| Primary address | 40 Water Street |
| Secondary address | 4-6 Coenties Slip |
| Neighborhood | Financial District |
| Zip code | 10004 |
| Borough | Manhattan |
| Block & lot | 00030-0034 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 07/23/2010 |
| Purchase price | $2,248,000 |
| Tax class | Register |
| Lot sq. ft. | 1,462 |
| Lot dimensions | |
| Property type | Office with Commercial - 1 to 6 Stories (O5)
|
| Building sqft | 7,050 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 5 |
| Year built | 1920 |
| Year last altered | 1980 |
| Construction type | Register |
| School district | 2 |
| Community district | 1 |
| Closest police station | 1.09 Miles |
| Closest fire station | 0.10 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Office with Commercial - 1 to 6 Stories (O5) located at 40 Water Street, New York, NY 10004 has a total of 7,050 square feet and a current price per square foot of $318.
What is the year built & the current market value of 40 Water Street, New York, NY 10004?40 Water Street, New York, NY 10004 was built in 1920 and has a current tax assessor's market value of $2,685,000.
How many commercial spaces does this building have?This building has 5 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 07/28/2025 |
| Last updated | 05/26/2026 |
| Lot size | 0.034 Acre |
40 Water St, New York, NY 10004 — in the heart of the Financial District of Lower Manhattan. This street lies just north of Battery Park, east of Broadway, and south of Wall St — placing it among a dense cluster of historic streets, skyscrapers, and waterfront locales. The building itself is a historic five-story stone structure. Built in 1920 with both office and some residential uses.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 4th Floor | Office | Listing price not available | 1,000 | David Shami Albert Alkhabbaz |
Create a free account to view the complete sales history for 40 Water Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Sale date | Sale price | Buyer name | Seller name |
|---|---|---|---|
| 07/23/2010 | $2,248,000 | Register | Register |
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.
R: Recorded date
D: Document date
Access detailed property tax data for 40 Water Street, New York, NY 10004. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $129,138 |
| Tax assessor's market value: | $2,685,000 |
| Assessed value: | $1,208,250 |
Here's the assessment & property tax history for 40 Water 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 | $2,656,000 | $1,195,200 | $1,195,200 | 10.848% | $129,655 | $129,655 | +7.09% |
| 2024/25 | $2,500,000 | $1,125,000 | $1,125,000 | 10.762% | $121,073 | $121,073 | +14.27% |
| 2023/24 | $2,223,000 | $1,000,350 | $1,000,350 | 10.592% | $105,957 | $105,957 | -30.08% |
| 2022/23 | $3,163,000 | $1,423,350 | $1,423,350 | 10.646% | $151,530 | $151,530 | +9.40% |
| 2021/22 | $2,862,000 | $1,287,900 | $1,287,900 | 10.755% | $138,514 | $138,514 | -14.34% |
The complete history of permits filed for 40 Water 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.
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.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | AE (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
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Distance to Subway
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| Station lines | R-1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.151 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for 40 Water Street, New York, NY 10004.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 126 Pearl St, New York | 6,800 | 12/18/2020 | $5,700,000 |
| 129 Front St, New York | 34,613 | 06/27/2007 | $31,500,000 |
| 55 Water St, New York | 63,079 | ||
| 77 Water St, New York | 541,568 | 12/04/2024 | $11,100,000 |
| 82 Wall St, New York | 122,157 | 11/09/2018 | |
| 44 Water St, New York | 6,336 | 08/22/2005 | |
| 42 Water St, New York | 5,484 | 05/15/2005 | |
| 74 Pearl St, New York | 8,115 | 01/26/2015 | $10,000,000 |
| 160 Pearl St, New York | 22,614 | 01/21/1994 | |
| 76 Pearl St, New York | 8,665 | 02/04/1999 | |
| 6 S William St, New York | 65,396 | ||
| 14 S William St, New York | 87,775 | 12/04/2015 | |
| 126 Water St, New York | 42,568 | 04/29/2016 | $42,845,395 |
| 78 Pearl St, New York | 11/23/2021 | ||
| 90 Water St, New York | 6,487 | 12/21/2009 | $1,350,000 |
| 100 Old Slip, New York | 19,568 | 05/24/1985 | |
| 46 Water St, New York | 85,472 | 11/23/2021 | |
| 1 Hanover Sq, New York | 35,560 | ||
| 44 Beaver St, New York | 97,596 | 05/25/1978 |
