405 West 48th Street, Manhattan
Co-op · 17 units · built c. 1910 · Block 1058, Lot 27.
Building permits
- Alteration, filed Jul 24, 2024, estimated cost $9K, described as “Installation of 300PSF sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Mar 30, 2021, estimated cost $52K, described as “Apartment renovation to apartment 1FW as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Mar 30, 2021, estimated cost $16K, described as “Plumbing work to apartment 1fw as per plans filed herewith. no change to use,egress or occupancy.”
Property taxes
- Assessment
- $938,700
- 2026–27 tax
- $28,347
- Market value (city estimate)
- $2,086,000
- Taxable value
- $226,301
- Assessed land
- $282,150
- Assessed improvements
- $656,550
Tax breaks
- Article XI exemption, through Jun 30, 2029, about $86,963 a year below the full tax.
Zoning
R8: floor area ratio 3.93 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 14, 2025: $680,000
- Oct 6, 2025: $620,000
- Sep 13, 2019: $510,000
- Jul 19, 2018: $476,000
- Jun 20, 2018: $475,000
Open-market sales since 2016, from the Department of Finance’s sales files.