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385 Canal Street, New York, NY 10013 Property Information

385 Canal Street, New York, NY 10013 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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385 Canal Street, New York, NY 10013 2
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Address

Primary address 385 Canal Street
Neighborhood SoHo
Zip code 10013
Borough Manhattan
Block & lot 00227-0003

Sales & Tax Overview for 385 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 09/03/2004
Purchase price $2,980,000
Tax class
Estimated property tax $163,746

Lot & Building Information for 385 Canal Street, New York

Lot sqft 1,590
Lot dimensions 21.42 ft x 76.17 ft
Building class Primarily Four Family with One Store or Office (S4) i
Building sqft 5,694
Building dimensions 21 ft x 72 ft
Buildings on lot 1
Stories 5
Year built 1920
Construction type
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Zoning & Use for 385 Canal Street, New York

Zoning
Residential units (DOF) 4
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 2
Closest police station 0.14 Miles
Closest fire station 0.16 Miles

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

Other Property Data for 385 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 385 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 385 Canal Street, New York, NY 10013, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 385 Canal Street, New York

How many sq. ft. does 385 Canal Street, New York, NY 10013 have & what is the price per sq. ft?

This Primarily Four Family with One Store or Office (S4) located at 385 Canal Street, New York, NY 10013 has a total of 5,694 square feet and a current price per square foot of $523.

What is the year built & the current market value of 385 Canal Street, New York, NY 10013?

385 Canal Street, New York, NY 10013 was built in 1920 and has a current tax assessor's market value of $4,514,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 385 Canal Street, New York

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Property owner name for 385 Canal Street, New York, NY 10013
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Building contacts for 385 Canal Street, New York, NY 10013
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 385 Canal Street, New York

Create a free account to view the complete sales history for 385 Canal Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/03/2004 $2,980,000
03/12/2004 $3,300,000
       
       
       
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Title Documents for 385 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
01/06/2023 - D
02/07/2023 - R
Satisfaction of Mortgage
(2023013100760001)
05/04/2020 - D
05/13/2020 - R
Easement
(2020051300178001)
01/23/2013 - R Initial UCC1
(2013011401089005)
01/03/2013 - D
01/23/2013 - R
Assignment of Leases and Rents
(2013011401089004)
01/03/2013 - D
01/23/2013 - R
Agreement
(2013011401089003)
01/03/2013 - D
01/23/2013 - R
Mortgage
(2013011401089002)
12/26/2012 - D
01/23/2013 - R
Assignment, Mortgage
(2013011401089001)
08/31/2006 - D
09/18/2007 - R
Assignment, Mortgage
(2007091401179001)
08/31/2006 - D
10/02/2006 - R
Agreement
(2006083000996002)
08/30/2006 - D
10/02/2006 - R
Assignment, Mortgage
(2006083000996001)
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R: Recorded date
D: Document date

Property Taxes for 385 Canal Street, New York

Access detailed property tax data for 385 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: $151,617
Estimated property tax: $163,746
Tax assessor's market value: $4,514,000
Assessed value: $2,031,300

Assessment History for 385 Canal Street, New York

Here's the assessment & property tax history for 385 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 $4,514,000 $2,031,300 $1,218,888 12.439% $151,617 $151,617 +7.47%
2024/25 $5,642,400 $2,539,080 $1,128,600 12.5% $141,075 $141,075 -5.97%
2023/24 $4,702,000 $2,115,900 $1,200,109 12.502% $150,038 $150,038 +10.07%
2022/23 $5,180,000 $2,331,000 $1,111,212 12.267% $136,312 $136,312 -2.84%
2021/22 $4,402,000 $1,980,900 $1,146,717 12.235% $140,301 $140,301 -0.26%

Permits for 385 Canal Street, New York

The complete history of permits filed for 385 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
03/14/2005 Alteration type 1
03/10/2005 Alteration type 2
10/06/2004 Alteration type 2
10/05/2004 Alteration type 2
09/15/1999 Sign
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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 Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% YoY

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

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Thompson St & Canal St at NE Corner
Station lines A-C-E
Distance (miles) 0.029
View subway map
Bus Routes
Name Av of the Americas/Thompson St
Line M55
Distance (miles) 0.05

Neighbors for 385 Canal Street, New York

Here are the neighbors for 385 Canal Street, New York, NY 10013.

Address Square feet Purchase date Purchase price
45 Grand St, New York 3,230 05/04/2010
456 Greenwich St, New York 85,275 11/13/2019
387 Canal St, New York 1,586 01/10/1977
75 Varick St, New York 1,000,746 04/18/2019 $120,000
41 Grand St, New York 3,048 12/07/2012
123 Watts St, New York 7,700 12/08/2023 $7,675,000
23 Grand St, New York 3,385 09/25/2025
17 Thompson St, New York 13,372 11/24/1981
381 Canal St, New York 4,552 01/26/2018 $15,000
205 Hudson St, New York 321,641 04/18/2019 $125,000
463 Greenwich St, New York 82,548 11/23/1993
20 Thompson St, New York 9,791 03/06/1996
417 Canal St, New York 05/11/2004
383 Canal St, New York 6,150 11/24/2008
115 Watts St, New York 24,000 01/21/2009 $9,000,000
131 Watts St, New York 8,609
458 Greenwich St, New York 9,340 11/01/2011
391 Canal St, New York 2,208 09/10/2024 $3,000,000
330 W Broadway, New York 3,495 05/18/2006 $8,400,000
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