Office building with commercial space · Upper East Side, Manhattan
306 East 61st Street
New York, NY 10065
306 East 61st Street is a 7-floor office building with commercial space in the Upper East Side, Manhattan, built in 1901, with about 61,000 square feet of office space according to city records.
Also at 306-316 East 61st Street and 316 East 61st Street (rear).
- Office space
- 61K SF
- Floors
- 7
- Year built
- 1901
- Zoning
- C8-4
The 9th largest of the 12 office buildings we track in the Upper East Side. Compare it with 6 neighbors
No space at 306 East 61st Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 306 East 61st Street compares
Next to the 6 nearest large office buildings, all within a 6 minute walk, 306 East 61st Street is the smallest by office floor area. Built in 1901, it is the oldest of them. Its estimated property tax, about $11.71 a square foot of floor area before abatements, is below the neighbors' median of $16.50.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 306 East 61st Street | 61K SF | 7 | 1901 | $11.71 | Feb 2018, $47M |
| 321 East 61st Street | 79K SF | 7 | 2017 | Exempt | n/a |
| 315 East 62nd Street | 63K SF | 6 | 1930 | $14.77 | Sep 2007, $31.3M |
| 979 Third Avenue | 518K SF | 17 | 1963 | $19.08 | n/a |
| 150 East 58th Street | 346K SF | 39 | 1968 | $16.50 | n/a |
| 950 Third Avenue | 308K SF | 32 | 1977 | $11.60 | Mar 2012, $15.8M |
| 770 Lexington Avenue | 148K SF | 20 | 1960 | $20.34 | n/a |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 306-316 East 61st Street; 316 East 61st Street (rear)
- ZIP code
- 10065
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 72,975 SF
- Commercial floor area
- 72,975 SF
- Office
- 61,476 SF
- Retail
- 11,499 SF
- Height
- 7 floors
- Average floor
- About 10,400 SF (floor area divided by floors)
- Year built
- 1901
- Last major alteration
- 2005
- Lot area
- 11,243 SF
- Zoning district
- C8-4
- Built FAR
- 6.49
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1014350044
Nearest subway
- Lexington Av/59 St
- Lexington Av/63 St
- Lexington Av/53 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 306 EAST OWNER LLC as the owner of record. For tax year 2026/27 the city values 306 East 61st Street at $17.5 million and assesses it at $7.88 million. After phase-ins and exemptions its taxable value is $7.88 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 $854,866 a year before abatements, roughly $11.71 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
- 306 EAST OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $17,512,000
- Land market value
- $8,540,000
- Assessed value
- $7,880,400
- Estimated yearly tax
- About $854,866
- Tax per SF of floor area
- About $11.71
City market value by tax year
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 property records (ACRIS)
Sales history
306 East 61st Street last sold in February 2018 for $47 million, according to the deed recorded with the city. ARC NYE61ST001, LLC sold it to 306 EAST OWNER LLC. That comes to about $644 per square foot of floor area.
- Last sale (deed date)
- February 16, 2018
- Price
- $47,000,000
- Price per SF of floor area
- About $644
- Seller
- ARC NYE61ST001, LLC
- Buyer
- 306 EAST OWNER LLC
- Deed recorded
- March 19, 2018
- ACRIS document
- 2018022600333001
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; 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
306 East 61st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 40.8 kBtu per square foot, 46% below the national median of 75.4 for a similar property. Its greenhouse gas emissions were about 271 metric tons of CO2e (3.56 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Retail Store
- Site energy use intensity
- 40.8 kBtu/SF
- National median for the type
- 75.4 kBtu/SF
- Greenhouse gas emissions
- 271 t CO2e
- Emissions per SF
- 3.56 kg CO2e
- Floor area in the filing
- 76,319 SF
ENERGY STAR score by year
Energy sources in 2024
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.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 306 East 61st Street in the 12 months to September 2026; the last one was first permitted in August 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- August 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across the Upper East SideWhere NYC offices are being built out
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.
Before you sign
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Questions about 306 East 61st Street
How big is 306 East 61st Street?
306 East 61st Street has about 73,000 square feet of floor area in total, including 61,000 square feet of office and 11,000 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 306 East 61st Street built?
City records list 1901 as the year built, with a major alteration recorded in 2005. The building is 7 floors tall.
What other addresses does 306 East 61st Street have?
City records list 306-316 East 61st Street and 316 East 61st Street (rear) on the same tax lot (BBL 1014350044) as 306 East 61st Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 306 East 61st Street?
306 East 61st Street is in ZIP code 10065, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 306 East 61st Street, New York, NY 10065, in the Upper East Side.
What is the zoning at 306 East 61st Street?
The lot is in the C8-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.49 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 306 East 61st Street?
The closest subway station to 306 East 61st Street is Lexington Av/59 St (the N, R, W, 4, 5 and 6 trains, connected to 59 St), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: Lexington Av/63 St (the M and Q trains), 6 min walk; Lexington Av/53 St (the E, F and 6 trains, connected to 51 St), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 306 East 61st Street?
The NYC Department of Finance's 2026/27 assessment roll lists 306 EAST OWNER LLC as the owner of record of 306 East 61st Street (BBL 1014350044). 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 306 East 61st Street last sold?
306 East 61st Street last sold in February 2018 for $47 million, according to the deed recorded with the city. ARC NYE61ST001, LLC sold it to 306 EAST OWNER LLC. That comes to about $644 per square foot of floor area. The deed is ACRIS document 2018022600333001 (BBL 1014350044) 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 306 East 61st Street have an energy grade?
306 East 61st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 40.8 kBtu per square foot, 46% below the national median of 75.4 for a similar property. Its greenhouse gas emissions were about 271 metric tons of CO2e (3.56 kg per square foot).
Is there construction at 306 East 61st Street?
The Department of Buildings issued no permits for new jobs at 306 East 61st Street in the 12 months to September 2026; the last one was first permitted in August 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 1014350044. 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 306 East 61st Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.88 million for 306 East 61st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $854,866 a year, roughly $11.71 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1014350044 show the actual bill.
What is the assessed value of 306 East 61st Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 306 East 61st Street at $17.5 million ($8.54 million of it land) and its assessed value at $7.88 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 13% from 2022/23 ($20.2 million) to 2026/27.
Is there office space for lease at 306 East 61st Street?
No space at 306 East 61st 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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