Office building · NoHo, Manhattan

298 Lafayette Street

New York, NY 10012

298 Lafayette Street is an office building in NoHo, Manhattan, built in 2017, with about 49,000 square feet of office space according to city records.

Also at 133-141 Crosby Street, 21-29 East Houston Street and 298-308 Lafayette Street.

Office space
49K SF
Floors
n/a
Year built
2017
Zoning
M1-5/R9X

Office space next to its nearest neighbors

  1. 298 Lafayette StreetThis building49K SF
  2. 600 Broadway1 min walk48K SF
  3. 598 Broadway1 min walk37K SF

The 28th largest of the 33 office buildings we track in NoHo. Compare it with 6 neighbors

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Compared with its neighbors

How 298 Lafayette Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 298 Lafayette Street ranks 5th of 7 by office floor area. Built in 2017, it is the newest of them. Its estimated property tax, about $38.38 a square foot of floor area before abatements, is above the neighbors' median of $19.72.

298 Lafayette Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
298 Lafayette StreetThis building49K SFn/a2017$38.38
600 Broadway1 min walk48K SF61884$38.49
598 Broadway1 min walk37K SF121898$17.59
592 Broadway1 min walk212K SF121898$10.02
610 Broadway1 min walk56K SF62004$32.55
584 Broadway1 min walk244K SF121898$15.61
622 Broadway1 min walk65K SF61882$21.85
The 28th largest of the 33 office buildings we track in NoHo: 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). 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 addresses
133-141 Crosby Street; 21-29 East Houston Street; 298-308 Lafayette Street
ZIP code
10012
Building type
Office building (city class O3)
Total floor area
59,757 SF
Commercial floor area
59,757 SF
Office
48,750 SF
Retail
11,007 SF
Year built
2017
Lot area
11,622 SF
Zoning district
M1-5/R9X
Built FAR
5.14
Max commercial FAR
5
Historic district
SoHo-Cast Iron Historic District Extension
Tax lot (BBL)
1005100038

Nearest subway

  • Broadway-Lafayette St1 min walk · Accessible station · connects to Bleecker St
  • Prince St2 min walk · Not accessible
  • Spring St4 min walk · Not accessible

Nearby large buildings

All 16 large office buildings on Lafayette Street

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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists LVC 298, LLC as the owner of record. For tax year 2026/27 the city values 298 Lafayette Street at $57.4 million and assesses it at $25.8 million. After phase-ins and exemptions its taxable value is $21.1 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 $2.29 million a year before abatements, roughly $38.38 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
LVC 298, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$57,405,000
Land market value
$4,565,000
Assessed value
$25,832,250
Taxable value (phased in)
$21,139,920
Estimated yearly tax
About $2.29 million
Tax per SF of floor area
About $38.38

City market value by tax year

  • 2022/23$15.4 million
  • 2023/24$52.2 million
  • 2024/25$54.5 million
  • 2025/26$55.3 million
  • 2026/27$57.4 million

Market value rose 272% from 2022/23 ($15.4 million) to 2026/27.

How NoHo 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.

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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 12 jobs at 298 Lafayette Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 2, the cellar and the sub-cellar). The newest build-out, on floor 1 and the facade, was first permitted in November 2025 (construction, mechanical, plumbing, sprinklers, sign; filed cost estimate $200,000).

New jobs, last 12 months
12
Initial permits, last 12 months
16
Newest job first permitted
September 2026
Interior build-outs, last 24 months
4
Floors with interior work, last 24 months
1 and 2, cellar, sub-cellar
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 1, facadeNovember 2025Construction, Mechanical, Plumbing, Sprinklers, Sign; est. $200,000
  • Floor 1, cellar, sub-cellarMay 2025Construction, Mechanical, Plumbing, Sprinklers, Standpipe, Structural; 2 jobs; est. $2.6 million; signed off
  • Floor 1April 2025Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $3.6 million
  • Floors 1 and 2, cellar, sub-cellarNovember 2024Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $2 million; signed off

New jobs by year

  • 20212
  • 20220
  • 20231
  • 20241
  • 202514
  • 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.

Landmarks Preservation Commission records

Architecture and history

It stands in the SoHo-Cast Iron Historic District Extension, so exterior changes and new signage go through the Landmarks Preservation Commission.

Built as
Gas station

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-08. A designation can cover part of a lot, such as a facade or a lobby interior.

Before you sign

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Questions about 298 Lafayette Street

How big is 298 Lafayette Street?

298 Lafayette Street has about 60,000 square feet of floor area in total, including 49,000 square feet of office and 11,000 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 298 Lafayette Street built?

City records list 2017 as the year built.

What other addresses does 298 Lafayette Street have?

City records list 133-141 Crosby Street, 21-29 East Houston Street and 298-308 Lafayette Street on the same tax lot (BBL 1005100038) as 298 Lafayette Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 298 Lafayette Street?

298 Lafayette Street is in ZIP code 10012, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 298 Lafayette Street, New York, NY 10012, in NoHo.

What is the zoning at 298 Lafayette Street?

The lot is in the M1-5/R9X zoning district. PLUTO lists a built floor area ratio (FAR) of 5.14 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.

What subway station is closest to 298 Lafayette Street?

The closest subway station to 298 Lafayette Street is Broadway-Lafayette St (the B, D, F, M and 6 trains, connected to Bleecker St), about 200 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Prince St (the R and W trains), 2 min walk; Spring St (the 6 train), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 298 Lafayette Street?

The NYC Department of Finance's 2026/27 assessment roll lists LVC 298, LLC as the owner of record of 298 Lafayette Street (BBL 1005100038). 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.

Is there construction at 298 Lafayette Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 12 jobs at 298 Lafayette Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 2, the cellar and the sub-cellar). The newest build-out, on floor 1 and the facade, was first permitted in November 2025 (construction, mechanical, plumbing, sprinklers, sign; filed cost estimate $200,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1005100038. 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 298 Lafayette Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $21.1 million for 298 Lafayette Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.29 million a year, roughly $38.38 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005100038 show the actual bill.

What is the assessed value of 298 Lafayette Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 298 Lafayette Street at $57.4 million ($4.57 million of it land) and its assessed value at $25.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 272% from 2022/23 ($15.4 million) to 2026/27.

Is there office space for lease at 298 Lafayette Street?

No space at 298 Lafayette 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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