Office building · Tribeca, Manhattan

388 Greenwich Street

New York, NY 10013

388 Greenwich Street is a 39-floor office building in Tribeca, Manhattan, built in 1989, with about 2.4 million square feet of office space according to city records.

Also at 388-392 Greenwich Street, 35-49 Hubert Street, 107 North Moore Street, 380-396 Washington Street and 1 more.

Office space
2.4M SF
Floors
39
Year built
1989
Zoning
C6-4

Office space next to its nearest neighbors

  1. 388 Greenwich StreetThis building2.4M SF
  2. Maltz-Franklin Building3 min walk127K SF
  3. B. Frisher Company / Martinson Coffee Building2 min walk50K SF
  4. 174 Hudson Street4 min walk43K SF

The largest of the 36 office buildings we track in Tribeca. Compare it with 6 neighbors

No space at 388 Greenwich Street 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. Nothing free right now? Get tenant alerts for Tribeca and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.

Get an alert

Email me when space at 388 Greenwich Street is listed

No account needed. One email to confirm, then only when a matching space is posted. Stop any time in one click. Privacy

Compared with its neighbors

How 388 Greenwich Street compares

Next to the 6 nearest large office buildings, all within a 5 minute walk, 388 Greenwich Street is the largest by office floor area. Built in 1989, it is the newest of them. Its estimated property tax, about $23.71 a square foot of floor area before abatements, is above the neighbors' median of $13.78.

388 Greenwich Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
388 Greenwich StreetThis building2.4M SF391989$23.71
B. Frisher Company / Martinson Coffee Building, 375 Greenwich Street2 min walk50K SF81905$13.71
Maltz-Franklin Building, 93 Hudson Street3 min walk127K SF161930$16.64
174 Hudson Street4 min walk43K SF61901$14.25
200 Hudson Street5 min walk277K SF121927$13.85
205 Hudson Street5 min walk293K SF121928$11.87
12 Vestry Street5 min walk45K SF71883$13.35
The largest of the 36 office buildings we track in Tribeca: 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
388-392 Greenwich Street; 35-49 Hubert Street; 107 North Moore Street; 380-396 Washington Street; 226-230 West Street
ZIP code
10013
Building type
Office building (city class O4)
Total floor area
2,354,289 SF
Commercial floor area
2,354,289 SF
Office
2,354,289 SF
Height
39 floors
Average floor
About 60,400 SF (floor area divided by floors)
Year built
1989
Last major alteration
2015
Lot area
172,327 SF
Zoning district
C6-4
Built FAR
13.66
Max commercial FAR
10
Tax lot (BBL)
1002160001

Nearest subway

  • Franklin St5 min walk · Not accessible
  • Canal St6 min walk · Not accessible
  • Canal St6 min walk · Not accessible

Nearby large buildings

All 20 large office buildings on Greenwich Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; 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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists CITIGROUP TECHNOLOGY, INC. as the owner of record. For tax year 2026/27 the city values 388 Greenwich Street at $1.14 billion and assesses it at $514.6 million. After phase-ins and exemptions its taxable value is $514.6 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 $55.8 million a year before abatements, roughly $23.71 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
CITIGROUP TECHNOLOGY, INC.
Tax class
Class 4 (commercial and industrial)
City market value
$1,143,532,000
Land market value
$35,996,000
Assessed value
$514,589,400
Estimated yearly tax
About $55.8 million
Tax per SF of floor area
About $23.71

City market value by tax year

  • 2022/23$1.12 billion
  • 2023/24$1.14 billion
  • 2024/25$1.17 billion
  • 2025/26$1.16 billion
  • 2026/27$1.14 billion

Market value rose 2% from 2022/23 ($1.12 billion) to 2026/27.

How Tribeca compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

Manage or lease this building? Claim this page. Requests are reviewed by hand.

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.

Own or manage 388 Greenwich Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.

NYC property records (ACRIS)

Sales history

388 Greenwich Street last sold in June 2016 for $1.77 billion, according to the deed recorded with the city. 388 REALTY OWNER LLC sold it to CITIGROUP TECHNOLOGY, INC.. That comes to about $751 per square foot of floor area.

Last sale (deed date)
June 10, 2016
Price
$1,767,913,114
Price per SF of floor area
About $751
Seller
388 REALTY OWNER LLC
Buyer
CITIGROUP TECHNOLOGY, INC.
Deed recorded
June 13, 2016
ACRIS document
2016041200856004

Recorded sales

All 6 building sales in Tribeca 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.

SEC filings (EDGAR)

Companies with offices here

One public company and 4 investment managers and funds give 388 Greenwich Street as their office address in SEC filings.

Public company

Principal executive office on their latest 10-K or 10-Q

  • CITIGROUP INC (C)10-Q, Aug 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • Citicorp LLC13F, Aug 2026
  • Citigroup Financial Products Inc.13F, Aug 2026
  • Citigroup Global Markets Holdings Inc.13F, Aug 2026
  • Citigroup Global Markets Inc.13F, Aug 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

Have space to sublease at 388 Greenwich Street? List it free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

388 Greenwich Street reported an ENERGY STAR score of 82 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 229.4 kBtu per square foot, 27% below the national median of 314.9 for a similar property. Its greenhouse gas emissions were about 38,265 metric tons of CO2e (16.42 kg per square foot).

ENERGY STAR score (2024)
82 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Financial Office
Site energy use intensity
229.4 kBtu/SF
National median for the type
314.9 kBtu/SF
Greenhouse gas emissions
38,265 t CO2e
Emissions per SF
16.42 kg CO2e
Floor area in the filing
2,329,941 SF

ENERGY STAR score by year

  • 202280 (B)
  • 202382 (B)
  • 202482 (B)

Energy sources in 2024

  • Natural gas70%
  • Electricity30%

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, 388 Greenwich Street comes to about 33,419 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 22,581 tons for 2024 to 2029: about 10,837 tons over, an estimated penalty of $2,904,000 a year. From 2030 the limit drops to 10,071 tons and the same energy use counts as about 26,695 tons, about 16,623 tons over, or an estimated $4,455,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
22,581 t CO2e
Estimated emissions
33,419 t CO2e
Over the limit by
10,837 t CO2e
Estimated penalty a year
$2,904,000
Period
2030 to 2034
Emissions limit
10,071 t CO2e
Estimated emissions
26,695 t CO2e
Over the limit by
16,623 t CO2e
Estimated penalty a year
$4,455,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Data Center 96,270 SF; Medical Office 6,161 SF; Other - Restaurant/Bar 78,500 SF; Financial Office 2,106,918 SF; Bank Branch 8,513 SF; Parking 26,700 SF; Fitness Center/Health Club/Gym 33,579 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.

Own or manage 388 Greenwich Street? List a space here free and we match it against every active requirement.

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 1 job at 388 Greenwich Street. In the last two years, interior work was permitted on 4 floors (floors 5 to 7 and 14 and the cellar). The newest build-out, on floor 5, was first permitted in August 2025 (construction, mechanical; filed cost estimate $370,000).

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
July 2026
Interior build-outs, last 24 months
4
Floors with interior work, last 24 months
5 to 7 and 14, cellar
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 5August 2025Construction, Mechanical; 2 jobs; est. $370,000
  • Floor 14August 2025Construction, Mechanical; 2 jobs; est. $65,000; signed off
  • Floor 6April 2025Construction; est. $213,000; signed off
  • Floor 7, cellarDecember 2024Construction; est. $55,000

New jobs by year

  • 202110
  • 20223
  • 20239
  • 20244
  • 20255
  • 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.

No office space listed in Tribeca yet

Own or broker space at 388 Greenwich Street? List it free: it shows on this page and is matched against every active requirement the day it goes up.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 388 Greenwich Street

How big is 388 Greenwich Street?

388 Greenwich Street has about 2.4 million square feet of floor area in total, including 2.4 million square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 388 Greenwich Street built?

City records list 1989 as the year built, with a major alteration recorded in 2015. The building is 39 floors tall.

What other addresses does 388 Greenwich Street have?

City records list 388-392 Greenwich Street, 35-49 Hubert Street, 107 North Moore Street, 380-396 Washington Street and 226-230 West Street on the same tax lot (BBL 1002160001) as 388 Greenwich Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 388 Greenwich Street?

388 Greenwich 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 388 Greenwich Street, New York, NY 10013, in Tribeca.

What is the zoning at 388 Greenwich Street?

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 13.66 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 388 Greenwich Street?

The closest subway station to 388 Greenwich Street is Franklin St (the 1 train), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: Canal St (the 1 train), 6 min walk; Canal St (the A, C and E trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 388 Greenwich Street?

The NYC Department of Finance's 2026/27 assessment roll lists CITIGROUP TECHNOLOGY, INC. as the owner of record of 388 Greenwich Street (BBL 1002160001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Who are the tenants at 388 Greenwich Street?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 388 Greenwich Street. One public company reports the address as its principal executive office: CITIGROUP INC (C). 4 investment managers and funds file 13F holdings reports from the address, including Citicorp LLC, Citigroup Financial Products Inc. and Citigroup Global Markets Holdings Inc.. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

When was 388 Greenwich Street last sold?

388 Greenwich Street last sold in June 2016 for $1.77 billion, according to the deed recorded with the city. 388 REALTY OWNER LLC sold it to CITIGROUP TECHNOLOGY, INC.. That comes to about $751 per square foot of floor area. The deed is ACRIS document 2016041200856004 (BBL 1002160001) 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 388 Greenwich Street?

388 Greenwich Street reported an ENERGY STAR score of 82 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 82 earns a B. 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 229.4 kBtu per square foot, 27% below the national median of 314.9 for a similar property. Its greenhouse gas emissions were about 38,265 metric tons of CO2e (16.42 kg per square foot).

Does 388 Greenwich Street meet Local Law 97?

At its 2024 energy use, 388 Greenwich Street comes to about 33,419 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 22,581 tons for 2024 to 2029: about 10,837 tons over, an estimated penalty of $2,904,000 a year. From 2030 the limit drops to 10,071 tons and the same energy use counts as about 26,695 tons, about 16,623 tons over, or an estimated $4,455,000 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 388 Greenwich Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 388 Greenwich Street. In the last two years, interior work was permitted on 4 floors (floors 5 to 7 and 14 and the cellar). The newest build-out, on floor 5, was first permitted in August 2025 (construction, mechanical; filed cost estimate $370,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1002160001. 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 388 Greenwich Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $514.6 million for 388 Greenwich Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $55.8 million a year, roughly $23.71 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1002160001 show the actual bill.

What is the assessed value of 388 Greenwich Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 388 Greenwich Street at $1.14 billion ($36 million of it land) and its assessed value at $514.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 2% from 2022/23 ($1.12 billion) to 2026/27.

Is there office space for lease at 388 Greenwich Street?

No space at 388 Greenwich 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.

2,723 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.