Self-storage building · Harlem, Manhattan

2340 Fifth Avenue

New York, NY 10037

2340 Fifth Avenue is a 3-floor self-storage building in Harlem, Manhattan, built in 1932, with about 48,000 square feet of industrial and storage space according to city records.

Also at 2340-2358 Fifth Avenue, 1-7 West 141st Street and 2-10 West 142nd Street.

Industrial and storage space
48K SF
Floors
3
Year built
1932
Zoning
M1-1

Industrial and storage space next to its nearest neighbors

  1. 51 West 142nd Street2 min walk115K SF
  2. 12 West 142nd Street1 min walk94K SF
  3. 2340 Fifth AvenueThis building48K SF

The 7th largest of the 9 industrial and storage buildings we track in Harlem. Compare it with 6 neighbors

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Compared with its neighbors

How 2340 Fifth Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 18 minute walk, 2340 Fifth Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1932; the median neighbor dates from 1969. Its estimated property tax, about $7.59 a square foot of floor area before abatements, is above the neighbors' median of $6.90.

2340 Fifth Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
2340 Fifth AvenueThis building48K SF31932$7.59Mar 2023, $22.9M (3 lots)
12 West 142nd Street1 min walk94K SF31923$6.32Mar 2023, $22.9M (3 lots)
51 West 142nd Street2 min walk115K SF31921$6.54n/a
119 West 145th Street6 min walk99K SF62020$7.48n/a
122 West 146th Street7 min walk114K SF42015Exemptn/a
2926 Fredrick Douglass Boulevard16 min walk110K SF32021$7.49Jan 2026, $88.3M
157 West 124th Street18 min walk47K SF101902$6.90n/a
The 7th largest of the 9 industrial and storage buildings we track in Harlem: 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
2340-2358 Fifth Avenue; 1-7 West 141st Street; 2-10 West 142nd Street
ZIP code
10037
Building type
Self-storage building (city class E7)
Total floor area
48,107 SF
Commercial floor area
48,107 SF
Industrial and storage
48,107 SF
Height
3 floors
Average floor
About 16,000 SF (floor area divided by floors)
Year built
1932
Last major alteration
2002
Lot area
19,983 SF
Zoning district
M1-1
Built FAR
2.41
Max commercial FAR
1
Tax lot (BBL)
1017390033

Nearest subway

  • 145 St5 min walk · Not accessible
  • 135 St7 min walk · Accessible station
  • Harlem-148 St10 min walk · Accessible station

Nearby large buildings

All 115 large office buildings on Fifth Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; 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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists PRIME STORAGE FIFTH AVENUE HARLEM, LLC as the owner of record. For tax year 2026/27 the city values 2340 Fifth Avenue at $10.1 million and assesses it at $4.53 million. After phase-ins and exemptions its taxable value is $3.37 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 $365,187 a year before abatements, roughly $7.59 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
PRIME STORAGE FIFTH AVENUE HARLEM, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$10,071,000
Land market value
$395,000
Assessed value
$4,531,950
Taxable value (phased in)
$3,834,040
Exemptions
$467,640
Estimated yearly tax
About $365,187
Tax per SF of floor area
About $7.59

City market value by tax year

  • 2022/23$7.78 million
  • 2023/24$8.24 million
  • 2024/25$8.24 million
  • 2025/26$9.05 million
  • 2026/27$10.1 million

Market value rose 29% from 2022/23 ($7.78 million) to 2026/27.

How Harlem 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.

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NYC property records (ACRIS)

Sales history

2340 Fifth Avenue last sold in March 2023 in a $22.9 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. 2350 FIFTH AVENUE CORP. sold it to PRIME STORAGE FIFTH AVENUE HARLEM, LLC.

Last sale (deed date)
March 15, 2023
Combined price
$22,850,000 for 3 tax lots
Seller
2350 FIFTH AVENUE CORP.
Buyer
PRIME STORAGE FIFTH AVENUE HARLEM, LLC
Deed recorded
March 17, 2023
ACRIS document
2023031700237001
All 6 building sales in Harlem since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; 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; a price for several tax lots is the combined price, not this building's alone.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

2340 Fifth Avenue's 2022 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 117.4 kBtu per square foot, 4.7 times the national median of 24.9 for a similar property. Its greenhouse gas emissions were about 388 metric tons of CO2e (8.1 kg per square foot).

ENERGY STAR score (2022)
None given
Property type (Portfolio Manager)
Self-Storage Facility
Site energy use intensity
117.4 kBtu/SF
National median for the type
24.9 kBtu/SF
Greenhouse gas emissions
388 t CO2e
Emissions per SF
8.1 kg CO2e
Floor area in the filing
48,108 SF

Energy sources in 2022

  • Electricity50%
  • Natural gas50%

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 (2022 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 2022 energy use, 2340 Fifth Avenue comes to about 388 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 205 tons for 2024 to 2029: about 184 tons over, an estimated penalty of $49,000 a year. From 2030 the limit drops to 29 tons and the same energy use counts as about 270 tons, about 241 tons over, or an estimated $65,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
205 t CO2e
Estimated emissions
388 t CO2e
Over the limit by
184 t CO2e
Estimated penalty a year
$49,000
Period
2030 to 2034
Emissions limit
29 t CO2e
Estimated emissions
270 t CO2e
Over the limit by
241 t CO2e
Estimated penalty a year
$65,000

Estimated from the owner's 2022 Local Law 84 filing, which reports energy by source and floor area by use: Self-Storage Facility 48,108 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 2340 Fifth Avenue? 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 3 jobs at 2340 Fifth Avenue. In the last two years, interior work was permitted on the ground floor. The newest build-out, on the ground floor, was first permitted in July 2025 (construction, structural; filed cost estimate $231,000).

New jobs, last 12 months
3
Initial permits, last 12 months
5
Newest job first permitted
September 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
Ground floor

Recent build-outs

  • Ground floorJuly 2025Construction, Structural; est. $231,000; signed off

New jobs by year

  • 20210
  • 20222
  • 20230
  • 20243
  • 20251
  • 2026 to date3

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.

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 2340 Fifth Avenue

How big is 2340 Fifth Avenue?

2340 Fifth Avenue has about 48,000 square feet of floor area in total, including 48,000 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.

When was 2340 Fifth Avenue built?

City records list 1932 as the year built, with a major alteration recorded in 2002. The building is 3 floors tall.

What other addresses does 2340 Fifth Avenue have?

City records list 2340-2358 Fifth Avenue, 1-7 West 141st Street and 2-10 West 142nd Street on the same tax lot (BBL 1017390033) as 2340 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 2340 Fifth Avenue?

2340 Fifth Avenue is in ZIP code 10037, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2340 Fifth Avenue, New York, NY 10037, in Harlem.

What is the zoning at 2340 Fifth Avenue?

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.41 and a maximum commercial FAR of 1 for this lot.

What subway station is closest to 2340 Fifth Avenue?

The closest subway station to 2340 Fifth Avenue is 145 St (the 3 train), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: 135 St (the 2 and 3 trains), 7 min walk; Harlem-148 St (the 3 train), 10 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 2340 Fifth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists PRIME STORAGE FIFTH AVENUE HARLEM, LLC as the owner of record of 2340 Fifth Avenue (BBL 1017390033). 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 2340 Fifth Avenue last sold?

2340 Fifth Avenue last sold in March 2023 in a $22.9 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. 2350 FIFTH AVENUE CORP. sold it to PRIME STORAGE FIFTH AVENUE HARLEM, LLC. The deed is ACRIS document 2023031700237001 (BBL 1017390033) 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.

Does 2340 Fifth Avenue have an energy grade?

2340 Fifth Avenue's 2022 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 117.4 kBtu per square foot, 4.7 times the national median of 24.9 for a similar property. Its greenhouse gas emissions were about 388 metric tons of CO2e (8.1 kg per square foot).

Does 2340 Fifth Avenue meet Local Law 97?

At its 2022 energy use, 2340 Fifth Avenue comes to about 388 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 205 tons for 2024 to 2029: about 184 tons over, an estimated penalty of $49,000 a year. From 2030 the limit drops to 29 tons and the same energy use counts as about 270 tons, about 241 tons over, or an estimated $65,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2022 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 2340 Fifth Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at 2340 Fifth Avenue. In the last two years, interior work was permitted on the ground floor. The newest build-out, on the ground floor, was first permitted in July 2025 (construction, structural; filed cost estimate $231,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1017390033. 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 2340 Fifth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.37 million for 2340 Fifth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $365,187 a year, roughly $7.59 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1017390033 show the actual bill.

What is the assessed value of 2340 Fifth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 2340 Fifth Avenue at $10.1 million ($395,000 of it land) and its assessed value at $4.53 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 29% from 2022/23 ($7.78 million) to 2026/27.

Is there industrial and storage space for lease at 2340 Fifth Avenue?

No space at 2340 Fifth 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.

2,180 buildings from city records

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