Office building · Financial District, Manhattan

42 Broadway

New York, NY 10004

42 Broadway is a 21-floor office building in the Financial District, Manhattan, built in 1904, with about 383,000 square feet of office space according to city records.

Also at 36-42 Broadway and 49-67 New Street.

Office space
383K SF
Floors
21
Year built
1904
Zoning
C5-5

Office space next to its nearest neighbors

  1. 42 BroadwayThis building383K SF
  2. 50 Broadway1 min walk280K SF
  3. 52 Broadway1 min walk278K SF
  4. 32 Broadway1 min walk135K SF

The 58th largest of the 106 office buildings we track in the Financial District. Compare it with 6 neighbors

No space at 42 Broadway 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 the Financial District 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 42 Broadway 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 42 Broadway compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 42 Broadway ranks 3rd of 7 by office floor area. It went up in 1904; the median neighbor dates from 1905. Its estimated property tax, about $8.64 a square foot of floor area before abatements, is close to the neighbors' median of $8.29.

42 Broadway and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
42 BroadwayThis building383K SF211904$8.64
32 Broadway1 min walk135K SF181898$7.15
50 Broadway1 min walk280K SF381927$9.71
52 Broadway1 min walk278K SF191897$10.92
Standard Oil Building, 26 Broadway1 min walk857K SF321885$8.60
50 Broad Street1 min walk196K SF201913$7.97
39 Broadway1 min walk430K SF381928$7.99
The 58th largest of the 106 office buildings we track in the Financial District: 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
36-42 Broadway; 49-67 New Street
ZIP code
10004
Building type
Office building (city class O4)
Total floor area
389,927 SF
Commercial floor area
389,927 SF
Office
383,317 SF
Retail
6,610 SF
Height
21 floors
Average floor
About 18,600 SF (floor area divided by floors)
Year built
1904
Lot area
21,490 SF
Zoning district
C5-5
Built FAR
18.14
Max commercial FAR
15
Tax lot (BBL)
1000220020

Nearest subway

  • Broad St2 min walk · Not accessible
  • Rector St2 min walk · Not accessible
  • Bowling Green2 min walk · Accessible station

Nearby large buildings

All 168 large office buildings on Broadway

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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 4 storefronts at 42 Broadway for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 3 did.

Storefronts registered for December 31, 2025
4
Vacant that day
1
Share vacant across the Financial District
16.3%
Share vacant along Broadway
12.0%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 5
  • 20200 of 5
  • 20210 of 3
  • 20220 of 4
  • 20230 of 3
  • 20240 of 3
  • 20251 of 4

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 42 Broadway? Listing it is free, and it is matched against every active requirement for retail space in the Financial District the day it goes up.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 32-42 BROADWAY OWNER, LLC as the owner of record. For tax year 2026/27 the city values 42 Broadway at $69 million and assesses it at $31.1 million. After phase-ins and exemptions its taxable value is $31.1 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 $3.37 million a year before abatements, roughly $8.64 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
32-42 BROADWAY OWNER, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$69,028,000
Land market value
$18,600,000
Assessed value
$31,062,600
Estimated yearly tax
About $3.37 million
Tax per SF of floor area
About $8.64

City market value by tax year

  • 2022/23$63.1 million
  • 2023/24$69.8 million
  • 2024/25$71.3 million
  • 2025/26$76.1 million
  • 2026/27$69 million

Market value rose 9% from 2022/23 ($63.1 million) to 2026/27.

How the Financial District 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 42 Broadway? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

42 Broadway's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 64.8 kBtu per square foot, 14% above the national median of 56.9 for a similar property. Its greenhouse gas emissions were about 3,153 metric tons of CO2e (5.72 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Office
Site energy use intensity
64.8 kBtu/SF
National median for the type
56.9 kBtu/SF
Greenhouse gas emissions
3,153 t CO2e
Emissions per SF
5.72 kg CO2e
Floor area in the filing
550,738 SF
Tax lots in the filing
2

Energy sources in 2024

  • Electricity57%
  • Natural gas43%

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, one filing for 2 tax lots), 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 42 Broadway comes to about 2,536 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,175 tons for 2024 to 2029 (61% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,482 tons and the same energy use counts as about 1,679 tons, about 197 tons over, or an estimated $53,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
4,175 t CO2e
Estimated emissions
2,536 t CO2e
Under the limit by
1,639 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
1,482 t CO2e
Estimated emissions
1,679 t CO2e
Over the limit by
197 t CO2e
Estimated penalty a year
$53,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 550,738 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. The filing covers 2 tax lots together, so these figures are for the whole property.

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 42 Broadway? 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 30 jobs at 42 Broadway. In the last two years, interior work was permitted on 13 floors (floors 1 to 4, 6, 7, 10, 11, 13, 15 to 17 and 20, the basement, the cellar, the ground floor, the mezzanine and the underground). The newest build-out, on floor 17, was first permitted in October 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $561,000). A sidewalk shed permit here is active until November 17, 2026.

New jobs, last 12 months
30
Initial permits, last 12 months
34
Newest job first permitted
October 2026
Interior build-outs, last 24 months
14
Floors with interior work, last 24 months
1 to 4, 6, 7, 10, 11, 13, 15 to 17 and 20, basement, cellar, ground floor, mezzanine, underground
Facade and sidewalk jobs, last 24 months
1
Sidewalk shed permit
Active until Nov 17, 2026

Recent build-outs

  • Floor 17October 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $561,000
  • Floor 15October 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $316,000
  • Floor 4August 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $747,000
  • Ground floor, mezzanineJune 2026Sprinklers; est. $80,000
  • Floor 1, basement, cellarJune 2026Construction; est. $60 million
  • Floor 10March 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $786,000

The newest 6 of 14 in the last 24 months.

New jobs by year

  • 20211
  • 202215
  • 20234
  • 202423
  • 20252
  • 2026 to date30

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 the Financial District yet

Own or broker space at 42 Broadway? 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 42 Broadway

How big is 42 Broadway?

42 Broadway has about 390,000 square feet of floor area in total, including 383,000 square feet of office and 7,000 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 42 Broadway built?

City records list 1904 as the year built. The building is 21 floors tall.

What other addresses does 42 Broadway have?

City records list 36-42 Broadway and 49-67 New Street on the same tax lot (BBL 1000220020) as 42 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 42 Broadway?

42 Broadway is in ZIP code 10004, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 42 Broadway, New York, NY 10004, in the Financial District.

What is the zoning at 42 Broadway?

The lot is in the C5-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 18.14 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 42 Broadway?

The closest subway station to 42 Broadway is Broad St (the J and Z trains), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Rector St (the R and W trains), 2 min walk; Bowling Green (the 4 and 5 trains), 2 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 42 Broadway?

The NYC Department of Finance's 2026/27 assessment roll lists 32-42 BROADWAY OWNER, LLC as the owner of record of 42 Broadway (BBL 1000220020). 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.

Does 42 Broadway have an energy grade?

42 Broadway's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 64.8 kBtu per square foot, 14% above the national median of 56.9 for a similar property. Its greenhouse gas emissions were about 3,153 metric tons of CO2e (5.72 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.

Does 42 Broadway meet Local Law 97?

At its 2024 energy use, 42 Broadway comes to about 2,536 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,175 tons for 2024 to 2029 (61% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,482 tons and the same energy use counts as about 1,679 tons, about 197 tons over, or an estimated $53,000 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 42 Broadway?

In the 12 months to October 2026, the Department of Buildings issued first permits for 30 jobs at 42 Broadway. In the last two years, interior work was permitted on 13 floors (floors 1 to 4, 6, 7, 10, 11, 13, 15 to 17 and 20, the basement, the cellar, the ground floor, the mezzanine and the underground). The newest build-out, on floor 17, was first permitted in October 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $561,000). A sidewalk shed permit here is active until November 17, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1000220020. 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 42 Broadway?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $31.1 million for 42 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.37 million a year, roughly $8.64 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000220020 show the actual bill.

What is the assessed value of 42 Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 42 Broadway at $69 million ($18.6 million of it land) and its assessed value at $31.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($63.1 million) to 2026/27.

Are there vacant storefronts at 42 Broadway?

Owners registered 4 storefronts at 42 Broadway for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 3 did. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 42 Broadway?

No space at 42 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.

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.