New York City  »  10005  »  Exchange Pl  »  40 Exchange Pl

Lord's Court Building - 40 Exchange Place, New York, NY 10005 - Property report

Also known as: 36-42 Exchange Pl

Property image for Lord's Court Building - 40 Exchange Place, New York, NY 10005
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1902

Lot sq. ft.

14,970

Sale price

$115,000,000

General information

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Address
Building name
Lord's Court Building
Primary address
Lord's Court Building - 40 Exchange Place
Alternate address(es)
25-29 William St
36-42 Exchange Pl
40-42 Exchange Pl
ZIP code
10005
Neighborhood
Financial District
Borough
Manhattan
Block & lot
00025-0027

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
239,071
Building dimensions
107 ft x 71 ft
Buildings on lot
1
Stories
20
Year built
1902
Last altered
1985
Building material
Sales
Sale date
11/12/2015
Sale price
$115,000,000
Tax
Tax year
2026-2027
Property tax
$1,762,909
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
107 ft x 70.5 ft
Lot sq. ft.
14,970

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
2
Community district
1
Closest police station
0.96 Miles
Closest fire station
0.15 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for Lord's Court Building - 40 Exchange Place, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Lord's Court Building - 40 Exchange Place, New York, NY 10005

Sale date Sale price Buyer name Seller name
11/12/2015 $115,000,000 XX X XXXXX XXX XX XXXXXXXX XXXXX XXXX.
01/06/2006 $15,792,259 XXX XXXXXXXXXXX XXX XXX, XXX, XX XXXXXX XX XXX XXXXXX XXXXXXXXXXXX XXX XXXXXXXXXXXX XX XXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/10/2026 - R Initial UCC1
(2026020400527006)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX
02/10/2026 - R Initial UCC1
(2026020400527005)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX
02/10/2026 - R Initial UCC1
(2026020400527004)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX
02/05/2026 - R UCC3 Termination
(2026020301054002)		 XX X XXXXX XXX XX XXX XXXXXX XXX
03/19/2026 - R
01/30/2026 - D		 Agreement
(2026021200557001)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX XXX
02/10/2026 - R
01/30/2026 - D		 Memorandum of Lease
(2026020400527007)		 XX X XXXXX XXX XX X XXXXXX XXXXXX XXX
02/10/2026 - R
01/30/2026 - D		 Assignment of Leases and Rents
(2026020400527003)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX
02/10/2026 - R
01/30/2026 - D		 Mortgage
(2026020400527002)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX
02/10/2026 - R
01/30/2026 - D		 Mortgage
(2026020400527001)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX
02/05/2026 - R
01/30/2026 - D		 Agreement
(2026020301054005)		 XX X XXXXX XXX XX XXX X XXXX XXXXXXXX (XXXXXXXXX) XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Lord's Court Building - 40 Exchange Place, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,762,909
Municipal exemptions
Recent tax assessments
Market value
$49,926,000
Assessed value
$22,466,700

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $47,237,000 $21,256,650 $21,047,309 10.848% $2,283,212 $1,633,303 -24.36%
2024/25 $54,222,000 $24,399,900 $20,377,934 10.762% $2,193,073 $2,159,427 +8.78%
2023/24 $50,582,000 $22,761,900 $19,079,909 10.592% $2,020,944 $1,985,123 +4.41%
2022/23 $45,167,000 $20,325,150 $17,859,174 10.646% $1,901,288 $1,901,288 +7.19%
2021/22 $36,651,000 $16,492,950 $16,492,950 10.755% $1,773,817 $1,773,817 -0.93%
2020/21 $39,756,000 $17,890,200 $16,743,502 10.694% $1,790,550 $1,790,550 +9.40%
2019/20 $38,453,000 $17,303,850 $15,532,401 10.537% $1,636,649 $1,636,649 +32.52%
2018/19 $31,925,000 $14,366,250 $11,746,450 10.514% $1,235,022 $1,235,022 +8.02%
2017/18 $30,092,000 $13,541,400 $10,874,790 10.514% $1,143,375 $1,143,375 +12.71%
2016/17 $26,159,000 $11,771,550 $9,593,550 10.574% $1,014,422 $1,014,422 +11.45%
Permits

Permit information for Lord's Court Building - 40 Exchange Place, New York, NY

Filing date Job type Job status Job description Initial cost
07/31/2026 Alteration CO
07/01/2026 Alteration CO
06/30/2026 Alteration
06/25/2026 Alteration
06/24/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/01/2021 Egrade-failure to post energy grade/score
02/08/2021 E-elevator elevatorrequired
02/08/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Broad St & Exchange Pl at SE Corner
Station lines
J-Z
Distance (miles)
0.053
View subway map

Access the detailed traffic volume map for Lord's Court Building - 40 Exchange Place, New York, NY 10005 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for Lord's Court Building - 40 Exchange Place, New York, NY

45 Wall St, New York 60 Broad St, New York 67 Wall St, New York 11 Hanover Sq, New York 79 Pearl St, New York 52 Broadway, New York 3 Hanover Sq, New York 45 Broad St, New York 30 Broad St, New York 50 Broad St, New York 63 Wall St, New York 20 Broad St, New York 80 Beaver St, New York 77 Pearl St, New York 41 Broad St, New York 44 New St, New York 11 Wall St, New York 37 Wall St, New York 55 Broad St, New York

Nearby ZIP codes for Lord's Court Building - 40 Exchange Place, New York, NY

07310, Hudson County, NJ 07311, Hudson County, NJ 10002, New York City, NY 10003, New York City, NY 10004, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10013, New York City, NY 10014, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11217, New York City, NY 11231, New York City, NY

Frequently asked questions

What is the year built for Lord's Court Building - 40 Exchange Place, New York, NY 10005?

The development at Lord's Court Building - 40 Exchange Place, New York, NY 10005 was built in 1902.

What is the market value of Lord's Court Building - 40 Exchange Place, New York, NY 10005?

The current market value of Lord's Court Building - 40 Exchange Place, New York, NY 10005 is $49,926,000.

What is the total square footage of Lord's Court Building - 40 Exchange Place, New York, NY 10005?

Lord's Court Building - 40 Exchange Place, New York, NY 10005 has a total of 239,071 square feet.

What is the price per square foot for this property?

$481 per square foot is the price for Lord's Court Building - 40 Exchange Place, New York, NY 10005.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 86.

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