Office building with commercial space · Upper West Side, Manhattan
16 West 61st Street
New York, NY 10023
16 West 61st Street is an 11-floor office building with commercial space in the Upper West Side, Manhattan, built in 1924, with about 96,000 square feet of office space according to city records.
Also at 25 West 60th Street and 16-24 West 61st Street.
- Office space
- 96K SF
- Floors
- 11
- Year built
- 1924
- Zoning
- C4-7
The 11th largest of the 14 office buildings we track in the Upper West Side. Compare it with 6 neighbors
No space at 16 West 61st 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 West 61st Street compares
Next to the 6 nearest large office buildings, all within a 5 minute walk, 16 West 61st Street ranks 6th of 7 by office floor area. It went up in 1924; the median neighbor dates from 1925. Its estimated property tax, about $31.24 a square foot of floor area before abatements, is above the neighbors' median of $22.69.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 16 West 61st Street | 96K SF | 11 | 1924 | $31.24 | n/a |
| 27 West 60th Street | 134K SF | 11 | 1923 | $10.84 | n/a |
| 4 Columbus Circle | 88K SF | 8 | 1987 | $27.26 | Jul 2011, $96.5M |
| 3 Columbus Circle, 241 West 57th Street | 459K SF | 25 | 1927 | $27.00 | n/a |
| United States Rubber Company Building, 1784 Broadway | 189K SF | 20 | 1912 | $23.25 | n/a |
| Hearst Magazine Building, 959 Eighth Avenue | 704K SF | 42 | 1928 | $22.13 | n/a |
| 250 West 57th Street | 393K SF | 26 | 1921 | $19.25 | Jun 2026, $275M |
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 addresses
- 25 West 60th Street; 16-24 West 61st Street
- ZIP code
- 10023
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 113,736 SF
- Commercial floor area
- 113,736 SF
- Office
- 96,236 SF
- Retail
- 17,500 SF
- Height
- 11 floors
- Average floor
- About 10,300 SF (floor area divided by floors)
- Year built
- 1924
- Last major alteration
- 2018
- Lot area
- 11,850 SF
- Zoning district
- C4-7
- Built FAR
- 9.6
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1011130051
Nearest subway
- 59 St-Columbus Circle
- 66 St-Lincoln Center
- 57 St-7 Av
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 16 West 61st Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across the Upper West Side
- 9.5%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in the Upper West Side? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. 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 16 LINCOLN SQUARE as the owner of record. For tax year 2026/27 the city values 16 West 61st Street at $76.3 million and assesses it at $34.3 million. After phase-ins and exemptions its taxable value is $32.8 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 $3.55 million a year before abatements, roughly $31.24 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
- 16 LINCOLN SQUARE
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $76,285,000
- Land market value
- $9,330,000
- Assessed value
- $34,328,250
- Taxable value (phased in)
- $32,754,690
- Estimated yearly tax
- About $3.55 million
- Tax per SF of floor area
- About $31.24
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 2026-10-02; 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 use and emissions
16 West 61st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 72.4 kBtu per square foot, 9% below the national median of 79.2 for a similar property. Its greenhouse gas emissions were about 862 metric tons of CO2e (7.47 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- College/University
- Site energy use intensity
- 72.4 kBtu/SF
- National median for the type
- 79.2 kBtu/SF
- Greenhouse gas emissions
- 862 t CO2e
- Emissions per SF
- 7.47 kg CO2e
- Floor area in the filing
- 115,383 SF
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.
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 2 jobs at 16 West 61st Street. In the last two years, interior work was permitted on 11 floors (floors 1 to 11, the cellar and the underground). The newest build-out, on floor 10 and the cellar, was first permitted in June 2026 (sprinklers; filed cost estimate $91,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 4
- Newest job first permitted
- June 2026
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 1 to 11, cellar, underground
- Facade and sidewalk jobs, last 24 months
- 2
Recent build-outs
New jobs by year
Build-outs across the Upper West SideWhere 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.
Before you sign
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Questions about 16 West 61st Street
How big is 16 West 61st Street?
16 West 61st Street has about 114,000 square feet of floor area in total, including 96,000 square feet of office and 18,000 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 West 61st Street built?
City records list 1924 as the year built, with a major alteration recorded in 2018. The building is 11 floors tall.
What other addresses does 16 West 61st Street have?
City records list 25 West 60th Street and 16-24 West 61st Street on the same tax lot (BBL 1011130051) as 16 West 61st Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 16 West 61st Street?
16 West 61st Street is in ZIP code 10023, 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 61st Street, New York, NY 10023, in the Upper West Side.
What is the zoning at 16 West 61st Street?
The lot is in the C4-7 zoning district. PLUTO lists a built floor area ratio (FAR) of 9.6 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 16 West 61st Street?
The closest subway station to 16 West 61st Street is 59 St-Columbus Circle (the 1, A, B, C and D trains), about 600 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 66 St-Lincoln Center (the 1 train), 5 min walk; 57 St-7 Av (the N, Q, R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 16 West 61st Street?
The NYC Department of Finance's 2026/27 assessment roll lists 16 LINCOLN SQUARE as the owner of record of 16 West 61st Street (BBL 1011130051). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 16 West 61st Street have an energy grade?
16 West 61st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 72.4 kBtu per square foot, 9% below the national median of 79.2 for a similar property. Its greenhouse gas emissions were about 862 metric tons of CO2e (7.47 kg per square foot).
Is there construction at 16 West 61st Street?
In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 16 West 61st Street. In the last two years, interior work was permitted on 11 floors (floors 1 to 11, the cellar and the underground). The newest build-out, on floor 10 and the cellar, was first permitted in June 2026 (sprinklers; filed cost estimate $91,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1011130051. 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 West 61st Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $32.8 million for 16 West 61st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.55 million a year, roughly $31.24 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1011130051 show the actual bill.
What is the assessed value of 16 West 61st Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 16 West 61st Street at $76.3 million ($9.33 million of it land) and its assessed value at $34.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($67.4 million) to 2026/27.
Are there vacant storefronts at 16 West 61st Street?
Owners registered one storefront at 16 West 61st Street for December 31, 2024, the newest annual filing the city has published, and it was not 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.
Is there office space for lease at 16 West 61st Street?
No space at 16 West 61st 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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