Warehouse · Financial District, Manhattan
163 Front Street
New York, NY 10038
163 Front Street is a 10-floor warehouse in the Financial District, Manhattan, built in 1915, with about 53,000 square feet of industrial and storage space according to city records.
Also at 34-40 Fletcher Street.
- Industrial and storage space
- 53K SF
- Floors
- 10
- Year built
- 1915
- Zoning
- C5-3
No space at 163 Front 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.
Compared with its neighbors
How 163 Front Street compares
Next to the 6 nearest large commercial buildings, all within a 2 minute walk, 163 Front Street is the smallest by commercial floor area. Built in 1915, it is the oldest of them. Its estimated property tax, about $6.25 a square foot of floor area before abatements, is below the neighbors' median of $12.13.
| Building | Commercial space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 163 Front Street | 59K SF | 10 | 1915 | $6.25 | Mar 2016, $390M (2 lots) |
| 175 Water Street | 462K SF | 30 | 1983 | $12.93 | n/a |
| Continental Center, 180 Maiden Lane | 1.1M SF | 41 | 1982 | $12.13 | Jul 2024, $297M |
| One Seaport Plaza, 199 Water Street | 744K SF | 35 | 1993 | $14.05 | n/a |
| Wall Street Plaza, 88 Pine Street | 665K SF | 32 | 1973 | $8.48 | n/a |
| 125 Maiden Lane | 256K SF | 16 | 1958 | $5.87 | n/a |
| 120 Wall Street | 582K SF | 33 | 1929 | Exempt | n/a |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 34-40 Fletcher Street
- ZIP code
- 10038
- Building type
- Warehouse (city class E9)
- Total floor area
- 58,500 SF
- Commercial floor area
- 58,500 SF
- Retail
- 5,696 SF
- Industrial and storage
- 52,804 SF
- Height
- 10 floors
- Average floor
- About 5,900 SF (floor area divided by floors)
- Year built
- 1915
- Lot area
- 6,552 SF
- Zoning district
- C5-3
- Built FAR
- 8.93
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1000720013
Nearest subway
- Wall St
- Fulton St
- Broad St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 OCEANWIDE CENTER NY LLC as the owner of record. For tax year 2026/27 the city values 163 Front Street at $8.11 million and assesses it at $3.65 million. After phase-ins and exemptions its taxable value is $3.37 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 $365,837 a year before abatements, roughly $6.25 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
- OCEANWIDE CENTER NY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $8,114,000
- Land market value
- $4,062,000
- Assessed value
- $3,651,300
- Taxable value (phased in)
- $3,372,390
- Estimated yearly tax
- About $365,837
- Tax per SF of floor area
- About $6.25
City market value by tax year
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 2026-10-02; 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.
NYC property records (ACRIS)
Sales history
163 Front Street last sold in March 2016 in a $390 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. 80 SOUTH, LLC sold it to OCEANWIDE CENTER NY LLC.
- Last sale (deed date)
- March 16, 2016
- Combined price
- $390,000,000 for 2 tax lots
- Seller
- 80 SOUTH, LLC
- Buyer
- OCEANWIDE CENTER NY LLC
- Deed recorded
- March 17, 2016
- ACRIS document
- 2016031700338002
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out; a price for several tax lots is the combined price, not this building's alone.
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Questions about 163 Front Street
How big is 163 Front Street?
163 Front Street has about 59,000 square feet of floor area in total, including 6,000 square feet of retail and 53,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 163 Front Street built?
City records list 1915 as the year built. The building is 10 floors tall.
What other addresses does 163 Front Street have?
City records list 34-40 Fletcher Street on the same tax lot (BBL 1000720013) as 163 Front Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 163 Front Street?
163 Front Street is in ZIP code 10038, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 163 Front Street, New York, NY 10038, in the Financial District.
What is the zoning at 163 Front Street?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 8.93 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 163 Front Street?
The closest subway station to 163 Front Street is Wall St (the 2 and 3 trains), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: Fulton St (the 2, 3, 4, 5, A, C, J and Z trains), 5 min walk; Broad St (the J and Z trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 163 Front Street?
The NYC Department of Finance's 2026/27 assessment roll lists OCEANWIDE CENTER NY LLC as the owner of record of 163 Front Street (BBL 1000720013). 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.
When was 163 Front Street last sold?
163 Front Street last sold in March 2016 in a $390 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. 80 SOUTH, LLC sold it to OCEANWIDE CENTER NY LLC. The deed is ACRIS document 2016031700338002 (BBL 1000720013) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
What are the property taxes at 163 Front Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.37 million for 163 Front Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $365,837 a year, roughly $6.25 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000720013 show the actual bill.
What is the assessed value of 163 Front Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 163 Front Street at $8.11 million ($4.06 million of it land) and its assessed value at $3.65 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($6.61 million) to 2026/27.
Is there industrial and storage space for lease at 163 Front Street?
No space at 163 Front 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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Financial District
Transit hubs in the Financial District
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