Office building with commercial space · Hudson Square, Manhattan
150 Varick Street
New York, NY 10013
150 Varick Street is a 10-floor office building with commercial space in Hudson Square, Manhattan, built in 1926, with about 193,000 square feet of office space according to city records.
Also at 247-255 Spring Street, 32-40 Vandam Street and 138-154 Varick Street.
- Office space
- 193K SF
- Floors
- 10
- Year built
- 1926
- Zoning
- M1-6
The 20th 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 150 Varick Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 150 Varick Street ranks 4th of 7 by office floor area. It went up in 1926; the median neighbor dates from 1926. Its estimated property tax, about $15.31 a square foot of floor area before abatements, is above the neighbors' median of $13.65.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 150 Varick Street | 193K SF | 10 | 1926 | $15.31 |
| 161 Avenue of the Americas | 577K SF | 13 | 1926 | $21.22 |
| 155 Avenue of the Americas | 170K SF | 15 | 1928 | $16.52 |
| 160 Varick Street | 295K SF | 12 | 1927 | $8.33 |
| 145 Avenue of the Americas | 61K SF | 8 | 1910 | $10.77 |
| 310 Hudson Street | 925K SF | 19 | 2021 | $19.92 |
| 163 Varick Street | 74K SF | 12 | 1925 | $7.58 |
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
- 247-255 Spring Street; 32-40 Vandam Street; 138-154 Varick Street
- ZIP code
- 10013
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 214,110 SF
- Commercial floor area
- 214,110 SF
- Office
- 192,699 SF
- Retail
- 21,411 SF
- Height
- 10 floors
- Average floor
- About 21,400 SF (floor area divided by floors)
- Year built
- 1926
- Last major alteration
- 2013
- Lot area
- 26,860 SF
- Zoning district
- M1-6
- Built FAR
- 7.97
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1005050001
Nearest subway
- Spring St
- Houston St
- Canal St
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 3 storefronts at 150 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
- 3
- 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
Need a storefront in Hudson Square? Get matchedNYC storefront vacancy report
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 W. & M. OPERATING, L.L.C. as the owner of record. For tax year 2026/27 the city values 150 Varick Street at $83.6 million and assesses it at $37.6 million. After phase-ins and exemptions its taxable value is $30.2 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 $3.28 million a year before abatements, roughly $15.31 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
- W. & M. OPERATING, L.L.C.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $83,557,000
- Land market value
- $13,400,000
- Assessed value
- $37,600,650
- Taxable value (phased in)
- $30,208,050
- Estimated yearly tax
- About $3.28 million
- Tax per SF of floor area
- About $15.31
City market value by tax year
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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; 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.
Own or manage 150 Varick Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
150 Varick Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 62.8 kBtu per square foot, 36% above the national median of 46.2 for a similar property. Its greenhouse gas emissions were about 1,575 metric tons of CO2e (6.6 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 62.8 kBtu/SF
- National median for the type
- 46.2 kBtu/SF
- Greenhouse gas emissions
- 1,575 t CO2e
- Emissions per SF
- 6.6 kg CO2e
- Floor area in the filing
- 238,681 SF
- ENERGY STAR certified
- 2021
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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 150 Varick Street comes to about 1,193 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,180 tons for 2024 to 2029 (55% of the limit), so it would owe no penalty. From 2030 the limit drops to 978 tons and the same energy use counts as about 662 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 2,180 t CO2e
- Estimated emissions
- 1,193 t CO2e
- Under the limit by
- 987 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 978 t CO2e
- Estimated emissions
- 662 t CO2e
- Under the limit by
- 316 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: Personal Services (Health/Beauty, Dry Cleaning, etc.) 30,229 SF; Office 135,137 SF; Data Center 21,700 SF; Food Service 1,146 SF; Manufacturing/Industrial Plant 31,587 SF; Retail Store 2,447 SF; Museum 16,435 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 150 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 8 jobs at 150 Varick Street. In the last two years, interior work was permitted on 5 floors (floors 1, 3 and 8 to 10 and the cellar). The newest build-out, on floor 9, was first permitted in July 2026 (construction; filed cost estimate $63,000). A sidewalk shed permit here is active until December 21, 2026.
- New jobs, last 12 months
- 8
- Initial permits, last 12 months
- 14
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 8
- Floors with interior work, last 24 months
- 1, 3 and 8 to 10, cellar
- Facade and sidewalk jobs, last 24 months
- 3
- Sidewalk shed permit
- Active until Dec 21, 2026
Recent build-outs
New jobs by year
Build-outs across Hudson SquareWhere 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 150 Varick Street
How big is 150 Varick Street?
150 Varick Street has about 214,000 square feet of floor area in total, including 193,000 square feet of office and 21,000 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 150 Varick Street built?
City records list 1926 as the year built, with a major alteration recorded in 2013. The building is 10 floors tall.
What other addresses does 150 Varick Street have?
City records list 247-255 Spring Street, 32-40 Vandam Street and 138-154 Varick Street on the same tax lot (BBL 1005050001) as 150 Varick Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 150 Varick Street?
150 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 150 Varick Street, New York, NY 10013, in Hudson Square.
What is the zoning at 150 Varick Street?
The lot is in the M1-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.97 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 150 Varick Street?
The closest subway station to 150 Varick Street is Spring St (the C and E trains), about 450 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as partly accessible. Also nearby: Houston St (the 1 train), 3 min walk; Canal St (the 1 train), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 150 Varick Street?
The NYC Department of Finance's 2026/27 assessment roll lists W. & M. OPERATING, L.L.C. as the owner of record of 150 Varick Street (BBL 1005050001). 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.
Does 150 Varick Street have an energy grade?
150 Varick Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 62.8 kBtu per square foot, 36% above the national median of 46.2 for a similar property. Its greenhouse gas emissions were about 1,575 metric tons of CO2e (6.6 kg per square foot).
Does 150 Varick Street meet Local Law 97?
At its 2024 energy use, 150 Varick Street comes to about 1,193 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,180 tons for 2024 to 2029 (55% of the limit), so it would owe no penalty. From 2030 the limit drops to 978 tons and the same energy use counts as about 662 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 150 Varick Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 8 jobs at 150 Varick Street. In the last two years, interior work was permitted on 5 floors (floors 1, 3 and 8 to 10 and the cellar). The newest build-out, on floor 9, was first permitted in July 2026 (construction; filed cost estimate $63,000). A sidewalk shed permit here is active until December 21, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1005050001. 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 150 Varick Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $30.2 million for 150 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 $3.28 million a year, roughly $15.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005050001 show the actual bill.
What is the assessed value of 150 Varick Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 150 Varick Street at $83.6 million ($13.4 million of it land) and its assessed value at $37.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 58% from 2022/23 ($52.7 million) to 2026/27.
Are there vacant storefronts at 150 Varick Street?
Owners registered 3 storefronts at 150 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 150 Varick Street?
No space at 150 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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Hudson Square
Transit hubs in Hudson Square
- 1 at Houston St
- C E at Spring St
- 1 at Canal St
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