Office building with commercial space · Garment District, Manhattan

257 West 39th Street

New York, NY 10018

257 West 39th Street is a 16-floor office building with commercial space in the Garment District, Manhattan, built in 1925, with about 166,000 square feet of office space according to city records.

Also at 257-267 West 39th Street.

Office space
166K SF
Floors
16
Year built
1925
Zoning
M1-9A

Office space next to its nearest neighbors

  1. 257 West 39th StreetThis building166K SF
  2. 260 West 39th Street1 min walk146K SF
  3. 251 West 39th Street1 min walk102K SF
  4. 250 West 40th Street1 min walk50K SF

The 48th largest of the 155 office buildings we track in the Garment District. Compare it with 6 neighbors

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Compared with its neighbors

How 257 West 39th Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 257 West 39th Street ranks 3rd of 7 by office floor area. It went up in 1925; the median neighbor dates from 1924. Its estimated property tax, about $5.45 a square foot of floor area before abatements, is below the neighbors' median of $7.85.

257 West 39th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
257 West 39th StreetThis building166K SF161925$5.45n/a
251 West 39th Street1 min walk102K SF171925$5.56Dec 2018, $29.8M
250 West 40th Street1 min walk50K SF141924$5.47n/a
260 West 39th Street1 min walk146K SF181926$6.93n/a
250 West 39th Street1 min walk177K SF171926$10.62Dec 2015, $124M
240 West 40th Street1 min walk128K SF121923$17.07Jul 2018, $105M
231 West 39th Street1 min walk199K SF121911$8.77n/a
The 48th largest of the 155 office buildings we track in the Garment District: 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 address
257-267 West 39th Street
ZIP code
10018
Building type
Office building with commercial space (city class O6)
Total floor area
177,975 SF
Commercial floor area
177,975 SF
Office
165,975 SF
Retail
12,000 SF
Height
16 floors
Average floor
About 11,100 SF (floor area divided by floors)
Year built
1925
Lot area
12,491 SF
Zoning district
M1-9A
Built FAR
14.25
Max commercial FAR
15
Tax lot (BBL)
1007890009

Nearest subway

  • Times Sq-42 St3 min walk · Accessible station · connects to 42 St-Port Authority Bus Terminal
  • 34 St-Penn Station5 min walk · Accessible station
  • 42 St-Bryant Pk6 min walk · Not accessible · connects to 5 Av

Nearby large buildings

All 37 large office buildings on West 39th Street

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 257 West 39th Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
4
Vacant that day
0
Share vacant across the Garment District
13.7%
Share vacant along West 39th Street
8.5%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 4
  • 20200 of 4
  • 20210 of 4
  • 20220 of 4
  • 20230 of 4
  • 20240 of 4
  • 20250 of 4

Bars show the share of the lot's registered storefronts that stood vacant.

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 BERDAR EQUITIES LLC as the owner of record. For tax year 2026/27 the city values 257 West 39th Street at $20.8 million and assesses it at $9.36 million. After phase-ins and exemptions its taxable value is $8.95 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 $970,628 a year before abatements, roughly $5.45 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
BERDAR EQUITIES LLC
Tax class
Class 4 (commercial and industrial)
City market value
$20,802,000
Land market value
$3,310,000
Assessed value
$9,360,900
Taxable value (phased in)
$8,947,530
Estimated yearly tax
About $970,628
Tax per SF of floor area
About $5.45

City market value by tax year

  • 2022/23$18.3 million
  • 2023/24$20.3 million
  • 2024/25$19.2 million
  • 2025/26$20.8 million
  • 2026/27$20.8 million

Market value rose 13% from 2022/23 ($18.3 million) to 2026/27.

How the Garment District compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

257 West 39th Street reported an ENERGY STAR score of 81 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 64.8 kBtu per square foot, 38% below the national median of 104.6 for a similar property. Its greenhouse gas emissions were about 763 metric tons of CO2e (4.29 kg per square foot).

ENERGY STAR score (2024)
81 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
64.8 kBtu/SF
National median for the type
104.6 kBtu/SF
Greenhouse gas emissions
763 t CO2e
Emissions per SF
4.29 kg CO2e
Floor area in the filing
177,975 SF

ENERGY STAR score by year

  • 202383 (B)
  • 202481 (B)

Energy sources in 2024

  • Natural gas79%
  • Electricity21%

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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 257 West 39th Street comes to about 689 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,349 tons for 2024 to 2029 (51% of the limit), so it would owe no penalty. From 2030 the limit drops to 473 tons and the same energy use counts as about 587 tons, about 114 tons over, or an estimated $31,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
1,349 t CO2e
Estimated emissions
689 t CO2e
Under the limit by
660 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
473 t CO2e
Estimated emissions
587 t CO2e
Over the limit by
114 t CO2e
Estimated penalty a year
$31,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 168,075 SF; Retail Store 9,900 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.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 257 West 39th Street? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 257 West 39th Street in the 12 months to October 2026; the last one was first permitted in June 2023.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
June 2023
Interior build-outs, last 24 months
0

New jobs by year

  • 20211
  • 20221
  • 20232
  • 20240
  • 20250
  • 2026 to date0

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 the Garment District yet

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Questions about 257 West 39th Street

How big is 257 West 39th Street?

257 West 39th Street has about 178,000 square feet of floor area in total, including 166,000 square feet of office and 12,000 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 257 West 39th Street built?

City records list 1925 as the year built. The building is 16 floors tall.

What other addresses does 257 West 39th Street have?

City records list 257-267 West 39th Street on the same tax lot (BBL 1007890009) as 257 West 39th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 257 West 39th Street?

257 West 39th Street is in ZIP code 10018, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 257 West 39th Street, New York, NY 10018, in the Garment District.

What is the zoning at 257 West 39th Street?

The lot is in the M1-9A zoning district. PLUTO lists a built floor area ratio (FAR) of 14.25 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 257 West 39th Street?

The closest subway station to 257 West 39th Street is Times Sq-42 St (the 1, 2, 3, 7, N, Q, R, W, S, A, C and E trains, connected to 42 St-Port Authority Bus Terminal), about 750 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 5 min walk; 42 St-Bryant Pk (the B, D, F, M and 7 trains, connected to 5 Av), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 257 West 39th Street?

The NYC Department of Finance's 2026/27 assessment roll lists BERDAR EQUITIES LLC as the owner of record of 257 West 39th Street (BBL 1007890009). 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.

What is the energy grade of 257 West 39th Street?

257 West 39th Street reported an ENERGY STAR score of 81 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 81 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 64.8 kBtu per square foot, 38% below the national median of 104.6 for a similar property. Its greenhouse gas emissions were about 763 metric tons of CO2e (4.29 kg per square foot).

Does 257 West 39th Street meet Local Law 97?

At its 2024 energy use, 257 West 39th Street comes to about 689 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,349 tons for 2024 to 2029 (51% of the limit), so it would owe no penalty. From 2030 the limit drops to 473 tons and the same energy use counts as about 587 tons, about 114 tons over, or an estimated $31,000 a year unless the building cuts its emissions. 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.

Is there construction at 257 West 39th Street?

The Department of Buildings issued no permits for new jobs at 257 West 39th Street in the 12 months to October 2026; the last one was first permitted in June 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1007890009. 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 257 West 39th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.95 million for 257 West 39th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $970,628 a year, roughly $5.45 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007890009 show the actual bill.

What is the assessed value of 257 West 39th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 257 West 39th Street at $20.8 million ($3.31 million of it land) and its assessed value at $9.36 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($18.3 million) to 2026/27.

Are there vacant storefronts at 257 West 39th Street?

Owners registered 4 storefronts at 257 West 39th Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. 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 257 West 39th Street?

No space at 257 West 39th 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.

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