250 Bowery, Manhattan, NY 10012

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Building

Building size51,184 sq ft
Building dimensions83.33 × 93 ft
Year built2010

Lot

Lot dimensions21 × 90.92 ft
Lot area7,685 sq ft
FEMA flood zoneX — minimal risk

Details

Units27
ZoningC6-1
Building classR0
OwnershipCondominium
Block / lotBlock 507 / Lot 7502

Floor Area Ratio (FAR)

Built FAR4.50
Max residential FAR3.44
Max commercial FAR6.00
Max facility FAR6.50

Taxes

Tax class2
Rent regulatedUnknown

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About this property

250 Bowery was built in 2010 — roughly 16 years old. This is a condominium of 27 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.

The building already exceeds what current residential zoning would allow (4.50 built FAR vs. a residential maximum of 3.44) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. 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.