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AddressPrimary address 502 W 27th StZip code 10001Borough ManhattanBlock & lot 00698-0141Sanborn map 105S004Tax map 10301

OwnerName Town House Associates LLC

C/O Gilbert GroupAddress 148 W 23 St #11D

New York, NY 10011

Purchase date 09/28/2005Purchase price $0

Property TaxesTax class 1Tax assessor's marketvalue

$2,525,000

Projected tax assessor'smarket value

$4,536,000

Current tax bill $10,067Projected tax bill $10,144

NeighborhoodNeighborhood ChelseaCommunity district 4Closest police station 0.47 MilesClosest fire station 0.53 MilesSchool district number 2Census tract 99

Hazards & EnvironmentToxic site on thisproperty

1

Neighboring toxic sites 8E-Designation E-142

BuildingBuilding class Miscellaneous One Family

(A9) iBuilding sqft 1,125Building dimensions 15 ft x 25 ftRoof height 29 ftGround elevation 14 ftYear built 1920 (estimated)Stories 3Year last altered 1989 i

UseResidential units 1Residential sqft 1,125Average residential unitsize

1,125

Certificate(s) ofoccupancy

Click here i

I-card Click here i

LotLot sqft 400 iLot dimensions 15.42 ft x 24.67 ftCorner lot NoBuildings on lot 1

ZoningZoning districts C6-3, WCH iZoning map 8b

Floor Area Ratio (FAR)Residential FAR 7.52Commercial FAR 6Facility FAR 10FAR as built 2.81 iAllowed usable floorarea

3,008

Usable floor area asbuilt

1,124

Unused FAR 1,884

ViolationsECB violations 1

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Uploaded in May, 2014 by Christopher Bride Upload photos for this property

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Building class: Miscellaneous One Family (A9)

HideZoning

New York City is divided into three basic zoning districts: residential (R), commercial (C) and manufacturing (M). These basiczoning districts are subdivided by the intensity of use. Development is governed by the use, bulk, and parking requirements ofthe zoning district.

Click on the map to expand.

This map was created from the NYCDepartment of City Planning's online zoning map files. Itincludes updates found in those files through 2/8/2017.

Zoning Designation

Commercial C6-3Special districts WCH

Parcel Vicinity

Frontage(s) W 27 St (wide)

Rezoning Projects

SinceSince ProjectProject StatusStatus

2014 West Chelsea Active

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C6-3

WCH

SinceSince ProjectProject StatusStatus

2005 West Chelsea Adopted

For more information about zoning district regulations, click here.

Commercial

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C6 districts permit a wide range of high-bulk commercial usesrequiring a central location. Most C6 districts are in Manhattan,Downtown Brooklyn and Downtown Jamaica. Corporateheadquarters, large hotels, department stores andentertainment facilities in high-rise mixed buildings arepermitted in C6 districts. C6 districts are well served by masstransit, and off-street parking is generally not required, exceptwithin the C6-3D district. C6-1, C6-2 and most C6-3 districts,typically mapped in areas outside central business cores, suchas the Lower East Side and Chelsea, have a commercial floorarea ratio (FAR) of 6.0. More info

Special District

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The Special West Chelsea District (WCh) provides a regulatoryframework for the continued development of a dynamic mixedresidential and commercial area centered around the publicopen space created by reuse of the High Line, a formerelevated rail line running north-south through the length of thedistrict. Bounded generally by Tenth and Eleventh Avenuesbetween West 16th and West 30th Streets, the district containsregulations to facilitate enjoyment of the High Line including afloor area transfer mechanism to preserve light, air and viewsas well as floor area bonuses related to access and open spacedevelopment. More info

Map Disclaimer: Our maps are not official zoning maps. The print version of the NYC Zoning Resolution, which includes thezoning maps, together with any amendments adopted by the City Council subsequent to the most recent update to the printversion, remains the official version of the Zoning Resolution. All zoning descriptions have been taken from the NYC Planningofficial source.

HideFloor Area Ratio & Air RightsF3

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There are many rules that limit what you can build on a lot and how large it can be. But the most important is the Floor AreaRatio, or FAR. The FAR is expressed as a ratio of the size of the building in square feet to the size of the lot in square feet. Forexample, if a lot is 2,000 square feet and has an allowable FAR of 4.0, then you cannot build a building larger than 8,000 squarefeet. Max FAR depends on several factors including zoning, location and use.

The maximum usable floor area is calculated by multiplying the size of the lot by the larger of the residential or commercial FAR.

Area of lot in square feet 400

FAR x 7.52

Maximum usable floor area of building = 3,008

Available Air Rights by Parcel

The building on this lot is smaller than the maximum set by the FAR. Thus it may be possible to add to the building (either morefloors or an extension) or it may be possible to sell the "air rights" to a developer who owns a nearby lot. (Note: other factorsmay limit what you can do.)

Maximum usable floor area 3,008

Usable floor area - 1,124

Unused buildable square feet ("air rights") = 1,884

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Residential FAR 7.52Commercial FAR 6Facility FAR 10FAR as built 2.81 i

HidePlanimetric MapF4

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This planimetric map shows features such as retaining walls, sidewalks, medians, curbs, and roadbeds that have been digitizedfrom aerial photography. These features must be taken into consideration when determining how a new building, or extensionsto an existing building, are situated within the lot. They can also affect the maximum height that can be built.

BIN 1012402Type GarageStatus ConstructedRoof height 29 ftGround elevation 14 ft

HidePermits

Pre filing date 06/12/2007Job type Alteration type 2Initial cost $10,000Job status Permit issued - entire

job/workWork ConstructionLink to job Bin 1012402Fully paid 06/13/2007Approved 06/13/2007Total estimated fee $191

Job Details

Permit Details

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Filing date 07/26/2007Permit 104798612-01-EW-OTStatus 01/Initial

Expiration: 01/10/2008Permit type Equipment work

other-general construction,partitions, marquees, BPP

(builder pavement plan), etc

G. Housing Quality Enforcement Programs Hide

HideHPD Alternative Enforcement Program

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The HPD Alternative Enforcement Program map is based on the current month’s HPD violations in a building divided by thenumber of units in the building. It takes in consideration the open hazardous and immediately hazardous violations in the last 5years.

For more information, visit the HPD website.

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HideHPD Violations

When excessive violations are present, this can adversely affect the support given by The NYC Department of HousingPreservation and Development (HPD). These violations can result in building-wide inspections, fees, and the requirement ofextensive repair work to correct underlying conditions. In some cases, outstanding violations may result in a lien being placedon the property. It is also substantially more difficult to mortgage a building with extensive violations.

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Click on the map to expand.

This map shows housing violations in residential buildings,giving more weight to more recent and more severe violations.

Class description i

We do not have any record of violations in our database. Status can be verified here.

H. Complaints & Violations Hide

HideComplaints

CreatedCreated AgencyAgency TypeType DescriptorDescriptor DispositionDisposition ClosedClosed

5/28/2015 DEP Hazardousmaterials

Unsafechemical,abandoned(HC2)

The Department of Environmental Protectioninvestigated this complaint and referred it to theDepartment of Sanitation for further action.

5/28/2015

1/28/2014 DEP Noise Noise,barkingdog (NR5)

The Department of Environmental Protectiondetermined that an inspection is not warranted toinvestigate this complaint at this time and sent aletter to the complainant and/or respondent.

1/29/2014

9/20/2013 NYPD Noise -residential

Loudmusic/party

The Police Department responded to the complaintand with the information available observed noevidence of the violation at that time.

9/20/2013

7/25/2013 NYPD Noise -commercial

Loudmusic/party

The Police Department responded to the complaintand took action to fix the condition.

7/26/2013

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HideDOB Complaints

DateDateenteredentered

ComplaintComplaint Complaint categoryComplaint category InspectionInspectiondatedate

DispositionDisposition

5/14/2007 1193688 Debris/building - falling or in dangerof falling

5/15/2007 ECB violations served

6/22/2006 1168901 Egress - locked/blocked/improper/nosecondary means

6/22/2006 No violation warranted for complaint attime of inspection

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DateDateenteredentered

ComplaintComplaint Complaint categoryComplaint category InspectionInspectiondatedate

DispositionDisposition

6/21/2006 1168832 Failure to maintain 6/21/2006 No violation warranted for complaint attime of inspection

Complaint status can be verified here.

HideECB Violations

There are eleven city agencies that administer the City's quality-of-life laws and issue Notices of Violation (NOVs) for allegedviolations. The ECB is a separate and independent agency that hears challenges to those NOVs. The agencies that issue themost violations for real estate are:

Department of Buildings (DOB)Department of Environmental Protection (DEP)Fire Department (FDNY)Landmarks Preservation Commission (LPC)Department of Sanitation (DSNY)

Violation IDViolation ID Issue dateIssue date TypeType Served dateServed date SeveritySeverity Link toLink toviolationviolation

34579633R 5/15/2007 Construction 5/15/2007 Non-hazardous Failure to maintain exterior bldg wall- hazardous. Conditions observed1 exposure wall has crack at corner from base of adjroof to top of bldg,wall tipping toward st,2 exposure partial collapse of chimney forth

For more information about the ECB and the types of violations, click here.

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I. Neighborhood Hide

HideDistance to Schools

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Elementary School Middle School High School

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Elementary School Proximity

This map shows zoned Elementary School and other public andprivate schools available in the area, with exact distances fromthe subject property to the school of interest.

School district 2

Attendance Elementary School(s)

SchoolSchool School codeSchool code Distance (miles)Distance (miles) PrincipalPrincipal Phone numberPhone number Quality scoreQuality score

P.S. 33 - M 02M033 0.165 Chingchien Wang (212) 244-6426 Good

Nearest Public Elementary School (not zoned)School P.S. 212 - MSchool code 20M212Distance (miles) 1.068Principal Kathleen LouaPhone number (212) 247-0223

Nearest Private Elementary SchoolSchool Avenues New York LLCDistance (miles) 0.065Principal Lauren BedellPhone number (212) 935-5000

Find more info at NYC Department of Education

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On this color-coded map, view the nearest subway station for each building.

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Distance to Subway Bus Routes

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Closest station Hudson Blvd East between33rd St & 34th St (south

entrance)Station lines 7Distance (miles) 0.333

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Year built: 1920 (estimated)

On this color-coded map, view the year each property was built.

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Year Built Building Stories

HideDemographics By Zip CodeI4

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Demographic data shown in this section was gathered from the 2014 American Community Survey and refers to zip code 10001.

Population DemographicsTotal population 22,767Female population 50.1%Male population 49.9%Median age 34.4Male median age 36.4Female median age 31.7

EducationNo highschool 4.1%Some highschool orcollege

31.3%

Bachelors degree 36.3%

OtherCitizens 84.5%Citizens born in US 68.6%English speakers 95.7%

Journey to WorkWork in a metropolitanarea

99.2%

Work in a micropolitanarea

0.1%

Work at home 7.8%Go to work by car 4.7%Go to work after 10 am 15.6%

Economic/EmploymentAverage householdincome

$151,316

White collar 96.2%Blue collar 3.8%

HousingFamily households 30.0%Households with kids 11.6%Housing units 12,638Occupied housing units 11,169Owner occupied units 27.4%Average number ofpeople per household

1.93

Median year structurebuilt

1962

Houses with mortgages 47.1%

WealthMedian value for unitswith a mortgage

$913,900

Median value for unitswithout a mortgage

$271,600

Median gross rent $1,865Median housing costsper month

$1,800

Population in poverty 19.2%

J. Hazards & Environment Hide

HideToxic Sites

Get a Phase I environmental report Site Assessment or a Home Environmental Database Report for this property directly fromToxics Targeting.

This screening map, provided to PropertyShark by Toxics Targeting, shows environmental hazards such as toxic dumps,garbage landfills, leaking tanks, hazardous waste sites, and pollution discharges reported by local, state and federalgovernment authorities.

Call 800-2-TOXICS (800-286-9427 NYS only) or 607-273-3391 for more info.

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Toxic Sites on the Property

Selected NYCenvironmental qualityreview 'E' designation

1

Total toxic sites on theproperty

1

Toxic Sites near the Property

Selected NYCenvironmental qualityreview 'E' designation

1

Haz waste generator ortransporter

7

Total neighboring toxicsites

8

Map Disclaimer: Mapped locations are approximate; sites are identified based on current and/or historic information.Regulatory status of sites may have changed. Site symbols can refer to large properties, additional toxic sites are not mapped.Contamination problems can impact properties far from toxic sources. Sites include known and potential hazards.

HideEnvironmental Hazards

Use this map to determine if the property is in a flood zone.

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FEMA Flood Zones Hurricane Evacuation Zones

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Disclaimer

Copyright 2003-2018 by PropertyShark.com

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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FEMA Flood Zoning

FEMA flood zone(s) 0.2Coastal barrierresources system area(COBRA)

Out

Floodway OutFEMA special floodhazard area

Out

Map panel ID 3604970069GMap quaderant ID 40074-G1

Distance to...

Nearest distance tocoastline (miles)

0.319

Compass direction tocoastline

165

Nearest distance to100 year flood zonearea (ft)

4

Angle100 200

Link to the map for this property at FEMA's Map Service Center (may not be available in all locations).