Office building with commercial space · Chinatown, Manhattan
1 Chatham Square
New York, NY 10038
1 Chatham Square is a 12-floor office building with commercial space in Chinatown, Manhattan, built in 1977, with about 47,000 square feet of office space according to city records.
Also at 1-3 Chatham Square, 2-4 Chatham Square and 2-4 Mott Street.
- Office space
- 47K SF
- Floors
- 12
- Year built
- 1977
- Zoning
- C6-1G
The 2nd largest of the 8 office buildings we track in Chinatown. Compare it with 6 neighbors
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Compared with its neighbors
How 1 Chatham Square compares
Next to the 6 nearest large office buildings, all within a 6 minute walk, 1 Chatham Square ranks 3rd of 7 by office floor area. It went up in 1977; the median neighbor dates from 1920. Its estimated property tax, about $10.84 a square foot of floor area before abatements, is above the neighbors' median of $10.04.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 1 Chatham Square | 47K SF | 12 | 1977 | $10.84 |
| 210 Canal Street | 36K SF | 6 | 1920 | $11.19 |
| 41 Elizabeth Street | 39K SF | 7 | 1920 | $8.88 |
| 94 Mott Street | 36K SF | 6 | 1920 | $7.61 |
| 75 Centre Street | 353K SF | 10 | 1934 | Exempt |
| 100 East Broadway | 47K SF | 14 | 2017 | $11.41 |
| David N Dinkins Municipal Building, 1 Centre Street | 1.1M SF | 39 | 1914 | Exempt |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 1-3 Chatham Square; 2-4 Chatham Square; 2-4 Mott Street
- ZIP code
- 10038
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 51,837 SF
- Commercial floor area
- 51,837 SF
- Office
- 46,880 SF
- Retail
- 4,957 SF
- Height
- 12 floors
- Average floor
- About 4,300 SF (floor area divided by floors)
- Year built
- 1977
- Lot area
- 4,980 SF
- Zoning district
- C6-1G
- Built FAR
- 10.41
- Max commercial FAR
- 6
- Tax lot (BBL)
- 1001620001
Nearest subway
- Chambers St
- Canal St
- Grand St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 2 storefronts at 1 Chatham Square for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2024
- 2
- Vacant that day
- 0
- Share vacant across Chinatown
- 8.7%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Chinatown? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Property tax and assessed value
For tax year 2026/27 the city values 1 Chatham Square at $11.5 million and assesses it at $5.18 million. After phase-ins and exemptions its taxable value is $5.18 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $561,872 a year before abatements, roughly $10.84 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $11,510,000
- Land market value
- $2,200,000
- Assessed value
- $5,179,500
- Estimated yearly tax
- About $561,872
- Tax per SF of floor area
- About $10.84
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-08; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 1 Chatham Square? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
1 Chatham Square reported an ENERGY STAR score of 79 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 65.7 kBtu per square foot, 36% below the national median of 102.9 for a similar property. Its greenhouse gas emissions were about 364 metric tons of CO2e (7.02 kg per square foot).
- ENERGY STAR score (2024)
- 79 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 65.7 kBtu/SF
- National median for the type
- 102.9 kBtu/SF
- Greenhouse gas emissions
- 364 t CO2e
- Emissions per SF
- 7.02 kg CO2e
- Floor area in the filing
- 51,837 SF
ENERGY STAR score by year
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-08; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 1 Chatham Square comes to about 281 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 409 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 149 tons and the same energy use counts as about 167 tons, about 18 tons over, or an estimated $4,700 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 409 t CO2e
- Estimated emissions
- 281 t CO2e
- Under the limit by
- 128 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 149 t CO2e
- Estimated emissions
- 167 t CO2e
- Over the limit by
- 18 t CO2e
- Estimated penalty a year
- $4,700
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 44,651 SF; Bank Branch 7,186 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
Own or manage 1 Chatham Square? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 1 Chatham Square in the 12 months to October 2026; the last one was first permitted in June 2022.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- June 2022
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across ChinatownWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
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Questions about 1 Chatham Square
How big is 1 Chatham Square?
1 Chatham Square has about 52,000 square feet of floor area in total, including 47,000 square feet of office and 5,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 1 Chatham Square built?
City records list 1977 as the year built. The building is 12 floors tall.
What other addresses does 1 Chatham Square have?
City records list 1-3 Chatham Square, 2-4 Chatham Square and 2-4 Mott Street on the same tax lot (BBL 1001620001) as 1 Chatham Square. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1 Chatham Square?
1 Chatham Square is in ZIP code 10038, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1 Chatham Square, New York, NY 10038, in Chinatown.
What is the zoning at 1 Chatham Square?
The lot is in the C6-1G zoning district. PLUTO lists a built floor area ratio (FAR) of 10.41 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 1 Chatham Square?
The closest subway station to 1 Chatham Square is Chambers St (the J, Z, 4, 5 and 6 trains, connected to Brooklyn Bridge-City Hall), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: Canal St (the 6, J, N, Q, R, W and Z trains), 6 min walk; Grand St (the B and D trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
What is the energy grade of 1 Chatham Square?
1 Chatham Square reported an ENERGY STAR score of 79 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 79 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 65.7 kBtu per square foot, 36% below the national median of 102.9 for a similar property. Its greenhouse gas emissions were about 364 metric tons of CO2e (7.02 kg per square foot).
Does 1 Chatham Square meet Local Law 97?
At its 2024 energy use, 1 Chatham Square comes to about 281 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 409 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 149 tons and the same energy use counts as about 167 tons, about 18 tons over, or an estimated $4,700 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at 1 Chatham Square?
The Department of Buildings issued no permits for new jobs at 1 Chatham Square in the 12 months to October 2026; the last one was first permitted in June 2022. These are the Department of Buildings' DOB NOW work permits for tax lot 1001620001. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 1 Chatham Square?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.18 million for 1 Chatham Square. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $561,872 a year, roughly $10.84 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1001620001 show the actual bill.
What is the assessed value of 1 Chatham Square?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1 Chatham Square at $11.5 million ($2.2 million of it land) and its assessed value at $5.18 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 2% from 2022/23 ($11.7 million) to 2026/27.
Are there vacant storefronts at 1 Chatham Square?
Owners registered 2 storefronts at 1 Chatham Square for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 1 Chatham Square?
No space at 1 Chatham Square is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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