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
Office building with commercial space · Midtown, Manhattan
New York, NY 10019
1697 Broadway is a 13-floor office building with commercial space in Midtown, Manhattan, built in 1927, with about 80,000 square feet of office space according to city records.
Also at 1697-1699 Broadway and 213-223 West 53rd Street.
The 261st largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors
No space at 1697 Broadway 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
Next to the 6 nearest large office buildings, all within a 2 minute walk, 1697 Broadway ranks 6th of 7 by office floor area. It went up in 1927; the median neighbor dates from 1968. Its estimated property tax, about $8.85 a square foot of floor area before abatements, is below the neighbors' median of $15.97.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1697 Broadway | 80K SF | 13 | 1927 | $8.85 | n/a |
| 244 West 54th Street | 111K SF | 12 | 1911 | $8.99 | Feb 2017, $83.1M |
| 254 West 54th Street | 50K SF | 17 | 1926 | $15.85 | n/a |
| 1675 Broadway | 740K SF | 35 | 1987 | $22.67 | n/a |
| 1690 Broadway | 554K SF | 41 | 1968 | $16.09 | Jan 2018, $453M |
| 1680 Broadway | 638K SF | 41 | 1969 | $14.72 | Jan 2007, $519M |
| 250 West 55th Street | 820K SF | 40 | 2008 | $31.55 | n/a |
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
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
The Department of Finance lists CBS INC as the owner of record. For tax year 2026/27 the city values 1697 Broadway at $19.3 million and assesses it at $8.69 million. After phase-ins and exemptions its taxable value is $7.84 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 $850,443 a year before abatements, roughly $8.85 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.
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)
1697 Broadway's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 197.9 kBtu per square foot, 4.2 times the national median of 46.6 for a similar property. Its greenhouse gas emissions were about 2,205 metric tons of CO2e (20.81 kg per square foot).
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
The Department of Buildings issued no permits for new jobs at 1697 Broadway in the 12 months to September 2026; the last one was first permitted in January 2021.
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.
Landmarks Preservation Commission records
The Landmarks Preservation Commission designated Hammerstein's Theater, now the Ed Sullivan Theater, on this tax lot, an interior landmark on January 5, 1988.
Source: NYC Landmarks Preservation Commission, Designated and Calendared Buildings and Sites on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
No live requirements for office space in Midtown yet. These labeled examples show what tenants post. List a space in 1697 Broadway and we match it against every new one automatically.
Posted by a tenant rep broker · Legal
Posted by a tenant rep broker · Finance
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1697 Broadway has about 96,000 square feet of floor area in total, including 80,000 square feet of office and 4,000 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 1927 as the year built. The building is 13 floors tall.
The tax lot at 1697 Broadway includes Hammerstein's Theater, now the Ed Sullivan Theater, an interior landmark designated January 5, 1988 (LP-01381). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Landmarks Preservation Commission.
City records list 1697-1699 Broadway and 213-223 West 53rd Street on the same tax lot (BBL 1010250043) as 1697 Broadway. A space listed on Leasemark at any of these addresses shows up on this page.
1697 Broadway is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1697 Broadway, New York, NY 10019, in Midtown.
The lot is in the C6-7 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.48 and a maximum commercial FAR of 15 for this lot.
The closest subway station to 1697 Broadway is 7 Av (the B, D and E trains), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 57 St-7 Av (the N, Q, R and W trains), 3 min walk; 50 St (the 1 train), 3 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists CBS INC as the owner of record of 1697 Broadway (BBL 1010250043). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
1697 Broadway's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 197.9 kBtu per square foot, 4.2 times the national median of 46.6 for a similar property. Its greenhouse gas emissions were about 2,205 metric tons of CO2e (20.81 kg per square foot).
The Department of Buildings issued no permits for new jobs at 1697 Broadway in the 12 months to September 2026; the last one was first permitted in January 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 1010250043. 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 $7.84 million for 1697 Broadway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $850,443 a year, roughly $8.85 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010250043 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 1697 Broadway at $19.3 million ($5.73 million of it land) and its assessed value at $8.69 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 20% from 2022/23 ($16.1 million) to 2026/27.
No space at 1697 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.
1,677 buildings from city records
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.