77 Water Street, Manhattan
Commercial · built 1969 · Block 33, Lot 1.
Building permits
- Alteration, filed Oct 5, 2026, estimated cost $20K, described as “This application is filed for a temporary use permit for a sales office including model apartments pursuant to section AC 28-111 and BB 2010-002.”
- Alteration, filed Aug 7, 2026, estimated cost $3K, described as “Temporary installation & use of a platform as per plan herewith. No change in egress,use and occupancy.”
- Alteration, filed May 29, 2026, described as “Installation of outrigger for facade repair & inspection.”
- Alteration, filed Feb 26, 2026, estimated cost $10K, described as “Mini crane crane placement. This application involves no change in use occupancy or egress.”
- Alteration, filed Dec 2, 2025, estimated cost $2K, described as “Mechanical equipment use plan as shown on the drawings. Machine to be used for handling debris only, no demolition allowed. Filed in conjunction with applications M01210787-I1 and M01176128-I1.”
- Alteration, filed Nov 10, 2025, estimated cost $20K, described as “Interior non-structural demolition and Storefront replacement at the ground floor as shown.”
- Alteration, filed Oct 6, 2025, estimated cost $1K, described as “Sprinkler and standpipe work as shown on the plans.”
- Alteration, filed Sep 17, 2025, estimated cost $10K, described as “Installation on non-structural partitions as shown.”
- Alteration, filed Sep 17, 2025, estimated cost $10K, described as “General construction as shown on the plans.”
- Alteration, filed Aug 18, 2025, estimated cost $10K, described as “General construction as shown on the plans.”
- Alteration, filed Aug 5, 2025, described as “Amend to add new platform system at 22nd construction (existing) floor, sections and anchor details”
- Alteration, filed Apr 29, 2025, estimated cost $3.4M, described as “Structural work as shown on the plans.”
- Major Renovation — Conversion, filed Feb 21, 2025, estimated cost $65.0M, 647 units added, 33 stories, described as “MPP Project # 000000370 approved by project advocate Roceli Zimmerman. Alt-CO being filed for the conversion of a commercial building to a residential use per Article 1 Chapter 5.”
- Alteration, filed Feb 19, 2025, estimated cost $20K, described as “Equipment use cars# a&b: dual #7000 # capacity personnel/material hoists during bldg alt, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this appl. Elevator appl. Submitted separately.”
- Alteration, filed Feb 19, 2025, estimated cost $20K, described as “Equipment use cars# c&d: dual #7000 # capacity personnel/material hoists during bldg alt, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this appl. Elevator appl. Submitted separately.”
- Alteration, filed Feb 19, 2025, estimated cost $2.0M, described as “Structural work as shown on the plans.”
- Alteration, filed Feb 19, 2025, estimated cost $3K, described as “Temporary hoist run-back structure during bldg alt, filed separately. Hoist run-back structure shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application. Hoist & elevator…”
- Alteration, filed Feb 10, 2025, estimated cost $2.2M, described as “Window replacement work on floors 2-12 as shown on plans.”
- Alteration, filed Jan 29, 2025, estimated cost $200K, described as “Facade work as shown on the plans.”
- Alteration, filed Jan 23, 2025, estimated cost $166K, described as “Demolition as shown on the plans. Work to also include temporary closure of POPS area.”
- Alteration, filed Dec 13, 2024, estimated cost $1K, described as “Heavy duty sidewalk shed during building conversion/enlargement filed separately under application # M01157498. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Dec 4, 2024, estimated cost $4K, described as “Construction fence as per drawings. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Dot permits by others for fence installed on sidewalk/roadway.”
- Alteration, filed Jan 31, 2024, estimated cost $150K, described as “Removal of existing abandoned escalator on ground floor and infill of building penetration at escalator removal.”
- No Work, filed Jan 24, 2024
- Alteration, filed Dec 6, 2023, estimated cost $1.5M, described as “Remove and construct interior partitions, ceilings, doors & floors.”
25 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $66,616,200
- 2026–27 tax
- $6,847,408
- Market value (city estimate)
- $148,036,000
- Taxable value
- $63,121,390
- Assessed land
- $14,220,000
- Assessed improvements
- $52,396,200
Zoning
C6-9: floor area ratio 21.01 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29).
Recent sales
- Dec 4, 2024: $11,100,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 77 Water Street POPS (City Planning 2025M0344): Certification, Completed, filed Feb 13, 2026, decided Jul 24, 2026. A Chair certification pursuant to ZR 37-625 to facilitate design changes to an existing POPS plaza is being sought by a private applicant at 77 Water Street in the Financial District, Community District 1, Manhattan.
- 77 Water Street POPS Design Certification (City Planning 2021M0169): Completed, filed Sep 10, 2021. This is a private application by MTS Realty Corporation seeking a pair of Chair Certifications pursuant to ZR 37-625 for a POPS design change and ZR 37-73 for a kiosk located at 77 Water Street in Community District 1, Manhattan.
- Water Street POPS Upgrades Text Amendment (City Planning P2014M0256): Completed, decided Jun 27, 2016. Zoning text amendment to the Special Lower Manhattan District and related sections to allow the infill of arcades for retail use and upgrades to existing plazas.
- LOWER MANHATTAN ARCADES TEXT (City Planning P2011M0115): Completed, decided May 16, 2011. 11DCP075M: TEXT AMENDMENT TO ALLOW MOVEABLE TABLES AND CHAIRS IN ARCADE S NEARBY TO WATER STREET
In the news
Housing Lottery Launches for 1 Gouverneur Lane in Manhattan’s Financial District, New York YIMBY, Oct 23, 2026.