# 268 Canal Street, Manhattan

Commercial · built c. 1887 · Block 196, Lot 13.

On Umarelli: https://umarelli.org/nyc/1001960013/268-canal-street

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

Every lot on block 196: https://umarelli.org/nyc/manhattan/196.md

## 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.

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