59 Grand Street, Manhattan
Commercial · built c. 1826 · Block 228, Lot 25.
Building permits
- Alteration, filed Feb 17, 2026, estimated cost $325K, described as “Construction work as shown on plans”
- Alteration, filed Sep 23, 2020, described as “Application is filed to approve HVAC systems for restaurant at 1ST floor.”
Property taxes
- Assessment
- $1,237,050
- 2026–27 tax
- $126,972
- Market value (city estimate)
- $2,749,000
- Taxable value
- $1,188,060
- Assessed land
- $177,750
- Assessed improvements
- $1,059,300
Zoning
M1-5/R7X: floor area ratio 3.69 built, 5.00 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). 14 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…