440 East 115th Street, Manhattan
Apartment building · 15 units · built 2020 · Block 1708, Lot 33.
Building permits
- Alteration, filed Jan 6, 2020, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 30, 2019, estimated cost $5K, described as “Alteration type 3 - construction equipment - sidewalk-shed proposed installation of heavy duty sidewalk shed for new building as per plans. No change in use occupancy or egress under this application. Live LOAD300 per square feet. Sidewalk…”
Property taxes
- Assessment
- $1,711,350
- 2026–27 tax
- $11,954
- Market value (city estimate)
- $3,803,000
- Taxable value
- $96,102
- Assessed land
- $218,250
- Assessed improvements
- $1,493,100
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $200,921 a year below the full tax.
Zoning
R7B: floor area ratio 4.04 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 13 ft (NGVD29). FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Dec 12, 2016: $2,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Harlem East Harlem Urban Renewal Plan Amendment (City Planning 2020M0408): Completed, decided Mar 2, 2021. HPD seeks an extension to the existing East Harlem Urban Renewal Plan which is set to expire in December 2020.
In the news
Housing Lottery Launches for 440 East 115th Street in East Harlem, Manhattan, New York YIMBY, Apr 22, 2023.