Manhattan » 10038 » Water St » 279 Water St

279 Water Street, New York, NY 10038 - Property report

Also known as: 16 Dover St

Property image for 279 Water Street, New York, NY 10038

Property type

Predominant Retail with Other Uses (K4)

Year built

1920

Lot sq. ft.

1,641

Sale price

$3,300,000

General information

Address

Primary address

279 Water Street

Alternate address(es)

16 1/2 Dover St
16 Dover St
279 Rear Water St

ZIP code

10038

Neighborhood

Financial District

Borough

Manhattan

Block & lot

00107-0051

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

5,653

Building dimensions

28 ft x 33 ft

Buildings on lot

Stories

Year built

1920

Last altered

2013

Building material

Sales

Sale date

12/15/2021

Sale price

$3,300,000

Tax

Tax year

2026-2027

Property tax

$62,680

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

28 ft x 60.33 ft

Lot sq. ft.

1,641

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.54 Miles

Closest fire station

0.25 Miles

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

Ownership

Ownership information for 279 Water Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 279 Water Street, New York, NY 10038

Sale date	Sale price	Buyer name	Seller name
12/15/2021	$3,300,000	XXXXX XXX XXXXXX XXX	XXXXXX XXXXXXXXXX X X X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/31/2023 - R	Initial UCC1 (2023013000831003)	XXXXX XXX XXXXXX XXX	XXXXX XXXXX XXXXXXX XXX
01/31/2023 - R 01/30/2023 - D	Assignment of Leases and Rents (2023013000831002)	XXXXX XXX XXXXXX XXX	XXXXX XXXXX XXXXXXX XXX
01/31/2023 - R 01/30/2023 - D	Mortgage (2023013000831001)	XXXXX XXX XXXXXX XXX	XXXXX XXXXX XXXXXXX XXX
01/05/2022 - R 12/15/2021 - D	Deed (2021122900087001)	XXXXXX XXXXXXXXXX X X X	XXXXX XXX XXXXXX XXX
11/01/2007 - R 03/16/2007 - D	Satisfaction of Mortgage (2007101800942003)		XXXX XXXXX XXX
11/01/2007 - R 02/16/2007 - D	Satisfaction of Mortgage (2007101800942004)
11/01/2007 - R 02/16/2007 - D	Release (2007101800942002)	XXX XXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX	XXXXXX XXXXXXXXXX XXX
11/06/1997 - R	Agreement (1990005821499)	XXXXXX XXXXXXXXXXXXXX	XXXX XXXXX XXXXX XXXXXXX XX XXX XXXX
08/03/1995 - R	Initial UCC1 (1720004804872)	XXXXXX XXXXXXXXXX XXX	XXX XXXX XXXX XXXXXXXX XXXXXXXXXX XXXX XXX
07/21/1995 - R	Deed (1250004785625)	XXXXXX XXXXXXXXXX	XXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 279 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

Property tax

$62,680

Municipal exemptions

Recent tax assessments

Market value

$1,330,000

Assessed value

$598,500

More about New York City property taxes

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	$1,327,000	$597,150	$560,070	10.848%	$60,756	$60,756	+0.08%
2024/25	$1,298,000	$584,100	$564,120	10.762%	$60,711	$60,711	+0.93%
2023/24	$1,262,000	$567,900	$567,900	10.592%	$60,152	$60,152	+4.37%
2022/23	$1,203,000	$541,350	$541,350	10.646%	$57,632	$57,632	+5.10%
2021/22	$1,133,000	$509,850	$509,850	10.755%	$54,834	$54,834	-9.16%
2020/21	$1,372,000	$617,400	$564,480	10.694%	$60,365	$60,365	+6.25%
2019/20	$1,349,000	$607,050	$539,167	10.537%	$56,812	$56,812	+6.11%
2018/19	$1,273,000	$572,850	$509,222	10.514%	$53,540	$53,540	+4.61%
2017/18	$1,136,000	$511,200	$486,784	10.514%	$51,180	$51,180	+3.88%
2016/17	$1,067,000	$480,150	$465,946	10.574%	$49,269	$49,269	+6.85%

Permits

Permit information for 279 Water Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/22/2025	Alteration
03/24/2025	Alteration
11/06/2024	Alteration
09/10/2024	Alteration
02/02/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	01/15/2014	Aeuhaz1-fail to certify class 1
	04/04/2003	C-construction
	04/18/2000	Landmk-landmark

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

William St & Fulton St at SE Corner

Station lines

A-C-J-Z-2-3-4-5

Distance (miles)

0.298

View subway map

Access the detailed traffic volume map for 279 Water Street, New York, NY 10038 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 279 Water Street, New York, NY 10038?

The development at 279 Water Street, New York, NY 10038 was built in 1920.

What is the market value of 279 Water Street, New York, NY 10038?

The current market value of 279 Water Street, New York, NY 10038 is $1,330,000.

What is the total square footage of 279 Water Street, New York, NY 10038?

279 Water Street, New York, NY 10038 has a total of 5,653 square feet.

What is the price per square foot for this property?

$583 per square foot is the price for 279 Water Street, New York, NY 10038.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.