Tax breaks
- Article XI exemption, through Jun 30, 2029, about $135,385 a year below the full tax.
Zoning
R8: floor area ratio 3.81 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 2, 2023: $577,500
- Aug 18, 2021: $450,000
- Sep 19, 2019: $400,000
- Apr 25, 2019: $417,000
- Jan 16, 2019: $410,000
- Jan 31, 2018: $425,000
- Jan 25, 2018: $400,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 406 W47TH ST (City Planning P1984M0854): Completed, decided Oct 25, 1984. LDA-DISPO OF A 5-STORY OLD WALK-UP BLDG IN DAMP W/20 UNITS*'AS IS' TO AN ARTICLE XI HDFC