# 7 Terrace View Avenue, Manhattan

Vacant land · Block 2215, Lot 173.

On Umarelli: https://umarelli.org/nyc/1022150173/7-terrace-view-avenue

More construction in Inwood: https://umarelli.org/nyc/manhattan/inwood.md

## Building permits

- New Building — Multi-Family, filed Apr 20, 2022, estimated cost $7.2M, 24 units, 5 stories, described as “New 5-story over cellar, 24-family residential building.”
- Alteration, filed Jul 2, 2024, estimated cost $10K, described as “Installation of the temporary construction fence at 7-15 terrace view avemanhattan, ny 10463 as indicated on plans. There will be no change in the use, egress, or occupancy under this application.”
- Alteration, filed Jun 3, 2022, described as “Application filled for the installation of a single footing element as per drawings. All work in conjunction with the new building under job number M00705695.”

## Property taxes

- Assessment: $432,900
- 2026–27 tax: $46,961
- Market value (city estimate): $962,000
- Taxable value: $432,900
- Assessed land: $432,900

## Zoning

M1-1: floor area ratio 0.00 built, 1.00 allowed by base zoning.

## Recent sales

- Dec 28, 2017: $260,000
- Dec 28, 2017: $550,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Variance or special permit (Board of Standards and Appeals 2019-66-BZ): Variance or special permit, Granted, filed Mar 27, 2019, decided Feb 28, 2022. Variance (§72-21) to permit the development of a seven (7) story building containing 59 rental apartments contrary to ZR §42-00. M1-1 zoning district.
- C-O-P (City Planning P1997X0196): Completed, decided Jul 18, 1997. UNRESTRICTED DISPOSITION OF CITY-OWNED PROPERTY, 6 PARCELS

## In the news

[Permits Filed for 7 Terrace View Avenue in Marble Hill, Manhattan](https://newyorkyimby.com/2022/04/permits-filed-for-7-terrace-view-avenue-in-marble-hill-manhattan.html), New York YIMBY, Apr 23, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology