408 East 116th Street, Manhattan
Vacant land · Block 1709, Lot 5.
Building permits
- New Building — Multi-Family, filed Aug 21, 2025, 24 units, 7 stories, described as “Filing for new 7 story multiple dwelling building. A new certificate of occupancy will be obtained.”
- New Building — Multi-Family, filed Jul 26, 2025, 23 units, 7 stories, described as “Filing for new 7 story multiple dwelling building. A new certificate of occupancy will be obtained.”
- Alteration, filed Sep 1, 2026, estimated cost $2K, described as “Filing for 56 lin.ft construction fence within 3FT from property line. Filed in conjunction with new building M01257136-I1.”
- Alteration, filed Jun 29, 2026, estimated cost $2K, described as “Filing for 50FT construction fence within 3FT from property line. Filed in conjunction with new building M01267340-I1.”
Property taxes
- Assessment
- $850,500
- 2026–27 tax
- $80,068
- Market value (city estimate)
- $1,890,000
- Taxable value
- $738,090
- Assessed land
- $850,500
Zoning
R7B: floor area ratio 0.00 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 12 ft (NAVD88).
Recent sales
- Dec 19, 2024: $5,081,875
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
Permits Filed for 408 East 116th Street in East Harlem, Manhattan, New York YIMBY, Aug 3, 2025.