# 232 East 54th Street, Manhattan

Apartment building · 130 units · built 2018 · Block 1327, Lot 33.

On Umarelli: https://umarelli.org/nyc/1013270033/232-east-54-street

More construction in Midtown East: https://umarelli.org/nyc/manhattan/midtown-east.md

## Building permits

- Alteration, filed Mar 3, 2021, estimated cost $5K, described as “Installation of pipe scaffolding as per plans during construction. No change in use, egress or occupancy. Pipe scaffolding shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Jun 24, 2020, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Mar 30, 2020, estimated cost $1K, described as “Installation of boilers in conjunction with NB #121190111.”
- Alteration, filed Jun 1, 2018, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.sidewalk shed shall comply with chapter #33 of the NYC building code.live load 300PSF.”

## Property taxes

- Assessment: $16,888,500
- 2026–27 tax: $254,542
- Market value (city estimate): $37,530,000
- Taxable value: $2,046,320
- Assessed land: $1,272,150
- Assessed improvements: $15,616,350

## Tax breaks

- 421-a exemption, through Jun 30, 2057, about $1,846,219 a year below the full tax.

## Zoning

C1-9: floor area ratio 20.28 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## Board and land use applications

- 232-240 E54TH ST, 1023-7 2ND AVE, 245 E53TH ST (City Planning P1982M0051): Completed, decided Apr 26, 1984. CERT (ZR95-041) AS TO WHETHER A TRANSIT EASEMENT VOLUME IS\*REQUIRED

## In the news

[Affordable Housing Lottery Launches for 232 East 54th Street in Midtown East, Manhattan](https://newyorkyimby.com/2021/07/affordable-housing-lottery-launches-for-232-east-54th-street-in-midtown-east-manhattan.html), New York YIMBY, Jul 4, 2021.

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