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159 Canal Street, New York, NY 10013 Property Information

159 Canal Street, New York, NY 10013 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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159 Canal Street, New York, NY 10013 3
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Address

Primary address 159 Canal Street
Secondary address 159-165 Canal St
Neighborhood Chinatown
Zip code 10013
Borough Manhattan
Block & lot 00203-0002

Sales & Tax Overview for 159 Canal Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/24/2013
Purchase price $33,600,000
Tax class
Estimated property tax $776,691

Lot & Building Information for 159 Canal Street, New York

Lot sqft 7,512
Lot dimensions 100 ft x 75 ft
Building class Office with Commercial - 1 to 6 Stories (O5)
Building sqft 30,000
Building dimensions 100 ft x 75 ft
Buildings on lot 2
Stories 5
Year built 1915
Year last altered 2016
Construction type
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Zoning & Use for 159 Canal Street, New York

Zoning
Commercial units 12
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 2
Closest police station 0.04 Miles
Closest fire station 0.20 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 159 Canal Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 159 Canal Street, New York, NY 10013, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 159 Canal Street, New York, NY 10013, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 159-165 Canal St, New York, NY 10013
  • 165 A Canal St, New York, NY 10013
  • 36-38 Elizabeth St, New York, NY 10013
  • 40-42 Elizabeth St, New York, NY 10013

About 159 Canal Street, New York

How many square feet does 159 Canal Street, New York, NY 10013 have?

This Office with Commercial - 1 to 6 Stories (O5) located at 159 Canal Street, New York, NY 10013 has a total of 30,000 square feet.

What is the year built & the current market value of 159 Canal Street, New York, NY 10013?

159 Canal Street, New York, NY 10013 was built in 1915 and has a current tax assessor's market value of $15,853,000.

How many commercial spaces does this building have?

This building has 12 commercial spaces available for lease.

Ownership Information for 159 Canal Street, New York

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Property owner name for 159 Canal Street, New York, NY 10013
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Building contacts for 159 Canal Street, New York, NY 10013
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 159 Canal Street, New York

Create a free account to view the complete sales history for 159 Canal Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/24/2013 $33,600,000

Title Documents for 159 Canal Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
07/15/2019 - D
08/15/2019 - R
Assignment, Mortgage
(2019081201006002)
07/15/2019 - D
08/15/2019 - R
Assignment, Mortgage
(2019081201006001)
06/19/2019 - R UCC3 Termination
(2019061400237007)
06/19/2019 - R UCC3 Termination
(2019061400237006)
06/07/2019 - D
07/26/2019 - R
Agreement
(2019071700317001)
06/07/2019 - D
06/19/2019 - R
Termination of Assign of L&R
(2019061400237005)
06/07/2019 - D
06/19/2019 - R
Termination of Assign of L&R
(2019061400237004)
06/07/2019 - D
06/19/2019 - R
Mortgage and Consolidation
(2019061400237003)
06/07/2019 - D
06/19/2019 - R
Assignment, Mortgage
(2019061400237002)
06/07/2019 - D
06/19/2019 - R
Assignment, Mortgage
(2019061400237001)
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R: Recorded date
D: Document date

Property Taxes for 159 Canal Street, New York

Access detailed property tax data for 159 Canal Street, New York, NY 10013. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $688,384
Estimated property tax: $776,691
Tax assessor's market value: $15,853,000
Assessed value: $7,133,850

Assessment History for 159 Canal Street, New York

Here's the assessment & property tax history for 159 Canal Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $15,853,000 $7,133,850 $6,345,720 10.848% $688,384 $688,384 +8.02%
2024/25 $15,570,000 $7,006,500 $5,921,640 10.762% $637,287 $637,287 +10.20%
2023/24 $14,161,000 $6,372,450 $5,459,760 10.592% $578,298 $578,298 +9.98%
2022/23 $13,710,000 $6,169,500 $4,939,285 10.646% $525,836 $525,836 +9.81%
2021/22 $11,214,000 $5,046,300 $4,452,262 10.755% $478,841 $478,841 +7.20%

Permits for 159 Canal Street, New York

The complete history of permits filed for 159 Canal Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/11/2025 Alteration
09/04/2025 Alteration
07/10/2025 Alteration
11/13/2024 Alteration
09/10/2024 Alteration
08/27/2024 Alteration
08/07/2024 Alteration
08/06/2024 Alteration
08/05/2024 Alteration
09/30/2022 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Chrystie St & Grand St at NW Corner
Station lines B-D
Distance (miles) 0.181
View subway map
Bus Routes
Name Bowery/Canal St
Line M103
Distance (miles) 0.053

Neighbors for 159 Canal Street, New York

Here are the neighbors for 159 Canal Street, New York, NY 10013.

Address Square feet Purchase date Purchase price
44 Elizabeth St, New York 28,875 04/30/2015 $24,000,000
42 Bowery, New York 3,666 02/10/1970
44 Bowery, New York 4,500 12/23/1987
84 Bowery, New York 14,250 09/16/2016 $9,375,000
78 Bowery, New York 14,697 06/01/2007 $5,800,000
40 Bowery, New York 3,666 05/11/2023
144 Hester St, New York 8,080 12/24/1998
58 Bowery, New York 17,616 07/24/2025 $9,500,000
54 Elizabeth St, New York 39,368 10/12/1984
74 Bowery, New York 8,510 08/23/2017
46 Bowery, New York 47,500 01/03/2000
50 Bowery, New York 148,852 12/20/2013
88 Bowery, New York 31,000 07/07/2014 $3,000,000
76 Bowery, New York 14,488 10/17/2017
160 Canal St, New York 5,379
58 Elizabeth St, New York 29,681 03/31/2026 $4,974,209
80 Bowery, New York 28,866 01/26/1999
50 Bayard St, New York 235,963
156 Canal St, New York 6,150
158 Canal St, New York 2,790
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