138 Watts Street, Manhattan
Co-op · 5 units · built c. 1920 · Block 595, Lot 48.
Building permits
- Alteration, filed Nov 13, 2023, estimated cost $39K, described as “Window replacement as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed Nov 29, 2018, 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.”
Property taxes
- Assessment
- $4,142,700
- 2026–27 tax
- $101,863
- Market value (city estimate)
- $9,206,000
- Taxable value
- $992,605
- Assessed land
- $202,500
- Assessed improvements
- $3,940,200
Tax breaks
- Co-op and condo abatement, with no end date, a $21,607 credit this tax year.
Zoning
C6-2A: floor area ratio 5.79 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 12 ft (NAVD88).
Recent sales
- Jul 24, 2017: $3,580,000
Open-market sales since 2016, from the Department of Finance’s sales files.