387 Canal Street, Manhattan

Commercial · built c. 1920 · Block 227, Lot 4.

Building permits

No building permits on file for this lot.

Property taxes

Assessment
$562,950
2026–27 tax
$57,144
Market value (city estimate)
$1,251,000
Taxable value
$526,770
Assessed land
$108,450
Assessed improvements
$454,500

Zoning

M1-5/R10: floor area ratio 0.98 built, 10.00 allowed by base zoning.

Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29).

Board and land use applications

More construction in SoHo

Every lot on block 227

Umarelli: construction in New York City and Jersey City