Manhattan  »  10002  »  Canal St  »  60 Canal St

60 Canal Street, New York, NY 10002 - Property report

Also known as: 8-12 Allen St

Property image for 60 Canal Street, New York, NY 10002
static Mapbox map

Property type

Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)

Year built

2014

Lot sq. ft.

6,483

Sale price

$92,000,000

General information

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Address
Primary address
60 Canal Street
Alternate address(es)
5-9 Orchard St
54-58 Canal St
8-12 Allen St
ZIP code
10002
Neighborhood
Chinatown
Borough
Manhattan
Block & lot
00294-0007

Owner

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Building
Property type
Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)
Building sq. ft.
71,380
Building dimensions
95 ft x 75 ft
Buildings on lot
2
Stories
14
Year built
2014
Building material
Sales
Sale date
08/20/2025
Sale price
$92,000,000
Tax
Tax year
2026-2027
Property tax
$2,107,875
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
87.53 ft x 75.14 ft
Lot sq. ft.
6,483

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
96 /100.  Biker's Paradise
School district
2
Community district
3
Closest police station
0.28 Miles
Closest fire station
0.03 Miles

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

Ownership information for 60 Canal 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 60 Canal Street, New York, NY 10002

Sale date Sale price Buyer name Seller name
08/20/2025 $92,000,000 XXXX XXXXXXX XXXXX XXX XXXX XXXXXXX XXXXXXXX, XXX
02/14/2012 $5,300,000 XXXXXXXX XXXXXXXX XXX XX XXXXX XX. XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/30/2026 - R Initial UCC1
(2026033000455003)
XXXX XXXXXXX XXXXX XXX XXXXXX XXXX
03/30/2026 - R
03/20/2026 - D
Sundry Agreement
(2026033000455004)
XXXXXX XXXX XXXX XXXXXXX XXXXXX XXXXXX XXX
03/30/2026 - R
03/20/2026 - D
Assignment of Leases and Rents
(2026033000455002)
XXXX XXXXXXX XXXXXX XXXXXX XXX XXXXXX XXXX
03/30/2026 - R
03/20/2026 - D
Mortgage
(2026033000455001)
XXXX XXXXXXX XXXXX XXX XXXXXX XXXX
08/26/2025 - R
08/20/2025 - D
Deed
(2025082100901001)
XXXX XXXXXXX XXXXXXXX XXX XXXX XXXXXXX XXXXX XXX
11/22/2023 - R
10/10/2023 - D
Termination of Assign of L&R
(2023102000751002)
XXXXXXXX XXXXXXXX XXXX XXXX XXXXXXX XXXXXXXX XXX
11/22/2023 - R
10/10/2023 - D
Partial Release of Mortgage
(2023102000751001)
XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXX XXXXXXXX XXX
03/27/2019 - R
03/18/2019 - D
Agreement
(2019032700070002)
XXXX XXXXXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXX
03/27/2019 - R
03/18/2019 - D
Memorandum of Lease
(2019032700070001)
XXXX XXXXXXX XXXXXXXX XXX XXXX XXXXXXX XXXXXX XXXXXX XXX
06/11/2019 - R
03/08/2019 - D
Sundry Agreement
(2019060700718003)
XXXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 60 Canal 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
Property tax
$2,107,875
Municipal exemptions
Recent tax assessments
Market value
$47,095,000
Assessed value
$21,192,750

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 $46,968,000 $21,135,600 $18,489,690 10.848% $2,005,762 $2,005,762 -0.99%
2024/25 $42,236,000 $19,006,200 $18,823,140 10.762% $2,025,746 $2,025,746 +14.80%
2023/24 $37,022,000 $16,659,900 $16,659,900 10.592% $1,764,617 $1,764,617 +14.57%
2022/23 $32,151,000 $14,467,950 $14,467,950 10.646% $1,540,258 $1,540,258 +1.28%
2021/22 $31,422,000 $14,139,900 $14,139,900 10.755% $1,520,746 $1,520,746 -25.29%
2020/21 $45,459,000 $20,456,550 $19,033,453 10.694% $2,035,437 $2,035,437 +30.54%
2019/20 $33,415,826 $15,037,122 $14,797,956 10.537% $1,559,261 $1,559,261 +1497.65%
2018/19 $2,298,000 $1,034,100 $928,260 10.514% $97,597 $97,597 +57.82%
2017/18 $1,307,074 $588,183 $588,183 10.514% $61,842 $61,842 +642.66%
2016/17 $175,000 $78,750 $78,750 10.574% $8,327 $8,327 -0.77%

Permit information for 60 Canal Street, New York, NY

Filing date Job type Job status Job description Initial cost
11/25/2024 Alteration
09/05/2023 Alteration
09/05/2023 Alteration
01/18/2023 Alteration
12/22/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record 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

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Rutgers St & Broadway at NW Corner
Station lines
F
Distance (miles)
0.106

Access the detailed traffic volume map for 60 Canal 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

Frequently asked questions

What is the year built for 60 Canal Street, New York, NY 10002?

The development at 60 Canal Street, New York, NY 10002 was built in 2014.

What is the market value of 60 Canal Street, New York, NY 10002?

The current market value of 60 Canal Street, New York, NY 10002 is $47,095,000.

What is the total square footage of 60 Canal Street, New York, NY 10002?

60 Canal Street, New York, NY 10002 has a total of 71,380 square feet.

What is the price per square foot for this property?

$1,288 per square foot is the price for 60 Canal Street, New York, NY 10002.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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