# 533 Canal Street, Manhattan

Co-op · 8 units · built c. 1911 · Block 595, Lot 59.

On Umarelli: https://umarelli.org/nyc/1005950059/533-canal-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 Oct 15, 2026, estimated cost $398K, described as “Interior alterations to 4th Floor single occupancy residential apartment. No change in egress, use of occupancy.”
- Alteration, filed Apr 30, 2026, estimated cost $8K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 12, 2026, described as “Suspended scaffold out rigger installation for facade repair works”
- Alteration, filed Dec 24, 2025, estimated cost $195K, described as “Raise height of existing north parapet wall to comply with code. Remove ivy on exterior of north wall at the parapet level, replace bricks as necessary and repoint.”
- Alteration, filed Jul 27, 2023, estimated cost $30K, described as “Parapet wall repair work which includes masonry repointing and installation of glass railing on portion of south parapet wall. No change in use, occupancy, or egress.”
- Alteration, filed May 11, 2023, 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 Oct 19, 2021, estimated cost $86K, described as “Change of occupancy of 2ND floor, from commercial - art studio to gallery and work studio.”

## Property taxes

- Assessment: $12,782,250
- 2026–27 tax: $393,170
- Market value (city estimate): $28,405,000
- Taxable value: $3,541,342
- Assessed land: $2,790,000
- Assessed improvements: $9,992,250

## Tax breaks

- Co-op and condo abatement, with no end date, a $47,337 credit this tax year.

## Zoning

C6-2A: floor area ratio 8.60 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 6, 2026: $6,900,000
- Apr 15, 2020: $3,135,000, Apt 7EM8E
- Apr 18, 2018: $4,425,000

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