# 3 Wooster Street, Manhattan

Condominium · 11 units · built 2003 · Block 228, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1002287501/3-wooster-street

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

Every lot on block 228: https://umarelli.org/nyc/manhattan/228.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $4,986,000
- 2026–27 tax: $478,664
- Market value (city estimate): $11,080,002
- Taxable value: $4,278,108
- Assessed land: $515,250
- Assessed improvements: $4,470,750
- Condo units with their own tax lots: 13

## Tax breaks

- Co-op and condo abatement, with no end date, a $38,301 credit this tax year.

## Zoning

M1-5/R7X (part of the lot is M1-5/R9X): floor area ratio 5.31 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- May 30, 2024: $2,750,000, Apt 4B
- May 23, 2024: $3,050,000, Apt 3A
- Nov 5, 2021: $900,000, Apt COM-1
- Nov 5, 2021: $1,000,000, Apt COM-2
- Oct 21, 2021: $3,700,000, Apt 2A
- Feb 21, 2020: $3,250,000, Apt 6A
- May 18, 2018: $2,999,000, Apt 4B
- Oct 19, 2016: $3,100,000, Apt 4B

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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). 4 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…
- WOOSTER STREET PARKING GARAGE (City Planning P1998M0023): Completed, decided Aug 24, 1998. 98DCP003M: SPECIAL PERMIT TO ALLOW THE CONSTRUCTION AND OPERATION OF A PARKING GARAGE WITH A CAPACITY OF 135 CARS

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