Office building with commercial space · Chinatown, Manhattan

201 Grand Street

New York, NY 10013

201 Grand Street is a 7-floor office building with commercial space in Chinatown, Manhattan, built in 1900, with about 37,000 square feet of office space according to city records.

Also at 197-201 Grand Street.

Office space
37K SF
Floors
7
Year built
1900
Zoning
C6-2G

Office space next to its nearest neighbors

  1. 128 Mott Street1 min walk64K SF
  2. 132 Mulberry Street1 min walk44K SF
  3. 201 Grand StreetThis building37K SF

The 6th largest of the 8 office buildings we track in Chinatown. Compare it with 6 neighbors

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Compared with its neighbors

How 201 Grand Street compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 201 Grand Street ranks 6th of 7 by office floor area. Built in 1900, it is the oldest of them. Its estimated property tax, about $14.84 a square foot of floor area before abatements, is above the neighbors' median of $9.26.

201 Grand Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
201 Grand StreetThis building37K SF71900$14.84n/a
128 Mott Street1 min walk64K SF71912$9.64n/a
132 Mulberry Street1 min walk44K SF61915$13.47n/a
211 Centre Street2 min walk42K SF61915$0.46Jan 2024, $51.1M
94 Mott Street3 min walk36K SF61920$7.61n/a
41 Elizabeth Street3 min walk39K SF71920$8.88Jul 2025, $22M
148 Lafayette Street3 min walk118K SF131930$30.73May 2025, $106M
The 6th largest of the 8 office buildings we track in Chinatown: 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

Other address
197-201 Grand Street
ZIP code
10013
Building type
Office building with commercial space (city class O6)
Total floor area
39,500 SF
Commercial floor area
39,500 SF
Office
37,000 SF
Retail
2,500 SF
Height
7 floors
Average floor
About 5,600 SF (floor area divided by floors)
Year built
1900
Last major alteration
1988
Lot area
7,067 SF
Zoning district
C6-2G
Built FAR
5.59
Max commercial FAR
6
Tax lot (BBL)
1002370014

Nearest subway

  • Canal St3 min walk · Accessible station
  • Grand St3 min walk · Not accessible
  • Bowery4 min walk · Not accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 4 storefronts at 201 Grand Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2024
4
Vacant that day
0
Share vacant across Chinatown
8.7%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 4
  • 20201 of 4
  • 20210 of 4
  • 20220 of 4
  • 20230 of 4
  • 20240 of 4

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 2024, pulled 2026-10-08. 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 2024 filing was due June 3, 2025, 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 ABEL 197-201, LLC as the owner of record. For tax year 2026/27 the city values 201 Grand Street at $12.6 million and assesses it at $5.65 million. After phase-ins and exemptions its taxable value is $5.4 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 $586,081 a year before abatements, roughly $14.84 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
ABEL 197-201, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$12,564,000
Land market value
$1,142,000
Assessed value
$5,653,800
Taxable value (phased in)
$5,402,668
Estimated yearly tax
About $586,081
Tax per SF of floor area
About $14.84

City market value by tax year

  • 2022/23$11 million
  • 2023/24$11.1 million
  • 2024/25$12.1 million
  • 2025/26$12.9 million
  • 2026/27$12.6 million

Market value rose 15% from 2022/23 ($11 million) to 2026/27.

How Chinatown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-08; 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 201 Grand Street? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

201 Grand Street reported an ENERGY STAR score of 37 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 121.2 kBtu per square foot, 17% above the national median of 103.2 for a similar property. Its greenhouse gas emissions were about 365 metric tons of CO2e (9.24 kg per square foot).

ENERGY STAR score (2024)
37 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
121.2 kBtu/SF
National median for the type
103.2 kBtu/SF
Greenhouse gas emissions
365 t CO2e
Emissions per SF
9.24 kg CO2e
Floor area in the filing
39,500 SF

ENERGY STAR score by year

  • 202242 (D)
  • 202340 (D)
  • 202437 (D)

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 2026-10-08; 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, 201 Grand Street comes to about 311 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 299 tons for 2024 to 2029: about 11 tons over, an estimated penalty of $3,000 a year. From 2030 the limit drops to 106 tons and the same energy use counts as about 235 tons, about 129 tons over, or an estimated $35,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
299 t CO2e
Estimated emissions
311 t CO2e
Over the limit by
11 t CO2e
Estimated penalty a year
$3,000
Period
2030 to 2034
Emissions limit
106 t CO2e
Estimated emissions
235 t CO2e
Over the limit by
129 t CO2e
Estimated penalty a year
$35,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 39,500 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.

Own or manage 201 Grand 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 1 job at 201 Grand Street. In the last two years, interior work was permitted on 3 floors (floors 1, 6 and 7). The newest build-out, on floor 1, was first permitted in January 2026 (construction, plumbing; filed cost estimate $75,000).

New jobs, last 12 months
1
Initial permits, last 12 months
2
Newest job first permitted
January 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
1, 6 and 7

Recent build-outs

  • Floor 1January 2026Construction, Plumbing; est. $75,000
  • Floors 6 and 7, roofMarch 2025Construction, Mechanical; est. $62,000

New jobs by year

  • 20218
  • 20220
  • 20230
  • 20240
  • 20251
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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.

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 201 Grand Street

How big is 201 Grand Street?

201 Grand Street has about 40,000 square feet of floor area in total, including 37,000 square feet of office and 3,000 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 201 Grand Street built?

City records list 1900 as the year built, with a major alteration recorded in 1988. The building is 7 floors tall.

What other addresses does 201 Grand Street have?

City records list 197-201 Grand Street on the same tax lot (BBL 1002370014) as 201 Grand Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 201 Grand Street?

201 Grand 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 201 Grand Street, New York, NY 10013, in Chinatown.

What is the zoning at 201 Grand Street?

The lot is in the C6-2G zoning district. PLUTO lists a built floor area ratio (FAR) of 5.59 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 201 Grand Street?

The closest subway station to 201 Grand Street is Canal St (the 6, J, N, Q, R, W and Z trains), about 850 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: Grand St (the B and D trains), 3 min walk; Bowery (the J and Z trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 201 Grand Street?

The NYC Department of Finance's 2026/27 assessment roll lists ABEL 197-201, LLC as the owner of record of 201 Grand Street (BBL 1002370014). 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.

What is the energy grade of 201 Grand Street?

201 Grand Street reported an ENERGY STAR score of 37 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 37 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 121.2 kBtu per square foot, 17% above the national median of 103.2 for a similar property. Its greenhouse gas emissions were about 365 metric tons of CO2e (9.24 kg per square foot).

Does 201 Grand Street meet Local Law 97?

At its 2024 energy use, 201 Grand Street comes to about 311 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 299 tons for 2024 to 2029: about 11 tons over, an estimated penalty of $3,000 a year. From 2030 the limit drops to 106 tons and the same energy use counts as about 235 tons, about 129 tons over, or an estimated $35,000 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 201 Grand Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 201 Grand Street. In the last two years, interior work was permitted on 3 floors (floors 1, 6 and 7). The newest build-out, on floor 1, was first permitted in January 2026 (construction, plumbing; filed cost estimate $75,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1002370014. 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 201 Grand Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.4 million for 201 Grand Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $586,081 a year, roughly $14.84 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1002370014 show the actual bill.

What is the assessed value of 201 Grand Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 201 Grand Street at $12.6 million ($1.14 million of it land) and its assessed value at $5.65 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($11 million) to 2026/27.

Are there vacant storefronts at 201 Grand Street?

Owners registered 4 storefronts at 201 Grand Street for December 31, 2024, 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 201 Grand Street?

No space at 201 Grand 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.

2,180 buildings from city records

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