54 Bowery, Manhattan
Commercial · built c. 1924 · Block 202, Lot 18.
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Building permits
- Alteration, filed Nov 3, 2026, estimated cost $45K, described as “Replacement boiler and gas burner. Refiling of application no. M00342935-I1.”
- No Work, filed Oct 6, 2026, described as “A2 annual gala dinner”
- Alteration, filed Sep 1, 2026, estimated cost $73K, described as “Temporary art build out.”
- No Work, filed Feb 3, 2026, described as “Lunar New Year pop up gallery event (A3) with opening party (A2) featuring music and catering”
- Alteration, filed Dec 17, 2025, estimated cost $118K, described as “Updates to 2ND floor bank per plans filed herewith. Includes minor updates to non bearing partition walls, updated finishes, furniture and fixtures.”
- Alteration, filed Dec 17, 2025, estimated cost $59K, described as “Mechanical updates to existing bank per plans filed herewith. No change in occupancy, egress or exiting.”
- Alteration, filed Dec 17, 2025, estimated cost $59K, described as “Plumbing updates to 2ND floor as per plans filed herewith.”
- Alteration, filed Sep 8, 2025, estimated cost $7K, described as “Temporary and portable structures for a fashion show in the existing bank hall. Structures removed at the end of the programing. No changes to existing structures, use or egress.”
- No Work, filed Sep 8, 2025, described as “Fashion show for Alexander Wang.”
- Alteration, filed Aug 1, 2025, estimated cost $19K, described as “Minor interior removal of non-structural partitions, furniture, and select finishes. No changes to exterior of building or structural modifications. Includes work at floor 001 only. No scope at 2ND floor and basement”
- Alteration, filed Mar 6, 2023, estimated cost $18K, described as “Erect illuminated accessory business wall sign; copy reading "hsbc with asian characters"; replacing existing wall sign filed under bis #120914868”
- Alteration, filed May 27, 2022, estimated cost $20K, described as “Installation of new ductwork & fire dampers and 1 TON AC Unit as indicated on plans.”
- Alteration, filed May 24, 2022, estimated cost $10K, described as “Installation of 1 New Electric Hot Water Heater, 2 New Water Closets, 1 LAV, 1 Drinking Fountain and 1 Service Sink as indicated on plans.”
- Alteration, filed May 13, 2022, estimated cost $125K, described as “Interior renovations as indicated on plans”
- Alteration, filed Dec 29, 2021, estimated cost $5K, 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 Dec 28, 2021, estimated cost $5K, 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.”
- Alteration, filed Sep 8, 2021, estimated cost $4K, described as “Install fire dampers as per plans.”
- Alteration, filed Sep 1, 2021, estimated cost $62K, described as “Scope (a) roof at (1) story setback of exg' building: replacement of roofing topping, without disturbing existing roof slab, and deck/sheathing.”
- Alteration, filed Mar 12, 2021, estimated cost $30K, described as “Application is for direct replacement of existing HVAC units at basement, second floor & roof, with new units at same location. Existing ductwork, supports, controls & accessories to remain. No change to use, egress or occupancy of…”
Property taxes
- Assessment
- $2,378,700
- 2026–27 tax
- $234,030
- Assessed land
- $778,500
- Assessed improvements
- $1,600,200
Zoning
C6-1G: floor area ratio 2.00 built, 6.00 allowed by base zoning.
Recent sales
- Jul 24, 2025: $9,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Citizens Savings Bank (Individual Landmark). 15 Landmarks Preservation Commission permits are on file.
Board and land use applications
- CITIZENS SAVINGS BANK (City Planning P2012M0020): Completed, decided Nov 8, 2011. LANDMARK SITE & LP-2466