New York City » 10002 » Canal St » 48 Canal St

48 Canal Street #2, New York, NY 10002 - Property report

Also known as: 48 Canal St #2

Property image for 48 Canal Street #2, New York, NY 10002

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Year built

1910

Lot sq. ft.

1,787

Sale price

$1,317,500

General information

Address

Primary address

48 Canal Street #2

ZIP code

10002

Neighborhood

Chinatown

Borough

Manhattan

Block & lot

00294-1002

Building

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Unit sq. ft.

1,331

Buildings on lot

Stories

Year built

1910

Basement

Sales

Sale date

05/02/2006

Sale price

$1,317,500

Tax

Tax year

2026-2027

Property tax

$15,133

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Distance to wide street

Lot sq. ft.

1,787

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

96 /100. Biker's Paradise

School district

Community district

Closest police station

0.31 Miles

Closest fire station

0.07 Miles

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

Ownership

Ownership information for 48 Canal Street #2, 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 48 Canal Street #2, New York, NY 10002

Sale date	Sale price	Buyer name	Seller name
05/02/2006	$1,317,500	XXXXXX, XXXXXX XXXXX	XXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/26/2014 - R 06/23/2014 - D	Discharge of Tax Lien (2014080400772001)	XXXXX XX XXXXXXXX XX XXX XXXXXXX XXXXXXXXXXX
04/08/2014 - R 03/26/2014 - D	Lien of Common Charges (2014040300380001)	XXXXXX XXXXXX XXXXX	XXXXX XX XXXXXXXX XX XXX XXXXXXX XXXXXXXXXXX
09/19/2013 - R 07/17/2013 - D	Satisfaction of Mortgage (2013071900255001)	XXXXXX XXXXXX X	XXXXXX XXXX
07/27/2010 - R 05/25/2010 - D	Agreement (2010072300106002)	XXXXXX XXXXXX XXXXX	XXXX
07/27/2010 - R 05/25/2010 - D	Mortgage (2010072300106001)	XXXXXX XXXXXX XXXXX	XXXX
06/13/2006 - R 06/01/2006 - D	Satisfaction of Mortgage (2006060102467001)	XXXXX XXXXX	XXXX
05/18/2006 - R 05/02/2006 - D	Power of Attorney (2006051101932003)	XXXXXX XXXXXX XXXXX	XX XXXX XXX XXXXXXX XXXXXXXXXXX
05/18/2006 - R 05/02/2006 - D	Mortgage (2006051101932002)	XXXXXX XXXXXX XXXXX	XXXX XXX
05/18/2006 - R 05/02/2006 - D	Deed (2006051101932001)	XXXXXXXX XXX	XXXXXX XXXXXX XXXXX
09/28/2005 - R 08/17/2005 - D	Deed (2005091901888001)	XXXXX XXXXX	XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48 Canal Street #2, 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

$15,133

Municipal exemptions

Recent tax assessments

Market value

$630,327

Assessed value

$283,647

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	$525,235	$236,355	$147,462	12.439%	$18,343	$15,117	+2.59%
2024/25	$437,714	$196,971	$142,893	12.5%	$17,862	$14,735	+7.55%
2023/24	$406,576	$182,959	$132,308	12.502%	$16,541	$13,701	-8.83%
2022/23	$440,383	$198,172	$122,507	12.267%	$15,028	$15,028	-17.63%
2021/22	$518,118	$233,153	$149,110	12.235%	$18,244	$18,244	+7.72%
2020/21	$502,994	$226,347	$138,065	12.267%	$16,936	$16,936	+0.34%
2019/20	$419,165	$188,624	$135,318	12.473%	$16,878	$16,878	+0.03%
2018/19	$349,304	$157,187	$133,786	12.612%	$16,873	$16,873	+7.09%
2017/18	$300,595	$135,268	$123,876	12.719%	$15,756	$15,756	+6.55%
2016/17	$282,468	$127,111	$114,700	12.892%	$14,787	$14,787	+2.10%

Permits

Permit information for 48 Canal Street #2, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Chinatown residential market stats

Access a detailed real estate market overview of Chinatown so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Chinatown and compare it to other neighborhoods in Manhattan.

Median sale price

$1,840,000

-30% Y-o-Y

Median price/sq. ft.

$1,501

-14.4% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% 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

Rutgers St & Broadway at NW Corner

Station lines

Distance (miles)

0.077

View subway map

Access the detailed traffic volume map for 48 Canal Street #2, New York, NY 10002 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Mesivta Tifereth Jerusalem	NR	No	Private	K-12	164	0.06
Mesivta Tifereth Jerusalem	NR	No	Private	K-12	154	0.06
P.S. 2 Meyer London	6	No	Public	PK, K-5	329	0.11
P.S. 2 Meyer London	6	No	Public	PK, K-5	329	0.11
P.S. 42 Benjamin Altman	10	No	Public	PK, K-5	482	0.11
P.S. 42 Benjamin Altman	10	No	Public	PK, K-5	482	0.11
P.S. 124 Yung Wing	9	No	Public	PK, K-5	520	0.21
P.S. 124 Yung Wing	9	No	Public	PK, K-5	520	0.21
Manhattan Charter School II	4	No	Charter	K-5	99	0.31
St Joseph School	NR	No	Private	PK, K-8	205	0.33

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Mesivta Tifereth Jerusalem	NR	No	Private	K-12	164	0.06
Mesivta Tifereth Jerusalem	NR	No	Private	K-12	154	0.06
Ms 131	4	No	Public	6-8	236	0.14
University Neighborhood Middle School	2	No	Public	6-8	160	0.31
St Joseph School	NR	No	Private	PK, K-8	205	0.33
Transfiguration Upper and Lower Campus	NR	No	Private	K-8	416	0.39
Transfiguration School	NR	No	Private	PK-8	428	0.39
P.S. 184 Shuang Wen	10	No	Public	PK, K-8	736	0.39
P.S. 126 Jacob August Riis	8	No	Public	PK, K-8	577	0.46
School For Global Leaders	6	No	Public	6-8	151	0.51

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Mesivta Tifereth Jerusalem	NR	No	Private	K-12	164	0.06
Mesivta Tifereth Jerusalem	NR	No	Private	K-12	154	0.06
Pace High School	4	No	Public	9-12	529	0.14
Emma Lazarus High School	4	No	Public	9-12	293	0.14
Essex Street Academy	5	No	Public	9-12	344	0.21
High School For Dual Language And Asian Studies	10	No	Public	9-12	373	0.21
Urban Assembly Academy Of Government And Law	6	No	Public	9-12	286	0.21
Lower Manhattan Arts Academy	2	No	Public	9-12	315	0.21
New Design High School	4	No	Public	9-12	455	0.21
Orchard Collegiate Academy	5	No	Public	9-12	271	0.31

Neighbors for 48 Canal Street #2, New York, NY

7 Essex St, New York 263 Grand St, New York 61 Chrystie St, New York 28 Forsyth St, New York 271-285 Henry St, New York 10 Market St, New York 145 Hester St, New York 99 Bowery, New York 39 Bowery, New York 90 E Broadway, New York 1 Division St, New York 23 Orchard St, New York 92 Hester St, New York 97 Bowery, New York 130 Canal St, New York 101 Bowery, New York 6 1/2 Eldridge St, New York 79 Division St, New York 85 E Broadway, New York

Frequently asked questions

What is the year built for 48 Canal Street #2, New York, NY 10002?

The development at 48 Canal Street #2, New York, NY 10002 was built in 1910.

What is the total square footage of 48 Canal Street #2, New York, NY 10002?

48 Canal Street #2, New York, NY 10002 has a total of 1,331 square feet.

When was 48 Canal Street #2, New York, NY 10002 last sold and what was the sale price?

48 Canal Street #2, New York, NY 10002 was last sold on 05/02/2006 for $1,317,500.

What is the assessed value of 48 Canal Street #2, New York, NY 10002?

48 Canal Street #2, New York, NY 10002 is currently assessed at $283,647.

What are the property taxes for 48 Canal Street #2, New York, NY 10002?

The property taxes for 48 Canal Street #2, New York, NY 10002 total $18,342.

How many residential units does this building have?

This building has 7 residential unit(s).

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.