Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Commercial condominium · Midtown South, Manhattan
115 West 31st Street
New York, NY 10001
115 West 31st Street is an 8-floor commercial condominium in Midtown South, Manhattan, built in 1920, with about 56,000 square feet of office space according to city records.
Also at 113-117 West 31st Street and 110-114 West 32nd Street.
- Office space
- 56K SF
- Floors
- 8
- Year built
- 1920
- Zoning
- C6-4.5
The 139th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 115 West 31st 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 West 31st Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 115 West 31st Street is the smallest by office floor area. It went up in 1920; the median neighbor dates from 1918. Its estimated property tax, about $12.53 a square foot of floor area before abatements, is close to the neighbors' median of $12.48.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 115 West 31st Street | 56K SF | 8 | 1920 | $12.53 |
| 119 West 31st Street | 208K SF | 16 | 1912 | $10.70 |
| 875 Avenue of the Americas | 205K SF | 25 | 1926 | $13.61 |
| 100 West 33rd Street | 913K SF | 12 | 2001 | $14.26 |
| 128 West 31st Street | 358K SF | 17 | 1925 | $16.14 |
| 115 West 30th Street | 139K SF | 12 | 1912 | $8.05 |
| 1255 Broadway | 110K SF | 11 | 1909 | $11.36 |
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 addresses
- 113-117 West 31st Street; 110-114 West 32nd Street
- ZIP code
- 10001
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 88,313 SF
- Commercial floor area
- 88,313 SF
- Office
- 55,533 SF
- Retail
- 32,780 SF
- Height
- 8 floors
- Average floor
- About 11,000 SF (floor area divided by floors)
- Year built
- 1920
- Lot area
- 12,312 SF
- Zoning district
- C6-4.5
- Built FAR
- 7.17
- Max commercial FAR
- 12
- Tax lot (BBL)
- 1008077503
Nearest subway
- 34 St-Herald Sq
- 34 St-Penn Station
- 28 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
Owner, property tax and assessed value
115 West 31st Street is a condominium of 3 tax lots. 500 W. MERRICK REALTY LLC, one of 2 owners of record on the roll, owns the units that make up 65% of its market value. For tax year 2026/27 the city values 115 West 31st Street at $25 million and assesses it at $11.3 million. After phase-ins and exemptions its taxable value is $10.2 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 $1.11 million a year before abatements, roughly $12.53 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.
- Largest unit owner
- 500 W. MERRICK REALTY LLC (65% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $25,035,000
- Land market value
- $7,200,000
- Assessed value
- $11,265,750
- Taxable value (phased in)
- $10,201,043
- Estimated yearly tax
- About $1.11 million
- Tax per SF of floor area
- About $12.53
- Condominium tax lots
- 3
- Owners of record
- 2
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 3 condominium tax lots; 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.
Office space nearby in Midtown South
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 South yet. These labeled examples show what tenants post. List a space in 115 West 31st Street and we match it against every new one automatically.
Want · Office
Startup seeking furnished sublease
Posted by the tenant · Software
- Where
- Flatiron, Midtown South +1
- Size
- 6,000 to 11,000 SF
- Budget
- to $60/SF
- Move in
- Nov 2026
Furnished
Owners: got a fit?I have a fit
Before you sign
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Questions about 115 West 31st Street
How big is 115 West 31st Street?
115 West 31st Street has about 88,000 square feet of floor area in total, including 56,000 square feet of office and 33,000 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 115 West 31st Street built?
City records list 1920 as the year built. The building is 8 floors tall.
What other addresses does 115 West 31st Street have?
City records list 113-117 West 31st Street and 110-114 West 32nd Street on the same tax lot (BBL 1008077503) as 115 West 31st Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 115 West 31st Street?
115 West 31st Street is in ZIP code 10001, 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 West 31st Street, New York, NY 10001, in Midtown South.
What is the zoning at 115 West 31st Street?
The lot is in the C6-4.5 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.17 and a maximum commercial FAR of 12 for this lot.
What subway station is closest to 115 West 31st Street?
The closest subway station to 115 West 31st Street is 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), about 600 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the 1, 2 and 3 trains), 3 min walk; 28 St (the 1 train), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 115 West 31st Street?
115 West 31st Street is a condominium of 3 tax lots. 500 W. MERRICK REALTY LLC, one of 2 owners of record on the roll, owns the units that make up 65% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008077503). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
What are the property taxes at 115 West 31st Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $10.2 million for 115 West 31st Street (the sum of its 3 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.11 million a year, roughly $12.53 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008077503 show the actual bill.
What is the assessed value of 115 West 31st Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 115 West 31st Street at $25 million ($7.2 million of it land) and its assessed value at $11.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2024/25 ($22.9 million) to 2026/27.
Is there office space for lease at 115 West 31st Street?
No space at 115 West 31st 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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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St