Address, Ownership, and Building Profile
30 Cornelia Street is a residential building located in the West Village neighborhood of Manhattan, New York City, with a primary address at 30 Cornelia Street, New York, NY 10014. The structure sits in close proximity to Hudson River Park and the High Line, placing it in a high-demand residential corridor with direct transit access via the 1 train and multiple bus routes MTA.
Ownership records for 30 Cornelia Street are tied to a limited liability company registered in New York State, with property filings available through the New York City Department of Finance NYC DOF. The building is classified as a residential condominium or rental structure depending on the specific unit configuration, and its lot size and floor area ratio are governed by current zoning resolutions for the Hudson Square and West Village area.
Zoning, Regulations, and Development Context
Zoning Designation and Floor Area Ratio
The parcel at 30 Cornelia Street falls within a special zoning district that blends residential use with commercial and mixed-use allowances along adjacent corridors, reflecting the broader Hudson Square rezoning initiatives. Current zoning resolutions dictate maximum building height, setback requirements, and permitted floor area ratios that shape the development potential of the site NYC Zoning.
Land Use and Permitting
Land use approvals for properties in this area are administered by the New York City Department of Buildings and the City Planning Commission, with any major alterations or new construction requiring review under the Uniform Land Use Review Procedure ULURP. Recent certificate of occupancy filings and alteration permits for the building can be traced through the DOB NOW portal, which provides public access to inspection reports and approved plans.
Market Value, Transactions, and Comparable Sales
Valuation Trends and Recent Sales
Property tax assessments and market valuations for 30 Cornelia Street reflect the broader West Village and Hudson Square submarket, where residential property prices have remained elevated due to limited inventory and proximity to transit and parks. Recent comparable sales in the immediate vicinity provide benchmarks for per-square-foot pricing, with transactions recorded on the NYC ACRIS system ACRIS.
Investment and Rental Market Data
Rental listings and investment activity around 30 Cornelia Street indicate strong demand for both condominium and rental units, supported by the neighborhood's mix of residential, retail, and office space. Capitalization rates for similar West Village assets are influenced by operating expenses, tenant mix, and the broader interest rate environment, with data available through commercial real estate platforms and SEC filings for publicly traded real estate investment trusts SEC.