Office building with commercial space · Midtown, Manhattan

21 West 46th Street

New York, NY 10036

21 West 46th Street is a 15-floor office building with commercial space in Midtown, Manhattan, built in 1929, with about 69,000 square feet of office space according to city records.

Also at 21-27 West 46th Street.

Office space
69K SF
Floors
15
Year built
1929
Zoning
C6-4.5

The 271st largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 21 West 46th Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 21 West 46th Street ranks 6th of 7 by office floor area. It went up in 1929; the median neighbor dates from 1925. Its estimated property tax, about $10.85 a square foot of floor area before abatements, is below the neighbors' median of $16.61.

21 West 46th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
21 West 46th StreetThis building69K SF151929$10.85Jan 2025, $43M
16 West 47th Street1 min walk103K SF141924$24.16n/a
10 West 46th Street1 min walk65K SF201987$16.08n/a
36 West 47th Street1 min walk91K SF161924$12.36n/a
2 West 46th Street1 min walk99K SF161926$17.14n/a
15 West 47th Street1 min walk113K SF181926$20.77Dec 2020, $110M
25 West 45th Street1 min walk171K SF161913$14.60Apr 2026, $46.9M
The 271st largest of the 315 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); 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
21-27 West 46th Street
ZIP code
10036
Building type
Office building with commercial space (city class O6)
Total floor area
75,008 SF
Commercial floor area
75,008 SF
Office
69,313 SF
Retail
5,695 SF
Height
15 floors
Average floor
About 5,000 SF (floor area divided by floors)
Year built
1929
Lot area
6,719 SF
Zoning district
C6-4.5
Built FAR
11.16
Max commercial FAR
12
Tax lot (BBL)
1012620024

Nearest subway

  • 47-50 Sts-Rockefeller Ctr3 min walk · Accessible station
  • 5 Av4 min walk · Not accessible · connects to 42 St-Bryant Pk
  • Grand Central-42 St6 min walk · Accessible station

Nearby large buildings

All 12 large office buildings on West 46th Street

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 2 storefronts at 21 West 46th Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2024
2
Vacant that day
0
Share vacant across Midtown
14.0%
Share vacant along West 46th Street
5.6%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 3
  • 20200 of 2
  • 20210 of 2
  • 20220 of 2
  • 20230 of 2
  • 20240 of 2

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

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 MARTZ HOLDINGS DE LLC as the owner of record. For tax year 2026/27 the city values 21 West 46th Street at $20.4 million and assesses it at $9.2 million. After phase-ins and exemptions its taxable value is $7.5 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 $813,958 a year before abatements, roughly $10.85 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.

Owner of record
MARTZ HOLDINGS DE LLC
Tax class
Class 4 (commercial and industrial)
City market value
$20,449,000
Land market value
$4,030,000
Assessed value
$9,202,050
Taxable value (phased in)
$7,503,300
Estimated yearly tax
About $813,958
Tax per SF of floor area
About $10.85

City market value by tax year

  • 2022/23$14.9 million
  • 2023/24$15.8 million
  • 2024/25$16.1 million
  • 2025/26$16.2 million
  • 2026/27$20.4 million

Market value rose 38% from 2022/23 ($14.9 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoods

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 property records (ACRIS)

Sales history

21 West 46th Street last sold in January 2025 for $43 million, according to the deed recorded with the city. 21 WEST 46TH STREET LLC sold it to MARTZ HOLDINGS DE LLC. That comes to about $573 per square foot of floor area.

Last sale (deed date)
January 24, 2025
Price
$43,000,000
Price per SF of floor area
About $573
Seller
21 WEST 46TH STREET LLC
Buyer
MARTZ HOLDINGS DE LLC
Deed recorded
January 29, 2025
ACRIS document
2025012600011001
All 71 building sales in Midtown since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

21 West 46th Street reported an ENERGY STAR score of 84 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 47.7 kBtu per square foot, 42% below the national median of 82.9 for a similar property. Its greenhouse gas emissions were about 328 metric tons of CO2e (4.37 kg per square foot).

ENERGY STAR score (2024)
84 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
47.7 kBtu/SF
National median for the type
82.9 kBtu/SF
Greenhouse gas emissions
328 t CO2e
Emissions per SF
4.37 kg CO2e
Floor area in the filing
75,008 SF

ENERGY STAR score by year

  • 202289 (A)
  • 202388 (A)
  • 202484 (B)

Energy sources in 2024

  • Electricity62%
  • Natural gas38%

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 2026-10-02; 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 21 West 46th Street. In the last two years, interior work was permitted on one floor (floor 2 and the cellar). The newest build-out, on floor 2, was first permitted in August 2025 (construction; filed cost estimate $100,000). A sidewalk shed permit here is active until December 22, 2026.

New jobs, last 12 months
3
Initial permits, last 12 months
3
Newest job first permitted
August 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
2, cellar
Facade and sidewalk jobs, last 24 months
3
Sidewalk shed permit
Active until Dec 22, 2026

Recent build-outs

  • Floor 2August 2025Construction; est. $100,000
  • Cellar, sidewalkApril 2025Construction, Structural; est. $26,000; signed off

New jobs by year

  • 20211
  • 20220
  • 20230
  • 20241
  • 20254
  • 2026 to date2

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 21 West 46th Street and we match it against every new one automatically.

Before you sign

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Questions about 21 West 46th Street

How big is 21 West 46th Street?

21 West 46th Street has about 75,000 square feet of floor area in total, including 69,000 square feet of office and 6,000 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 21 West 46th Street built?

City records list 1929 as the year built. The building is 15 floors tall.

What other addresses does 21 West 46th Street have?

City records list 21-27 West 46th Street on the same tax lot (BBL 1012620024) as 21 West 46th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 21 West 46th Street?

21 West 46th Street is in ZIP code 10036, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 21 West 46th Street, New York, NY 10036, in Midtown.

What is the zoning at 21 West 46th Street?

The lot is in the C6-4.5 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.16 and a maximum commercial FAR of 12 for this lot.

What subway station is closest to 21 West 46th Street?

The closest subway station to 21 West 46th Street is 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), about 800 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 4 min walk; Grand Central-42 St (the 4, 5, 6, 7 and S trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 21 West 46th Street?

The NYC Department of Finance's 2026/27 assessment roll lists MARTZ HOLDINGS DE LLC as the owner of record of 21 West 46th Street (BBL 1012620024). 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.

When was 21 West 46th Street last sold?

21 West 46th Street last sold in January 2025 for $43 million, according to the deed recorded with the city. 21 WEST 46TH STREET LLC sold it to MARTZ HOLDINGS DE LLC. That comes to about $573 per square foot of floor area. The deed is ACRIS document 2025012600011001 (BBL 1012620024) 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.

What is the energy grade of 21 West 46th Street?

21 West 46th Street reported an ENERGY STAR score of 84 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 84 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 47.7 kBtu per square foot, 42% below the national median of 82.9 for a similar property. Its greenhouse gas emissions were about 328 metric tons of CO2e (4.37 kg per square foot).

Is there construction at 21 West 46th Street?

In the 12 months to September 2026, the Department of Buildings issued first permits for 3 jobs at 21 West 46th Street. In the last two years, interior work was permitted on one floor (floor 2 and the cellar). The newest build-out, on floor 2, was first permitted in August 2025 (construction; filed cost estimate $100,000). A sidewalk shed permit here is active until December 22, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012620024. 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 21 West 46th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.5 million for 21 West 46th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $813,958 a year, roughly $10.85 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012620024 show the actual bill.

What is the assessed value of 21 West 46th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 21 West 46th Street at $20.4 million ($4.03 million of it land) and its assessed value at $9.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 38% from 2022/23 ($14.9 million) to 2026/27.

Are there vacant storefronts at 21 West 46th Street?

Owners registered 2 storefronts at 21 West 46th Street for December 31, 2024, the newest annual filing the city has published, and none stood 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 21 West 46th Street?

No space at 21 West 46th 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.

1,677 buildings from city records

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