Office building with commercial space · Financial District, Manhattan
New York Mercantile Exchange
1 North End Avenue, New York, NY 10282
The New York Mercantile Exchange (1 North End Avenue) is a 16-floor office building with commercial space in the Financial District, Manhattan, built in 1997, with about 500,000 square feet of office space according to city records.
Also at 300 Vesey Street.
- Office space
- 500K SF
- Floors
- 16
- Year built
- 1997
- Zoning
- BPC
The 46th largest of the 106 office buildings we track in the Financial District. Compare it with 6 neighbors
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Compared with its neighbors
How the New York Mercantile Exchange compares
Next to the 6 nearest large office buildings, all within a 5 minute walk, the New York Mercantile Exchange ranks 6th of 7 by office floor area. It went up in 1997; the median neighbor dates from 1986. Its property tax is fully exempt on the city's assessment roll.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| New York Mercantile Exchange, 1 North End Avenue | 500K SF | 16 | 1997 | Exempt |
| 250 Vesey Street | 1.7M SF | 34 | 1986 | Exempt |
| 200 Vesey Street | 2.1M SF | 54 | 1986 | Exempt |
| 200 West Street | 2.2M SF | 45 | 2009 | Exempt |
| 225 Liberty Street | 2.0M SF | 44 | 1987 | Exempt |
| 125 Barclay Street | 265K SF | 11 | 1932 | $10.80 |
| 101 Barclay Street | 1.1M SF | 26 | 1983 | $10.00 |
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
- Building name
- New York Mercantile Exchange
- Other address
- 300 Vesey Street
- ZIP code
- 10282
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 502,000 SF
- Commercial floor area
- 502,000 SF
- Office
- 499,500 SF
- Retail
- 2,500 SF
- Height
- 16 floors
- Average floor
- About 31,400 SF (floor area divided by floors)
- Year built
- 1997
- Lot area
- 42,342 SF
- Zoning district
- BPC
- Built FAR
- 11.86
- Tax lot (BBL)
- 1000160225
Nearest subway
- WTC Cortlandt
- World Trade Center
- Chambers St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses and building name from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 4 storefronts at the New York Mercantile Exchange for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.
- Storefronts registered for December 31, 2025
- 4
- Vacant that day
- 1
- Share vacant across the Financial District
- 16.3%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 1 North End Avenue? Listing it is free, and it is matched against every active requirement for retail space in the Financial District the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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
Owner, property tax and assessed value
The Department of Finance lists BOP ONE NORTH END LLC as the owner of record. For tax year 2026/27 the city values the New York Mercantile Exchange at $188.3 million and assesses it at $84.7 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- BOP ONE NORTH END LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $188,257,000
- Land market value
- $26,400,000
- Assessed value
- $84,715,650
- Exemptions
- $84,715,650
- Estimated yearly tax
- Fully exempt on the roll
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
Own or manage 1 North End Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
SEC filings (EDGAR)
Companies with offices here
2 public companies and 4 investment managers and funds give 1 North End Avenue as their office address in SEC filings.
Public companies
Investment managers and funds
Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.
Have space to sublease at 1 North End Avenue? List it free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
The New York Mercantile Exchange reported an ENERGY STAR score of 73 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 88.4 kBtu per square foot, 22% below the national median of 113.2 for a similar property. Its greenhouse gas emissions were about 4,757 metric tons of CO2e (9.22 kg per square foot).
- ENERGY STAR score (2024)
- 73 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 88.4 kBtu/SF
- National median for the type
- 113.2 kBtu/SF
- Greenhouse gas emissions
- 4,757 t CO2e
- Emissions per SF
- 9.22 kg CO2e
- Floor area in the filing
- 515,942 SF
- ENERGY STAR certified
- 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024
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 2026-10-16; 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.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at the New York Mercantile Exchange. In the last two years, interior work was permitted on 11 floors (floors 1 to 10 and 14). The newest build-out, on floor 14, was first permitted in October 2026 (construction; filed cost estimate $27,000).
- New jobs, last 12 months
- 5
- Initial permits, last 12 months
- 18
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 to 10 and 14
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across the Financial DistrictWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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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Before you sign
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Questions about New York Mercantile Exchange
How big is the New York Mercantile Exchange?
The New York Mercantile Exchange has about 502,000 square feet of floor area in total, including 500,000 square feet of office and 3,000 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 the New York Mercantile Exchange built?
City records list 1997 as the year built. The building is 16 floors tall.
What is the address of the New York Mercantile Exchange?
The New York Mercantile Exchange is at 1 North End Avenue in the Financial District, Manhattan. City records list 300 Vesey Street on the same tax lot (BBL 1000160225). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1 North End Avenue?
1 North End Avenue is in ZIP code 10282, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The New York Mercantile Exchange is at 1 North End Avenue, New York, NY 10282, in the Financial District.
What is the zoning at the New York Mercantile Exchange?
The lot is in the BPC zoning district. PLUTO lists a built floor area ratio (FAR) of 11.86 for this lot.
What subway station is closest to the New York Mercantile Exchange?
The closest subway station to the New York Mercantile Exchange is WTC Cortlandt (the 1 train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. The MTA lists it as an accessible station. Also nearby: World Trade Center (the E, 2, 3, A, C, R and W trains, connected to Cortlandt St and Chambers St and Park Place), 8 min walk; Chambers St (the 1, 2 and 3 trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the New York Mercantile Exchange?
The NYC Department of Finance's 2026/27 assessment roll lists BOP ONE NORTH END LLC as the owner of record of the New York Mercantile Exchange (BBL 1000160225). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Who are the tenants at the New York Mercantile Exchange?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the New York Mercantile Exchange. 2 public companies report the address as their principal executive office: FLUENT, INC. (FLNT); and GALAXY DIGITAL INC. (GLXY). 4 investment managers and funds file 13F holdings reports from the address, including Galaxy Digital Capital Management GP LLC, Galaxy Digital GP LLC and Galaxy Digital LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.
What is the energy grade of the New York Mercantile Exchange?
The New York Mercantile Exchange reported an ENERGY STAR score of 73 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 73 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 88.4 kBtu per square foot, 22% below the national median of 113.2 for a similar property. Its greenhouse gas emissions were about 4,757 metric tons of CO2e (9.22 kg per square foot).
Is there construction at the New York Mercantile Exchange?
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at the New York Mercantile Exchange. In the last two years, interior work was permitted on 11 floors (floors 1 to 10 and 14). The newest build-out, on floor 14, was first permitted in October 2026 (construction; filed cost estimate $27,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1000160225. 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 the New York Mercantile Exchange?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of the New York Mercantile Exchange, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1000160225 show what is actually billed.
What is the assessed value of the New York Mercantile Exchange?
For tax year 2026/27, the NYC Department of Finance puts the market value of the New York Mercantile Exchange at $188.3 million ($26.4 million of it land) and its assessed value at $84.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 38% from 2022/23 ($136.8 million) to 2026/27.
Are there vacant storefronts at the New York Mercantile Exchange?
Owners registered 4 storefronts at the New York Mercantile Exchange for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at the New York Mercantile Exchange?
No space at 1 North End Avenue 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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