Office building with commercial space · Dumbo, Brooklyn

10 Jay Street

Brooklyn, NY 11201

10 Jay Street is a 10-floor office building with commercial space in Dumbo, Brooklyn, built in 1898, with about 160,000 square feet of office space according to city records.

Also at 10-18 Jay Street, 21-41 John Street and 17 Pearl Street.

Office space
160K SF
Floors
10
Year built
1898
Zoning
M1-4/R8A

Office space next to its nearest neighbors

  1. 20 Jay Street1 min walk418K SF
  2. 35 Jay Street1 min walk183K SF
  3. 10 Jay StreetThis building160K SF
  4. 195 Plymouth Street2 min walk45K SF

The 8th largest of the 16 office buildings we track in Dumbo. Compare it with 6 neighbors

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Compared with its neighbors

How 10 Jay Street compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 10 Jay Street ranks 3rd of 7 by office floor area. Built in 1898, it is the oldest of them. Its estimated property tax, about $16.41 a square foot of floor area before abatements, is above the neighbors' median of $8.46.

10 Jay Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
10 Jay StreetThis building160K SF101898$16.41
20 Jay Street1 min walk418K SF111909$7.49
35 Jay Street1 min walk183K SF112023$25.44
195 Plymouth Street2 min walk45K SF61910$8.58
18 Bridge Street2 min walk47K SF41902$4.44
68 Jay Street3 min walk128K SF101915$8.34
39 Washington Street3 min walk130K SF91904$10.68
The 8th largest of the 16 office buildings we track in Dumbo: see the full list

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
10-18 Jay Street; 21-41 John Street; 17 Pearl Street
ZIP code
11201
Building type
Office building with commercial space (city class O6)
Total floor area
174,493 SF
Commercial floor area
174,493 SF
Office
160,212 SF
Retail
10,281 SF
Height
10 floors
Average floor
About 17,400 SF (floor area divided by floors)
Year built
1898
Last major alteration
2015
Lot area
19,682 SF
Zoning district
M1-4/R8A
Built FAR
8.87
Max commercial FAR
2
Historic district
DUMBO Historic District
Tax lot (BBL)
3000010050

Nearest subway

  • York St4 min walk · Not accessible
  • High St8 min walk · Not accessible
  • Clark St12 min walk · Not accessible

Nearby large buildings

All 9 large office buildings on Jay Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses 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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists SAFDI PLAZA PROPERTY LLC as the owner of record. For tax year 2026/27 the city values 10 Jay Street at $73.2 million and assesses it at $33 million. After phase-ins and exemptions its taxable value is $26.4 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 $2.86 million a year before abatements, roughly $16.41 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.

Owner of record
SAFDI PLAZA PROPERTY LLC
Tax class
Class 4 (commercial and industrial)
City market value
$73,245,000
Land market value
$1,854,000
Assessed value
$32,960,250
Taxable value (phased in)
$26,403,390
Estimated yearly tax
About $2.86 million
Tax per SF of floor area
About $16.41

City market value by tax year

  • 2022/23$46 million
  • 2023/24$49.1 million
  • 2024/25$58.1 million
  • 2025/26$67 million
  • 2026/27$73.2 million

Market value rose 59% from 2022/23 ($46 million) to 2026/27.

How Dumbo compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

Source: 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; 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.

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SEC filings (EDGAR)

Companies with offices here

One public company and one investment manager give 10 Jay Street as their office address in SEC filings.

Public company

Principal executive office on their latest 10-K or 10-Q

  • RENT THE RUNWAY, INC. (RENT)10-Q, Sep 2026

Investment manager

Office address on their latest 13F holdings report

  • Kora Management LP13F, Aug 2026

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.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

10 Jay Street reported an ENERGY STAR score of 74 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 74.9 kBtu per square foot, 29% below the national median of 106 for a similar property. Its greenhouse gas emissions were about 1,113 metric tons of CO2e (6.38 kg per square foot).

ENERGY STAR score (2024)
74 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
74.9 kBtu/SF
National median for the type
106 kBtu/SF
Greenhouse gas emissions
1,113 t CO2e
Emissions per SF
6.38 kg CO2e
Floor area in the filing
174,493 SF

ENERGY STAR score by year

  • 202269 (C)
  • 202375 (B)
  • 202474 (B)

Energy sources in 2024

  • Electricity52%
  • Natural gas48%

Share of the energy used on site, as filed.

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 10 Jay Street comes to about 907 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,323 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 470 tons and the same energy use counts as about 622 tons, about 153 tons over, or an estimated $41,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
1,323 t CO2e
Estimated emissions
907 t CO2e
Under the limit by
415 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
470 t CO2e
Estimated emissions
622 t CO2e
Over the limit by
153 t CO2e
Estimated penalty a year
$41,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 174,493 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.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 10 Jay Street? 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 10 Jay Street in the 12 months to October 2026; the last one was first permitted in November 2023.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
November 2023
Interior build-outs, last 24 months
0

New jobs by year

  • 20210
  • 20224
  • 20238
  • 20240
  • 20250
  • 2026 to date0

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.

Landmarks Preservation Commission records

Architecture and history

10 Jay Street was designed by George M. Newhall Engineering Company and built in 1897-1898. It stands in the DUMBO Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
George M. Newhall Engineering Company
Constructed
1897-1898
Style
Altered American Round Arch
Primary material
Steel
Built as
Factory

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.

No office space listed in Dumbo yet

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Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 10 Jay Street

How big is 10 Jay Street?

10 Jay Street has about 174,000 square feet of floor area in total, including 160,000 square feet of office and 10,000 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 10 Jay Street built?

The Landmarks Preservation Commission's building records date 10 Jay Street to 1897-1898, designed by George M. Newhall Engineering Company. The building is 10 floors tall.

Who designed 10 Jay Street?

George M. Newhall Engineering Company, according to the Landmarks Preservation Commission's building records, which list the style as Altered American Round Arch and its original use as a factory.

What other addresses does 10 Jay Street have?

City records list 10-18 Jay Street, 21-41 John Street and 17 Pearl Street on the same tax lot (BBL 3000010050) as 10 Jay Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 10 Jay Street?

10 Jay Street is in ZIP code 11201, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 10 Jay Street, Brooklyn, NY 11201, in Dumbo.

What is the zoning at 10 Jay Street?

The lot is in the M1-4/R8A zoning district. PLUTO lists a built floor area ratio (FAR) of 8.87 and a maximum commercial FAR of 2 for this lot. It is inside the DUMBO Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to 10 Jay Street?

The closest subway station to 10 Jay Street is York St (the F train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: High St (the A and C trains), 8 min walk; Clark St (the 2 and 3 trains), 12 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 10 Jay Street?

The NYC Department of Finance's 2026/27 assessment roll lists SAFDI PLAZA PROPERTY LLC as the owner of record of 10 Jay Street (BBL 3000010050). 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 10 Jay Street?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 10 Jay Street. One public company reports the address as its principal executive office: RENT THE RUNWAY, INC. (RENT). One investment manager files 13F holdings reports from the address: Kora Management LP. 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 10 Jay Street?

10 Jay Street reported an ENERGY STAR score of 74 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 74 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 74.9 kBtu per square foot, 29% below the national median of 106 for a similar property. Its greenhouse gas emissions were about 1,113 metric tons of CO2e (6.38 kg per square foot).

Does 10 Jay Street meet Local Law 97?

At its 2024 energy use, 10 Jay Street comes to about 907 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,323 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 470 tons and the same energy use counts as about 622 tons, about 153 tons over, or an estimated $41,000 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 10 Jay Street?

The Department of Buildings issued no permits for new jobs at 10 Jay Street in the 12 months to October 2026; the last one was first permitted in November 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 3000010050. 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 10 Jay Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $26.4 million for 10 Jay Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.86 million a year, roughly $16.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3000010050 show the actual bill.

What is the assessed value of 10 Jay Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 10 Jay Street at $73.2 million ($1.85 million of it land) and its assessed value at $33 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 59% from 2022/23 ($46 million) to 2026/27.

Is there office space for lease at 10 Jay Street?

No space at 10 Jay Street 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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