492 St Nicholas Avenue, Manhattan
Apartment building · 17 units · built 2019 · Block 1959, Lot 54.
Building permits
- Alteration, filed Feb 25, 2021, estimated cost $12K, described as “It is proposed to install marquee as shown on plans. no change of use, egress or occupancy. Application filed in conjunction with NB # 121190861”
- Alteration, filed Nov 8, 2019, estimated cost $5K, described as “Installation of a temporary scaffold @ elevator shaft as per plans in conjunction with NB construction. No change in use, egress or occupancy. Scaffold to comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed May 22, 2019, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed May 9, 2019, estimated cost $10K, described as “Installation of a temporary scaffold as per plans in conjunction with NB construction. No change in use, egress or occupancy. Scaffold to comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Oct 23, 2018, estimated cost $10K, described as “It is proposed to install construction fence in conjunction with NB # 121190861 as shown on plans.”
Property taxes
- Assessment
- $2,863,350
- 2026–27 tax
- $27,883
- Market value (city estimate)
- $6,363,000
- Taxable value
- $224,156
- Assessed land
- $324,450
- Assessed improvements
- $2,538,900
Tax breaks
- 421-a exemption, through Jun 30, 2057, about $328,289 a year below the full tax.
Zoning
R8: floor area ratio 7.49 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 18, 2023: $13,550,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 492 Saint Nicholas Avenue (City Planning P2013M0432): Completed, decided Jul 1, 2014. The Department of Housing Preservation and Development is requesting an acquisition of a privately-owned vacant lot, UDAAP designation, disposition, and project approval.
In the news
Affordable Housing Lottery Launches for 320 West 135th Street in Harlem, Manhattan, New York YIMBY, Apr 9, 2022.