Office building with commercial space · Hudson Square, Manhattan
225 Varick Street
New York, NY 10014
225 Varick Street is a 12-floor office building with commercial space in Hudson Square, Manhattan, built in 1926, with about 276,000 square feet of office space according to city records.
Also at 2-8 Clarkson Street, 207-231 Varick Street and 240-248 West Houston Street.
- Office space
- 276K SF
- Floors
- 12
- Year built
- 1926
- Zoning
- M1-5
The 16th largest of the 32 office buildings we track in Hudson Square. Compare it with 6 neighbors
No space at 225 Varick 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. Nothing free right now? Get tenant alerts for Hudson Square and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 225 Varick Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 225 Varick Street ranks 5th of 7 by office floor area. It went up in 1926; the median neighbor dates from 1927. Its estimated property tax, about $18.31 a square foot of floor area before abatements, is above the neighbors' median of $15.47.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 225 Varick Street | 276K SF | 12 | 1926 | $18.31 |
| 201 Varick Street | 931K SF | 12 | 1928 | Exempt |
| 200 Varick Street | 329K SF | 12 | 1926 | $13.93 |
| 183 Varick Street | 66K SF | 6 | 1930 | $14.82 |
| 180 Varick Street | 309K SF | 17 | 1929 | $17.95 |
| 171 Varick Street | 133K SF | 10 | 1926 | $17.22 |
| 395 Hudson Street | 580K SF | 9 | 1921 | $15.47 |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 2-8 Clarkson Street; 207-231 Varick Street; 240-248 West Houston Street
- ZIP code
- 10014
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 299,592 SF
- Commercial floor area
- 299,592 SF
- Office
- 275,592 SF
- Retail
- 24,000 SF
- Height
- 12 floors
- Average floor
- About 25,000 SF (floor area divided by floors)
- Year built
- 1926
- Last major alteration
- 2015
- Lot area
- 25,100 SF
- Zoning district
- M1-5
- Built FAR
- 11.94
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1005810063
Nearest subway
- Houston St
- Spring St
- Christopher St-Stonewall
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 6 storefronts at 225 Varick Street for December 31, 2024, the newest annual filing the city has published, and 4 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2021.
- Storefronts registered for December 31, 2024
- 6
- Vacant that day
- 4
- Share vacant here
- 66.7%
- Share vacant across Hudson Square
- 20.5%
- Share vacant along Varick Street
- 11.9%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Own or lease out a storefront at 225 Varick Street? Listing it is free, and it is matched against every active requirement for retail space in Hudson Square the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-03. 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 NEW REMAINDERMAN 225 VARICK LLC as the owner of record. For tax year 2026/27 the city values 225 Varick Street at $115.5 million and assesses it at $52 million. After phase-ins and exemptions its taxable value is $50.6 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 $5.49 million a year before abatements, roughly $18.31 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
- NEW REMAINDERMAN 225 VARICK LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $115,507,000
- Land market value
- $4,400,000
- Assessed value
- $51,978,150
- Taxable value (phased in)
- $50,576,730
- Estimated yearly tax
- About $5.49 million
- Tax per SF of floor area
- About $18.31
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 2026-10-03; 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 energy benchmarking (Local Law 84)
Energy score, grade and emissions
225 Varick Street reported an ENERGY STAR score of 77 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 54.7 kBtu per square foot, 33% below the national median of 81.7 for a similar property. Its greenhouse gas emissions were about 1,741 metric tons of CO2e (5.37 kg per square foot).
- ENERGY STAR score (2024)
- 77 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 54.7 kBtu/SF
- National median for the type
- 81.7 kBtu/SF
- Greenhouse gas emissions
- 1,741 t CO2e
- Emissions per SF
- 5.37 kg CO2e
- Floor area in the filing
- 324,144 SF
- ENERGY STAR certified
- 2010, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2024, 2025
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 2026-10-03; 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.
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 9 jobs at 225 Varick Street. In the last two years, interior work was permitted on 12 floors (floors 1 to 12 and the cellar). The newest build-out, on floor 3 and the roof, was first permitted in September 2026 (mechanical; filed cost estimate $480,000). A sidewalk shed permit here is active until November 9, 2026.
- New jobs, last 12 months
- 9
- Initial permits, last 12 months
- 10
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 9
- Floors with interior work, last 24 months
- 1 to 12, cellar
- Facade and sidewalk jobs, last 24 months
- 3
- Sidewalk shed permit
- Active until Nov 9, 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 2026-10-03 (permits issued through 2026-10-01). 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
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Questions about 225 Varick Street
How big is 225 Varick Street?
225 Varick Street has about 300,000 square feet of floor area in total, including 276,000 square feet of office and 24,000 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 225 Varick Street built?
City records list 1926 as the year built, with a major alteration recorded in 2015. The building is 12 floors tall.
What other addresses does 225 Varick Street have?
City records list 2-8 Clarkson Street, 207-231 Varick Street and 240-248 West Houston Street on the same tax lot (BBL 1005810063) as 225 Varick Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 225 Varick Street?
225 Varick Street is in ZIP code 10014, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 225 Varick Street, New York, NY 10014, in Hudson Square.
What is the zoning at 225 Varick Street?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.94 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 225 Varick Street?
The closest subway station to 225 Varick Street is Houston St (the 1 train), about 300 feet away in a straight line, roughly 1 minute on foot. Also nearby: Spring St (the C and E trains), 4 min walk; Christopher St-Stonewall (the 1 train), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 225 Varick Street?
The NYC Department of Finance's 2026/27 assessment roll lists NEW REMAINDERMAN 225 VARICK LLC as the owner of record of 225 Varick Street (BBL 1005810063). 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 225 Varick Street?
225 Varick Street reported an ENERGY STAR score of 77 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 77 earns a B. 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 54.7 kBtu per square foot, 33% below the national median of 81.7 for a similar property. Its greenhouse gas emissions were about 1,741 metric tons of CO2e (5.37 kg per square foot).
Is there construction at 225 Varick Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at 225 Varick Street. In the last two years, interior work was permitted on 12 floors (floors 1 to 12 and the cellar). The newest build-out, on floor 3 and the roof, was first permitted in September 2026 (mechanical; filed cost estimate $480,000). A sidewalk shed permit here is active until November 9, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1005810063. 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 225 Varick Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $50.6 million for 225 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 $5.49 million a year, roughly $18.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005810063 show the actual bill.
What is the assessed value of 225 Varick Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 225 Varick Street at $115.5 million ($4.4 million of it land) and its assessed value at $52 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($103.4 million) to 2026/27.
Are there vacant storefronts at 225 Varick Street?
Owners registered 6 storefronts at 225 Varick Street for December 31, 2024, the newest annual filing the city has published, and 4 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2021. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 225 Varick Street?
No space at 225 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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