# 122 West 3rd Street, Manhattan

Parking · built c. 1889 · Block 543, Lot 15.

On Umarelli: https://umarelli.org/nyc/1005430015/122-west-3-street

More construction in Greenwich Village: https://umarelli.org/nyc/manhattan/greenwich-village.md

## Building permits

- Alteration, filed Aug 9, 2026, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Mar 2, 2026, estimated cost $1.0M, described as “Application filed for the partial structural demolition of building and bracing of elements to remain as shown on filed plans. Related alt-CO application M01335378-I1”
- Alteration, filed Jan 27, 2026, estimated cost $550K, described as “Application filed for the replacement of the 1st floor slab of the existing building. Separate alt-CO application filed under M01335378.”
- Major Renovation — Conversion, filed Dec 23, 2025, estimated cost $3.6M, 21 units added, 6 stories, described as “Alt-co new building with existing elements to remain for conversion of existing garage to residential and retail use”
- Alteration, filed Aug 22, 2024, described as “Outrigger beam installation, material hoist and inspection for facade repairs.”
- Alteration, filed Jul 23, 2024, estimated cost $1.2M, described as “Garage repairs as per plans filed herewith. There is no change in use, egress or occupancy.”
- Alteration, filed Jun 28, 2024, described as “Outrigger system installation, material hoist and inspection for facade repairs.”
- Alteration, filed Jun 28, 2024, estimated cost $15K, described as “Proposed installation of a temporary sidewalk shed as per plans submitted. work shall comply with 2022 building codes, chapter 33. no change in use, egress or occupancy.”
- Alteration, filed Apr 18, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Jul 12, 2021, estimated cost $150K, described as “Facade repairs as per plans filed herewith. There is no change in use, egress or occupancy.”
- Alteration, filed Oct 27, 2020, described as “Installation of temporary scaffold mock up per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”

## Property taxes

- Assessment: $4,229,100
- 2026–27 tax: $458,773
- Market value (city estimate): $9,398,000
- Taxable value: $4,229,100
- Assessed land: $864,000
- Assessed improvements: $3,365,100

## Zoning

R7-2: floor area ratio 3.90 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 28, 2026: $34,000,000, 48,600 sq ft ($700 per sq ft)

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 South Village Historic District (Historic District). 9 Landmarks Preservation Commission permits are on file.

## In the news

[LPC Reviewing Proposal For 122-128 West 3rd Street In Greenwich Village, Manhattan](https://newyorkyimby.com/2025/01/lpc-reviewing-proposal-for-122-128-west-3rd-street-in-greenwich-village-manhattan.html), New York YIMBY, Jan 25, 2025.

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