New York City  »  10002  »  FDR Dr  »  397-439 FDR Dr

Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002 - Property report

Also known as: 441-483 Cherry St

Property image for Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002
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Property type

Parks/Recreation Facilities (Q1)

Lot sq. ft.

192,750

General information

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Address
Building name
Corlears Hook Park
Primary address
Corlears Hook Park - 397-439 FDR Drive
Alternate address(es)
397-439 Franklin D Roosevelt Dr
441-483 Cherry St
ZIP code
10002
Neighborhood
Lower East Side
Borough
Manhattan
Block & lot
00262-0014

Owner

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Building
Property type
Parks/Recreation Facilities (Q1)
Building sq. ft.
1,830
Buildings on lot
1
Stories
1
Tax
Tax year
2026-2027
Tax class
Zoning & Use
Qualified opportunity zone
Lot
Lot dimensions
710 ft x 390 ft
Lot sq. ft.
192,750
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
1,928 sq. ft.

Area overview

Walk score
85 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
1
Community district
3
Closest police station
0.33 Miles
Closest fire station
0.23 Miles

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Units for Corlears Hook Park - 397-439 FDR Drive, New York, NY

Ownership information for Corlears Hook Park - 397-439 FDR Drive, New York, NY

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

Sales history for Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002

No recently recorded sales for this property.

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Title documents

No recently recorded documents for this property.

Property taxes for Corlears Hook Park - 397-439 FDR Drive, 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
$17,023,000
Assessed value
$7,660,350

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 $16,527,000 $7,437,150 $0 10.848% $761,149 $0 n/a
2024/25 $16,046,000 $7,220,700 $0 10.762% $770,263 $0 n/a
2023/24 $15,579,000 $7,010,550 $0 10.592% $742,557 $0 n/a
2022/23 $15,125,000 $6,806,250 $0 10.646% $724,593 $0 n/a
2021/22 $14,684,000 $6,607,800 $0 10.755% $710,669 $0 n/a
2020/21 $18,091,000 $8,140,950 $0 10.694% $821,315 $0 n/a
2019/20 $17,564,000 $7,903,800 $0 10.537% $785,682 $0 n/a
2018/19 $17,052,000 $7,673,400 $0 10.514% $761,124 $0 n/a
2017/18 $16,555,000 $7,449,750 $0 10.514% $735,906 $0 n/a
2016/17 $16,073,000 $7,232,850 $0 10.574% $719,474 $0 n/a

Permit information for Corlears Hook Park - 397-439 FDR Drive, New York, NY

Filing date Job type Job status Job description Initial cost
12/12/2023 Alteration
01/28/2020 Alteration
08/22/2017 Alteration type 2
08/22/2017 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

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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)
0.561

Access the detailed traffic volume map for Corlears Hook Park - 397-439 FDR Drive, 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

Frequently asked questions

What is the total square footage of Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002?

Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002 has a total of 1,830 square feet.

What is the assessed value of Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002?

Corlears Hook Park - 397-439 FDR Drive, New York, NY 10002 is currently assessed at $7,660,350.

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