# 615 West 50th Street, Manhattan

Commercial · built 1940 · Block 1098, Lot 22.

On Umarelli: https://umarelli.org/nyc/1010980022/615-west-50-street

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

Every lot on block 1098: https://umarelli.org/nyc/manhattan/1098.md

## Building permits

- Alteration, filed Mar 16, 2023, estimated cost $10K, described as “Removal of entire sprinkler system from vacant building prior to full bulding demolition under separate applicaiton. There is no change to use, egress, occupancy, or fire protection.”
- Alteration, filed Feb 6, 2023, estimated cost $1K, described as “Installation and use of the temporary sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 6, 2023, estimated cost $9K, described as “Installation and use of the temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 6, 2023, estimated cost $25K, described as “Installation and use of the temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”

## Property taxes

- Assessment: $1,741,500
- 2026–27 tax: $153,878
- Market value (city estimate): $3,870,000
- Taxable value: $1,418,490
- Assessed land: $278,100
- Assessed improvements: $1,463,400

## Zoning

M2-4: floor area ratio 1.83 built, 5.00 allowed by base zoning.

## Recent sales

- Sep 9, 2026: $60,000,000, 18,417 sq ft, sold with other lots
- Feb 22, 2022: $95,000,000, sold with other lots
- Jan 10, 2020: $90,000,000, 18,417 sq ft, sold with other lots

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

## Flood zone

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

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