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198 Canal Street #501, New York, NY 10013 Property Information

198 Canal Street #501, New York, NY 10013 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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198 Canal Street #501, New York, NY 10013 2
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Address

Primary address 198 Canal Street #501
Secondary address 198-200 Canal St
Neighborhood Chinatown
Zip code 10013
Borough Manhattan
Block & lot 00200-1013

Sales & Tax Overview for 198 Canal Street #501, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 04/18/2003
Purchase price $509,565
Tax class
Estimated property tax $6,737

Lot & Building Information for 198 Canal Street #501, New York

Lot sq. ft. 5,025
Property type Office Space (RB)
Building sqft 943
Buildings on lot 1
Year built 1915
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Zoning & Use for 198 Canal Street #501, New York

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 3
Closest police station 0.05 Miles
Closest fire station 0.24 Miles

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

Unit Overview

Unit # 501
Square feet 943
Condo complex 100801

Other Property Data for 198 Canal Street #501, 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 198 Canal Street #501, New York, NY 10013, 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 198 Canal Street #501, New York, NY 10013, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 198-200 Canal St, New York, NY 10013

About 198 Canal Street #501, New York

How many sq. ft. does 198 Canal Street #501, New York, NY 10013 have & what is the price per sq. ft?

This Office Space (RB) located at 198 Canal Street #501, New York, NY 10013 has a total of 943 square feet and a current price per square foot of $540.

What is the year built & the current market value of 198 Canal Street #501, New York, NY 10013?

198 Canal Street #501, New York, NY 10013 was built in 1915 and has a current tax assessor's market value of $143,372.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 198 Canal Street #501, New York

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Property owner name for 198 Canal Street #501, New York, NY 10013
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Building contacts for 198 Canal Street #501, New York, NY 10013
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 198 Canal Street #501, New York

Create a free account to view the complete sales history for 198 Canal Street #501, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/18/2003 $509,565

Title Documents for 198 Canal Street #501, 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
05/24/2023 - D
06/01/2023 - R
Termination of Assign of L&R
(2023060100428003)
05/24/2023 - D
06/01/2023 - R
Termination of Assign of L&R
(2023060100428002)
05/24/2023 - D
06/01/2023 - R
Satisfaction of Mortgage
(2023060100428001)
05/12/2023 - R UCC3 Termination
(2023051101076001)
12/02/2022 - R UCC3 Continuation
(2022120200730001)
12/08/2017 - R UCC3 Continuation
(2017120700135001)
04/16/2013 - R Initial UCC1
(2013041101600001)
04/10/2013 - D
05/07/2013 - R
Assignment of Leases and Rents
(2013042401555003)
04/10/2013 - D
05/07/2013 - R
Agreement
(2013042401555002)
04/10/2013 - D
05/07/2013 - R
Mortgage
(2013042401555001)
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R: Recorded date
D: Document date

Property Taxes for 198 Canal Street #501, New York

Access detailed property tax data for 198 Canal Street #501, New York, NY 10013. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,415
Estimated property tax: $6,737
Tax assessor's market value: $143,372
Assessed value: $64,517

Assessment History for 198 Canal Street #501, New York

Here's the assessment & property tax history for 198 Canal Street #501, 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 $143,372 $64,517 $59,139 10.848% $6,415 $6,415 -3.01%
2024/25 $140,218 $63,098 $61,463 10.762% $6,615 $6,615 +2.77%
2023/24 $135,040 $60,768 $60,768 10.592% $6,437 $6,437 +7.34%
2022/23 $125,170 $56,327 $56,326 10.646% $5,996 $5,996 +9.34%
2021/22 $113,314 $50,991 $50,991 10.755% $5,484 $5,484 -32.65%

Permits for 198 Canal Street #501, New York

The complete history of permits filed for 198 Canal Street #501, 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.

No recorded permits for this property.

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
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Transportation

Distance to Subway
Closest station Centre St & Canal St at SW Corner
Station lines J-N-Q-R-Z-6
Distance (miles) 0.125
View subway map
Bus Routes
Name Bowery/Canal St
Line M103
Distance (miles) 0.119

Neighbors for 198 Canal Street #501, New York

Here are the neighbors for 198 Canal Street #501, New York, NY 10013.

Address Square feet Purchase date Purchase price
405 E 119th St, New York
35 E 125th St, New York 92,969 06/13/2000
370 W 52nd St, New York 9,764 03/22/2017
81 E 3rd St, New York 36,047 05/12/2016
600 W 139th St, New York 19,140 11/01/2010 $3,616,178
340 Madison Ave, New York 558,735 03/13/2025 $161,274,400
17 W 102nd St, New York 46,240 12/31/1997
378 3rd Ave, New York 15,688 12/04/2006 $6,700,000
100 Jane St, New York 123,646 09/29/2009
97 Greenwich Ave, New York 25,000 02/10/2006
35 W 35th St, New York 67,755 09/08/1999
22 W 123rd St, New York 2,484 04/20/2016
114 W 40th St, New York 126,398 07/31/1997
313 W 49th St, New York 02/22/2013
600 Columbus Ave, New York 175,086 05/26/2023 $120,000,000
22 E 119th St, New York 65,510 12/03/1974
630 Riverside Dr, New York 23,542 12/23/2008 $1
186 E 93rd St, New York 3,300 06/02/2017
8 E 54th St, New York 09/26/2006
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