Office building · Midtown, Manhattan
Salmon Tower Building
11 West 42nd Street, New York, NY 10036
The Salmon Tower Building (11 West 42nd Street) is a 33-floor office building in Midtown, Manhattan, built in 1926, with about 924,000 square feet of office space according to city records.
Also at 11-27 West 42nd Street and 18-30 West 43rd Street.
- Office space
- 924K SF
- Floors
- 33
- Year built
- 1926
- Zoning
- C6-6
The 35th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How the Salmon Tower Building compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, the Salmon Tower Building ranks 2nd of 7 by office floor area. It went up in 1926; the median neighbor dates from 1926. Its estimated property tax, about $16.27 a square foot of floor area before abatements, is below the neighbors' median of $19.77.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| Salmon Tower Building, 11 West 42nd Street | 924K SF | 33 | 1926 | $16.27 | n/a |
| 500 Fifth Avenue | 647K SF | 58 | 1931 | $18.90 | n/a |
| Manufacturers Trust Company Building, 510 Fifth Avenue | 35K SF | 5 | 1954 | $28.62 | Aug 2023, $50M |
| 23 West 43rd Street | 278K SF | 20 | 1920 | $19.13 | May 2011, $161M |
| 36 West 44th Street | 127K SF | 14 | 1922 | $14.52 | n/a |
| W. R. Grace Building, 1114 Avenue of the Americas | 1.4M SF | 47 | 1971 | $25.95 | n/a |
| 522 Fifth Avenue | 371K SF | 23 | 1919 | $20.40 | 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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Building name
- Salmon Tower Building
- Other addresses
- 11-27 West 42nd Street; 18-30 West 43rd Street
- ZIP code
- 10036
- Building type
- Office building (city class O4)
- Total floor area
- 949,976 SF
- Commercial floor area
- 949,976 SF
- Office
- 923,736 SF
- Retail
- 26,240 SF
- Height
- 33 floors
- Average floor
- About 28,800 SF (floor area divided by floors)
- Year built
- 1926
- Last major alteration
- 1979
- Lot area
- 34,300 SF
- Zoning district
- C6-6
- Built FAR
- 27.7
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1012580021
Nearest subway
- 5 Av
- Grand Central-42 St
- Times Sq-42 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name checked against Wikipedia, Salmon Tower Building; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 12 storefronts at the Salmon Tower Building for December 31, 2025, the newest annual filing the city has published, and 4 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.
- Storefronts registered for December 31, 2025
- 12
- Vacant that day
- 4
- Share vacant here
- 33.3%
- Share vacant across Midtown
- 14.3%
- Share vacant along West 42nd Street
- 15.8%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 11 West 42nd Street? Listing it is free, and it is matched against every active requirement for retail space in Midtown the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 11 WEST 42 REALTY INVESTORS, LLC as the owner of record. For tax year 2026/27 the city values the Salmon Tower Building at $317.9 million and assesses it at $143 million. After phase-ins and exemptions its taxable value is $142.5 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 $15.5 million a year before abatements, roughly $16.27 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
- 11 WEST 42 REALTY INVESTORS, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $317,884,000
- Land market value
- $59,900,000
- Assessed value
- $143,047,800
- Taxable value (phased in)
- $142,516,821
- Estimated yearly tax
- About $15.5 million
- Tax per SF of floor area
- About $16.27
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; 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.
Own or manage 11 West 42nd Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
SEC filings (EDGAR)
Companies with offices here
One public company and one investment manager give 11 West 42nd Street as their office address in SEC filings.
Public company
Investment manager
Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.
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NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
The Salmon Tower Building reported an ENERGY STAR score of 61 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 71.8 kBtu per square foot, 14% below the national median of 83.5 for a similar property. Its greenhouse gas emissions were about 6,328 metric tons of CO2e (6.67 kg per square foot).
- ENERGY STAR score (2024)
- 61 of 100
- Grade this score earns (Local Law 33)
- C (55 to 69)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 71.8 kBtu/SF
- National median for the type
- 83.5 kBtu/SF
- Greenhouse gas emissions
- 6,328 t CO2e
- Emissions per SF
- 6.67 kg CO2e
- Floor area in the filing
- 948,747 SF
ENERGY STAR score by year
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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, the Salmon Tower Building comes to about 4,998 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 7,439 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 2,489 tons and the same energy use counts as about 3,151 tons, about 662 tons over, or an estimated $177,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 7,439 t CO2e
- Estimated emissions
- 4,998 t CO2e
- Under the limit by
- 2,441 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 2,489 t CO2e
- Estimated emissions
- 3,151 t CO2e
- Over the limit by
- 662 t CO2e
- Estimated penalty a year
- $177,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 840,623 SF; College/University 108,124 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 11 West 42nd Street? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at the Salmon Tower Building. In the last two years, interior work was permitted on 4 floors (floors 1, 3, 15 and 22). The newest build-out, on floor 15, was first permitted in September 2026 (construction; filed cost estimate $53,000).
- New jobs, last 12 months
- 3
- Initial permits, last 12 months
- 5
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 6
- Floors with interior work, last 24 months
- 1, 3, 15 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 2026-10-24 (permits issued through 2026-10-22). 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.
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Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about Salmon Tower Building
How big is the Salmon Tower Building?
The Salmon Tower Building has about 950,000 square feet of floor area in total, including 924,000 square feet of office and 26,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was the Salmon Tower Building built?
City records list 1926 as the year built, with a major alteration recorded in 1979. The building is 33 floors tall.
What is the address of the Salmon Tower Building?
The Salmon Tower Building is at 11 West 42nd Street in Midtown, Manhattan. City records list 11-27 West 42nd Street and 18-30 West 43rd Street on the same tax lot (BBL 1012580021). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 11 West 42nd Street?
11 West 42nd Street is in ZIP code 10036, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Salmon Tower Building is at 11 West 42nd Street, New York, NY 10036, in Midtown.
What is the zoning at the Salmon Tower Building?
The lot is in the C6-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 27.7 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to the Salmon Tower Building?
The closest subway station to the Salmon Tower Building is 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), about 200 feet away in a straight line, roughly 1 minute on foot. Also nearby: Grand Central-42 St (the 4, 5, 6, 7 and S trains), 3 min walk; Times Sq-42 St (the 1, 2, 3, 7, N, Q, R, W, S, A, C and E trains, connected to 42 St-Port Authority Bus Terminal), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Salmon Tower Building?
The NYC Department of Finance's 2026/27 assessment roll lists 11 WEST 42 REALTY INVESTORS, LLC as the owner of record of the Salmon Tower Building (BBL 1012580021). 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.
Who are the tenants at the Salmon Tower Building?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Salmon Tower Building. One public company reports the address as its principal executive office: LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND). One investment manager files 13F holdings reports from the address: CAPITOLIS LIQUID GLOBAL MARKETS LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.
What is the energy grade of the Salmon Tower Building?
The Salmon Tower Building reported an ENERGY STAR score of 61 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 61 earns a C. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 71.8 kBtu per square foot, 14% below the national median of 83.5 for a similar property. Its greenhouse gas emissions were about 6,328 metric tons of CO2e (6.67 kg per square foot).
Does the Salmon Tower Building meet Local Law 97?
At its 2024 energy use, the Salmon Tower Building comes to about 4,998 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 7,439 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 2,489 tons and the same energy use counts as about 3,151 tons, about 662 tons over, or an estimated $177,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at the Salmon Tower Building?
In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at the Salmon Tower Building. In the last two years, interior work was permitted on 4 floors (floors 1, 3, 15 and 22). The newest build-out, on floor 15, was first permitted in September 2026 (construction; filed cost estimate $53,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012580021. 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 the Salmon Tower Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $142.5 million for the Salmon Tower Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $15.5 million a year, roughly $16.27 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012580021 show the actual bill.
What is the assessed value of the Salmon Tower Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Salmon Tower Building at $317.9 million ($59.9 million of it land) and its assessed value at $143 million, the 45% of market value the city assesses for Class 4 property. The city's market value held steady from 2022/23 to 2026/27.
Are there vacant storefronts at the Salmon Tower Building?
Owners registered 12 storefronts at the Salmon Tower Building for December 31, 2025, the newest annual filing the city has published, and 4 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at the Salmon Tower Building?
No space at 11 West 42nd Street is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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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Midtown
Transit hubs in Midtown
- B D F M at 42 St-Bryant Pk
- 7 at 5 Av
- N Q R W at Times Sq