# 131 Watts Street, Manhattan

Condominium · 4 units · built c. 1900 · Block 224, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1002247501/131-watts-street

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

Every lot on block 224: https://umarelli.org/nyc/manhattan/224.md

## Building permits

- Alteration, filed Mar 9, 2026, estimated cost $9K, 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 Aug 25, 2025, 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 Aug 25, 2025, estimated cost $9K, 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 Aug 3, 2025, estimated cost $150K, described as “Exterior facade repairs and waterproofing”
- Alteration, filed Sep 27, 2023, estimated cost $5K, described as “Job being filed to show the location of existing sprinkler heads and sprinkler piping, sprinkler system. Everything is existing. No work under this application”
- Alteration, filed Aug 28, 2023, estimated cost $95K, described as “Exterior facade restoration and waterproofing. No change in use, egress or occupancy”
- Alteration, filed Jun 16, 2021, estimated cost $33K, described as “Sidewalk cafe construction and moderate apartment renovation”
- Alteration, filed Jun 16, 2021, estimated cost $27K, described as “Plumbing modifications to include first floor Cafe and fifth floor apartment renovation”
- Alteration, filed Feb 22, 2021, estimated cost $35K, described as “Structural work associated with interior renovation of apartment. No change is use, egress or occupancy”
- Alteration, filed Jan 12, 2021, estimated cost $25K, described as “Installation of sprinkler system during interior renovation. No change in use, egress or occupancy”
- Alteration, filed Jan 12, 2021, estimated cost $25K, described as “Interior renovation of apartment and mezzanine. installation of new plumbing fixture. Replacing and Relocating existing fixtures. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $2,875,951
- 2026–27 tax: $150,923
- Market value (city estimate): $6,391,000
- Taxable value: $1,241,765
- Assessed land: $112,501
- Assessed improvements: $2,763,450
- Condo units with their own tax lots: 6

## Zoning

C6-2A: floor area ratio 5.39 built, 6.02 allowed by base zoning.

## Recent sales

- May 11, 2017: $2,200,000, Apt R-3
- May 18, 2016: $4,050,000, Apt R-4

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). 24 Landmarks Preservation Commission permits are on file.

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