Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Office building with commercial space · Union Square, Manhattan
Annin Building
85 Fifth Avenue, New York, NY 10003
The Annin Building (85 Fifth Avenue) is a 13-floor office building with commercial space in Union Square, Manhattan, built in 1901, with about 95,000 square feet of office space according to city records.
Also at 1-3 East 16th Street.
- Office space
- 95K SF
- Floors
- 13
- Year built
- 1901
- Zoning
- C6-4M
The 27th largest of the 41 office buildings we track in Union Square. Compare it with 6 neighbors
No space at 85 Fifth Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How the Annin Building compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, the Annin Building ranks 5th of 7 by office floor area. It went up in 1901; the median neighbor dates from 1906. Its estimated property tax, about $14.04 a square foot of floor area before abatements, is below the neighbors' median of $26.03.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| Annin Building, 85 Fifth Avenue | 95K SF | 13 | 1901 | $14.04 |
| 87 Fifth Avenue | 51K SF | 11 | 1902 | $21.77 |
| Knickerbocker Building, 79 Fifth Avenue | 256K SF | 16 | 1906 | $26.27 |
| Judge Building, 110 Fifth Avenue | 135K SF | 11 | 1890 | $29.39 |
| 101 Fifth Avenue | 55K SF | 11 | 1909 | $25.78 |
| Merchants' Exchange Building, 114 Fifth Avenue | 329K SF | 18 | 1909 | $28.32 |
| Stuyvesant Building, 100 Fifth Avenue | 224K SF | 19 | 1907 | $23.19 |
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
- Building name
- Annin Building
- Other address
- 1-3 East 16th Street
- ZIP code
- 10003
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 103,022 SF
- Commercial floor area
- 103,022 SF
- Office
- 95,222 SF
- Retail
- 7,800 SF
- Height
- 13 floors
- Average floor
- About 7,900 SF (floor area divided by floors)
- Year built
- 1901
- Last major alteration
- 2010
- Lot area
- 7,990 SF
- Zoning district
- C6-4M
- Built FAR
- 12.89
- Max commercial FAR
- 10
- Historic district
- Ladies' Mile Historic District
- Tax lot (BBL)
- 1008440001
Nearest subway
- 14 St-Union Sq
- 14 St
- 23 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); 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 OLD GLORY REAL ESTATE CORP as the owner of record. For tax year 2026/27 the city values the Annin Building at $31.1 million and assesses it at $14 million. After phase-ins and exemptions its taxable value is $13.3 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 $1.45 million a year before abatements, roughly $14.04 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
- OLD GLORY REAL ESTATE CORP
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $31,138,000
- Land market value
- $5,000,000
- Assessed value
- $14,012,100
- Taxable value (phased in)
- $13,333,320
- Estimated yearly tax
- About $1.45 million
- Tax per SF of floor area
- About $14.04
City market value by tax year
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 energy benchmarking (Local Law 84)
Energy score, grade and emissions
The Annin Building reported an ENERGY STAR score of 97 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 28.6 kBtu per square foot, less than half the national median of 83.6 for a similar property. Its greenhouse gas emissions were about 380 metric tons of CO2e (3.29 kg per square foot).
- ENERGY STAR score (2024)
- 97 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 28.6 kBtu/SF
- National median for the type
- 83.6 kBtu/SF
- Greenhouse gas emissions
- 380 t CO2e
- Emissions per SF
- 3.29 kg CO2e
- Floor area in the filing
- 115,429 SF
ENERGY STAR score by year
Energy sources in 2024
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 2026-10-02; 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.
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 2 jobs at the Annin Building. In the last two years, interior work was permitted on 3 floors (floors 1, 2 and 9 and the cellar). The newest build-out, on floor 2 and the cellar, was first permitted in May 2026 (plumbing, sprinklers; filed cost estimate $50,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 4
- Newest job first permitted
- May 2026
- Interior build-outs, last 24 months
- 6
- Floors with interior work, last 24 months
- 1, 2 and 9, cellar
Recent build-outs
New jobs by year
Build-outs across Union SquareWhere NYC offices are being built out
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
The Annin Building was designed by Louis Korn and built in 1900-1901 in the neo-Renaissance style. It stands in the Ladies' Mile Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.
- Architect
- Louis Korn
- Constructed
- 1900-1901
- Style
- neo-Renaissance
- Primary material
- Red brick
- 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.
Office space nearby in Union Square
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for office space in Union Square yet. These labeled examples show what tenants post. List a space in 85 Fifth Avenue and we match it against every new one automatically.
Before you sign
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Questions about Annin Building
How big is the Annin Building?
The Annin Building has about 103,000 square feet of floor area in total, including 95,000 square feet of office and 8,000 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 the Annin Building built?
The Landmarks Preservation Commission's building records date the Annin Building to 1900-1901, designed by Louis Korn. The building is 13 floors tall.
Who designed the Annin Building?
Louis Korn, according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance and its original use as store and lofts.
What is the address of the Annin Building?
The Annin Building is at 85 Fifth Avenue in Union Square, Manhattan. City records list 1-3 East 16th Street on the same tax lot (BBL 1008440001). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 85 Fifth Avenue?
85 Fifth Avenue is in ZIP code 10003, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Annin Building is at 85 Fifth Avenue, New York, NY 10003, in Union Square.
What is the zoning at the Annin Building?
The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 12.89 and a maximum commercial FAR of 10 for this lot. It is inside the Ladies' Mile Historic District, so exterior changes go through the Landmarks Preservation Commission.
What subway station is closest to the Annin Building?
The closest subway station to the Annin Building is 14 St-Union Sq (the 4, 5, 6, L, N, Q, R and W trains), about 700 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), 4 min walk; 23 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Annin Building?
The NYC Department of Finance's 2026/27 assessment roll lists OLD GLORY REAL ESTATE CORP as the owner of record of the Annin Building (BBL 1008440001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of the Annin Building?
The Annin Building reported an ENERGY STAR score of 97 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 97 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 28.6 kBtu per square foot, less than half the national median of 83.6 for a similar property. Its greenhouse gas emissions were about 380 metric tons of CO2e (3.29 kg per square foot).
Is there construction at the Annin Building?
In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at the Annin Building. In the last two years, interior work was permitted on 3 floors (floors 1, 2 and 9 and the cellar). The newest build-out, on floor 2 and the cellar, was first permitted in May 2026 (plumbing, sprinklers; filed cost estimate $50,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008440001. 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 the Annin Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $13.3 million for the Annin Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.45 million a year, roughly $14.04 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008440001 show the actual bill.
What is the assessed value of the Annin Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Annin Building at $31.1 million ($5 million of it land) and its assessed value at $14 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($27.6 million) to 2026/27.
Is there office space for lease at the Annin Building?
No space at 85 Fifth Avenue 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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