# 601 West 50th Street, Manhattan

Commercial · built 1940 · Block 1098, Lot 29.

On Umarelli: https://umarelli.org/nyc/1010980029/601-west-50-street

More construction in Hell's Kitchen: https://umarelli.org/nyc/manhattan/hells-kitchen.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 $9K, described as “Installation of a 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 $1K, described as “Installation of a temporarily heavy-duty sidewalk 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 of a temporarily 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.”
- Alteration, filed Apr 30, 2021, estimated cost $20K, described as “Installation of plywood construction fence on both 11th Avenue and 50th Street sides of the building (Kenneth Cole) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Aug 5, 2020, described as “Sidewalk shed proposed installation of sidewalk shed as per plan. No change in use,egress or occupancy.”
- Alteration, filed Jul 10, 2020, estimated cost $120K, described as “Modifications to the existing plumbing system on the cellar and 1ST floor (kcp reconfiguration) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jul 10, 2020, estimated cost $30K, described as “Modifications to the existing sprinkler system on the cellar and 1ST floor (kcp reconfiguration) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jul 7, 2020, estimated cost $10K, described as “Modifications to the existing sprinkler system in the elevator lobbies (elevator shafts) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jun 23, 2020, estimated cost $15K, described as “Modifications to the existing plumbing system in the elevator lobbies (elevator shafts) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jun 23, 2020, estimated cost $100K, described as “Modifications to the existing mechanical system in elevator banks (elevator shafts) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 26, 2020, estimated cost $20K, described as “Modifications to the existing HVAC system on the 4TH and 5TH floors (ll whitebox) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2020, estimated cost $7K, described as “Modifications to the existing sprinkler system on the 4TH and 5TH floors (ll whitebox) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2020, estimated cost $50K, described as “Modifications to the existing HVAC system on the cellar level (boh project) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2020, estimated cost $20K, described as “Modifications to the existing plumbing system on the cellar level (boh project) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2020, estimated cost $75K, described as “Modifications to the existing plumbing system on the 4TH and 5TH floors (ll whitebox) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 11, 2020, estimated cost $18K, described as “Modifications to the existing sprinkler system on the cellar level (boh project) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 6, 2020, estimated cost $28K, described as “Modifications to the existing plumbing system on the 3RD floor (marketing center) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Apr 2, 2020, estimated cost $32K, described as “Modifications to the existing sprinkler system on the 3RD floor (marketing center) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Apr 2, 2020, estimated cost $23K, described as “Modifications to the existing HVAC system on the 3RD floor (marketing center) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Feb 3, 2020, estimated cost $35K, described as “Modifications to the existing sprinkler system on the 3rd floor as per plans. No change to use, egress or occupancy.”
- Alteration, filed Feb 3, 2020, estimated cost $15K, described as “Modifications to the existing HVAC system on the 3rd floor as per plans. No change to use, egress or occupancy.”
- Alteration, filed Feb 3, 2020, estimated cost $15K, described as “Removal of existing plumbing fixtures and associated piping on the 3rd floor as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jan 14, 2020, estimated cost $25K, described as “Modifications to the existing sprinkler system on the 1ST floor (lobby renovation) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jan 14, 2020, estimated cost $49K, described as “Modifications to the existing HVAC system on the 1ST floor (lobby renovation) as per plans. Installation of new 5 ton a/c unit. No change to use, egress or occupancy.”

## Property taxes

- Assessment: $10,973,250
- 2026–27 tax: $1,079,341
- Market value (city estimate): $24,385,000
- Taxable value: $9,949,680
- Assessed land: $1,368,000
- Assessed improvements: $9,605,250

## Zoning

M2-4: floor area ratio 5.91 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 9, 2026: $60,000,000, 103,788 sq ft, sold with other lots
- Feb 22, 2022: $95,000,000, sold with other lots
- Jan 10, 2020: $90,000,000, 103,788 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.

## In the news

[New Life Science Facility Announced at 707 Eleventh Avenue in Hell’s Kitchen, Manhattan](https://newyorkyimby.com/2023/10/new-life-science-facility-announced-at-707-eleventh-avenue-in-hells-kitchen-manhattan.html), New York YIMBY, Oct 29, 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