Office condominium · Financial District, Manhattan

Equitable Building

120 Broadway, New York, NY 10271

The Equitable Building (120 Broadway) is a 41-floor office condominium in the Financial District, Manhattan, built in 1915, with about 1.5 million square feet of office space according to city records.

Also at 104-124 Broadway, 70-84 Cedar Street, 15-25 Nassau Street and 2-16 Pine Street.

Office space
1.5M SF
Floors
41
Year built
1915
Zoning
C5-5

Office space next to its nearest neighbors

  1. Equitable BuildingThis building1.5M SF
  2. 140 Broadway1 min walk1.1M SF
  3. Bankers Trust Building1 min walk815K SF
  4. American Surety Company Building1 min walk333K SF

The 12th 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 Equitable Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Equitable Building is the largest by office floor area. It went up in 1915; the median neighbor dates from 1909. Its estimated property tax, about $10.83 a square foot of floor area before abatements, is close to the neighbors' median of $10.93.

The Equitable Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
Equitable Building, 120 BroadwayThis building1.5M SF411915$10.83n/a
American Surety Company Building, 100 Broadway1 min walk333K SF231896$10.77Aug 2013, $150M
140 Broadway1 min walk1.1M SF501968$12.82Apr 2004, $456M
Bankers Trust Building, 14 Wall Street1 min walk815K SF321912$11.09Apr 2012, $294M
2 Wall Street1 min walk151K SF211932$12.48n/a
Trinity Building, 111 Broadway1 min walk424K SF221905$8.05n/a
United States Realty Building, 115 Broadway1 min walk374K SF211907$8.53n/a
The 12th largest of the 106 office buildings we track in the Financial District: 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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). 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
Equitable Building
Other addresses
104-124 Broadway; 70-84 Cedar Street; 15-25 Nassau Street; 2-16 Pine Street
ZIP code
10271
Building type
Office condominium (city class RB)
Total floor area
1,491,817 SF
Commercial floor area
1,491,817 SF
Office
1,491,817 SF
Height
41 floors
Average floor
About 36,400 SF (floor area divided by floors)
Year built
1915
Lot area
49,614 SF
Zoning district
C5-5
Built FAR
30.07
Max commercial FAR
15
Landmark status
Individual landmark
Tax lot (BBL)
1000477501

Nearest subway

  • Wall St2 min walk · Not accessible
  • Wall St2 min walk · Not accessible
  • Broad St2 min walk · Not accessible

Nearby large buildings

All 168 large office buildings on Broadway

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 Department of Finance records

Owner, property tax and assessed value

The Equitable Building is a condominium of 6 tax lots. 120 BROADWAY HOLDINGS, one of 3 owners of record on the roll, owns the units that make up 91% of its market value. For tax year 2026/27 the city values the Equitable Building at $369 million and assesses it at $166.1 million. After phase-ins and exemptions its taxable value is $148.9 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 $16.2 million a year before abatements, roughly $10.83 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.

Largest unit owner
120 BROADWAY HOLDINGS (91% of market value)
Tax class
Class 4 (commercial and industrial)
City market value
$369,017,840
Land market value
$69,660,001
Assessed value
$166,058,026
Taxable value (phased in)
$158,426,914
Exemptions
$9,487,962
Estimated yearly tax
About $16.2 million
Tax per SF of floor area
About $10.83
Condominium tax lots
6
Owners of record
3

City market value by tax year

  • 2024/25$355.8 million
  • 2025/26$363.7 million
  • 2026/27$369 million

Market value rose 4% from 2024/25 ($355.8 million) to 2026/27.

How the Financial District 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, summed over 6 condominium tax lots; 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

2 public companies and 4 investment managers and funds give 120 Broadway as their office address in SEC filings.

Public companies

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

  • BARK, INC. (BARK)10-Q, Aug 2026
  • KEEL INFRASTRUCTURE CORP. (KEEL)10-Q, Aug 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • Latour Trading LLC (Latour)13F, Aug 2026
  • Tower Research Capital Europe Ltd13F, Aug 2026
  • Tower Research Capital Investments LLC13F, Aug 2026
  • Tower Research Capital LLC (TRC)13F, 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

The Equitable Building reported an ENERGY STAR score of 78 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 48.8 kBtu per square foot, 35% below the national median of 75.6 for a similar property. Its greenhouse gas emissions were about 8,968 metric tons of CO2e (4.69 kg per square foot).

ENERGY STAR score (2024)
78 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
48.8 kBtu/SF
National median for the type
75.6 kBtu/SF
Greenhouse gas emissions
8,968 t CO2e
Emissions per SF
4.69 kg CO2e
Floor area in the filing
1,910,503 SF
ENERGY STAR certified
2008, 2010, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024

ENERGY STAR score by year

  • 202277 (B)
  • 202381 (B)
  • 202478 (B)

Energy sources in 2024

  • Electricity61%
  • District steam37%
  • Natural gas2%

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, the Equitable Building comes to about 6,485 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 14,628 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 5,207 tons and the same energy use counts as about 4,005 tons, still under the limit.

Period
2024 to 2029
Emissions limit
14,628 t CO2e
Estimated emissions
6,485 t CO2e
Under the limit by
8,143 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
5,207 t CO2e
Estimated emissions
4,005 t CO2e
Under the limit by
1,202 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Restaurant 17,223 SF; Office 1,861,217 SF; Bank Branch 32,063 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 120 Broadway? 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 10 jobs at the Equitable Building. In the last two years, interior work was permitted on 3 floors (floors 4, 10 and 33 and the basement). The newest build-out, on floor 4, was first permitted in August 2026 (sprinklers; filed cost estimate $99,000). A sidewalk shed permit here is active until November 12, 2026.

New jobs, last 12 months
10
Initial permits, last 12 months
10
Newest job first permitted
August 2026
Interior build-outs, last 24 months
4
Floors with interior work, last 24 months
4, 10 and 33, basement
Facade and sidewalk jobs, last 24 months
2
Sidewalk shed permit
Active until Nov 12, 2026

Recent build-outs

  • Floor 4August 2026Sprinklers; est. $99,000
  • Floor 10July 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $1.9 million
  • Floor 33June 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $714,000
  • BasementDecember 2024Construction, Mechanical, Sprinklers; 3 jobs; est. $114,000; signed off

New jobs by year

  • 202114
  • 202238
  • 202350
  • 202433
  • 20253
  • 2026 to date10

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

The Equitable Building was designed by E. R. Graham (Pierce Anderson) and built in 1913-1915 in the Beaux-Arts style. The Landmarks Preservation Commission designated it a New York City landmark on June 25, 1996.

Architect
E. R. Graham (Pierce Anderson)
Constructed
1913-1915
Style
Beaux-Arts
Primary material
Granite
Built as
Office building
City landmark
Equitable Building: individual landmark, designated June 25, 1996 (LP-01935)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and 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.

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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 Equitable Building

How big is the Equitable Building?

The Equitable Building has about 1.5 million square feet of floor area in total, including 1.5 million square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was the Equitable Building built?

The Landmarks Preservation Commission's building records date the Equitable Building to 1913-1915, designed by E. R. Graham (Pierce Anderson). The building is 41 floors tall.

Who designed the Equitable Building?

E. R. Graham (Pierce Anderson), according to the Landmarks Preservation Commission's building records, which list the style as Beaux-Arts and its original use as an office building.

Is the Equitable Building a New York City landmark?

Yes. The Landmarks Preservation Commission designated the Equitable Building an individual landmark on June 25, 1996 (LP-01935). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the Equitable Building?

The Equitable Building is at 120 Broadway in the Financial District, Manhattan. City records list 104-124 Broadway, 70-84 Cedar Street, 15-25 Nassau Street and 2-16 Pine Street on the same tax lot (BBL 1000477501). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 120 Broadway?

120 Broadway is in ZIP code 10271, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Equitable Building is at 120 Broadway, New York, NY 10271, in the Financial District.

What is the zoning at the Equitable Building?

The lot is in the C5-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 30.07 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Equitable Building?

The closest subway station to the Equitable Building is Wall St (the 4 and 5 trains), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Wall St (the 2 and 3 trains), 2 min walk; Broad St (the J and Z trains), 2 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Equitable Building?

The Equitable Building is a condominium of 6 tax lots. 120 BROADWAY HOLDINGS, one of 3 owners of record on the roll, owns the units that make up 91% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1000477501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

Who are the tenants at the Equitable Building?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Equitable Building. 2 public companies report the address as their principal executive office: BARK, INC. (BARK); and KEEL INFRASTRUCTURE CORP. (KEEL). 4 investment managers and funds file 13F holdings reports from the address, including Latour Trading LLC (Latour), Tower Research Capital Europe Ltd and Tower Research Capital Investments 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 Equitable Building?

The Equitable Building reported an ENERGY STAR score of 78 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 78 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 48.8 kBtu per square foot, 35% below the national median of 75.6 for a similar property. Its greenhouse gas emissions were about 8,968 metric tons of CO2e (4.69 kg per square foot).

Does the Equitable Building meet Local Law 97?

At its 2024 energy use, the Equitable Building comes to about 6,485 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 14,628 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 5,207 tons and the same energy use counts as about 4,005 tons, still under the limit. 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 the Equitable Building?

In the 12 months to October 2026, the Department of Buildings issued first permits for 10 jobs at the Equitable Building. In the last two years, interior work was permitted on 3 floors (floors 4, 10 and 33 and the basement). The newest build-out, on floor 4, was first permitted in August 2026 (sprinklers; filed cost estimate $99,000). A sidewalk shed permit here is active until November 12, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1000477501. 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 Equitable Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $148.9 million for the Equitable Building (the sum of its 6 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $16.2 million a year, roughly $10.83 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000477501 show the actual bill.

What is the assessed value of the Equitable Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Equitable Building at $369 million ($69.7 million of it land) and its assessed value at $166.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2024/25 ($355.8 million) to 2026/27.

Is there office space for lease at the Equitable Building?

No space at 120 Broadway 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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