# 277 Canal Street, Manhattan

Commercial · built c. 1928 · Block 209, Lot 1.

On Umarelli: https://umarelli.org/nyc/1002090001/277-canal-street

More construction in SoHo: https://umarelli.org/nyc/manhattan/soho.md

## 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](https://newyorkyimby.com/2026/07/lpc-to-review-revised-plans-for-21-story-tower-at-277-canal-street-in-soho-manhattan.html), New York YIMBY, Jul 26, 2026.

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