Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Office building with commercial space · Midtown South, Manhattan
31 East 32nd Street
New York, NY 10016
31 East 32nd Street is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1915, with about 49,000 square feet of office space according to city records.
Also at 31-33 East 32nd Street.
- Office space
- 49K SF
- Floors
- 12
- Year built
- 1915
- Zoning
- C5-2
The 160th largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 31 East 32nd 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. Nothing free right now? Get tenant alerts for Midtown South and hear the moment a tenant posts a requirement there.
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Compared with its neighbors
How 31 East 32nd Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 31 East 32nd Street is the smallest by office floor area. It went up in 1915; the median neighbor dates from 1916. Its estimated property tax, about $8.26 a square foot of floor area before abatements, is below the neighbors' median of $12.39.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 31 East 32nd Street | 49K SF | 12 | 1915 | $8.26 | n/a |
| 30 East 33rd Street | 85K SF | 12 | 1916 | $10.31 | n/a |
| 161 Madison Avenue | 58K SF | 12 | 1900 | $21.36 | n/a |
| 147 Madison Avenue | 111K SF | 12 | 1917 | $17.45 | Feb 2023, $77M |
| 2 Park Avenue | 797K SF | 25 | 1928 | $14.48 | Dec 2024, $357M |
| 38 East 32nd Street | 74K SF | 12 | 1912 | $9.11 | n/a |
| 44 East 32nd Street | 74K SF | 12 | 1916 | $9.38 | Dec 2018, $59M |
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
- 31-33 East 32nd Street
- ZIP code
- 10016
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 53,934 SF
- Commercial floor area
- 53,934 SF
- Office
- 48,934 SF
- Retail
- 5,000 SF
- Height
- 12 floors
- Average floor
- About 4,500 SF (floor area divided by floors)
- Year built
- 1915
- Last major alteration
- 1986
- Lot area
- 4,938 SF
- Zoning district
- C5-2
- Built FAR
- 10.92
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008620026
Nearest subway
- 33 St
- 28 St
- 28 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 31 East 32nd Street 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 Midtown South
- 12.7%
- Share vacant along East 32nd Street
- 4.3%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Midtown South? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. 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 KIAMIE EAST 32 ST INC as the owner of record. For tax year 2026/27 the city values 31 East 32nd Street at $10.2 million and assesses it at $4.59 million. After phase-ins and exemptions its taxable value is $4.11 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 $445,563 a year before abatements, roughly $8.26 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
- KIAMIE EAST 32 ST INC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $10,201,000
- Land market value
- $2,713,000
- Assessed value
- $4,590,450
- Taxable value (phased in)
- $4,107,330
- Estimated yearly tax
- About $445,563
- Tax per SF of floor area
- About $8.26
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 2026-10-08; 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.
Own or manage 31 East 32nd Street? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
31 East 32nd Street 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 47 kBtu per square foot, 46% below the national median of 87 for a similar property. Its greenhouse gas emissions were about 238 metric tons of CO2e (4.42 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
- 47 kBtu/SF
- National median for the type
- 87 kBtu/SF
- Greenhouse gas emissions
- 238 t CO2e
- Emissions per SF
- 4.42 kg CO2e
- Floor area in the filing
- 53,934 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 2026-10-08; 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, 31 East 32nd Street comes to about 200 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 409 tons for 2024 to 2029 (49% of the limit), so it would owe no penalty. From 2030 the limit drops to 145 tons and the same energy use counts as about 148 tons, about 2 tons over, or an estimated $600 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 409 t CO2e
- Estimated emissions
- 200 t CO2e
- Under the limit by
- 209 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 145 t CO2e
- Estimated emissions
- 148 t CO2e
- Over the limit by
- 2 t CO2e
- Estimated penalty a year
- $600
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 53,934 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.
Own or manage 31 East 32nd 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 31 East 32nd Street in the 12 months to October 2026; the last one was first permitted in September 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- September 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Midtown SouthWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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.
Office space nearby in Midtown South
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 Midtown South yet. These labeled examples show what tenants post. List a space in 31 East 32nd Street and we match it against every new one automatically.
Want · Office
Startup seeking furnished sublease
Posted by the tenant · Software
- Where
- Flatiron, Midtown South +1
- Size
- 6,000 to 11,000 SF
- Budget
- to $60/SF
- Move in
- Nov 2026
Furnished
Owners: got a fit?I have a fit
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Questions about 31 East 32nd Street
How big is 31 East 32nd Street?
31 East 32nd Street has about 54,000 square feet of floor area in total, including 49,000 square feet of office and 5,000 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 31 East 32nd Street built?
City records list 1915 as the year built, with a major alteration recorded in 1986. The building is 12 floors tall.
What other addresses does 31 East 32nd Street have?
City records list 31-33 East 32nd Street on the same tax lot (BBL 1008620026) as 31 East 32nd Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 31 East 32nd Street?
31 East 32nd Street is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 31 East 32nd Street, New York, NY 10016, in Midtown South.
What is the zoning at 31 East 32nd Street?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.92 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 31 East 32nd Street?
The closest subway station to 31 East 32nd Street is 33 St (the 6 train), about 300 feet away in a straight line, roughly 1 minute on foot. Also nearby: 28 St (the 6 train), 5 min walk; 28 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 31 East 32nd Street?
The NYC Department of Finance's 2026/27 assessment roll lists KIAMIE EAST 32 ST INC as the owner of record of 31 East 32nd Street (BBL 1008620026). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 31 East 32nd Street?
31 East 32nd Street 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 47 kBtu per square foot, 46% below the national median of 87 for a similar property. Its greenhouse gas emissions were about 238 metric tons of CO2e (4.42 kg per square foot).
Does 31 East 32nd Street meet Local Law 97?
At its 2024 energy use, 31 East 32nd Street comes to about 200 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 409 tons for 2024 to 2029 (49% of the limit), so it would owe no penalty. From 2030 the limit drops to 145 tons and the same energy use counts as about 148 tons, about 2 tons over, or an estimated $600 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 31 East 32nd Street?
The Department of Buildings issued no permits for new jobs at 31 East 32nd Street in the 12 months to October 2026; the last one was first permitted in September 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1008620026. 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 31 East 32nd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.11 million for 31 East 32nd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $445,563 a year, roughly $8.26 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008620026 show the actual bill.
What is the assessed value of 31 East 32nd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 31 East 32nd Street at $10.2 million ($2.71 million of it land) and its assessed value at $4.59 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 17% from 2022/23 ($8.71 million) to 2026/27.
Are there vacant storefronts at 31 East 32nd Street?
Owners registered one storefront at 31 East 32nd Street 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 31 East 32nd Street?
No space at 31 East 32nd 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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Midtown South
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