450 West 150th Street, Manhattan
Convent · built 2010 · Block 2064, Lot 50.
Building permits
- Alteration, filed Dec 5, 2022, estimated cost $5K, described as “Installation of a temporarily supported scaffold and heavy-duty sidewalk per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Aug 8, 2022, estimated cost $100K, described as “Installation of Mechanical Systems in conjunction with ALT 1 #M00549294-I1 to rehabilitate existing building for use as a Non-Profit Institution with Sleeping Accommodations. Refer to ALT 1 #M00549294-I1 for NYECCC Compliance.”
- Alteration, filed Oct 28, 2021, estimated cost $32K, described as “New Sprinkler Fire service in building filed in conjunction with ALT I M00549294-I1. Install new main, risers, sprinkler heads; re-use/extend existing branch piping, drain piping and sprinkler heads.”
- Alteration, filed Oct 28, 2021, estimated cost $184K, described as “Install new plumbing fixtures in conjunction with work filed under alt i M00549294-I1”
- Major Renovation — Conversion, filed Jul 27, 2021, estimated cost $2.1M, 36 units added, 4 stories, described as “Application filed for demolition of existing 2 story portion of building; construct 4 story replacement on existing foundations.”
Property taxes
- Assessment
- $1,943,550
- Market value (city estimate)
- $4,319,000
- Taxable value
- $0
- Assessed land
- $75,150
- Assessed improvements
- $1,868,400
Tax breaks
- Nonprofit exemption (nonprofit, use planned), with no end date, about $210,836 a year below the full tax.
Zoning
R7A: floor area ratio 3.32 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 11, 2019: $7,600,000
Open-market sales since 2016, from the Department of Finance’s sales files.