Office building · Financial District, Manhattan
Transportation Building
225 Broadway, New York, NY 10007
The Transportation Building (225 Broadway) is a 44-floor office building in the Financial District, Manhattan, built in 1927, with about 465,000 square feet of office space according to city records.
Also at 2-4 Barclay Street and 223-227 Broadway.
- Office space
- 465K SF
- Floors
- 44
- Year built
- 1927
- Zoning
- C5-3
The 49th 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 Transportation Building compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, the Transportation Building ranks 3rd of 7 by office floor area. It went up in 1927; the median neighbor dates from 1917. Its estimated property tax, about $7.69 a square foot of floor area before abatements, is below the neighbors' median of $10.24.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| Transportation Building, 225 Broadway | 465K SF | 44 | 1927 | $7.69 |
| 217 Broadway | 94K SF | 10 | 1918 | $15.59 |
| New York Evening Post Building, 20 Vesey Street | 77K SF | 12 | 1907 | $5.51 |
| 30 Vesey Street | 68K SF | 18 | 1912 | $7.85 |
| 250 Broadway | 477K SF | 30 | 1964 | $10.60 |
| 11 Park Place | 195K SF | 18 | 1927 | $11.67 |
| American Telephone & Telegraph Company Building, 195 Broadway | 1.0M SF | 29 | 1916 | $9.88 |
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
- Building name
- Transportation Building
- Other addresses
- 2-4 Barclay Street; 223-227 Broadway
- ZIP code
- 10007
- Building type
- Office building (city class O4)
- Total floor area
- 480,831 SF
- Commercial floor area
- 480,831 SF
- Office
- 465,331 SF
- Retail
- 15,500 SF
- Height
- 44 floors
- Average floor
- About 10,900 SF (floor area divided by floors)
- Year built
- 1927
- Lot area
- 16,409 SF
- Zoning district
- C5-3
- Built FAR
- 29.3
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1000880018
Nearest subway
- World Trade Center
- Fulton St
- City Hall
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, Transportation Building (Manhattan); 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 5 storefronts at the Transportation Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2023.
- Storefronts registered for December 31, 2025
- 5
- Vacant that day
- 2
- Share vacant here
- 40.0%
- Share vacant across the Financial District
- 16.3%
- Share vacant along Broadway
- 12.0%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 225 Broadway? Listing it is free, and it is matched against every active requirement for retail space in the Financial District the day it goes up.
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 225 BROADWAY COMPANY as the owner of record. For tax year 2026/27 the city values the Transportation Building at $76.8 million and assesses it at $34.6 million. After phase-ins and exemptions its taxable value is $34.1 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 $3.7 million a year before abatements, roughly $7.69 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
- 225 BROADWAY COMPANY
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $76,849,000
- Land market value
- $17,100,000
- Assessed value
- $34,582,050
- Taxable value (phased in)
- $34,100,820
- Estimated yearly tax
- About $3.7 million
- Tax per SF of floor area
- About $7.69
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 225 Broadway? 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 score, grade and emissions
The Transportation Building reported an ENERGY STAR score of 95 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 50.3 kBtu per square foot, less than half the national median of 131.8 for a similar property. Its greenhouse gas emissions were about 2,240 metric tons of CO2e (4.66 kg per square foot).
- ENERGY STAR score (2024)
- 95 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 50.3 kBtu/SF
- National median for the type
- 131.8 kBtu/SF
- Greenhouse gas emissions
- 2,240 t CO2e
- Emissions per SF
- 4.66 kg CO2e
- Floor area in the filing
- 480,831 SF
ENERGY STAR score by year
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. 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 Transportation Building comes to about 1,903 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,645 tons for 2024 to 2029 (52% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,294 tons and the same energy use counts as about 1,435 tons, about 141 tons over, or an estimated $38,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 3,645 t CO2e
- Estimated emissions
- 1,903 t CO2e
- Under the limit by
- 1,742 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 1,294 t CO2e
- Estimated emissions
- 1,435 t CO2e
- Over the limit by
- 141 t CO2e
- Estimated penalty a year
- $38,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 480,831 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 225 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 4 jobs at the Transportation Building. In the last two years, interior work was permitted on 26 floors (floors 1, 3 to 14, 16, 31 to 33, 35 to 37 and 39 to 44 and the basement). The newest build-out, on floor 1, was first permitted in September 2026 (construction; filed cost estimate $10,000).
- New jobs, last 12 months
- 4
- Initial permits, last 12 months
- 4
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 7
- Floors with interior work, last 24 months
- 1, 3 to 14, 16, 31 to 33, 35 to 37 and 39 to 44, basement
- Facade and sidewalk jobs, last 24 months
- 2
Recent build-outs
New jobs by year
Build-outs across the Financial DistrictWhere 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 Transportation Building
How big is the Transportation Building?
The Transportation Building has about 481,000 square feet of floor area in total, including 465,000 square feet of office and 16,000 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 the Transportation Building built?
City records list 1927 as the year built. The building is 44 floors tall.
What is the address of the Transportation Building?
The Transportation Building is at 225 Broadway in the Financial District, Manhattan. City records list 2-4 Barclay Street and 223-227 Broadway on the same tax lot (BBL 1000880018). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 225 Broadway?
225 Broadway is in ZIP code 10007, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Transportation Building is at 225 Broadway, New York, NY 10007, in the Financial District.
What is the zoning at the Transportation Building?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 29.3 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to the Transportation Building?
The closest subway station to the Transportation Building is World Trade Center (the E, 2, 3, A, C, R and W trains, connected to Cortlandt St and Chambers St and Park Place), about 400 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Fulton St (the 2, 3, 4, 5, A, C, J and Z trains), 2 min walk; City Hall (the R and W trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Transportation Building?
The NYC Department of Finance's 2026/27 assessment roll lists 225 BROADWAY COMPANY as the owner of record of the Transportation Building (BBL 1000880018). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of the Transportation Building?
The Transportation Building reported an ENERGY STAR score of 95 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 95 earns an A. 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 50.3 kBtu per square foot, less than half the national median of 131.8 for a similar property. Its greenhouse gas emissions were about 2,240 metric tons of CO2e (4.66 kg per square foot).
Does the Transportation Building meet Local Law 97?
At its 2024 energy use, the Transportation Building comes to about 1,903 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,645 tons for 2024 to 2029 (52% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,294 tons and the same energy use counts as about 1,435 tons, about 141 tons over, or an estimated $38,000 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 the Transportation Building?
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at the Transportation Building. In the last two years, interior work was permitted on 26 floors (floors 1, 3 to 14, 16, 31 to 33, 35 to 37 and 39 to 44 and the basement). The newest build-out, on floor 1, was first permitted in September 2026 (construction; filed cost estimate $10,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1000880018. 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 Transportation Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $34.1 million for the Transportation Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.7 million a year, roughly $7.69 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000880018 show the actual bill.
What is the assessed value of the Transportation Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Transportation Building at $76.8 million ($17.1 million of it land) and its assessed value at $34.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 2% from 2022/23 ($75.3 million) to 2026/27.
Are there vacant storefronts at the Transportation Building?
Owners registered 5 storefronts at the Transportation Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2023. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at the Transportation Building?
No space at 225 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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