359 Canal Street, Manhattan
Four-family with store · built c. 1855 · Block 228, Lot 2.
Building permits
- Alteration, filed Nov 7, 2025, estimated cost $20K, described as “Installation of 300 psf sidewalk shed and pipe scaffold as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Sep 21, 2020, estimated cost $12K, described as “New heating and cooling split system for second and fourth floor loft apartments”
- Alteration, filed Sep 21, 2020, estimated cost $10K, described as “New Gas fired heaters for the third and fifth floor loft apartments.”
- Alteration, filed Sep 14, 2020, estimated cost $5K, described as “Installation of sidewalk shed as per plans. Sidewalk shed live load will be 300 psf, shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”
- Alteration, filed Sep 14, 2020, estimated cost $5K, described as “Installation of pipe scaffold as per plans. Pipe scaffold shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”
Property taxes
- Assessment
- $2,926,350
- 2026–27 tax
- $111,996
- Market value (city estimate)
- $6,503,000
- Taxable value
- $900,361
- Assessed land
- $855,000
- Assessed improvements
- $2,071,350
Zoning
M1-5/R9X: floor area ratio 4.51 built, 9.00 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). FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Landmarks
Part of SoHo-Cast Iron Historic District (Historic District). 15 Landmarks Preservation Commission permits are on file.
Board and land use applications
- SoHo/NoHo (City Planning 2018M0375): Zoning map change, Zoning text change, Completed, decided Aug 25, 2022. SoHo/NoHo Neighborhood Plan seeks to strengthen SoHo and NoHo as mixed-use neighborhoods and promote equity. The proposal will expand housing opportunities for New Yorkers, reduce burdens for residents and businesses, and support continued…
- 357, 359, 361 Canal Street (New) (City Planning P2016M0146): Completed, decided Jun 27, 2017. Three special permits under ZR Section 74-781 to allow ground floor retail in an M1-5B district.