New York City  »  10002  »  Water St  »  605 Water St

Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002 - Property report

Also known as: 309-321 Franklin D Roosevelt Dr

Property image for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1964

Lot sq. ft.

24,137

General information

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Due to this address' parcel subdivisions, this property report may contain limited information. For the full range of property data, view the property report of each individual parcel.

Address
Building name
Gouverneur Gardens Building 4
Primary address
Gouverneur Gardens Building 4 - 605 Water Street
Alternate address(es)
2-12 Gouverneur Slip W
309-321 Franklin D Roosevelt Dr
605-613 Water St
ZIP code
10002
Neighborhood
Lower East Side
Borough
Manhattan
Block & lot
00244-0019

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
124,600
Building dimensions
76.58 ft x 83.33 ft
Buildings on lot
1
Stories
21
Year built
1964
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
124
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Montgomery Street (wide)
Water Street (narrow)
South Street (wide)
Franklin D Roosevelt Drive (narrow)
Distance to wide street
Lot dimensions
140.25 ft x 172.08 ft
Lot sq. ft.
24,137

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
1
Community district
3
Closest police station
0.35 Miles
Closest fire station
0.19 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/01/2021 - R Initial UCC1
(2021083000846010)
XXXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXX
11/09/2023 - R
06/30/2021 - D
Mortgage
(2023110700155006)
XXXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX
11/09/2023 - R
06/30/2021 - D
Mortgage
(2023110700155005)
XXXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX
11/09/2023 - R
06/30/2021 - D
Mortgage
(2023110700155004)
XXXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX
11/09/2023 - R
06/30/2021 - D
Mortgage
(2023110700155003)
XXXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX
11/09/2023 - R
06/30/2021 - D
Mortgage
(2023110700155002)
XXXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX
11/09/2023 - R
06/30/2021 - D
Agreement
(2023110700155001)
XXXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXX XXXXXXXXXXX XXXX
09/01/2021 - R
06/30/2021 - D
Mortgage
(2021083000846009)
XXXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXX
09/01/2021 - R
06/30/2021 - D
Mortgage
(2021083000846007)
XXXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXX
09/01/2021 - R
06/30/2021 - D
Subordination of Mortgage
(2021083000846006)
XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Municipal exemptions
Recent tax assessments
Market value
$10,514,000
Assessed value
$4,731,300

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $10,977,000 $4,939,650 $0 12.439% $562,363 $0 n/a
2024/25 $10,290,000 $4,630,500 $0 12.5% $561,296 $0 n/a
2023/24 $10,091,000 $4,540,950 $0 12.502% $564,199 $0 n/a
2022/23 $9,837,000 $4,426,650 $0 12.267% $543,017 $0 n/a
2021/22 $9,038,000 $4,067,100 $0 12.235% $497,610 $0 n/a
2020/21 $10,637,000 $4,786,650 $0 12.267% $554,311 $0 n/a
2019/20 $10,540,000 $4,743,000 $0 12.473% $530,807 $0 n/a
2018/19 $10,401,000 $4,680,450 $0 12.612% $492,602 $0 n/a
2017/18 $9,560,000 $4,302,000 $0 12.719% $435,711 $0 n/a
2016/17 $9,070,000 $4,081,500 $0 12.892% $395,110 $0 n/a

Permit information for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY

Filing date Job type Job status Job description Initial cost
10/29/2025 Alteration
08/27/2025 Alteration
08/05/2025 Alteration
08/04/2025 Alteration
07/08/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
06/10/2026 B
06/10/2026 B
05/27/2026 A

*Most recent HPD violations on record for this property.

Lower East Side residential market stats

Access a detailed real estate market overview of Lower East Side so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Lower East Side and compare it to other neighborhoods in Manhattan.

Median sale price

$990,000

Median price/sq. ft.

$1,550

-6.3% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
0.2,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Rutgers St & Madison Ave at NW Corner
Station lines
F
Distance (miles)
0.33

Access the detailed traffic volume map for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 184 Shuang Wen 10 No Public PK, K-8 736 0.07
P.S. 184 Shuang Wen 10 No Public PK, K-8 736 0.07
Manhattan Charter School II 4 No Charter K-5 99 0.19
P.S. 134 Henrietta Szold 2 No Public PK, K-5 177 0.24
P.S. 134 Henrietta Szold 2 No Public PK, K-5 177 0.24
P.S. 110 Florence Nightingale 7 No Public PK, K-5 289 0.37
P.S. 110 Florence Nightingale 7 No Public PK, K-5 289 0.37
Beth Jacob Parochial School NR No Private PK-8 178 0.38
Beth Jacob Parochial School NR No Private PK-8 178 0.38
P.S. 2 Meyer London 6 No Public PK, K-5 329 0.41
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 184 Shuang Wen 10 No Public PK, K-8 736 0.07
University Neighborhood Middle School 2 No Public 6-8 160 0.19
Beth Jacob Parochial School NR No Private PK-8 178 0.38
Mesivta Tifereth Jerusalem NR No Private K-12 164 0.42
Mesivta Tifereth Jerusalem NR No Private K-12 154 0.42
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.57
Cooke Center Grammar School NR No Private K-8 0 0.58
Ms 131 4 No Public 6-8 236 0.60
St Joseph School NR No Private PK, K-8 205 0.64
School For Global Leaders 6 No Public 6-8 151 0.66
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
University Neighborhood High School 7 No Public 9-12 487 0.09
Orchard Collegiate Academy 5 No Public 9-12 271 0.19
Mesivta Tifereth Jerusalem NR No Private K-12 164 0.42
Mesivta Tifereth Jerusalem NR No Private K-12 154 0.42
Essex Street Academy 5 No Public 9-12 344 0.51
High School For Dual Language And Asian Studies 10 No Public 9-12 373 0.51
Urban Assembly Academy Of Government And Law 6 No Public 9-12 286 0.51
New Design High School 4 No Public 9-12 455 0.51
Lower Manhattan Arts Academy 2 No Public 9-12 315 0.51
Pace High School 4 No Public 9-12 529 0.60

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002?

The development at Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002 was built in 1964.

What is the total square footage of Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002?

Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002 has a total of 124,600 square feet.

What is the assessed value of Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002?

Gouverneur Gardens Building 4 - 605 Water Street, New York, NY 10002 is currently assessed at $4,731,300.

How many residential units does this building have?

This building has 124 residential unit(s).

Disclaimer

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