Manhattan » 10001 » W 27th St » 518 W 27th St

518 West 27th Street, New York, NY 10001 - Property report

Also known as: 516-518 W 27th St

Property image for 518 West 27th Street, New York, NY 10001

Property type

Luxury Hotel (H1)

Year built

2011

Lot sq. ft.

4,937

Sale price

$10,000,000

General information

Address

Primary address

518 West 27th Street

Alternate address(es)

516-518 W 27th St

ZIP code

10001

Neighborhood

Chelsea

Borough

Manhattan

Block & lot

00698-0047

Building

Property type

Luxury Hotel (H1)

Building sq. ft.

35,987

Building dimensions

50 ft x 98 ft

Buildings on lot

Stories

Year built

2011

Building material

Sales

Sale date

11/19/2007

Sale price

$10,000,000

Tax

Tax year

2026-2027

Property tax

$746,194

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

50 ft x 98.75 ft

Lot sq. ft.

4,937

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

Closest police station

0.48 Miles

Closest fire station

0.53 Miles

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

Ownership

Ownership information for 518 West 27th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 518 West 27th Street, New York, NY 10001

Sale date	Sale price	Buyer name	Seller name
11/19/2007	$10,000,000	XXX XXXXXXXX XXXXX XXX	XXXXXX, XXXXXX XXX XXXXXX, XXXXXXX, XXXXX XXX XXXXXX, XXXX X XXX XXXXXX, XXXXXX XXXX XXX XXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/14/2025 - R 03/31/2025 - D	Mortgage (2025041400214001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
11/16/2023 - R	UCC3 Continuation (2023111501665001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
11/16/2023 - R	UCC3 Continuation (2023111501655001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
04/21/2023 - R	UCC3 Continuation (2023041700844001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
08/17/2020 - R 06/30/2020 - D	Satisfaction of Mortgage (2020081700880001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
08/17/2020 - R 06/30/2020 - D	Termination of Assign of L&R (2020081700869001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
05/27/2020 - R 05/22/2020 - D	Mortgage (2020052700600001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
09/07/2018 - R	UCC3 Continuation (2018090400444001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
09/07/2018 - R	UCC3 Continuation (2018090400434001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX
01/09/2018 - R	UCC3 Continuation (2018010501111001)	XXX XXXXXXXX XXXXX XXX	XXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 518 West 27th Street, 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

$746,194

Municipal exemptions

Recent tax assessments

Market value

$16,121,000

Assessed value

$7,254,450

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	$15,056,000	$6,775,200	$6,667,740	10.848%	$723,316	$723,316	-6.89%
2024/25	$16,807,000	$7,563,150	$7,218,250	10.762%	$776,828	$776,828	+0.40%
2023/24	$16,233,000	$7,304,850	$7,304,850	10.592%	$773,730	$773,730	+14.57%
2022/23	$14,097,000	$6,343,650	$6,343,650	10.646%	$675,345	$675,345	-17.70%
2021/22	$16,955,000	$7,629,750	$7,629,750	10.755%	$820,580	$820,580	-11.59%
2020/21	$19,288,000	$8,679,600	$8,679,600	10.694%	$928,196	$928,196	+2.76%
2019/20	$19,882,000	$8,946,900	$8,572,410	10.537%	$903,275	$903,275	+3.66%
2018/19	$19,800,000	$8,910,000	$8,288,030	10.514%	$871,403	$871,403	+3.46%
2017/18	$22,067,000	$9,930,150	$8,011,030	10.514%	$842,280	$842,280	-5.65%
2016/17	$19,762,000	$8,892,900	$8,442,420	10.574%	$892,701	$892,701	-12.50%

Permits

Permit information for 518 West 27th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
09/08/2023	Alteration
05/17/2023	Alteration
04/26/2022	Alteration
02/04/2021	Alteration
02/13/2020	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
	11/14/2025	Lblvio-low pressure boiler boiler required
	06/20/2023	Lblvio-low pressure boiler boiler required
	06/01/2022	Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

0.2

Hurricane evacuation zones

Subway & traffic

Closest station

Hudson Blvd East Between 33rd St & 34th St (South Entrance)

Station lines

Distance (miles)

0.334

View subway map

Access the detailed traffic volume map for 518 West 27th Street, 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

Nearby ZIP codes for 518 West 27th Street, New York, NY

10010, New York City, NY 10011, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, 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 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 518 West 27th Street, New York, NY 10001?

The development at 518 West 27th Street, New York, NY 10001 was built in 2011.

What is the market value of 518 West 27th Street, New York, NY 10001?

The current market value of 518 West 27th Street, New York, NY 10001 is $16,121,000.

What is the total square footage of 518 West 27th Street, New York, NY 10001?

518 West 27th Street, New York, NY 10001 has a total of 35,987 square feet.

What is the price per square foot for this property?

$277 per square foot is the price for 518 West 27th Street, New York, NY 10001.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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.