Warehouse · Hudson Square, Manhattan
319 Spring Street
New York, NY 10013
319 Spring Street is a 3-floor warehouse in Hudson Square, Manhattan, built in 1949, with about 462,000 square feet of industrial and storage space according to city records.
Also at 516-586 Greenwich Street, 319-333 Spring Street, 495-551 Washington Street and 315-325 West Houston Street.
- Industrial and storage space
- 462K SF
- Floors
- 3
- Year built
- 1949
- Zoning
- M2-4
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Compared with its neighbors
How 319 Spring Street compares
Next to the 6 nearest large commercial buildings, all within a 2 minute walk, 319 Spring Street ranks 4th of 7 by commercial floor area. It went up in 1949; the median neighbor dates from 1950. Its estimated property tax, about $4.68 a square foot of floor area before abatements, is below the neighbors' median of $18.68.
| Building | Commercial space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 319 Spring Street | 480K SF | 3 | 1949 | $4.68 |
| 561 Greenwich Street | 208K SF | 16 | 2021 | $18.93 |
| 532 Washington Street | 1.0M SF | 12 | 1933 | $33.07 |
| 341 Hudson Street | 797K SF | 17 | 1931 | $18.44 |
| 323 Hudson Street | 194K SF | 10 | 1967 | $22.17 |
| 333 Hudson Street | 101K SF | 10 | 1925 | $8.57 |
| 375 Hudson Street | 1.1M SF | 18 | 1987 | $17.77 |
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
- 516-586 Greenwich Street; 319-333 Spring Street; 495-551 Washington Street; 315-325 West Houston Street
- ZIP code
- 10013
- Building type
- Warehouse (city class E9)
- Total floor area
- 479,500 SF
- Commercial floor area
- 479,500 SF
- Office
- 9,064 SF
- Retail
- 7,950 SF
- Industrial and storage
- 462,486 SF
- Height
- 3 floors
- Average floor
- About 159,800 SF (floor area divided by floors)
- Year built
- 1949
- Last major alteration
- 1990
- Lot area
- 151,425 SF
- Zoning district
- M2-4
- Built FAR
- 3.17
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1005960092
Nearest subway
- Houston St
- Spring St
- Canal St
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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists UNITED PARCEL SERVICE INC as the owner of record. For tax year 2026/27 the city values 319 Spring Street at $50 million and assesses it at $22.5 million. After phase-ins and exemptions its taxable value is $20.7 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 $2.24 million a year before abatements, roughly $4.68 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
- UNITED PARCEL SERVICE INC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $50,045,000
- Land market value
- $8,979,000
- Assessed value
- $22,520,250
- Taxable value (phased in)
- $20,692,350
- Estimated yearly tax
- About $2.24 million
- Tax per SF of floor area
- About $4.68
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
319 Spring Street reported an ENERGY STAR score of 1 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 141.5 kBtu per square foot, 4.6 times the national median of 31 for a similar property. Its greenhouse gas emissions were about 2,820 metric tons of CO2e (10.98 kg per square foot).
- ENERGY STAR score (2024)
- 1 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Distribution Center
- Site energy use intensity
- 141.5 kBtu/SF
- National median for the type
- 31 kBtu/SF
- Greenhouse gas emissions
- 2,820 t CO2e
- Emissions per SF
- 10.98 kg CO2e
- Floor area in the filing
- 256,764 SF
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
The Department of Buildings issued no permits for new jobs at 319 Spring Street in the 12 months to October 2026; the last one was first permitted in October 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- October 2023
- Interior build-outs, last 24 months
- 0
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
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
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.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 319 Spring Street
How big is 319 Spring Street?
319 Spring Street has about 480,000 square feet of floor area in total, including 9,000 square feet of office, 8,000 square feet of retail and 462,000 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 319 Spring Street built?
City records list 1949 as the year built, with a major alteration recorded in 1990. The building is 3 floors tall.
What other addresses does 319 Spring Street have?
City records list 516-586 Greenwich Street, 319-333 Spring Street, 495-551 Washington Street and 315-325 West Houston Street on the same tax lot (BBL 1005960092) as 319 Spring Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 319 Spring Street?
319 Spring 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 319 Spring Street, New York, NY 10013, in Hudson Square.
What is the zoning at 319 Spring Street?
The lot is in the M2-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.17 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 319 Spring Street?
The closest subway station to 319 Spring Street is Houston St (the 1 train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: Spring St (the C and E trains), 6 min walk; Canal St (the 1 train), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 319 Spring Street?
The NYC Department of Finance's 2026/27 assessment roll lists UNITED PARCEL SERVICE INC as the owner of record of 319 Spring Street (BBL 1005960092). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 319 Spring Street?
319 Spring Street reported an ENERGY STAR score of 1 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 1 earns a D. 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 141.5 kBtu per square foot, 4.6 times the national median of 31 for a similar property. Its greenhouse gas emissions were about 2,820 metric tons of CO2e (10.98 kg per square foot).
Is there construction at 319 Spring Street?
The Department of Buildings issued no permits for new jobs at 319 Spring Street in the 12 months to October 2026; the last one was first permitted in October 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1005960092. 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 319 Spring Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $20.7 million for 319 Spring Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.24 million a year, roughly $4.68 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005960092 show the actual bill.
What is the assessed value of 319 Spring Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 319 Spring Street at $50 million ($8.98 million of it land) and its assessed value at $22.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 21% from 2022/23 ($41.5 million) to 2026/27.
Is there industrial and storage space for lease at 319 Spring Street?
No space at 319 Spring 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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Hudson Square
Transit hubs in Hudson Square
- 1 at Houston St
- C E at Spring St
- 1 at Canal St
- A C E at Canal St