Office building with commercial space · Harlem, Manhattan
132 East 126th Street
New York, NY 10035
132 East 126th Street is a 6-floor office building with commercial space in Harlem, Manhattan, built in 2008, with about 47,000 square feet of office space according to city records.
Also at 124-132 East 126th Street and 2082-2090 Lexington Avenue.
- Office space
- 47K SF
- Floors
- 6
- Year built
- 2008
- Zoning
- C4-4D
The 16th largest of the 19 office buildings we track in Harlem. Compare it with 6 neighbors
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Compared with its neighbors
How 132 East 126th Street compares
Next to the 6 nearest large office buildings, all within a 11 minute walk, 132 East 126th Street ranks 6th of 7 by office floor area. It went up in 2008; the median neighbor dates from 1987. Its estimated property tax, about $1.44 a square foot of floor area before abatements, is below the neighbors' median of $11.78.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 132 East 126th Street | 47K SF | 6 | 2008 | $1.44 | Jun 2016, $44M |
| 103 East 125th Street | 99K SF | 12 | 1901 | $12.23 | Dec 2023, $56.2M |
| 2226 Third Avenue | 96K SF | 10 | 2022 | $13.40 | n/a |
| 1916 Park Avenue | 107K SF | 6 | 1896 | $11.63 | n/a |
| 55 West 125th Street | 181K SF | 15 | 1974 | $11.78 | Jan 2006, $75M (3 lots) |
| 117 West 124th Street | 43K SF | 6 | 2017 | $5.45 | n/a |
| 105 West 125th Street | 142K SF | 10 | 2001 | Exempt | 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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 124-132 East 126th Street; 2082-2090 Lexington Avenue
- ZIP code
- 10035
- Building type
- Office building with commercial space (city class O5)
- Total floor area
- 58,948 SF
- Commercial floor area
- 58,948 SF
- Office
- 47,458 SF
- Retail
- 11,490 SF
- Height
- 6 floors
- Average floor
- About 9,800 SF (floor area divided by floors)
- Year built
- 2008
- Lot area
- 9,091 SF
- Zoning district
- C4-4D
- Built FAR
- 6.48
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 1017740056
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 132 East 126th Street for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day.
- Storefronts registered for December 31, 2024
- 3
- Vacant that day
- 1
- Share vacant across Harlem
- 11.1%
- Share vacant along Lexington Avenue
- 10.7%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Own or lease out a storefront at 132 East 126th Street? Listing it is free, and it is matched against every active requirement for retail space in Harlem the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. 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 THOR GATEWAY I & II OWNER, LLC as the owner of record. For tax year 2026/27 the city values 132 East 126th Street at $9.94 million and assesses it at $4.47 million. After phase-ins and exemptions its taxable value is $783,945; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $85,042 a year before abatements, roughly $1.44 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
- THOR GATEWAY I & II OWNER, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $9,942,000
- Land market value
- $546,000
- Assessed value
- $4,473,900
- Exemptions
- $3,689,955
- Estimated yearly tax
- About $85,042
- Tax per SF of floor area
- About $1.44
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 2026-10-08; 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.
Own or manage 132 East 126th Street? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
Sales history
132 East 126th Street last sold in June 2016 for $44 million, according to the deed recorded with the city. 126TH STREET VENTURES LLC sold it to THOR GATEWAY I & II, LLC. That comes to about $746 per square foot of floor area.
- Last sale (deed date)
- June 14, 2016
- Price
- $43,987,388
- Price per SF of floor area
- About $746
- Seller
- 126TH STREET VENTURES LLC
- Buyer
- THOR GATEWAY I & II, LLC
- Deed recorded
- July 6, 2016
- ACRIS document
- 2016062002657004
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; 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
132 East 126th Street's 2022 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a 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 37.2 kBtu per square foot, 31% below the national median of 53.6 for a similar property. Its greenhouse gas emissions were about 279 metric tons of CO2e (2.7 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2022)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 37.2 kBtu/SF
- National median for the type
- 53.6 kBtu/SF
- Greenhouse gas emissions
- 279 t CO2e
- Emissions per SF
- 2.7 kg CO2e
- Floor area in the filing
- 102,578 SF
- Tax lots in the filing
- 2
Energy sources in 2022
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 (2022 filing, one filing for 2 tax lots), pulled 2026-10-08; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2022 energy use, 132 East 126th Street comes to about 280 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 801 tons for 2024 to 2029 (35% of the limit), so it would owe no penalty. From 2030 the limit drops to 267 tons and the same energy use counts as about 177 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 801 t CO2e
- Estimated emissions
- 280 t CO2e
- Under the limit by
- 521 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 267 t CO2e
- Estimated emissions
- 177 t CO2e
- Under the limit by
- 90 t CO2e
- Estimated penalty a year
- None
Estimated from the owner's 2022 Local Law 84 filing, which reports energy by source and floor area by use: Restaurant 5,508 SF; Office 69,070 SF; Retail Store 28,000 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. The filing covers 2 tax lots together, so these figures are for the whole property.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
Own or manage 132 East 126th Street? List a space here free and we match it against every active requirement.
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Questions about 132 East 126th Street
How big is 132 East 126th Street?
132 East 126th Street has about 59,000 square feet of floor area in total, including 47,000 square feet of office and 11,000 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 132 East 126th Street built?
City records list 2008 as the year built. The building is 6 floors tall.
What other addresses does 132 East 126th Street have?
City records list 124-132 East 126th Street and 2082-2090 Lexington Avenue on the same tax lot (BBL 1017740056) as 132 East 126th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 132 East 126th Street?
132 East 126th Street is in ZIP code 10035, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 132 East 126th Street, New York, NY 10035, in Harlem.
What is the zoning at 132 East 126th Street?
The lot is in the C4-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 6.48 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 132 East 126th Street?
The closest subway station to 132 East 126th Street is 125 St (the 4, 5 and 6 trains), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 125 St (the 2 and 3 trains), 9 min walk; 116 St (the 6 train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 132 East 126th Street?
The NYC Department of Finance's 2026/27 assessment roll lists THOR GATEWAY I & II OWNER, LLC as the owner of record of 132 East 126th Street (BBL 1017740056). 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 132 East 126th Street last sold?
132 East 126th Street last sold in June 2016 for $44 million, according to the deed recorded with the city. 126TH STREET VENTURES LLC sold it to THOR GATEWAY I & II, LLC. That comes to about $746 per square foot of floor area. The deed is ACRIS document 2016062002657004 (BBL 1017740056) 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 132 East 126th Street have an energy grade?
132 East 126th Street's 2022 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a 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 37.2 kBtu per square foot, 31% below the national median of 53.6 for a similar property. Its greenhouse gas emissions were about 279 metric tons of CO2e (2.7 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
Does 132 East 126th Street meet Local Law 97?
At its 2022 energy use, 132 East 126th Street comes to about 280 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 801 tons for 2024 to 2029 (35% of the limit), so it would owe no penalty. From 2030 the limit drops to 267 tons and the same energy use counts as about 177 tons, still under the limit. This is an estimate from the owner's 2022 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.
What are the property taxes at 132 East 126th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $783,945 for 132 East 126th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $85,042 a year, roughly $1.44 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1017740056 show the actual bill.
What is the assessed value of 132 East 126th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 132 East 126th Street at $9.94 million ($546,000 of it land) and its assessed value at $4.47 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 13% from 2022/23 ($11.4 million) to 2026/27.
Are there vacant storefronts at 132 East 126th Street?
Owners registered 3 storefronts at 132 East 126th Street for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 132 East 126th Street?
No space at 132 East 126th 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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Harlem
Transit hubs in Harlem
- 2 3 at 125 St
- A B C D at 125 St
- Metro-North at Harlem-125 St