# 79 Eldridge Street, Manhattan

Hotel · built 2018 · Block 306, Lot 29.

On Umarelli: https://umarelli.org/nyc/1003060029/79-eldridge-street

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

## Building permits

- Alteration, filed Sep 11, 2024, estimated cost $60K, described as “Install emergency generator on 14TH floor with fuel storage tank and pump system in cellar to supersede exired generator filing DOB#140854528. No change to use, occupancy or egress.”
- Alteration, filed Mar 20, 2023, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed Aug 7, 2021, estimated cost $1K, described as “Install sign. No change in use, egress, or occupancy.”
- Alteration, filed Dec 22, 2017, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Dec 1, 2017, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $2,994,300
- 2026–27 tax: $229,959
- Market value (city estimate): $6,654,000
- Taxable value: $2,994,300
- Assessed land: $457,200
- Assessed improvements: $2,537,100

## Tax breaks

- ICAP abatement, through Jun 30, 2033, a $94,863 credit this tax year.

## Zoning

C6-1G: floor area ratio 7.57 built, above the 6.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Feb 25, 2016: $5,300,000

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

[79 Eldridge Street Awaits Further Progress on Manhattan’s Lower East Side](https://newyorkyimby.com/2022/11/79-eldridge-street-awaits-further-progress-on-manhattans-lower-east-side.html), New York YIMBY, Nov 22, 2022.

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