Office building with commercial space · Midtown South, Manhattan

322-326 Seventh Avenue

New York, NY 10001

322-326 Seventh Avenue is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 2020, with about 77,000 square feet of office space according to city records.

Also at 322-326 Seventh Avenue and 201-205 West 28th Street.

Office space
77K SF
Floors
12
Year built
2020
Zoning
M1-8A/R12

The 106th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How 322-326 Seventh Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 322-326 Seventh Avenue ranks 6th of 7 by office floor area. Built in 2020, it is the newest of them. Its estimated property tax, about $19.06 a square foot of floor area before abatements, is above the neighbors' median of $9.47.

322-326 Seventh Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
322-326 Seventh AvenueThis building77K SF122020$19.06Nov 2025, $80.8M
207 West 28th Street1 min walk52K SF61925$3.80n/a
330 Seventh Avenue1 min walk231K SF211929$9.72n/a
319 Seventh Avenue1 min walk394K SF211920$11.41n/a
29th Street Towers, 214 West 29th Street1 min walk117K SF161925$9.94n/a
307 Seventh Avenue1 min walk140K SF231926$7.59Oct 2019, $115M
350 Seventh Avenue1 min walk134K SF211927$9.22n/a
The 106th largest of the 156 office buildings we track in Midtown South: 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

Other addresses
322-326 Seventh Avenue; 201-205 West 28th Street
ZIP code
10001
Building type
Office building with commercial space (city class O6)
Total floor area
87,620 SF
Commercial floor area
87,620 SF
Office
77,059 SF
Retail
9,542 SF
Height
12 floors
Average floor
About 7,300 SF (floor area divided by floors)
Year built
2020
Lot area
7,269 SF
Zoning district
M1-8A/R12
Built FAR
12.05
Max commercial FAR
12
Tax lot (BBL)
1007780036

Nearest subway

  • 28 St1 min walk · Not accessible
  • 34 St-Penn Station5 min walk · Accessible station
  • 23 St5 min walk · Not accessible

Nearby large buildings

All 48 large office buildings on Seventh Avenue

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 322 7TH AVE OWNER LLC as the owner of record. For tax year 2026/27 the city values 322-326 Seventh Avenue at $36.3 million and assesses it at $16.3 million. After phase-ins and exemptions its taxable value is $15.4 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 $1.67 million a year before abatements, roughly $19.06 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
322 7TH AVE OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$36,268,000
Land market value
$10,342,000
Assessed value
$16,320,600
Taxable value (phased in)
$15,392,600
Estimated yearly tax
About $1.67 million
Tax per SF of floor area
About $19.06

City market value by tax year

  • 2022/23$10.3 million
  • 2023/24$38.5 million
  • 2024/25$38.8 million
  • 2025/26$32.2 million
  • 2026/27$36.3 million

Market value rose 251% from 2022/23 ($10.3 million) to 2026/27.

How Midtown South 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

322-326 Seventh Avenue last sold in November 2025 for $80.8 million, according to the deed recorded with the city. W 28TH DEVELOPMENT LLC sold it to 322 7TH AVE OWNER LLC. That comes to about $922 per square foot of floor area.

Last sale (deed date)
November 18, 2025
Price
$80,812,500
Price per SF of floor area
About $922
Seller
W 28TH DEVELOPMENT LLC
Buyer
322 7TH AVE OWNER LLC
Deed recorded
November 24, 2025
ACRIS document
2025111900172001
All 31 building sales in Midtown South 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

322-326 Seventh Avenue reported an ENERGY STAR score of 33 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 103.3 kBtu per square foot, 23% above the national median of 84 for a similar property. Its greenhouse gas emissions were about 1,118 metric tons of CO2e (11.18 kg per square foot).

ENERGY STAR score (2024)
33 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
103.3 kBtu/SF
National median for the type
84 kBtu/SF
Greenhouse gas emissions
1,118 t CO2e
Emissions per SF
11.18 kg CO2e
Floor area in the filing
100,000 SF
ENERGY STAR certified
2024

ENERGY STAR score by year

  • 202355 (C)
  • 202433 (D)

Energy sources in 2024

  • Electricity89%
  • Natural gas11%

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

The Department of Buildings issued no permits for new jobs at 322-326 Seventh Avenue in the 12 months to September 2026; the last one was first permitted in August 2025. In the last two years, interior work was permitted on 5 floors (floors 1, 4, 5, 9 and 10). The newest build-out, on floor 1, was first permitted in April 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $140,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
August 2025
Interior build-outs, last 24 months
5
Floors with interior work, last 24 months
1, 4, 5, 9 and 10

Recent build-outs

  • Floor 1April 2025Construction, Mechanical, Plumbing, Sprinklers; est. $140,000; signed off
  • Floor 9March 2025Construction, Mechanical, Plumbing, Sprinklers; est. $850,000; signed off
  • Floor 4January 2025Construction, Mechanical, Plumbing, Sprinklers; est. $850,000; signed off
  • Floor 5January 2025Construction, Mechanical, Plumbing, Sprinklers; est. $850,000; signed off
  • Floor 10November 2024Construction, Mechanical, Plumbing, Sprinklers; est. $800,000; signed off

New jobs by year

  • 20212
  • 202216
  • 20232
  • 20249
  • 202510
  • 2026 to date0

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.

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

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Questions about 322-326 Seventh Avenue

How big is 322-326 Seventh Avenue?

322-326 Seventh Avenue has about 88,000 square feet of floor area in total, including 77,000 square feet of office and 10,000 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 322-326 Seventh Avenue built?

City records list 2020 as the year built. The building is 12 floors tall.

What other addresses does 322-326 Seventh Avenue have?

City records list 322-326 Seventh Avenue and 201-205 West 28th Street on the same tax lot (BBL 1007780036) as 322-326 Seventh Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 322-326 Seventh Avenue?

322-326 Seventh 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 322-326 Seventh Avenue, New York, NY 10001, in Midtown South.

What is the zoning at 322-326 Seventh Avenue?

The lot is in the M1-8A/R12 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.05 and a maximum commercial FAR of 12 for this lot.

What subway station is closest to 322-326 Seventh Avenue?

The closest subway station to 322-326 Seventh Avenue is 28 St (the 1 train), about 100 feet away in a straight line, roughly 1 minute on foot. Also nearby: 34 St-Penn Station (the 1, 2 and 3 trains), 5 min walk; 23 St (the C and E trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 322-326 Seventh Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 322 7TH AVE OWNER LLC as the owner of record of 322-326 Seventh Avenue (BBL 1007780036). 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 322-326 Seventh Avenue last sold?

322-326 Seventh Avenue last sold in November 2025 for $80.8 million, according to the deed recorded with the city. W 28TH DEVELOPMENT LLC sold it to 322 7TH AVE OWNER LLC. That comes to about $922 per square foot of floor area. The deed is ACRIS document 2025111900172001 (BBL 1007780036) 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 322-326 Seventh Avenue?

322-326 Seventh Avenue reported an ENERGY STAR score of 33 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 33 earns a D. 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 103.3 kBtu per square foot, 23% above the national median of 84 for a similar property. Its greenhouse gas emissions were about 1,118 metric tons of CO2e (11.18 kg per square foot).

Is there construction at 322-326 Seventh Avenue?

The Department of Buildings issued no permits for new jobs at 322-326 Seventh Avenue in the 12 months to September 2026; the last one was first permitted in August 2025. In the last two years, interior work was permitted on 5 floors (floors 1, 4, 5, 9 and 10). The newest build-out, on floor 1, was first permitted in April 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $140,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007780036. 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 322-326 Seventh Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $15.4 million for 322-326 Seventh Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.67 million a year, roughly $19.06 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007780036 show the actual bill.

What is the assessed value of 322-326 Seventh Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 322-326 Seventh Avenue at $36.3 million ($10.3 million of it land) and its assessed value at $16.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 251% from 2022/23 ($10.3 million) to 2026/27.

Is there office space for lease at 322-326 Seventh Avenue?

No space at 322-326 Seventh 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.

1,677 buildings from city records

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