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59 Canal Street, New York, NY 10002 Property Information

59 Canal Street, New York, NY 10002 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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59 Canal Street, New York, NY 10002 2
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Address

Primary address 59 Canal Street
Neighborhood Chinatown
Zip code 10002
Borough Manhattan
Block & lot 00299-0034

Sales & Tax Overview for 59 Canal Street, New York

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Tax class
Estimated property tax $42,860

Lot & Building Information for 59 Canal Street, New York

Lot sq. ft. 1,375
Lot dimensions 25 ft x 55 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 5,500
Building dimensions 25 ft x 55 ft
Buildings on lot 1
Stories 4
Year built 1900
Year last altered 2000
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Zoning & Use for 59 Canal Street, New York

Zoning
Residential units (DOF) 4
Commercial units 3
Residential sqft
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 3
Closest police station 0.29 Miles
Closest fire station 0.04 Miles

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

Other Property Data for 59 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 59 Canal Street, New York, NY 10002, 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 59 Canal Street, New York, NY 10002, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 59 Canal Street, New York

How many square feet does 59 Canal Street, New York, NY 10002 have?

This Predominant Retail with Other Uses (K4) located at 59 Canal Street, New York, NY 10002 has a total of 5,500 square feet.

What is the year built & the current market value of 59 Canal Street, New York, NY 10002?

59 Canal Street, New York, NY 10002 was built in 1900 and has a current tax assessor's market value of $940,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 59 Canal Street, New York

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Property owner name for 59 Canal Street, New York, NY 10002
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Building contacts for 59 Canal Street, New York, NY 10002
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 59 Canal Street, New York

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No recorded sales for this property.

Title Documents for 59 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
04/08/1999 - R Satisfaction of Mortgage
(1310006554831)
04/08/1999 - R Deed
(1370006549137)
03/17/1999 - R UCC3 Termination
(1530006509353)
           
           
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R: Recorded date
D: Document date

Property Taxes for 59 Canal Street, New York

Access detailed property tax data for 59 Canal Street, New York, NY 10002. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $40,722
Estimated property tax: $42,860
Tax assessor's market value: $940,000
Assessed value: $423,000

Assessment History for 59 Canal Street, New York

Here's the assessment & property tax history for 59 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 $940,000 $423,000 $375,390 10.848% $40,722 $40,722 -2.43%
2024/25 $922,000 $414,900 $387,810 10.762% $41,736 $41,736 +7.84%
2023/24 $812,000 $365,400 $365,400 10.592% $38,703 $38,703 +4.78%
2022/23 $771,000 $346,950 $346,950 10.646% $36,936 $36,936 +5.12%
2021/22 $726,000 $326,700 $326,700 10.755% $35,137 $35,137 -24.38%

Permits for 59 Canal Street, New York

The complete history of permits filed for 59 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
01/10/2023 Alteration
08/23/2018 Alteration type 1
08/03/2018 Alteration
08/01/2018 Alteration
06/28/2016 Alteration type 2
05/04/2015 Alteration type 2
08/08/2013 Alteration type 2
11/17/2010 Alteration type 2
04/21/2010 Alteration type 1
08/07/2007 Alteration type 2
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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 Rutgers St & Broadway at NW Corner
Station lines F
Distance (miles) 0.109
View subway map
Bus Routes
Name Allen St/Canal St
Line M15
Distance (miles) 0.047

Neighbors for 59 Canal Street, New York

Here are the neighbors for 59 Canal Street, New York, NY 10002.

Address Square feet Purchase date Purchase price
83 Canal St, New York 40,860 06/21/2021
15 Orchard St, New York 5,437 12/22/2016 $5,250,000
19 Orchard St, New York 7,784 11/12/1998
29 Orchard St, New York 7,945 09/17/1997
42 Eldridge St, New York 10,230
55 Canal St, New York 6,198 11/09/2012 $4,900,000
25 Orchard St, New York 12,325 04/29/2025 $5,500,000
48 Eldridge St, New York 10,612 02/09/2022 $5,200,000
46 Eldridge St, New York 10,080
50 Eldridge St, New York 32,000 12/17/2013
58 Eldridge St, New York 6,020 11/27/2022
35 Orchard St, New York 11,341 10/16/2001
30 Allen St, New York 7,955 10/01/1999
44 Eldridge St, New York 10,080
27 Orchard St, New York 7,910 03/15/1994
33 Orchard St, New York 9,849 10/01/1999
18 Allen St, New York 8,856 11/07/1980
38 Eldridge St, New York 10,355 01/29/1982
54 Eldridge St, New York 18,552 12/24/1998
21 Orchard St, New York 3,125 05/22/2020
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