1491 3rd Avenue, Manhattan
Commercial · built 1950 · Block 1530, Lot 1.
Building permits
- New Building — Tower, filed Dec 29, 2025, 86 units, 37 stories, described as “New Building”
- Alteration, filed Feb 6, 2026, estimated cost $10K, described as “The plans enclosed depict the extent, sequence, means and methods for theproposed interior alteration of the 4 story building(s) located at 207 e 84THSTREET, manhattan, new york, 10028. This application is filed in conjunction w/ full demo…”
- Demolition, filed Jan 15, 2026, estimated cost $200K, described as “To be demolished by hand with mechanical assist and full mechanical means”
- Alteration, filed Aug 11, 2021, estimated cost $41K, described as “New ventilation system and associated ductwork to be installed in commercial space on 1st floor as part of the renovation of new nail salon. No change of use, occupancy, or egress.”
- Alteration, filed Aug 9, 2021, estimated cost $121K, described as “Gut renovation of commercial space on 1st floor. New millwork and finishes for design of new nail salon. No change of use, occupancy, or egress.”
Property taxes
- Assessment
- $7,066,800
- 2026–27 tax
- $749,774
- Market value (city estimate)
- $15,704,000
- Taxable value
- $6,911,630
- Assessed land
- $1,597,500
- Assessed improvements
- $5,469,300
Zoning
C1-9 (part of the lot is R8B): floor area ratio 3.74 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
In the news
Demolition Prep Underway for 37-Story Skyscraper at 1491-1497 Third Avenue on Manhattan’s Upper East Side, New York YIMBY, Mar 24, 2026.