507 West 40th Street, Manhattan
House of worship · built c. 1920 · Block 1069, Lot 24.
Building permits
- No Work, filed Aug 25, 2023
- Alteration, filed Sep 24, 2018, estimated cost $3K, described as “Erect non-illuminated aluminum lettering wall sign, non-flashing, non-advertising sign, no change in use, egress, or occupancy”
- Alteration, filed Sep 23, 2018, estimated cost $3K, described as “Erect non-illuminated aluminum lettering wall sign inside of property line, non-flashing, non-advertising sign, no change in use, egress, or occupancy”
Property taxes
- Assessment
- $6,435,900
- Market value (city estimate)
- $14,302,000
- Taxable value
- $0
- Assessed land
- $2,712,600
- Assessed improvements
- $3,723,300
Tax breaks
- Nonprofit exemption (house of worship), with no end date, about $698,166 a year below the full tax.
Zoning
C2-8: floor area ratio 1.78 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.