159 Prince Street, Manhattan
Apartment building · 16 units · built c. 1873 · Block 516, Lot 42.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $2,515,500
- 2026–27 tax
- $288,598
- Market value (city estimate)
- $5,590,000
- Taxable value
- $2,320,110
- Assessed land
- $184,500
- Assessed improvements
- $2,331,000
Zoning
R7-2 (part of the lot is M1-5/R7X): floor area ratio 4.10 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jan 13, 2026: $18,000,000, 9,634 sq ft, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Sullivan-Thompson Historic District (Historic District). 10 Landmarks Preservation Commission permits are on file.
Board and land use applications
- Sullivan Thompson Historic District (City Planning P2017M0214): Completed, decided Feb 20, 2017. The Landmarks Preservation Commission is requesting a report from the City Planning Commission on Sullivan Thompson Historic District