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PropertyDiSHi

115 Broad Street

Manhattan · Parcel 1000050010
1,320
Residential units
1969
Year built
1,044,351 sq ft
Building area
4
Open violations
$130,493,250
Assessed value

What the numbers say

Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.

Already larger than residential zoning would allow

The building occupies a floor-area ratio of 19.33, against a residential limit of 10.00 — it is over that limit by 9.33. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.

A light open-violation load

Only 4 violations are currently open across 1,320 residential units, with $2,500.00 outstanding. For a building of this age that is a modest figure.

Last recorded sale

Recorded at $250,806,808 on 28 Dec 2022 — $190,005 per residential unit, $240 per built square foot, 1.92× the assessed value.

Assessed value trend

Assessed value has risen 75.5% across the 5 assessment years on record (2023 to 2027), standing at $130,493,250. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.

Development & zoning

Floor-area ratio

Built19.33
Residential limit10.00
Commercial limit15.00
Community-facility limit15.00

Development headroom (calculated) calculated

Highest permitted ratio15.00
Unused ratio-4.33
Unused buildable area—
Lot area54,023 sq ft

Value & taxes

Assessment

Assessed total$130,493,250
Assessed land$20,880,000
Assessed building$109,613,250
Market value on record$289,985,000
Assessed as % of market45.0%

Tax

Tax class2
Taxable assessed$128,782,297
Tax rate12.502%
Estimated annual levy$16,100,362.77
Tax exemption (assessed value)467m 35 Yr Mpda — $117,443,925 (through 2062)

The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.

Assessed value by year

YearAssessed valueChange
2027$130,493,250—
2026$108,214,650+20.6%
2025$75,248,550+43.8%
2024$84,355,650-10.8%
2023$74,367,900+13.4%

Building & occupancy

Structure

Year built1969
Floors32
Building area1,044,351 sq ft
Residential area995,416 sq ft
Commercial area48,935 sq ft

Occupancy

Total units1,323
Residential units1,320
Rent-stabilized330
Free Market / Other990
Storefronts2
Residential Avg unit size754 sq ft (calculated)
Commercial Avg unit size16,312 sq ft (calculated)
Building classD5

Neighborhood, risk & energy

Neighborhood & transit

Nearest subwayWhitehall St-South Ferry (R, W) — 0.12 mi
School district2
Police precinct1
Nearest firehouseEngine 4/Ladder 15 — 42 South Street

Location risk

Flood zoneHigh-risk (Zone AE)
Hurricane evacuation zoneZone 1
Projected floodplainIn the projected 2050s floodplain
City emergency repairs1 orders — $0 billed (through 2025)

Energy & emissions

Energy gradeB
Energy use intensity8.9 kBtu/ft²
Greenhouse-gas emissions1,045 metric tons/yr

Comparable sales

AddressSale datePriceSq ft$/sq ft
125 Broad Street2016-04-26$129,482,000——

Record activity

Compliance calculated

Open violations4
Open per residential unit0.0 (calculated)
Enforcement penalties$2,500.00
Safety-violation penaltiesNot available
Total penalties owed$2,500.00 (calculated)
On tax-lien sale listNo

Activity

Complaints recorded428
Permits / alterations257
Recorded documents60
Legal proceedings0

Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.

Ownership & last recorded sale

Owner of record

Owner25 Water Owner, LLC
Parcel1000050010
Block5
Lot10
Mortgage on record$208,713,753 (2022) — Athene Annuity And Life Company — note assigned
Fixture liens1 active fixture lien

Last recorded transfer

Date28 Dec 2022
Recorded price$250,806,808
Price per unit$190,005
Price vs assessed1.92×

Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.

Open violations

Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.

IssuedCategoryClassStatusAmount dueDescription
2 Sep 2026EnforcementCLASS - 1ACTIVE$1,250VF.. R T S... 97.X..17...ELEVATOR IN BUILDING OUT OF SERVICE, UPON INSPECTION THE DEVICE IS FOUND TO BE OUT OF SERVICE CREATING A HAZADIOUS CONDITION AS IRCNY 11-02.. REPAIR THE DEVICE AND RESTORE TO SERVICE IM
2 Sep 2026EnforcementCLASS - 1ACTIVE$1,250VF.... CEASE USED... DOOR RESTICTOR NOT WORKING ...DOOR ZOINE RESTRICTOR HAS BEEN TEMPERED WITH DISABLED INOPERATIVE , THIS IS A SAFETY DEVICE TO INSURE ELEVATOR PASSENGERS SAFETY REPAIR RESTRICTOR AND CONTACT
14 Apr 2026HousingCVIOLATION WILL BE REINSPECTED—HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1809, 18th STORY, 2nd APARTMENT FROM NORTH AT EAST , SECTION ''south
14 Apr 2026HousingBNOT COMPLIED WITH—27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIAL AT CEILING AT CELLAR

Complaints

A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.

DateProblemTypeStatusClosed
26 Sep 2026FIRE ESCAPESAFETYOpen—
26 Sep 2026DogNoiseIn Progress—
24 Sep 2026LeakWater MaintenanceIn Progress24 Sep 2026
24 Sep 2026Banging/PoundingNoise - ResidentialClosed24 Sep 2026
24 Sep 2026DogNoiseIn Progress—
22 Sep 2026Banging/PoundingNoise - ResidentialClosed22 Sep 2026
20 Sep 2026Manufacturing Business/PlantNoiseClosed23 Sep 2026
19 Sep 2026Garage or Parking LotConsumer ComplaintIn Progress—
16 Sep 2026Defective HardwareSidewalk ConditionIn Progress—
16 Sep 2026Loud TelevisionNoise - ResidentialClosed16 Sep 2026
15 Sep 2026DogNoiseClosed16 Sep 2026
14 Sep 2026AlarmNoiseClosed21 Sep 2026
12 Sep 2026MOLDUNSANITARY CONDITIONOpen—
11 Sep 2026Street Light OutStreet Light ConditionClosed21 Sep 2026
11 Sep 2026DogNoiseClosed25 Sep 2026
9 Sep 2026Banging/PoundingNoise - ResidentialClosed9 Sep 2026
9 Sep 2026Banging/PoundingNoise - ResidentialClosed9 Sep 2026
6 Sep 2026Loud Music/PartyNoise - ResidentialClosed6 Sep 2026
5 Sep 2026Loud Music/PartyNoise - ResidentialClosed6 Sep 2026
5 Sep 2026WATER SUPPLYPLUMBINGOpen—
31 Aug 2026DogNoiseClosed4 Sep 2026
31 Aug 2026Banging/PoundingNoise - ResidentialClosed31 Aug 2026
31 Aug 2026VENTILATION SYSTEMGENERALOpen—
28 Aug 2026Elevator - Multiple Devices On PropertyElevatorClosed3 Sep 2026
28 Aug 2026AlarmNoiseClosed8 Sep 2026
27 Aug 2026AlarmNoiseClosed28 Aug 2026
25 Aug 2026Loud Music/PartyNoise - ResidentialClosed26 Aug 2026
22 Aug 2026Loud Music/PartyNoise - ResidentialClosed22 Aug 2026
20 Aug 2026Loud TelevisionNoise - ResidentialClosed21 Aug 2026
20 Aug 2026Loud TalkingNoise - ResidentialClosed24 Aug 2026
20 Aug 2026Posted Parking Sign ViolationIllegal ParkingClosed21 Aug 2026
20 Aug 2026Banging/PoundingNoise - ResidentialClosed20 Aug 2026
11 Aug 2026VentilationIndoor Air QualityClosed12 Aug 2026
10 Aug 2026Banging/PoundingNoise - ResidentialClosed10 Aug 2026
9 Aug 2026Banging/PoundingNoise - ResidentialClosed9 Aug 2026
9 Aug 2026Banging/PoundingNoise - ResidentialClosed9 Aug 2026
9 Aug 2026Banging/PoundingNoise - ResidentialClosed9 Aug 2026
8 Aug 2026Banging/PoundingNoise - ResidentialClosed9 Aug 2026
8 Aug 2026Loud Music/PartyNoise - ResidentialClosed9 Aug 2026
8 Aug 2026Banging/PoundingNoise - ResidentialClosed8 Aug 2026
8 Aug 2026Banging/PoundingNoise - ResidentialClosed8 Aug 2026
6 Aug 2026Loud Music/PartyNoise - ResidentialClosed6 Aug 2026
6 Aug 2026VentilationIndoor Air QualityClosed7 Aug 2026
4 Aug 2026Banging/PoundingNoise - ResidentialClosed4 Aug 2026
3 Aug 2026Loud Music/PartyNoise - ResidentialClosed3 Aug 2026
3 Aug 2026Partial AccessBlocked DrivewayClosed3 Aug 2026
2 Aug 2026AlarmNoiseClosed3 Aug 2026
30 Jul 2026Banging/PoundingNoise - ResidentialClosed30 Jul 2026
30 Jul 2026DogNoiseClosed4 Aug 2026
29 Jul 2026Loud TalkingNoise - ResidentialClosed29 Jul 2026

Showing the 50 most recent of 150. The full set is available in the interactive report.

Permits & alterations

The absence of a permit does not prove no work was done — it may equally mean work was done without one.

IssuedTypeStatusWork
3 Oct 2025Sidewalk ShedSigned-offINSTALLATION OF HEAVY-DUTY SIDEWALK SHED DURING BLDG ALTERATION, FILED SEP. SIDEWALK SHED SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. DOT PERMITS BY OTHERS FOR SHED INSTALLED ON ROADWAY
16 Sep 2025Suspended ScaffoldSigned-offSuspended Scaffold for exterior restoration as shown on plans
27 Jan 2025SignSigned-offINSTALL NON-ILLUMINATED SIGN ON WALL (25 WATER STREET
7 Jan 2025General ConstructionSigned-offThis application is filed for a Temporary Use Permit for a sales office including model apartments pursuant to section AC 28-111 and Buildings Bulletin 2010-002. Scope of work include the model units only; Sales office filed separately under M01108031-I1
30 Dec 2024Suspended ScaffoldSigned-offInstallation of Suspended Scaffolding for Facade inspection/repair
14 Nov 2024Suspended ScaffoldSigned-offInstallation of Suspended Scaffolding for Facade Work Or Inspection
15 Oct 2024SprinklersSigned-offInstallation of sprinkler and standpipe systems
14 Oct 2024General ConstructionSigned-offThis application is filed for a Temporary Use Permit for a sales office including model apartments pursuant to section AC 28-111 and Buildings Bulletin 2010-002
3 Oct 2024Suspended ScaffoldPermit IssuedInstallation of Suspended Scaffolding for Facade Work Or Inspection
30 Sep 2024Protection and Mechanical MethodsSigned-offTEMPORARY HOIST RUN-BACK STRUCTURE DURING BLDG ALTERATION, FILED SEP. HOIST RUN-BACK STRUCTURE SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPL. HOIST & ELEVATOR APPL. SUBMITTED SEP
27 Sep 2024General ConstructionSigned-offFacade work to include the partial demolition of the existing masonry facade and installation of new window wall and in-swing casement windows
16 Sep 2024Boiler EquipmentSigned-offInstallation of (6) six gas boilers
28 May 2024Suspended ScaffoldPermit IssuedSuspended Scaffold for exterior restoration as shown on plans
23 May 2024Suspended ScaffoldPermit IssuedInstallation of Suspended Scaffolding for Facade Work Or Inspection
15 May 2024General ConstructionSigned-offRemoval of existing brick masonry, back-up wall, and existing windows along future hoist run. No change to egress, use, or occupancy
13 May 2024Supported ScaffoldSigned-offInstallation of temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application
17 Apr 2024Suspended ScaffoldPermit IssuedInstallation of Suspended Scaffolding for Facade Work Or Inspection
24 Jan 2024Protection and Mechanical MethodsSigned-offINSTALLATION OF TEMPORARY RIGGING EQUIPMENT
24 Jan 2024Protection and Mechanical MethodsSigned-offINSTALLATION OF DEBRIS CHUTE. DEBRIS CHUTE SHALL COMPLY WITH CHAPTER 33 OF THE NYC BUILDING CODE. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
23 Jan 2024Protection and Mechanical MethodsSigned-offFILING FOR MECHANICAL EQUIPMENT USE IN CONJUNCTION WITH PARTIAL DEMOLITION: SKID STEER LOADERS, DEMO ROBOTS, MINI EXCAVATORS, AND EXCAVATORS AS PER PLANS
3 Jan 2024General ConstructionPermit IssuedVertical enlargement and conversion to residential use of existing 22-story building
4 Dec 2023Protection and Mechanical MethodsSigned-offCARS C&D: TEMPORARY HOIST RUN-BACK STRUCTURE DURING BLDG ALT, FILED SEPARATELY. HOIST RUN-BACK STRUCTURE SHALL COMPLY WITH CH #33 OF THE NYC BLDG CODE. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. HOIST & ELEVATOR APPL SUBMITTED SEP
4 Dec 2023Protection and Mechanical MethodsSigned-offCARS C&D: DUAL 7250# CAPACITY PERSONNEL/MATERIAL HOISTS DURING BLDG ALTERATION FILED SEP. HOISTS SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. ELEV APPL SUB TO ELEV DEPT
21 Nov 2023StructuralSigned-offExisting building connection reinforcement for temporary construction loading, as per plans filed herewith
28 Sep 2023Protection and Mechanical MethodsSigned-offTEMPORARY SHORING AS PER DRAWINGS. SHORING SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
27 Sep 2023Protection and Mechanical MethodsSigned-offINSTALLATION OF DUAL PERSONNEL/MATERIAL HOISTS. CAR # 1 SHALL BE 10000# & CAR # 2 SHALL BE 7000# CAPACITY. HOISTS SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCC OR EGRESS UNDER THIS APP. ELEV APP SUB SEP
8 Aug 2023StructuralSigned-offFacade demolition and support
2 Aug 2023StandpipeSigned-offConversion of existing combined system to an alarmed air-pressurized dry standpipe system during construction. Removal of existing sprinkler risers, piping, and heads
26 Jul 2023StructuralSigned-offDemolition of rooftop bulkhead and elevator machine room. Demolition means and methods provided under M08027664-S1. Mechanical demolition equipment filed under M08027664-S4. Temporary structural bracing filed separately
18 Jul 2023StructuralSigned-offINSTALLATION OF TEMPORARY BRACING OF THE EXISTING COLUMN, SPANDREL, AND MASONRY WALL SYSTEM ALONG 125 BROAD STREET TO MAINTAIN THE STABILITY OF THE ELEMENTS AFTER DEMOLITION OF THE MOTOR ROOM AND PENTHOUSE ROOF SLAB AND FRAMING
28 Jun 2023Supported ScaffoldSigned-offTEMPORARY PIPE SCAFFOLD AS PER DRAWINGS. SCAFFOLD SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
27 Jun 2023Protection and Mechanical MethodsSigned-offTEMPORARY WINDOW PROTECTION AT THE ADJACENT PROPERTY (125 BROAD STREET) DURING BLDG ALTERATION, FILED SEP. WINDOW PROTECTION SHED SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
27 Jun 2023Protection and Mechanical MethodsSigned-offTEMPORARY NEEDLE BEAM PLATFORM AS PER DRAWINGS. NEEDLE BEAM PLATFORM SHALL SERVE AS THE BASE STRUCTURE FOR PIPE SCAFFOLDING & SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. PIPE SCAFFOLD FILED SEP
26 Jun 2023StructuralSigned-offNew openings and infill of existing openings
13 Jun 2023StructuralSigned-offUpgrade of lateral systems and existing columns
1 Jun 2023General ConstructionSigned-offPartial demolition means and methods. Mechanical demolition equipment filed separately
30 May 2023StructuralSigned-offINSTALLATION OF TEMPORARY STABILIZATION FOR THE PARTIAL DEMOLITION OF THE INTERIOR STRUCTURE
2 May 2023StructuralSigned-offUpgrade of lateral systems and existing columns. Additional structural bracing filed separately under M08027648
1 May 2023Protection and Mechanical MethodsSigned-offInstallation of overhead protection at buildings 1st floor lobby and arcade as per plan and in accordance with Chapter 33 of NYC Building Code. No change in use, egress, or occupancy
18 Apr 2023General ConstructionSigned-offMASONRY OPENINGS AS PER PLANS FOR FUTURE HOIST INSTALLATION. HOIST FILED UNDER SEPARATE APPLICATION. REPLACEMENT OF BRICKS BY OTHERS AT COMPLETION OF PROJECT. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
31 Mar 2023Mechanical SystemsSigned-offDemolish all existing mechanical equipment, ductwork, and piping
16 Mar 2023General ConstructionSigned-offInterior non-structural demolition to include removal of all interior partitions, furring, and finishes
13 Mar 2023Protection and Mechanical MethodsSigned-offINSTALLATION OF TEMPORARY OVERHEAD PROTECTION AT ADJACENT PROPERTIES DURING BLDG ALTERATION, FILED SEP. OVERHEAD PROTECTION SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION
13 Mar 2023Construction FenceSigned-offINSTALLATION OF CONSTRUCTION FENCE AS PER DRAWINGS. CONSTRUCTION FENCE SHALL COMPLY WITH CH #33 OF THE NYC BC. NO CHANGE IN USE, OCCUPANCY OR EGRESS UNDER THIS APPLICATION. DOT PERMITS BY OTHERS FOR FENCE INSTALLED ON SIDEWALK/ROADWAY
1 Mar 2023PlumbingSigned-offRemoval of all existing risers, fixtures, and distribution
20 Jan 2023Construction FenceSigned-offInstallation of temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application
18 Jan 2023PlumbingSigned-offDemolition of plumbing fixtures, remove and cap plumbing back to risers
4 Jan 2023Sidewalk ShedSigned-offInstallation of temporary heavy duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application
29 Dec 2022General ConstructionSigned-offGENERAL CONSTRUCTION WORK AS SHOWN ON PLANS
28 Dec 2022Mechanical SystemsSigned-offDemolition of existing HVAC, ducts, and piping

Showing the 50 most recent of 150. The full set is available in the interactive report.

Recorded documents

Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.

RecordedTypeAmountFromTo
9 Dec 2025AL&R$415,000,000——
9 Dec 2025Assignment———
9 Dec 2025TL&R———
9 Dec 2025Agreement$415,000,000——
26 Nov 2025SMIS———
6 Oct 2025RPTT&RET———
21 Mar 2024SAGE———
21 Mar 2024SAGE———
21 Mar 2024SAGE———
16 May 2023TERL$72,000——
24 Mar 2023SMIS———
10 Jan 2023AL&R$415,000,000——
28 Dec 2022Deed$250,806,808——
28 Dec 2022Assignment———
28 Dec 2022Agreement$107,012,128——
28 Dec 2022Mortgage$208,713,753——
28 Dec 2022Mortgage$99,274,119——
2 Jan 2018Transfer tax return$28,050,000——
12 Sep 2017Transfer tax return$772,190——
11 Mar 2015Agreement———
11 Mar 2015Agreement———
11 Mar 2015Agreement———
11 Mar 2015Agreement———
11 Mar 2015Agreement———
3 Mar 2015Agreement———
23 Feb 2015TL&R———
23 Feb 2015Assignment———
23 Feb 2015Agreement$250,000,000——
23 Feb 2015Assignment———
23 Feb 2015TL&R———
23 Feb 2015TL&R———
23 Feb 2015Mortgage$55,650,000——
23 Feb 2015Assignment———
26 Sep 2013Mortgage$10,000,000——
26 Sep 2013AL&R$10,000,000——
26 Sep 2013Mortgage$30,850,000——
26 Sep 2013AL&R$30,850,000——
12 Sep 2012MLEA———
28 Jun 2012Agreement$153,500,000——
28 Jun 2012Assignment———
28 Jun 2012TL&R———
28 Jun 2012AL&R$153,500,000——
28 Jun 2012Mortgage$76,500,000——
28 Jun 2012Agreement———
28 Jun 2012Deed$270,000,000——
18 Mar 2011SAGE———
10 May 2010AALR———
10 May 2010Assignment———
14 Apr 2010Agreement———
15 Jan 2010Deed$107,000,000——

Showing the 50 most recent of 60. The full set is available in the interactive report.

About this page

Compiled from New York City public records — data retrieved 1 day ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.

This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.