540 1 AVENUE
BBL 1009620108 · Class I5 · Built 1963 · 24 floors · NEW YORK UNIVERSITY
540 1 AVENUE is a property in New York City zoned R8. The R8 classification is Residential R8. The structure was built in 1963. It has 24 floors. The building contains 413,850 square feet. Built FAR is 7.12 of 6.02 maximum allowed. Assessed value is $60,482,250. Located in Council District 4.
You can build 378K sf as-of-right. The lot uses 110% of it today.
Governing use: community facility at FAR 6.50 on a 58,156 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
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