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40 Crosby Street, New York, NY 10013 Property Information

Also known as: 480 Broadway, New York, NY 10013

40 Crosby Street, New York, NY 10013 Property Information

Also known as: 480 Broadway, New York, NY 10013

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 Crosby Street, New York, NY 10013 6
static Mapbox map

Address

Primary address 40 Crosby Street
Secondary address 478 Broadway
Neighborhood SoHo
Zip code 10013
Borough Manhattan
Block & lot 00473-0010

Sales & Tax Overview for 40 Crosby 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 01/13/2022
Purchase price $17,100,000
Tax class
Estimated property tax $1,968,567

Lot & Building Information for 40 Crosby Street, New York

Lot sq. ft. 9,932
Lot dimensions 72.67 ft x 199.58 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 55,015
Building dimensions 73 ft x 200 ft
Buildings on lot 1
Stories 5
Year built 1900
Year last altered 2014
Construction type
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Zoning & Use for 40 Crosby Street, New York

Zoning
Residential units (DOF) 1
Commercial units 1
Residential sqft
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 2
Closest police station 0.34 Miles
Closest fire station 0.18 Miles

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

Other Property Data for 40 Crosby Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 40 Crosby 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 40 Crosby 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.

  • 478 Broadway, New York, NY 10013
  • 480 Broadway, New York, NY 10013
  • 482 Broadway, New York, NY 10013
  • 482 Rear Broadway, New York, NY 10013

About 40 Crosby Street, New York

How many sq. ft. does 40 Crosby Street, New York, NY 10013 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 40 Crosby Street, New York, NY 10013 has a total of 55,015 square feet and a current price per square foot of $310.

What is the year built & the current market value of 40 Crosby Street, New York, NY 10013?

40 Crosby Street, New York, NY 10013 was built in 1900 and has a current tax assessor's market value of $39,453,000.

How many commercial spaces does this building have?

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

Ownership Information for 40 Crosby Street, New York

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Property owner name for 40 Crosby Street, New York, NY 10013
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Building contacts for 40 Crosby Street, New York, NY 10013
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 40 Crosby Street, New York

The Crosby
Listing type For Lease
Listing date 06/22/2023
Last updated 03/27/2026
Lot size 0.23 Acre
View Listing

Brokers

David E. Malawer
Spaces
Suite name Space type Lease rate Available space Brokers
40 Crosby Street 2nd Floor General Office Listing price not available 11,592 David E. Malawer
Active Listings For This Property:
For Lease The Crosby
The Crosby
40 Crosby Street, New York
Property General Office
Availability 1 Spaces listed / 11592 Sqft
Price Listing price not available
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 Crosby Street, New York

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

Purchase date Purchase price Buyer name Seller name
01/13/2022 $17,100,000
09/25/2007 $25,356,119
11/01/2004 $12,700,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 40 Crosby 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
06/26/2023 - R Initial UCC1
(2023062600557007)
06/26/2023 - R Initial UCC1
(2023062600557003)
06/26/2023 - R UCC3 Termination
(2023062300911001)
06/15/2023 - D
06/26/2023 - R
Sundry Agreement
(2023062600557008)
06/15/2023 - D
06/26/2023 - R
Agreement
(2023062600557006)
06/15/2023 - D
06/26/2023 - R
Mortgage
(2023062600557005)
06/15/2023 - D
06/26/2023 - R
Assignment, Mortgage
(2023062600557004)
06/15/2023 - D
06/26/2023 - R
Mortgage
(2023062600557002)
06/12/2023 - D
06/26/2023 - R
Termination of Agreement
(2023062600557001)
03/02/2022 - D
04/11/2022 - R
Assignment, Mortgage
(2022040500787001)
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R: Recorded date
D: Document date

Property Taxes for 40 Crosby Street, New York

Access detailed property tax data for 40 Crosby Street, New York, NY 10013. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,896,417
Estimated property tax: $1,968,567
Tax assessor's market value: $39,453,000
Assessed value: $17,753,850

Assessment History for 40 Crosby Street, New York

Here's the assessment & property tax history for 40 Crosby 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 $39,453,000 $17,753,850 $17,481,720 10.848% $1,896,417 $1,896,417 -7.58%
2024/25 $43,645,000 $19,640,250 $19,066,090 10.762% $2,051,893 $2,051,893 -0.56%
2023/24 $43,291,000 $19,480,950 $19,480,950 10.592% $2,063,422 $2,063,422 +4.37%
2022/23 $41,267,000 $18,570,150 $18,570,150 10.646% $1,976,978 $1,976,978 +17.63%
2021/22 $36,188,000 $16,284,600 $15,626,521 10.755% $1,751,409 $1,680,632 -25.20%

Permits for 40 Crosby Street, New York

The complete history of permits filed for 40 Crosby 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
03/09/2026 Alteration
01/29/2026 Alteration
08/06/2025 Alteration
02/17/2025 Alteration
10/03/2024 Alteration
10/03/2024 Alteration
09/18/2024 Alteration
08/27/2024 Alteration
08/20/2024 Alteration
07/31/2024 No work
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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): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station Lafayette St & Spring St at SW Corner
Station lines 6
Distance (miles) 0.142
View subway map
Bus Routes
Name Broadway/Broome St
Line X28
Distance (miles) 0.029

Neighbors for 40 Crosby Street, New York

Here are the neighbors for 40 Crosby Street, New York, NY 10013.

Address Square feet Purchase date Purchase price
33 Crosby St, New York 11,858 05/04/2012 $9,520,000
177 Lafayette St, New York 35,287 12/24/2012
255 Centre St, New York 25,515 08/26/2016 $790,000
484 Broadway, New York 30,031 12/15/2022 $23,520,000
423 Broome St, New York 19,250 08/08/1973
474 Broadway, New York 7,989 07/24/1978
470 Broadway, New York 6,664 07/07/2023 $8,077,750
462 Broadway, New York 141,050 12/11/2008
240 Centre St, New York 138,120
435 Broome St, New York 12,742 12/03/2008 $1,200,000
239 Centre St, New York 7,575
253 Centre St, New York 3,924 03/10/2004 $1,900,000
31 Crosby St, New York 12,283 03/29/2022
37 Crosby St, New York 8,621 12/04/2014 $17,900,000
431 Broome St, New York 8,803 08/18/2023 $14,050,000
158 Grand St, New York 12,800 04/06/2015
237 Centre St, New York 3,888
433 Broome St, New York 9,216 11/07/1979
429 Broome St, New York 13,000 06/23/1992
35 Crosby St, New York 9,100 05/03/2019 $8,950,000
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