New York Mercantile Exchange

The New York Mercantile Exchange has about 67,000 square feet of floor area in total, including 38,000 square feet of office and 29,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the New York Mercantile Exchange to 1882-1883, designed by H. J. Schwartzmann & Company. The building is 6 floors tall.

H. J. Schwartzmann & Company, according to the Landmarks Preservation Commission's building records, which list the style as Orientalized ornament on a commerical facade and its original use as an office building.

The New York Mercantile Exchange is at 628 Broadway in NoHo, Manhattan. City records list 628-630 Broadway and 160-164 Crosby Street on the same tax lot (BBL 1005220008). A space listed on Leasemark at any of these addresses shows up on this page.

628 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 New York Mercantile Exchange is at 628 Broadway, New York, NY 10012, in NoHo.

The lot is in the M1-5/R9A zoning district. PLUTO lists a built floor area ratio (FAR) of 7 and a maximum commercial FAR of 5 for this lot. It is inside the NoHo Historic District, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to the New York Mercantile Exchange is Broadway-Lafayette St (the B, D, F, M and 6 trains, connected to Bleecker St), about 250 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.

The NYC Department of Finance's 2026/27 assessment roll lists 628 BROADWAY LLC as the owner of record of the New York Mercantile Exchange (BBL 1005220008). 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.

The New York Mercantile Exchange reported an ENERGY STAR score of 57 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 57 earns a C. 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 60.5 kBtu per square foot, 8% below the national median of 66 for a similar property. Its greenhouse gas emissions were about 421 metric tons of CO2e (6.33 kg per square foot).

At its 2024 energy use, the New York Mercantile Exchange comes to about 330 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 504 tons for 2024 to 2029 (65% of the limit), so it would owe no penalty. From 2030 the limit drops to 166 tons and the same energy use counts as about 204 tons, about 38 tons over, or an estimated $10,000 a year unless the building cuts its emissions. 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at the New York Mercantile Exchange. 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 October 2025 (construction, structural; filed cost estimate $50,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1005220008. 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 $20.5 million for the New York Mercantile Exchange. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.22 million a year, roughly $33.40 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1005220008 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the New York Mercantile Exchange at $50.1 million ($4.75 million of it land) and its assessed value at $22.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 22% from 2022/23 ($41.1 million) to 2026/27.

Owners registered one storefront at the New York Mercantile Exchange 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.

No space at 628 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.