Presbyterian Building

The Presbyterian Building has about 185,000 square feet of floor area in total, including 169,000 square feet of office and 15,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the Presbyterian Building to 1894-1895, designed by Rowe & Baker (architect & builder). The building is 14 floors tall.

Rowe & Baker (architect & builder), according to the Landmarks Preservation Commission's building records, which list the style as neo-Romanesque and its original use as an office building.

The Presbyterian Building is at 154 Fifth Avenue in Flatiron, Manhattan. City records list 154-158 Fifth Avenue and 1-3 West 20th Street on the same tax lot (BBL 1008220031). A space listed on Leasemark at any of these addresses shows up on this page.

154 Fifth Avenue is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Presbyterian Building is at 154 Fifth Avenue, New York, NY 10010, in Flatiron.

The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 10.45 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.

The closest subway station to the Presbyterian Building is 23 St (the R and W trains), about 700 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-Baruch College (the 6 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 156 5 AVE CORP as the owner of record of the Presbyterian Building (BBL 1008220031). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Presbyterian Building. One public company reports the address as its principal executive office: NEXENTIS TECHNOLOGIES INC. (NXTS). 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.

The Presbyterian Building reported an ENERGY STAR score of 79 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 79 earns a B. 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 51.8 kBtu per square foot, 37% below the national median of 82 for a similar property. Its greenhouse gas emissions were about 864 metric tons of CO2e (5.43 kg per square foot).

At its 2024 energy use, the Presbyterian Building comes to about 678 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,205 tons for 2024 to 2029 (56% of the limit), so it would owe no penalty. From 2030 the limit drops to 428 tons and the same energy use counts as about 420 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at the Presbyterian Building. In the last two years, interior work was permitted on 2 floors (floors 3 and 4). The newest build-out, on floor 3, was first permitted in April 2026 (mechanical; filed cost estimate $30,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008220031. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $32.2 million for the Presbyterian Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.5 million a year, roughly $18.96 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008220031 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Presbyterian Building at $71.9 million ($10 million of it land) and its assessed value at $32.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 8% from 2022/23 ($78.5 million) to 2026/27.

Owners registered 3 storefronts at the Presbyterian Building 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.

No space at 154 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.