397 Washington Street, Manhattan
Co-op · 5 units · built c. 1896 · Block 217, Lot 10.
Building permits
- Alteration, filed Jul 15, 2022, estimated cost $10K, described as “Modification of existing HVAC system”
- Alteration, filed Jul 15, 2022, estimated cost $27K, described as “Modification of existing plumbing layout. Modification of existing sprinkler heads”
- Alteration, filed Jan 28, 2022, estimated cost $168K, described as “Interior renovation of full floor apartment on 3RD flooor.”
- Alteration, filed Apr 30, 2019, 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 Apr 30, 2019, 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.”
Property taxes
- Assessment
- $5,934,150
- 2026–27 tax
- $115,751
- Market value (city estimate)
- $13,187,000
- Taxable value
- $1,090,185
- Assessed land
- $1,597,500
- Assessed improvements
- $4,336,650
Tax breaks
- Co-op and condo abatement, with no end date, a $19,857 credit this tax year.
Zoning
C6-2A: floor area ratio 9.84 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Recent sales
- Jun 30, 2021: $3,500,000
- Nov 10, 2017: $405,679
- Dec 1, 2016: $3,595,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Tribeca North Historic District (Historic District). 16 Landmarks Preservation Commission permits are on file.
Board and land use applications
- 28 HUBERT ST A/K/A 397 WASHINGTON ST (City Planning P1992M0093): Completed, decided Jan 10, 1992. CERT TO PERMIT THE 1ST FLOOR TO BE USED FOR RESIDENTIAL AND/*OR USE GROUP 6 IN THE LMM B2 DIST