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388 Greenwich Street - 388 Greenwich Street, New York, NY 10013 Property Information

388 Greenwich Street - 388 Greenwich Street, New York, NY 10013 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 Greenwich Street - 388 Greenwich Street, New York, NY 10013 2
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Address

Building name 388 Greenwich Street
Primary address 388 Greenwich Street - 388 Greenwich Street
Secondary address 388-390 Greenwich St
Neighborhood TriBeCa
Zip code 10013
Borough Manhattan
Block & lot 00216-0001

Sales & Tax Overview for 388 Greenwich Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/10/2016
Purchase price $1,767,913,114
Tax class

Lot & Building Information for 388 Greenwich Street, New York

Lot sq. ft. 172,327
Lot dimensions 409.2 ft x 426.43 ft
Property type Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 2,354,289
Building dimensions 178 ft x 270 ft
Buildings on lot 2
Stories 39
Year built 1989
Year last altered 2015
Construction type
Status
Status date
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Zoning & Use for 388 Greenwich Street, New York

Zoning
Commercial units 2
Office sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 1
Closest police station 0.16 Miles
Closest fire station 0.20 Miles

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

Building Description

Built in 1988 Shearson-Lehman Plaza is a 496-foot, 38-story located in TriBeCa. Originally known as Shearson-Lehman Plaza, it has since had its name changed to the Travelers Building. In addition to traditional office space it contains an outdoor park, daycare center, dining facilities, a medical center, and a conference center.

During the tragic events of September 11, 2001, it was used as a triage center for victims of the World Trade Center attacks; the building is located 10 blocks north of the original WTC site. It also boasts double-deck lift elevators, one of only a few buildings in New York City with this feature. The property overlooks the Hudson River and the Hudson River Greenway to the west, with Piers 25 and 26 prominently located. The TriBeCa Performing Arts Center and the Borough of Manhattan Community College are located due south. With the riverfront property in high demand, plenty of restaurants populate the area.

Other Property Data for 388 Greenwich Street, New York

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Floor area ratio (FAR) for 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013, 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 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 388-390 Greenwich St, New York, NY 10013
  • 390-392 Greenwich St, New York, NY 10013
  • 35-49 Hubert St, New York, NY 10013
  • 107 N Moore St, New York, NY 10013
  • 380-396 Washington St, New York, NY 10013
  • 226-230 West St, New York, NY 10013

About 388 Greenwich Street, New York

How many sq. ft. does 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013 have & what is the price per sq. ft?

This Office Only with or without Commercial - 20 Stories or More (O4) located at 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013 has a total of 2,354,289 square feet and a current price per square foot of $750.

What is the year built & the current market value of 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013?

388 Greenwich Street - 388 Greenwich Street, New York, NY 10013 was built in 1989 and has a current tax assessor's market value of $1,143,532,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 388 Greenwich Street, New York

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Property owner name for 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013
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Building contacts for 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 388 Greenwich Street, New York

Create a free account to view the complete sales history for 388 Greenwich Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/10/2016 $1,767,913,114
12/18/2007 $1,575,000,000
12/18/2007 $604,546,041
       
       
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*Here are the three most recent sales for this property.

Title Documents for 388 Greenwich Street, 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
03/28/2017 - R
03/23/2017 - D
Zoning Lot Description
(2017032700434002)
03/28/2017 - R
03/01/2017 - D
Certificate
(2017032700434001)
06/13/2016 - R UCC3 Termination
(2016041200856003)
06/13/2016 - R
06/10/2016 - D
Termination of Lease or Memo
(2016041200856006)
06/13/2016 - R
06/10/2016 - D
Termination of Lease or Memo
(2016041200856005)
06/13/2016 - R
06/10/2016 - D
Deed
(2016041200856004)
06/13/2016 - R
06/10/2016 - D
Termination of Assign of L&R
(2016041200856002)
06/13/2016 - R
06/10/2016 - D
Satisfaction of Mortgage
(2016041200856001)
06/13/2016 - R
03/31/2016 - D
Sundry Miscellaneous
(2016041200856007)
07/02/2014 - R UCC3 Assignment
(2014070101458001)
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R: Recorded date
D: Document date

Property Taxes for 388 Greenwich Street, New York

Access detailed property tax data for 388 Greenwich Street - 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $47,001,926
Tax assessor's market value: $1,143,532,000
Assessed value: $514,589,400

Assessment History for 388 Greenwich Street, New York

Here's the assessment & property tax history for 388 Greenwich Street, 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 $1,155,555,600 $520,000,000 $502,574,330 10.848% $54,519,263 $45,698,532 +2.01%
2024/25 $1,166,666,700 $525,000,000 $498,226,470 10.762% $53,619,133 $44,798,401 +3.28%
2023/24 $1,142,141,000 $513,963,450 $492,782,220 10.592% $52,195,493 $43,374,761 -16.77%
2022/23 $1,120,309,000 $504,139,050 $489,545,276 10.646% $52,116,990 $52,116,990 +64.81%
2021/22 $653,407,000 $294,033,150 $294,033,150 10.755% $31,623,265 $31,623,265 -5.65%

Permits for 388 Greenwich Street, New York

The complete history of permits filed for 388 Greenwich Street, 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.

Filing date Job type Job status Job description Initial cost
04/02/2026 Alteration
02/26/2026 Alteration
02/19/2026 Alteration
12/01/2025 Alteration
11/18/2025 Alteration
08/21/2025 Alteration
08/18/2025 Alteration
08/14/2025 Alteration
08/12/2025 Alteration
02/26/2025 Alteration
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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
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

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

Risk

FEMA flood zone(s): 0.2,AE,X (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Varick St & North Moore St at NW Corner (Exit Only)
Station lines 1
Distance (miles) 0.224
View subway map

Neighbors for 388 Greenwich Street, New York

Here are the neighbors for 388 Greenwich Street - 388 Greenwich Street - 388 Greenwich Street, New York, NY 10013.

Address Square feet Purchase date Purchase price
28 Hubert St, New York 21,800 08/07/2015 $2,796,000
399 Washington St, New York 9,375 05/19/1980
54 Laight St, New York 29,500 07/24/1995
17 Hubert St, New York 3,125 06/07/2022 $4,150,000
76 Laight St, New York 28,016 06/27/1973
428 Greenwich St, New York 4,531 11/26/2024
64 Laight St, New York 103,279
135 Hudson St, New York 22,363 03/19/1974
49 Beach St, New York 7,200 12/08/2003 $3,032,844
434 Greenwich St, New York 27,743 11/12/2013 $1,532,497
10 Hubert St, New York 11,574 11/17/2011 $8,300,000
79 Laight St, New York 100,984
153 Hudson St, New York 29,453
57 Laight St, New York 12,300 01/13/1987
11 Hubert St, New York 10,218 08/19/2025 $17,400,000
70 Laight St, New York 12,500 08/10/2017 $17,750,000
19 Hubert St, New York 6,330 01/13/2003
405 Greenwich St, New York 15,000
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