Office building with commercial space · Midtown, Manhattan

Hampton Shops Building

18 East 50th Street, New York, NY 10022

The Hampton Shops Building (18 East 50th Street) is an 11-floor office building with commercial space in Midtown, Manhattan, built in 1916, with about 41,000 square feet of office space according to city records.

Also at 18-20 East 50th Street.

Office space
41K SF
Floors
11
Year built
1916
Zoning
C5-3

Office space next to its nearest neighbors

  1. 444 Madison Avenue1 min walk387K SF
  2. 611 Fifth Avenue1 min walk378K SF
  3. Hampton Shops BuildingThis building41K SF

The 337th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How the Hampton Shops Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Hampton Shops Building is the smallest by office floor area. Built in 1916, it is the oldest of them. Its estimated property tax, about $15.90 a square foot of floor area before abatements, is below the neighbors' median of $16.94.

The Hampton Shops Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
Hampton Shops Building, 18 East 50th StreetThis building41K SF111916$15.90
444 Madison Avenue1 min walk387K SF421931$20.66
611 Fifth Avenue1 min walk378K SF361924$16.97
424 Madison Avenue1 min walk60K SF151926$14.56
437 Madison Avenue1 min walk789K SF391967$18.60
418 Madison Avenue1 min walk41K SF151927$9.09
Tower 49, 7 East 48th Street1 min walk654K SF451984$16.91
The 337th largest of the 351 office buildings we track in Midtown: see the full list

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). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
Hampton Shops Building
Other address
18-20 East 50th Street
ZIP code
10022
Building type
Office building with commercial space (city class O6)
Total floor area
58,342 SF
Commercial floor area
58,342 SF
Office
40,681 SF
Retail
17,660 SF
Height
11 floors
Average floor
About 5,300 SF (floor area divided by floors)
Year built
1916
Last major alteration
1984
Lot area
5,640 SF
Zoning district
C5-3
Built FAR
10.34
Max commercial FAR
15
Landmark status
Individual landmark
Tax lot (BBL)
1012850059

Nearest subway

  • 5 Av/53 St3 min walk · Not accessible
  • 51 St5 min walk · Accessible station · connects to Lexington Av/53 St
  • 47-50 Sts-Rockefeller Ctr6 min walk · Accessible station

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 the Hampton Shops Building for December 31, 2024, the newest annual filing the city has published, and it stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.

Storefronts registered for December 31, 2024
1
Vacant that day
1
Share vacant across Midtown
14.0%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20191 of 1
  • 20201 of 1
  • 20211 of 1
  • 20221 of 1
  • 20231 of 1
  • 20241 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 18 East 50th Street? Listing it is free, and it is matched against every active requirement for retail space in Midtown the day it goes up.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. 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 PAMELA EQUITIES CORP as the owner of record. For tax year 2026/27 the city values the Hampton Shops Building at $19 million and assesses it at $8.55 million. After phase-ins and exemptions its taxable value is $8.55 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 $927,358 a year before abatements, roughly $15.90 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
PAMELA EQUITIES CORP
Tax class
Class 4 (commercial and industrial)
City market value
$18,997,000
Land market value
$5,970,000
Assessed value
$8,548,650
Estimated yearly tax
About $927,358
Tax per SF of floor area
About $15.90

City market value by tax year

  • 2022/23$20.1 million
  • 2023/24$21.3 million
  • 2024/25$20 million
  • 2025/26$21.5 million
  • 2026/27$19 million

Market value fell 5% from 2022/23 ($20.1 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-08; 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.

Own or manage 18 East 50th Street? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

The Hampton Shops Building reported an ENERGY STAR score of 80 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 52 kBtu per square foot, 38% below the national median of 83.8 for a similar property. Its greenhouse gas emissions were about 288 metric tons of CO2e (4.58 kg per square foot).

ENERGY STAR score (2024)
80 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
52 kBtu/SF
National median for the type
83.8 kBtu/SF
Greenhouse gas emissions
288 t CO2e
Emissions per SF
4.58 kg CO2e
Floor area in the filing
62,775 SF

ENERGY STAR score by year

  • 202267 (C)
  • 202368 (C)
  • 202480 (B)

Energy sources in 2024

  • District steam55%
  • Electricity45%

Share of the energy used on site, as filed.

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 2026-10-08; 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, the Hampton Shops Building comes to about 205 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 476 tons for 2024 to 2029 (43% of the limit), so it would owe no penalty. From 2030 the limit drops to 169 tons and the same energy use counts as about 140 tons, still under the limit.

Period
2024 to 2029
Emissions limit
476 t CO2e
Estimated emissions
205 t CO2e
Under the limit by
271 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
169 t CO2e
Estimated emissions
140 t CO2e
Under the limit by
29 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 62,775 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

Own or manage 18 East 50th Street? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at the Hampton Shops Building. In the last two years, interior work was permitted on 3 floors (floors 5, 7 and 8). The newest build-out, on floors 7 and 8, was first permitted in September 2026 (construction, plumbing; filed cost estimate $120,000).

New jobs, last 12 months
1
Initial permits, last 12 months
2
Newest job first permitted
September 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
5, 7 and 8

Recent build-outs

  • Floors 7 and 8September 2026Construction, Plumbing; est. $120,000
  • Floor 5January 2025Construction, Mechanical, Plumbing; 3 jobs; est. $320,000; signed off

New jobs by year

  • 20215
  • 20221
  • 20230
  • 20240
  • 20253
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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

Architecture and history

The Hampton Shops Building was designed by Rouse & Goldstone and Joseph L. Steinam and built in 1915-1916. The Landmarks Preservation Commission designated it a New York City landmark on November 22, 2016.

Architect
Rouse & Goldstone and Joseph L. Steinam
Constructed
1915-1916
Style
neo-Gothic / Perpendicular Gothic
Primary material
Terra cotta
Built as
Office building
City landmark
Hampton Shops Building: individual landmark, designated November 22, 2016 (LP-02580)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-08. A designation can cover part of a lot, such as a facade or a lobby interior.

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 18 East 50th Street and we match it against every new one automatically.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about Hampton Shops Building

How big is the Hampton Shops Building?

The Hampton Shops Building has about 58,000 square feet of floor area in total, including 41,000 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 the Hampton Shops Building built?

The Landmarks Preservation Commission's building records date the Hampton Shops Building to 1915-1916, designed by Rouse & Goldstone and Joseph L. Steinam. The building is 11 floors tall.

Who designed the Hampton Shops Building?

Rouse & Goldstone and Joseph L. Steinam, according to the Landmarks Preservation Commission's building records, which list the style as neo-Gothic / Perpendicular Gothic and its original use as an office building.

Is the Hampton Shops Building a New York City landmark?

Yes. The Landmarks Preservation Commission designated the Hampton Shops Building an individual landmark on November 22, 2016 (LP-02580). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the Hampton Shops Building?

The Hampton Shops Building is at 18 East 50th Street in Midtown, Manhattan. City records list 18-20 East 50th Street on the same tax lot (BBL 1012850059). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 18 East 50th Street?

18 East 50th 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 Hampton Shops Building is at 18 East 50th Street, New York, NY 10022, in Midtown.

What is the zoning at the Hampton Shops Building?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.34 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Hampton Shops Building?

The closest subway station to the Hampton Shops Building is 5 Av/53 St (the E and F trains), about 900 feet away in a straight line, roughly 3 minutes 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.

Who owns the Hampton Shops Building?

The NYC Department of Finance's 2026/27 assessment roll lists PAMELA EQUITIES CORP as the owner of record of the Hampton Shops Building (BBL 1012850059). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of the Hampton Shops Building?

The Hampton Shops Building reported an ENERGY STAR score of 80 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 80 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 52 kBtu per square foot, 38% below the national median of 83.8 for a similar property. Its greenhouse gas emissions were about 288 metric tons of CO2e (4.58 kg per square foot).

Does the Hampton Shops Building meet Local Law 97?

At its 2024 energy use, the Hampton Shops Building comes to about 205 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 476 tons for 2024 to 2029 (43% of the limit), so it would owe no penalty. From 2030 the limit drops to 169 tons and the same energy use counts as about 140 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.

Is there construction at the Hampton Shops Building?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at the Hampton Shops Building. In the last two years, interior work was permitted on 3 floors (floors 5, 7 and 8). The newest build-out, on floors 7 and 8, was first permitted in September 2026 (construction, plumbing; filed cost estimate $120,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012850059. 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 the Hampton Shops Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.55 million for the Hampton Shops Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $927,358 a year, roughly $15.90 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012850059 show the actual bill.

What is the assessed value of the Hampton Shops Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Hampton Shops Building at $19 million ($5.97 million of it land) and its assessed value at $8.55 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 5% from 2022/23 ($20.1 million) to 2026/27.

Are there vacant storefronts at the Hampton Shops Building?

Owners registered one storefront at the Hampton Shops Building for December 31, 2024, the newest annual filing the city has published, and it stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. 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.

Is there office space for lease at the Hampton Shops Building?

No space at 18 East 50th 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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