Retail building · SoHo, Manhattan

478 Broadway

New York, NY 10013

478 Broadway is a 5-floor retail building in SoHo, Manhattan, built in 1900, with about 47,000 square feet of retail space according to city records.

Also at 478-482 Broadway and 40 Crosby Street.

Retail space
47K SF
Floors
5
Year built
1900
Zoning
M1-5/R9X

Retail space next to its nearest neighbors

  1. 504 Broadway1 min walk122K SF
  2. 478 BroadwayThis building47K SF
  3. 529 Broadway3 min walk44K SF

The 2nd largest of the 4 retail buildings we track in SoHo. Compare it with 5 neighbors

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Compared with its neighbors

How 478 Broadway compares

Next to the 5 nearest large retail buildings, all within a 13 minute walk, 478 Broadway ranks 3rd of 6 by retail floor area. It went up in 1900; the median neighbor dates from 1935. Its estimated property tax, about $35.78 a square foot of floor area before abatements, is below the neighbors' median of $38.54.

478 Broadway and the 5 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
478 BroadwayThis building47K SF51900$35.78n/a
504 Broadway1 min walk122K SF61868$13.61Dec 2007, $53M
529 Broadway3 min walk44K SF61935$98.32Sep 2025, $213M
546 Broadway3 min walk45K SF51866$38.54May 2021, $160M
88 East Broadway12 min walk51K SF21988Exemptn/a
75 East Broadway13 min walk35K SF22000Exemptn/a
The 2nd largest of the 4 retail buildings we track in SoHo: 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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). 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
478-482 Broadway; 40 Crosby Street
ZIP code
10013
Building type
Retail building (city class K4)
Total floor area
55,015 SF
Commercial floor area
52,515 SF
Office
5,763 SF
Retail
46,752 SF
Height
5 floors
Average floor
About 11,000 SF (floor area divided by floors)
Year built
1900
Last major alteration
2014
Apartments
1
Lot area
9,932 SF
Zoning district
M1-5/R9X
Built FAR
5.54
Max commercial FAR
5
Historic district
SoHo-Cast Iron Historic District
Tax lot (BBL)
1004730010

Nearest subway

  • Spring St3 min walk · Not accessible
  • Canal St3 min walk · Accessible station
  • Prince St5 min walk · Not accessible

Nearby large buildings

All 168 large office buildings on Broadway

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 2 storefronts at 478 Broadway for December 31, 2024, the newest annual filing the city has published, and all of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.

Storefronts registered for December 31, 2024
2
Vacant that day
2
Share vacant across SoHo
8.3%
Share vacant along Broadway
12.7%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20192 of 2
  • 20202 of 2
  • 20212 of 2
  • 20222 of 2
  • 20232 of 2
  • 20242 of 2

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

Own or lease out a storefront at 478 Broadway? Listing it is free, and it is matched against every active requirement for retail space in SoHo the day it goes up.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. 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 2024 filing was due June 3, 2025, 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 KPG 480 BROADWAY OWNER LLC as the owner of record. For tax year 2026/27 the city values 478 Broadway at $43.6 million and assesses it at $19.6 million. After phase-ins and exemptions its taxable value is $18.1 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 $1.97 million a year before abatements, roughly $35.78 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
KPG 480 BROADWAY OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$43,578,000
Land market value
$9,930,000
Assessed value
$19,610,100
Taxable value (phased in)
$18,146,820
Estimated yearly tax
About $1.97 million
Tax per SF of floor area
About $35.78

City market value by tax year

  • 2022/23$41.3 million
  • 2023/24$43.3 million
  • 2024/25$43.6 million
  • 2025/26$39.5 million
  • 2026/27$43.6 million

Market value rose 6% from 2022/23 ($41.3 million) to 2026/27.

How SoHo compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-08; 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 478 Broadway? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

478 Broadway reported an ENERGY STAR score of 51 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 83.8 kBtu per square foot, about the same as the national median of 85 for a similar property. Its greenhouse gas emissions were about 367 metric tons of CO2e (6.66 kg per square foot).

ENERGY STAR score (2024)
51 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
83.8 kBtu/SF
National median for the type
85 kBtu/SF
Greenhouse gas emissions
367 t CO2e
Emissions per SF
6.66 kg CO2e
Floor area in the filing
55,015 SF

ENERGY STAR score by year

  • 202366 (C)
  • 202451 (D)

Energy sources in 2024

  • Fuel oil86%
  • Electricity13%
  • Natural gas1%

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 2026-10-08; 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, 478 Broadway comes to about 348 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 417 tons for 2024 to 2029 (83% of the limit), so it would owe no penalty. From 2030 the limit drops to 148 tons and the same energy use counts as about 323 tons, about 175 tons over, or an estimated $47,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
417 t CO2e
Estimated emissions
348 t CO2e
Under the limit by
69 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
148 t CO2e
Estimated emissions
323 t CO2e
Over the limit by
175 t CO2e
Estimated penalty a year
$47,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 55,015 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.

Own or manage 478 Broadway? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 478 Broadway in the 12 months to October 2026; the last one was first permitted in January 2025. In the last two years, interior work was permitted on the roof terrace. The newest build-out, on the roof terrace, was first permitted in January 2025 (construction; filed cost estimate $50,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
January 2025
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
Roof terrace

Recent build-outs

  • Roof terraceJanuary 2025Construction; est. $50,000; signed off

New jobs by year

  • 20212
  • 20223
  • 20232
  • 20245
  • 20251
  • 2026 to date0

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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.

Retail space nearby in SoHo

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for retail space in SoHo yet. These labeled examples show what tenants post. List a space in 478 Broadway and we match it against every new one automatically.

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 478 Broadway

How big is 478 Broadway?

478 Broadway has about 55,000 square feet of floor area in total, including 6,000 square feet of office and 47,000 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 478 Broadway built?

City records list 1900 as the year built, with a major alteration recorded in 2014. The building is 5 floors tall.

What other addresses does 478 Broadway have?

City records list 478-482 Broadway and 40 Crosby Street on the same tax lot (BBL 1004730010) as 478 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 478 Broadway?

478 Broadway 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 478 Broadway, New York, NY 10013, in SoHo.

What is the zoning at 478 Broadway?

The lot is in the M1-5/R9X zoning district. PLUTO lists a built floor area ratio (FAR) of 5.54 and a maximum commercial FAR of 5 for this lot. It is inside the SoHo-Cast Iron Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to 478 Broadway?

The closest subway station to 478 Broadway is Spring St (the 6 train), about 800 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Canal St (the 6, J, N, Q, R, W and Z trains), 3 min walk; Prince St (the R and W trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 478 Broadway?

The NYC Department of Finance's 2026/27 assessment roll lists KPG 480 BROADWAY OWNER LLC as the owner of record of 478 Broadway (BBL 1004730010). 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.

What is the energy grade of 478 Broadway?

478 Broadway reported an ENERGY STAR score of 51 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 51 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 83.8 kBtu per square foot, about the same as the national median of 85 for a similar property. Its greenhouse gas emissions were about 367 metric tons of CO2e (6.66 kg per square foot).

Does 478 Broadway meet Local Law 97?

At its 2024 energy use, 478 Broadway comes to about 348 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 417 tons for 2024 to 2029 (83% of the limit), so it would owe no penalty. From 2030 the limit drops to 148 tons and the same energy use counts as about 323 tons, about 175 tons over, or an estimated $47,000 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 478 Broadway?

The Department of Buildings issued no permits for new jobs at 478 Broadway in the 12 months to October 2026; the last one was first permitted in January 2025. In the last two years, interior work was permitted on the roof terrace. The newest build-out, on the roof terrace, was first permitted in January 2025 (construction; filed cost estimate $50,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1004730010. 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 478 Broadway?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $18.1 million for 478 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.97 million a year, roughly $35.78 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1004730010 show the actual bill.

What is the assessed value of 478 Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 478 Broadway at $43.6 million ($9.93 million of it land) and its assessed value at $19.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 6% from 2022/23 ($41.3 million) to 2026/27.

Are there vacant storefronts at 478 Broadway?

Owners registered 2 storefronts at 478 Broadway for December 31, 2024, the newest annual filing the city has published, and all of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 478 Broadway?

No space at 478 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.

2,180 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.