Office and commercial building · Flatiron, Manhattan

315 Park Avenue South

New York, NY 10010

315 Park Avenue South is a 20-floor office and commercial building in Flatiron, Manhattan, built in 1911, with about 344,000 square feet of office space according to city records.

Also at 100-114 East 24th Street and 313-321 Park Avenue South.

Office space
344K SF
Floors
20
Year built
1911
Zoning
C6-4A

Office space next to its nearest neighbors

  1. 315 Park Avenue SouthThis building344K SF
  2. 104 East 25th Street1 min walk97K SF
  3. 115 East 23rd Street1 min walk65K SF
  4. 121 East 24th Street1 min walk55K SF

The 6th largest of the 90 office buildings we track in Flatiron. Compare it with 6 neighbors

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Compared with its neighbors

How 315 Park Avenue South compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 315 Park Avenue South ranks 2nd of 7 by office floor area. Built in 1911, it is the oldest of them. Its estimated property tax, about $20.93 a square foot of floor area before abatements, is above the neighbors' median of $13.82.

315 Park Avenue South and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
315 Park Avenue SouthThis building344K SF201911$20.93Jan 2015, $354M
115 East 23rd Street1 min walk65K SF121913$11.52n/a
121 East 24th Street1 min walk55K SF121913$12.23n/a
104 East 25th Street1 min walk97K SF121913$16.81n/a
114 East 25th Street1 min walk37K SF121921$15.41Jun 2020, $41.3M
1 Madison Avenue1 min walk1.2M SF261932$27.46n/a
120 East 23rd Street1 min walk201K SF121913$11.56n/a
The 6th largest of the 90 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); 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 addresses
100-114 East 24th Street; 313-321 Park Avenue South
ZIP code
10010
Building type
Office and commercial building (city class O9)
Total floor area
356,330 SF
Commercial floor area
356,330 SF
Office
344,330 SF
Retail
12,000 SF
Height
20 floors
Average floor
About 17,800 SF (floor area divided by floors)
Year built
1911
Last major alteration
1986
Lot area
14,250 SF
Zoning district
C6-4A
Built FAR
25.01
Max commercial FAR
10
Tax lot (BBL)
1008790081

Nearest subway

  • 23 St-Baruch College1 min walk · Accessible station
  • 28 St4 min walk · Partly accessible
  • 23 St4 min walk · Not accessible

Nearby large buildings

All 32 large office buildings on Park Avenue South

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 315 Park Avenue South for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 4 stood vacant.

Storefronts registered for December 31, 2025
4
Vacant that day
0
Share vacant across Flatiron
11.8%
Share vacant along Park Avenue South
23.4%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 4
  • 20200 of 4
  • 20210 of 4
  • 20220 of 4
  • 20231 of 4
  • 20241 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 COLUMBIA REIT - 315 PARK AVENUE SOUTH, L LC as the owner of record. For tax year 2026/27 the city values 315 Park Avenue South at $152.8 million and assesses it at $68.8 million. After phase-ins and exemptions its taxable value is $68.8 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 $7.46 million a year before abatements, roughly $20.93 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
COLUMBIA REIT - 315 PARK AVENUE SOUTH, L LC
Tax class
Class 4 (commercial and industrial)
City market value
$152,786,700
Land market value
$33,000,000
Assessed value
$68,754,000
Estimated yearly tax
About $7.46 million
Tax per SF of floor area
About $20.93

City market value by tax year

  • 2022/23$153.7 million
  • 2023/24$155.1 million
  • 2024/25$153.3 million
  • 2025/26$160.7 million
  • 2026/27$152.8 million

Market value fell 1% from 2022/23 ($153.7 million) to 2026/27.

How Flatiron 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

315 Park Avenue South last sold in January 2015 for $353.9 million, according to the deed recorded with the city. 315 HOLDINGS LLC (D/B/A 315 PARK HOLDINGS LLC) sold it to COLUMBIA REIT - 315 PARK AVENUE SOUTH, LLC. That comes to about $993 per square foot of floor area.

Last sale (deed date)
January 7, 2015
Price
$353,851,113
Price per SF of floor area
About $993
Seller
315 HOLDINGS LLC (D/B/A 315 PARK HOLDINGS LLC)
Buyer
COLUMBIA REIT - 315 PARK AVENUE SOUTH, LLC
Deed recorded
January 14, 2015
ACRIS document
2015011300813001

Recorded sales

All 14 building sales in Flatiron 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.

SEC filings (EDGAR)

Companies with offices here

2 investment managers and funds give 315 Park Avenue South as their office address in SEC filings.

Investment managers and funds

Office address on their latest 13F holdings report

  • Walleye Capital LLC13F, Aug 2026
  • Walleye Trading LLC13F, Aug 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

315 Park Avenue South reported an ENERGY STAR score of 85 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 55.2 kBtu per square foot, 44% below the national median of 98.4 for a similar property. Its greenhouse gas emissions were about 1,949 metric tons of CO2e (5.47 kg per square foot).

ENERGY STAR score (2024)
85 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
55.2 kBtu/SF
National median for the type
98.4 kBtu/SF
Greenhouse gas emissions
1,949 t CO2e
Emissions per SF
5.47 kg CO2e
Floor area in the filing
356,330 SF
ENERGY STAR certified
2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024

ENERGY STAR score by year

  • 202289 (A)
  • 202384 (B)
  • 202485 (A)

Energy sources in 2024

  • Electricity69%
  • Fuel oil16%
  • Natural gas15%

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, 315 Park Avenue South comes to about 1,538 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,802 tons for 2024 to 2029 (55% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,014 tons and the same energy use counts as about 969 tons, still under the limit.

Period
2024 to 2029
Emissions limit
2,802 t CO2e
Estimated emissions
1,538 t CO2e
Under the limit by
1,263 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
1,014 t CO2e
Estimated emissions
969 t CO2e
Under the limit by
46 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 312,230 SF; Fitness Center/Health Club/Gym 44,100 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.

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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 11 jobs at 315 Park Avenue South. In the last two years, interior work was permitted on 6 floors (floors 1, 4, 8 to 10 and 19 and the cellar). The newest build-out, on floor 19, was first permitted in June 2026 (construction, mechanical; filed cost estimate $85,000).

New jobs, last 12 months
11
Initial permits, last 12 months
17
Newest job first permitted
September 2026
Interior build-outs, last 24 months
9
Floors with interior work, last 24 months
1, 4, 8 to 10 and 19, cellar
Facade and sidewalk jobs, last 24 months
3

Recent build-outs

  • Floor 19June 2026Construction, Mechanical; est. $85,000; signed off
  • Floor 10June 2026Construction, Mechanical, Plumbing, Sprinklers; 3 jobs; est. $4.3 million
  • Floor 4June 2026Construction, Mechanical, Sprinklers; est. $70,000
  • Floor 9January 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $1.2 million; signed off
  • Floor 1October 2025Construction, Structural; 2 jobs; est. $428,000; signed off
  • Floor 1, cellarOctober 2025Mechanical, Plumbing, Sprinklers; 3 jobs; est. $397,000; signed off

The newest 6 of 9 in the last 24 months.

New jobs by year

  • 20212
  • 202221
  • 202313
  • 20244
  • 202515
  • 2026 to date11

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.

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Questions about 315 Park Avenue South

How big is 315 Park Avenue South?

315 Park Avenue South has about 356,000 square feet of floor area in total, including 344,000 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 315 Park Avenue South built?

City records list 1911 as the year built, with a major alteration recorded in 1986. The building is 20 floors tall.

What other addresses does 315 Park Avenue South have?

City records list 100-114 East 24th Street and 313-321 Park Avenue South on the same tax lot (BBL 1008790081) as 315 Park Avenue South. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 315 Park Avenue South?

315 Park Avenue South 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 full mailing address is 315 Park Avenue South, New York, NY 10010, in Flatiron.

What is the zoning at 315 Park Avenue South?

The lot is in the C6-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 25.01 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 315 Park Avenue South?

The closest subway station to 315 Park Avenue South is 23 St-Baruch College (the 6 train), about 350 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 28 St (the 6 train), 4 min walk; 23 St (the R and W trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 315 Park Avenue South?

The NYC Department of Finance's 2026/27 assessment roll lists COLUMBIA REIT - 315 PARK AVENUE SOUTH, L LC as the owner of record of 315 Park Avenue South (BBL 1008790081). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Who are the tenants at 315 Park Avenue South?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 315 Park Avenue South. 2 investment managers and funds file 13F holdings reports from the address: Walleye Capital LLC and Walleye Trading LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

When was 315 Park Avenue South last sold?

315 Park Avenue South last sold in January 2015 for $353.9 million, according to the deed recorded with the city. 315 HOLDINGS LLC (D/B/A 315 PARK HOLDINGS LLC) sold it to COLUMBIA REIT - 315 PARK AVENUE SOUTH, LLC. That comes to about $993 per square foot of floor area. The deed is ACRIS document 2015011300813001 (BBL 1008790081) 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.

What is the energy grade of 315 Park Avenue South?

315 Park Avenue South reported an ENERGY STAR score of 85 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 85 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 55.2 kBtu per square foot, 44% below the national median of 98.4 for a similar property. Its greenhouse gas emissions were about 1,949 metric tons of CO2e (5.47 kg per square foot).

Does 315 Park Avenue South meet Local Law 97?

At its 2024 energy use, 315 Park Avenue South comes to about 1,538 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,802 tons for 2024 to 2029 (55% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,014 tons and the same energy use counts as about 969 tons, still under the limit. 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 315 Park Avenue South?

In the 12 months to October 2026, the Department of Buildings issued first permits for 11 jobs at 315 Park Avenue South. In the last two years, interior work was permitted on 6 floors (floors 1, 4, 8 to 10 and 19 and the cellar). The newest build-out, on floor 19, was first permitted in June 2026 (construction, mechanical; filed cost estimate $85,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008790081. 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 315 Park Avenue South?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $68.8 million for 315 Park Avenue South. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.46 million a year, roughly $20.93 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008790081 show the actual bill.

What is the assessed value of 315 Park Avenue South?

For tax year 2026/27, the NYC Department of Finance puts the market value of 315 Park Avenue South at $152.8 million ($33 million of it land) and its assessed value at $68.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 1% from 2022/23 ($153.7 million) to 2026/27.

Are there vacant storefronts at 315 Park Avenue South?

Owners registered 4 storefronts at 315 Park Avenue South for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 4 stood vacant. 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 315 Park Avenue South?

No space at 315 Park Avenue South 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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