# 143 Franklin Street, Manhattan

Commercial · built c. 1898 · Block 179, Lot 63.

On Umarelli: https://umarelli.org/nyc/1001790063/143-franklin-street

More construction in Tribeca: https://umarelli.org/nyc/manhattan/tribeca.md

## Building permits

- Alteration, filed Jun 29, 2026, estimated cost $3K, described as “Installation of a 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 Jun 16, 2026, estimated cost $200K, described as “Means & Methods Sequencing for Partial Demo and Support for hoist openings from 1-6 floors to comply with hoist readiness. Demo sequencing filed/approved under M01215637-S5 & M01349077-S6. Other Related Job #'s.M01215637-I1 &-S1,-S3,S4,…”
- Major Renovation — Conversion, filed Mar 24, 2026, estimated cost $6.7M, 5 units added, 6 stories, described as “HUB Consultation 2/26/25. Conversion of warehouse to residential apartments w/1fl retail space. New elevator, window replacements & skylight over rear courtyard. Partial removal & reconstruction of floors 2-6 and roof addition. Relocate…”
- Alteration, filed Nov 14, 2025, estimated cost $400K, described as “HUB Cons 2/26/25. Application filed to install convenience stairs & elevator & replace portions of floor. 50 percent of existing zoning floor area to be maintained. Per PDA00010976 application to be reviewed by construction safety plan…”
- Alteration, filed Apr 23, 2025, described as “Installation of temporary mock up system scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 27, 2025, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $2,051,100
- 2026–27 tax: $212,008
- Market value (city estimate): $4,558,000
- Taxable value: $1,954,350
- Assessed land: $390,600
- Assessed improvements: $1,660,500

## Zoning

C6-2A: floor area ratio 5.73 built, 6.02 allowed by base zoning.

## Recent sales

- Dec 31, 2024: $35,629,875

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

## 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.

## Landmarks

Part of Tribeca West Historic District (Historic District). 18 Landmarks Preservation Commission permits are on file.

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