Manhattan  »  10012  »  Spring St  »  196 Spring St

196 Spring Street, New York, NY 10012 - Property report

Also known as: 194-198 Spring St

Property image for 196 Spring Street, New York, NY 10012
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1900

Lot sq. ft.

3,750

Sale price

$11,500,000

General information

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Address
Primary address
196 Spring Street
Alternate address(es)
194-198 Spring St
196-198 Spring St
ZIP code
10012
Neighborhood
SoHo
Borough
Manhattan
Block & lot
00489-0018

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
15,839
Building dimensions
50 ft x 61 ft
Buildings on lot
1
Stories
6
Year built
1900
Last altered
1987
Building material
Sales
Sale date
09/10/2003
Sale price
$11,500,000 - M
Tax
Tax year
2026-2027
Property tax
$345,542
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
22
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 75 ft
Lot sq. ft.
3,750

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
0.36 Miles
Closest fire station
0.20 Miles

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

Ownership information for 196 Spring 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 196 Spring Street, New York, NY 10012

Sale date Sale price Buyer name Seller name
09/10/2003 $11,500,000 XX XXXX XX XXXXXXXX XX. , XXX XXX XXXXXX XXXXXX XXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/06/2023 - R UCC3 Continuation
(2023090501255001)
XX XXXX XX XXXXXXXX XX XXX XX XXX XXX XXXXXXX XXXXX
08/03/2023 - R UCC3 Assignment
(2023072800700001)
XX XXXX XX XXXXXXXX XX XXX XXXXXXXXXX XXXX
10/27/2021 - R UCC3 Assignment
(2021102200304003)
XX XXXX XX XXXXXXXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/27/2021 - R
09/28/2021 - D
Asgn of Asgn of L&R
(2021102200304006)
XX XXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/27/2021 - R
09/28/2021 - D
Assignment, Mortgage
(2021102200304005)
XX XXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/27/2021 - R
09/28/2021 - D
Agreement
(2021102200304004)
XX XXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/27/2021 - R
09/28/2021 - D
Asgn of Asgn of L&R
(2021102200304002)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XX XXX XXX XXXXXXX XXXXX
10/27/2021 - R
09/28/2021 - D
Assignment, Mortgage
(2021102200304001)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XX XXX XXX XXXXXXX XXXXX
10/20/2020 - R
10/15/2020 - D
Landmark Designation
(2020101501047001)
XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
11/09/2018 - R UCC3 Continuation
(2018110700699001)
XX XXXX XX XXXXXXXX XX XXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 196 Spring 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
$345,542
Municipal exemptions
Recent tax assessments
Market value
$7,123,000
Assessed value
$3,205,350

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 $5,059,000 $2,276,550 $2,276,550 12.439% $283,180 $283,180 -15.42%
2024/25 $5,952,000 $2,678,400 $2,678,400 12.5% $334,800 $334,800 -4.56%
2023/24 $6,984,000 $3,142,800 $2,806,013 12.502% $350,808 $350,808 +3.44%
2022/23 $7,028,000 $3,162,600 $2,764,700 12.267% $339,146 $339,146 +1.26%
2021/22 $6,829,000 $3,073,050 $2,737,390 12.235% $334,920 $334,920 +3.06%
2020/21 $7,402,000 $3,330,900 $2,649,190 12.267% $324,976 $324,976 +0.95%
2019/20 $7,197,000 $3,238,650 $2,580,920 12.473% $321,918 $321,918 -3.95%
2018/19 $7,134,000 $3,210,300 $2,657,520 12.612% $335,166 $335,166 +8.91%
2017/18 $6,714,000 $3,021,300 $2,419,470 12.719% $307,732 $307,732 +8.66%
2016/17 $5,849,000 $2,632,050 $2,196,720 12.892% $283,201 $283,201 +7.50%

Permit information for 196 Spring Street, New York, NY

Filing date Job type Job status Job description Initial cost
06/05/2025 Alteration
06/03/2025 Alteration
03/06/2025 Alteration
02/24/2025 Alteration
02/13/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
08/29/1995 Ll6291-local law 62/91 - boilers
09/01/1994 Ll6291-local law 62/91 - boilers

*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
2

Subway & traffic

Closest station
6th Ave & Spring St at NE Corner
Station lines
C-E
Distance (miles)
0.048

Access the detailed traffic volume map for 196 Spring Street, New York, NY 10012 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 196 Spring Street, New York, NY 10012?

The development at 196 Spring Street, New York, NY 10012 was built in 1900.

What is the market value of 196 Spring Street, New York, NY 10012?

The current market value of 196 Spring Street, New York, NY 10012 is $7,123,000.

What is the total square footage of 196 Spring Street, New York, NY 10012?

196 Spring Street, New York, NY 10012 has a total of 15,839 square feet.

What is the price per square foot for this property?

$726 per square foot is the price for 196 Spring Street, New York, NY 10012.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

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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