Manhattan  »  10001  »  8th Ave  »  490 8th Ave

490 8th Avenue, New York, NY 10001 - Property report

Also known as: 490 8th Ave

Property image for 490 8th Avenue, New York, NY 10001
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1975

Lot sq. ft.

4,737

Sale price

$12,000,000

General information

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Address
Primary address
490 8th Avenue
Alternate address(es)
490-492 8th Ave
ZIP code
10001
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00784-0080

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
9,400
Building dimensions
47 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1975
Building material
Sales
Sale date
03/19/2026
Sale price
$12,000,000
Tax
Tax year
2026-2027
Property tax
$246,101
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
47 ft x 100 ft
Lot sq. ft.
4,737

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.12 Miles
Closest fire station
0.12 Miles

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

Ownership information for 490 8th Avenue, New York, NY

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

Sales history for 490 8th Avenue, New York, NY 10001

Sale date Sale price Buyer name Seller name
03/19/2026 $12,000,000 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXX'X XXXX XXXXXX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/24/2026 - R
03/19/2026 - D
Sundry Agreement
(2026032300582005)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXX XXX
03/24/2026 - R
03/19/2026 - D
Memorandum of Contract
(2026032300582004)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXX XXX
03/24/2026 - R
03/19/2026 - D
Memorandum of Lease
(2026032300582003)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXX XXX
03/24/2026 - R
03/19/2026 - D
Memorandum of Lease
(2026032300582002)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXXXX XXX XXX
03/24/2026 - R
03/19/2026 - D
Deed
(2026032300582001)
XXXXXXXXX XXXX XXXXXX XXXXXXX XXX XXXX XXXX XXXXXX XXXXX XXX
01/29/2019 - R
12/03/2018 - D
Correction Deed
(2019010400246001)
XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXX XXXXXX XXXXXXX
07/13/2010 - R
04/01/1996 - D
Deed
(2010070101250001)
XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXX XXXXXX XXXXXXX XX XXXXXXXX
01/13/1988 - R Agreement
(1720000229672)
XXXXXX XXXXXX X XXXXXXXXX XXXX
01/04/1988 - R Power of Attorney
(1140000228314)
XXXXXX XXXXXX X XXXXX XXXX X
01/04/1988 - R Power of Attorney
(1130000228313)
XXXXXXX XXXXX X XXXXX XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 490 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
$246,101
Municipal exemptions
Recent tax assessments
Market value
$5,840,000
Assessed value
$2,628,000

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 $5,751,000 $2,587,950 $2,157,750 10.848% $234,073 $234,073 +2.34%
2024/25 $4,824,000 $2,170,800 $2,125,160 10.762% $228,710 $228,710 +2.29%
2023/24 $4,691,000 $2,110,950 $2,110,950 10.592% $223,592 $223,592 +4.37%
2022/23 $4,472,000 $2,012,400 $2,012,400 10.646% $214,240 $214,240 +4.48%
2021/22 $4,237,000 $1,906,650 $1,906,650 10.755% $205,060 $205,060 -23.85%
2020/21 $6,191,000 $2,785,950 $2,518,210 10.694% $269,297 $269,297 +4.73%
2019/20 $6,614,000 $2,976,300 $2,440,260 10.537% $257,130 $257,130 +8.13%
2018/19 $5,310,000 $2,389,500 $2,261,700 10.514% $237,795 $237,795 +4.24%
2017/18 $5,281,000 $2,376,450 $2,169,630 10.514% $228,115 $228,115 +4.29%
2016/17 $5,087,000 $2,289,150 $2,068,650 10.574% $218,739 $218,739 +4.46%

Permit information for 490 8th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
05/27/2026 Full demolition
04/21/2025 Alteration
04/15/2025 Alteration
08/13/2018 Place of assembly
05/14/2018 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/12/2001 C-construction
06/16/1994 Z-zoning

*Most recent DOB violations on record for this property.

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

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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 & 35th St at SE Corner
Station lines
A-C-E
Distance (miles)
0.015

Access the detailed traffic volume map for 490 8th Avenue, New York, NY 10001 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

Frequently asked questions

What is the year built for 490 8th Avenue, New York, NY 10001?

The development at 490 8th Avenue, New York, NY 10001 was built in 1975.

What is the market value of 490 8th Avenue, New York, NY 10001?

The current market value of 490 8th Avenue, New York, NY 10001 is $5,840,000.

What is the total square footage of 490 8th Avenue, New York, NY 10001?

490 8th Avenue, New York, NY 10001 has a total of 9,400 square feet.

What is the price per square foot for this property?

$1,276 per square foot is the price for 490 8th Avenue, New York, NY 10001.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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