Office and commercial building · Midtown South, Manhattan

127 West 26th Street

New York, NY 10001

127 West 26th Street is a 12-floor office and commercial building in Midtown South, Manhattan, built in 1912, with about 87,000 square feet of office space according to city records.

Also at 127-133 West 26th Street.

Office space
87K SF
Floors
12
Year built
1912
Zoning
M1-8A/R11

The 93rd largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How 127 West 26th Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 127 West 26th Street ranks 5th of 7 by office floor area. It went up in 1912; the median neighbor dates from 1911. Its estimated property tax, about $8.30 a square foot of floor area before abatements, is below the neighbors' median of $9.24.

127 West 26th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
127 West 26th StreetThis building87K SF121912$8.30
122 West 27th Street1 min walk97K SF121912$7.31
122 West 26th Street1 min walk70K SF121913$8.95
134 West 26th Street1 min walk87K SF121911$8.95
114 West 26th Street1 min walk93K SF121911$12.63
104 West 27th Street1 min walk60K SF121909$10.43
151 West 26th Street1 min walk100K SF121911$9.53
The 93rd largest of the 156 office buildings we track in Midtown South: see the full list

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
127-133 West 26th Street
ZIP code
10001
Building type
Office and commercial building (city class O9)
Total floor area
92,970 SF
Commercial floor area
92,970 SF
Office
86,970 SF
Retail
6,000 SF
Height
12 floors
Average floor
About 7,700 SF (floor area divided by floors)
Year built
1912
Apartments
1
Lot area
8,641 SF
Zoning district
M1-8A/R11
Built FAR
10.76
Max commercial FAR
12
Tax lot (BBL)
1008020022

Nearest subway

  • 28 St3 min walk · Not accessible
  • 23 St4 min walk · Not accessible
  • 23 St4 min walk · Not accessible

Nearby large buildings

All 19 large office buildings on West 26th Street

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 3 storefronts at 127 West 26th Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2024
3
Vacant that day
0
Share vacant across Midtown South
12.7%
Share vacant along West 26th Street
15.9%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 3
  • 20200 of 3
  • 20210 of 3
  • 20222 of 3
  • 20230 of 3
  • 20240 of 3

Bars show the share of the lot's registered storefronts that stood vacant.

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 J A R REALTY COMPANY as the owner of record. For tax year 2026/27 the city values 127 West 26th Street at $15.8 million and assesses it at $7.11 million. After phase-ins and exemptions its taxable value is $7.11 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 $771,830 a year before abatements, roughly $8.30 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
J A R REALTY COMPANY
Tax class
Class 4 (commercial and industrial)
City market value
$15,811,000
Land market value
$3,240,000
Assessed value
$7,114,950
Estimated yearly tax
About $771,830
Tax per SF of floor area
About $8.30

City market value by tax year

  • 2022/23$21.3 million
  • 2023/24$21.7 million
  • 2024/25$21.8 million
  • 2025/26$15.4 million
  • 2026/27$15.8 million

Market value fell 26% from 2022/23 ($21.3 million) to 2026/27.

How Midtown South compares: property tax per SF across NYC neighborhoods

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 energy benchmarking (Local Law 84)

Energy score, grade and emissions

127 West 26th Street reported an ENERGY STAR score of 90 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 56 kBtu per square foot, less than half the national median of 116.9 for a similar property. Its greenhouse gas emissions were about 497 metric tons of CO2e (5 kg per square foot).

ENERGY STAR score (2024)
90 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
56 kBtu/SF
National median for the type
116.9 kBtu/SF
Greenhouse gas emissions
497 t CO2e
Emissions per SF
5 kg CO2e
Floor area in the filing
99,478 SF

ENERGY STAR score by year

  • 2022100 (A)
  • 202490 (A)

Energy sources in 2024

  • Fuel oil65%
  • Electricity35%

Share of the energy used on site, as filed.

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 127 West 26th Street in the 12 months to September 2026; the last one was first permitted in March 2023.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
March 2023
Interior build-outs, last 24 months
0

New jobs by year

  • 20210
  • 20221
  • 20231
  • 20240
  • 20250
  • 2026 to date0

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 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 127 West 26th Street and we match it against every new one automatically.

Before you sign

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All guides

Questions about 127 West 26th Street

How big is 127 West 26th Street?

127 West 26th Street has about 93,000 square feet of floor area in total, including 87,000 square feet of office and 6,000 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 127 West 26th Street built?

City records list 1912 as the year built. The building is 12 floors tall.

What other addresses does 127 West 26th Street have?

City records list 127-133 West 26th Street on the same tax lot (BBL 1008020022) as 127 West 26th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 127 West 26th Street?

127 West 26th 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 127 West 26th Street, New York, NY 10001, in Midtown South.

What is the zoning at 127 West 26th Street?

The lot is in the M1-8A/R11 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.76 and a maximum commercial FAR of 12 for this lot.

What subway station is closest to 127 West 26th Street?

The closest subway station to 127 West 26th Street is 28 St (the 1 train), about 650 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 23 St (the F and M trains), 4 min walk; 23 St (the 1 train), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 127 West 26th Street?

The NYC Department of Finance's 2026/27 assessment roll lists J A R REALTY COMPANY as the owner of record of 127 West 26th Street (BBL 1008020022). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 127 West 26th Street?

127 West 26th Street reported an ENERGY STAR score of 90 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 90 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 56 kBtu per square foot, less than half the national median of 116.9 for a similar property. Its greenhouse gas emissions were about 497 metric tons of CO2e (5 kg per square foot).

Is there construction at 127 West 26th Street?

The Department of Buildings issued no permits for new jobs at 127 West 26th Street in the 12 months to September 2026; the last one was first permitted in March 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1008020022. 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 127 West 26th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.11 million for 127 West 26th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $771,830 a year, roughly $8.30 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008020022 show the actual bill.

What is the assessed value of 127 West 26th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 127 West 26th Street at $15.8 million ($3.24 million of it land) and its assessed value at $7.11 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 26% from 2022/23 ($21.3 million) to 2026/27.

Are there vacant storefronts at 127 West 26th Street?

Owners registered 3 storefronts at 127 West 26th Street for December 31, 2024, 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 127 West 26th Street?

No space at 127 West 26th 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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