# 61 Crosby Street, Manhattan

Commercial · built c. 1900 · Block 482, Lot 13.

On Umarelli: https://umarelli.org/nyc/1004820013/61-crosby-street

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

## Building permits

- Alteration, filed Nov 6, 2024, estimated cost $100K, described as “Interior alterations to existing 1ST floor commercial space. No change to use, occupancy or egress”
- Alteration, filed Mar 23, 2023, estimated cost $1K, described as “Installation of 56 lf of heavy duty sidewalk shed & steel pipe scaffolding as per plans. No changes to egress, use, or occupancy.”
- Alteration, filed Jun 1, 2022, estimated cost $29K, described as “Modification to the existing sprinkler system as per the filed drawings. No change to use, occupancy or egress.”
- Alteration, filed Mar 15, 2022, estimated cost $80K, described as “HVAC alterations for tenant fit-outs on the 2nd & 4th floors: related work as per plans.”
- Alteration, filed Mar 15, 2022, estimated cost $800K, described as “Minor general construction alterations for tenant fit-outs on the 2nd & 4th floors: related work as per plans.”
- Alteration, filed Dec 7, 2021, estimated cost $172K, described as “Proposed change of use/occupancy at the 1st floor per CPC Special Permit# C210001ZSM (no proposed work); general construction alterations at building facade for addition of cornice elements per LPC Permit# CNE-20-04190; related work as per…”
- Alteration, filed Feb 5, 2020, estimated cost $11K, described as “Modification to existing sprinkler system. No change to use, occupancy or egress.”
- Alteration, filed Dec 17, 2019, estimated cost $70K, described as “Mechanical systems alterations for proposed tenant fit-out on the 5th floor; related work as per plans.”
- Alteration, filed Nov 21, 2019, estimated cost $34K, described as “Mechanical systems alterations on the 3rd floor; related work as per plans.”

## Property taxes

- Assessment: $3,749,850
- 2026–27 tax: $227,659
- Market value (city estimate): $8,333,000
- Taxable value: $3,457,890
- Assessed land: $1,188,000
- Assessed improvements: $2,561,850

## Tax breaks

- ICAP abatement, through Jun 30, 2030, a $147,453 credit this tax year.

## Zoning

M1-5/R7D: floor area ratio 5.14 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 8, 2026: $53,000,000, 27,930 sq ft ($1,898 per sq ft)
- Nov 19, 2024: $54,500,000
- Feb 1, 2016: $6,000,000

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

## Flood zone

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

## Landmarks

Part of SoHo-Cast Iron Historic District Extension (Historic District). 22 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- 61-63 Crosby Street (City Planning 2019M0340): Completed, filed Jul 2, 2020, decided May 20, 2021. This is a private application by 6163 Crosby Street, Inc. for a special permit pursuant to Section 74-711 of the Zoning Resolution, to modify the use regulations of Section 42-14(D)(2)(b) to allow UG 6 retail use on the ground floor and…
- Variance or special permit (Board of Standards and Appeals 2017-246-BZ): Variance or special permit, Withdrawn, filed Aug 18, 2017, decided Jun 11, 2019. Variance (§72-21) to permit commercial retail (UG 6) on the level of the ground floor contrary to ZR §42-14. M1-5B (SoHo Cast Iron Historic District).
- 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…
- 61-63 CROSBY ST (City Planning P1982M0812): Completed, decided Apr 8, 1983. SPEC PERMIT(ZR72-782) TO MOD (ZR42-14D1B) TO ALLOW CONV OF\*AN OVER-SIZED LOFT BLDG

## In the news

[LPC to Review Façade Design Proposals for 61-63 Crosby Street In Soho, Manhattan](https://newyorkyimby.com/2020/04/lpc-to-review-facade-design-proposals-for-61-63-crosby-street-in-soho-manhattan.html), New York YIMBY, Apr 19, 2020.

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