16 Beaver Street, Manhattan
Commercial · built c. 1900 · Block 11, Lot 7.
Building permits
- Major Renovation — Conversion, filed Feb 19, 2026, estimated cost $6.2M, 50 units added, 12 stories, described as “Mpp project # 611 conversion to residential and 6 story vertical enlargement to existing 6 story and cellar commercial building. Total 12 story and cellar mixed use building”
- Alteration, filed Dec 13, 2021, estimated cost $10K, described as “General construction to renovate the 4TH & 5TH fl office space to resolve violation #35510618J. Work will include demo of non-load-bearing partitions, new partitions & finishes, & plumbing fixtures. No change in use, egress, or occupancy…”
- Alteration, filed Dec 9, 2021, estimated cost $70K, described as “General construction to renovate the 3RD floor office space. Work will include new partitions & finishes, and new plumbing fixtures. No change in use, egress, or occupancy under this filing.”
Property taxes
- Assessment
- $1,683,900
- 2026–27 tax
- $160,075
- Market value (city estimate)
- $3,742,000
- Taxable value
- $1,475,620
- Assessed land
- $517,500
- Assessed improvements
- $1,166,400
Zoning
C5-5: floor area ratio 6.00 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.