New York City  »  10012  »  Spring St  »  131 Spring St

131 Spring Street, New York, NY 10012 - Property report

Also known as: 131 Spring St

Property image for 131 Spring Street, New York, NY 10012
static Mapbox map

Property type

Miscellaneous and Old Style Bank Buildings (O9)

Year built

1915

Lot sq. ft.

9,614

Sale price

$222,200,000

General information

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Address
Primary address
131 Spring Street
Alternate address(es)
131-133 Spring St
135-137 Spring St
ZIP code
10012
Neighborhood
SoHo
Borough
Manhattan
Block & lot
00500-0036

Owner

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Building
Property type
Miscellaneous and Old Style Bank Buildings (O9)
Building sq. ft.
57,311
Building dimensions
49 ft x 94 ft
Buildings on lot
2
Stories
6
Year built
1915
Last altered
2015
Building material
Sales
Sale date
08/04/2015
Sale price
$222,200,000 - M
Tax
Tax year
2026-2027
Property tax
$3,713,433
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
98.24 ft x 100 ft
Lot sq. ft.
9,614

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
2
Community district
2
Closest police station
0.41 Miles
Closest fire station
0.21 Miles

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Ownership information for 131 Spring Street, New York, NY

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

Sales history for 131 Spring Street, New York, NY 10012

Sale date Sale price Buyer name Seller name
08/04/2015 $222,200,000 XXX XXXXXX XXXXXX XXX XXX XXXXXX XXXXX XXX
12/28/2012 $122,300,000 XXX XXXXXX XXXXX XXX XXXXXXXXXX XXXXXXXX XXX
06/15/2006 $46,000,000 XXXXXXXXXX XXXXXXXX XXX XXXXXX XXXXXX XXXXXXXXXX, X.X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/13/2019 - R
05/03/2019 - D
Satisfaction of Mortgage
(2019042400094001)
XXX XXXXXX XXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/01/2015 - R Initial UCC1
(2015100100482001)
XXX XXXXXX XXX XXXXX XXX XXXXX XXXXX XXXX X X
11/13/2015 - R
08/04/2015 - D
Agreement
(2015110900612002)
XXXXXXXX XXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
11/13/2015 - R
08/04/2015 - D
Agreement
(2015110900612001)
XXX XXXXXXXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/22/2015 - R
08/04/2015 - D
Correction Deed
(2015092500481001)
XXX XXXXXX XXXXX XXX XXX XXXXXX XXX XXXXX XXX
09/29/2015 - R
08/04/2015 - D
Agreement
(2015092401297001)
XXX XXXXXX XXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/17/2015 - R
08/04/2015 - D
Deed
(2015080600223001)
XXX XXXXXX XXXXX XXX XXX XXXXXX XXXXXX XXX
08/17/2015 - R
07/02/2015 - D
Assignment, Mortgage
(2015080600223004)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/17/2015 - R
07/02/2015 - D
Agreement
(2015080600223003)
XXX XXXXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/17/2015 - R
07/02/2015 - D
Mortgage
(2015080600223002)
XXX XXXXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 131 Spring 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
$3,713,433
Municipal exemptions
Recent tax assessments
Market value
$76,070,000
Assessed value
$34,231,500

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 $76,255,000 $34,314,750 $33,995,810 10.848% $3,687,865 $3,687,865 +0.26%
2024/25 $75,954,000 $34,179,300 $34,179,300 10.762% $3,678,376 $3,678,376 -2.30%
2023/24 $85,941,000 $38,673,450 $35,547,120 10.592% $3,765,151 $3,765,151 +100.59%
2022/23 $48,184,000 $21,682,800 $17,631,450 10.646% $1,877,044 $1,877,044 +13.87%
2021/22 $34,059,000 $15,326,550 $15,326,550 10.755% $1,648,370 $1,648,370 +10.65%
2020/21 $43,231,000 $19,453,950 $13,930,380 10.694% $1,489,715 $1,489,715 +24.53%
2019/20 $35,502,000 $15,975,900 $11,353,317 10.537% $1,196,299 $1,196,299 +21.38%
2018/19 $34,929,000 $15,718,050 $9,373,966 10.514% $985,579 $985,579 +26.18%
2017/18 $26,178,000 $11,780,100 $7,429,010 10.514% $781,086 $781,086 +19.45%
2016/17 $14,942,000 $6,723,900 $6,183,967 10.574% $653,893 $653,893 +14.50%

Permit information for 131 Spring Street, New York, NY

Filing date Job type Job status Job description Initial cost
04/26/2026 Alteration
01/23/2026 Alteration
01/23/2026 Alteration
01/23/2026 Alteration
01/15/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/02/2023 Bench-failure to benchmark none
11/02/2022 Bench-failure to benchmark none
08/02/2022 Bench-failure to benchmark none

*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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Broadway & Prince St at SW Corner
Station lines
N-R
Distance (miles)
0.135

Access the detailed traffic volume map for 131 Spring Street, 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 131 Spring Street, New York, NY 10012?

The development at 131 Spring Street, New York, NY 10012 was built in 1915.

What is the market value of 131 Spring Street, New York, NY 10012?

The current market value of 131 Spring Street, New York, NY 10012 is $76,070,000.

What is the total square footage of 131 Spring Street, New York, NY 10012?

131 Spring Street, New York, NY 10012 has a total of 57,311 square feet.

What is the price per square foot for this property?

$3,877 per square foot is the price for 131 Spring Street, New York, NY 10012.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 9.

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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