Retail building · Chinatown, Manhattan

88 East Broadway

New York, NY 10002

88 East Broadway is a 2-floor retail building in Chinatown, Manhattan, built in 1988, with about 51,000 square feet of retail space according to city records.

Also at 59-71 Division Street, 6 Forsyth Street and 2 Market Street.

Retail space
51K SF
Floors
2
Year built
1988
Zoning
C6-1G

Retail space next to its nearest neighbors

  1. 11 Fulton Street14 min walk128K SF
  2. 504 Broadway12 min walk122K SF
  3. 88 East BroadwayThis building51K SF

Compare it with 4 neighbors

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Compared with its neighbors

How 88 East Broadway compares

Next to the 4 nearest large retail buildings, all within a 14 minute walk, 88 East Broadway is the smallest by retail floor area. It went up in 1988; the median neighbor dates from 1999. Its property tax is fully exempt on the city's assessment roll.

88 East Broadway and the 4 nearest large retail buildings: size, floors, year built, estimated property tax per square foot
BuildingRetail spaceFloorsBuiltTax / SF
88 East BroadwayThis building51K SF21988Exempt
504 Broadway12 min walk122K SF61868$13.61
11 Fulton Street14 min walk128K SF31983Exempt
95 Marginal Street14 min walk59K SF32019Exempt
95 South Street14 min walk242K SF42015Exempt

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 addresses
59-71 Division Street; 6 Forsyth Street; 2 Market Street
ZIP code
10002
Building type
Retail building (city class K2)
Total floor area
50,706 SF
Commercial floor area
50,706 SF
Retail
50,706 SF
Height
2 floors
Year built
1988
Lot area
18,750 SF
Zoning district
C6-1G
Built FAR
2.7
Max commercial FAR
6
Tax lot (BBL)
1002820044

Nearest subway

  • East Broadway4 min walk · Not accessible
  • Grand St6 min walk · Not accessible
  • Canal St8 min walk · Accessible station

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 NYC DOT as the owner of record. For tax year 2026/27 the city values 88 East Broadway at $19.3 million and assesses it at $8.69 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
NYC DOT
Tax class
Class 4 (commercial and industrial)
City market value
$19,302,000
Land market value
$4,860,000
Assessed value
$8,685,900
Exemptions
$8,685,900
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$14.7 million
  • 2023/24$15.4 million
  • 2024/25$15.9 million
  • 2025/26$16.7 million
  • 2026/27$19.3 million

Market value rose 31% from 2022/23 ($14.7 million) to 2026/27.

Commercial 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 2026-10-03. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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 88 East Broadway. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar, was first permitted in February 2026 (construction; filed cost estimate $3.7 million).

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

Recent build-outs

  • CellarFebruary 2026Construction; est. $3.7 million

New jobs by year

  • 20210
  • 20220
  • 20230
  • 20240
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). 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 88 East Broadway

How big is 88 East Broadway?

88 East Broadway has about 51,000 square feet of floor area in total, including 51,000 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 88 East Broadway built?

City records list 1988 as the year built. The building is 2 floors tall.

What other addresses does 88 East Broadway have?

City records list 59-71 Division Street, 6 Forsyth Street and 2 Market Street on the same tax lot (BBL 1002820044) as 88 East Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 88 East Broadway?

88 East Broadway is in ZIP code 10002, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 88 East Broadway, New York, NY 10002, in Chinatown.

What is the zoning at 88 East Broadway?

The lot is in the C6-1G zoning district. PLUTO lists a built floor area ratio (FAR) of 2.7 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 88 East Broadway?

The closest subway station to 88 East Broadway is East Broadway (the F train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: Grand St (the B and D trains), 6 min walk; Canal St (the 6, J, N, Q, R, W and Z trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 88 East Broadway?

The NYC Department of Finance's 2026/27 assessment roll lists NYC DOT as the owner of record of 88 East Broadway (BBL 1002820044). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 88 East Broadway?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 88 East Broadway. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar, was first permitted in February 2026 (construction; filed cost estimate $3.7 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1002820044. 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 88 East Broadway?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 88 East Broadway, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1002820044 show what is actually billed.

What is the assessed value of 88 East Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 88 East Broadway at $19.3 million ($4.86 million of it land) and its assessed value at $8.69 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 31% from 2022/23 ($14.7 million) to 2026/27.

Is there retail space for lease at 88 East Broadway?

No space at 88 East 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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