Office building · Financial District, Manhattan

Federal Reserve Bank of New York Building

19 Liberty Street, New York, NY 10045

The Federal Reserve Bank of New York Building (19 Liberty Street) is a 14-floor office building in the Financial District, Manhattan, built in 1924, with about 640,000 square feet of office space according to city records.

Also at 19-51 Liberty Street, 28-62 Maiden Lane, 42-54 Nassau Street and 79-83 William Street.

Office space
640K SF
Floors
14
Year built
1924
Zoning
C5-5

Office space next to its nearest neighbors

  1. One Chase Manhattan Plaza1 min walk1.7M SF
  2. 59 Maiden Lane1 min walk1.0M SF
  3. Federal Reserve Bank of New York BuildingThis building640K SF
  4. 56 Nassau Street1 min walk554K SF

The 38th 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 Federal Reserve Bank of New York Building compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, the Federal Reserve Bank of New York Building ranks 4th of 7 by office floor area. Built in 1924, it is the oldest of them. Its estimated property tax, about $9.01 a square foot of floor area before abatements, is below the neighbors' median of $10.77.

The Federal Reserve Bank of New York 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
Federal Reserve Bank of New York Building, 19 Liberty StreetThis building640K SF141924$9.01n/a
59 Maiden Lane1 min walk1.0M SF441965$9.69n/a
One Chase Manhattan Plaza, 28 Liberty Street1 min walk1.7M SF601964$10.14Dec 2013, $725M
56 Nassau Street1 min walk554K SF271986$11.40Feb 2012, $208M (2 lots)
140 Broadway2 min walk1.1M SF501968$12.82Apr 2004, $456M
100 William Street2 min walk370K SF221973$12.26Dec 2025, $70M
75 Maiden Lane2 min walk145K SF121925$8.96Oct 2025, $40.2M
The 38th 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
Federal Reserve Bank of New York Building
Other addresses
19-51 Liberty Street; 28-62 Maiden Lane; 42-54 Nassau Street; 79-83 William Street
ZIP code
10045
Building type
Office building (city class O3)
Total floor area
640,000 SF
Commercial floor area
640,000 SF
Office
640,000 SF
Height
14 floors
Average floor
About 45,700 SF (floor area divided by floors)
Year built
1924
Lot area
49,440 SF
Zoning district
C5-5
Built FAR
12.94
Max commercial FAR
15
Landmark status
Individual landmark
Tax lot (BBL)
1000660001

Nearest subway

  • Wall St2 min walk · Not accessible
  • Fulton St3 min walk · Accessible station
  • Wall St4 min walk · Not accessible

Nearby large buildings

All 13 large office buildings on William Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name checked against Wikipedia, Federal Reserve Bank of New York Building; 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 FED RESERVE BK NY as the owner of record. For tax year 2026/27 the city values the Federal Reserve Bank of New York Building at $120.7 million and assesses it at $54.3 million. After phase-ins and exemptions its taxable value is $53.2 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 $5.77 million a year before abatements, roughly $9.01 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
FED RESERVE BK NY
Tax class
Class 4 (commercial and industrial)
City market value
$120,743,000
Land market value
$34,000,000
Assessed value
$54,334,350
Taxable value (phased in)
$53,156,880
Estimated yearly tax
About $5.77 million
Tax per SF of floor area
About $9.01

City market value by tax year

  • 2022/23$108.5 million
  • 2023/24$113.6 million
  • 2024/25$117.6 million
  • 2025/26$130.1 million
  • 2026/27$120.7 million

Market value rose 11% from 2022/23 ($108.5 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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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

The Federal Reserve Bank of New York Building reported an ENERGY STAR score of 31 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 107.3 kBtu per square foot, 27% above the national median of 84.8 for a similar property. Its greenhouse gas emissions were about 8,387 metric tons of CO2e (9.64 kg per square foot).

ENERGY STAR score (2024)
31 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
107.3 kBtu/SF
National median for the type
84.8 kBtu/SF
Greenhouse gas emissions
8,387 t CO2e
Emissions per SF
9.64 kg CO2e
Floor area in the filing
870,210 SF

ENERGY STAR score by year

  • 202234 (D)
  • 202332 (D)
  • 202431 (D)

Energy sources in 2024

  • District steam51%
  • Electricity48%
  • Natural gas1%

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.

Landmarks Preservation Commission records

Architecture and history

The Federal Reserve Bank of New York Building was designed by York & Sawyer and built in 1919-1924 in the Italian Renaissance style. The Landmarks Preservation Commission designated Federal Reserve Bank of New York, on this tax lot, a New York City landmark on December 21, 1965.

Architect
York & Sawyer
Constructed
1919-1924
Style
Italian Renaissance
Primary material
Rusticated stone
Built as
Bank
Landmark on this lot
Federal Reserve Bank of New York: individual landmark, designated December 21, 1965 (LP-00054)

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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Questions about Federal Reserve Bank of New York Building

How big is the Federal Reserve Bank of New York Building?

The Federal Reserve Bank of New York Building has about 640,000 square feet of floor area in total, including 640,000 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 Federal Reserve Bank of New York Building built?

The Landmarks Preservation Commission's building records date the Federal Reserve Bank of New York Building to 1919-1924, designed by York & Sawyer. The building is 14 floors tall.

Who designed the Federal Reserve Bank of New York Building?

York & Sawyer, according to the Landmarks Preservation Commission's building records, which list the style as Italian Renaissance and its original use as a bank.

Is the Federal Reserve Bank of New York Building a New York City landmark?

The tax lot at 19 Liberty Street includes Federal Reserve Bank of New York, an individual landmark designated December 21, 1965 (LP-00054). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Landmarks Preservation Commission.

What is the address of the Federal Reserve Bank of New York Building?

The Federal Reserve Bank of New York Building is at 19 Liberty Street in the Financial District, Manhattan. City records list 19-51 Liberty Street, 28-62 Maiden Lane, 42-54 Nassau Street and 79-83 William Street on the same tax lot (BBL 1000660001). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 19 Liberty Street?

19 Liberty Street is in ZIP code 10045, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Federal Reserve Bank of New York Building is at 19 Liberty Street, New York, NY 10045, in the Financial District.

What is the zoning at the Federal Reserve Bank of New York Building?

The lot is in the C5-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.94 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Federal Reserve Bank of New York Building?

The closest subway station to the Federal Reserve Bank of New York Building is Wall St (the 2 and 3 trains), about 600 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Fulton St (the 2, 3, 4, 5, A, C, J and Z trains), 3 min walk; Wall St (the 4 and 5 trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Federal Reserve Bank of New York Building?

The NYC Department of Finance's 2026/27 assessment roll lists FED RESERVE BK NY as the owner of record of the Federal Reserve Bank of New York Building (BBL 1000660001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of the Federal Reserve Bank of New York Building?

The Federal Reserve Bank of New York Building reported an ENERGY STAR score of 31 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 31 earns a D. 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 107.3 kBtu per square foot, 27% above the national median of 84.8 for a similar property. Its greenhouse gas emissions were about 8,387 metric tons of CO2e (9.64 kg per square foot).

What are the property taxes at the Federal Reserve Bank of New York Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $53.2 million for the Federal Reserve Bank of New York Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $5.77 million a year, roughly $9.01 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000660001 show the actual bill.

What is the assessed value of the Federal Reserve Bank of New York Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Federal Reserve Bank of New York Building at $120.7 million ($34 million of it land) and its assessed value at $54.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 11% from 2022/23 ($108.5 million) to 2026/27.

Is there office space for lease at the Federal Reserve Bank of New York Building?

No space at 19 Liberty 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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