Office condominium · Tribeca, Manhattan

50 Varick Street

New York, NY 10013

50 Varick Street is an 8-floor office condominium in Tribeca, Manhattan, built in 1960, with about 246,000 square feet of office space according to city records.

Also at 6 St. Johns Lane and 34-50 Varick Street.

Office space
246K SF
Floors
8
Year built
1960
Zoning
C6-2A

Office space next to its nearest neighbors

  1. Long Distance Building2 min walk1.1M SF
  2. 50 Varick StreetThis building246K SF
  3. 52 Varick Street1 min walk81K SF
  4. 174 Hudson Street3 min walk43K SF

The 15th largest of the 36 office buildings we track in Tribeca. Compare it with 6 neighbors

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Compared with its neighbors

How 50 Varick Street compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 50 Varick Street ranks 4th of 7 by office floor area. It went up in 1960; the median neighbor dates from 1907. Its estimated property tax, about $12.12 a square foot of floor area before abatements, is below the neighbors' median of $14.81.

50 Varick Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
50 Varick StreetThis building246K SF81960$12.12
52 Varick Street1 min walk81K SF81900$17.02
Long Distance Building, 16 Walker Street2 min walk1.1M SF261914$15.36
174 Hudson Street3 min walk43K SF61901$14.25
12 Vestry Street3 min walk45K SF71883$13.35
200 Hudson Street3 min walk277K SF121927$13.85
101 Avenue of the Americas3 min walk400K SF251990$22.77
The 15th 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
6 St. Johns Lane; 34-50 Varick Street
ZIP code
10013
Building type
Office condominium (city class RB)
Total floor area
245,510 SF
Commercial floor area
245,510 SF
Office
245,510 SF
Height
8 floors
Average floor
About 30,700 SF (floor area divided by floors)
Year built
1960
Lot area
33,561 SF
Zoning district
C6-2A
Built FAR
7.32
Max commercial FAR
6
Tax lot (BBL)
1002127504

Nearest subway

  • Canal St1 min walk · Not accessible
  • Canal St2 min walk · Not accessible
  • Franklin St3 min walk · Not accessible

Nearby large buildings

All 15 large office buildings on Varick 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 2 storefronts at 50 Varick Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
2
Vacant that day
0
Share vacant across Tribeca
13.4%
Share vacant along Varick Street
15.4%
Share vacant citywide
9.2%
Condominium tax lots that filed
1

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 6
  • 20210 of 2
  • 20220 of 3
  • 20230 of 2
  • 20240 of 2
  • 20250 of 2

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

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, summed over the condominium's unit lot that filed, 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

50 Varick Street is a condominium of 7 tax lots. VARICK 3 LLC, one of 2 owners of record on the roll, owns the units that make up 51% of its market value. For tax year 2026/27 the city values 50 Varick Street at $64.6 million and assesses it at $29.1 million. After phase-ins and exemptions its taxable value is $27.4 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 $2.98 million a year before abatements, roughly $12.12 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.

Largest unit owner
VARICK 3 LLC (51% of market value)
Tax class
Class 4 (commercial and industrial)
City market value
$64,627,000
Land market value
$7,501,000
Assessed value
$29,082,151
Taxable value (phased in)
$27,430,188
Estimated yearly tax
About $2.98 million
Tax per SF of floor area
About $12.12
Condominium tax lots
7
Owners of record
2

City market value by tax year

  • 2022/23$55.3 million
  • 2023/24$59.6 million
  • 2024/25$61.9 million
  • 2025/26$63.3 million
  • 2026/27$64.6 million

Market value rose 17% from 2022/23 ($55.3 million) 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

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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, summed over 7 condominium tax lots; 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.

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SEC filings (EDGAR)

Companies with offices here

One public company gives 50 Varick Street as its office address in SEC filings.

Public company

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

  • ABPRO HOLDINGS, INC. (ABPO)10-Q, 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.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

50 Varick Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 136.1 kBtu per square foot, 2.7 times the national median of 51.1 for a similar property. Its greenhouse gas emissions were about 3,707 metric tons of CO2e (13.49 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Office
Site energy use intensity
136.1 kBtu/SF
National median for the type
51.1 kBtu/SF
Greenhouse gas emissions
3,707 t CO2e
Emissions per SF
13.49 kg CO2e
Floor area in the filing
274,871 SF

ENERGY STAR score by year

  • 202239 (D)
  • 202353 (D)

Energy sources in 2024

  • Electricity67%
  • District steam33%

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 50 Varick Street comes to about 2,680 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,644 tons for 2024 to 2029 (74% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,903 tons and the same energy use counts as about 1,598 tons, still under the limit.

Period
2024 to 2029
Emissions limit
3,644 t CO2e
Estimated emissions
2,680 t CO2e
Under the limit by
964 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
1,903 t CO2e
Estimated emissions
1,598 t CO2e
Under the limit by
305 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 178,738 SF; Data Center 96,133 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.

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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 4 jobs at 50 Varick Street. In the last two years, interior work was permitted on 3 floors (floors 5 to 7). The newest build-out, on floor 7, was first permitted in July 2026 (mechanical; filed cost estimate $32,000).

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

Recent build-outs

  • Floor 7July 2026Mechanical; est. $32,000; signed off
  • Floor 7April 2025Mechanical; est. $152,000; signed off
  • Floors 5 and 6February 2025Construction; 2 jobs; est. $44,000
  • Floor 6December 2024Construction; est. $5,000; signed off

New jobs by year

  • 20219
  • 20222
  • 20231
  • 20246
  • 20253
  • 2026 to date4

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

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Before you sign

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

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Questions about 50 Varick Street

How big is 50 Varick Street?

50 Varick Street has about 246,000 square feet of floor area in total, including 246,000 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 50 Varick Street built?

City records list 1960 as the year built. The building is 8 floors tall.

What other addresses does 50 Varick Street have?

City records list 6 St. Johns Lane and 34-50 Varick Street on the same tax lot (BBL 1002127504) as 50 Varick Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 50 Varick Street?

50 Varick 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 50 Varick Street, New York, NY 10013, in Tribeca.

What is the zoning at 50 Varick Street?

The lot is in the C6-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 7.32 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 50 Varick Street?

The closest subway station to 50 Varick Street is Canal St (the A, C and E trains), about 250 feet away in a straight line, roughly 1 minute on foot. Also nearby: Canal St (the 1 train), 2 min walk; Franklin St (the 1 train), 3 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 50 Varick Street?

50 Varick Street is a condominium of 7 tax lots. VARICK 3 LLC, one of 2 owners of record on the roll, owns the units that make up 51% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1002127504). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

Who are the tenants at 50 Varick Street?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 50 Varick Street. One public company reports the address as its principal executive office: ABPRO HOLDINGS, INC. (ABPO). 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.

Does 50 Varick Street have an energy grade?

50 Varick Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 136.1 kBtu per square foot, 2.7 times the national median of 51.1 for a similar property. Its greenhouse gas emissions were about 3,707 metric tons of CO2e (13.49 kg per square foot).

Does 50 Varick Street meet Local Law 97?

At its 2024 energy use, 50 Varick Street comes to about 2,680 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,644 tons for 2024 to 2029 (74% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,903 tons and the same energy use counts as about 1,598 tons, still under the limit. 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 50 Varick Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 50 Varick Street. In the last two years, interior work was permitted on 3 floors (floors 5 to 7). The newest build-out, on floor 7, was first permitted in July 2026 (mechanical; filed cost estimate $32,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1002127504. 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 50 Varick Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $27.4 million for 50 Varick Street (the sum of its 7 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 $2.98 million a year, roughly $12.12 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1002127504 show the actual bill.

What is the assessed value of 50 Varick Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 50 Varick Street at $64.6 million ($7.5 million of it land) and its assessed value at $29.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 17% from 2022/23 ($55.3 million) to 2026/27.

Are there vacant storefronts at 50 Varick Street?

Owners registered 2 storefronts at 50 Varick Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 50 Varick Street?

No space at 50 Varick 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.

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