Manhattan

Commercial space in NoHo

NoHo is a compact loft neighborhood with a mix of boutique office, design showrooms, and restaurants. Tenants choose it for character space and a quieter feel than SoHo next door.

Commercial properties
547
Office stock
4.3M SF
Median year built
1900
Known for
Office, Retail, Restaurant

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

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NYC tax lot records

The building stock in NoHo

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Commercial properties
547
Office space
4.3M SF
Retail space
2.4M SF
Built before 1940
85%

Largest office buildings

  1. 10 floors · built 1919
  2. 12 floors · built 1910
  3. 14 floors · built 2012
  4. 12 floors · built 1898
  5. 9 floors · built 1894
All 34 large commercial buildings in NoHo

Age, height and zoning

  • Median year built: 1900.
  • Median height: 5 floors.
  • Most common zoning districts: R8B (134), C6-2 (67), M1-5/R9A (66). 27% of these lots are zoned for manufacturing.
  • Historic districts: East Village / Lower East Side Historic District (124 lots), NoHo Historic District (96 lots), NoHo Historic District Extension (44 lots).
  • 25 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.3 mi of NoHo's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.

MTA station data

Subway stations in NoHo

Every station within about 0.5 mi of NoHo's commercial core, closest first. Stations joined by a free transfer count once.

Stations
7
Subway lines
9
Fully accessible
1 of 7
Closest
Bleecker St, 3 min walk

The 7 stations

  • Bleecker St3 min walk · Accessible station · connects to Broadway-Lafayette St
  • Astor Pl4 min walk · Not accessible
  • 8 St-NYU4 min walk · Not accessible
  • 2 Av6 min walk · Not accessible
  • Prince St7 min walk · Not accessible
  • Spring St8 min walk · Not accessible
  • Bowery10 min walk · Not accessible

Lines

The 6, B, D, F, J, M, R, W and Z trains stop within about 0.5 mi of NoHo's core.

Step-free access

  • Bleecker St (6) is fully accessible.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of NoHo's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

NYC property records (ACRIS)

Recent building sales in NoHo

6 sales of the large commercial buildings Leasemark tracks in NoHo have been recorded since 2016, $326 million in all.

Newest sales

  1. 26 Bleecker Street$38.1 million
    December 2025 · $879 a SF · to 26 BLEECKER LLC
  2. 625 Broadway$41.5 million
    September 2025 · $526 a SF · to 5 CANAL OWNER LLC, 625 BROADWAY ACQUISITIONS LLC and others
  3. December 2023 · $921 a SF · to 43 BLEECKER LLC
  4. April 2023 · $1,048 a SF · to NEW YORK UNIVERSITY
  5. 28 Second Avenue$73 million
    December 2021 · $1,391 a SF · to SM I MMS, L.L.C.
  6. 43 Bleecker Street$40.9 million
    April 2018 · $1,076 a SF

Since 2016

  • Largest: 400 Lafayette Street, $97.5 million in April 2023.
  • Median price: about $985 a square foot of floor area, across 6 one-building sales.
  • Newest deed on record: December 2025. The city's open data runs about a month behind.
All 6 building sales in NoHo

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.

NYC Department of Finance

Commercial property taxes in NoHo

Of the 34 large commercial buildings Leasemark tracks in NoHo, 28 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $15.17 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. 740 Broadway$4.78 million
    $15.08 a SF · market value $99.6 million
  2. 610 Broadway$3.98 million
    $32.55 a SF · market value $90.6 million
  3. 358 Bowery$3.02 million
    $28.65 a SF · market value $62 million
  4. $14.25 a SF · market value $60.3 million
  5. 600 Broadway$2.6 million
    $38.49 a SF · market value $53.2 million
  6. 592 Broadway$2.32 million
    $10.02 a SF · market value $48.2 million

Across 28 taxed buildings

  • The middle half pay between $12.86 and $21.77 a square foot of floor area a year.
  • Manhattan median: $13.55 a square foot, across 1388 large buildings Leasemark tracks.
  • Median market value on the roll: about $323 a square foot. That is the city's valuation for tax, not a sale price.
  • 6 buildings are fully exempt, including 51 Astor Place and 726 Broadway. Exemptions like these are common for government, nonprofit and PILOT properties.

Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-16. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (35,000 SF and up in Manhattan).

NYC Department of Buildings permits

Interior build-outs in NoHo

In the 12 months to October 2026, the Department of Buildings issued first permits for 67 interior build-outs in 27 of the 34 large commercial buildings Leasemark tracks in NoHo, with work permitted on 86 floors in all. Their filed cost estimates add up to about $41 million.

Most build-outs, last 12 months

  1. 7 floors with work
  2. 6 floors with work
  3. 7 floors with work
  4. 5 floors with work
  5. 5 floors with work
  6. 2 floors with work
  • 79% of the buildings tracked here had a build-out, against 61% across Manhattan.

Build-outs by quarter

  • Q1 20258
  • Q2 202513
  • Q3 202510
  • Q4 202516
  • Q1 202611
  • Q2 202615
  • Q3 202624
  • Q4 2026 to Oct 226

Newest

  • 51 Astor PlaceOct 2026Floor 1; construction, mechanical, sprinklers, structural; est. $940,000
  • 740 BroadwayOct 2026Floor 3; plumbing; est. $1,000
  • 3 St. Marks PlaceOct 2026Cellar; plumbing; est. $20,000
  • 632 BroadwayOct 2026Cellar, sub-cellar; construction, mechanical, plumbing, sprinklers; est. $564,000

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (35,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.

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 NoHo

How much commercial space is there in NoHo?

New York City's PLUTO tax lot data (26v2) records about 11.6 million square feet of commercial floor area across 547 properties in the part of NoHo Leasemark covers, including about 4.3 million square feet of office and about 2.4 million square feet of retail. The largest office building by that measure is 726 Broadway, at about 302,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve NoHo?

Seven subway stations sit within about 0.5 mi of NoHo's commercial core, served by the 6, B, D, F, J, M, R, W and Z trains. The closest is Bleecker St (6 B D F M), roughly 3 minutes on foot; then Astor Pl (6), 8 St-NYU (R W), 2 Av (F), Prince St (R W), Spring St (6) and Bowery (J Z). Walking times are straight-line estimates from MTA station data.

Which subway stations in NoHo are accessible?

One of the seven stations within about 0.5 mi of NoHo's commercial core is fully accessible, per the MTA: Bleecker St (6).

When did a large commercial building in NoHo last sell?

The newest sale on record is 26 Bleecker Street, which sold in December 2025 for $38.1 million to 26 BLEECKER LLC, per the deed recorded with the city. 6 sales, $326 million in all, have been recorded of the large commercial buildings Leasemark tracks in NoHo since 2016.

See every building sale in NoHo

How much are commercial property taxes in NoHo?

On the Department of Finance's 2026/27 assessment roll, the 28 large commercial buildings Leasemark tracks in NoHo that pay property tax come to a median of about $15.17 per square foot of floor area a year, with the middle half between $12.86 and $21.77. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 740 Broadway, about $4.78 million a year. 6 more buildings are fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.

How taxes show up in gross and net leases

How much build-out work is happening in NoHo?

In the 12 months to October 2026, the Department of Buildings issued first permits for 67 interior build-outs in 27 of the 34 large commercial buildings Leasemark tracks in NoHo, with work permitted on 86 floors in all. Their filed cost estimates add up to about $41 million. The most were at 51 Astor Place (9 build-outs). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.

Build-outs in every NYC neighborhood

Do tenants in NoHo pay the NYC Commercial Rent Tax?

Yes, for larger leases. NoHo is in Manhattan below 96th Street, where the city's Commercial Rent Tax applies. A tenant owes it only when base rent for the space is $250,000 a year or more. The tax is 6% of base rent after a 35% reduction, so 3.9% of rent, with a sliding credit between $250,000 and $300,000, and the Small Business Tax Credit wipes it out for businesses with total income of $5 million or less and base rent under $500,000.

Estimate it with the Commercial Rent Tax calculator

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