520 West 48th Street, Manhattan
Apartment building · 109 units · built 2002 · Block 1076, Lot 43.
Building permits
- Alteration, filed Jun 3, 2026, described as “Rigging for Industrial Rope Access”
- Alteration, filed Aug 21, 2024, estimated cost $78K, described as “Dish: Installation of new telecommunications antenna sectors,GPS antenna&equipment cabinet on new platform on roof. Installation of conduits&service room connection as per plans.All work is in compliance with TPPN 5/98.No Change in…”
- Alteration, filed Jul 19, 2023, estimated cost $13K, described as “Install indirect water heaters and gas connection to replacement gas boilers from existing valved outlets.”
- Alteration, filed Jul 19, 2023, estimated cost $154K, described as “Replace gas boilers.”
- Alteration, filed Jul 19, 2023, estimated cost $154K, described as “Install two boilers.”
- Alteration, filed Jul 21, 2020, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Aug 14, 2019, estimated cost $8K, described as “Modifications to existing telecommunications installation on the rooftop (t-mobile - NY01842A) as per plans. Install (3) new antennas and (3) new rrus. All work is in compliance with tppn 5/98. No change to use, egress or occupancy.”
Property taxes
- Assessment
- $6,426,900
- 2026–27 tax
- $453,509
- Market value (city estimate)
- $14,282,000
- Taxable value
- $3,645,860
- Assessed land
- $1,807,650
- Assessed improvements
- $4,619,250
Tax breaks
- 421-a exemption, through Jun 30, 2040, about $334,828 a year below the full tax.
Zoning
R8: floor area ratio 4.49 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 520 West 48th Street in Hell’s Kitchen, Manhattan, New York YIMBY, Dec 24, 2023.