New York City  »  10018  »  8th Ave  »  555 8th Ave

Shampan Building - 555 8th Avenue, New York, NY 10018 - Property report

Also known as: 304 W 38th St

Property image for Shampan Building - 555 8th Avenue, New York, NY 10018
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1927

Lot sq. ft.

7,400

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Shampan Building
Primary address
Shampan Building - 555 8th Avenue
Alternate address(es)
304 W 38th St
553-555 8th Ave
ZIP code
10018
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00761-0037

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
162,260
Building dimensions
49 ft x 125 ft
Buildings on lot
1
Stories
23
Year built
1927
Last altered
1984
Building material
Tax
Tax year
2026-2027
Property tax
$1,009,368
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
49.33 ft x 125 ft
Lot sq. ft.
7,400

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
2
Community district
4
Closest police station
0.11 Miles
Closest fire station
0.12 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for Shampan Building - 555 8th Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Shampan Building - 555 8th Avenue, New York, NY 10018

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/25/2020 - R
01/22/2020 - D		 Both RPTT and RETT
(2020022500355001)		 XX XXXXXXXX XXX XXXXX XXXXXXXX XXX
07/23/1999 - R Initial UCC1
(1710006712371)		 XXXXX XXXXXXX XXXX XXXXXXXX XXXXXX XXXXXXX
08/10/1984 - R Uniform Commercial Code 3
(1210000469921)		 XXXXXXXXXXXX XXX
08/10/1984 - R Assignment, Mortgage
(1030000070803)		 XXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXXX XXX
04/16/1984 - R Uniform Commercial Code 3
(1690000470969)		 XXXXXXXXXXXX XXX
08/20/1974 - R Agreement
(1380008540038)		 XXXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX
08/09/1974 - R Assignment, Mortgage
(1840008539584)		 XXXXXX XXXXXXX XXXX XXXXXXX XXXXXXX XXXX
08/07/1974 - R Assignment, Mortgage
(1950008539495)		 XXXXXX XXX XXXXXX XXXXXX
06/13/1973 - R Agreement
(1940008521894)		 XXXXXXXXXXXX XXX XXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Shampan Building - 555 8th Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,009,368
Municipal exemptions
Recent tax assessments
Market value
$20,677,000
Assessed value
$9,304,650

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $19,412,000 $8,735,400 $8,735,400 10.848% $947,616 $947,616 -12.46%
2024/25 $22,351,000 $10,057,950 $10,057,950 10.762% $1,082,437 $1,082,437 +4.87%
2023/24 $21,656,000 $9,745,200 $9,745,200 10.592% $1,032,212 $1,032,212 +0.52%
2022/23 $21,434,000 $9,645,300 $9,645,300 10.646% $1,026,839 $1,026,839 -2.37%
2021/22 $21,731,000 $9,778,950 $9,778,950 10.755% $1,051,726 $1,051,726 -32.11%
2020/21 $33,433,000 $15,044,850 $14,485,348 10.694% $1,549,063 $1,549,063 +4.43%
2019/20 $34,315,000 $15,441,750 $14,077,887 10.537% $1,483,387 $1,483,387 +6.72%
2018/19 $31,750,000 $14,287,500 $13,220,550 10.514% $1,390,009 $1,390,009 +4.24%
2017/18 $31,945,000 $14,375,250 $12,683,050 10.514% $1,333,496 $1,333,496 +0.45%
2016/17 $32,852,000 $14,783,400 $12,554,530 10.574% $1,327,516 $1,327,516 +4.80%
Permits

Permit information for Shampan Building - 555 8th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
11/06/2025 Alteration
08/14/2025 Alteration
08/05/2025 Alteration
06/17/2025 Alteration
05/05/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/07/2025 Fispfcs-failure to correct swarmp conditions (facade) facade required
03/01/2021 E-elevator elevatorrequired
03/01/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 40th St at SW Corner
Station lines
A-C-E-N-Q-R-S-1-2-3-7
Distance (miles)
0.107
View subway map

Access the detailed traffic volume map for Shampan Building - 555 8th Avenue, New York, NY 10018 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for Shampan Building - 555 8th Avenue, New York, NY

510 9th Ave, New York 539 8th Ave, New York 325 W 37th St, New York 347 W 37th St, New York 320 W 38th St, New York 498 9th Ave, New York 353 W 37th St, New York 492 9th Ave, New York 350 W 38th St, New York 307 W 37th St, New York 313 W 37th St, New York 349 W 37th St, New York 496 9th Ave, New York 351 W 38th St, New York 306 W 38th St, New York 330 W 38th St, New York 500 9th Ave, New York 506 9th Ave, New York 545 8th Ave, New York 543 8th Ave, New York

Nearby ZIP codes for Shampan Building - 555 8th Avenue, New York, NY

10001, New York City, NY 10011, New York City, NY 10016, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Shampan Building - 555 8th Avenue, New York, NY 10018?

The development at Shampan Building - 555 8th Avenue, New York, NY 10018 was built in 1927.

What is the market value of Shampan Building - 555 8th Avenue, New York, NY 10018?

The current market value of Shampan Building - 555 8th Avenue, New York, NY 10018 is $20,677,000.

What is the total square footage of Shampan Building - 555 8th Avenue, New York, NY 10018?

Shampan Building - 555 8th Avenue, New York, NY 10018 has a total of 162,260 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 40.

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