16 West 39th Street

16 West 39th Street has about 51,000 square feet of floor area in total, including 36,000 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.

City records list 1916 as the year built. The building is 12 floors tall.

City records list 16-18 West 39th Street on the same tax lot (BBL 1008400058) as 16 West 39th Street. A space listed on Leasemark at any of these addresses shows up on this page.

16 West 39th Street 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 16 West 39th Street, New York, NY 10018, in Midtown.

The lot is in the M1-9A/R12 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.8 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 16 West 39th Street is 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), about 850 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Grand Central-42 St (the 4, 5, 6, 7 and S trains), 5 min walk; 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), 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 18 DAGIM LLC as the owner of record of 16 West 39th Street (BBL 1008400058). 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.

16 West 39th Street last sold in June 2024 for $18 million, according to the deed recorded with the city. WEATHERLEY 39TH STREET, LLC sold it to 18 DAGIM LLC. That comes to about $351 per square foot of floor area. The deed is ACRIS document 2024062700881001 (BBL 1008400058) 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.

16 West 39th Street reported an ENERGY STAR score of 98 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 98 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 29.1 kBtu per square foot, less than half the national median of 105.7 for a similar property. Its greenhouse gas emissions were about 114 metric tons of CO2e (2.23 kg per square foot).

At its 2024 energy use, 16 West 39th Street comes to about 80 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 389 tons for 2024 to 2029 (20% of the limit), so it would owe no penalty. From 2030 the limit drops to 138 tons and the same energy use counts as about 64 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 1 job at 16 West 39th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 2, the cellar and the mezzanine). The newest build-out, on the cellar and the roof, was first permitted in May 2026 (sprinklers; filed cost estimate $60,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008400058. 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 $4.84 million for 16 West 39th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $525,585 a year, roughly $10.25 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008400058 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 16 West 39th Street at $11.4 million ($2.89 million of it land) and its assessed value at $5.12 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($10.6 million) to 2026/27.

Owners registered one storefront at 16 West 39th Street for December 31, 2024, the newest annual filing the city has published, and it 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.

No space at 16 West 39th 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.