Retail building · Financial District, Manhattan

95 Marginal Street

New York, NY 10038

95 Marginal Street is a 3-floor retail building in the Financial District, Manhattan, built in 2019, with about 59,000 square feet of retail space according to city records.

Also at 96 South Street.

Retail space
59K SF
Floors
3
Year built
2019
Zoning
C4-6

The 3rd largest of the 3 retail buildings we track in the Financial District. Compare it with 6 neighbors

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Compared with its neighbors

How 95 Marginal Street compares

Next to the 6 nearest large commercial buildings, all within a 4 minute walk, 95 Marginal Street ranks 6th of 7 by commercial floor area. Built in 2019, it is the newest of them. Its property tax is fully exempt on the city's assessment roll.

95 Marginal Street and the 6 nearest large commercial buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingCommercial spaceFloorsBuiltTax / SFLast sale
95 Marginal StreetThis building59K SFretail32019Exemptn/a
95 South Street1 min walk242K SFretail42015Exemptn/a
11 Fulton Street1 min walk128K SFretail31983Exemptn/a
One Seaport Plaza, 199 Water Street3 min walk744K SFoffice351993$14.05n/a
163 Front Street3 min walk59K SFindustrial and storage101915$6.25Mar 2016, $390M (2 lots)
175 Water Street3 min walk462K SFoffice301983$12.93n/a
40 Fulton Street4 min walk235K SFoffice281987$8.44Dec 2022, $101M
The 3rd largest of the 3 retail 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
96 South Street
ZIP code
10038
Building type
Retail building (city class K2)
Total floor area
59,020 SF
Commercial floor area
59,020 SF
Retail
59,020 SF
Height
3 floors
Average floor
About 19,700 SF (floor area divided by floors)
Year built
2019
Lot area
21,923 SF
Zoning district
C4-6
Built FAR
2.69
Max commercial FAR
3.4
Tax lot (BBL)
1000730011

Nearest subway

  • Fulton St7 min walk · Accessible station
  • Wall St7 min walk · Not accessible
  • Broad St9 min walk · Not accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; 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 NYC DSBS (the city's Department of Small Business Services) as the owner of record. For tax year 2026/27 the city values 95 Marginal Street at $36 million and assesses it at $16.2 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 DSBS (the city's Department of Small Business Services)
Tax class
Class 4 (commercial and industrial)
City market value
$36,024,000
Land market value
$10,199,000
Assessed value
$16,210,800
Exemptions
$16,210,800
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$4.03 million
  • 2023/24$34.1 million
  • 2024/25$35 million
  • 2025/26$35.7 million
  • 2026/27$36 million

Market value rose 793% from 2022/23 ($4.03 million) to 2026/27.

How the Financial District compares: 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 2026-10-02. 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 September 2026, the Department of Buildings issued first permits for 16 jobs at 95 Marginal Street. In the last two years, interior work was permitted on 3 floors (floors 1 to 3, the ground floor and the mezzanine). The newest build-out, on the ground floor, was first permitted in July 2026 (structural; filed cost estimate $5,000).

New jobs, last 12 months
16
Initial permits, last 12 months
16
Newest job first permitted
September 2026
Interior build-outs, last 24 months
4
Floors with interior work, last 24 months
1 to 3, ground floor, mezzanine
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Ground floorJuly 2026Structural; est. $5,000
  • Floors 1 and 2July 2026Construction; est. $5,000
  • Floors 1 and 2, mezzanine, roofMay 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $1.6 million
  • Floors 1 to 3, mezzanine, roofMarch 2026Construction, Mechanical, Plumbing, Sprinklers, Structural; 5 jobs; est. $1.9 million

New jobs by year

  • 20213
  • 20226
  • 202336
  • 20240
  • 20250
  • 2026 to date16

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.

Before you sign

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Questions about 95 Marginal Street

How big is 95 Marginal Street?

95 Marginal Street has about 59,000 square feet of floor area in total, including 59,000 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 95 Marginal Street built?

City records list 2019 as the year built. The building is 3 floors tall.

What other addresses does 95 Marginal Street have?

City records list 96 South Street on the same tax lot (BBL 1000730011) as 95 Marginal Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 95 Marginal Street?

95 Marginal Street is in ZIP code 10038, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 95 Marginal Street, New York, NY 10038, in the Financial District.

What is the zoning at 95 Marginal Street?

The lot is in the C4-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.69 and a maximum commercial FAR of 3.4 for this lot.

What subway station is closest to 95 Marginal Street?

The closest subway station to 95 Marginal Street is Fulton St (the 2, 3, 4, 5, A, C, J and Z trains), about 0.3 miles away in a straight line, roughly 7 minutes on foot. The MTA lists it as an accessible station. Also nearby: Wall St (the 2 and 3 trains), 7 min walk; Broad St (the J and Z trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 95 Marginal Street?

The NYC Department of Finance's 2026/27 assessment roll lists NYC DSBS (the city's Department of Small Business Services) as the owner of record of 95 Marginal Street (BBL 1000730011). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 95 Marginal Street?

In the 12 months to September 2026, the Department of Buildings issued first permits for 16 jobs at 95 Marginal Street. In the last two years, interior work was permitted on 3 floors (floors 1 to 3, the ground floor and the mezzanine). The newest build-out, on the ground floor, was first permitted in July 2026 (structural; filed cost estimate $5,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1000730011. 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 95 Marginal Street?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 95 Marginal Street, 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 1000730011 show what is actually billed.

What is the assessed value of 95 Marginal Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 95 Marginal Street at $36 million ($10.2 million of it land) and its assessed value at $16.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 793% from 2022/23 ($4.03 million) to 2026/27.

Is there retail space for lease at 95 Marginal Street?

No space at 95 Marginal 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.

1,677 buildings from city records

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