Office and commercial building · Midtown, Manhattan
338 East 44th Street
New York, NY 10017
338 East 44th Street is a 15-floor office and commercial building in Midtown, Manhattan, built in 1987, with about 214,000 square feet of office space according to city records.
Also at 322-338 East 44th Street and 3 United Nations Plaza.
- Office space
- 214K SF
- Floors
- 15
- Year built
- 1987
- Zoning
- C5-2
The 160th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How 338 East 44th Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 338 East 44th Street ranks 5th of 7 by office floor area. It went up in 1987; the median neighbor dates from 1970. Its property tax is fully exempt on the city's assessment roll.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 338 East 44th Street | 214K SF | 15 | 1987 | Exempt |
| 777 First Avenue | 67K SF | 12 | 1963 | Exempt |
| 787 First Avenue | 373K SF | 39 | 1977 | $3.68 |
| 323 East 44th Street | 365K SF | 39 | 1984 | $2.68 |
| 799 First Avenue | 325K SF | 26 | 2006 | Exempt |
| 304 East 45th Street | 232K SF | 17 | 1929 | $0.32 |
| 820 Second Avenue | 122K SF | 19 | 1962 | $8.37 |
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). 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
- 322-338 East 44th Street; 3 United Nations Plaza
- ZIP code
- 10017
- Building type
- Office and commercial building (city class O9)
- Total floor area
- 246,215 SF
- Commercial floor area
- 224,065 SF
- Office
- 214,065 SF
- Industrial and storage
- 10,000 SF
- Height
- 15 floors
- Average floor
- About 16,400 SF (floor area divided by floors)
- Year built
- 1987
- Apartments
- 29
- Lot area
- 22,590 SF
- Zoning district
- C5-2
- Built FAR
- 10.9
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1013360031
Nearest subway
- Grand Central-42 St
- 51 St
- 5 Av
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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists HOUSING PRESERVATION & DEVELOPMENT as the owner of record. For tax year 2026/27 the city values 338 East 44th Street at $62.5 million and assesses it at $28.1 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- HOUSING PRESERVATION & DEVELOPMENT
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $62,528,000
- Land market value
- $10,200,000
- Assessed value
- $28,137,600
- Exemptions
- $28,137,600
- Estimated yearly tax
- Fully exempt on the roll
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
Own or manage 338 East 44th Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
338 East 44th Street reported an ENERGY STAR score of 88 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 70.9 kBtu per square foot, 42% below the national median of 121.4 for a similar property. Its greenhouse gas emissions were about 1,553 metric tons of CO2e (7.46 kg per square foot).
- ENERGY STAR score (2024)
- 88 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 70.9 kBtu/SF
- National median for the type
- 121.4 kBtu/SF
- Greenhouse gas emissions
- 1,553 t CO2e
- Emissions per SF
- 7.46 kg CO2e
- Floor area in the filing
- 208,203 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 2026-10-16; 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.
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 1 job at 338 East 44th Street.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- July 2026
- Interior build-outs, last 24 months
- 0
- Facade and sidewalk jobs, last 24 months
- 1
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
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.
No office space listed in Midtown yet
The closest real space on Leasemark is below. Own or broker space at 338 East 44th Street? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Real space close by
Listed now by its owner or broker. Open it and tap I'm interested to ask the lister for an intro; contact details are shared once both sides accept.
Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about 338 East 44th Street
How big is 338 East 44th Street?
338 East 44th Street has about 246,000 square feet of floor area in total, including 214,000 square feet of office and 10,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 338 East 44th Street built?
City records list 1987 as the year built. The building is 15 floors tall.
What other addresses does 338 East 44th Street have?
City records list 322-338 East 44th Street and 3 United Nations Plaza on the same tax lot (BBL 1013360031) as 338 East 44th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 338 East 44th Street?
338 East 44th Street is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 338 East 44th Street, New York, NY 10017, in Midtown.
What is the zoning at 338 East 44th Street?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.9 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 338 East 44th Street?
The closest subway station to 338 East 44th Street is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 0.3 miles away in a straight line, roughly 7 minutes on foot. The MTA lists it as an accessible station. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 10 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 14 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 338 East 44th Street?
The NYC Department of Finance's 2026/27 assessment roll lists HOUSING PRESERVATION & DEVELOPMENT as the owner of record of 338 East 44th Street (BBL 1013360031). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 338 East 44th Street?
338 East 44th Street reported an ENERGY STAR score of 88 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 88 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 70.9 kBtu per square foot, 42% below the national median of 121.4 for a similar property. Its greenhouse gas emissions were about 1,553 metric tons of CO2e (7.46 kg per square foot).
Is there construction at 338 East 44th Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 338 East 44th Street. These are the Department of Buildings' DOB NOW work permits for tax lot 1013360031. 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 338 East 44th Street?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 338 East 44th Street, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1013360031 show what is actually billed.
What is the assessed value of 338 East 44th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 338 East 44th Street at $62.5 million ($10.2 million of it land) and its assessed value at $28.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($55.7 million) to 2026/27.
Is there office space for lease at 338 East 44th Street?
No space at 338 East 44th Street is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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
Transit hubs in Midtown
- B D F M at 42 St-Bryant Pk
- 7 at 5 Av
- N Q R W at Times Sq