261 Canal Street

261 Canal Street has about 103,000 square feet of floor area in total, including 70,000 square feet of office, 15,000 square feet of retail and 17,000 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.

The Landmarks Preservation Commission's building records date 261 Canal Street to c. 1853-1857. The building is 6 floors tall.

City records list 261-267 Canal Street and 21-23 Howard Street on the same tax lot (BBL 1002090028) as 261 Canal Street. A space listed on Leasemark at any of these addresses shows up on this page.

261 Canal 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 261 Canal Street, New York, NY 10013, in SoHo.

The lot is in the M1-5/R9X zoning district. PLUTO lists a built floor area ratio (FAR) of 5.74 and a maximum commercial FAR of 5 for this lot. It is inside the SoHo-Cast Iron Historic District Extension, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to 261 Canal Street is Canal St (the 6, J, N, Q, R, W and Z trains), about 200 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Canal St (the A, C and E trains), 5 min walk; Spring St (the 6 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists EMPIRE 261 CANAL LLC as the owner of record of 261 Canal Street (BBL 1002090028). 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.

261 Canal Street last sold in May 2026 for $36 million, according to the deed recorded with the city. 267 CANAL STREET CORP. sold it to 1-21 HOWARD AIDAN TIC LLC, CANNON HOWARD RE PARTNERS LLC and others. That comes to about $349 per square foot of floor area. The deed is ACRIS document 2026050700873001 (BBL 1002090028) 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.

261 Canal Street reported an ENERGY STAR score of 91 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 91 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 33.8 kBtu per square foot, less than half the national median of 73.2 for a similar property. Its greenhouse gas emissions were about 383 metric tons of CO2e (3.71 kg per square foot).

In the 12 months to September 2026, the Department of Buildings issued first permits for 3 jobs at 261 Canal Street. In the last two years, interior work was permitted on 4 floors (floors 1 to 3 and 5 and the cellar). The newest build-out, on floors 1 to 3 and 5 and the cellar, was first permitted in July 2026 (construction, plumbing; filed cost estimate $132,000). A sidewalk shed permit here is active until December 26, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1002090028. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.4 million for 261 Canal Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.24 million a year, roughly $12.03 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1002090028 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 261 Canal Street at $27.4 million ($2.29 million of it land) and its assessed value at $12.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 25% from 2022/23 ($21.9 million) to 2026/27.

No space at 261 Canal 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.