572 11th Avenue, Manhattan
Apartment building · 164 units · built 2016 · Block 1072, Lot 1.
Building permits
- Alteration, filed Aug 29, 2025, estimated cost $25K, 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 Jun 11, 2025, estimated cost $14K, described as “Remove and reset existing sheet metal panels to waterproof the substrate. No chance in use, egress or occupancy. Structural stability of the building will not be impacted during this work.”
- Alteration, filed May 22, 2025, 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.”
- Alteration, filed May 21, 2025, described as “Installation of suspended scaffold for facade inspection/ repair.”
- Alteration, filed May 19, 2025, estimated cost $750, described as “Illuminated non-advertising accessory wall sign - nail studio lure. No change of use, egress or occupancy.”
- Alteration, filed Jan 14, 2025, estimated cost $80K, described as “Removal of a portion of the existing facade glass, to install a new entry for a retail space”
- Alteration, filed Oct 18, 2024, estimated cost $104K, described as “Interior renovation for nail salon on first floor retail store at existing 13-story mixed use building. No change in use, occupancy, egress and structure under this application.”
- Alteration, filed Oct 17, 2024, estimated cost $15K, described as “Application filed for mechanical modifications/additions on the 1ST floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Oct 7, 2024, estimated cost $64K, described as “Application filed for interior renovation of non-load bearing partitions, ceilings, and finishes on the 1ST floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Oct 15, 2020, estimated cost $71K, described as “Sprinkler work related to interior renovation of daycare as shown on plans filed herewith.”
- Alteration, filed Mar 11, 2020, estimated cost $423K, described as “Mechanical work related to interior renovation of daycare as shown on plans filed herewith.”
- Alteration, filed Mar 11, 2020, estimated cost $161K, described as “Plumbing work related to interior renovation of daycare as shown on plans filed herewith.”
- Alteration, filed Oct 4, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $28,499,850
- 2026–27 tax
- $406,460
- Market value (city estimate)
- $63,333,000
- Taxable value
- $3,267,625
- Assessed land
- $1,180,800
- Assessed improvements
- $27,319,050
Tax breaks
- 421-a exemption, through Jun 30, 2054, about $2,866,737 a year below the full tax.
Zoning
R9: floor area ratio 10.85 built, above the 7.52 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 24, 2024: $89,066,496
Open-market sales since 2016, from the Department of Finance’s sales files.