148 West 16th Street, Manhattan

Co-op · 8 units · built c. 1920 · Block 791, Lot 71.

Building permits

Property taxes

Assessment
$2,250,000
2026–27 tax
$54,907
Market value (city estimate)
$5,000,000
Taxable value
$513,783
Assessed land
$342,450
Assessed improvements
$1,907,550

Tax breaks

Zoning

R8A: floor area ratio 3.12 built, 6.02 allowed by base zoning.

Flood zone

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

Recent sales

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

More construction in Chelsea

Every lot on block 791

Umarelli: construction in New York City and Jersey City