Office building with commercial space · Tribeca, Manhattan
117 Duane Street
New York, NY 10007
117 Duane Street is a 15-floor office building with commercial space in Tribeca, Manhattan, built in 1954, with about 310,000 square feet of office space according to city records.
Also at 195-207 Church Street, 117-125 Duane Street and 32-40 Thomas Street.
- Office space
- 310K SF
- Floors
- 15
- Year built
- 1954
- Zoning
- C6-4
The 12th largest of the 36 office buildings we track in Tribeca. Compare it with 6 neighbors
No space at 117 Duane Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Tribeca and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
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Compared with its neighbors
How 117 Duane Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 117 Duane Street ranks 2nd of 7 by office floor area. Built in 1954, it is the newest of them. Its property tax is fully exempt on the city's assessment roll.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 117 Duane Street | 310K SF | 15 | 1954 | Exempt |
| Mutual Reserve Fund Life Association Building, 305 Broadway | 122K SF | 14 | 1894 | $7.75 |
| 40 Worth Street | 543K SF | 16 | 1929 | $10.02 |
| 299 Broadway | 242K SF | 18 | 1910 | $9.35 |
| 71 Thomas Street | 101K SF | 7 | 1891 | $17.85 |
| 325 Broadway | 40K SF | 5 | 1864 | $11.71 |
| 291 Broadway | 123K SF | 19 | 1911 | $8.99 |
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
- 195-207 Church Street; 117-125 Duane Street; 32-40 Thomas Street
- ZIP code
- 10007
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 314,784 SF
- Commercial floor area
- 314,784 SF
- Office
- 309,784 SF
- Retail
- 5,000 SF
- Height
- 15 floors
- Average floor
- About 21,000 SF (floor area divided by floors)
- Year built
- 1954
- Last major alteration
- 1981
- Lot area
- 17,500 SF
- Zoning district
- C6-4
- Built FAR
- 17.99
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1001510010
Nearest subway
- Chambers St
- Chambers St
- City Hall
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 NEW YORK STATE INSURANCE FUND as the owner of record. For tax year 2026/27 the city values 117 Duane Street at $68.4 million and assesses it at $30.8 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
- NEW YORK STATE INSURANCE FUND
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $68,358,000
- Land market value
- $10,300,000
- Assessed value
- $30,761,100
- Exemptions
- $30,761,100
- 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.
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SEC filings (EDGAR)
Companies with offices here
One investment manager gives 117 Duane Street as its office address in SEC filings.
Investment manager
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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 117 Duane Street in the 12 months to October 2026; the last one was first permitted in April 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- April 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across TribecaWhere 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.
No office space listed in Tribeca yet
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Before you sign
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Questions about 117 Duane Street
How big is 117 Duane Street?
117 Duane Street has about 315,000 square feet of floor area in total, including 310,000 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 117 Duane Street built?
City records list 1954 as the year built, with a major alteration recorded in 1981. The building is 15 floors tall.
What other addresses does 117 Duane Street have?
City records list 195-207 Church Street, 117-125 Duane Street and 32-40 Thomas Street on the same tax lot (BBL 1001510010) as 117 Duane Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 117 Duane Street?
117 Duane Street is in ZIP code 10007, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 117 Duane Street, New York, NY 10007, in Tribeca.
What is the zoning at 117 Duane Street?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 17.99 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 117 Duane Street?
The closest subway station to 117 Duane Street is Chambers St (the 1, 2 and 3 trains), about 800 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: Chambers St (the A, C, 2, 3, E, R and W trains, connected to Cortlandt St and World Trade Center and Park Place), 4 min walk; City Hall (the R and W trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 117 Duane Street?
The NYC Department of Finance's 2026/27 assessment roll lists NEW YORK STATE INSURANCE FUND as the owner of record of 117 Duane Street (BBL 1001510010). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Who are the tenants at 117 Duane Street?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 117 Duane Street. One investment manager files 13F holdings reports from the address: State Insurance Fund. 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.
Is there construction at 117 Duane Street?
The Department of Buildings issued no permits for new jobs at 117 Duane Street in the 12 months to October 2026; the last one was first permitted in April 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1001510010. 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 117 Duane Street?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 117 Duane Street, 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 1001510010 show what is actually billed.
What is the assessed value of 117 Duane Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 117 Duane Street at $68.4 million ($10.3 million of it land) and its assessed value at $30.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 8% from 2022/23 ($63 million) to 2026/27.
Is there office space for lease at 117 Duane Street?
No space at 117 Duane 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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Transit hubs in Tribeca
- 1 at Franklin St
- A C E at Canal St
- 1 2 3 at Chambers St