New York City  »  10013  »  Watts St  »  54 Watts St

54 Watts Street, New York, NY 10013 - Property report

Also known as: 52-54 Watts St

Property image for 54 Watts Street, New York, NY 10013
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2006

Lot sq. ft.

5,432

Sale price

$56,000,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
54 Watts Street
Alternate address(es)
52-54 Watts St
52-56 Watts St
ZIP code
10013
Neighborhood
Hudson Square
Borough
Manhattan
Block & lot
00477-0068

Owner

Find out who owns 54 Watts Street, New York, NY 10013. Uncover corporate and individual owners with a free account.

Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
54,375
Building dimensions
62 ft x 87 ft
Buildings on lot
1
Stories
18
Year built
2006
Building material
Sales
Sale date
02/13/2025
Sale price
$56,000,000
Tax
Tax year
2026-2027
Property tax
$1,313,371
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
62.4 ft x 87 ft
Lot sq. ft.
5,432

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
2
Community district
2
Closest police station
0.25 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 54 Watts 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 54 Watts Street, New York, NY 10013

Sale date Sale price Buyer name Seller name
02/13/2025 $56,000,000 XXXXX XXXX XXX XXXX XX XXX
06/16/2005 $4,760,000 XXXX XX XXX XX, XXX XXXX XXX XX, XXXX XXXX XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/20/2025 - R Initial UCC1
(2025021900592008)		 XXXXX XXXX XXX XXX XXXX X X
02/20/2025 - R UCC3 Termination
(2025021900592005)		 XXXX XX XXX XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX
02/20/2025 - R
02/13/2025 - D		 Assignment of Leases and Rents
(2025021900592007)		 XXXXX XXXX XXX XXX XXXX X X
02/20/2025 - R
02/13/2025 - D		 Agreement
(2025021900592006)		 XXXXX XXXX XXX XXX XXXX X X
02/20/2025 - R
02/13/2025 - D		 Termination of Agreement
(2025021900592004)		 XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX XXXX XX XXX
02/20/2025 - R
02/13/2025 - D		 Termination of Assign of L&R
(2025021900592003)		 XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX XXXX XX XXX
02/20/2025 - R
02/13/2025 - D		 Assignment, Mortgage
(2025021900592002)		 XXXXXXXX XXXXXXXXXX XXXX XXX XXX XXXX XXXXXX XXX XXXX X X
02/20/2025 - R
02/13/2025 - D		 Deed
(2025021900592001)		 XXXX XX XXX XXXXX XXXX XXX
02/15/2022 - R UCC3 Continuation
(2022020900537001)		 XXXX XX XXX XXXXXXXX XXXXXXXXXX XXXX XXX
04/14/2017 - R UCC3 Termination
(2017041300318002)		 XXXX XX XXX X X XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 54 Watts 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
$1,313,371
Municipal exemptions
Recent tax assessments
Market value
$29,031,000
Assessed value
$13,063,950

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 $27,754,000 $12,489,300 $11,642,900 10.848% $1,263,022 $1,263,022 -3.31%
2024/25 $29,108,000 $13,098,600 $12,137,560 10.762% $1,306,244 $1,306,244 +6.74%
2023/24 $25,674,000 $11,553,300 $11,553,300 10.592% $1,223,726 $1,223,726 +4.57%
2022/23 $24,428,000 $10,992,600 $10,992,600 10.646% $1,170,272 $1,170,272 +1.28%
2021/22 $23,874,000 $10,743,300 $10,743,300 10.755% $1,155,442 $1,155,442 -30.48%
2020/21 $34,539,000 $15,542,550 $15,542,550 10.694% $1,662,120 $1,662,120 -1.72%
2019/20 $36,104,000 $16,246,800 $16,051,010 10.537% $1,691,295 $1,691,295 +1.80%
2018/19 $36,085,000 $16,238,250 $15,801,650 10.514% $1,661,385 $1,661,385 +4.01%
2017/18 $36,246,000 $16,310,700 $15,192,140 10.514% $1,597,302 $1,597,302 +1.61%
2016/17 $43,663,000 $19,648,350 $14,866,670 10.574% $1,572,002 $1,572,002 +11.44%
Permits

Permit information for 54 Watts Street, New York, NY

Filing date Job type Job status Job description Initial cost
05/18/2022 Alteration
01/24/2020 Alteration
01/22/2020 Alteration type 2
09/12/2019 Alteration type 2
09/12/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
08/02/2020 Bench-failure to benchmark none
05/02/2020 Bench-failure to benchmark none
03/18/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Canal St & Varick St at NW Corner
Station lines
1
Distance (miles)
0.097
View subway map

Access the detailed traffic volume map for 54 Watts Street, New York, NY 10013 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

Neighbors for 54 Watts Street, New York, NY

525 Broome St, New York 38 Grand St, New York 166 Elizabeth St, New York 170 Elizabeth St, New York 101 Avenue of the Americas, New York 19 Kenmare St, New York 168 Elizabeth St, New York 44 Grand St, New York 46 Grand St, New York 113 Avenue of the Americas, New York 80 Varick St, New York 121 Avenue of the Americas, New York 50 Watts St, New York

Nearby ZIP codes for 54 Watts Street, New York, NY

07311, Hudson County, NJ 10002, New York City, NY 10003, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10010, New York City, NY 10011, New York City, NY 10012, New York City, NY 10014, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY

Frequently asked questions

What is the year built for 54 Watts Street, New York, NY 10013?

The development at 54 Watts Street, New York, NY 10013 was built in 2006.

What is the market value of 54 Watts Street, New York, NY 10013?

The current market value of 54 Watts Street, New York, NY 10013 is $29,031,000.

What is the total square footage of 54 Watts Street, New York, NY 10013?

54 Watts Street, New York, NY 10013 has a total of 54,375 square feet.

What is the price per square foot for this property?

$1,029 per square foot is the price for 54 Watts Street, New York, NY 10013.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account