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| Building size | 10,795 sq ft |
|---|---|
| Building dimensions | 25 × 74.58 ft |
| Stories | 6 |
| Sq ft per floor | 1,799 sq ft |
| Year built | 1856 |
| Lot dimensions | 25 × 74.58 ft |
|---|---|
| Lot area | 1,860 sq ft |
| FEMA flood zone | X — minimal risk |
| Units | 5 |
|---|---|
| Zoning | C62A |
| Building class | R0 |
| Ownership | Condominium |
| Construction | Brownstone / Stone (landmarks record) |
| Block / lot | Block 144 / Lot 7503 |
| Built FAR | 4.93 |
|---|---|
| Max residential FAR | 6.02 |
| Max commercial FAR | 6.00 |
| Max facility FAR | 6.50 |
| Tax class | 2 |
|---|---|
| Rent regulated | Unlikely |
Terms on this page, explained →
159 Duane Street was built in 1856 — roughly 170 years old. This is a condominium of 5 units — each unit is its own tax lot with its own bill. Search with a unit number for unit-level figures. For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value.
City landmark records describe it as an Italianate store and lofts dating to 1855 - 1856, originally used as commercial, store and lofts. It was built for Alfred F. Lagrave. It stands within the Tribeca West Historic District.
The building uses about 82% of the residential density its zoning allows (4.93 built FAR vs. a residential maximum of 6.02) — roughly 2,027 sq ft of unused development rights, which can matter for renovations, expansions, or air-rights value. Those figures are for residential use — a community-facility use (a doctor’s office, clinic, or school) raises the ceiling to 6.50 FAR, and the lot also carries a commercial allowance of 6.00 FAR.
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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.