Office building with commercial space · NoHo, Manhattan

625 Broadway

New York, NY 10012

625 Broadway is a 12-floor office building with commercial space in NoHo, Manhattan, built in 1898, with about 73,000 square feet of office space according to city records.

Also at 192 Mercer Street.

Office space
73K SF
Floors
12
Year built
1898
Zoning
C6-2

The 17th largest of the 27 office buildings we track in NoHo. Compare it with 6 neighbors

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Compared with its neighbors

How 625 Broadway compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 625 Broadway ranks 4th of 7 by office floor area. It went up in 1898; the median neighbor dates from 1895. Its estimated property tax, about $12.69 a square foot of floor area before abatements, is below the neighbors' median of $14.61.

625 Broadway and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
625 BroadwayThis building73K SF121898$12.69
627 Broadway1 min walk57K SF101895$14.98
Cable Building, 18 West Houston Street1 min walk150K SF91894$14.25
622 Broadway1 min walk65K SF61882$21.85
610 Broadway1 min walk56K SF62004$32.55
632 Broadway1 min walk118K SF121900$12.92
636 Broadway1 min walk112K SF121896$13.45
The 17th largest of the 27 office buildings we track in NoHo: 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
192 Mercer Street
ZIP code
10012
Building type
Office building with commercial space (city class O6)
Total floor area
78,958 SF
Commercial floor area
78,958 SF
Office
72,641 SF
Retail
6,317 SF
Height
12 floors
Average floor
About 6,600 SF (floor area divided by floors)
Year built
1898
Last major alteration
2013
Lot area
6,800 SF
Zoning district
C6-2
Built FAR
11.61
Max commercial FAR
6
Historic district
NoHo Historic District
Tax lot (BBL)
1005230046

Nearest subway

  • Broadway-Lafayette St1 min walk · Accessible station · connects to Bleecker St
  • Prince St3 min walk · Not accessible
  • Spring St5 min walk · Not accessible

Nearby large buildings

All 140 large office buildings on Broadway

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 625 BROADWAY ACQUISITIONS LLC as the owner of record. For tax year 2026/27 the city values 625 Broadway at $22.8 million and assesses it at $10.3 million. After phase-ins and exemptions its taxable value is $9.24 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 million a year before abatements, roughly $12.69 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
625 BROADWAY ACQUISITIONS LLC
Tax class
Class 4 (commercial and industrial)
City market value
$22,782,000
Land market value
$3,400,000
Assessed value
$10,251,900
Taxable value (phased in)
$9,235,770
Estimated yearly tax
About $1 million
Tax per SF of floor area
About $12.69

City market value by tax year

  • 2022/23$25.4 million
  • 2023/24$18.5 million
  • 2024/25$18.8 million
  • 2025/26$21.3 million
  • 2026/27$22.8 million

Market value fell 10% from 2022/23 ($25.4 million) to 2026/27.

How NoHo compares: property tax per SF across NYC neighborhoods

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 2026-10-02; 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.

NYC property records (ACRIS)

Sales history

625 Broadway last sold in September 2025 for $41.5 million, according to the deed recorded with the city. 625 BROADWAY VENTURE, LLC sold it to 5 CANAL OWNER LLC, 625 BROADWAY ACQUISITIONS LLC and others. That comes to about $526 per square foot of floor area.

Last sale (deed date)
September 17, 2025
Price
$41,500,000
Price per SF of floor area
About $526
Seller
625 BROADWAY VENTURE, LLC
Buyer
5 CANAL OWNER LLC, 625 BROADWAY ACQUISITIONS LLC and others
Deed recorded
September 22, 2025
ACRIS document
2025091900156001

Recorded sales

All 3 building sales in NoHo since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; 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 Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 625 Broadway. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in May 2026 (mechanical; filed cost estimate $40,000).

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

Recent build-outs

  • Floor 2May 2026Mechanical; est. $40,000

New jobs by year

  • 20211
  • 202210
  • 20230
  • 20245
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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

625 Broadway was designed by David W. King and built in 1896-1898 in the Renaissance Revival style. It stands in the NoHo Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
David W. King
Constructed
1896-1898
Style
Renaissance Revival
Primary material
Steel
Built as
Store and lofts

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.

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Questions about 625 Broadway

How big is 625 Broadway?

625 Broadway has about 79,000 square feet of floor area in total, including 73,000 square feet of office and 6,000 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 625 Broadway built?

The Landmarks Preservation Commission's building records date 625 Broadway to 1896-1898, designed by David W. King. The building is 12 floors tall.

Who designed 625 Broadway?

David W. King, according to the Landmarks Preservation Commission's building records, which list the style as Renaissance Revival and its original use as store and lofts.

What other addresses does 625 Broadway have?

City records list 192 Mercer Street on the same tax lot (BBL 1005230046) as 625 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 625 Broadway?

625 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 625 Broadway, New York, NY 10012, in NoHo.

What is the zoning at 625 Broadway?

The lot is in the C6-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.61 and a maximum commercial FAR of 6 for this lot. It is inside the NoHo Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to 625 Broadway?

The closest subway station to 625 Broadway is Broadway-Lafayette St (the B, D, F, M and 6 trains, connected to Bleecker St), about 350 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Prince St (the R and W trains), 3 min walk; Spring St (the 6 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 625 Broadway?

The NYC Department of Finance's 2026/27 assessment roll lists 625 BROADWAY ACQUISITIONS LLC as the owner of record of 625 Broadway (BBL 1005230046). 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.

When was 625 Broadway last sold?

625 Broadway last sold in September 2025 for $41.5 million, according to the deed recorded with the city. 625 BROADWAY VENTURE, LLC sold it to 5 CANAL OWNER LLC, 625 BROADWAY ACQUISITIONS LLC and others. That comes to about $526 per square foot of floor area. The deed is ACRIS document 2025091900156001 (BBL 1005230046) 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.

Is there construction at 625 Broadway?

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 625 Broadway. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in May 2026 (mechanical; filed cost estimate $40,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1005230046. 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 625 Broadway?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.24 million for 625 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 million a year, roughly $12.69 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005230046 show the actual bill.

What is the assessed value of 625 Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 625 Broadway at $22.8 million ($3.4 million of it land) and its assessed value at $10.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 10% from 2022/23 ($25.4 million) to 2026/27.

Is there office space for lease at 625 Broadway?

No space at 625 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.

1,677 buildings from city records

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