Self-storage building · Hudson Yards, Manhattan

302 Eleventh Avenue

New York, NY 10001

302 Eleventh Avenue is a 9-floor self-storage building in Hudson Yards, Manhattan, built in 1913, with about 213,000 square feet of industrial and storage space according to city records.

Also at 541 West 29th Street.

Industrial and storage space
213K SF
Floors
9
Year built
1913
Zoning
C6-3

Industrial and storage space next to its nearest neighbors

  1. 302 Eleventh AvenueThis building213K SF
  2. 524 West 23rd Street7 min walk128K SF
  3. 463 Tenth Avenue7 min walk44K SF
  4. 510 West 27th Street3 min walk40K SF

The largest of the 4 industrial and storage buildings we track in Hudson Yards. Compare it with 6 neighbors

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Compared with its neighbors

How 302 Eleventh Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 9 minute walk, 302 Eleventh Avenue is the largest by industrial and storage floor area. It went up in 1913; the median neighbor dates from 1920. Its estimated property tax, about $7.79 a square foot of floor area before abatements, is close to the neighbors' median of $7.79.

302 Eleventh 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
302 Eleventh AvenueThis building213K SF91913$7.79Dec 2021, $234M
510 West 27th Street3 min walk40K SF61910$8.02n/a
524 West 23rd Street7 min walk128K SF101931$7.57Dec 2021, $132M
463 Tenth Avenue7 min walk44K SF61911$14.98Dec 2025, $52M
510 West 21st Street9 min walk123K SF81928$6.99Dec 2021, $95.2M
525 West 20th Street9 min walk95K SF91913$5.09n/a
501 Tenth Avenue9 min walk193K SF71930$11.28Dec 2010, $40.5M (3 lots)
The largest of the 4 industrial and storage buildings we track in Hudson Yards: 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
541 West 29th Street
ZIP code
10001
Building type
Self-storage building (city class E7)
Total floor area
213,330 SF
Commercial floor area
213,330 SF
Industrial and storage
213,330 SF
Height
9 floors
Average floor
About 23,700 SF (floor area divided by floors)
Year built
1913
Last major alteration
1986
Lot area
27,950 SF
Zoning district
C6-3
Built FAR
7.63
Max commercial FAR
6
Tax lot (BBL)
1007010001

Nearest subway

  • 34 St-Hudson Yards5 min walk · Accessible station
  • 34 St-Penn Station11 min walk · Accessible station
  • 23 St11 min walk · Not accessible

Nearby large buildings

All 19 large office buildings on Eleventh Avenue

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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists SM I MMS, L.L.C. as the owner of record. For tax year 2026/27 the city values 302 Eleventh Avenue at $39.2 million and assesses it at $17.7 million. After phase-ins and exemptions its taxable value is $15.3 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 $1.66 million a year before abatements, roughly $7.79 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
SM I MMS, L.L.C.
Tax class
Class 4 (commercial and industrial)
City market value
$39,239,000
Land market value
$4,193,000
Assessed value
$17,657,550
Taxable value (phased in)
$15,325,130
Estimated yearly tax
About $1.66 million
Tax per SF of floor area
About $7.79

City market value by tax year

  • 2022/23$30 million
  • 2023/24$31.8 million
  • 2024/25$33 million
  • 2025/26$38.6 million
  • 2026/27$39.2 million

Market value rose 31% from 2022/23 ($30 million) to 2026/27.

How Hudson Yards 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 property records (ACRIS)

Sales history

302 Eleventh Avenue last sold in December 2021 for $234 million, according to the deed recorded with the city. WEST 29TH MINISTORAGE PROPERTIES, LLC sold it to SM I MMS, L.L.C.. That comes to about $1,097 per square foot of floor area.

Last sale (deed date)
December 16, 2021
Price
$234,000,000
Price per SF of floor area
About $1,097
Seller
WEST 29TH MINISTORAGE PROPERTIES, LLC
Buyer
SM I MMS, L.L.C.
Deed recorded
December 29, 2021
ACRIS document
2021121700645006
All 9 building sales in Hudson Yards since 2016

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 energy benchmarking (Local Law 84)

Energy use and emissions

302 Eleventh Avenue's 2024 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 20.9 kBtu per square foot, 6% above the national median of 19.7 for a similar property. Its greenhouse gas emissions were about 453 metric tons of CO2e (2.12 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Self-Storage Facility
Site energy use intensity
20.9 kBtu/SF
National median for the type
19.7 kBtu/SF
Greenhouse gas emissions
453 t CO2e
Emissions per SF
2.12 kg CO2e
Floor area in the filing
213,331 SF

Energy sources in 2024

  • Electricity78%
  • Natural gas22%

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 302 Eleventh Avenue comes to about 347 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 909 tons for 2024 to 2029 (38% of the limit), so it would owe no penalty. From 2030 the limit drops to 131 tons and the same energy use counts as about 199 tons, about 69 tons over, or an estimated $18,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
909 t CO2e
Estimated emissions
347 t CO2e
Under the limit by
562 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
131 t CO2e
Estimated emissions
199 t CO2e
Over the limit by
69 t CO2e
Estimated penalty a year
$18,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Self-Storage Facility 213,331 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 302 Eleventh 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 302 Eleventh Avenue. A sidewalk shed permit here is active until December 31, 2026.

New jobs, last 12 months
3
Initial permits, last 12 months
3
Newest job first permitted
May 2026
Interior build-outs, last 24 months
0
Facade and sidewalk jobs, last 24 months
2
Sidewalk shed permit
Active until Dec 31, 2026

New jobs by year

  • 20211
  • 20221
  • 20230
  • 20241
  • 20250
  • 2026 to date3

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 industrial and storage space listed in Hudson Yards yet

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Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 302 Eleventh Avenue

How big is 302 Eleventh Avenue?

302 Eleventh Avenue has about 213,000 square feet of floor area in total, including 213,000 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 302 Eleventh Avenue built?

City records list 1913 as the year built, with a major alteration recorded in 1986. The building is 9 floors tall.

What other addresses does 302 Eleventh Avenue have?

City records list 541 West 29th Street on the same tax lot (BBL 1007010001) as 302 Eleventh Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 302 Eleventh Avenue?

302 Eleventh Avenue is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 302 Eleventh Avenue, New York, NY 10001, in Hudson Yards.

What is the zoning at 302 Eleventh Avenue?

The lot is in the C6-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.63 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 302 Eleventh Avenue?

The closest subway station to 302 Eleventh Avenue is 34 St-Hudson Yards (the 7 train), about 0.2 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 11 min walk; 23 St (the C and E trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 302 Eleventh Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists SM I MMS, L.L.C. as the owner of record of 302 Eleventh Avenue (BBL 1007010001). 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 302 Eleventh Avenue last sold?

302 Eleventh Avenue last sold in December 2021 for $234 million, according to the deed recorded with the city. WEST 29TH MINISTORAGE PROPERTIES, LLC sold it to SM I MMS, L.L.C.. That comes to about $1,097 per square foot of floor area. The deed is ACRIS document 2021121700645006 (BBL 1007010001) 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 302 Eleventh Avenue have an energy grade?

302 Eleventh Avenue's 2024 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 20.9 kBtu per square foot, 6% above the national median of 19.7 for a similar property. Its greenhouse gas emissions were about 453 metric tons of CO2e (2.12 kg per square foot).

Does 302 Eleventh Avenue meet Local Law 97?

At its 2024 energy use, 302 Eleventh Avenue comes to about 347 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 909 tons for 2024 to 2029 (38% of the limit), so it would owe no penalty. From 2030 the limit drops to 131 tons and the same energy use counts as about 199 tons, about 69 tons over, or an estimated $18,000 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 302 Eleventh Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at 302 Eleventh Avenue. A sidewalk shed permit here is active until December 31, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1007010001. 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 302 Eleventh Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $15.3 million for 302 Eleventh Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.66 million a year, roughly $7.79 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007010001 show the actual bill.

What is the assessed value of 302 Eleventh Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 302 Eleventh Avenue at $39.2 million ($4.19 million of it land) and its assessed value at $17.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 31% from 2022/23 ($30 million) to 2026/27.

Is there industrial and storage space for lease at 302 Eleventh Avenue?

No space at 302 Eleventh 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.

2,723 buildings from city records

Look up another building

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