Want · Office
Law firm relocation near Grand Central
Posted by a tenant rep broker · Legal
- Where
- Grand Central, Midtown
- Size
- 7,000 to 10,000 SF
- Budget
- to $110/SF
- Move in
- May 2027
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Office building with commercial space · Midtown, Manhattan
16 East 52nd Street
New York, NY 10022
16 East 52nd Street is a 16-floor office building with commercial space in Midtown, Manhattan, built in 1927, with about 82,000 square feet of office space according to city records.
Also at 16-20 East 52nd Street.
- Office space
- 82K SF
- Floors
- 16
- Year built
- 1927
- Zoning
- C5-3
The 256th largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors
No space at 16 East 52nd Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 16 East 52nd Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 16 East 52nd Street is the smallest by office floor area. Built in 1927, it is the oldest of them. Its estimated property tax, about $13.69 a square foot of floor area before abatements, is below the neighbors' median of $20.05.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 16 East 52nd Street | 82K SF | 16 | 1927 | $13.69 | n/a |
| Look Building, 488 Madison Avenue | 235K SF | 23 | 1950 | $11.98 | n/a |
| 10 East 53rd Street | 361K SF | 38 | 1971 | $21.82 | Aug 2026, $310M |
| 485 Madison Avenue | 235K SF | 24 | 1929 | $13.54 | n/a |
| 510 Madison Avenue | 283K SF | 30 | 2007 | $41.09 | n/a |
| 503 Madison Avenue | 158K SF | 30 | 1929 | $19.00 | n/a |
| 477 Madison Avenue | 251K SF | 23 | 1954 | $21.10 | Jun 2019, $155M |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 16-20 East 52nd Street
- ZIP code
- 10022
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 90,816 SF
- Commercial floor area
- 90,816 SF
- Office
- 82,202 SF
- Retail
- 8,614 SF
- Height
- 16 floors
- Average floor
- About 5,700 SF (floor area divided by floors)
- Year built
- 1927
- Last major alteration
- 1990
- Lot area
- 7,531 SF
- Zoning district
- C5-3
- Built FAR
- 12.06
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1012870058
Nearest subway
- 5 Av/53 St
- 51 St
- 47-50 Sts-Rockefeller Ctr
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 Department of Finance records
Property tax and assessed value
For tax year 2026/27 the city values 16 East 52nd Street at $25.6 million and assesses it at $11.5 million. After phase-ins and exemptions its taxable value is $11.5 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 $1.24 million a year before abatements, roughly $13.69 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.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $25,629,000
- Land market value
- $10,300,000
- Assessed value
- $11,533,050
- Taxable value (phased in)
- $11,459,070
- Estimated yearly tax
- About $1.24 million
- Tax per SF of floor area
- About $13.69
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), 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
16 East 52nd Street reported an ENERGY STAR score of 94 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 49.7 kBtu per square foot, 40% below the national median of 83.4 for a similar property. Its greenhouse gas emissions were about 491 metric tons of CO2e (5.4 kg per square foot).
- ENERGY STAR score (2024)
- 94 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Medical Office
- Site energy use intensity
- 49.7 kBtu/SF
- National median for the type
- 83.4 kBtu/SF
- Greenhouse gas emissions
- 491 t CO2e
- Emissions per SF
- 5.4 kg CO2e
- Floor area in the filing
- 90,816 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 2026-10-02; 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
In the 12 months to September 2026, the Department of Buildings issued first permits for 3 jobs at 16 East 52nd Street. In the last two years, interior work was permitted on 16 floors (floors 1 to 16). The newest build-out, on floor 2, was first permitted in July 2026 (construction, plumbing, sprinklers; filed cost estimate $213,000).
- New jobs, last 12 months
- 3
- Initial permits, last 12 months
- 11
- Newest job first permitted
- August 2026
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 1 to 16
- Facade and sidewalk jobs, last 24 months
- 2
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
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
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 yet. These labeled examples show what tenants post. List a space in 16 East 52nd Street and we match it against every new one automatically.
Want · Office
Hedge fund, Hudson Yards or Plaza
Posted by a tenant rep broker · Finance
- Where
- Hudson Yards, Midtown
- Size
- 15,000 to 22,000 SF
- Budget
- to $140/SF
- Move in
- Jul 2027
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Questions about 16 East 52nd Street
How big is 16 East 52nd Street?
16 East 52nd Street has about 91,000 square feet of floor area in total, including 82,000 square feet of office and 9,000 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 16 East 52nd Street built?
City records list 1927 as the year built, with a major alteration recorded in 1990. The building is 16 floors tall.
What other addresses does 16 East 52nd Street have?
City records list 16-20 East 52nd Street on the same tax lot (BBL 1012870058) as 16 East 52nd Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 16 East 52nd Street?
16 East 52nd Street is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 16 East 52nd Street, New York, NY 10022, in Midtown.
What is the zoning at 16 East 52nd Street?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.06 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 16 East 52nd Street?
The closest subway station to 16 East 52nd Street is 5 Av/53 St (the E and F trains), about 400 feet away in a straight line, roughly 1 minute on foot. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 5 min walk; 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
What is the energy grade of 16 East 52nd Street?
16 East 52nd Street reported an ENERGY STAR score of 94 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 94 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 49.7 kBtu per square foot, 40% below the national median of 83.4 for a similar property. Its greenhouse gas emissions were about 491 metric tons of CO2e (5.4 kg per square foot).
Is there construction at 16 East 52nd Street?
In the 12 months to September 2026, the Department of Buildings issued first permits for 3 jobs at 16 East 52nd Street. In the last two years, interior work was permitted on 16 floors (floors 1 to 16). The newest build-out, on floor 2, was first permitted in July 2026 (construction, plumbing, sprinklers; filed cost estimate $213,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012870058. 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 16 East 52nd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.5 million for 16 East 52nd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.24 million a year, roughly $13.69 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012870058 show the actual bill.
What is the assessed value of 16 East 52nd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 16 East 52nd Street at $25.6 million ($10.3 million of it land) and its assessed value at $11.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 2% from 2022/23 ($26.2 million) to 2026/27.
Is there office space for lease at 16 East 52nd Street?
No space at 16 East 52nd 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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