# 197 Canal Street, Staten Island

Apartment building · 26 units · built 2024 · Block 527, Lot 50.

On Umarelli: https://umarelli.org/nyc/5005270050/197-canal-street

More construction in Stapleton: https://umarelli.org/nyc/staten-island/stapleton.md

## Building permits

- New Building — Multi-Family, filed Apr 26, 2021, estimated cost $450K, 27 units, 5 stories, described as “5 story mixed use and 27 units residential and ground floor store -quality housing”
- Alteration, filed Mar 19, 2026, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. Pipe scaffolding shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed Oct 15, 2025, estimated cost $5K, described as “Installation of 300PSF sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 3, 2022, estimated cost $90K, described as “Sprinkler for new mixed use building”
- Alteration, filed Apr 26, 2021, estimated cost $100K, described as “MECHANICAL equipment for 27 apartments and stores”
- Alteration, filed Apr 26, 2021, estimated cost $200K, described as “Plumbing for new mixed use building”
- Alteration, filed Apr 23, 2021, estimated cost $3K, described as “Curb cut 10'”
- Alteration, filed Nov 30, 2020, estimated cost $1K, described as “Temporary fence”

## Property taxes

- Assessment: $496,350
- 2026–27 tax: $55,024
- Market value (city estimate): $1,103,000
- Taxable value: $442,350
- Assessed land: $382,050
- Assessed improvements: $114,300

## Zoning

R6B: floor area ratio 2.44 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 21, 2018: $1,250,000

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

## Flood zone

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

## Board and land use applications

- Bay Street Corridor (City Planning P2016R0149): Completed, decided Jul 16, 2019. A series of land use actions, including Zoning Map and Zoning Text Amendments, disposition of city-owned property, and UDAAP approval, to facilitate the Bay Street Corridor Neighborhood Plan. The Plan is intended to connect the existing…

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