Office building with commercial space · Washington Heights, Manhattan

Lasker Biomedical Research Building

3940 Broadway, New York, NY 10032

The Lasker Biomedical Research Building (3940 Broadway) is a 6-floor office building with commercial space in Washington Heights, Manhattan, built in 1900, with about 127,000 square feet of office space according to city records.

Also at 3940-3960 Broadway, 1101-1121 St. Nicholas Avenue, 537-565 West 165th Street and 560-570 West 166th Street.

Office space
127K SF
Floors
6
Year built
1900
Zoning
C6-2

Office space next to its nearest neighbors

  1. Lasker Biomedical Research BuildingThis building127K SF
  2. 74 Wadsworth Avenue11 min walk47K SF
  3. 1112 St. Nicholas Avenue1 min walk43K SF
  4. 2410 Amsterdam Avenue14 min walk36K SF

The largest of the 6 office buildings we track in Washington Heights. Compare it with 5 neighbors

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Compared with its neighbors

How the Lasker Biomedical Research Building compares

Next to the 5 nearest large office buildings, all within a 15 minute walk, the Lasker Biomedical Research Building is the largest by office floor area. Built in 1900, it is the oldest of them. Its property tax is fully exempt on the city's assessment roll.

The Lasker Biomedical Research Building and the 5 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
Lasker Biomedical Research Building, 3940 BroadwayThis building127K SF61900Exempt
1112 St. Nicholas Avenue1 min walk43K SF72008Exempt
74 Wadsworth Avenue11 min walk47K SF81913$5.84
2410 Amsterdam Avenue14 min walk36K SF41926$8.89
2420 Amsterdam Avenue15 min walk118K SF222019$12.77
516 West 181st Street15 min walk52K SF61917$8.58
The largest of the 6 office buildings we track in Washington Heights: 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

Building name
Lasker Biomedical Research Building
Other addresses
3940-3960 Broadway; 1101-1121 St. Nicholas Avenue; 537-565 West 165th Street; 560-570 West 166th Street
ZIP code
10032
Building type
Office building with commercial space (city class O5)
Total floor area
126,744 SF
Commercial floor area
126,744 SF
Office
126,744 SF
Height
6 floors
Average floor
About 21,100 SF (floor area divided by floors)
Year built
1900
Lot area
42,856 SF
Zoning district
C6-2
Built FAR
2.96
Max commercial FAR
6
Tax lot (BBL)
1021240043

Nearest subway

  • 168 St-Washington Hts2 min walk · Not accessible · connects to 168 St
  • 163 St-Amsterdam Av5 min walk · Not accessible
  • 157 St9 min walk · Not accessible

Nearby large buildings

All 168 large office buildings on Broadway

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses and building name 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 NYC DCAS (the city's Department of Citywide Administrative Services) as the owner of record. For tax year 2026/27 the city values the Lasker Biomedical Research Building at $33.9 million and assesses it at $15.3 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
NYC DCAS (the city's Department of Citywide Administrative Services)
Tax class
Class 4 (commercial and industrial)
City market value
$33,915,000
Land market value
$1,930,000
Assessed value
$15,261,750
Exemptions
$15,261,750
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$29.1 million
  • 2023/24$30.9 million
  • 2024/25$32.1 million
  • 2025/26$34.6 million
  • 2026/27$33.9 million

Market value rose 17% from 2022/23 ($29.1 million) to 2026/27.

How Washington Heights compares: property tax per SF across NYC neighborhoodsHow NYC commercial property tax works, and why some towers show $0

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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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

The Lasker Biomedical Research Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 391.4 kBtu per square foot, 2.1 times the national median of 186 for a similar property. Its greenhouse gas emissions were about 2,949 metric tons of CO2e (29.95 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Laboratory
Site energy use intensity
391.4 kBtu/SF
National median for the type
186 kBtu/SF
Greenhouse gas emissions
2,949 t CO2e
Emissions per SF
29.95 kg CO2e
Floor area in the filing
98,475 SF

Energy sources in 2024

  • Natural gas62%
  • Electricity38%

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.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at the Lasker Biomedical Research Building in the 12 months to October 2026; the last one was first permitted in December 2023.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
December 2023
Interior build-outs, last 24 months
0

New jobs by year

  • 20211
  • 20220
  • 20231
  • 20240
  • 20250
  • 2026 to date0

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.

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Questions about Lasker Biomedical Research Building

How big is the Lasker Biomedical Research Building?

The Lasker Biomedical Research Building has about 127,000 square feet of floor area in total, including 127,000 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 the Lasker Biomedical Research Building built?

City records list 1900 as the year built. The building is 6 floors tall.

What is the address of the Lasker Biomedical Research Building?

The Lasker Biomedical Research Building is at 3940 Broadway in Washington Heights, Manhattan. City records list 3940-3960 Broadway, 1101-1121 St. Nicholas Avenue, 537-565 West 165th Street and 560-570 West 166th Street on the same tax lot (BBL 1021240043). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 3940 Broadway?

3940 Broadway is in ZIP code 10032, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Lasker Biomedical Research Building is at 3940 Broadway, New York, NY 10032, in Washington Heights.

What is the zoning at the Lasker Biomedical Research Building?

The lot is in the C6-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.96 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to the Lasker Biomedical Research Building?

The closest subway station to the Lasker Biomedical Research Building is 168 St-Washington Hts (the 1, A and C trains, connected to 168 St), about 500 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 163 St-Amsterdam Av (the C train), 5 min walk; 157 St (the 1 train), 9 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Lasker Biomedical Research Building?

The NYC Department of Finance's 2026/27 assessment roll lists NYC DCAS (the city's Department of Citywide Administrative Services) as the owner of record of the Lasker Biomedical Research Building (BBL 1021240043). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Does the Lasker Biomedical Research Building have an energy grade?

The Lasker Biomedical Research Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 391.4 kBtu per square foot, 2.1 times the national median of 186 for a similar property. Its greenhouse gas emissions were about 2,949 metric tons of CO2e (29.95 kg per square foot).

Is there construction at the Lasker Biomedical Research Building?

The Department of Buildings issued no permits for new jobs at the Lasker Biomedical Research Building in the 12 months to October 2026; the last one was first permitted in December 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1021240043. 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 the Lasker Biomedical Research Building?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of the Lasker Biomedical Research Building, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1021240043 show what is actually billed.

What is the assessed value of the Lasker Biomedical Research Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Lasker Biomedical Research Building at $33.9 million ($1.93 million of it land) and its assessed value at $15.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 17% from 2022/23 ($29.1 million) to 2026/27.

Is there office space for lease at the Lasker Biomedical Research Building?

No space at 3940 Broadway 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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