# 115 Watts Street, Manhattan

Commercial · built 1940 · Block 225, Lot 6.

On Umarelli: https://umarelli.org/nyc/1002250006/115-watts-street

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

Every lot on block 225: https://umarelli.org/nyc/manhattan/225.md

## Building permits

- Alteration, filed Mar 18, 2022
- Alteration, filed May 13, 2021, estimated cost $5K, described as “Erect wall sign structure for existing non conforming advertising sign permitted under BIS # 120482487. No change of use, egress or occupancy.”

## Property taxes

- Assessment: $3,180,600
- Market value (city estimate): $7,068,000
- Taxable value: $0
- Assessed land: $407,700
- Assessed improvements: $2,772,900

## Tax breaks

- IDA PILOT, with no end date.

## Zoning

C6-2A: floor area ratio 2.74 built, 6.02 allowed by base zoning.

## 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).

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