# 397 Washington Street, Manhattan

Co-op · 5 units · built c. 1896 · Block 217, Lot 10.

On Umarelli: https://umarelli.org/nyc/1002170010/397-washington-street

More construction in Tribeca: https://umarelli.org/nyc/manhattan/tribeca.md

Every lot on block 217: https://umarelli.org/nyc/manhattan/217.md

## 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.

## 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.

## 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).

## 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

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