31 Sherman Avenue, Manhattan
Apartment building · 72 units · built c. 1920 · Block 2174, Lot 20.
Building permits
- Alteration, filed May 21, 2025, estimated cost $31K, described as “Window lintel replacement and Pointing as per plan. No change in use, egress, or occupancy with this application.”
- Alteration, filed May 5, 2025, estimated cost $18K, described as “Proposed installation of heavy duty sidewalk shed for remedial repairs as per plans. No change in use, occupancy, or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with Chapter #33 of the 2022…”
- Alteration, filed May 5, 2025, estimated cost $18K, described as “Proposed installation of pipe scaffold for remedial repairs as per plans. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 23, 2024, estimated cost $20K, described as “Interior renovation of fire damaged unit 1L to restore according to plans filed herewith. No change to use, egress or occupancy under this application.”
- Alteration, filed Feb 13, 2020, estimated cost $30K, described as “Application file to install new gas dryers, sprinkler heads, replace gas piping in all floors. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $2,041,200
- 2026–27 tax
- $212,488
- Market value (city estimate)
- $4,536,000
- Taxable value
- $1,871,820
- Assessed land
- $292,500
- Assessed improvements
- $1,748,700
Tax breaks
- J-51 abatement, through Dec 31, 2036, a $20,347 credit this tax year.
Zoning
R7-2: floor area ratio 4.64 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.