Office building · Financial District, Manhattan

Standard Oil Building

26 Broadway, New York, NY 10004

The Standard Oil Building (26 Broadway) is a 32-floor office building in the Financial District, Manhattan, built in 1885, with about 857,000 square feet of office space according to city records.

Also at 1-11 Beaver Street, 10-30 Broadway and 73-81 New Street.

Office space
857K SF
Floors
32
Year built
1885
Zoning
C5-5

Office space next to its nearest neighbors

  1. 60 Broad Street1 min walk957K SF
  2. Standard Oil BuildingThis building857K SF
  3. 42 Broadway1 min walk383K SF
  4. 32 Broadway1 min walk135K SF

The 28th 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 Standard Oil Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Standard Oil Building ranks 2nd of 7 by office floor area. Built in 1885, it is the oldest of them. Its estimated property tax, about $8.60 a square foot of floor area before abatements, is close to the neighbors' median of $8.31.

The Standard Oil 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
Standard Oil Building, 26 BroadwayThis building857K SF321885$8.60Mar 2007, $225M
32 Broadway1 min walk135K SF181898$7.15n/a
42 Broadway1 min walk383K SF211904$8.64n/a
60 Broad Street1 min walk957K SF381961$10.50Dec 2003, $214M
50 Broad Street1 min walk196K SF201913$7.97n/a
50 Broadway1 min walk280K SF381927$9.71n/a
29 Broadway1 min walk312K SF311925$5.70n/a
The 28th 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
Standard Oil Building
Other addresses
1-11 Beaver Street; 10-30 Broadway; 73-81 New Street
ZIP code
10004
Building type
Office building (city class O4)
Total floor area
860,889 SF
Commercial floor area
860,889 SF
Office
856,889 SF
Retail
3,500 SF
Industrial and storage
500 SF
Height
32 floors
Average floor
About 26,900 SF (floor area divided by floors)
Year built
1885
Lot area
46,055 SF
Zoning district
C5-5
Built FAR
18.69
Max commercial FAR
15
Landmark status
Individual landmark
Tax lot (BBL)
1000220013

Nearest subway

  • Bowling Green1 min walk · Accessible station
  • Broad St2 min walk · Not accessible
  • Rector St3 min walk · Not accessible

Nearby large buildings

All 168 large office buildings on Broadway

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); 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 3 storefronts at the Standard Oil Building for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 3 stood vacant.

Storefronts registered for December 31, 2025
3
Vacant that day
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

  • 20190 of 3
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20231 of 3
  • 20241 of 3
  • 20250 of 3

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 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 BROADWAY 26 WATERVIEW LLC as the owner of record. For tax year 2026/27 the city values the Standard Oil Building at $151.7 million and assesses it at $68.3 million. After phase-ins and exemptions its taxable value is $68.3 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 $7.41 million a year before abatements, roughly $8.60 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
BROADWAY 26 WATERVIEW LLC
Tax class
Class 4 (commercial and industrial)
City market value
$151,739,000
Land market value
$27,700,000
Assessed value
$68,282,550
Estimated yearly tax
About $7.41 million
Tax per SF of floor area
About $8.60

City market value by tax year

  • 2022/23$141.7 million
  • 2023/24$148 million
  • 2024/25$164.1 million
  • 2025/26$151.6 million
  • 2026/27$151.7 million

Market value rose 7% from 2022/23 ($141.7 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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How to find who owns any NYC building

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 property records (ACRIS)

Sales history

The Standard Oil Building last sold in March 2007 for $225 million, according to the deed recorded with the city. INDEPENDENCE LLC sold it to BROADWAY 26 WATERVIEW LLC. That comes to about $261 per square foot of floor area.

Last sale (deed date)
March 23, 2007
Price
$225,000,000
Price per SF of floor area
About $261
Seller
INDEPENDENCE LLC
Buyer
BROADWAY 26 WATERVIEW LLC
Deed recorded
April 9, 2007
ACRIS document
2007032800500001
All 19 building sales in the Financial District since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

The Standard Oil Building reported an ENERGY STAR score of 69 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 107 kBtu per square foot, 24% below the national median of 141.4 for a similar property. Its greenhouse gas emissions were about 8,555 metric tons of CO2e (9.94 kg per square foot).

ENERGY STAR score (2024)
69 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Office
Site energy use intensity
107 kBtu/SF
National median for the type
141.4 kBtu/SF
Greenhouse gas emissions
8,555 t CO2e
Emissions per SF
9.94 kg CO2e
Floor area in the filing
860,889 SF

ENERGY STAR score by year

  • 202287 (A)
  • 202390 (A)
  • 202469 (C)

Energy sources in 2024

  • Fuel oil54%
  • Electricity46%

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, the Standard Oil Building comes to about 7,273 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 6,526 tons for 2024 to 2029: about 748 tons over, an estimated penalty of $200,000 a year. From 2030 the limit drops to 2,317 tons and the same energy use counts as about 5,494 tons, about 3,178 tons over, or an estimated $852,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
6,526 t CO2e
Estimated emissions
7,273 t CO2e
Over the limit by
748 t CO2e
Estimated penalty a year
$200,000
Period
2030 to 2034
Emissions limit
2,317 t CO2e
Estimated emissions
5,494 t CO2e
Over the limit by
3,178 t CO2e
Estimated penalty a year
$852,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 860,889 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.

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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 3 jobs at the Standard Oil Building. In the last two years, interior work was permitted on 4 floors (floors 7, 9, 15 and 22). The newest build-out, on floor 22, was first permitted in September 2026 (construction, mechanical, plumbing; filed cost estimate $100,000). A sidewalk shed permit here is active until November 3, 2026.

New jobs, last 12 months
3
Initial permits, last 12 months
5
Newest job first permitted
September 2026
Interior build-outs, last 24 months
4
Floors with interior work, last 24 months
7, 9, 15 and 22
Facade and sidewalk jobs, last 24 months
2
Sidewalk shed permit
Active until Nov 3, 2026

Recent build-outs

  • Floor 22September 2026Construction, Mechanical, Plumbing; est. $100,000
  • Floor 9November 2025Construction; est. $60,000
  • Floor 7November 2025Construction; est. $402,000; signed off
  • Floor 15January 2025Construction, Plumbing, Sprinklers; est. $1.5 million

New jobs by year

  • 202110
  • 20229
  • 20231
  • 20243
  • 20256
  • 2026 to date1

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.

Landmarks Preservation Commission records

Architecture and history

The Standard Oil Building was designed by Ebenezer L. Roberts and built in 1884-1885 in the Renaissance style. The Landmarks Preservation Commission designated it a New York City landmark on September 19, 1995.

Architect
Ebenezer L. Roberts
Constructed
1884-1885
Style
Renaissance
Primary material
Indiana limestone
Built as
Office building
City landmark
Standard Oil Building: individual landmark, designated September 19, 1995 (LP-01930)

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 Standard Oil Building

How big is the Standard Oil Building?

The Standard Oil Building has about 861,000 square feet of floor area in total, including 857,000 square feet of office, 4,000 square feet of retail and 1,000 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 the Standard Oil Building built?

The Landmarks Preservation Commission's building records date the Standard Oil Building to 1884-1885, designed by Ebenezer L. Roberts. The building is 32 floors tall.

Who designed the Standard Oil Building?

Ebenezer L. Roberts, according to the Landmarks Preservation Commission's building records, which list the style as Renaissance and its original use as an office building.

Is the Standard Oil Building a New York City landmark?

Yes. The Landmarks Preservation Commission designated the Standard Oil Building an individual landmark on September 19, 1995 (LP-01930). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the Standard Oil Building?

The Standard Oil Building is at 26 Broadway in the Financial District, Manhattan. City records list 1-11 Beaver Street, 10-30 Broadway and 73-81 New Street on the same tax lot (BBL 1000220013). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 26 Broadway?

26 Broadway is in ZIP code 10004, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Standard Oil Building is at 26 Broadway, New York, NY 10004, in the Financial District.

What is the zoning at the Standard Oil Building?

The lot is in the C5-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 18.69 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Standard Oil Building?

The closest subway station to the Standard Oil Building is Bowling Green (the 4 and 5 trains), about 400 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Broad St (the J and Z trains), 2 min walk; Rector St (the R and W trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Standard Oil Building?

The NYC Department of Finance's 2026/27 assessment roll lists BROADWAY 26 WATERVIEW LLC as the owner of record of the Standard Oil Building (BBL 1000220013). 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 the Standard Oil Building last sold?

The Standard Oil Building last sold in March 2007 for $225 million, according to the deed recorded with the city. INDEPENDENCE LLC sold it to BROADWAY 26 WATERVIEW LLC. That comes to about $261 per square foot of floor area. The deed is ACRIS document 2007032800500001 (BBL 1000220013) 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 is the energy grade of the Standard Oil Building?

The Standard Oil Building reported an ENERGY STAR score of 69 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 69 earns a C. 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 kBtu per square foot, 24% below the national median of 141.4 for a similar property. Its greenhouse gas emissions were about 8,555 metric tons of CO2e (9.94 kg per square foot).

Does the Standard Oil Building meet Local Law 97?

At its 2024 energy use, the Standard Oil Building comes to about 7,273 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 6,526 tons for 2024 to 2029: about 748 tons over, an estimated penalty of $200,000 a year. From 2030 the limit drops to 2,317 tons and the same energy use counts as about 5,494 tons, about 3,178 tons over, or an estimated $852,000 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 Standard Oil Building?

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at the Standard Oil Building. In the last two years, interior work was permitted on 4 floors (floors 7, 9, 15 and 22). The newest build-out, on floor 22, was first permitted in September 2026 (construction, mechanical, plumbing; filed cost estimate $100,000). A sidewalk shed permit here is active until November 3, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1000220013. 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 Standard Oil Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $68.3 million for the Standard Oil Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.41 million a year, roughly $8.60 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000220013 show the actual bill.

What is the assessed value of the Standard Oil Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Standard Oil Building at $151.7 million ($27.7 million of it land) and its assessed value at $68.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($141.7 million) to 2026/27.

Are there vacant storefronts at the Standard Oil Building?

Owners registered 3 storefronts at the Standard Oil Building for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 3 stood vacant. 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 the Standard Oil Building?

No space at 26 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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