Office building with commercial space · Union Square, Manhattan
122 Fifth Avenue
New York, NY 10011
122 Fifth Avenue is an 11-floor office building with commercial space in Union Square, Manhattan, built in 1900, with about 223,000 square feet of office space according to city records.
Also at 122-124 Fifth Avenue, 3-9 West 17th Street and 2 West 18th Street.
- Office space
- 223K SF
- Floors
- 11
- Year built
- 1900
- Zoning
- C6-4A
The 9th largest of the 53 office buildings we track in Union Square. Compare it with 6 neighbors
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Compared with its neighbors
How 122 Fifth Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 122 Fifth Avenue ranks 2nd of 7 by office floor area. It went up in 1900; the median neighbor dates from 1906. Its estimated property tax, about $30.22 a square foot of floor area before abatements, is above the neighbors' median of $14.77.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 122 Fifth Avenue | 223K SF | 11 | 1900 | $30.22 | n/a |
| 118 Fifth Avenue | 60K SF | 11 | 1906 | $15.78 | May 2012, $29.4M |
| 126 Fifth Avenue | 74K SF | 15 | 1906 | $10.66 | n/a |
| 6 West 18th Street | 47K SF | 12 | 1910 | $8.64 | n/a |
| Merchants' Exchange Building, 114 Fifth Avenue | 329K SF | 18 | 1909 | $28.32 | n/a |
| 130 Fifth Avenue | 104K SF | 11 | 1903 | $24.26 | n/a |
| 7 West 18th Street | 39K SF | 9 | 1897 | $13.76 | Sep 2024, $22.8M |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 122-124 Fifth Avenue; 3-9 West 17th Street; 2 West 18th Street
- ZIP code
- 10011
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 244,069 SF
- Commercial floor area
- 244,069 SF
- Office
- 223,387 SF
- Retail
- 20,682 SF
- Height
- 11 floors
- Average floor
- About 22,200 SF (floor area divided by floors)
- Year built
- 1900
- Last major alteration
- 2021
- Lot area
- 21,646 SF
- Zoning district
- C6-4A
- Built FAR
- 11.28
- Max commercial FAR
- 10
- Historic district
- Ladies' Mile Historic District
- Tax lot (BBL)
- 1008190039
Nearest subway
- 14 St
- 14 St-Union Sq
- 23 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 5 storefronts at 122 Fifth Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2025
- 5
- Vacant that day
- 0
- Share vacant here
- 0.0%
- Share vacant across Union Square
- 11.7%
- Share vacant along Fifth Avenue
- 14.0%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Union Square? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 122 FIFTH ASSOC as the owner of record. For tax year 2026/27 the city values 122 Fifth Avenue at $151.1 million and assesses it at $68 million. After phase-ins and exemptions its taxable value is $68 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 $7.38 million a year before abatements, roughly $30.22 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
- 122 FIFTH ASSOC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $151,111,100
- Land market value
- $11,201,000
- Assessed value
- $68,000,000
- Estimated yearly tax
- About $7.38 million
- Tax per SF of floor area
- About $30.22
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; 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.
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NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
122 Fifth Avenue reported an ENERGY STAR score of 89 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 34 kBtu per square foot, 50% below the national median of 67.4 for a similar property. Its greenhouse gas emissions were about 839 metric tons of CO2e (3.21 kg per square foot).
- ENERGY STAR score (2024)
- 89 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 34 kBtu/SF
- National median for the type
- 67.4 kBtu/SF
- Greenhouse gas emissions
- 839 t CO2e
- Emissions per SF
- 3.21 kg CO2e
- Floor area in the filing
- 260,974 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 2026-10-16; 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 122 Fifth Avenue comes to about 658 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,962 tons for 2024 to 2029 (34% of the limit), so it would owe no penalty. From 2030 the limit drops to 717 tons and the same energy use counts as about 409 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 1,962 t CO2e
- Estimated emissions
- 658 t CO2e
- Under the limit by
- 1,304 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 717 t CO2e
- Estimated emissions
- 409 t CO2e
- Under the limit by
- 309 t CO2e
- Estimated penalty a year
- None
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Personal Services (Health/Beauty, Dry Cleaning, etc.) 8,682 SF; Office 246,132 SF; Retail Store 6,160 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 122 Fifth Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 122 Fifth Avenue. In the last two years, interior work was permitted on 6 floors (floors 1 to 6). The newest build-out, on floor 6, was first permitted in September 2026 (construction, mechanical, plumbing, sprinklers, standpipe; filed cost estimate $2.9 million).
- New jobs, last 12 months
- 4
- Initial permits, last 12 months
- 16
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 to 6
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across Union SquareWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.
Landmarks Preservation Commission records
Architecture and history
122 Fifth Avenue was designed by Robert Maynicke and built in 1899-1900 in the neo-Renaissance style. It stands in the Ladies' Mile Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.
- Architect
- Robert Maynicke
- Constructed
- 1899-1900
- Style
- neo-Renaissance
- Primary material
- Limestone
- Built as
- Store and lofts
Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.
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Before you sign
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Questions about 122 Fifth Avenue
How big is 122 Fifth Avenue?
122 Fifth Avenue has about 244,000 square feet of floor area in total, including 223,000 square feet of office and 21,000 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 122 Fifth Avenue built?
The Landmarks Preservation Commission's building records date 122 Fifth Avenue to 1899-1900, designed by Robert Maynicke. The building is 11 floors tall.
Who designed 122 Fifth Avenue?
Robert Maynicke, according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance and its original use as store and lofts.
What other addresses does 122 Fifth Avenue have?
City records list 122-124 Fifth Avenue, 3-9 West 17th Street and 2 West 18th Street on the same tax lot (BBL 1008190039) as 122 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 122 Fifth Avenue?
122 Fifth Avenue 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 122 Fifth Avenue, New York, NY 10011, in Union Square.
What is the zoning at 122 Fifth Avenue?
The lot is in the C6-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 11.28 and a maximum commercial FAR of 10 for this lot. It is inside the Ladies' Mile Historic District, so exterior changes go through the Landmarks Preservation Commission.
What subway station is closest to 122 Fifth Avenue?
The closest subway station to 122 Fifth Avenue is 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 14 St-Union Sq (the 4, 5, 6, L, N, Q, R and W trains), 4 min walk; 23 St (the R and W trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 122 Fifth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 122 FIFTH ASSOC as the owner of record of 122 Fifth Avenue (BBL 1008190039). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 122 Fifth Avenue?
122 Fifth Avenue 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 34 kBtu per square foot, 50% below the national median of 67.4 for a similar property. Its greenhouse gas emissions were about 839 metric tons of CO2e (3.21 kg per square foot).
Does 122 Fifth Avenue meet Local Law 97?
At its 2024 energy use, 122 Fifth Avenue comes to about 658 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,962 tons for 2024 to 2029 (34% of the limit), so it would owe no penalty. From 2030 the limit drops to 717 tons and the same energy use counts as about 409 tons, still under the limit. 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.
Is there construction at 122 Fifth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 122 Fifth Avenue. In the last two years, interior work was permitted on 6 floors (floors 1 to 6). The newest build-out, on floor 6, was first permitted in September 2026 (construction, mechanical, plumbing, sprinklers, standpipe; filed cost estimate $2.9 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1008190039. 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 122 Fifth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $68 million for 122 Fifth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.38 million a year, roughly $30.22 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008190039 show the actual bill.
What is the assessed value of 122 Fifth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 122 Fifth Avenue at $151.1 million ($11.2 million of it land) and its assessed value at $68 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 107% from 2022/23 ($72.9 million) to 2026/27.
Are there vacant storefronts at 122 Fifth Avenue?
Owners registered 5 storefronts at 122 Fifth Avenue for December 31, 2025, 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.
Is there office space for lease at 122 Fifth Avenue?
No space at 122 Fifth Avenue 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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