# 520 West 48th Street, Manhattan

Apartment building · 109 units · built 2002 · Block 1076, Lot 43.

On Umarelli: https://umarelli.org/nyc/1010760043/520-west-48-street

More construction in Hell's Kitchen: https://umarelli.org/nyc/manhattan/hells-kitchen.md

## 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](https://newyorkyimby.com/2023/12/housing-lottery-launches-for-520-west-48th-street-in-hells-kitchen-manhattan.html), New York YIMBY, Dec 24, 2023.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology