New York  »  Manhattan  »  10018  »  Garment District

488 7th Avenue, New York, NY 10018

Garment District, Midtown Manhattan, Manhattan
Building in Garment District
13 Stories
104 Units
Built in 1902
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Welcome to 488 7th Avenue, a building located in Garment District, Midtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1902. This is a relatively tall building with a total of 13 floors. From what we gather, there are a total 104 residential units. According to local assessors, the total value of the building is currently valued at $12,939,300. Specifically, the value of the land that the property sits on has been assessed at $1,539,000.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. The code designated for the basement in this building was 2 which stands for: "". The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Fitness Center
Laundry In Building
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1902
First Altered Year
1984
Building Count
1
Floor Count
13
Total Unit Count
108
Residential Unit Count
104
Basement Type
2
Unit Count
Building Floor Area
Residential Building Floor Area
80,472
Commercial Building Floor Area
8,400
Retail Building Floor Area
8,400
Floor Area Ratios
Building Area Source
2
Building
Building Type
D6
Lot Type
3
Land Use
04
Irregular Lot Code
N
Proximity Code
3
Extension Code
N
Sanborn Map Number
105N033
Ownership
Current Owner's Name
488 SEVENTH LLC
Neighborhood
Census Block
1003
Community District
105
City Council District
3
Police Precinct
14
Fire Company
E026
Health Area
5200
Sanitation District Borough
1
Sanitation Subsection
1H
School District
02
Census Block Code
1003
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610109001003
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0109
Census Tract Code
010900
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
M1-6
Special Purpose District 1
GC
Zoning Map Number
8d
Geography
Borough Name
MN
Borough Code
1
Block
786
Lot
42
Borough Block Lot
1007860042
X Coordinates
987067
Y Coordinates
213463
Valuation
Pluto Map ID
1
More About The Building
To break it down, the depth of the building was measured at 80 square feet and the front is listed as 99 square feet. In comparison, the lot area is listed as 7,900 square feet. The depth of the property lot was measured at 80 square feet and the front at 99 square feet. The building itself has 88,872 square footage of total floor area. Out of that, 80,472 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 488 7th Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Garment District area have a median price of $4,821. Those in the 25th percentile, have a price around $4,094. While those in the 75th percentile, have a price around $6,038. Typically, the buildings in this area have a median sqft of 970. That means that the median price per sqft is around $6. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $6. As a breakdown, we've included the following stats:

  • There are currently a total of 15 studio listings. The median price for these types of listings is $3,850.
  • There are currently a total of 22 one bedroom listings. The median price for these types of listings is $4,465. That's $6.30 price per sqft.

  • There are currently a total of 25 two bedroom listings. The median price for these types of listings is $5,950. That's $6.13 price per sqft.

  • There are currently a total of 11 three bedroom listings. The median price for these types of listings is $8,250. That's $6.19 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
488 7th Avenue is located in 10018. There are 9,684 people living here. There are 4,956 households. Most of these households have an average family size of 2.75 people. According to the census, 92% are currently renting while 8% own their homes. The median age of this population is around 31.2 years old. On average, most folks in the zipcode are unmarried. About 42% of folks speak a language other than English in this area. The area's employment rate is currently around 77.1%. Speaking of employment, the median income is $105,479. Most folks will commute by public transportation for around 26.9 minutes. Finally, we know that 8% of residents in the area have graduated with their high school degree. Additionally, 40% and 32% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. New York County, New York has a population of 1,634,989 people. Based on census records, there are 753,385 registered households. Families in this area are on average made up of 3.09 people per household. Most folks are unmarried. They are also typically around 36.7 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 77% rent while 23% purchased their homes. Right now, the community is made up of 13% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 29% have a Master's degree. The employment rate is currently around 62.9%. Those employed, have a median income of $75,513. If you move here, you can expect to commute mostly by public transportation for around 31.4 minutes.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
$3,850
Studio Median Rent
$4,465
1BR Median Rent
$5,950
2BR Median Rent
$8,250
3BR Median Rent
PUBLIC TRANSIT
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MTA New York City Transit
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Academy Bus

Nearby Schools

(within attendance boundary)
PS 51 ELIAS HOWE  •  0.7 mi
525 W 44th St, New York, NY 10036
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
CITY KNOLL MIDDLE SCHOOL  •  0.43 mi
425 W 33rd St, New York, NY 10001
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
328 W 48th St, New York, NY 10036
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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