491 Greenwich Street, Manhattan
Condominium · 25 units · built c. 1915 · Block 594, Lot 7504.
Building permits
- Alteration, filed Oct 9, 2026, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. Pipe scaffolding shall comply with chapter #33 of the 2022 code. No changes in use, egress or occupancy in this application.”
- Alteration, filed Sep 4, 2026, estimated cost $376K, described as “Facade Repair Projects to comply with LL11/98. No change in use, egress or occupancy.”
- Alteration, filed Apr 2, 2026, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2022 code. No changes in use, egress or occupancy in this application.”
- Alteration, filed Oct 2, 2025, estimated cost $290K, described as “Replacement of existing cooling tower. No change in use, egress, or occupancy proposed under this filing.”
- Alteration, filed Aug 13, 2025, estimated cost $120K, described as “Minor renovation of pat 3C. Rearrangement of non load bearing partitions and replacement of finishes. No change to use, egress or occupancy”
- Alteration, filed Nov 22, 2021, estimated cost $1.1M, described as “Change of use from retail, office ,storage to medical offices at Cellar and first floor”
- Alteration, filed Jul 19, 2021, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed for remedial repairs as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code.”
Property taxes
- Assessment
- $12,311,996
- 2026–27 tax
- $1,278,020
- Market value (city estimate)
- $27,360,000
- Taxable value
- $10,398,801
- Assessed land
- $885,598
- Assessed improvements
- $11,426,398
- Condo units with their own tax lots
- 28
Zoning
C6-2A: floor area ratio 7.01 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Recent sales
- Apr 4, 2025: $2,995,000, Apt 3C
- Sep 18, 2024: $1,850,000, Apt 4D
- May 18, 2022: $2,400,000, Apt 6B
- Dec 15, 2021: $9,500,000, Unit PH-A
- Oct 18, 2021: $4,182,500, Apt 7A
- Jun 29, 2021: $2,950,000, Apt 6A
- Jun 1, 2021: $3,500,000, Unit COM-A, sold with other lots
- Mar 26, 2021: $3,750,000, Apt 2A
- Jun 6, 2019: $5,600,000, Unit PH-A
- Aug 24, 2018: $2,174,000, Apt 4B
The 10 most recent of 13 open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Variance or special permit (Board of Standards and Appeals 52-99-BZ): Variance or special permit, Granted, filed Mar 24, 1999, decided May 9, 2000. Variance (§72-21) to permit, within MI-6 zoning district the creation of26 residential units, which will be contained within a new structure which will be built on the portion of the zoning lot presently occupied by the warehouse/garage…