Manhattan  »  10004  »  Water St  »  40 Water St

40 Water Street, New York, NY 10004 - Property report

Also known as: 4-6 Coenties Slip

Property image for 40 Water Street, New York, NY 10004
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Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1920

Lot sq. ft.

1,462

Sale price

$2,248,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
40 Water Street
Alternate address(es)
4-6 Coenties Slip
ZIP code
10004
Neighborhood
Financial District
Borough
Manhattan
Block & lot
00030-0034

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
7,050
Building dimensions
25 ft x 57 ft
Buildings on lot
1
Stories
5
Year built
1920
Last altered
1980
Building material
Sales
Sale date
07/23/2010
Sale price
$2,248,000
Tax
Tax year
2026-2027
Property tax
$129,138
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25.67 ft x 57.5 ft
Lot sq. ft.
1,462

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
1.09 Miles
Closest fire station
0.10 Miles

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

Ownership

Ownership information for 40 Water Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 40 Water Street, New York, NY 10004

Sale date Sale price Buyer name Seller name
07/23/2010 $2,248,000 XX XXXXX XXXXXX, XXX X XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/24/2024 - R Initial UCC1
(2024122301077001)		 XX XXXXX XXXXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
11/21/2024 - R UCC3 Termination
(2024112000766006)		 XX XXXXX XXXXXX XXX XXX XXX XXXX XXXXXXX XXX
11/21/2024 - R
11/20/2024 - D		 Termination of Assign of L&R
(2024112000766005)		 XXX XXX XXXX XXXXXXX XXX XX XXXXX XXXXXX XXX
11/21/2024 - R
11/20/2024 - D		 Assignment of Leases and Rents
(2024112000766004)		 XX XXXXX XXXXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
11/21/2024 - R
11/20/2024 - D		 Agreement
(2024112000766003)		 XX XXXXX XXXXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
11/21/2024 - R
11/20/2024 - D		 Mortgage
(2024112000766002)		 XX XXXXX XXXXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
11/21/2024 - R
11/20/2024 - D		 Assignment, Mortgage
(2024112000766001)		 XXX XXX XXXX XXXXXXX XXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/27/2024 - R UCC3 Assignment
(2024062600683006)		 XX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
06/27/2024 - R UCC3 Assignment
(2024062600683003)		 XX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
06/27/2024 - R
12/14/2023 - D		 Asgn of Asgn of L&R
(2024062600683005)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 Water Street, 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
$129,138
Municipal exemptions
Recent tax assessments
Market value
$2,685,000
Assessed value
$1,208,250

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 $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%
2020/21 $3,797,000 $1,708,650 $1,512,020 10.694% $161,695 $161,695 +6.95%
2019/20 $3,969,000 $1,786,050 $1,434,870 10.537% $151,192 $151,192 +10.59%
2018/19 $3,472,000 $1,562,400 $1,300,320 10.514% $136,716 $136,716 +5.62%
2017/18 $3,047,000 $1,371,150 $1,231,110 10.514% $129,439 $129,439 +3.06%
2016/17 $2,962,000 $1,332,900 $1,187,820 10.574% $125,600 $125,600 +5.07%
Permits

Permit information for 40 Water Street, New York, NY

Filing date Job type Job status Job description Initial cost
10/03/2025 Alteration
10/01/2025 Alteration
08/18/2025 Alteration
08/14/2025 Alteration
08/14/2025 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
03/02/2022 Aeuhaz1-fail to certify class 1
11/24/2021 Aeuhaz1-fail to certify class 1
10/13/2021 Aeuhaz1-fail to certify class 1

*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
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
-
Station lines
R-1
Distance (miles)
0.151
View subway map

Access the detailed traffic volume map for 40 Water Street, New York, NY 10004 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 40 Water Street, New York, NY

126 Pearl St, New York 129 Front St, New York 55 Water St, New York 77 Water St, New York 82 Wall St, New York 44 Water St, New York 42 Water St, New York 74 Pearl St, New York 160 Pearl St, New York 76 Pearl St, New York 56 Beaver St, New York 14 S William St, New York 126 Water St, New York 78 Pearl St, New York 90 Water St, New York 100 Old Slip, New York 46 Water St, New York 1 Hanover Sq, New York 44 Beaver St, New York

Nearby ZIP codes for 40 Water Street, New York, NY

07302, Hudson County, NJ 07310, Hudson County, NJ 07311, Hudson County, NJ 10002, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, 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 11232, New York City, NY

Frequently asked questions

What is the year built for 40 Water Street, New York, NY 10004?

The development at 40 Water Street, New York, NY 10004 was built in 1920.

What is the market value of 40 Water Street, New York, NY 10004?

The current market value of 40 Water Street, New York, NY 10004 is $2,685,000.

What is the total square footage of 40 Water Street, New York, NY 10004?

40 Water Street, New York, NY 10004 has a total of 7,050 square feet.

What is the price per square foot for this property?

$318 per square foot is the price for 40 Water Street, New York, NY 10004.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

How many active listings does 40 Water Street, New York, NY 10004 have?

This address has 1 active listing(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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