# 358 Broadway, Manhattan

Vacant land · Block 171, Lot 5.

On Umarelli: https://umarelli.org/nyc/1001710005/59-franklin-street

More construction in Chinatown: https://umarelli.org/nyc/manhattan/chinatown.md

## Building permits

- New Building — Mid-Rise, filed Jul 3, 2025, 77 units, 19 stories, described as “Proposed nineteen (19) story mixed use building.”
- Alteration, filed Jul 28, 2026, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed May 20, 2026, estimated cost $18K, described as “Knuckleboom placement. This application involves no change in use, occupancy or egress.”
- Alteration, filed Jan 15, 2026, described as “Filing for installation of engineered enclosure system”
- Alteration, filed Sep 29, 2025, described as “Filling for construction fence”
- Alteration, filed Aug 22, 2023, estimated cost $10K, described as “Convert existing elevator shaft into debris chute to assist with debris removal, mechanical equipment use during demo”
- Alteration, filed Aug 17, 2023, estimated cost $10K, described as “Install 8' high plywood construction fence at 358 broadway & 59 franklin st”
- Alteration, filed May 15, 2023, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 11, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 10, 2022, estimated cost $72K, described as “Interior demolition of non-load bearing partitions, ceilings, floors, finishes, fixtures as per plans filed herewith. No change to use, egress or occupancy under this application.”
- Alteration, filed Dec 16, 2021, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 9, 2021, estimated cost $130K, described as “Shoring and bracing of existing residential/commercial building in addition to showing and bracing installed per previous filed structural application number M00471211. No change to use, egress or occupancy.”
- Alteration, filed Feb 24, 2021, estimated cost $300K, described as “Stabilization work- Structural repair and shoring work as per plans filed herewith. No change in occupancy, use or egress.”
- Alteration, filed Jan 12, 2021, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 13, 2020, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 27, 2020, estimated cost $1K, described as “Installation of temporary standpipe with air pressurization alarm, for temporary use during construction operations. No change in occupancy, use or egress. Filed in conjunction with new building #121188678”
- Alteration, filed Aug 20, 2019, estimated cost $10K, described as “Installation of sidewalk shed and pipe scaffold as per plans. Sidewalk shed live load 300 psf, all equipment shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy under this application.”
- Alteration, filed Oct 30, 2018, estimated cost $2K, described as “Installation of construction fence to protect site during demolition.”

## Property taxes

- Assessment: $1,019,250
- 2026–27 tax: $78,369
- Market value (city estimate): $2,265,000
- Taxable value: $722,430
- Assessed land: $1,019,250

## Zoning

C6-4A: floor area ratio 0.00 built, 10.00 allowed by base zoning.

## Recent sales

- Sep 9, 2025: $47,517,565

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 65 Franklin - Landmark TDR + Authorization (City Planning 2025M0449): Certification, Authorization, Completed, filed Dec 23, 2025, decided Jun 12, 2026. A certification pursuant to ZR 75-422 and an authorization pursuant to ZR 75-24 are being sought by a private applicant to facilitate a new, approximately 235,893-SF mixed-use development at 65 Franklin Street in Tribeca, Community…
- CITY HALL SENIOR CENTER (City Planning P1990M0422): Completed, decided Apr 27, 1990. NEGOTIATED LEASE FOR 1ST FLOOR OF 6-STORY OFFICE BLDG TO\*PROVIDE SERVICES FOR APPROX 375 SENIOR CITIZENS

## In the news

[Permits filed for 59 Franklin Street in Tribeca, Manhattan](https://newyorkyimby.com/2025/07/permits-filed-for-59-franklin-street-in-tribeca-manhattan.html), New York YIMBY, Jul 9, 2025.

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