Manhattan  »  10018  »  9th Ave  »  497 9th Ave

497 9th Avenue, New York, NY 10018 - Property report

Also known as: 400-402 W 38th St

Property image for 497 9th Avenue, New York, NY 10018
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Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2024

Lot sq. ft.

7,922

Sale price

$48,000,000

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
Primary address
497 9th Avenue
Alternate address(es)
400-402 W 38th St
501-503 9th Ave
ZIP code
10018
Neighborhood
Clinton - Hell's Kitchen
Borough
Manhattan
Block & lot
00735-0035

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
69,221
Building dimensions
73 ft x 98 ft
Buildings on lot
1
Stories
12
Year built
2024
Building material
Sales
Sale date
05/10/2022
Sale price
$48,000,000 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
63
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
74.08 ft x 93.83 ft
Lot sq. ft.
7,922

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
2
Community district
4

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

Ownership

Ownership information for 497 9th 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 497 9th Avenue, New York, NY 10018

Sale date Sale price Buyer name Seller name
05/10/2022 $48,000,000 XXX XXXXXX XXXXX XXX XXXXXX XXXXX XXX
11/28/2018 $17,000,000 XXXXXX XXXXX XXX XXXXX XXXX XX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/16/2026 - R
02/27/2026 - D		 Subordination of Mortgage
(2026031000355001)		 XXXXXXXXX XXXX XXX XXXXXX XXXXX XXX
02/17/2026 - R
02/12/2026 - D		 Maps
(2026021301036001)		 XXX XXX XXX XXXXXX XXXXXXXXXXX
02/17/2026 - R
04/21/2025 - D		 Condo Declaration
(2026021301036002)		 XXX XXXXXX XXXXX XXX
09/12/2023 - R Initial UCC1
(2023090501160002)		 XXX XXXXXX XXXXX XXX XXXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
09/12/2023 - R UCC3 Termination
(2023090501160001)		 XXX XXXXXX XXXXX XXX XXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
09/08/2023 - R
09/01/2023 - D		 Assignment of Leases and Rents
(2023090500412005)		 XXX XXXXXX XXXXX XXX XXXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
09/08/2023 - R
09/01/2023 - D		 Mortgage
(2023090500412004)		 XXX XXXXXX XXXXX XXX XXXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
09/08/2023 - R
09/01/2023 - D		 Mortgage
(2023090500412003)		 XXX XXXXXX XXXXX XXX XXXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
09/08/2023 - R
09/01/2023 - D		 Agreement
(2023090500412002)		 XXX XXXXXX XXXXX XXX XXXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
09/14/2023 - R
08/23/2023 - D		 Termination of Assign of L&R
(2023090800787001)		 XXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX XXX XXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 497 9th Avenue, New York, NY

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

This property currently has a zero assessment. No calculation of property tax can therefore be made.

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 $5,007,000 $2,253,150 $2,253,150 12.439% $280,269 $280,269 +15.58%
2024/25 $5,007,000 $2,253,150 $2,253,150 10.762% $242,484 $242,484 +2090.94%
2023/24 $315,000 $141,750 $104,490 10.592% $11,068 $11,068 +14.37%
2022/23 $242,000 $108,900 $90,900 10.646% $9,677 $9,677 +14.00%
2021/22 $230,000 $103,500 $78,930 10.755% $8,489 $8,489 +16.67%
2020/21 $200,000 $90,000 $68,040 10.694% $7,276 $7,276 +15.38%
2019/20 $174,000 $78,300 $59,850 10.537% $6,306 $6,306 +11.08%
2018/19 $164,000 $73,800 $54,000 10.514% $5,678 $5,678 +10.09%
2017/18 $109,000 $49,050 $49,050 10.514% $5,157 $5,157 -81.31%
2016/17 $475,500 $213,975 $213,975 12.892% $27,586 $27,586 n/a
Permits

Permit information for 497 9th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
02/20/2026 New building
11/03/2025 Alteration
10/23/2025 Alteration
08/19/2025 Alteration
07/11/2025 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
05/09/2025 C-construction other optional
09/27/2017 C-construction
09/27/2017 C-construction

*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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Nearby ZIP codes for 497 9th 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 497 9th Avenue, New York, NY 10018?

The development at 497 9th Avenue, New York, NY 10018 was built in 2024.

What is the total square footage of 497 9th Avenue, New York, NY 10018?

497 9th Avenue, New York, NY 10018 has a total of 69,221 square feet.

What is the price per square foot for this property?

$693 per square foot is the price for 497 9th Avenue, New York, NY 10018.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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