548 West 48th Street, Manhattan
Hotel · built 2010 · Block 1076, Lot 57.
Building permits
- Alteration, filed Jul 18, 2022, estimated cost $2K, described as “Erect an illuminated business accessory wall sign replacing permit #121580832. No change in use, egress, or occupancy.”
- Alteration, filed Apr 1, 2021, estimated cost $5K, 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 Feb 19, 2020, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.sidewalk shed shall comply with chapter #33 of the NYC building code.live load 300PSF.”
Property taxes
- Assessment
- $5,191,200
- 2026–27 tax
- $495,658
- Market value (city estimate)
- $11,536,000
- Taxable value
- $4,569,120
- Assessed land
- $1,129,950
- Assessed improvements
- $4,061,250
Zoning
R8: floor area ratio 5.68 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 23, 2021: $22,700,000
- Dec 27, 2017: $29,168,078
Open-market sales since 2016, from the Department of Finance’s sales files.