517 West 48th Street, Manhattan
Co-op · 18 units · built c. 1901 · Block 1077, Lot 22.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $984,150
- 2026–27 tax
- $30,908
- Market value (city estimate)
- $2,187,000
- Taxable value
- $247,084
- Assessed land
- $225,000
- Assessed improvements
- $759,150
Tax breaks
- Article XI exemption, through Jun 30, 2029, about $90,864 a year below the full tax.
Zoning
R8: floor area ratio 3.88 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 23, 2026: $115,000
- Apr 18, 2025: $355,000
- Jan 12, 2022: $645,000
- Jan 11, 2021: $410,000
- Jan 8, 2021: $410,000
- Feb 20, 2018: $485,000
- May 18, 2016: $375,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 517 W48TH ST (City Planning P1989M0576): Completed, decided Jul 20, 1989. LDA 'AS IS' TO ARTICLE XI HDFC'S BLDG IN DAMP FOR A 5-STORY*OLD LAW WALK-UP BLDG WITH 20 RESIDENTIAL UNITS