1 Wall Street
Analysis
The property carries high risk due to significant safety‑related penalties, over‑built residential floor area, and lack of a verifiable market sale, despite its large size and high assessed value.
The good
- 566 residential units provide substantial rental inventory
- Assessed value of $204,682,997 indicates high capitalized worth
- 52 floors and 872,851 total building sqft offer extensive space
- Large number of permits (253) suggests recent improvements or upgrades
The bad
- Safety violation penalties of $73,000 and three unpaid safety violations are material debts
- Building is over‑built for residential use (residential FAR 20.69 exceeds the 10 limit)
- Five open violations remain unresolved
- No arm‑length sale and market value recorded as $0 raise pricing uncertainty
Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.
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 20.69, against a residential limit of 10.00 — it is over that limit by 10.69. 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 5 violations are currently open across 566 residential units, with $0.00 outstanding. For a building of this age that is a modest figure.
Development & zoning
Floor-area ratio
| Built | 20.69 |
|---|---|
| Residential limit | 10.00 |
| Commercial limit | 15.00 |
| Community-facility limit | 15.00 |
Development headroom (calculated) calculated
| Highest permitted ratio | 15.00 |
|---|---|
| Unused ratio | -5.69 |
| Unused buildable area | — |
| Lot area | 42,178 sq ft |
Value & taxes
Assessment
| Assessed total | $204,682,997 |
|---|---|
| Assessed land | $26,054,996 |
| Assessed building | $178,628,001 |
| Market value on record | $0 |
| Assessed as % of market | — |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $0 |
| Tax rate | 12.502% |
| Estimated annual levy | — |
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
| Year | Assessed value | Change |
|---|---|---|
| 2027 | $0 | — |
| 2026 | $0 | — |
| 2025 | $0 | — |
| 2024 | $0 | — |
| 2023 | $0 | — |
Building & occupancy
Structure
| Year built | 1930 |
|---|---|
| Floors | 52 |
| Building area | 872,851 sq ft |
| Residential area | 688,382 sq ft |
| Commercial area | 184,469 sq ft |
Occupancy
| Ownership | Condominium |
|---|---|
| Total units | 567 |
| Residential units | 566 |
| Residential Avg unit size | 1,216 sq ft (calculated) |
| Commercial Avg unit size | 184,469 sq ft (calculated) |
| Building class | RM |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Wall St (4, 5) — 0.03 mi |
|---|---|
| School district | 2 |
| Police precinct | 1 |
| Nearest firehouse | Engine 10/Ladder 10 — 124 Liberty Street |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Zone 5 |
| City emergency repairs | 1 orders — $0 billed (through 2016) |
| Evictions on record | 3 (most recent 2025) |
Energy & emissions
| Energy use intensity | 72.7 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 8,096 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 1 Wall Street, 2510 | 2026-05-20 | $1,560,000 | — | — |
| 1 Wall Street, 1208 | 2026-05-20 | $1,395,000 | — | — |
| 1 Wall Street, 2410 | 2026-05-20 | $1,545,000 | — | — |
| 1 Wall Street, 1126 | 2026-05-19 | $990,000 | — | — |
| 1 Wall St, 902 | 2026-05-05 | $3,250,000 | — | — |
| 1 Wall St, 3109 | 2026-04-30 | $2,610,500 | — | — |
| 1 Wall Street, 812 | 2026-04-02 | $2,295,000 | — | — |
| 1 Wall Street, 711 | 2026-03-25 | $3,225,000 | — | — |
Record activity
Compliance calculated
| Open violations | 5 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $73,000.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 1,087 |
|---|---|
| Permits / alterations | 253 |
| Recorded documents | 0 |
| Legal proceedings | 0 |
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
| Owner | Unavailable Owner |
|---|---|
| Parcel | 1000237501 |
| Block | 23 |
| Lot | 7501 |
Last recorded transfer
| Date | — |
|---|---|
| Recorded price | — |
| Price per unit | Not meaningful |
| Price vs assessed | Not meaningful |
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.
| Issued | Category | Class | Status | Amount due | Description |
|---|---|---|---|---|---|
| 29 Aug 2025 | Building | Elevators | Active | — | Violation Issued-Failure To File 2024 Periodic Inspection Report |
| 7 Jun 2021 | Building | — | VPW-VIOLATION UNSERVED Enforcement-WORK WITHOUT PERMIT-ACTIV | — | WORK WITH OUT A PERMIT,OBSERVED TROLLY HOISTING EQUIPMENT IN PLACE ON ON THE 51 ST FLOOR WITH A MAX CAPACITY OF 3 TONS |
| 3 Sep 2019 | Building | Sprinklers | Active | — | FTF-SP-FINAL |
| 1 Jun 2016 | Building | Retro-Commissioning - a local law | Active | — | FTF-EN-EARCX |
| 13 May 2016 | Building | Retro-Commissioning - a local law | Active | — | FTF-EN-EARCX |
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 7 Aug 2026 | Food Vendor | Vendor Enforcement | Closed | 7 Aug 2026 |
| 6 Aug 2026 | Food Vendor | Vendor Enforcement | Closed | 6 Aug 2026 |
| 30 Jul 2026 | Cave-in | Street Condition | Closed | 7 Aug 2026 |
| 28 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 28 Jul 2026 |
| 28 Jul 2026 | Food Vendor | Vendor Enforcement | Closed | 28 Jul 2026 |
| 27 Jul 2026 | Food Vendor | Vendor Enforcement | Closed | 27 Jul 2026 |
| 22 Jul 2026 | N/A | Encampment | Closed | 23 Jul 2026 |
| 20 Jul 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 20 Jul 2026 |
| 20 Jul 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 20 Jul 2026 |
| 18 Jul 2026 | N/A | Encampment | Closed | 18 Jul 2026 |
| 18 Jul 2026 | Pet/Animal | Food Establishment | In Progress | — |
| 17 Jul 2026 | N/A | Encampment | Closed | 18 Jul 2026 |
| 17 Jul 2026 | N/A | Encampment | In Progress | — |
| 17 Jul 2026 | Non-Chronic | Homeless Person Assistance | Closed | 17 Jul 2026 |
| 17 Jul 2026 | Non-Chronic | Homeless Person Assistance | Closed | 17 Jul 2026 |
| 14 Jul 2026 | Food Vendor | Vendor Enforcement | Closed | 14 Jul 2026 |
| 8 Jul 2026 | Food Vendor | Vendor Enforcement | Closed | 8 Jul 2026 |
| 7 Jul 2026 | N/A | Encampment | Closed | 7 Jul 2026 |
| 7 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 7 Jul 2026 |
| 2 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 2 Jul 2026 |
| 2 Jul 2026 | Driver Complaint - Non Passenger | For Hire Vehicle Complaint | In Progress | — |
| 30 Jun 2026 | Non-Food Vendor | Vendor Enforcement | Closed | 30 Jun 2026 |
| 27 Jun 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 27 Jun 2026 |
| 25 Jun 2026 | Non-Chronic | Homeless Person Assistance | Closed | 25 Jun 2026 |
| 25 Jun 2026 | Trash | Dirty Condition | Closed | 26 Jun 2026 |
| 25 Jun 2026 | N/A | Encampment | Closed | 25 Jun 2026 |
| 24 Jun 2026 | Blocked Crosswalk | Illegal Parking | Closed | 25 Jun 2026 |
| 24 Jun 2026 | Food Vendor | Vendor Enforcement | Closed | 24 Jun 2026 |
| 18 Jun 2026 | Driver Complaint - Non Passenger | For Hire Vehicle Complaint | In Progress | — |
| 18 Jun 2026 | Driver Complaint - Non Passenger | For Hire Vehicle Complaint | In Progress | — |
| 17 Jun 2026 | Syringes | Dirty Condition | Closed | 20 Jun 2026 |
| 17 Jun 2026 | Non-Food Vendor | Vendor Enforcement | Closed | 17 Jun 2026 |
| 16 Jun 2026 | License Plate Obscured | Illegal Parking | Closed | 16 Jun 2026 |
| 15 Jun 2026 | Non-Chronic | Homeless Person Assistance | Closed | 15 Jun 2026 |
| 15 Jun 2026 | Non-Food Vendor | Vendor Enforcement | Closed | 15 Jun 2026 |
| 12 Jun 2026 | Non-Food Vendor | Vendor Enforcement | Closed | 12 Jun 2026 |
| 10 Jun 2026 | Non-Food Vendor | Vendor Enforcement | Closed | 10 Jun 2026 |
| 10 Jun 2026 | Food Vendor | Vendor Enforcement | Closed | 10 Jun 2026 |
| 9 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 9 Jun 2026 |
| 6 Jun 2026 | Food Vendor | Vendor Enforcement | Closed | 6 Jun 2026 |
| 5 Jun 2026 | Food Vendor | Vendor Enforcement | Closed | 5 Jun 2026 |
| 5 Jun 2026 | Food Vendor | Vendor Enforcement | Closed | 5 Jun 2026 |
| 5 Jun 2026 | Driver Complaint - Non Passenger | For Hire Vehicle Complaint | In Progress | — |
| 5 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 5 Jun 2026 |
| 2 Jun 2026 | N/A | Panhandling | Closed | 2 Jun 2026 |
| 31 May 2026 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 1 Jun 2026 |
| 24 May 2026 | Blocked Bike Lane | Illegal Parking | Closed | 24 May 2026 |
| 21 May 2026 | Non-Chronic | Homeless Person Assistance | Closed | 21 May 2026 |
| 19 May 2026 | Non-Chronic | Homeless Person Assistance | Closed | 19 May 2026 |
| 19 May 2026 | Non-Chronic | Homeless Person Assistance | Closed | 19 May 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.
| Issued | Type | Status | Work |
|---|---|---|---|
| 28 Apr 2026 | Sprinklers | Permit Issued | Sprinkler work in conjunction with tenant fit-out in Retail 1. Alt 1 121190086 |
| 2 Apr 2026 | Plumbing | Permit Issued | Plumbing work for tenant fit-out in Retail 1. Alt 1 121190086 |
| 25 Mar 2026 | Mechanical Systems | Permit Issued | Additional modifications to existing mechanical system and related ductwork for Retail 1 exempt from R421a requirements. Alt 1 121190086 |
| 20 Mar 2026 | General Construction | Permit Issued | TENANT FIT-OUT FOR EATING AND DRINKING ESTABLISHMENT WITH LESS THAN 75 OCCUPANTS IN RETAIL 1 |
| 21 Jan 2026 | Suspended Scaffold | Permit Issued | INDUSTRIAL ROPE ACCESS FOR FACADE INSPECTIONS |
| 18 Dec 2025 | Plumbing | Signed-off | plumbing work in conjunction with the main OT# M01291841-I1 to include -Kitchen Direct Sink Replace & New Sink in Laundry |
| 14 Nov 2025 | Mechanical Systems | Signed-off | Modifications to existing mechanical system and related ductwork for Retail 1 |
| 12 Sep 2025 | General Construction | Signed-off | REMOVALS OF INTERIOR PARTITIONS, DOORS, FINISHES AND DEPOSIT BOXES IN EXISTING BANK VAULT. NO STRUCTURAL DEMOLITION PROPOSED |
| 6 May 2025 | Mechanical Systems | Permit Issued | MECHANICAL WORK IN CONJUNCTION WITH APARTMENT RENOVATIONS |
| 1 May 2025 | Plumbing | Signed-off | PLUMBING WORK IN CONJUNCTION WITH APARTMENT RENOVATIONS |
| 15 Apr 2025 | General Construction | Permit Issued | APARTMENT RENOVATIONS ON 43RD FLOOR |
| 10 Feb 2025 | Sign | Signed-off | ERECT NON-ILLUMINATED ACCESSORY BUSINESS WINDOW SIGN; COPY READING PRINTEMPS |
| 7 Feb 2025 | Sign | Signed-off | ERECT NON-ILLUMINATED ACCESSORY BUSINESS WINDOW SIGN; COPY READING P LOGO |
| 7 Feb 2025 | Sign | Signed-off | ERECT NON-ILLUMINATED ACCESSORY BUSINESS WALL SIGN; COPY READING PRINTEMPS |
| 7 Feb 2025 | Sign | Signed-off | ERECT NONILLUMINATED ACCESSORY BUSINESS WALL SIGN; COPY READING PRINTEMPS |
| 7 Feb 2025 | Sign | Signed-off | ERECT NON-ILLUMINATED ACCESSORY BUSINESS WALL SIGN; COPY READING PRINTEMPS |
| 21 Jan 2025 | Sprinklers | Signed-off | Modifications to existing sprinkler system for Printemps Brasserie. No change to use, egress or occupancy |
| 21 Jan 2025 | Mechanical Systems | Signed-off | Modifications to existing mechanical system and related ductwork for Printemps Brasserie. No change to use, egress or occupancy |
| 16 Jan 2025 | Plumbing | Signed-off | Plumbing modifications and related piping for Printemps Brasserie. No change to use, egress or occupancy |
| 16 Jan 2025 | Sign | Signed-off | ERECT ILLUMINATED ACCESSORY BUSINESS WINDOW SIGN; COPY READING PRINTEMPS |
| 14 Jan 2025 | General Construction | Signed-off | GENERAL CONSTRUCTION WORK FOR TENANT FIT-OUT (PRINTEMPS BRASSERIE |
| 13 Nov 2024 | Mechanical Systems | Signed-off | MECHANICAL WORK FOR TENANT FIT-OUT RETAIL 1, 2, 3, 4 (PRINTEMPS |
| 17 Sep 2024 | General Construction | Signed-off | INTERIOR FIT-OUT WORK FOR PORTION OF RETAIL 2 AND ASSOCIATED EXTERIOR WORK FOR RETAIL TENANT (PRINTEMPS |
| 13 Sep 2024 | Sprinklers | Signed-off | NEW SPRINKLER INSTALLATION FOR TENANT WORK IN RETAIL 1, 2, 3, AND 4 (PRINTEMPS |
| 13 Aug 2024 | Structural | Signed-off | Convenience stair installation as per plans filed herewith for Printemps. No change to use, egress or occupancy |
| 27 Jun 2024 | Structural | Signed-off | PARTIAL DEMOLITION MEANS & METHODS FOR TENANT FIT-OUT WORK AS PER PLANS FILED HEREWITH |
| 17 Jun 2024 | General Construction | Signed-off | GENERAL CONSTRUCTION FOR TENANT WORK IN RETAIL 1, 2, 3, AND 4 (PRINTEMPS |
| 7 Jun 2024 | Construction Fence | Signed-off | INSTALLATION OF A CONSTRUCTION FENCE AS PER PLANS IN CONJUNCTION WITH GENERAL CONSTRUCTION. NO CHANGE IN USE, EGRESS OR OCCUPANCY. FENCE INSTALLED IN ACCORDANCE WITH 2022 NYC BUILDING CODE, CHAPTER 33 |
| 8 May 2024 | Protection and Mechanical Methods | Signed-off | Temporary construction office for Retail Tenant Fit-out on SC1 (Sub-Cellar 1). No change in egress, use or occupancy |
| 23 Oct 2023 | Sprinklers | Signed-off | TEMPORARY SPRINKLER LOOP FOR CONSTRUCTION WORK IN RETAIL 1, 2, 3, AND 4 (PRINTEMPS |
| 20 Oct 2023 | Plumbing | Signed-off | PLUMBING ALTERATIONS FOR TENANT WORK IN RETAIL 1, 2, 3, AND 4 (PRINTEMPS |
| 6 Jun 2023 | Structural | Signed-off | STRUCTURAL REMOVALS AND PERMANENT REINFORCEMENT FOR TENANT FIT-OUT WORK. PARTIAL DEMOLITION UNDER SEPERATE APPLICATION |
| 24 May 2023 | General Construction | Signed-off | REMOVALS OF INTERIOR PARTITIONS, MILLWORK, DOORS, FINISHES, AND OTHER ARCHITECTURAL ITEMS. NO STRUCTURAL DEMOLITION PROPOSED |
| 3 May 2023 | Sidewalk Shed | Signed-off | INSTALLATION OF A HEAVY DUTY SIDEWALK SHED AS PER PLANS DURING GENERAL CONSTRUCTION WORK. NO CHANGE IN USE, EGRESS OR OCCUPANCY. SIDEWALK SHED TO COMPLY WITH CHAPTER 33 OF NYC BUILDING CODE |
| 12 Apr 2023 | Sprinklers | Permit Issued | FILING FOR SPRINKLER INSTALLATION FOR LIFETIME FITNESS FACILITY AT 1 WALL ST ON FLOORS BAS 21, CELLAR 161, SUB CEL1- 107, SUB CEL 2 - 148 AS PER SUBMITTED SPRINKLER DRAWINGS |
| 22 Mar 2023 | Curb Cut | Signed-off | FILING A NEW CURB CUT #2 ON NEW STREET IN CONJUNCTION WITH ALT 1 APPLICATION 114. 3 FROM CORNER OF EXCHANGE PLACE |
| 8 Aug 2022 | Sign | Signed-off | ILLUMINATED NON-ADVERTISING ACCESSORY WALL SIGN - LIFETIME. NO CHANGE OF USE, EGRESS OR OCCUPANCY |
| 8 Aug 2022 | Sign | Signed-off | ILLUMINATED NON-ADVERTISING ACCESSORY WALL SIGN - LIFETIME. NO CHANGE OF USE, EGRESS OR OCCUPANCY |
| 8 Aug 2022 | Sign | Signed-off | NON-ILLUMINATED NON-ADVERTISING ACCESSORY WALL SIGN - LIFESPA LIFE CAFE. NO CHANGE OF USE, EGRESS OR OCCUPANCY |
| 8 Aug 2022 | Sign | Signed-off | NON-ILLUMINATED NON-ADVERTISING DOUBLE-FACE ACCESSORY SIGN ON EXISTING BUILDING STRUCTURE - IN PROPERTY LINES - LIFETIME FITNESS. NO CHANGE OF USE, EGRESS OR OCCUPANCY |
| 8 Aug 2022 | Sign | Signed-off | NON-ILLUMINATED NON-ADVERTISING ACCESSORY SIGN ON EXISTING GROUND STRUCTURE - IN PROPERTY LINES - LIFETIME. NO CHANGE OF USE, EGRESS OR OCCUPANCY |
| 28 Jun 2022 | Sign | Signed-off | ERECT ILLUMINATED ACCESSORY CHANNEL LETTER CANOPY SIGN ON THE EXISTING STOREFRONT CANOPY, NO CHANGE TO USE, EGRESS OR OCCUPATION |
| 22 Jun 2022 | Protection and Mechanical Methods | Permit Issued | Installation of temporary material hoist as shown on plans |
| 14 Jun 2022 | Structural | Signed-off | Filing for structural and concrete modifications as per plans filed herewith |
| 19 May 2022 | General Construction | Signed-off | Installation of gas-fired fireplaces and associated ductwork and exhaust fans on 30th, 31st, 32nd, 33rd and 34th floors |
| 5 May 2022 | Sprinklers | Signed-off | MODIFICATION TO EXISTING FIRE SPRINKLER SYSTEM FOR WHOLE FOODS MARKET |
| 23 Mar 2022 | Sprinklers | Signed-off | Filing for Sprinkler Installation for lifetime Pre-sale |
| 23 Feb 2022 | Plumbing | Signed-off | Plumbing installation in conjunction with RETAIL 3 Life Time pre-sale office fit-out. No change in egress, use or occupancy |
| 11 Feb 2022 | General Construction | Signed-off | THIS APPLICATION IS FILED FOR A TEMPORARY USE PERMIT FOR A SALES OFFICE PURSUANT TO SECTION AC-28-111 AND BUILDINGS BULLETIN 2010-002 |
| 10 Feb 2022 | Mechanical Systems | Signed-off | Mechanical installation in conjunction with RETAIL 3 fit-out for Life Time pre-sale office. No change in egress, use or egress |
Showing the 50 most recent of 150. The full set is available in the interactive report.
About this page
Compiled from New York City public records — data retrieved 5 days ago. Coverage on this parcel: 14 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.