Want · Office
Law firm relocation near Grand Central
Posted by a tenant rep broker · Legal
- Where
- Grand Central, Midtown
- Size
- 7,000 to 10,000 SF
- Budget
- to $110/SF
- Move in
- May 2027
24/7 accessADA accessible
Owners: got a fit?I have a fit
Office building · Midtown, Manhattan
106 West 56th Street
New York, NY 10019
106 West 56th Street is a 27-floor office building in Midtown, Manhattan, built in 2018, with about 88,000 square feet of office space according to city records.
Also at 104-106 West 56th Street.
- Office space
- 88K SF
- Floors
- 27
- Year built
- 2018
- Zoning
- C6-6
The 252nd largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors
No space at 106 West 56th Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 106 West 56th Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 106 West 56th Street ranks 5th of 7 by office floor area. Built in 2018, it is the newest of them. Its estimated property tax, about $21.21 a square foot of floor area before abatements, is above the neighbors' median of $18.96.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 106 West 56th Street | 88K SF | 27 | 2018 | $21.21 | n/a |
| 127 West 55th Street | 527K SF | 23 | 1988 | $26.00 | May 2013, $470M |
| 1370 Avenue of the Americas | 299K SF | 32 | 1971 | $19.06 | May 2024, $161M |
| 1345 Avenue of the Americas | 1.8M SF | 49 | 1968 | $23.14 | n/a |
| 130 West 57th Street | 57K SF | 15 | 1908 | $10.95 | n/a |
| 140 West 57th Street | 78K SF | 14 | 1908 | $15.43 | Oct 2009, $59M |
| 1350 Avenue of the Americas | 480K SF | 34 | 1966 | $18.86 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 104-106 West 56th Street
- ZIP code
- 10019
- Building type
- Office building (city class O4)
- Total floor area
- 87,573 SF
- Commercial floor area
- 87,573 SF
- Office
- 87,573 SF
- Height
- 27 floors
- Average floor
- About 3,200 SF (floor area divided by floors)
- Year built
- 2018
- Lot area
- 5,021 SF
- Zoning district
- C6-6
- Built FAR
- 17.44
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1010080037
Nearest subway
- 57 St
- 57 St-7 Av
- 7 Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 106 WEST 56TH STREET PROPERTY INVESTORS III, LLC as the owner of record. For tax year 2026/27 the city values 106 West 56th Street at $40.8 million and assesses it at $18.3 million. After phase-ins and exemptions its taxable value is $17.1 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $1.86 million a year before abatements, roughly $21.21 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- 106 WEST 56TH STREET PROPERTY INVESTORS III, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $40,752,000
- Land market value
- $6,800,000
- Assessed value
- $18,338,400
- Taxable value (phased in)
- $17,123,270
- Estimated yearly tax
- About $1.86 million
- Tax per SF of floor area
- About $21.21
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
106 West 56th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 38.2 kBtu per square foot, 17% below the national median of 45.9 for a similar property. Its greenhouse gas emissions were about 354 metric tons of CO2e (4.04 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 38.2 kBtu/SF
- National median for the type
- 45.9 kBtu/SF
- Greenhouse gas emissions
- 354 t CO2e
- Emissions per SF
- 4.04 kg CO2e
- Floor area in the filing
- 87,573 SF
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 106 West 56th Street. In the last two years, interior work was permitted on 5 floors (floors 2, 4, 7, 20 and 22). The newest build-out, on floor 4, was first permitted in September 2026 (construction; filed cost estimate $51,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 3
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 2, 4, 7, 20 and 22
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Office space nearby in Midtown
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for office space in Midtown yet. These labeled examples show what tenants post. List a space in 106 West 56th Street and we match it against every new one automatically.
Want · Office
Hedge fund, Hudson Yards or Plaza
Posted by a tenant rep broker · Finance
- Where
- Hudson Yards, Midtown
- Size
- 15,000 to 22,000 SF
- Budget
- to $140/SF
- Move in
- Jul 2027
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Questions about 106 West 56th Street
How big is 106 West 56th Street?
106 West 56th Street has about 88,000 square feet of floor area in total, including 88,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 106 West 56th Street built?
City records list 2018 as the year built. The building is 27 floors tall.
What other addresses does 106 West 56th Street have?
City records list 104-106 West 56th Street on the same tax lot (BBL 1010080037) as 106 West 56th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 106 West 56th Street?
106 West 56th Street is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 106 West 56th Street, New York, NY 10019, in Midtown.
What is the zoning at 106 West 56th Street?
The lot is in the C6-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 17.44 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 106 West 56th Street?
The closest subway station to 106 West 56th Street is 57 St (the M train), about 250 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 57 St-7 Av (the N, Q, R and W trains), 3 min walk; 7 Av (the B, D and E trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 106 West 56th Street?
The NYC Department of Finance's 2026/27 assessment roll lists 106 WEST 56TH STREET PROPERTY INVESTORS III, LLC as the owner of record of 106 West 56th Street (BBL 1010080037). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 106 West 56th Street have an energy grade?
106 West 56th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 38.2 kBtu per square foot, 17% below the national median of 45.9 for a similar property. Its greenhouse gas emissions were about 354 metric tons of CO2e (4.04 kg per square foot).
Is there construction at 106 West 56th Street?
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 106 West 56th Street. In the last two years, interior work was permitted on 5 floors (floors 2, 4, 7, 20 and 22). The newest build-out, on floor 4, was first permitted in September 2026 (construction; filed cost estimate $51,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1010080037. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 106 West 56th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $17.1 million for 106 West 56th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.86 million a year, roughly $21.21 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010080037 show the actual bill.
What is the assessed value of 106 West 56th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 106 West 56th Street at $40.8 million ($6.8 million of it land) and its assessed value at $18.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($37.4 million) to 2026/27.
Is there office space for lease at 106 West 56th Street?
No space at 106 West 56th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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