# 148 East 74th Street, Manhattan

Mixed use · 5 units · built c. 1900 · Block 1408, Lot 51.

On Umarelli: https://umarelli.org/nyc/1014080051/148-east-74-street

More construction in Upper East Side: https://umarelli.org/nyc/manhattan/upper-east-side.md

## Building permits

- Alteration, filed Jun 9, 2022, estimated cost $5K, described as “Installation of system pipe scaffolding as per plans. System pipe scaffolding shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Apr 20, 2022, estimated cost $21K, described as “Installation of overhead protection at adjacent properties as per plans submitted. Overhead protection shall comply with chapter #33 of nycbuilding code. This application involves no change in occupancy, use or egress.”
- Alteration, filed Feb 17, 2022, estimated cost $84K, described as “Herewith filing amended plans to revise floor designations to match previously filed and approved BSO and ALT CO plans. The floors in this filing were mistakenly filed as sub-basement, basement, 1-5, roof, instead of cellar, 1-6, & roof”
- Alteration, filed Feb 16, 2022, estimated cost $172K, described as “Installation of sprinkler and standpipe system for entire builing in conjunction with ALT1 application# M00635997. No change in use, egress or occupanacy.”
- Alteration, filed Feb 14, 2022, estimated cost $5K, described as “Installation of heavy duty sidewalk shed, roof protection and ohp shed as per plans. All equipments shall comply with chapter #33 of the 2014 code no change in use, egress or occupancy under this application.”
- Alteration, filed Feb 11, 2022, estimated cost $228K, described as “Installation of new split system air conditioner in conjunction with alt 1 application # M00635997. No change in use, egress or occupanacy.”
- Alteration, filed Jan 26, 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 shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Jan 14, 2022, estimated cost $10K, described as “Install underpinning as indicated on plans”
- Major Renovation — Non-residential, filed Dec 8, 2021, estimated cost $1.7M, 6 stories, described as “Interior gut renovation and horizontal enlargement; installation of new stair; installation of shaft for new ADA elevator (elevator to be filed by elevator co) & change occupancy of building from existing residential to school occupancy as…”
- Alteration, filed Dec 3, 2021, estimated cost $22K, described as “Support of excavation”
- Alteration, filed Dec 2, 2021, estimated cost $20K, described as “Shoring in cellar in conjunction with SOE filing”
- Alteration, filed Jun 30, 2021, estimated cost $55K, described as “Removal of non-bearing interior partitions as shown on plans filed herewith No change to use egress or occupancy under this application”

## Property taxes

- Assessment: $4,766,400
- Market value (city estimate): $10,592,000
- Taxable value: $0
- Assessed land: $1,242,000
- Assessed improvements: $3,524,400

## Tax breaks

- Nonprofit exemption (religious school), with no end date, about $592,892 a year below the full tax.

## Zoning

C1-8X: floor area ratio 4.64 built, 9.00 allowed by base zoning.

## Recent sales

- Dec 21, 2017: $14,000,000

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

## Flood zone

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

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