245 West 55th Street

245 West 55th Street has about 64,000 square feet of floor area in total, including 64,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1914 as the year built, with a major alteration recorded in 1989. The building is 11 floors tall.

City records list 245-249 West 55th Street on the same tax lot (BBL 1010270007) as 245 West 55th Street. A space listed on Leasemark at any of these addresses shows up on this page.

245 West 55th 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 245 West 55th Street, New York, NY 10019, in Midtown.

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.54 and a maximum commercial FAR of 10 for this lot.

The closest subway station to 245 West 55th Street is 57 St-7 Av (the N, Q, R and W trains), about 700 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 7 Av (the B, D and E trains), 4 min walk; 59 St-Columbus Circle (the 1, A, B, C and D trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 245 WEST 55TH ST LLC as the owner of record of 245 West 55th Street (BBL 1010270007). 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.

245 West 55th Street last sold in June 2023 for $28.5 million, according to the deed recorded with the city. DU-ART FILM LABORATORIES, INC. sold it to 245 WEST 55TH ST LLC. That comes to about $449 per square foot of floor area. The deed is ACRIS document 2023060700829001 (BBL 1010270007) 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.

In the 12 months to September 2026, the Department of Buildings issued first permits for 5 jobs at 245 West 55th Street. In the last two years, interior work was permitted on 19 floors (floors 1 to 19 and the cellar). The newest build-out, on floors 1 to 19, the cellar, the open space and the roof, was first permitted in January 2025 (construction, mechanical, structural, support of excavation, foundation; filed cost estimate $23 million). A sidewalk shed permit here is active until April 1, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1010270007. 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 $5.61 million for 245 West 55th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $608,199 a year, roughly $9.58 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010270007 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 245 West 55th Street at $12.5 million ($3.62 million of it land) and its assessed value at $5.61 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 4% from 2022/23 ($13 million) to 2026/27.

No space at 245 West 55th 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.