# 148 West 16th Street, Manhattan

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

On Umarelli: https://umarelli.org/nyc/1007910071/148-west-16-street

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

Every lot on block 791: https://umarelli.org/nyc/manhattan/791.md

## Building permits

- Alteration, filed Aug 21, 2024, estimated cost $41K, described as “Facade work as per plan. No change in use or egress.”

## 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

- Co-op and condo abatement, with no end date, a $9,003 credit this tax year.

## Zoning

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

## Recent sales

- Apr 25, 2024: $705,000
- Nov 16, 2022: $905,000
- Jun 30, 2017: $880,000
- Jan 17, 2017: $1,500,000

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