277 Canal Street, Manhattan
Commercial · built c. 1928 · Block 209, Lot 1.
Building permits
- New Building — Mid-Rise, filed Feb 9, 2023, 100 units, 13 stories, described as “Construct new Thirteen (13) story mixed use building as per plans filed herewith.”
- Alteration, filed Sep 27, 2023, estimated cost $10K, described as “Installation of 300 psf sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Aug 10, 2021, estimated cost $66K, described as “Bank of America interior and exterior lighting upgrades. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $7,267,950
- 2026–27 tax
- $724,556
- Market value (city estimate)
- $16,151,000
- Taxable value
- $6,679,170
- Assessed land
- $742,500
- Assessed improvements
- $6,525,450
Zoning
M1-5/R9X: floor area ratio 3.00 built, 9.00 allowed by base zoning.
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 SoHo-Cast Iron Historic District Extension (Historic District). 20 Landmarks Preservation Commission permits are on file.
Board and land use applications
- Change to an earlier grant (Board of Standards and Appeals 25-09-BZII): Change to an earlier grant, Granted, filed Apr 15, 2019, decided Feb 22, 2021. Extension of Term of a previously approved Special Permit (§73-36) which permit the operation of a physical culture establishment on the third floor of a three-story commercial building which expired on November 23, 2018; Amendment to…
- Variance or special permit (Board of Standards and Appeals 25-09-BZ): Variance or special permit, Granted, filed Feb 13, 2009, decided Jun 23, 2009. Special Permit (§73-36) to allow the legalization of an existing physical culture establishment on the third floor of a three-story commercial building. The proposal is contrary to ZR §42-10. M1-5B district.
- Variance or special permit (Board of Standards and Appeals 185-03-BZ): Variance or special permit, Granted, filed Jun 4, 2003, decided Sep 16, 2003. Variance (§72-21) to permit, in an M1 5B zoning district, the proposed change of use of a portion of the first floor and cellar of an existing three story with cellar commercial building, to retail use, which is contrary to Z.R. §42 14…
- SoHo/NoHo (City Planning 2018M0375): Zoning map change, Zoning text change, Completed, decided Aug 25, 2022. SoHo/NoHo Neighborhood Plan seeks to strengthen SoHo and NoHo as mixed-use neighborhoods and promote equity. The proposal will expand housing opportunities for New Yorkers, reduce burdens for residents and businesses, and support continued…
In the news
LPC To Review Revised Plans For 21-Story Tower at 277 Canal Street In Soho, Manhattan, New York YIMBY, Jul 26, 2026.