227 West 16th Street, Manhattan

Co-op · 51 units · built c. 1910 · Block 766, Lot 23.

Building permits

Property taxes

Assessment
$3,769,650
2026–27 tax
$417,319
Market value (city estimate)
$8,377,000
Taxable value
$3,649,710
Assessed land
$648,000
Assessed improvements
$3,121,650

Tax breaks

Zoning

R8B: floor area ratio 3.87 built, 4.00 allowed by base zoning.

Flood zone

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

Recent sales

The 10 most recent of 17 open-market sales since 2016, from the Department of Finance’s sales files.

More construction in Chelsea

Every lot on block 766

Umarelli: construction in New York City and Jersey City