20 Sherman Avenue, Manhattan
Apartment building · 41 units · built c. 1920 · Block 2175, Lot 100.
Building permits
- Alteration, filed Mar 22, 2022, estimated cost $7K, described as “Stone repair on the facade of the building.”
- Alteration, filed Mar 10, 2022, estimated cost $8K, 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 2014 code.”
- Alteration, filed Nov 28, 2021, estimated cost $150K, described as “Interior renovation of apt 1E & 1F on the 1ST floor. Scope of works as shown in plans. No change in egress, use or occupancy.”
Property taxes
- Assessment
- $1,239,750
- Market value (city estimate)
- $2,755,000
- Taxable value
- $0
- Assessed land
- $198,900
- Assessed improvements
- $1,040,850
Tax breaks
- Article XI exemption, through Jun 30, 2066, about $154,213 a year below the full tax.
Zoning
R7-2: floor area ratio 4.18 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
- Feb 12, 2020: $7,850,000, 41,000 sq ft ($191 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.