New York Central Building

The Helmsley Building, also known as the New York Central Building, is at 230 Park Avenue, New York, NY 10169, in Grand Central.

The New York Central Building has about 1.2 million square feet of floor area in total, including 1.2 million square feet of office, 35,000 square feet of retail and 0 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the New York Central Building to 1927-1929, designed by Warren & Wetmore. The building is 34 floors tall.

Warren & Wetmore, according to the Landmarks Preservation Commission's building records, which list the style as Beaux-Arts and its original use as an office building.

Yes. The Landmarks Preservation Commission designated the New York Central Building an individual landmark on March 31, 1987 (LP-01297). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

The New York Central Building is at 230 Park Avenue in Grand Central, Manhattan. City records list 61-87 East 45th Street, 60-74 East 46th Street and 61-79 Vanderbilt Avenue on the same tax lot (BBL 1013000001). A space listed on Leasemark at any of these addresses shows up on this page.

230 Park Avenue is in ZIP code 10169, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The New York Central Building is at 230 Park Avenue, New York, NY 10169, in Grand Central.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 17.53 and a maximum commercial FAR of 15 for this lot.

The closest subway station to the New York Central Building is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 950 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 6 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 6 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists RXR HB OWNER LLC as the owner of record of the New York Central Building (BBL 1013000001). 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.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the New York Central Building. 2 public companies report the address as their principal executive office: SENMIAO TECHNOLOGY LTD (VAI) and STONEX GROUP INC. (SNEX). 2 investment managers and funds file 13F holdings reports from the address: GRIFFIN ASSET MANAGEMENT, INC.; and Seven Six Capital Management, LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

The New York Central Building last sold in June 2011 for $760 million, according to the deed recorded with the city. W2007 MONDAY 230 PARK OWNER, LLC sold it to 230 PARK AVENUE HOLDCO, LLC. That comes to about $627 per square foot of floor area. The deed is ACRIS document 2011061300131001 (BBL 1013000001) 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.

The New York Central Building reported an ENERGY STAR score of 83 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 83 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 63.5 kBtu per square foot, 42% below the national median of 109.6 for a similar property. Its greenhouse gas emissions were about 7,055 metric tons of CO2e (5.51 kg per square foot).

At its 2024 energy use, the New York Central Building comes to about 5,036 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 9,875 tons for 2024 to 2029 (51% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,534 tons and the same energy use counts as about 3,507 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 7 jobs at the New York Central Building. In the last two years, interior work was permitted on 4 floors (floors 1, 6, 31 and 32). The newest build-out, on floor 32, was first permitted in March 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $5 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1013000001. 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 $188.4 million for the New York Central Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $20.4 million a year, roughly $16.86 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013000001 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the New York Central Building at $418.7 million ($91.9 million of it land) and its assessed value at $188.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 1% from 2022/23 ($422.2 million) to 2026/27.

Owners registered 12 storefronts at the New York Central Building for December 31, 2025, the newest annual filing the city has published, and 2 of them 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, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

No space at 230 Park Avenue 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.