Office building with commercial space · Garment District, Manhattan

320 West 37th Street

New York, NY 10018

320 West 37th Street is a 15-floor office building with commercial space in the Garment District, Manhattan, built in 1927, with about 93,000 square feet of office space according to city records.

Office space
93K SF
Floors
15
Year built
1927
Zoning
C6-4M

The 90th largest of the 140 office buildings we track in the Garment District. Compare it with 6 neighbors

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Compared with its neighbors

How 320 West 37th Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 320 West 37th Street ranks 5th of 7 by office floor area. It went up in 1927; the median neighbor dates from 1927. Its estimated property tax, about $17.33 a square foot of floor area before abatements, is above the neighbors' median of $8.83.

320 West 37th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
320 West 37th StreetThis building93K SF151927$17.33May 2014, $36M
307 West 36th Street1 min walk219K SF181926$5.03n/a
336 West 37th Street1 min walk113K SF141928$10.40n/a
531 Eighth Avenue1 min walk130K SF201927$7.94n/a
347 West 36th Street1 min walk90K SF161928$13.43n/a
330 West 38th Street1 min walk75K SF161928$9.72Aug 2006, $51M
545 Eighth Avenue1 min walk161K SF231927$7.40n/a
The 90th largest of the 140 office buildings we track in the Garment District: 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

ZIP code
10018
Building type
Office building with commercial space (city class O6)
Total floor area
100,244 SF
Commercial floor area
100,244 SF
Office
93,244 SF
Retail
7,000 SF
Height
15 floors
Average floor
About 6,700 SF (floor area divided by floors)
Year built
1927
Last major alteration
1989
Lot area
7,406 SF
Zoning district
C6-4M
Built FAR
13.54
Max commercial FAR
10
Tax lot (BBL)
1007600055

Nearest subway

  • 34 St-Penn Station3 min walk · Accessible station
  • 42 St-Port Authority Bus Terminal6 min walk · Accessible station · connects to Times Sq-42 St
  • 34 St-Penn Station6 min walk · Accessible station

Nearby large buildings

All 31 large office buildings on West 37th Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; 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 320 W 37 LLC as the owner of record. For tax year 2026/27 the city values 320 West 37th Street at $35.6 million and assesses it at $16 million. After phase-ins and exemptions its taxable value is $16 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 $1.74 million a year before abatements, roughly $17.33 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
320 W 37 LLC
Tax class
Class 4 (commercial and industrial)
City market value
$35,588,000
Land market value
$1,290,000
Assessed value
$16,014,600
Estimated yearly tax
About $1.74 million
Tax per SF of floor area
About $17.33

City market value by tax year

  • 2022/23$34.3 million
  • 2023/24$35.3 million
  • 2024/25$36.7 million
  • 2025/26$36.7 million
  • 2026/27$35.6 million

Market value rose 4% from 2022/23 ($34.3 million) to 2026/27.

How the Garment District 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 property records (ACRIS)

Sales history

320 West 37th Street last sold in May 2014 for $36 million, according to the deed recorded with the city. 320 WEST 37TH STREET, L.L.C. sold it to 320 W 37 LLC. That comes to about $359 per square foot of floor area.

Last sale (deed date)
May 29, 2014
Price
$36,000,000
Price per SF of floor area
About $359
Seller
320 WEST 37TH STREET, L.L.C.
Buyer
320 W 37 LLC
Deed recorded
June 3, 2014
ACRIS document
2014060201122001

Recorded sales

All 22 building sales in the Garment District since 2016

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 score, grade and emissions

320 West 37th Street reported an ENERGY STAR score of 91 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 25.1 kBtu per square foot, less than half the national median of 55.1 for a similar property. Its greenhouse gas emissions were about 317 metric tons of CO2e (2.89 kg per square foot).

ENERGY STAR score (2024)
91 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
25.1 kBtu/SF
National median for the type
55.1 kBtu/SF
Greenhouse gas emissions
317 t CO2e
Emissions per SF
2.89 kg CO2e
Floor area in the filing
109,855 SF

ENERGY STAR score by year

  • 202293 (A)
  • 202390 (A)
  • 202491 (A)

Energy sources in 2024

  • Electricity100%

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 2 jobs at 320 West 37th Street. In the last two years, interior work was permitted on 2 floors (floors 10 and 14). The newest build-out, on floor 10, was first permitted in July 2026 (mechanical; filed cost estimate $10,000).

New jobs, last 12 months
2
Initial permits, last 12 months
2
Newest job first permitted
July 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
10 and 14

Recent build-outs

  • Floor 10July 2026Mechanical; est. $10,000; signed off
  • Floor 14, roofOctober 2025Mechanical; est. $30,000; signed off

New jobs by year

  • 20211
  • 20223
  • 20230
  • 20241
  • 20251
  • 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.

Before you sign

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

All guides

Questions about 320 West 37th Street

How big is 320 West 37th Street?

320 West 37th Street has about 100,000 square feet of floor area in total, including 93,000 square feet of office and 7,000 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 320 West 37th Street built?

City records list 1927 as the year built, with a major alteration recorded in 1989. The building is 15 floors tall.

What is the ZIP code of 320 West 37th Street?

320 West 37th Street is in ZIP code 10018, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 320 West 37th Street, New York, NY 10018, in the Garment District.

What is the zoning at 320 West 37th Street?

The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 13.54 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 320 West 37th Street?

The closest subway station to 320 West 37th Street is 34 St-Penn Station (the A, C and E trains), about 750 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 42 St-Port Authority Bus Terminal (the A, C, E, 1, 2, 3, 7, N, Q, R, W and S trains, connected to Times Sq-42 St), 6 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 320 West 37th Street?

The NYC Department of Finance's 2026/27 assessment roll lists 320 W 37 LLC as the owner of record of 320 West 37th Street (BBL 1007600055). 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 320 West 37th Street last sold?

320 West 37th Street last sold in May 2014 for $36 million, according to the deed recorded with the city. 320 WEST 37TH STREET, L.L.C. sold it to 320 W 37 LLC. That comes to about $359 per square foot of floor area. The deed is ACRIS document 2014060201122001 (BBL 1007600055) 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 320 West 37th Street?

320 West 37th Street reported an ENERGY STAR score of 91 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 91 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 25.1 kBtu per square foot, less than half the national median of 55.1 for a similar property. Its greenhouse gas emissions were about 317 metric tons of CO2e (2.89 kg per square foot).

Is there construction at 320 West 37th Street?

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 320 West 37th Street. In the last two years, interior work was permitted on 2 floors (floors 10 and 14). The newest build-out, on floor 10, was first permitted in July 2026 (mechanical; filed cost estimate $10,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007600055. 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 320 West 37th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $16 million for 320 West 37th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.74 million a year, roughly $17.33 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007600055 show the actual bill.

What is the assessed value of 320 West 37th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 320 West 37th Street at $35.6 million ($1.29 million of it land) and its assessed value at $16 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2022/23 ($34.3 million) to 2026/27.

Is there office space for lease at 320 West 37th Street?

No space at 320 West 37th 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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