# 138 Watts Street, Manhattan

Co-op · 5 units · built c. 1920 · Block 595, Lot 48.

On Umarelli: https://umarelli.org/nyc/1005950048/138-watts-street

More construction in SoHo: https://umarelli.org/nyc/manhattan/soho.md

Every lot on block 595: https://umarelli.org/nyc/manhattan/595.md

## 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.

## Recent sales

- Jul 24, 2017: $3,580,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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).

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