40 Downing Street, Manhattan
Co-op · 20 units · built c. 1888 · Block 528, Lot 35.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,286,100
- 2026–27 tax
- $32,949
- Market value (city estimate)
- $2,858,000
- Taxable value
- $265,538
- Assessed land
- $257,850
- Assessed improvements
- $1,028,250
Tax breaks
- Article XI exemption, through Jun 30, 2029, about $272,122 a year below the full tax.
Zoning
R6: floor area ratio 3.89 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Landmarks
Part of Greenwich Village Historic District Extension II (Historic District). 3 Landmarks Preservation Commission permits are on file.
Board and land use applications
- P/O VARRAZANO ST BET BEDFORD & CARMINE ST (City Planning P1986M0111): Completed, decided Dec 19, 1985. DISPOSITION OF CITY-OWNED PROPERTY, 1 PARCEL