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
Office building with commercial space · Flatiron, Manhattan
118 West 22nd Street
New York, NY 10011
118 West 22nd Street is a 12-floor office building with commercial space in Flatiron, Manhattan, built in 1911, with about 82,000 square feet of office space according to city records.
Also at 118-124 West 22nd Street.
- Office space
- 82K SF
- Floors
- 12
- Year built
- 1911
- Zoning
- C6-3A
The 53rd largest of the 75 office buildings we track in Flatiron. Compare it with 6 neighbors
No space at 118 West 22nd 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 118 West 22nd Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 118 West 22nd Street ranks 5th of 7 by office floor area. Built in 1911, it is the newest of them. Its estimated property tax, about $10.11 a square foot of floor area before abatements, is below the neighbors' median of $14.13.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 118 West 22nd Street | 82K SF | 12 | 1911 | $10.11 | Jun 2026, $28M |
| Adams Dry Goods Building, 675 Avenue of the Americas | 200K SF | 6 | 1902 | $24.69 | n/a |
| 150 West 22nd Street | 69K SF | 12 | 1910 | $13.10 | n/a |
| 56 West 22nd Street | 51K SF | 12 | 1908 | $12.53 | Mar 2020, $48.5M |
| 119 West 23rd Street | 89K SF | 10 | 1901 | $12.53 | n/a |
| Simpson, Crawford & Simpson Building, 641 Avenue of the Americas | 122K SF | 8 | 1902 | $24.27 | Jun 2021, $204M |
| 111 West 19th Street | 125K SF | 8 | 1901 | $15.16 | n/a |
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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). 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
- 118-124 West 22nd Street
- ZIP code
- 10011
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 89,389 SF
- Commercial floor area
- 89,389 SF
- Office
- 82,339 SF
- Retail
- 7,050 SF
- Height
- 12 floors
- Average floor
- About 7,400 SF (floor area divided by floors)
- Year built
- 1911
- Lot area
- 7,406 SF
- Zoning district
- C6-3A
- Built FAR
- 12.07
- Max commercial FAR
- 6
- Tax lot (BBL)
- 1007970054
Nearest subway
- 23 St
- 23 St
- 18 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 118 West 22nd Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across Flatiron
- 13.5%
- Share vacant along West 22nd Street
- 4.0%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Flatiron? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists ADLIE ASSOCIATES, LLC as the owner of record. For tax year 2026/27 the city values 118 West 22nd Street at $19.1 million and assesses it at $8.59 million. After phase-ins and exemptions its taxable value is $8.33 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 $903,347 a year before abatements, roughly $10.11 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.
- Owner of record
- ADLIE ASSOCIATES, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $19,085,000
- Land market value
- $2,600,000
- Assessed value
- $8,588,250
- Taxable value (phased in)
- $8,327,310
- Estimated yearly tax
- About $903,347
- Tax per SF of floor area
- About $10.11
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; 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.
NYC property records (ACRIS)
Sales history
118 West 22nd Street last sold in June 2026 for $28 million, according to the deed recorded with the city. 118 WEST HOLDINGS A LLC, 118 WEST HOLDINGS B LLC and others sold it to W 22 LLC. That comes to about $313 per square foot of floor area.
- Last sale (deed date)
- June 24, 2026
- Price
- $28,000,000
- Price per SF of floor area
- About $313
- Seller
- 118 WEST HOLDINGS A LLC, 118 WEST HOLDINGS B LLC and others
- Buyer
- W 22 LLC
- Deed recorded
- July 1, 2026
- ACRIS document
- 2026062900452002
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
118 West 22nd 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 52.6 kBtu per square foot, 18% below the national median of 64.1 for a similar property. Its greenhouse gas emissions were about 509 metric tons of CO2e (4.9 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 52.6 kBtu/SF
- National median for the type
- 64.1 kBtu/SF
- Greenhouse gas emissions
- 509 t CO2e
- Emissions per SF
- 4.9 kg CO2e
- Floor area in the filing
- 103,823 SF
- ENERGY STAR certified
- 2020, 2022, 2023, 2024
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.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 118 West 22nd Street. In the last two years, interior work was permitted on one floor (floor 9). The newest build-out, on floor 9 and the roof, was first permitted in August 2026 (construction, mechanical, plumbing; filed cost estimate $123,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 3
- Newest job first permitted
- August 2026
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 9
- Facade and sidewalk jobs, last 24 months
- 2
Recent build-outs
New jobs by year
Build-outs across FlatironWhere 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 Flatiron
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 Flatiron yet. These labeled examples show what tenants post. List a space in 118 West 22nd 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
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much office space do you need per employee in 2026
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
Rentable vs usable square feet and the loss factor, explained
Rentable vs usable square feet in NYC: what the loss factor is, how to calculate it, and why two 5,000 SF suites at the same rent can be very different deals.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
- Free calculator
Office space calculator
How many square feet your team needs, from headcount and layout to a rentable range.
- Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.
- Free calculator
Commercial Rent Tax calculator
Whether a Manhattan lease owes the city's Commercial Rent Tax, and roughly how much a year.
Questions about 118 West 22nd Street
How big is 118 West 22nd Street?
118 West 22nd Street has about 89,000 square feet of floor area in total, including 82,000 square feet of office and 7,000 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 118 West 22nd Street built?
City records list 1911 as the year built. The building is 12 floors tall.
What other addresses does 118 West 22nd Street have?
City records list 118-124 West 22nd Street on the same tax lot (BBL 1007970054) as 118 West 22nd Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 118 West 22nd Street?
118 West 22nd Street is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 118 West 22nd Street, New York, NY 10011, in Flatiron.
What is the zoning at 118 West 22nd Street?
The lot is in the C6-3A zoning district. PLUTO lists a built floor area ratio (FAR) of 12.07 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 118 West 22nd Street?
The closest subway station to 118 West 22nd Street is 23 St (the F and M trains), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 23 St (the 1 train), 3 min walk; 18 St (the 1 train), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 118 West 22nd Street?
The NYC Department of Finance's 2026/27 assessment roll lists ADLIE ASSOCIATES, LLC as the owner of record of 118 West 22nd Street (BBL 1007970054). 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.
When was 118 West 22nd Street last sold?
118 West 22nd Street last sold in June 2026 for $28 million, according to the deed recorded with the city. 118 WEST HOLDINGS A LLC, 118 WEST HOLDINGS B LLC and others sold it to W 22 LLC. That comes to about $313 per square foot of floor area. The deed is ACRIS document 2026062900452002 (BBL 1007970054) 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.
Does 118 West 22nd Street have an energy grade?
118 West 22nd 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 52.6 kBtu per square foot, 18% below the national median of 64.1 for a similar property. Its greenhouse gas emissions were about 509 metric tons of CO2e (4.9 kg per square foot).
Is there construction at 118 West 22nd Street?
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 118 West 22nd Street. In the last two years, interior work was permitted on one floor (floor 9). The newest build-out, on floor 9 and the roof, was first permitted in August 2026 (construction, mechanical, plumbing; filed cost estimate $123,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007970054. 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 118 West 22nd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.33 million for 118 West 22nd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $903,347 a year, roughly $10.11 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007970054 show the actual bill.
What is the assessed value of 118 West 22nd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 118 West 22nd Street at $19.1 million ($2.6 million of it land) and its assessed value at $8.59 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 2% from 2022/23 ($18.8 million) to 2026/27.
Are there vacant storefronts at 118 West 22nd Street?
Owners registered one storefront at 118 West 22nd Street for December 31, 2024, the newest annual filing the city has published, and it was not 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.
Is there office space for lease at 118 West 22nd Street?
No space at 118 West 22nd 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.
1,677 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Flatiron
Transit hubs in Flatiron
- R W at 23 St
- 4 5 6 L N Q R W at 14 St-Union Sq
- F M at 23 St