# 16 Beaver Street, Manhattan

Commercial · built c. 1900 · Block 11, Lot 7.

On Umarelli: https://umarelli.org/nyc/1000110007/16-beaver-street

More construction in Financial District: https://umarelli.org/nyc/manhattan/financial-district.md

## 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.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology