# 181 Avenue D, Manhattan

House of worship · built 1953 · Block 382, Lot 27.

On Umarelli: https://umarelli.org/nyc/1003820027/743-east-12-street

More construction in Alphabet City: https://umarelli.org/nyc/manhattan/alphabet-city.md

## Building permits

- New Building — Tower, filed Dec 11, 2025, 350 units, 21 stories, described as “A 21-story new mixed-use building with 350 dwelling units in total (165 residential units in addition to 185 units with non-profit institution with sleeping accommodations)”
- Demolition, filed Oct 22, 2026, estimated cost $800K, described as “Full demolition of one story structure, using hand-held and mechanical to assist from the exterior.”
- Demolition, filed Feb 28, 2025, estimated cost $280K, described as “Full demolition of a detached two-story commercial building using hand-tools, and use of excavator for non-demo removal of debris.”

## Property taxes

- Assessment: $2,395,800
- 2026–27 tax: $250,940
- Market value (city estimate): $5,324,000
- Taxable value: $2,313,234
- Assessed land: $1,489,050
- Assessed improvements: $906,750

## Zoning

R7-2: floor area ratio 0.24 built, 3.44 allowed by base zoning.

## Recent sales

- Jul 30, 2024: $35,000,000

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

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

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