Office building with commercial space · Hudson Square, Manhattan

119 Varick Street

New York, NY 10013

119 Varick Street is a 12-floor office building with commercial space in Hudson Square, Manhattan, built in 1928, with about 111,000 square feet of office space according to city records.

Also at 22-30 Dominick Street and 119-123 Varick Street.

Office space
111K SF
Floors
12
Year built
1928
Zoning
M1-6

Office space next to its nearest neighbors

  1. 250 Hudson Street1 min walk318K SF
  2. 119 Varick StreetThis building111K SF
  3. 121 Avenue of the Americas2 min walk84K SF
  4. 145 Avenue of the Americas2 min walk61K SF

The 25th largest of the 34 office buildings we track in Hudson Square. Compare it with 6 neighbors

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Compared with its neighbors

How 119 Varick Street compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 119 Varick Street ranks 5th of 7 by office floor area. It went up in 1928; the median neighbor dates from 1927. Its estimated property tax, about $11.26 a square foot of floor area before abatements, is below the neighbors' median of $15.53.

119 Varick Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
119 Varick StreetThis building111K SF121928$11.26
250 Hudson Street1 min walk318K SF141929$15.53
145 Avenue of the Americas2 min walk61K SF81910$10.77
121 Avenue of the Americas2 min walk84K SF61925Exempt
155 Avenue of the Americas2 min walk170K SF151928$16.52
310 Hudson Street2 min walk925K SF192021$19.92
150 Varick Street2 min walk193K SF101926$15.31
The 25th largest of the 34 office buildings we track in Hudson Square: 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
22-30 Dominick Street; 119-123 Varick Street
ZIP code
10013
Building type
Office building with commercial space (city class O6)
Total floor area
120,592 SF
Commercial floor area
120,592 SF
Office
110,543 SF
Retail
10,049 SF
Height
12 floors
Average floor
About 10,000 SF (floor area divided by floors)
Year built
1928
Last major alteration
2018
Lot area
10,143 SF
Zoning district
M1-6
Built FAR
11.89
Max commercial FAR
10
Tax lot (BBL)
1005780067

Nearest subway

  • Canal St3 min walk · Not accessible
  • Spring St3 min walk · Partly accessible
  • Houston St5 min walk · Not accessible

Nearby large buildings

All 15 large office buildings on Varick 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 2 storefronts at 119 Varick Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
2
Vacant that day
0
Share vacant across Hudson Square
19.6%
Share vacant along Varick Street
15.4%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 2019None registered
  • 2020None registered
  • 20210 of 1
  • 20220 of 2
  • 20230 of 2
  • 20240 of 2
  • 20250 of 2

Bars show the share of the lot's registered storefronts that stood vacant.

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 121 VARICK ST. CORP. as the owner of record. For tax year 2026/27 the city values 119 Varick Street at $29.1 million and assesses it at $13.1 million. After phase-ins and exemptions its taxable value is $12.5 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 $1.36 million a year before abatements, roughly $11.26 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
121 VARICK ST. CORP.
Tax class
Class 4 (commercial and industrial)
City market value
$29,125,000
Land market value
$1,938,000
Assessed value
$13,106,250
Taxable value (phased in)
$12,518,920
Estimated yearly tax
About $1.36 million
Tax per SF of floor area
About $11.26

City market value by tax year

  • 2022/23$25.4 million
  • 2023/24$29.2 million
  • 2024/25$30.1 million
  • 2025/26$28.1 million
  • 2026/27$29.1 million

Market value rose 15% from 2022/23 ($25.4 million) to 2026/27.

How Hudson Square 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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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

119 Varick Street reported an ENERGY STAR score of 83 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 66.9 kBtu per square foot, 41% below the national median of 113.6 for a similar property. Its greenhouse gas emissions were about 615 metric tons of CO2e (5.1 kg per square foot).

ENERGY STAR score (2024)
83 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
66.9 kBtu/SF
National median for the type
113.6 kBtu/SF
Greenhouse gas emissions
615 t CO2e
Emissions per SF
5.1 kg CO2e
Floor area in the filing
120,592 SF

ENERGY STAR score by year

  • 202279 (B)
  • 202382 (B)
  • 202483 (B)

Energy sources in 2024

  • Natural gas63%
  • Electricity37%

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, 119 Varick Street comes to about 523 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 914 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 324 tons and the same energy use counts as about 396 tons, about 72 tons over, or an estimated $19,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
914 t CO2e
Estimated emissions
523 t CO2e
Under the limit by
391 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
324 t CO2e
Estimated emissions
396 t CO2e
Over the limit by
72 t CO2e
Estimated penalty a year
$19,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 120,592 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 119 Varick Street? List a space here free and we match it against every active requirement.

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 119 Varick Street. In the last two years, interior work was permitted on 2 floors (floors 11 and 12). The newest build-out, on floors 11 and 12, the facade and the roof, was first permitted in August 2026 (construction, structural; filed cost estimate $450,000). A sidewalk shed permit here is active until October 27, 2026.

New jobs, last 12 months
5
Initial permits, last 12 months
6
Newest job first permitted
August 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
11 and 12
Facade and sidewalk jobs, last 24 months
3
Sidewalk shed permit
Active until Oct 27, 2026

Recent build-outs

  • Floors 11 and 12, facade, roofAugust 2026Construction, Structural; est. $450,000

New jobs by year

  • 20215
  • 20223
  • 20234
  • 20242
  • 20252
  • 2026 to date3

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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Questions about 119 Varick Street

How big is 119 Varick Street?

119 Varick Street has about 121,000 square feet of floor area in total, including 111,000 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 119 Varick Street built?

City records list 1928 as the year built, with a major alteration recorded in 2018. The building is 12 floors tall.

What other addresses does 119 Varick Street have?

City records list 22-30 Dominick Street and 119-123 Varick Street on the same tax lot (BBL 1005780067) as 119 Varick Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 119 Varick Street?

119 Varick Street is in ZIP code 10013, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 119 Varick Street, New York, NY 10013, in Hudson Square.

What is the zoning at 119 Varick Street?

The lot is in the M1-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.89 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 119 Varick Street?

The closest subway station to 119 Varick Street is Canal St (the 1 train), about 750 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Spring St (the C and E trains), 3 min walk; Houston St (the 1 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 119 Varick Street?

The NYC Department of Finance's 2026/27 assessment roll lists 121 VARICK ST. CORP. as the owner of record of 119 Varick Street (BBL 1005780067). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 119 Varick Street?

119 Varick Street reported an ENERGY STAR score of 83 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 83 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 66.9 kBtu per square foot, 41% below the national median of 113.6 for a similar property. Its greenhouse gas emissions were about 615 metric tons of CO2e (5.1 kg per square foot).

Does 119 Varick Street meet Local Law 97?

At its 2024 energy use, 119 Varick Street comes to about 523 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 914 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 324 tons and the same energy use counts as about 396 tons, about 72 tons over, or an estimated $19,000 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 119 Varick Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 119 Varick Street. In the last two years, interior work was permitted on 2 floors (floors 11 and 12). The newest build-out, on floors 11 and 12, the facade and the roof, was first permitted in August 2026 (construction, structural; filed cost estimate $450,000). A sidewalk shed permit here is active until October 27, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1005780067. 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 119 Varick Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $12.5 million for 119 Varick Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.36 million a year, roughly $11.26 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005780067 show the actual bill.

What is the assessed value of 119 Varick Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 119 Varick Street at $29.1 million ($1.94 million of it land) and its assessed value at $13.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($25.4 million) to 2026/27.

Are there vacant storefronts at 119 Varick Street?

Owners registered 2 storefronts at 119 Varick Street for December 31, 2025, 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 119 Varick Street?

No space at 119 Varick 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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