268 Canal Street, Manhattan
Commercial · built c. 1887 · Block 196, Lot 13.
Building permits
- Alteration, filed Nov 12, 2026, estimated cost $28K, described as “Remove and disconnect existing indoor ac units and exterior ac units on the 1ST floor and cellar. Install new ac unit. No change in use, egress and occupancy.”
- Alteration, filed Nov 2, 2026, estimated cost $52K, described as “Removal and installation of non load-bearing partitions, suspended ceiling, doors, fixtures and finishes.”
- Alteration, filed Feb 5, 2023, estimated cost $8K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Feb 5, 2023, estimated cost $15K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $2,523,150
- Market value (city estimate)
- $5,607,000
- Taxable value
- $0
- Assessed land
- $796,500
- Assessed improvements
- $1,726,650
Tax breaks
- Nonprofit exemption (health center), with no end date, about $273,711 a year below the full tax.
Zoning
M1-5: floor area ratio 5.99 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.
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 East Historic District (Historic District). 19 Landmarks Preservation Commission permits are on file.