Office building with commercial space · NoHo, Manhattan
3 St. Marks Place
New York, NY 10003
3 St. Marks Place is a 9-floor office building with commercial space in NoHo, Manhattan, built in 2023, with about 54,000 square feet of office space according to city records.
Also at 1-3 St. Marks Place and 23-25 Third Avenue.
- Office space
- 54K SF
- Floors
- 9
- Year built
- 2023
- Zoning
- C6-1
The 25th largest of the 27 office buildings we track in NoHo. Compare it with 6 neighbors
No space at 3 St. Marks Place 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.
Compared with its neighbors
How 3 St. Marks Place compares
Next to the 6 nearest large office buildings, all within a 4 minute walk, 3 St. Marks Place ranks 5th of 7 by office floor area. Built in 2023, it is the newest of them. Its estimated property tax, about $16.76 a square foot of floor area before abatements, is above the neighbors' median of $13.17.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 3 St. Marks Place | 54K SF | 9 | 2023 | $16.76 |
| 51 Astor Place | 288K SF | 14 | 2012 | Exempt |
| 419 Lafayette Street | 51K SF | 8 | 1894 | $15.26 |
| 740 Broadway | 294K SF | 12 | 1912 | $15.08 |
| 30 Cooper Square | 52K SF | 10 | 1929 | $11.27 |
| 409 Lafayette Street | 83K SF | 6 | 1892 | $10.23 |
| 726 Broadway | 302K SF | 10 | 1919 | Exempt |
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
- 1-3 St. Marks Place; 23-25 Third Avenue
- ZIP code
- 10003
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 60,528 SF
- Commercial floor area
- 60,528 SF
- Office
- 54,121 SF
- Retail
- 6,407 SF
- Height
- 9 floors
- Average floor
- About 6,700 SF (floor area divided by floors)
- Year built
- 2023
- Lot area
- 6,921 SF
- Zoning district
- C6-1
- Built FAR
- 8.75
- Max commercial FAR
- 6
- Tax lot (BBL)
- 1004640059
Nearest subway
- Astor Pl
- 8 St-NYU
- 3 Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 GABAY & AMERI II LLC as the owner of record. For tax year 2026/27 the city values 3 St. Marks Place at $20.8 million and assesses it at $9.35 million. After phase-ins and exemptions its taxable value is $9.35 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 $1.01 million a year before abatements, roughly $16.76 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
- GABAY & AMERI II LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $20,775,000
- Land market value
- $7,762,000
- Assessed value
- $9,348,750
- Estimated yearly tax
- About $1.01 million
- Tax per SF of floor area
- About $16.76
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 2026-10-02; 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 Department of Buildings permits
Work permits and build-outs
In the 12 months to September 2026, the Department of Buildings issued first permits for 9 jobs at 3 St. Marks Place. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 6 and 7, the cellar and the lobby). The newest build-out, on the lobby, was first permitted in September 2026 (construction; filed cost estimate $519,000).
- New jobs, last 12 months
- 9
- Initial permits, last 12 months
- 10
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 7
- Floors with interior work, last 24 months
- 1, 2, 6 and 7, cellar, lobby
Recent build-outs
New jobs by year
Build-outs across NoHoWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much office space do you need per employee in 2026
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
Rentable vs usable square feet and the loss factor, explained
Rentable vs usable square feet in NYC: what the loss factor is, how to calculate it, and why two 5,000 SF suites at the same rent can be very different deals.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
- Free calculator
Office space calculator
How many square feet your team needs, from headcount and layout to a rentable range.
- Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.
- Free calculator
Commercial Rent Tax calculator
Whether a Manhattan lease owes the city's Commercial Rent Tax, and roughly how much a year.
Questions about 3 St. Marks Place
How big is 3 St. Marks Place?
3 St. Marks Place has about 61,000 square feet of floor area in total, including 54,000 square feet of office and 6,000 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 3 St. Marks Place built?
City records list 2023 as the year built. The building is 9 floors tall.
What other addresses does 3 St. Marks Place have?
City records list 1-3 St. Marks Place and 23-25 Third Avenue on the same tax lot (BBL 1004640059) as 3 St. Marks Place. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 3 St. Marks Place?
3 St. Marks Place is in ZIP code 10003, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 3 St. Marks Place, New York, NY 10003, in NoHo.
What is the zoning at 3 St. Marks Place?
The lot is in the C6-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 8.75 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 3 St. Marks Place?
The closest subway station to 3 St. Marks Place is Astor Pl (the 6 train), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 8 St-NYU (the R and W trains), 3 min walk; 3 Av (the L train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 3 St. Marks Place?
The NYC Department of Finance's 2026/27 assessment roll lists GABAY & AMERI II LLC as the owner of record of 3 St. Marks Place (BBL 1004640059). 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 3 St. Marks Place?
In the 12 months to September 2026, the Department of Buildings issued first permits for 9 jobs at 3 St. Marks Place. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 6 and 7, the cellar and the lobby). The newest build-out, on the lobby, was first permitted in September 2026 (construction; filed cost estimate $519,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1004640059. 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 3 St. Marks Place?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.35 million for 3 St. Marks Place. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.01 million a year, roughly $16.76 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1004640059 show the actual bill.
What is the assessed value of 3 St. Marks Place?
For tax year 2026/27, the NYC Department of Finance puts the market value of 3 St. Marks Place at $20.8 million ($7.76 million of it land) and its assessed value at $9.35 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1012% from 2022/23 ($1.87 million) to 2026/27.
Is there office space for lease at 3 St. Marks Place?
No space at 3 St. Marks Place 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.
1,677 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
NoHo
Transit hubs in NoHo
- 6 at Bleecker St
- B D F M at Broadway-Lafayette