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Building Analysis · Greenwich Village & West Village · FY2026–27 DOF Roll

150 Charles Street: $5.1 million a year in pied-à-terre tax

150 Charles Street ranks #13 of the 122 trophy buildings we track for total pied-à-terre tax exposure and #2 in Greenwich Village & West Village. Of its 91 residences, 75 sit over the $1,000,000 line — and the surcharge on them totals an estimated $5.1 million every year.

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91
residential units on the roll
75
over the $1M threshold (82%)
$5.1M
est. total surcharge / year
$1.43M
median DOF market value
$182K
top unit's annual surcharge

Figures computed from the FY2026–27 DOF assessment roll. Surcharge estimated at the flat Phase-1 rates (4% $1–3M, 5.25% $3–5M, 6.5% over $5M) on each unit's full DOF market value; applies to non-primary residences only.

The quantitative picture

DOF market values at 150 Charles Street run from about $304,917 at the low end to $3,472,354 at the top, with a median of $1,429,940 — meaning the typical unit already clears the $1M threshold. A median unit that isn't a primary residence owes roughly $57,198 a year (4% of its full DOF value); the building's most valuable residence owes about $182,299 a year at the 5.25% rate. Across the 75 exposed units, the surcharge totals an estimated $5.1 million annually — an average of about $67,342 per exposed unit.

Of those 75 exposed units, 73 carry DOF values between $1M and $3M (the 4% band), 2 between $3M and $5M (5.25%), and 0 above $5M (6.5%) — most exposed units sit in the 4% band, just over the line — a $1.5M DOF value owes $60,000 a year, not a rounding error.

The last three closed sales

From ACRIS, the building's three most recent recorded deeds over $1 million:

DateResidenceRecorded price
Aug 17, 20263FN$7,100,000
Jun 5, 20263FS$5,250,000
Jan 16, 202614B$16,250,000

Note the gap between these prices and the tax base: the surcharge is charged on the DOF market value — an income-derived figure that runs far below open-market numbers — not on what a unit trades for. A residence that closes at $7.1M does not owe 6.5% of $7.1M; it owes the flat rate on its (much lower) DOF market value. That distinction is the single most misunderstood part of the tax, and the reason a free DOF-value lookup is worth more than any sale-price estimate.

The building

150 Charles Street is a condominium building completed in 2015, designed by COOKFOX Architects and developed by The Witkoff Group. It incorporates a former Whitehall storage facility and has a distinctive red-brick façade that transitions to black metal on the upper floors.

Where it is

150 Charles Street, Greenwich Village & West Village.

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Disclaimer & method. Educational information from Conquest, a licensed New York real estate brokerage — not legal, tax, or accounting advice. Building figures are computed from the FY2026–27 DOF assessment roll at the statutory flat Phase-1 rates (4% $1–3M, 5.25% $3–5M, 6.5% over $5M) on each unit's full DOF market value, and represent exposure if every over-threshold unit were a non-primary residence; actual liability depends on each owner's occupancy and exemptions. Sale prices are recorded deeds from ACRIS.

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