# 431 Canal Street, Manhattan

Commercial · built c. 1930 · Block 226, Lot 1.

On Umarelli: https://umarelli.org/nyc/1002260001/431-canal-street

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

Every lot on block 226: https://umarelli.org/nyc/manhattan/226.md

## Building permits

- Alteration, filed Nov 10, 2026, estimated cost $28K, described as “Installation of 2 ac units per plans”
- Alteration, filed Jun 24, 2026, estimated cost $404K, described as “Whitebox modifications to existiong office space as per plans”
- Alteration, filed Jun 24, 2026, estimated cost $28K, described as “Minor mechanical work as per plans”
- Alteration, filed Jun 24, 2026, estimated cost $31K, described as “Minor plumbing, sprinkler and standpipe work as per plans”
- Alteration, filed Jun 1, 2026, estimated cost $12K, described as “Installation of ventilation system and louvers for commercial space”
- No Work, filed May 27, 2026, described as “Employee event”
- Alteration, filed Mar 28, 2026, estimated cost $25K, described as “Minor standpipe work as per plans”
- Alteration, filed Mar 28, 2026, estimated cost $650K, described as “Mechanical work as per plans”
- Alteration, filed Mar 28, 2026, estimated cost $160K, described as “Plumbing and sprinkler work as per plans”
- Alteration, filed Mar 27, 2026, estimated cost $1.1M, described as “Interior buildout of office space as per plans”
- Alteration, filed Feb 13, 2026, estimated cost $16K, described as “Local Law 11 Emergency Repairs as per plans.”
- No Work, filed Jan 12, 2026, described as “Employee lunch and learn”
- No Work, filed Sep 2, 2025, described as “Lecture and Networking event with light refreshments, to be held on vacant 7th floor. Bathroom facilities and exits/FG'S as per plans”
- No Work, filed Aug 1, 2025
- Alteration, filed Jul 21, 2025, estimated cost $9K, described as “Local Law 11 Emergency Repairs as per plans.”
- No Work, filed May 27, 2025, described as “Employee lunch & learn”
- No Work, filed Apr 23, 2025, described as “Tech Week 2025 - Notion x Clay”
- No Work, filed Apr 16, 2025, described as “Art fair exhibit to retail art work on the 10th floor with ticketed entry.”
- Alteration, filed Mar 31, 2025, described as “Inspection using industrial rope access techniques and methods. See attached plans designated primary site supervisor: Brian Barco”
- Alteration, filed Mar 28, 2025, described as “Cell site equipment inspection via industrial rope access. Floors 001-013”
- Alteration, filed Mar 4, 2025, estimated cost $745K, described as “Interior tenant improvements, new accessory stairs and new tenant elevator as per plans.”
- Alteration, filed Jan 21, 2025, estimated cost $125K, described as “Renovations of interior space and converting space into gym with new elevator and stair AS PER PLANS”
- Alteration, filed Jan 21, 2025, estimated cost $31K, described as “Plumbing & sprinkler work (stair/elevator) as per plans”
- Alteration, filed Jan 18, 2025, estimated cost $30K, described as “Mechanical work as per plans”
- Alteration, filed Jan 17, 2025, estimated cost $40K, described as “Interior removal of floor slab and new elevatoor machine room only to gym including non load bearing partitions as per plans.”

107 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1002260001/431-canal-street.

## Property taxes

- Assessment: $140,476,500
- 2026–27 tax: $14,865,790
- Market value (city estimate): $312,170,000
- Taxable value: $137,037,145
- Assessed land: $7,843,950
- Assessed improvements: $132,632,550

## Zoning

M1-6: floor area ratio 15.98 built, above the 10.00 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).

## Landmarks

Part of Holland Plaza Building (Individual Landmark). 50 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- Holland Plaza - LPC Designation (City Planning P2014M0184): Landmark designation, Completed, decided Dec 2, 2013. The Landmarks Preservation Commission is requesting a report from the City Planning Commission on Holland Plaza
- HUDSON SQUARE SPECIAL DISTRICT (City Planning P2012M0255): Completed, decided Mar 26, 2013. Zoning text and map amendments to establish the Special Hudson Square District.

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