| Primary address | 557 Broadway |
| Secondary address | 557-559 Broadway |
| Neighborhood | SoHo |
| Zip code | 10012 |
| Borough | Manhattan |
| Block & lot | 00498-0009 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 12/17/2025 |
| Purchase price | $386,000,000 |
| Tax class | Register |
| Estimated property tax | $2,022,515 |
| Lot sq. ft. | 10,000 |
| Lot dimensions | |
| Property type | Office with Commercial 7-19 Stories (O6)
|
| Building sqft | 112,500 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 10 |
| Year built | 1999 |
| Construction type | Register |
| School district | 2 |
| Community district | 2 |
| Closest police station | 0.50 Miles |
| Closest fire station | 0.11 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
The Scholastic Building holds the distinction of being the first new building ever constructed in the historic district of SoHo-Cast Iron. Like its surrounding neighbors, the commercial building features cast iron as an integral part of its build, along with steel, terra-cotta, and stone. Paying even more tribute to its roots, the Scholastic Building was constructed in the same manner as the buildings from yesteryear, with elements and ornaments of its style ordered in parts, cast off-site, and then assembled on-site.
Built in 1999, it is a 10-story construction. The lobby was converted by Scholastic into 7,400 sq ft of retail space. The nearest subway station is two blocks northeast. Famous New York landmarks dot the surrounding area, including St. Patrick's Old Cathedral just three blocks east. Charming little eateries and upscale shopping are mere moments away by either foot or public transportation, with local proprietorships favored over big chains.
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 7-19 Stories (O6) located at 557 Broadway, New York, NY 10012 has a total of 112,500 square feet and a current price per square foot of $3,431.
What is the year built & the current market value of 557 Broadway, New York, NY 10012?557 Broadway, New York, NY 10012 was built in 1999 and has a current tax assessor's market value of $40,667,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease.
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.
Create a free account to view the complete sales history for 557 Broadway, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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 557 Broadway, New York, NY 10012. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $1,927,549 |
| Estimated property tax: | $2,022,515 |
| Tax assessor's market value: | $40,667,000 |
| Assessed value: | $18,300,150 |
Here's the assessment & property tax history for 557 Broadway, 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 | $40,667,000 | $18,300,150 | $17,768,700 | 10.848% | $1,927,549 | $1,927,549 | +0.64% |
| 2024/25 | $42,820,000 | $19,269,000 | $17,796,600 | 10.762% | $1,915,270 | $1,915,270 | +2.79% |
| 2023/24 | $41,990,000 | $18,895,500 | $17,591,400 | 10.592% | $1,863,281 | $1,863,281 | +0.37% |
| 2022/23 | $39,497,000 | $17,773,650 | $17,438,490 | 10.646% | $1,856,502 | $1,856,502 | +18.19% |
| 2021/22 | $32,456,000 | $14,605,200 | $14,605,200 | 10.755% | $1,570,789 | $1,570,789 | -16.09% |
The complete history of permits filed for 557 Broadway, 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): | X (See more on map) |
| Hurricane evacuation zone: | 6 (See more on map) |
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Distance to Subway
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| Closest station | Broadway & Prince St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.031 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Broadway/Prince St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 557 Broadway, New York, NY 10012.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 545 Broadway, New York | 29,586 | 01/17/2024 | $33,000,000 |
| 555 Broadway, New York | 243,442 | 12/17/2025 | $386,000,000 |
| 92 Prince St, New York | 6,188 | 09/09/2023 | $12,939,500 |
| 83 Spring St, New York | 13,078 | ||
| 112 Mercer St, New York | 35,735 | 06/11/1974 | |
| 529 Broadway, New York | 44,243 | 09/26/2025 | $213,000,000 |
| 110 Mercer St, New York | 37,400 | 12/31/1974 | |
| 535 Broadway, New York | 11,875 | 02/04/2026 | $22,010,000 |
| 101 Spring St, New York | 14,063 | 07/01/2019 | |
| 90 Prince St, New York | 20,758 | ||
| 76 Crosby St, New York | 45,280 | ||
| 558 Broadway, New York | 22,916 | 05/01/2013 | |
| 550 Broadway, New York | 16,125 | 11/17/1967 | |
| 99 Spring St, New York | 9,655 | 03/16/2018 | |
| 560 Broadway, New York | 122,454 | 05/22/2007 | |
| 552 Broadway, New York | 67,440 | 11/17/1967 | |
| 546 Broadway, New York | 96,000 | 05/27/2021 | $160,000,000 |
| 547 Broadway, New York | 26,058 | 04/12/1983 | |
| 561 Broadway, New York | 114,488 | 01/20/2010 | $260,000 |
| 565 Broadway, New York | 51,180 | 11/29/1979 |
