Office building with commercial space · Flatiron, Manhattan

Spinning Wheel Building

3 West 22nd Street, New York, NY 10010

The Spinning Wheel Building (3 West 22nd Street) is a 10-floor office building with commercial space in Flatiron, Manhattan, built in 1901, with about 81,000 square feet of office space according to city records.

Also at 3-7 West 22nd Street.

Office space
81K SF
Floors
10
Year built
1901
Zoning
C6-4M

The 54th largest of the 75 office buildings we track in Flatiron. Compare it with 6 neighbors

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Compared with its neighbors

How the Spinning Wheel Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Spinning Wheel Building is the smallest by office floor area. Built in 1901, it is the oldest of them. Its estimated property tax, about $11.96 a square foot of floor area before abatements, is close to the neighbors' median of $12.03.

The Spinning Wheel Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
Spinning Wheel Building, 3 West 22nd StreetThis building81K SF101901$11.96
40 West 23rd Street1 min walk360K SF121911$28.89
15 West 21st Street1 min walk117K SF121910$10.52
Taylor Building, 20 West 22nd Street1 min walk144K SF161911$13.29
162 Fifth Avenue1 min walk92K SF121930$5.65
Flatiron Building, 171 Fifth Avenue1 min walk175K SF211903$13.47
Spero Building, 19 West 21st Street1 min walk103K SF121908$10.78
The 54th largest of the 75 office buildings we track in Flatiron: 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). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
Spinning Wheel Building
Other address
3-7 West 22nd Street
ZIP code
10010
Building type
Office building with commercial space (city class O6)
Total floor area
88,499 SF
Commercial floor area
88,499 SF
Office
80,999 SF
Retail
7,500 SF
Height
10 floors
Average floor
About 8,900 SF (floor area divided by floors)
Year built
1901
Last major alteration
2013
Lot area
8,098 SF
Zoning district
C6-4M
Built FAR
10.93
Max commercial FAR
10
Historic district
Ladies' Mile Historic District
Tax lot (BBL)
1008240032

Nearest subway

  • 23 St1 min walk · Not accessible
  • 23 St3 min walk · Not accessible
  • 23 St-Baruch College5 min walk · Accessible station

Nearby large buildings

All 11 large office buildings on West 22nd Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 one storefront at the Spinning Wheel Building for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Flatiron
13.5%
Share vacant along West 22nd Street
4.0%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20191 of 2
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

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 2024, pulled 2026-10-02. 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 2024 filing was due June 3, 2025, 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 CHAND REALTY ASSOC as the owner of record. For tax year 2026/27 the city values the Spinning Wheel Building at $22.3 million and assesses it at $10 million. After phase-ins and exemptions its taxable value is $9.75 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 $1.06 million a year before abatements, roughly $11.96 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
CHAND REALTY ASSOC
Tax class
Class 4 (commercial and industrial)
City market value
$22,271,000
Land market value
$6,000,000
Assessed value
$10,021,950
Taxable value (phased in)
$9,753,030
Estimated yearly tax
About $1.06 million
Tax per SF of floor area
About $11.96

City market value by tax year

  • 2022/23$20.4 million
  • 2023/24$21.7 million
  • 2024/25$21.8 million
  • 2025/26$22.2 million
  • 2026/27$22.3 million

Market value rose 9% from 2022/23 ($20.4 million) to 2026/27.

How Flatiron compares: property tax per SF across NYC neighborhoods

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 2026-10-02; 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.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

The Spinning Wheel Building reported an ENERGY STAR score of 86 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 50.5 kBtu per square foot, 47% below the national median of 94.4 for a similar property. Its greenhouse gas emissions were about 365 metric tons of CO2e (4.48 kg per square foot).

ENERGY STAR score (2024)
86 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
50.5 kBtu/SF
National median for the type
94.4 kBtu/SF
Greenhouse gas emissions
365 t CO2e
Emissions per SF
4.48 kg CO2e
Floor area in the filing
81,527 SF

ENERGY STAR score by year

  • 202281 (B)
  • 202394 (A)
  • 202486 (A)

Energy sources in 2024

  • Fuel oil65%
  • Electricity35%

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 2026-10-02; 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.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at the Spinning Wheel Building. In the last two years, interior work was permitted on one floor (floor 3). The newest build-out, on floor 3, was first permitted in August 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $227,000).

New jobs, last 12 months
1
Initial permits, last 12 months
4
Newest job first permitted
August 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
3

Recent build-outs

  • Floor 3August 2026Construction, Mechanical, Plumbing, Sprinklers; est. $227,000

New jobs by year

  • 20210
  • 20222
  • 20230
  • 20240
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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.

Landmarks Preservation Commission records

Architecture and history

The Spinning Wheel Building was designed by James Barnes Baker and built in 1900-1901 in the neo-Renaissance style. It stands in the Ladies' Mile Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
James Barnes Baker
Constructed
1900-1901
Style
neo-Renaissance
Primary material
Brick
Built as
Store and lofts

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.

Office space nearby in Flatiron

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for office space in Flatiron yet. These labeled examples show what tenants post. List a space in 3 West 22nd Street and we match it against every new one automatically.

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Questions about Spinning Wheel Building

How big is the Spinning Wheel Building?

The Spinning Wheel Building has about 88,000 square feet of floor area in total, including 81,000 square feet of office and 8,000 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 the Spinning Wheel Building built?

The Landmarks Preservation Commission's building records date the Spinning Wheel Building to 1900-1901, designed by James Barnes Baker. The building is 10 floors tall.

Who designed the Spinning Wheel Building?

James Barnes Baker, according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance and its original use as store and lofts.

What is the address of the Spinning Wheel Building?

The Spinning Wheel Building is at 3 West 22nd Street in Flatiron, Manhattan. City records list 3-7 West 22nd Street on the same tax lot (BBL 1008240032). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 3 West 22nd Street?

3 West 22nd Street is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Spinning Wheel Building is at 3 West 22nd Street, New York, NY 10010, in Flatiron.

What is the zoning at the Spinning Wheel Building?

The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 10.93 and a maximum commercial FAR of 10 for this lot. It is inside the Ladies' Mile Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to the Spinning Wheel Building?

The closest subway station to the Spinning Wheel Building is 23 St (the R and W trains), about 350 feet away in a straight line, roughly 1 minute on foot. Also nearby: 23 St (the F and M trains), 3 min walk; 23 St-Baruch College (the 6 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Spinning Wheel Building?

The NYC Department of Finance's 2026/27 assessment roll lists CHAND REALTY ASSOC as the owner of record of the Spinning Wheel Building (BBL 1008240032). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of the Spinning Wheel Building?

The Spinning Wheel Building reported an ENERGY STAR score of 86 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 86 earns an A. 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 50.5 kBtu per square foot, 47% below the national median of 94.4 for a similar property. Its greenhouse gas emissions were about 365 metric tons of CO2e (4.48 kg per square foot).

Is there construction at the Spinning Wheel Building?

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at the Spinning Wheel Building. In the last two years, interior work was permitted on one floor (floor 3). The newest build-out, on floor 3, was first permitted in August 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $227,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008240032. 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 the Spinning Wheel Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.75 million for the Spinning Wheel Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.06 million a year, roughly $11.96 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008240032 show the actual bill.

What is the assessed value of the Spinning Wheel Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Spinning Wheel Building at $22.3 million ($6 million of it land) and its assessed value at $10 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($20.4 million) to 2026/27.

Are there vacant storefronts at the Spinning Wheel Building?

Owners registered one storefront at the Spinning Wheel Building for December 31, 2024, the newest annual filing the city has published, and it was not 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 the Spinning Wheel Building?

No space at 3 West 22nd 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.

1,677 buildings from city records

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