Office building · Financial District, Manhattan

85 Broad Street

New York, NY 10004

85 Broad Street is a 31-floor office building in the Financial District, Manhattan, built in 1983, with about 994,000 square feet of office space according to city records.

Also at 85-97 Broad Street, 55-73 Pearl Street and 25-43 South William Street.

Office space
994K SF
Floors
31
Year built
1983
Zoning
C5-5

Office space next to its nearest neighbors

  1. 85 Broad StreetThis building994K SF
  2. 75 Broad Street1 min walk647K SF
  3. 80 Broad Street1 min walk349K SF
  4. 90 Broad Street1 min walk318K SF

The 23rd largest of the 106 office buildings we track in the Financial District. Compare it with 6 neighbors

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Compared with its neighbors

How 85 Broad Street compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 85 Broad Street is the largest by office floor area. It went up in 1983; the median neighbor dates from 1929. Its estimated property tax, about $10.63 a square foot of floor area before abatements, is above the neighbors' median of $9.38.

85 Broad Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
85 Broad StreetThis building994K SF311983$10.63May 2017, $652M
80 Broad Street1 min walk349K SF371935$9.29Sep 2014, $173M
75 Broad Street1 min walk647K SF341928$9.89n/a
90 Broad Street1 min walk318K SF241930$9.59Jan 2014, $129M
44 Beaver Street1 min walk98K SF121920Exemptn/a
7 Hanover Square1 min walk669K SF291983$9.38n/a
J. & W. Seligman & Company Building, 1 William Street2 min walk105K SF121907$9.06n/a
The 23rd largest of the 106 office buildings we track in the Financial District: 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
85-97 Broad Street; 55-73 Pearl Street; 25-43 South William Street
ZIP code
10004
Building type
Office building (city class O4)
Total floor area
1,007,569 SF
Commercial floor area
1,007,569 SF
Office
993,569 SF
Retail
14,000 SF
Height
31 floors
Average floor
About 32,500 SF (floor area divided by floors)
Year built
1983
Lot area
42,762 SF
Zoning district
C5-5
Built FAR
23.56
Max commercial FAR
15
Tax lot (BBL)
1000290001

Nearest subway

  • Whitehall St-South Ferry2 min walk · Not accessible · connects to South Ferry
  • Bowling Green3 min walk · Accessible station
  • Broad St3 min walk · Not accessible

Nearby large buildings

All 12 large office buildings on Broad 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 85 Broad 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 the Financial District
16.3%
Share vacant along Broad Street
27.3%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 2
  • 20201 of 2
  • 20210 of 2
  • 20220 of 2
  • 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, 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

The Department of Finance lists 85 BROAD STREET PROPERTY OWNER LLC as the owner of record. For tax year 2026/27 the city values 85 Broad Street at $227.6 million and assesses it at $102.4 million. After phase-ins and exemptions its taxable value is $98.8 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 $10.7 million a year before abatements, roughly $10.63 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
85 BROAD STREET PROPERTY OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$227,625,000
Land market value
$90,000,000
Assessed value
$102,431,250
Taxable value (phased in)
$98,775,810
Estimated yearly tax
About $10.7 million
Tax per SF of floor area
About $10.63

City market value by tax year

  • 2022/23$200.2 million
  • 2023/24$218.1 million
  • 2024/25$224.1 million
  • 2025/26$227.4 million
  • 2026/27$227.6 million

Market value rose 14% from 2022/23 ($200.2 million) to 2026/27.

How the Financial District 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; 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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NYC property records (ACRIS)

Sales history

85 Broad Street last sold in May 2017 for $652 million, according to the deed recorded with the city. 85 BROAD PROPCO LLC sold it to 85 BROAD STREET PROPERTY OWNER LLC. That comes to about $647 per square foot of floor area.

Last sale (deed date)
May 24, 2017
Price
$652,000,000
Price per SF of floor area
About $647
Seller
85 BROAD PROPCO LLC
Buyer
85 BROAD STREET PROPERTY OWNER LLC
Deed recorded
June 2, 2017
ACRIS document
2017053101872008
All 19 building sales in the Financial District since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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.

SEC filings (EDGAR)

Companies with offices here

One public company and 2 investment managers and funds give 85 Broad Street as their office address in SEC filings.

Public company

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

  • OPPENHEIMER HOLDINGS INC (OPY)10-Q, Jul 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • OPPENHEIMER & CO INC13F, Aug 2026
  • OPPENHEIMER ASSET MANAGEMENT INC.13F, 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 score, grade and emissions

85 Broad Street reported an ENERGY STAR score of 86 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 49.5 kBtu per square foot, 45% below the national median of 90.7 for a similar property. Its greenhouse gas emissions were about 5,285 metric tons of CO2e (5.15 kg per square foot).

ENERGY STAR score (2024)
86 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
49.5 kBtu/SF
National median for the type
90.7 kBtu/SF
Greenhouse gas emissions
5,285 t CO2e
Emissions per SF
5.15 kg CO2e
Floor area in the filing
1,026,121 SF

ENERGY STAR score by year

  • 202279 (B)
  • 202385 (A)
  • 202486 (A)

Energy sources in 2024

  • Electricity77%
  • District steam23%

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. 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, 85 Broad Street comes to about 3,844 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,050 tons for 2024 to 2029 (48% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,014 tons and the same energy use counts as about 2,165 tons, still under the limit.

Period
2024 to 2029
Emissions limit
8,050 t CO2e
Estimated emissions
3,844 t CO2e
Under the limit by
4,206 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
3,014 t CO2e
Estimated emissions
2,165 t CO2e
Under the limit by
849 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: Restaurant 11,393 SF; Office 782,431 SF; Financial Office 218,290 SF; Fitness Center/Health Club/Gym 14,007 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.

Own or manage 85 Broad Street? 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 85 Broad Street. In the last two years, interior work was permitted on 2 floors (floors 11 and 25). The newest build-out, on floor 25, was first permitted in April 2025 (construction, mechanical, sprinklers; filed cost estimate $50,000). A sidewalk shed permit here is active until November 12, 2026.

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
June 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
11 and 25
Facade and sidewalk jobs, last 24 months
3
Sidewalk shed permit
Active until Nov 12, 2026

Recent build-outs

  • Floor 25April 2025Construction, Mechanical, Sprinklers; est. $50,000; signed off
  • Floor 11October 2024Construction; est. $50,000; signed off

New jobs by year

  • 20214
  • 20224
  • 20230
  • 20242
  • 20253
  • 2026 to date1

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.

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Questions about 85 Broad Street

How big is 85 Broad Street?

85 Broad Street has about 1 million square feet of floor area in total, including 994,000 square feet of office and 14,000 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 85 Broad Street built?

City records list 1983 as the year built. The building is 31 floors tall.

What other addresses does 85 Broad Street have?

City records list 85-97 Broad Street, 55-73 Pearl Street and 25-43 South William Street on the same tax lot (BBL 1000290001) as 85 Broad Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 85 Broad Street?

85 Broad Street is in ZIP code 10004, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 85 Broad Street, New York, NY 10004, in the Financial District.

What is the zoning at 85 Broad Street?

The lot is in the C5-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 23.56 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 85 Broad Street?

The closest subway station to 85 Broad Street is Whitehall St-South Ferry (the R, W and 1 trains, connected to South Ferry), about 650 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Bowling Green (the 4 and 5 trains), 3 min walk; Broad St (the J and Z trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 85 Broad Street?

The NYC Department of Finance's 2026/27 assessment roll lists 85 BROAD STREET PROPERTY OWNER LLC as the owner of record of 85 Broad Street (BBL 1000290001). 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.

Who are the tenants at 85 Broad Street?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 85 Broad Street. One public company reports the address as its principal executive office: OPPENHEIMER HOLDINGS INC (OPY). 2 investment managers and funds file 13F holdings reports from the address: OPPENHEIMER & CO INC and OPPENHEIMER ASSET MANAGEMENT INC.. 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.

When was 85 Broad Street last sold?

85 Broad Street last sold in May 2017 for $652 million, according to the deed recorded with the city. 85 BROAD PROPCO LLC sold it to 85 BROAD STREET PROPERTY OWNER LLC. That comes to about $647 per square foot of floor area. The deed is ACRIS document 2017053101872008 (BBL 1000290001) 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 85 Broad Street?

85 Broad Street reported an ENERGY STAR score of 86 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 86 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 49.5 kBtu per square foot, 45% below the national median of 90.7 for a similar property. Its greenhouse gas emissions were about 5,285 metric tons of CO2e (5.15 kg per square foot).

Does 85 Broad Street meet Local Law 97?

At its 2024 energy use, 85 Broad Street comes to about 3,844 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,050 tons for 2024 to 2029 (48% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,014 tons and the same energy use counts as about 2,165 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 85 Broad Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 85 Broad Street. In the last two years, interior work was permitted on 2 floors (floors 11 and 25). The newest build-out, on floor 25, was first permitted in April 2025 (construction, mechanical, sprinklers; filed cost estimate $50,000). A sidewalk shed permit here is active until November 12, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1000290001. 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 85 Broad Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $98.8 million for 85 Broad Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $10.7 million a year, roughly $10.63 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1000290001 show the actual bill.

What is the assessed value of 85 Broad Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 85 Broad Street at $227.6 million ($90 million of it land) and its assessed value at $102.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 14% from 2022/23 ($200.2 million) to 2026/27.

Are there vacant storefronts at 85 Broad Street?

Owners registered 2 storefronts at 85 Broad 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 85 Broad Street?

No space at 85 Broad 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.

2,723 buildings from city records

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