# 59 Henry Street, Manhattan

Apartment building · 80 units · built 2021 · Block 280, Lot 15.

On Umarelli: https://umarelli.org/nyc/1002800015/59-henry-street

More construction in Chinatown: https://umarelli.org/nyc/manhattan/chinatown.md

## Building permits

- Alteration, filed Jan 9, 2025, estimated cost $3K, described as “Installation of a temporarily heavy-duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Nov 27, 2023, described as “Installation of temporary suspended scaffolds per plan submitted. Work shall comply with 2022 building code chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 27, 2022, estimated cost $1K, described as “Installation and use of temporary mobile mini crane as per plans filed herewith. No change to use, egress or occupancy under this application.”
- Alteration, filed Sep 29, 2022, estimated cost $1K, described as “Installation and use of temporarty supported scaffold as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Sep 16, 2022, estimated cost $10K, described as “Installation of single 6703# capacity personnel/material hoist during NB const, filed sep. Hoist shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted separately”
- Alteration, filed Jul 12, 2022, estimated cost $25K, described as “Installation of heavy duty sidewalk shed during NB const, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 4, 2020, estimated cost $1K, described as “Propose to install temporary standpipe system filed in conjunction with NB # 121205365”
- Alteration, filed Aug 3, 2020, estimated cost $1K, described as “Propose to install new curb cut (12 lf) as per plan in conjunction with NB # 121205365.”
- Alteration, filed Nov 1, 2019, estimated cost $1K, described as “Propose sprinkler and standpipe work in conjunction with NB # 121205365”
- Alteration, filed Oct 8, 2019, estimated cost $1K, described as “Installation of construction fence per plans filed herewith. No change to use, egress or occupancy.”

## Property taxes

- Assessment: $12,185,100
- 2026–27 tax: $1,515,705
- Market value (city estimate): $27,078,000
- Taxable value: $12,185,100
- Assessed land: $1,897,200
- Assessed improvements: $10,287,900

## Zoning

R7-2 (part of the lot is C6-1G): floor area ratio 7.27 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 11, 2019: $30,000,000, sold with other lots

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Change to an earlier grant (Board of Standards and Appeals 81-84-BZ): Change to an earlier grant, Granted, filed Oct 1, 1999, decided May 30, 2000. Reopening for an extension of tenn of variance which expired October 24, 1999 and for an amendment to permit an increase in the capacity of the parking lot.
- 49-59 HENRY STREET (City Planning P1984M1096): Completed. 84-063M: SPECIAL PERMIT TO CONTINUE AUTHORIZATION FOR EXISITNG PARKIN G LOT

## In the news

[59 Henry Street’s Façade Continues Installation in Two Bridges, Manhattan](https://newyorkyimby.com/2025/06/59-henry-streets-facade-continues-installation-in-two-bridges-manhattan.html), New York YIMBY, Jun 1, 2025.

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