Office building with commercial space · SoHo, Manhattan

525 Broadway

New York, NY 10012

525 Broadway is an 8-floor office building with commercial space in SoHo, Manhattan, built in 1920, with about 40,000 square feet of office space according to city records.

Also at 525-527 Broadway and 92-94 Spring Street.

Office space
40K SF
Floors
8
Year built
1920
Zoning
M1-5/R9X

Office space next to its nearest neighbors

  1. 96 Spring Street1 min walk43K SF
  2. 520 Broadway1 min walk41K SF
  3. 525 BroadwayThis building40K SF

The 38th largest of the 42 office buildings we track in SoHo. Compare it with 6 neighbors

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Compared with its neighbors

How 525 Broadway compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 525 Broadway is the smallest by office floor area. Built in 1920, it is the newest of them. Its estimated property tax, about $20.54 a square foot of floor area before abatements, is below the neighbors' median of $33.51.

525 Broadway and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
525 BroadwayThis building40K SF81920$20.54May 2012, $87M
96 Spring Street1 min walk43K SF81900$36.41n/a
520 Broadway1 min walk41K SF111901$44.08Jun 2021, $87.8M
530 Broadway1 min walk157K SF111898$30.60Mar 2020, $382M
524 Broadway1 min walk111K SF111903$46.82Jun 2021, $236M
511 Broadway1 min walk124K SF51900$26.73n/a
Rouss Building, 549 Broadway1 min walk224K SF121890$17.89Dec 2025, $386M (2 lots)
The 38th largest of the 42 office 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
525-527 Broadway; 92-94 Spring Street
ZIP code
10012
Building type
Office building with commercial space (city class O6)
Total floor area
45,000 SF
Commercial floor area
45,000 SF
Office
40,000 SF
Retail
5,000 SF
Height
8 floors
Average floor
About 5,600 SF (floor area divided by floors)
Year built
1920
Last major alteration
1970
Lot area
5,004 SF
Zoning district
M1-5/R9X
Built FAR
8.99
Max commercial FAR
5
Historic district
SoHo-Cast Iron Historic District
Tax lot (BBL)
1004840009

Nearest subway

  • Prince St2 min walk · Not accessible
  • Spring St2 min walk · Not accessible
  • Broadway-Lafayette St4 min walk · Accessible station · connects to Bleecker St

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 525 Broadway for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2024
2
Vacant that day
0
Share vacant across SoHo
8.3%
Share vacant along Broadway
12.7%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 2
  • 20210 of 2
  • 2022None registered
  • 20230 of 2
  • 20240 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 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 JPMORGAN CHASE BANK, N.A. as the owner of record. For tax year 2026/27 the city values 525 Broadway at $21 million and assesses it at $9.46 million. After phase-ins and exemptions its taxable value is $8.52 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 $924,487 a year before abatements, roughly $20.54 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
JPMORGAN CHASE BANK, N.A.
Tax class
Class 4 (commercial and industrial)
City market value
$21,026,000
Land market value
$2,500,000
Assessed value
$9,461,700
Taxable value (phased in)
$8,522,190
Estimated yearly tax
About $924,487
Tax per SF of floor area
About $20.54

City market value by tax year

  • 2022/23$17.9 million
  • 2023/24$19 million
  • 2024/25$17.9 million
  • 2025/26$18.8 million
  • 2026/27$21 million

Market value rose 17% from 2022/23 ($17.9 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 525 Broadway? List a space here free and we match it against every active requirement.

NYC property records (ACRIS)

Sales history

525 Broadway last sold in May 2012 for $87 million, according to the deed recorded with the city. 525 BROADWAY REALTY COMPANY LLC sold it to JPMORGAN CHASE BANK, N.A.. That comes to about $1,933 per square foot of floor area.

Last sale (deed date)
May 24, 2012
Price
$87,000,000
Price per SF of floor area
About $1,933
Seller
525 BROADWAY REALTY COMPANY LLC
Buyer
JPMORGAN CHASE BANK, N.A.
Deed recorded
June 14, 2012
ACRIS document
2012060100890001

Recorded sales

All 12 building sales in SoHo since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

525 Broadway reported an ENERGY STAR score of 99 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 22.1 kBtu per square foot, less than half the national median of 83 for a similar property. Its greenhouse gas emissions were about 115 metric tons of CO2e (2.54 kg per square foot).

ENERGY STAR score (2024)
99 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Bank Branch
Site energy use intensity
22.1 kBtu/SF
National median for the type
83 kBtu/SF
Greenhouse gas emissions
115 t CO2e
Emissions per SF
2.54 kg CO2e
Floor area in the filing
45,000 SF

ENERGY STAR score by year

  • 202398 (A)
  • 202499 (A)

Energy sources in 2024

  • Electricity100%

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, 525 Broadway comes to about 84 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 420 tons for 2024 to 2029 (20% of the limit), so it would owe no penalty. From 2030 the limit drops to 168 tons and the same energy use counts as about 42 tons, still under the limit.

Period
2024 to 2029
Emissions limit
420 t CO2e
Estimated emissions
84 t CO2e
Under the limit by
336 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
168 t CO2e
Estimated emissions
42 t CO2e
Under the limit by
125 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 10,487 SF; Bank Branch 34,513 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 525 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 1 job at 525 Broadway. In the last two years, interior work was permitted on one floor (floor 6). The newest build-out, on floor 6, was first permitted in May 2026 (construction; filed cost estimate $300,000).

New jobs, last 12 months
1
Initial permits, last 12 months
2
Newest job first permitted
May 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
6
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 6May 2026Construction; est. $300,000; signed off

New jobs by year

  • 20210
  • 20221
  • 20230
  • 20240
  • 20251
  • 2026 to date1

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.

Landmarks Preservation Commission records

Architecture and history

525 Broadway was built in 1920. It stands in the SoHo-Cast Iron Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Constructed
1920
Built as
Bank

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-08. A designation can cover part of a lot, such as a facade or a lobby interior.

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 525 Broadway

How big is 525 Broadway?

525 Broadway has about 45,000 square feet of floor area in total, including 40,000 square feet of office and 5,000 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 525 Broadway built?

The Landmarks Preservation Commission's building records date 525 Broadway to 1920. The building is 8 floors tall.

What other addresses does 525 Broadway have?

City records list 525-527 Broadway and 92-94 Spring Street on the same tax lot (BBL 1004840009) as 525 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 525 Broadway?

525 Broadway is in ZIP code 10012, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 525 Broadway, New York, NY 10012, in SoHo.

What is the zoning at 525 Broadway?

The lot is in the M1-5/R9X zoning district. PLUTO lists a built floor area ratio (FAR) of 8.99 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 525 Broadway?

The closest subway station to 525 Broadway is Prince St (the R and W trains), about 600 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Spring St (the 6 train), 2 min walk; Broadway-Lafayette St (the B, D, F, M and 6 trains, connected to Bleecker St), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 525 Broadway?

The NYC Department of Finance's 2026/27 assessment roll lists JPMORGAN CHASE BANK, N.A. as the owner of record of 525 Broadway (BBL 1004840009). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 525 Broadway last sold?

525 Broadway last sold in May 2012 for $87 million, according to the deed recorded with the city. 525 BROADWAY REALTY COMPANY LLC sold it to JPMORGAN CHASE BANK, N.A.. That comes to about $1,933 per square foot of floor area. The deed is ACRIS document 2012060100890001 (BBL 1004840009) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

What is the energy grade of 525 Broadway?

525 Broadway reported an ENERGY STAR score of 99 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 99 earns an A. 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 22.1 kBtu per square foot, less than half the national median of 83 for a similar property. Its greenhouse gas emissions were about 115 metric tons of CO2e (2.54 kg per square foot).

Does 525 Broadway meet Local Law 97?

At its 2024 energy use, 525 Broadway comes to about 84 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 420 tons for 2024 to 2029 (20% of the limit), so it would owe no penalty. From 2030 the limit drops to 168 tons and the same energy use counts as about 42 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 525 Broadway?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 525 Broadway. In the last two years, interior work was permitted on one floor (floor 6). The newest build-out, on floor 6, was first permitted in May 2026 (construction; filed cost estimate $300,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1004840009. 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 525 Broadway?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.52 million for 525 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $924,487 a year, roughly $20.54 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1004840009 show the actual bill.

What is the assessed value of 525 Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 525 Broadway at $21 million ($2.5 million of it land) and its assessed value at $9.46 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 17% from 2022/23 ($17.9 million) to 2026/27.

Are there vacant storefronts at 525 Broadway?

Owners registered 2 storefronts at 525 Broadway for December 31, 2024, 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 525 Broadway?

No space at 525 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

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