555 West 45th Street, Manhattan
Apartment building · 58 units · built 2024 · Block 1074, Lot 2.
Building permits
- New Building — Large Residential, filed May 23, 2024, 58 units, 7 stories, described as “Proposed new seven story and cellar residential building.”
- Alteration, filed Jan 6, 2026, estimated cost $25K, described as “Mechanical application filed for ssds installation in conjunction with new building job #M01039403.”
- Alteration, filed Jan 6, 2025, estimated cost $6K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 27, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 27, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 27, 2024, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 9, 2024, estimated cost $3K, described as “Fence application filed in conjunction with new building job #M01039403.”
Property taxes
- Assessment
- $6,396,300
- 2026–27 tax
- $85,821
- Market value (city estimate)
- $14,214,000
- Taxable value
- $689,935
- Assessed land
- $451,800
- Assessed improvements
- $5,944,500
Tax breaks
- 485-x exemption, through Jun 30, 2061, about $709,815 a year below the full tax.
Zoning
R8: floor area ratio 5.08 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
In the news
Housing Lottery Launches for 555 West 45th Street in Hell’s Kitchen, Manhattan, New York YIMBY, May 8, 2025.