Office building with commercial space · SoHo, Manhattan

591 Broadway

New York, NY 10012

591 Broadway is a 6-floor office building with commercial space in SoHo, Manhattan, built in 1880, with about 48,000 square feet of office space according to city records.

Also at 591-593 Broadway and 162-166 Mercer Street.

Office space
48K SF
Floors
6
Year built
1880
Zoning
M1-5/R9X

Office space next to its nearest neighbors

  1. 569 Broadway1 min walk100K SF
  2. 599 Broadway1 min walk83K SF
  3. 591 BroadwayThis building48K SF

The 25th largest of the 42 office buildings we track in SoHo. Compare it with 6 neighbors

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Compared with its neighbors

How 591 Broadway compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 591 Broadway ranks 6th of 7 by office floor area. Built in 1880, it is the oldest of them. Its estimated property tax, about $19.98 a square foot of floor area before abatements, is close to the neighbors' median of $19.19.

591 Broadway and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
591 BroadwayThis building48K SF61880$19.98
599 Broadway1 min walk83K SF121917$20.80
569 Broadway1 min walk100K SF61882$28.03
592 Broadway1 min walk212K SF121898$10.02
584 Broadway1 min walk244K SF121898$15.61
598 Broadway1 min walk37K SF121898$17.59
600 Broadway1 min walk48K SF61884$38.49
The 25th 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). 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
591-593 Broadway; 162-166 Mercer Street
ZIP code
10012
Building type
Office building with commercial space (city class O5)
Total floor area
62,536 SF
Commercial floor area
62,536 SF
Office
47,536 SF
Retail
15,000 SF
Height
6 floors
Average floor
About 10,400 SF (floor area divided by floors)
Year built
1880
Last major alteration
2009
Apartments
8
Lot area
11,966 SF
Zoning district
M1-5/R9X
Built FAR
5.23
Max commercial FAR
5
Historic district
SoHo-Cast Iron Historic District
Tax lot (BBL)
1005120015

Nearest subway

  • Prince St1 min walk · Not accessible
  • Broadway-Lafayette St1 min walk · Accessible station · connects to Bleecker St
  • Spring St4 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 one storefront at 591 Broadway for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
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 1
  • 20201 of 1
  • 20210 of 1
  • 20220 of 1
  • 2023None registered
  • 20240 of 1

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

Property tax and assessed value

For tax year 2026/27 the city values 591 Broadway at $25.6 million and assesses it at $11.5 million. After phase-ins and exemptions its taxable value is $11.5 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 $1.25 million a year before abatements, roughly $19.98 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.

Tax class
Class 4 (commercial and industrial)
City market value
$25,597,000
Land market value
$5,977,000
Assessed value
$11,518,650
Estimated yearly tax
About $1.25 million
Tax per SF of floor area
About $19.98

City market value by tax year

  • 2022/23$33 million
  • 2023/24$35.1 million
  • 2024/25$35.7 million
  • 2025/26$28.2 million
  • 2026/27$25.6 million

Market value fell 23% from 2022/23 ($33 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), 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.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

591 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 57.9 kBtu per square foot, about the same as the national median of 56.8 for a similar property. Its greenhouse gas emissions were about 351 metric tons of CO2e (5.61 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Office
Site energy use intensity
57.9 kBtu/SF
National median for the type
56.8 kBtu/SF
Greenhouse gas emissions
351 t CO2e
Emissions per SF
5.61 kg CO2e
Floor area in the filing
62,536 SF

Energy sources in 2024

  • Electricity58%
  • Fuel oil37%
  • Natural gas5%

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.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 591 Broadway in the 12 months to October 2026; the last one was first permitted in January 2024.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
January 2024
Interior build-outs, last 24 months
0

New jobs by year

  • 20211
  • 20220
  • 20238
  • 20241
  • 20250
  • 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.

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 591 Broadway

How big is 591 Broadway?

591 Broadway has about 63,000 square feet of floor area in total, including 48,000 square feet of office and 15,000 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 591 Broadway built?

City records list 1880 as the year built, with a major alteration recorded in 2009. The building is 6 floors tall.

What other addresses does 591 Broadway have?

City records list 591-593 Broadway and 162-166 Mercer Street on the same tax lot (BBL 1005120015) as 591 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 591 Broadway?

591 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 591 Broadway, New York, NY 10012, in SoHo.

What is the zoning at 591 Broadway?

The lot is in the M1-5/R9X zoning district. PLUTO lists a built floor area ratio (FAR) of 5.23 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 591 Broadway?

The closest subway station to 591 Broadway is Prince St (the R and W trains), about 300 feet away in a straight line, roughly 1 minute on foot. Also nearby: Broadway-Lafayette St (the B, D, F, M and 6 trains, connected to Bleecker St), 1 min walk; Spring St (the 6 train), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Does 591 Broadway have an energy grade?

591 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 57.9 kBtu per square foot, about the same as the national median of 56.8 for a similar property. Its greenhouse gas emissions were about 351 metric tons of CO2e (5.61 kg per square foot).

Is there construction at 591 Broadway?

The Department of Buildings issued no permits for new jobs at 591 Broadway in the 12 months to October 2026; the last one was first permitted in January 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 1005120015. 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 591 Broadway?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.5 million for 591 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.25 million a year, roughly $19.98 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005120015 show the actual bill.

What is the assessed value of 591 Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 591 Broadway at $25.6 million ($5.98 million of it land) and its assessed value at $11.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 23% from 2022/23 ($33 million) to 2026/27.

Are there vacant storefronts at 591 Broadway?

Owners registered one storefront at 591 Broadway for December 31, 2024, the newest annual filing the city has published, and it was not 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 591 Broadway?

No space at 591 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.

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