111 East 59th Street

111 East 59th Street has about 171,000 square feet of floor area in total, including 171,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1962 as the year built, with a major alteration recorded in 2020. The building is 15 floors tall.

City records list 111-115 East 59th Street and 110-114 East 60th Street on the same tax lot (BBL 1013940005) as 111 East 59th Street. A space listed on Leasemark at any of these addresses shows up on this page.

111 East 59th Street is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 111 East 59th Street, New York, NY 10022, in Midtown.

The lot is in the C5-2.5 zoning district. PLUTO lists a built floor area ratio (FAR) of 14.15 and a maximum commercial FAR of 12 for this lot.

The closest subway station to 111 East 59th Street is 59 St (the 4, 5, 6, N, R and W trains, connected to Lexington Av/59 St), about 300 feet away in a straight line, roughly 1 minute on foot. Also nearby: Lexington Av/63 St (the M and Q trains), 4 min walk; 5 Av/59 St (the N, R and W trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 110 E 60 STREET HOLDINGS LLC as the owner of record of 111 East 59th Street (BBL 1013940005). 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.

111 East 59th Street last sold in July 2015 for $170 million, according to the deed recorded with the city. The buyer of record was 111 E 59TH STREET JV SUB LLC. The deed is ACRIS document 2015072000617001 (BBL 1013940005) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

111 East 59th 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 60.9 kBtu per square foot, 27% above the national median of 47.8 for a similar property. Its greenhouse gas emissions were about 1,173 metric tons of CO2e (6.33 kg per square foot).

At its 2024 energy use, 111 East 59th Street comes to about 853 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,405 tons for 2024 to 2029 (61% of the limit), so it would owe no penalty. From 2030 the limit drops to 491 tons and the same energy use counts as about 481 tons, still under the limit. 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 12 jobs at 111 East 59th Street. In the last two years, interior work was permitted on 15 floors (floors 1 to 15 and the cellar). The newest build-out, on floor 12, was first permitted in September 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $468,000). A sidewalk shed permit here is active until January 19, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1013940005. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $34.4 million for 111 East 59th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.74 million a year, roughly $21.91 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013940005 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 111 East 59th Street at $78.7 million ($15.5 million of it land) and its assessed value at $35.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 3% from 2022/23 ($81.4 million) to 2026/27.

No space at 111 East 59th 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.