Office building with commercial space · Flatiron, Manhattan
881 Broadway
New York, NY 10003
881 Broadway is a 7-floor office building with commercial space in Flatiron, Manhattan, built in 1896, with about 208,000 square feet of office space according to city records.
Also at 881-887 Broadway, 9-13 East 18th Street, 2-20 East 19th Street and 113-117 Fifth Avenue.
- Office space
- 208K SF
- Floors
- 7
- Year built
- 1896
- Zoning
- M1-5M
The 12th largest of the 90 office buildings we track in Flatiron. Compare it with 6 neighbors
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Compared with its neighbors
How 881 Broadway compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 881 Broadway is the largest by office floor area. It went up in 1896; the median neighbor dates from 1888. Its estimated property tax, about $22.94 a square foot of floor area before abatements, is below the neighbors' median of $25.23.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 881 Broadway | 208K SF | 7 | 1896 | $22.94 |
| Constable Building, 109 Fifth Avenue | 189K SF | 13 | 1895 | $24.47 |
| 873 Broadway | 47K SF | 8 | 1880 | $11.62 |
| 119 Fifth Avenue | 50K SF | 8 | 1906 | $24.67 |
| 895 Broadway | 50K SF | 5 | 1869 | $34.04 |
| W. & J. Sloane Building, 880 Broadway | 62K SF | 6 | 1882 | $28.76 |
| 101 Fifth Avenue | 55K SF | 11 | 1909 | $25.78 |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 881-887 Broadway; 9-13 East 18th Street; 2-20 East 19th Street; 113-117 Fifth Avenue
- ZIP code
- 10003
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 276,481 SF
- Commercial floor area
- 276,481 SF
- Office
- 208,000 SF
- Retail
- 64,081 SF
- Industrial and storage
- 4,400 SF
- Height
- 7 floors
- Average floor
- About 39,500 SF (floor area divided by floors)
- Year built
- 1896
- Lot area
- 39,775 SF
- Zoning district
- M1-5M
- Built FAR
- 6.95
- Max commercial FAR
- 5
- Historic district
- Ladies' Mile Historic District
- Tax lot (BBL)
- 1008470062
Nearest subway
- 14 St-Union Sq
- 23 St
- 23 St-Baruch College
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 3 storefronts at 881 Broadway for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2025
- 3
- Vacant that day
- 0
- Share vacant across Flatiron
- 11.8%
- Share vacant along Broadway
- 12.0%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Flatiron? Get matchedNYC storefront vacancy report
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 BJW REALTY LLC as the owner of record. For tax year 2026/27 the city values 881 Broadway at $136.1 million and assesses it at $61.3 million. After phase-ins and exemptions its taxable value is $58.5 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 $6.34 million a year before abatements, roughly $22.94 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
- BJW REALTY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $136,122,200
- Land market value
- $30,200,000
- Assessed value
- $61,255,000
- Taxable value (phased in)
- $58,469,540
- Estimated yearly tax
- About $6.34 million
- Tax per SF of floor area
- About $22.94
City market value by tax year
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How to find who owns any NYC buildingSource: 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 Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 881 Broadway. In the last two years, interior work was permitted on 5 floors (floors 1, 2, 4, 5 and 7, the cellar and the mezzanine). The newest build-out, on floor 7, was first permitted in October 2026 (construction; filed cost estimate $60,000).
- New jobs, last 12 months
- 5
- Initial permits, last 12 months
- 7
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 7
- Floors with interior work, last 24 months
- 1, 2, 4, 5 and 7, cellar, mezzanine
- Facade and sidewalk jobs, last 24 months
- 2
Recent build-outs
New jobs by year
Build-outs across FlatironWhere NYC offices are being built out
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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Before you sign
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Questions about 881 Broadway
How big is 881 Broadway?
881 Broadway has about 276,000 square feet of floor area in total, including 208,000 square feet of office, 64,000 square feet of retail and 4,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 881 Broadway built?
City records list 1896 as the year built. The building is 7 floors tall.
What other addresses does 881 Broadway have?
City records list 881-887 Broadway, 9-13 East 18th Street, 2-20 East 19th Street and 113-117 Fifth Avenue on the same tax lot (BBL 1008470062) as 881 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 881 Broadway?
881 Broadway 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 full mailing address is 881 Broadway, New York, NY 10003, in Flatiron.
What is the zoning at 881 Broadway?
The lot is in the M1-5M zoning district. PLUTO lists a built floor area ratio (FAR) of 6.95 and a maximum commercial FAR of 5 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 881 Broadway?
The closest subway station to 881 Broadway is 14 St-Union Sq (the 4, 5, 6, L, N, Q, R and W trains), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 23 St (the R and W trains), 4 min walk; 23 St-Baruch College (the 6 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 881 Broadway?
The NYC Department of Finance's 2026/27 assessment roll lists BJW REALTY LLC as the owner of record of 881 Broadway (BBL 1008470062). 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.
Is there construction at 881 Broadway?
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 881 Broadway. In the last two years, interior work was permitted on 5 floors (floors 1, 2, 4, 5 and 7, the cellar and the mezzanine). The newest build-out, on floor 7, was first permitted in October 2026 (construction; filed cost estimate $60,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008470062. 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 881 Broadway?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $58.5 million for 881 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $6.34 million a year, roughly $22.94 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008470062 show the actual bill.
What is the assessed value of 881 Broadway?
For tax year 2026/27, the NYC Department of Finance puts the market value of 881 Broadway at $136.1 million ($30.2 million of it land) and its assessed value at $61.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2022/23 ($130.8 million) to 2026/27.
Are there vacant storefronts at 881 Broadway?
Owners registered 3 storefronts at 881 Broadway 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 881 Broadway?
No space at 881 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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Flatiron
Transit hubs in Flatiron
- R W at 23 St
- 4 5 6 L N Q R W at 14 St-Union Sq
- F M at 23 St