26 Sherman Avenue, Manhattan
Apartment building · 59 units · built 2021 · Block 2175, Lot 98.
Building permits
- Alteration, filed Jan 16, 2025, estimated cost $63K, described as “Tenant fit out of existing commercial space to accommodate medical professional offices. No change in use, egress or occupancy.”
- Alteration, filed Feb 15, 2022, estimated cost $1K, described as “Installation of a temporary debris chute 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 Aug 2, 2021, estimated cost $1K, described as “Plumbing Work filed in conjunction with NB 121208905”
- Alteration, filed Jul 21, 2021, estimated cost $2K, described as “Combined sprinkler/standpipe system filed in conjunction with NB 121208905.”
- Alteration, filed Jun 22, 2021, estimated cost $5K, described as “Installation of a temporarily supported scaffold and 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 Jun 4, 2021, estimated cost $2K, described as “Structural work filed in conjunction with NB # 121208905”
- Alteration, filed Jun 1, 2021, estimated cost $2K, described as “Installation of a temporary air pressurized standpipe system during construction. In conjunction with NB # 321590328. System will be repurposed in a future standpipe/sprinkler installation.”
- Alteration, filed May 12, 2021, estimated cost $10K, described as “Proposed to cap and remove sprinkler system. No change to use,egress, or occupancy under this application”
- Alteration, filed Apr 9, 2021, estimated cost $5K, described as “Installation of sidewalk shed and overhead protection as per plans, sidewalk shed live load will be 300 psf. Shall comply with chapter # 33 of the code 2014, no changes to use, egress and occupancy.”
- Alteration, filed Jan 5, 2021, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Nov 20, 2020, estimated cost $300K, described as “Mechanical Work filed in conjunction with New Building 121208905.”
Property taxes
- Assessment
- $6,016,500
- 2026–27 tax
- $74,836
- Market value (city estimate)
- $13,370,000
- Taxable value
- $601,625
- Assessed land
- $252,000
- Assessed improvements
- $5,764,500
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $673,556 a year below the full tax.
Zoning
R7-2: floor area ratio 5.84 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.
Recent sales
- Dec 11, 2020: $6,600,000, 9,280 sq ft ($711 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 26 Sherman Avenue in Fort George, Manhattan, New York YIMBY, Nov 14, 2020.