Office building with commercial space · Midtown, Manhattan
244 West 54th Street
New York, NY 10019
244 West 54th Street is a 12-floor office building with commercial space in Midtown, Manhattan, built in 1911, with about 111,000 square feet of office space according to city records.
Also at 244-252 West 54th Street.
- Office space
- 111K SF
- Floors
- 12
- Year built
- 1911
- Zoning
- C6-5
The 221st largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How 244 West 54th Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 244 West 54th Street ranks 4th of 7 by office floor area. Built in 1911, it is the oldest of them. Its estimated property tax, about $8.99 a square foot of floor area before abatements, is below the neighbors' median of $15.97.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 244 West 54th Street | 111K SF | 12 | 1911 | $8.99 | Feb 2017, $83.1M |
| 254 West 54th Street | 50K SF | 17 | 1926 | $15.85 | n/a |
| 1697 Broadway | 80K SF | 13 | 1927 | $8.85 | n/a |
| 250 West 55th Street | 820K SF | 40 | 2008 | $31.55 | n/a |
| 1675 Broadway | 740K SF | 35 | 1987 | $22.67 | n/a |
| 245 West 55th Street | 64K SF | 11 | 1914 | $9.58 | Jun 2023, $28.5M |
| 1690 Broadway | 554K SF | 41 | 1968 | $16.09 | Jan 2018, $453M |
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 address
- 244-252 West 54th Street
- ZIP code
- 10019
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 134,441 SF
- Commercial floor area
- 134,441 SF
- Office
- 110,738 SF
- Retail
- 23,703 SF
- Height
- 12 floors
- Average floor
- About 11,200 SF (floor area divided by floors)
- Year built
- 1911
- Last major alteration
- 2018
- Lot area
- 11,750 SF
- Zoning district
- C6-5
- Built FAR
- 11.44
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1010250054
Nearest subway
- 7 Av
- 57 St-7 Av
- 50 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 4 storefronts at 244 West 54th Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 4 stood vacant.
- Storefronts registered for December 31, 2025
- 4
- Vacant that day
- 0
- Share vacant across Midtown
- 14.3%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Midtown? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 WEST 54TH STREET LLC as the owner of record. For tax year 2026/27 the city values 244 West 54th Street at $31.5 million and assesses it at $14.2 million. After phase-ins and exemptions its taxable value is $11.1 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 $1.21 million a year before abatements, roughly $8.99 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
- WEST 54TH STREET LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $31,532,000
- Land market value
- $8,010,000
- Assessed value
- $14,189,400
- Taxable value (phased in)
- $11,136,685
- Estimated yearly tax
- About $1.21 million
- Tax per SF of floor area
- About $8.99
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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 2026-10-16; 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 244 West 54th Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC property records (ACRIS)
Sales history
244 West 54th Street last sold in February 2017 for $83.1 million, according to the deed recorded with the city. ASCOT PROPERTIES LIMITED PARTNERSHIP and ASCOT PROPERTIES OF CONNECTICUT LIMITED sold it to WEST 54TH STREET LLC.
- Last sale (deed date)
- February 9, 2017
- Price
- $83,126,000
- Seller
- ASCOT PROPERTIES LIMITED PARTNERSHIP and ASCOT PROPERTIES OF CONNECTICUT LIMITED
- Buyer
- WEST 54TH STREET LLC
- Deed recorded
- February 15, 2017
- ACRIS document
- 2017021400671001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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 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 244 West 54th Street. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, the facade and the roof, was first permitted in April 2025 (construction, mechanical, plumbing; filed cost estimate $240,000). A sidewalk shed permit here is active until December 9, 2026.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 2
- Newest job first permitted
- October 2025
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1
- Facade and sidewalk jobs, last 24 months
- 3
- Sidewalk shed permit
- Active until Dec 9, 2026
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.
No office space listed in Midtown yet
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Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about 244 West 54th Street
How big is 244 West 54th Street?
244 West 54th Street has about 134,000 square feet of floor area in total, including 111,000 square feet of office and 24,000 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 244 West 54th Street built?
City records list 1911 as the year built, with a major alteration recorded in 2018. The building is 12 floors tall.
What other addresses does 244 West 54th Street have?
City records list 244-252 West 54th Street on the same tax lot (BBL 1010250054) as 244 West 54th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 244 West 54th Street?
244 West 54th Street is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 244 West 54th Street, New York, NY 10019, in Midtown.
What is the zoning at 244 West 54th Street?
The lot is in the C6-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.44 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 244 West 54th Street?
The closest subway station to 244 West 54th Street is 7 Av (the B, D and E trains), about 700 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 57 St-7 Av (the N, Q, R and W trains), 3 min walk; 50 St (the 1 train), 3 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 244 West 54th Street?
The NYC Department of Finance's 2026/27 assessment roll lists WEST 54TH STREET LLC as the owner of record of 244 West 54th Street (BBL 1010250054). 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 244 West 54th Street last sold?
244 West 54th Street last sold in February 2017 for $83.1 million, according to the deed recorded with the city. ASCOT PROPERTIES LIMITED PARTNERSHIP and ASCOT PROPERTIES OF CONNECTICUT LIMITED sold it to WEST 54TH STREET LLC. The deed is ACRIS document 2017021400671001 (BBL 1010250054) 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.
Is there construction at 244 West 54th Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 244 West 54th Street. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, the facade and the roof, was first permitted in April 2025 (construction, mechanical, plumbing; filed cost estimate $240,000). A sidewalk shed permit here is active until December 9, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1010250054. 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 244 West 54th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.1 million for 244 West 54th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.21 million a year, roughly $8.99 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010250054 show the actual bill.
What is the assessed value of 244 West 54th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 244 West 54th Street at $31.5 million ($8.01 million of it land) and its assessed value at $14.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 78% from 2022/23 ($17.7 million) to 2026/27.
Are there vacant storefronts at 244 West 54th Street?
Owners registered 4 storefronts at 244 West 54th Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 4 stood vacant. 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 244 West 54th Street?
No space at 244 West 54th Street is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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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