# 126 Hester Street, Manhattan

Apartment building · 8 units · built 2024 · Block 303, Lot 19.

On Umarelli: https://umarelli.org/nyc/1003030019/126-hester-street

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

## Building permits

- New Building — Multi-Family, filed Apr 1, 2022, estimated cost $1.1M, 8 units, 7 stories, described as “Construct new 7 story mixed-use building as per plans filed.”
- Alteration, filed Sep 30, 2024, described as “Facade restoration via suspended scaffolding”
- Alteration, filed Sep 19, 2023, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Sep 19, 2023, estimated cost $1K, described as “Proposed installation of temporary light duty pipe scaffold as per plans. Work shall comply with chapter #33 of 2022 the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Sep 29, 2022, estimated cost $8K, described as “Installation of temporary construction fence in conjunction with DOB Now New Building #M00701234 as per plan filed herewith. No change in use, egress, or occupancy under this application.”

## Property taxes

- Assessment: $3,007,260
- 2026–27 tax: $374,073
- Market value (city estimate): $6,682,800
- Taxable value: $3,007,260
- Assessed land: $697,500
- Assessed improvements: $2,309,760

## Zoning

C6-1G: floor area ratio 5.79 built, 6.00 allowed by base zoning.

## Recent sales

- Sep 11, 2018: $1,287,812
- Jul 27, 2018: $3,750,000

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

## Flood zone

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

## In the news

[Foundations Underway At 126 Hester Street in Chinatown, Manhattan](https://newyorkyimby.com/2024/05/foundations-underway-at-126-hester-street-in-chinatown-manhattan.html), New York YIMBY, May 14, 2024.

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