# 539 West 54th Street, Manhattan

Vacant land · Block 1083, Lot 10.

On Umarelli: https://umarelli.org/nyc/1010830010/539-west-54-street

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

## Building permits

- New Building — Tower, filed May 2, 2023, 71 units, 21 stories, described as “Application filed to construct a 21 story with cellar mixed use building of residential community facility.”
- Alteration, filed Sep 26, 2024, estimated cost $5K, described as “Temporary construction fence”
- Alteration, filed May 15, 2023, estimated cost $1K, described as “Temp standpipe for new building application”
- Alteration, filed Jan 20, 2023, estimated cost $8K, described as “Temp construction fence filed in conjunction with demolition permit 123523482”
- Alteration, filed Nov 11, 2022, estimated cost $2K, described as “Remove entire sprinkler system from cellar & fl 001-004 of of vacant 4-story building prior to full demolition. The building is less than 75'. The building is free of excess debris. All exits will remain unobstructed throughout the…”
- Alteration, filed Jul 25, 2022, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence to comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Jul 12, 2022, estimated cost $10K, described as “Installation of 300 psf sidewalk shed, overhead protection and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”

## Property taxes

- Assessment: $2,489,400
- 2026–27 tax: $189,953
- Market value (city estimate): $5,532,000
- Taxable value: $1,751,040
- Assessed land: $2,489,400

## Zoning

R8: floor area ratio 0.00 built, 6.02 allowed by base zoning.

## Recent sales

- Jan 16, 2026: $30,000,000
- Dec 28, 2021: $25,000,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Rendering Revealed for 539 West 54th Street in Hell’s Kitchen, Manhattan](https://newyorkyimby.com/2023/06/rendering-revealed-for-539-west-54th-street-in-hells-kitchen-manhattan.html), New York YIMBY, Jun 6, 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