Office building · Garment District, Manhattan

1411 Broadway

New York, NY 10018

1411 Broadway is a 42-floor office building in the Garment District, Manhattan, built in 1969, with about 1 million square feet of office space according to city records.

Also at 1411-1429 Broadway, 545-559 Seventh Avenue, 131-151 West 39th Street and 136-150 West 40th Street.

Office space
1.0M SF
Floors
42
Year built
1969
Zoning
C5-3

Office space next to its nearest neighbors

  1. 1411 BroadwayThis building1.0M SF
  2. 1407 Broadway1 min walk881K SF
  3. 550 Seventh Avenue1 min walk215K SF
  4. 561 Seventh Avenue1 min walk67K SF

The 3rd largest of the 155 office buildings we track in the Garment District. Compare it with 6 neighbors

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Compared with its neighbors

How 1411 Broadway compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 1411 Broadway is the largest by office floor area. Built in 1969, it is the newest of them. Its estimated property tax, about $15.60 a square foot of floor area before abatements, is above the neighbors' median of $13.56.

1411 Broadway and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
1411 BroadwayThis building1.0M SF421969$15.60
561 Seventh Avenue1 min walk67K SF211925$14.02
1407 Broadway1 min walk881K SF431950$14.47
550 Seventh Avenue1 min walk215K SF231924$11.66
525 Seventh Avenue1 min walk396K SF221925$14.09
1441 Broadway1 min walk451K SF331929$12.38
1430 Broadway1 min walk352K SF221954$13.09
The 3rd largest of the 155 office buildings we track in the Garment District: 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
1411-1429 Broadway; 545-559 Seventh Avenue; 131-151 West 39th Street; 136-150 West 40th Street
ZIP code
10018
Building type
Office building (city class O4)
Total floor area
1,088,074 SF
Commercial floor area
1,088,074 SF
Office
1,042,920 SF
Retail
42,780 SF
Height
42 floors
Average floor
About 25,900 SF (floor area divided by floors)
Year built
1969
Last major alteration
2016
Lot area
50,765 SF
Zoning district
C5-3
Built FAR
21.43
Max commercial FAR
15
Tax lot (BBL)
1008150001

Nearest subway

  • Times Sq-42 St1 min walk · Accessible station · connects to 42 St-Port Authority Bus Terminal
  • 42 St-Bryant Pk3 min walk · Not accessible · connects to 5 Av
  • 34 St-Herald Sq6 min walk · Accessible station

Nearby large buildings

All 168 large office buildings on Broadway

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 7 storefronts at 1411 Broadway for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.

Storefronts registered for December 31, 2025
7
Vacant that day
3
Share vacant here
42.9%
Share vacant across the Garment District
13.7%
Share vacant along Broadway
12.0%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20191 of 7
  • 20201 of 7
  • 20212 of 7
  • 20222 of 7
  • 20233 of 5
  • 20243 of 7
  • 20253 of 7

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

Own or lease out a storefront at 1411 Broadway? Listing it is free, and it is matched against every active requirement for retail space in the Garment District the day it goes up.

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 1411 IC-SIC PROPERTY LLC as the owner of record. For tax year 2026/27 the city values 1411 Broadway at $364.3 million and assesses it at $163.9 million. After phase-ins and exemptions its taxable value is $156.5 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 $17 million a year before abatements, roughly $15.60 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
1411 IC-SIC PROPERTY LLC
Tax class
Class 4 (commercial and industrial)
City market value
$364,329,000
Land market value
$160,000,000
Assessed value
$163,948,050
Taxable value (phased in)
$156,510,860
Estimated yearly tax
About $17 million
Tax per SF of floor area
About $15.60

City market value by tax year

  • 2022/23$307.7 million
  • 2023/24$365.9 million
  • 2024/25$361.1 million
  • 2025/26$353.4 million
  • 2026/27$364.3 million

Market value rose 18% from 2022/23 ($307.7 million) to 2026/27.

How the Garment District compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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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SEC filings (EDGAR)

Companies with offices here

One investment manager gives 1411 Broadway as its office address in SEC filings.

Investment manager

Office address on their latest 13F holdings report

  • Praesidium Investment Management Company, LLC13F, Aug 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

1411 Broadway reported an ENERGY STAR score of 87 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 53.5 kBtu per square foot, 48% below the national median of 102 for a similar property. Its greenhouse gas emissions were about 5,430 metric tons of CO2e (4.94 kg per square foot).

ENERGY STAR score (2024)
87 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
53.5 kBtu/SF
National median for the type
102 kBtu/SF
Greenhouse gas emissions
5,430 t CO2e
Emissions per SF
4.94 kg CO2e
Floor area in the filing
1,100,001 SF
ENERGY STAR certified
2002, 2003, 2013, 2014, 2015, 2017, 2018, 2021, 2022, 2023

ENERGY STAR score by year

  • 202279 (B)
  • 202380 (B)
  • 202487 (A)

Energy sources in 2024

  • Electricity53%
  • District steam47%

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 2026-10-16; 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.

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 38 jobs at 1411 Broadway. In the last two years, interior work was permitted on 21 floors (floors 1, 6, 7, 9, 10, 18 to 22, 26 to 28, 30, 32 and 38 to 43, the cellar, the ground floor and the sub-cellar). The newest build-out, on floor 43 and the roof, was first permitted in September 2026 (structural; filed cost estimate $6.8 million).

New jobs, last 12 months
38
Initial permits, last 12 months
49
Newest job first permitted
October 2026
Interior build-outs, last 24 months
25
Floors with interior work, last 24 months
1, 6, 7, 9, 10, 18 to 22, 26 to 28, 30, 32 and 38 to 43, cellar, ground floor, sub-cellar
Facade and sidewalk jobs, last 24 months
6

Recent build-outs

  • Floor 43, roofSeptember 2026Structural; est. $6.8 million
  • Floor 1, cellar, sub-cellarJuly 2026Construction, Structural; est. $302,000
  • Floors 40 to 43, roofJuly 2026Mechanical; est. $1.6 million
  • Floors 40 and 41, roofJuly 2026Sprinklers, Standpipe; est. $290,000
  • Floors 40 and 41July 2026Plumbing; est. $1.6 million
  • Floors 18 and 43, roofJune 2026Construction; est. $5.3 million

The newest 6 of 25 in the last 24 months.

New jobs by year

  • 20215
  • 202227
  • 202326
  • 202417
  • 202531
  • 2026 to date31

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.

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Questions about 1411 Broadway

How big is 1411 Broadway?

1411 Broadway has about 1.1 million square feet of floor area in total, including 1 million square feet of office and 43,000 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 1411 Broadway built?

City records list 1969 as the year built, with a major alteration recorded in 2016. The building is 42 floors tall.

What other addresses does 1411 Broadway have?

City records list 1411-1429 Broadway, 545-559 Seventh Avenue, 131-151 West 39th Street and 136-150 West 40th Street on the same tax lot (BBL 1008150001) as 1411 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 1411 Broadway?

1411 Broadway 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 1411 Broadway, New York, NY 10018, in the Garment District.

What is the zoning at 1411 Broadway?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 21.43 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 1411 Broadway?

The closest subway station to 1411 Broadway is 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), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 42 St-Bryant Pk (the B, D, F, M and 7 trains, connected to 5 Av), 3 min walk; 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 1411 Broadway?

The NYC Department of Finance's 2026/27 assessment roll lists 1411 IC-SIC PROPERTY LLC as the owner of record of 1411 Broadway (BBL 1008150001). 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.

Who are the tenants at 1411 Broadway?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 1411 Broadway. One investment manager files 13F holdings reports from the address: Praesidium Investment Management Company, LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

What is the energy grade of 1411 Broadway?

1411 Broadway reported an ENERGY STAR score of 87 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 87 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 53.5 kBtu per square foot, 48% below the national median of 102 for a similar property. Its greenhouse gas emissions were about 5,430 metric tons of CO2e (4.94 kg per square foot).

Is there construction at 1411 Broadway?

In the 12 months to October 2026, the Department of Buildings issued first permits for 38 jobs at 1411 Broadway. In the last two years, interior work was permitted on 21 floors (floors 1, 6, 7, 9, 10, 18 to 22, 26 to 28, 30, 32 and 38 to 43, the cellar, the ground floor and the sub-cellar). The newest build-out, on floor 43 and the roof, was first permitted in September 2026 (structural; filed cost estimate $6.8 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1008150001. 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 1411 Broadway?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $156.5 million for 1411 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $17 million a year, roughly $15.60 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008150001 show the actual bill.

What is the assessed value of 1411 Broadway?

For tax year 2026/27, the NYC Department of Finance puts the market value of 1411 Broadway at $364.3 million ($160 million of it land) and its assessed value at $163.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($307.7 million) to 2026/27.

Are there vacant storefronts at 1411 Broadway?

Owners registered 7 storefronts at 1411 Broadway for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 1411 Broadway?

No space at 1411 Broadway 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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