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40 Broad Street #Comm5, New York, NY 10004 Property Information

40 Broad Street #Comm5, New York, NY 10004 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 Broad Street #Comm5, New York, NY 10004 2
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Address

Building name The Setai
Primary address 40 Broad Street #Comm5
Neighborhood Financial District
Zip code 10004
Borough Manhattan
Block & lot 00024-1169

Sales & Tax Overview for 40 Broad Street #Comm5, New York

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Purchase date 11/12/2014
Purchase price $8,500,000
Tax class

Lot & Building Information for 40 Broad Street #Comm5, New York

Lot sqft 16,100
Building class Office Space (RB)
Building sqft 12,788
Buildings on lot 1
Stories 30
Year built 1982
Year last altered 2006
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Zoning & Use for 40 Broad Street #Comm5, New York

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 1

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Unit Overview

Unit # COMM5
Square feet 12,788
Condo complex 101912

Other Property Data for 40 Broad Street #Comm5, New York

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Floor area ratio (FAR) for 40 Broad Street #Comm5, New York, NY 10004, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 40 Broad Street #Comm5, New York, NY 10004, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 40 Broad Street #Comm5, New York

How many sq. ft. does 40 Broad Street #Comm5, New York, NY 10004 have & what is the price per sq. ft?

This Office Space (RB) located at 40 Broad Street #Comm5, New York, NY 10004 has a total of 12,788 square feet and a current price per square foot of $664.

What is the year built & the current market value of 40 Broad Street #Comm5, New York, NY 10004?

40 Broad Street #Comm5, New York, NY 10004 was built in 1982 and has a current tax assessor's market value of $2,359,584.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 2 active listings at this address.

Ownership Information for 40 Broad Street #Comm5, New York

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Property owner name for 40 Broad Street #Comm5, New York, NY 10004
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Building contacts for 40 Broad Street #Comm5, New York, NY 10004
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 40 Broad Street #Comm5, New York

No photo available
40 Broad Street
Listing type For Lease
Listing date 02/10/2021
Last updated 01/23/2025
Lot size 0.28 Acre

Oversized Picture Windows

Conference room

More information upon request

Mostly Open Space

Mostly Open Space

Can be made available for sale

Sale Price-Upon Request

View Listing

Brokers

Jonata Dayan
Brett Weiss
Spaces
Suite name Space type Lease rate Available space Brokers
#605 Office $32/Sqft/Year 3,340 Brett Weiss
Jonata Dayan
#603 Office $32/Sqft/Year 2,400 Brett Weiss
Jonata Dayan
Active Listings For This Property:
For Lease No photo available
40 Broad Street
40 Broad Street #Comm5, New York
Property Office
Availability 2 Spaces listed / 5740 Sqft
Price $32/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 40 Broad Street #Comm5, New York

Create a free account to view the complete sales history for 40 Broad Street #Comm5, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/12/2014 $8,500,000
05/23/2013 $6,225,100
       
       
       
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Title Documents for 40 Broad Street #Comm5, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
11/12/2014 - D
11/21/2014 - R
Power of Attorney
(2014111301067002)
11/12/2014 - D
11/21/2014 - R
Deed
(2014111301067001)
05/23/2013 - D
06/12/2013 - R
Power of Attorney
(2013052500003002)
05/23/2013 - D
06/12/2013 - R
Deed
(2013052500003001)
01/28/2013 - D
02/08/2013 - R
Amended Condo Declaration
(2013020401717001)
01/17/2013 - D
02/08/2013 - R
Maps
(2013020401717002)
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R: Recorded date
D: Document date

Property Taxes for 40 Broad Street #Comm5, New York

Access detailed property tax data for The Setai - 40 Broad Street #Comm5, New York, NY 10004. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $2,359,584
Assessed value: $1,061,813
Exemptions granted by city:

Assessment History for 40 Broad Street #Comm5, New York

Here's the assessment & property tax history for 40 Broad Street #Comm5, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,359,584 $1,061,813 $0 10.848% $111,538 $0 n/a
2024/25 $2,307,909 $1,038,559 $0 10.762% $111,770 $0 n/a
2023/24 $2,446,900 $1,101,105 $0 10.592% $116,326 $0 n/a
2022/23 $2,267,618 $1,020,428 $0 10.646% $108,635 $0 n/a
2021/22 $2,042,354 $919,059 $0 10.755% $98,845 $0 n/a

Permits for 40 Broad Street #Comm5, New York

The complete history of permits filed for 40 Broad Street #Comm5, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Transportation

Distance to Subway
Closest station Broad St & Exchange Pl at SW Corner (Exit Only)
Station lines J-Z
Distance (miles) 0.015
View subway map
Bus Routes
Name Broadway/Exchange Alley
Line X10
Distance (miles) 0.064

Neighbors for 40 Broad Street #Comm5, New York

Data not available for this property.
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