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
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Professional building · Midtown, Manhattan
115 East 61st Street
New York, NY 10065
115 East 61st Street is a 14-floor professional building in Midtown, Manhattan, built in 1930, with about 58,000 square feet of office space according to city records.
Also at 115-119 East 61st Street.
- Office space
- 58K SF
- Floors
- 14
- Year built
- 1930
- Zoning
- R8B
The 293rd largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors
No space at 115 East 61st 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 115 East 61st Street compares
Next to the 6 nearest large office buildings, all within a 3 minute walk, 115 East 61st Street is the smallest by office floor area. It went up in 1930; the median neighbor dates from 1961. Its estimated property tax, about $15.31 a square foot of floor area before abatements, is below the neighbors' median of $20.14.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 115 East 61st Street | 58K SF | 14 | 1930 | $15.31 |
| 770 Lexington Avenue | 148K SF | 20 | 1960 | $20.34 |
| 111 East 59th Street | 171K SF | 15 | 1962 | $21.91 |
| 750 Lexington Avenue | 340K SF | 28 | 1986 | $19.94 |
| 505 Park Avenue | 200K SF | 21 | 1949 | $16.05 |
| 28 East 60th Street | 128K SF | 25 | 1917 | $12.33 |
| 667 Madison Avenue | 215K SF | 24 | 1985 | $40.49 |
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). 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
- 115-119 East 61st Street
- ZIP code
- 10065
- Building type
- Professional building (city class O7)
- Total floor area
- 58,298 SF
- Commercial floor area
- 58,298 SF
- Office
- 58,298 SF
- Height
- 14 floors
- Average floor
- About 4,200 SF (floor area divided by floors)
- Year built
- 1930
- Last major alteration
- 2011
- Lot area
- 5,723 SF
- Zoning district
- R8B
- Built FAR
- 10.19
- Tax lot (BBL)
- 1013960007
Nearest subway
- Lexington Av/59 St
- Lexington Av/63 St
- 5 Av/59 St
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
Property tax and assessed value
For tax year 2026/27 the city values 115 East 61st Street at $18.5 million and assesses it at $8.34 million. After phase-ins and exemptions its taxable value is $8.23 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 $892,327 a year before abatements, roughly $15.31 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.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $18,525,000
- Land market value
- $5,280,000
- Assessed value
- $8,336,250
- Taxable value (phased in)
- $8,225,730
- Estimated yearly tax
- About $892,327
- Tax per SF of floor area
- About $15.31
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), 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 score, grade and emissions
115 East 61st Street reported an ENERGY STAR score of 88 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 76.4 kBtu per square foot, 33% below the national median of 114.1 for a similar property. Its greenhouse gas emissions were about 450 metric tons of CO2e (6.93 kg per square foot).
- ENERGY STAR score (2024)
- 88 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Medical Office
- Site energy use intensity
- 76.4 kBtu/SF
- National median for the type
- 114.1 kBtu/SF
- Greenhouse gas emissions
- 450 t CO2e
- Emissions per SF
- 6.93 kg CO2e
- Floor area in the filing
- 64,972 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 2026-10-02; 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.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 115 East 61st Street in the 12 months to September 2026; the last one was first permitted in August 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- August 2024
- Interior build-outs, last 24 months
- 0
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 115 East 61st 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
24/7 access
Owners: got a fit?I have a fit
Before you sign
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Questions about 115 East 61st Street
How big is 115 East 61st Street?
115 East 61st Street has about 58,000 square feet of floor area in total, including 58,000 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 115 East 61st Street built?
City records list 1930 as the year built, with a major alteration recorded in 2011. The building is 14 floors tall.
What other addresses does 115 East 61st Street have?
City records list 115-119 East 61st Street on the same tax lot (BBL 1013960007) as 115 East 61st Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 115 East 61st Street?
115 East 61st Street is in ZIP code 10065, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 115 East 61st Street, New York, NY 10065, in Midtown.
What is the zoning at 115 East 61st Street?
The lot is in the R8B zoning district. PLUTO lists a built floor area ratio (FAR) of 10.19 for this lot.
What subway station is closest to 115 East 61st Street?
The closest subway station to 115 East 61st Street is Lexington Av/59 St (the N, R, W, 4, 5 and 6 trains, connected to 59 St), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Lexington Av/63 St (the M and Q trains), 2 min walk; 5 Av/59 St (the N, R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
What is the energy grade of 115 East 61st Street?
115 East 61st Street reported an ENERGY STAR score of 88 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 88 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 76.4 kBtu per square foot, 33% below the national median of 114.1 for a similar property. Its greenhouse gas emissions were about 450 metric tons of CO2e (6.93 kg per square foot).
Is there construction at 115 East 61st Street?
The Department of Buildings issued no permits for new jobs at 115 East 61st Street in the 12 months to September 2026; the last one was first permitted in August 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 1013960007. 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 115 East 61st Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.23 million for 115 East 61st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $892,327 a year, roughly $15.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013960007 show the actual bill.
What is the assessed value of 115 East 61st Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 115 East 61st Street at $18.5 million ($5.28 million of it land) and its assessed value at $8.34 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($16.5 million) to 2026/27.
Is there office space for lease at 115 East 61st Street?
No space at 115 East 61st 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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