Geraldine Building

The Geraldine Building has about 44,000 square feet of floor area in total, including 37,000 square feet of office, 4,000 square feet of retail and 3,000 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.

The Landmarks Preservation Commission's building records date the Geraldine Building to 1891-1892, designed by Alfred Zucker. The building is 12 floors tall.

Alfred Zucker, according to the Landmarks Preservation Commission's building records, which list the style as Romanesque Revival and its original use as store and lofts.

The Geraldine Building is at 5 East 16th Street in Union Square, Manhattan. City records list 5-7 East 16th Street on the same tax lot (BBL 1008447501). A space listed on Leasemark at any of these addresses shows up on this page.

5 East 16th Street is in ZIP code 10003, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Geraldine Building is at 5 East 16th Street, New York, NY 10003, in Union Square.

The lot is in the C6-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 9.53 and a maximum commercial FAR of 6 for this lot. It is inside the Ladies' Mile Historic District, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to the Geraldine Building is 14 St-Union Sq (the 4, 5, 6, L, N, Q, R and W trains), about 650 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), 5 min walk; 23 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

The Geraldine Building is a condominium of 12 tax lots with 12 owners of record, none holding half of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008447501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

The Geraldine Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR 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 50.2 kBtu per square foot, 39% below the national median of 81.9 for a similar property. Its greenhouse gas emissions were about 188 metric tons of CO2e (3.37 kg per square foot).

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at the Geraldine Building. In the last two years, interior work was permitted on 12 floors (floors 1 to 12, the cellar and the mezzanine). The newest build-out, on floors 1 to 12, the cellar and the roof, was first permitted in September 2026 (mechanical; filed cost estimate $50,000). A sidewalk shed permit here is active until December 20, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008447501. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.75 million for the Geraldine Building (the sum of its 12 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $623,557 a year, roughly $14.23 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008447501 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Geraldine Building at $14.2 million ($1.52 million of it land) and its assessed value at $6.38 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 21% from 2022/23 ($11.7 million) to 2026/27.

No space at 5 East 16th 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.