525 West 52nd Street, Manhattan
Condominium · 392 units · built 2015 · Block 1081, Lot 7501.
Building permits
- No Work, filed Sep 23, 2024
- Alteration, filed Dec 2, 2022, estimated cost $20K, described as “Interior renovation of existing commercial space on first floor with plumbing work: install one 3-comp sink, five hand sinks and one 2-pc toilet as per plan. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 2, 2022, estimated cost $40K, described as “Interior renovation of existing commercial space on first floor with general construction as per plan. No change in use, egress or occupancy under this application.”
- Alteration, filed Aug 18, 2022, estimated cost $40K, described as “General construction for retail whitebox as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Aug 16, 2022, estimated cost $30K, described as “Mechnaical work associated with whitebox retail as per plans filed herewith.”
- Alteration, filed Aug 16, 2022, estimated cost $22K, described as “Minor plumbing and sprinkler work associated with retail whitebox.”
- Alteration, filed Oct 31, 2018, estimated cost $2K, described as “Installation of two Verizon GPS units on the roof. All in conformance with TPPN 5/98. No change in use, occupancy, or egress.”
Property taxes
- Assessment
- $61,842,151
- 2026–27 tax
- $817,884
- Market value (city estimate)
- $137,427,000
- Taxable value
- $6,663,119
- Assessed land
- $5,122,801
- Assessed improvements
- $56,719,350
- Condo units with their own tax lots
- 5
Tax breaks
- 421-a exemption, through Jun 30, 2039, about $6,707,752 a year below the full tax.
Zoning
R9: floor area ratio 11.73 built, above the 7.52 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 28, 2018: $5,100,000, Unit CHDCL
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- CURA Site 7 (City Planning P2012M0305): Completed, decided Dec 31, 2014. This is an application by HPD For a zoning map and zoning text amendment with a Large Scale General Development, Commission certification, and a UDAAP designation and disposition to facilitate the development of three buildings, including…