Office building with commercial space · SoHo, Manhattan

96 Spring Street

New York, NY 10012

96 Spring Street is an 8-floor office building with commercial space in SoHo, Manhattan, built in 1900, with about 43,000 square feet of office space according to city records.

Also at 96-98 Mercer Street and 96-104 Spring Street.

Office space
43K SF
Floors
8
Year built
1900
Zoning
M1-5/R9X

Office space next to its nearest neighbors

  1. 511 Broadway1 min walk124K SF
  2. 96 Spring StreetThis building43K SF
  3. 525 Broadway1 min walk40K SF

The 34th largest of the 42 office buildings we track in SoHo. Compare it with 6 neighbors

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Compared with its neighbors

How 96 Spring Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 96 Spring Street ranks 5th of 7 by office floor area. It went up in 1900; the median neighbor dates from 1900. Its estimated property tax, about $36.41 a square foot of floor area before abatements, is above the neighbors' median of $28.66.

96 Spring 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
96 Spring StreetThis building43K SF81900$36.41n/a
525 Broadway1 min walk40K SF81920$20.54May 2012, $87M
511 Broadway1 min walk124K SF51900$26.73n/a
520 Broadway1 min walk41K SF111901$44.08Jun 2021, $87.8M
530 Broadway1 min walk157K SF111898$30.60Mar 2020, $382M
524 Broadway1 min walk111K SF111903$46.82Jun 2021, $236M
Rouss Building, 549 Broadway1 min walk224K SF121890$17.89Dec 2025, $386M (2 lots)
The 34th largest of the 42 office buildings we track in SoHo: 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
96-98 Mercer Street; 96-104 Spring Street
ZIP code
10012
Building type
Office building with commercial space (city class O6)
Total floor area
48,904 SF
Commercial floor area
48,904 SF
Office
42,791 SF
Retail
6,113 SF
Height
8 floors
Average floor
About 6,100 SF (floor area divided by floors)
Year built
1900
Last major alteration
2005
Lot area
6,100 SF
Zoning district
M1-5/R9X
Built FAR
8.02
Max commercial FAR
5
Historic district
SoHo-Cast Iron Historic District
Tax lot (BBL)
1004840003

Nearest subway

  • Prince St2 min walk · Not accessible
  • Spring St3 min walk · Not accessible
  • Broadway-Lafayette St5 min walk · Accessible station · connects to Bleecker St

Nearby large buildings

All 18 large office buildings on Spring Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 96 Spring Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2024
2
Vacant that day
0
Share vacant across SoHo
8.3%
Share vacant along Spring Street
5.9%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 2
  • 20210 of 2
  • 20220 of 2
  • 20230 of 2
  • 20240 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 2024, pulled 2026-10-08. 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 2024 filing was due June 3, 2025, 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 MERCIFUL SPRINGS LLC as the owner of record. For tax year 2026/27 the city values 96 Spring Street at $38.7 million and assesses it at $17.4 million. After phase-ins and exemptions its taxable value is $16.4 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 $1.78 million a year before abatements, roughly $36.41 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
MERCIFUL SPRINGS LLC
Tax class
Class 4 (commercial and industrial)
City market value
$38,713,000
Land market value
$2,200,000
Assessed value
$17,420,850
Taxable value (phased in)
$16,415,280
Estimated yearly tax
About $1.78 million
Tax per SF of floor area
About $36.41

City market value by tax year

  • 2022/23$32 million
  • 2023/24$34.1 million
  • 2024/25$38.8 million
  • 2025/26$38.8 million
  • 2026/27$38.7 million

Market value rose 21% from 2022/23 ($32 million) to 2026/27.

How SoHo compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-08; 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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SEC filings (EDGAR)

Companies with offices here

One investment manager gives 96 Spring Street as its office address in SEC filings.

Investment manager

Office address on their latest 13F holdings report

  • Lead Edge Capital Management, LLC13F, 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 2026-10-08; 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

96 Spring Street reported an ENERGY STAR score of 50 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 66.5 kBtu per square foot, about the same as the national median of 67.3 for a similar property. Its greenhouse gas emissions were about 337 metric tons of CO2e (6.89 kg per square foot).

ENERGY STAR score (2024)
50 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
66.5 kBtu/SF
National median for the type
67.3 kBtu/SF
Greenhouse gas emissions
337 t CO2e
Emissions per SF
6.89 kg CO2e
Floor area in the filing
48,904 SF

ENERGY STAR score by year

  • 202253 (D)
  • 202355 (C)
  • 202450 (D)

Energy sources in 2024

  • Electricity72%
  • Fuel oil28%

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 2026-10-08; 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, 96 Spring Street comes to about 266 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 371 tons for 2024 to 2029 (72% of the limit), so it would owe no penalty. From 2030 the limit drops to 126 tons and the same energy use counts as about 167 tons, about 41 tons over, or an estimated $11,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
371 t CO2e
Estimated emissions
266 t CO2e
Under the limit by
105 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
126 t CO2e
Estimated emissions
167 t CO2e
Over the limit by
41 t CO2e
Estimated penalty a year
$11,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 39,749 SF; Retail Store 9,155 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.

Own or manage 96 Spring 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 11 jobs at 96 Spring Street. In the last two years, interior work was permitted on 4 floors (floors 3, 5, 7 and 8). The newest build-out, on floor 7, was first permitted in July 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $2 million).

New jobs, last 12 months
11
Initial permits, last 12 months
11
Newest job first permitted
September 2026
Interior build-outs, last 24 months
6
Floors with interior work, last 24 months
3, 5, 7 and 8

Recent build-outs

  • Floor 7July 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $2 million
  • Floors 7 and 8, roofJune 2026Plumbing, Sprinklers; 2 jobs; est. $26,000
  • Floor 8, roofMay 2026Construction, Mechanical, Structural; 3 jobs; est. $284,000
  • Floor 3January 2026Construction; est. $120,000
  • Floor 5July 2025Mechanical; est. $53,000; signed off
  • Floors 7 and 8May 2025Construction, Mechanical, Plumbing; 3 jobs; est. $220,000; signed off

New jobs by year

  • 20213
  • 20221
  • 202311
  • 20246
  • 20254
  • 2026 to date11

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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

96 Spring Street was designed by Clinton & Russell (architect), George H. Fuller Co.(carpenter) and built in 1900. It stands in the SoHo-Cast Iron Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
Clinton & Russell (architect), George H. Fuller Co.(carpenter)
Constructed
1900
Primary material
Brick
Built as
Store and lofts

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-08. A designation can cover part of a lot, such as a facade or a lobby interior.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 96 Spring Street

How big is 96 Spring Street?

96 Spring Street has about 49,000 square feet of floor area in total, including 43,000 square feet of office and 6,000 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 96 Spring Street built?

The Landmarks Preservation Commission's building records date 96 Spring Street to 1900, designed by Clinton & Russell (architect), George H. Fuller Co.(carpenter). The building is 8 floors tall.

Who designed 96 Spring Street?

Clinton & Russell (architect), George H. Fuller Co.(carpenter), according to the Landmarks Preservation Commission's building records and its original use as store and lofts.

What other addresses does 96 Spring Street have?

City records list 96-98 Mercer Street and 96-104 Spring Street on the same tax lot (BBL 1004840003) as 96 Spring Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 96 Spring Street?

96 Spring Street is in ZIP code 10012, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 96 Spring Street, New York, NY 10012, in SoHo.

What is the zoning at 96 Spring Street?

The lot is in the M1-5/R9X zoning district. PLUTO lists a built floor area ratio (FAR) of 8.02 and a maximum commercial FAR of 5 for this lot. It is inside the SoHo-Cast Iron Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to 96 Spring Street?

The closest subway station to 96 Spring Street is Prince St (the R and W trains), about 650 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Spring St (the 6 train), 3 min walk; Broadway-Lafayette St (the B, D, F, M and 6 trains, connected to Bleecker St), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 96 Spring Street?

The NYC Department of Finance's 2026/27 assessment roll lists MERCIFUL SPRINGS LLC as the owner of record of 96 Spring Street (BBL 1004840003). 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 96 Spring Street?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 96 Spring Street. One investment manager files 13F holdings reports from the address: Lead Edge Capital Management, LLC. 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.

What is the energy grade of 96 Spring Street?

96 Spring Street reported an ENERGY STAR score of 50 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 50 earns a D. 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 66.5 kBtu per square foot, about the same as the national median of 67.3 for a similar property. Its greenhouse gas emissions were about 337 metric tons of CO2e (6.89 kg per square foot).

Does 96 Spring Street meet Local Law 97?

At its 2024 energy use, 96 Spring Street comes to about 266 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 371 tons for 2024 to 2029 (72% of the limit), so it would owe no penalty. From 2030 the limit drops to 126 tons and the same energy use counts as about 167 tons, about 41 tons over, or an estimated $11,000 a year unless the building cuts its emissions. 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 96 Spring Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 11 jobs at 96 Spring Street. In the last two years, interior work was permitted on 4 floors (floors 3, 5, 7 and 8). The newest build-out, on floor 7, was first permitted in July 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $2 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1004840003. 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 96 Spring Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $16.4 million for 96 Spring Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.78 million a year, roughly $36.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1004840003 show the actual bill.

What is the assessed value of 96 Spring Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 96 Spring Street at $38.7 million ($2.2 million of it land) and its assessed value at $17.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 21% from 2022/23 ($32 million) to 2026/27.

Are there vacant storefronts at 96 Spring Street?

Owners registered 2 storefronts at 96 Spring Street for December 31, 2024, 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 96 Spring Street?

No space at 96 Spring 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.

2,180 buildings from city records

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