371 Canal Street, Manhattan
Commercial · built c. 1915 · Block 228, Lot 7.
Building permits
- Alteration, filed Jun 23, 2026, estimated cost $50K, described as “Refurbish structure to facilitate new openings and bulkhead at roof.”
Property taxes
- Assessment
- $1,029,150
- 2026–27 tax
- $104,515
- Market value (city estimate)
- $2,287,000
- Taxable value
- $963,450
- Assessed land
- $184,950
- Assessed improvements
- $844,200
Zoning
M1-5/R9X: floor area ratio 3.40 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).
Landmarks
Part of SoHo-Cast Iron Historic District (Historic District). 16 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…