# 246 West 16th Street, Manhattan

Condominium · 4 units · built c. 1920 · Block 765, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1007657501/246-west-16-street

More construction in Chelsea: https://umarelli.org/nyc/manhattan/chelsea.md

Every lot on block 765: https://umarelli.org/nyc/manhattan/765.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $3,554,549
- 2026–27 tax: $67,596
- Market value (city estimate): $7,898,999
- Taxable value: $592,943
- Assessed land: $1,799,999
- Assessed improvements: $1,754,550
- Condo units with their own tax lots: 7

## Tax breaks

- Co-op and condo abatement, with no end date, a $6,161 credit this tax year.

## Zoning

R8B: floor area ratio 4.32 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 1, 2021: $3,875,000, Apt 5
- Jun 16, 2021: $3,450,000, Apt 3
- Jun 15, 2021: $3,845,000, Apt 4
- Jun 3, 2021: $5,614,125, Apt 6

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

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