New York City  »  10012  »  Broadway  »  490 Broadway

490 Broadway, New York, NY 10012 - Property report

Also known as: 488-492 Broadway

Property image for 490 Broadway, New York, NY 10012
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Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1857

Lot sq. ft.

5,852

Sale price

$140,000,000

General information

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Address
Primary address
490 Broadway
Alternate address(es)
440 Broome St
488-492 Broadway
ZIP code
10012
Neighborhood
SoHo
Borough
Manhattan
Block & lot
00483-0001

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
28,829
Building dimensions
60 ft x 100 ft
Buildings on lot
1
Stories
5
Year built
1857
Building material
Sales
Sale date
01/08/2016
Sale price
$140,000,000
Tax
Tax year
2026-2027
Property tax
$975,581
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
63.08 ft x 100.33 ft
Lot sq. ft.
5,852

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
2
Community district
2
Closest police station
0.38 Miles
Closest fire station
0.15 Miles

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

Building Description

The E.V. Haughwout Building is a five-story commercial building located in SoHo that dates back to the 1850s. Cast iron dominates the design initiated by John P. Gaynor in 1857. Daniel D. Badger's Architectural Iron Works equipped it with such. The building was first the home of Eder V. Haughwout's high-end store which sold among other things, imported cut glass and its own hand-painted china. Perhaps its most famous client was Mary Todd Lincoln, who bought her White House china there.

The building is also well known for housing the first-ever successful passenger elevator. The elevator was built and installed by Elijah Armstrong Otis, who was the founder of Otis Elevators. The Haughwout Building is surrounded by history and famous New York traditional haunts - Columbus Park lies to the south and Washington Square Park is due north. Giant department stores abound for after-work shopping trips, as do examples of every other modern convenience from coffee houses to yoga studios to banks.

Ownership information for 490 Broadway, New York, NY

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

Sales history for 490 Broadway, New York, NY 10012

Sale date Sale price Buyer name Seller name
01/08/2016 $140,000,000 XXXXX XXXXX XXX XXXX, XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/13/2016 - R UCC3 Termination
(2016011300420002)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
01/13/2016 - R UCC3 Termination
(2016011300420001)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
01/25/2016 - R
01/08/2016 - D
Termination of Assign of L&R
(2016011300243003)
XXX XXXX XXXXXXXXX XXXX
01/25/2016 - R
01/08/2016 - D
Satisfaction of Mortgage
(2016011300243002)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
01/25/2016 - R
01/08/2016 - D
Satisfaction of Mortgage
(2016011300243001)
XXXXXXXX XXXXXXXXXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
01/15/2016 - R
01/08/2016 - D
Deed
(2016011100236001)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXX XXX XXXX XXX
02/03/2015 - R Initial UCC1
(2015012800696002)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
02/03/2015 - R
01/21/2015 - D
Mortgage
(2015012800696001)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
12/12/2013 - R Initial UCC1
(2013121000016004)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
12/11/2013 - R UCC3 Termination
(2013121000017001)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 490 Broadway, 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
$975,581
Municipal exemptions
Recent tax assessments
Market value
$22,607,000
Assessed value
$10,173,150

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 $21,574,000 $9,708,300 $8,584,560 10.848% $931,253 $931,253 +4.65%
2024/25 $19,610,000 $8,824,500 $8,268,900 10.762% $889,899 $889,899 -6.68%
2023/24 $24,392,000 $10,976,400 $9,003,280 10.592% $953,627 $953,627 -8.36%
2022/23 $22,991,000 $10,345,950 $9,774,910 10.646% $1,040,637 $1,040,637 +0.84%
2021/22 $21,323,000 $9,595,350 $9,595,350 10.755% $1,031,980 $1,031,980 -17.93%
2020/21 $28,789,000 $12,955,050 $11,758,230 10.694% $1,257,425 $1,257,425 +6.85%
2019/20 $27,824,000 $12,520,800 $11,168,460 10.537% $1,176,821 $1,176,821 +7.72%
2018/19 $24,785,000 $11,153,250 $10,390,770 10.514% $1,092,486 $1,092,486 +5.41%
2017/18 $24,705,000 $11,117,250 $9,857,880 10.514% $1,036,458 $1,036,458 +9.10%
2016/17 $24,544,000 $11,044,800 $8,984,610 10.574% $950,033 $950,033 +16.87%

Permit information for 490 Broadway, New York, NY

Filing date Job type Job status Job description Initial cost
05/20/2024 Alteration
11/04/2022 Alteration
10/19/2022 Alteration
10/06/2022 Alteration
07/19/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Lafayette St & Spring St at SW Corner
Station lines
6
Distance (miles)
0.114

Access the detailed traffic volume map for 490 Broadway, New York, NY 10012 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

Frequently asked questions

What is the year built for 490 Broadway, New York, NY 10012?

The development at 490 Broadway, New York, NY 10012 was built in 1857.

What is the market value of 490 Broadway, New York, NY 10012?

The current market value of 490 Broadway, New York, NY 10012 is $22,607,000.

What is the total square footage of 490 Broadway, New York, NY 10012?

490 Broadway, New York, NY 10012 has a total of 28,829 square feet.

What is the price per square foot for this property?

$4,856 per square foot is the price for 490 Broadway, New York, NY 10012.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 8.

Disclaimer

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