115 West 40th Street

115 West 40th Street has about 304,000 square feet of floor area in total, including 291,000 square feet of office and 13,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1915 as the year built, with a major alteration recorded in 2016. The building is 22 floors tall.

City records list 115-119 West 40th Street and 114-118 West 41st Street on the same tax lot (BBL 1009930022) as 115 West 40th Street. A space listed on Leasemark at any of these addresses shows up on this page.

115 West 40th Street is in ZIP code 10018, 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 40th Street, New York, NY 10018, in Midtown.

The lot is in the C5-2.5 zoning district. PLUTO lists a built floor area ratio (FAR) of 22.05 and a maximum commercial FAR of 12 for this lot.

The closest subway station to 115 West 40th Street is 42 St-Bryant Pk (the B, D, F, M and 7 trains, connected to 5 Av), about 300 feet away in a straight line, roughly 1 minute on foot. Also nearby: 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), 1 min walk; 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 114 W 41 OWNER BH LLC as the owner of record of 115 West 40th Street (BBL 1009930022). 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.

115 West 40th Street last sold in November 2025 for $133 million, according to the deed recorded with the city. COLUMBIA NEW YORK 41ST STREET OFFICE PROPERTIES LL sold it to 114 W 41 OWNER BH LLC and 75 MAIDEN PW LLC. That comes to about $437 per square foot of floor area. The deed is ACRIS document 2025120300362001 (BBL 1009930022) 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.

115 West 40th Street reported an ENERGY STAR score of 56 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 56 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 83.7 kBtu per square foot, 9% below the national median of 91.6 for a similar property. Its greenhouse gas emissions were about 2,647 metric tons of CO2e (7.57 kg per square foot).

At its 2024 energy use, 115 West 40th Street comes to about 2,300 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,649 tons for 2024 to 2029 (87% of the limit), so it would owe no penalty. From 2030 the limit drops to 940 tons and the same energy use counts as about 1,820 tons, about 879 tons over, or an estimated $236,000 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 115 West 40th Street. In the last two years, interior work was permitted on 4 floors (floors 1, 14, 21 and 22). The newest build-out, on floor 14, was first permitted in October 2026 (construction; filed cost estimate $280,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1009930022. 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 $47.8 million for 115 West 40th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $5.19 million a year, roughly $17.04 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1009930022 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 115 West 40th Street at $111.6 million ($14.5 million of it land) and its assessed value at $50.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5% from 2022/23 ($105.8 million) to 2026/27.

No space at 115 West 40th 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.