NYC property data › Manhattan › Chelsea & Hell's Kitchen › 523 8 Avenue

523 8 Avenue

Chelsea & Hell's Kitchen, Manhattan · Commercial & office · BBL 1007600039

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320Units
28Floors
98,674Building sq ft
7,454Lot sq ft
2017Year built
M1-9A/R12Zoning
13.24 of 15.00Built FAR
2016Last sale
22DOB permits
0Open violations

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Sales history

RecordedDocumentAmount
2016-05-19Deednot recorded
1996-08-08Deednot recorded
1996-07-24Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2026-06-04Initial PermitSuspended Scaffold
2025-11-06Initial PermitSuspended Scaffold
2025-02-26Initial PermitSign
2025-02-21Initial PermitSign
2023-01-31Initial PermitMechanical Systems

Source: DOB NOW approved permits, which covers 2017 onward. 22 permits on file for this lot.

Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Refi radar

The most recent mortgage recorded against this parcel was $3.5M from OCEANVIEW LIFE AND ANNUITY COMPANY in September 2025. On a typical 2-year term that is 11 months to estimated maturity.

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Estimated maturity. ACRIS publishes recording dates, not maturity dates — these are the recorded date plus a typical term for the asset and lender type, not the borrower’s actual loan terms. Crezly is not a loan broker, does not negotiate terms, and is not paid on closing.

Who finances deals like this

The lenders with the most recorded hospitality mortgages in Manhattan since 2021, from public ACRIS filings.

  1. Hilton Resorts Corporation — 1,590 loans, typically $17K–$30K
  2. Bmo Bank N.a. — 13 loans, typically $3.11M–$20M
  3. German American Capital Corporation — 4 loans, typically $9.98M–$35.17M
  4. Barings LLC — 3 loans, typically $10.47M–$183.82M
  5. Mcb Wf Jv 1 LP — 3 loans, typically $324K–$6.74M
Match this deal to 80 lenders

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Other lots on this block

Recent sales in Chelsea & Hell's Kitchen

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Development & air rights

88% Utilization — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.

Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 1007600039 · data refreshed 2026-10-24