Office building with commercial space · Midtown South, Manhattan

29th Street Towers

224 West 29th Street, New York, NY 10001

The 29th Street Towers (224 West 29th Street) is a 14-floor office building with commercial space in Midtown South, Manhattan, built in 1926, with about 41,000 square feet of office space according to city records.

Also at 222-226 West 29th Street.

Office space
41K SF
Floors
14
Year built
1926
Zoning
M1-8A/R12

Office space next to its nearest neighbors

  1. 239 West 28th Street1 min walk138K SF
  2. 29th Street Towers1 min walk117K SF
  3. 29th Street TowersThis building41K SF

The 174th largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How the 29th Street Towers compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the 29th Street Towers is the smallest by office floor area. It went up in 1926; the median neighbor dates from 1925. Its estimated property tax, about $8.05 a square foot of floor area before abatements, is above the neighbors' median of $6.83.

The 29th Street Towers and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
29th Street Towers, 224 West 29th StreetThis building41K SF141926$8.05
29th Street Towers, 214 West 29th Street1 min walk117K SF161925$9.94
239 West 28th Street1 min walk138K SF121917$13.76
227 West 29th Street1 min walk52K SF141927$6.64
231 West 29th Street1 min walk135K SF151927$5.66
207 West 28th Street1 min walk52K SF61925$3.80
224 West 30th Street1 min walk133K SF141925$7.03
The 174th largest of the 184 office buildings we track in Midtown South: 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
29th Street Towers
Other address
222-226 West 29th Street
ZIP code
10001
Building type
Office building with commercial space (city class O6)
Total floor area
45,211 SF
Commercial floor area
45,211 SF
Office
40,955 SF
Retail
4,256 SF
Height
14 floors
Average floor
About 3,200 SF (floor area divided by floors)
Year built
1926
Lot area
4,562 SF
Zoning district
M1-8A/R12
Built FAR
9.91
Max commercial FAR
12
Landmark status
Individual landmark
Tax lot (BBL)
1007780052

Nearest subway

  • 28 St2 min walk · Not accessible
  • 34 St-Penn Station5 min walk · Accessible station
  • 23 St5 min walk · Not accessible

Nearby large buildings

All 21 large office buildings on West 29th Street

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 29th Street Towers 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 South
12.7%
Share vacant along West 29th Street
13.9%
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 224 West 29th Street? Listing it is free, and it is matched against every active requirement for retail space in Midtown South 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 WALSAM NEW 29 LLC as the owner of record. For tax year 2026/27 the city values the 29th Street Towers at $7.5 million and assesses it at $3.37 million. After phase-ins and exemptions its taxable value is $3.35 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 $363,894 a year before abatements, roughly $8.05 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
WALSAM NEW 29 LLC
Tax class
Class 4 (commercial and industrial)
City market value
$7,495,000
Land market value
$800,000
Assessed value
$3,372,750
Taxable value (phased in)
$3,354,480
Estimated yearly tax
About $363,894
Tax per SF of floor area
About $8.05

City market value by tax year

  • 2022/23$7.3 million
  • 2023/24$7.05 million
  • 2024/25$7.19 million
  • 2025/26$7.31 million
  • 2026/27$7.5 million

Market value rose 3% from 2022/23 ($7.3 million) to 2026/27.

How Midtown South 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 224 West 29th Street? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

The 29th Street Towers's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, 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 32.1 kBtu per square foot, less than half the national median of 115.2 for a similar property. Its greenhouse gas emissions were about 108 metric tons of CO2e (2.38 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Office
Site energy use intensity
32.1 kBtu/SF
National median for the type
115.2 kBtu/SF
Greenhouse gas emissions
108 t CO2e
Emissions per SF
2.38 kg CO2e
Floor area in the filing
45,211 SF

Energy sources in 2024

  • Fuel oil100%

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, the 29th Street Towers comes to about 108 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 343 tons for 2024 to 2029 (31% of the limit), so it would owe no penalty. From 2030 the limit drops to 122 tons and the same energy use counts as about 108 tons, still under the limit.

Period
2024 to 2029
Emissions limit
343 t CO2e
Estimated emissions
108 t CO2e
Under the limit by
235 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
122 t CO2e
Estimated emissions
108 t CO2e
Under the limit by
14 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 45,211 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 224 West 29th Street? List a space here free and we match it against every active requirement.

Landmarks Preservation Commission records

Architecture and history

The Landmarks Preservation Commission designated the 29th Street Towers a New York City landmark on August 12, 2025.

City landmark
29th Street Towers: individual landmark, designated August 12, 2025 (LP-02689)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites 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 South

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 South yet. These labeled examples show what tenants post. List a space in 224 West 29th 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 29th Street Towers

How big is the 29th Street Towers?

The 29th Street Towers has about 45,000 square feet of floor area in total, including 41,000 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.

When was the 29th Street Towers built?

City records list 1926 as the year built. The building is 14 floors tall.

Is the 29th Street Towers a New York City landmark?

Yes. The Landmarks Preservation Commission designated the 29th Street Towers an individual landmark on August 12, 2025 (LP-02689). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the 29th Street Towers?

The 29th Street Towers is at 224 West 29th Street in Midtown South, Manhattan. City records list 222-226 West 29th Street on the same tax lot (BBL 1007780052). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 224 West 29th Street?

224 West 29th Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The 29th Street Towers is at 224 West 29th Street, New York, NY 10001, in Midtown South.

What is the zoning at the 29th Street Towers?

The lot is in the M1-8A/R12 zoning district. PLUTO lists a built floor area ratio (FAR) of 9.91 and a maximum commercial FAR of 12 for this lot.

What subway station is closest to the 29th Street Towers?

The closest subway station to the 29th Street Towers is 28 St (the 1 train), about 400 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 34 St-Penn Station (the 1, 2 and 3 trains), 5 min walk; 23 St (the C and E trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the 29th Street Towers?

The NYC Department of Finance's 2026/27 assessment roll lists WALSAM NEW 29 LLC as the owner of record of the 29th Street Towers (BBL 1007780052). 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.

Does the 29th Street Towers have an energy grade?

The 29th Street Towers's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, 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 32.1 kBtu per square foot, less than half the national median of 115.2 for a similar property. Its greenhouse gas emissions were about 108 metric tons of CO2e (2.38 kg per square foot).

Does the 29th Street Towers meet Local Law 97?

At its 2024 energy use, the 29th Street Towers comes to about 108 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 343 tons for 2024 to 2029 (31% of the limit), so it would owe no penalty. From 2030 the limit drops to 122 tons and the same energy use counts as about 108 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.

What are the property taxes at the 29th Street Towers?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.35 million for the 29th Street Towers. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $363,894 a year, roughly $8.05 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007780052 show the actual bill.

What is the assessed value of the 29th Street Towers?

For tax year 2026/27, the NYC Department of Finance puts the market value of the 29th Street Towers at $7.5 million ($800,000 of it land) and its assessed value at $3.37 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3% from 2022/23 ($7.3 million) to 2026/27.

Are there vacant storefronts at the 29th Street Towers?

Owners registered one storefront at the 29th Street Towers 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 29th Street Towers?

No space at 224 West 29th 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.

2,180 buildings from city records

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