Townsend Building

The Townsend Building has about 106,000 square feet of floor area in total, including 98,000 square feet of office and 8,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the Townsend Building to 1896-1897, designed by Cyrus L. W. Eidlitz. The building is 12 floors tall.

Cyrus L. W. Eidlitz, according to the Landmarks Preservation Commission's building records, which list the style as Classical Revival and its original use as an office building.

The Townsend Building is at 1121 Broadway in Midtown South, Manhattan. City records list 1121-1127 Broadway and 5-9 West 25th Street on the same tax lot (BBL 1008270028). A space listed on Leasemark at any of these addresses shows up on this page.

1121 Broadway is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Townsend Building is at 1121 Broadway, New York, NY 10010, in Midtown South.

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 9.9 and a maximum commercial FAR of 10 for this lot. It is inside the Madison Square North Historic District, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to the Townsend Building is 23 St (the R and W trains), about 750 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 28 St (the R and W trains), 3 min walk; 23 St (the F and M trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 1123 TOWNSEND LLC as the owner of record of the Townsend Building (BBL 1008270028). 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.

The Townsend Building reported an ENERGY STAR score of 89 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 89 earns an A. 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 97.7 kBtu per square foot, less than half the national median of 197.1 for a similar property. Its greenhouse gas emissions were about 868 metric tons of CO2e (7.23 kg per square foot).

The Department of Buildings issued no permits for new jobs at the Townsend Building in the 12 months to September 2026; the last one was first permitted in August 2025. In the last two years, interior work was permitted on 12 floors (floors 1 to 12, the cellar, the mezzanine and the sub-cellar). The newest build-out, on floors 1 to 12, the cellar, the roof and the sub-cellar, was first permitted in August 2025 (sprinklers; filed cost estimate $80,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008270028. 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 $13.2 million for the Townsend Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.43 million a year, roughly $13.54 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008270028 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Townsend Building at $31.7 million ($6.67 million of it land) and its assessed value at $14.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($28 million) to 2026/27.

Owners registered 3 storefronts at the Townsend Building for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 1121 Broadway 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.