Office building · Midtown South, Manhattan
Empire State Building
338 Fifth Avenue, New York, NY
The Empire State Building (338 Fifth Avenue) is a 102-floor office building in Midtown South, Manhattan, built in 1931, with about 2.7 million square feet of office space according to city records.
Also at 338-350 Fifth Avenue, 1-31 West 33rd Street and 2-20 West 34th Street.
- Office space
- 2.7M SF
- Floors
- 102
- Year built
- 1931
- Zoning
- C5-3
The largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 338 Fifth Avenue 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. Manage or lease this building? Claim this page.

Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How the Empire State Building compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, the Empire State Building is the largest by office floor area. It went up in 1931; the median neighbor dates from 1911. Its estimated property tax, about $18.99 a square foot of floor area before abatements, is close to the neighbors' median of $18.55.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| Empire State Building, 338 Fifth Avenue | 2.7M SF | 102 | 1931 | $18.99 |
| 4 West 33rd Street | 294K SF | 12 | 1914 | $14.04 |
| 20 West 33rd Street | 137K SF | 13 | 1912 | $12.95 |
| 22 West 34th Street | 53K SF | 6 | 1937 | $22.81 |
| 1 West 34th Street | 50K SF | 12 | 1906 | $34.31 |
| 330 Fifth Avenue | 166K SF | 15 | 1910 | $14.30 |
| 15 West 34th Street | 37K SF | 8 | 1907 | $34.42 |
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
- Building name
- Empire State Building
- Other addresses
- 338-350 Fifth Avenue; 1-31 West 33rd Street; 2-20 West 34th Street
- ZIP code
- 10001 (PLUTO); 10118 (Finance roll)
- Building type
- Office building (city class O4)
- Total floor area
- 2,812,739 SF
- Commercial floor area
- 2,812,739 SF
- Office
- 2,685,483 SF
- Retail
- 127,256 SF
- Height
- 102 floors
- Average floor
- About 27,600 SF (floor area divided by floors)
- Year built
- 1931
- Last major alteration
- 2011
- Lot area
- 91,351 SF
- Zoning district
- C5-3
- Built FAR
- 30.79
- Max commercial FAR
- 15
- Landmark status
- Individual and interior landmark
- Tax lot (BBL)
- 1008350041
Nearest subway
- 34 St-Herald Sq
- 33 St
- 28 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses and building name 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 19 storefronts at the Empire State Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. A year earlier, none of 19 did.
- Storefronts registered for December 31, 2025
- 19
- Vacant that day
- 2
- Share vacant here
- 10.5%
- Share vacant across Midtown South
- 11.9%
- Share vacant along Fifth Avenue
- 14.0%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 338 Fifth Avenue? Listing it is free, and it is matched against every active requirement for retail space in Midtown South the day it goes up.
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 ESRT EMPIRE STATE BUILDING, L.L.C. as the owner of record. For tax year 2026/27 the city values the Empire State Building at $1.28 billion and assesses it at $577.4 million. After phase-ins and exemptions its taxable value is $492.4 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 $53.4 million a year before abatements, roughly $18.99 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
- ESRT EMPIRE STATE BUILDING, L.L.C.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $1,283,202,000
- Land market value
- $220,000,000
- Assessed value
- $577,440,900
- Taxable value (phased in)
- $492,419,019
- Estimated yearly tax
- About $53.4 million
- Tax per SF of floor area
- About $18.99
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; 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 338 Fifth Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
SEC filings (EDGAR)
Companies with offices here
4 public companies and one investment manager give 338 Fifth Avenue as their office address in SEC filings.
Public companies
Investment manager
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.
Have space to sublease at 338 Fifth Avenue? List it free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
The Empire State Building reported an ENERGY STAR score of 78 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 61.4 kBtu per square foot, 35% below the national median of 94.9 for a similar property. Its greenhouse gas emissions were about 16,678 metric tons of CO2e (5.85 kg per square foot).
- ENERGY STAR score (2024)
- 78 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 61.4 kBtu/SF
- National median for the type
- 94.9 kBtu/SF
- Greenhouse gas emissions
- 16,678 t CO2e
- Emissions per SF
- 5.85 kg CO2e
- Floor area in the filing
- 2,852,257 SF
- ENERGY STAR certified
- 2009, 2010, 2012, 2013, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024
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 62 jobs at the Empire State Building. In the last two years, interior work was permitted on 86 floors (floors 1 to 86, the cellar and the sub-cellar). The newest build-out, on floors 11 to 13, was first permitted in October 2026 (construction, mechanical, sprinklers; filed cost estimate $118,000).
- New jobs, last 12 months
- 62
- Initial permits, last 12 months
- 62
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 47
- Floors with interior work, last 24 months
- 1 to 86, cellar, sub-cellar
Recent build-outs
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 2026-10-24 (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.
Landmarks Preservation Commission records
Architecture and history
The Empire State Building was designed by Shreve, Lamb & Harmon (William Lamb) and built in 1929-1931 in the Art Deco style. The Landmarks Preservation Commission designated it a New York City landmark on May 19, 1981. The Commission also designated part of its interior an interior landmark on May 19, 1981.
- Architect
- Shreve, Lamb & Harmon (William Lamb)
- Constructed
- 1929-1931
- Style
- Art Deco
- Primary material
- Brick
- Built as
- Office building
- City landmark
- Empire State Building: individual landmark, designated May 19, 1981 (LP-02000)
- City landmark
- Empire State Building: interior landmark, designated May 19, 1981 (LP-02001)
Source: NYC Landmarks Preservation Commission, Individual Landmark Sites, Designated and Calendared Buildings and Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.
No office space listed in Midtown South yet
Own or broker space at 338 Fifth Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
How much office space do you need per employee in 2026
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
- Free calculator
Office space calculator
How many square feet your team needs, from headcount and layout to a rentable range.
- Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.
- Free calculator
TI allowance calculator
A landlord's build-out allowance in dollars, what it covers of your budget and what the rest adds to the rent.
- Free calculator
Commercial Rent Tax calculator
Whether a Manhattan lease owes the city's Commercial Rent Tax, and roughly how much a year.
Questions about Empire State Building
How big is the Empire State Building?
The Empire State Building has about 2.8 million square feet of floor area in total, including 2.7 million square feet of office and 127,000 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 the Empire State Building built?
The Landmarks Preservation Commission's building records date the Empire State Building to 1929-1931, designed by Shreve, Lamb & Harmon (William Lamb). The building is 102 floors tall.
Who designed the Empire State Building?
Shreve, Lamb & Harmon (William Lamb), according to the Landmarks Preservation Commission's building records, which list the style as Art Deco and its original use as an office building.
Is the Empire State Building a New York City landmark?
Yes. The Landmarks Preservation Commission designated the Empire State Building an individual landmark on May 19, 1981 (LP-02000). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of the Empire State Building?
The Empire State Building is at 338 Fifth Avenue in Midtown South, Manhattan. City records list 338-350 Fifth Avenue, 1-31 West 33rd Street and 2-20 West 34th Street on the same tax lot (BBL 1008350041). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 338 Fifth Avenue?
City records give two ZIP codes for this tax lot: 10001 in NYC PLUTO 26v2 and 10118 on the Department of Finance's assessment roll. Some large New York buildings have a ZIP code of their own beside the area's, so check with the building's management which one it uses before you rely on either.
What is the zoning at the Empire State Building?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 30.79 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to the Empire State Building?
The closest subway station to the Empire State Building is 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), about 750 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 33 St (the 6 train), 5 min walk; 28 St (the R and W trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Empire State Building?
The NYC Department of Finance's 2026/27 assessment roll lists ESRT EMPIRE STATE BUILDING, L.L.C. as the owner of record of the Empire State Building (BBL 1008350041). 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.
Who are the tenants at the Empire State Building?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Empire State Building. 4 public companies report the address as their principal executive office: COTY INC. (COTY); IN8BIO, INC. (INAB); ROCKET PHARMACEUTICALS, INC. (RCKT); and SHUTTERSTOCK, INC. (SSTK). One investment manager files 13F holdings reports from the address: Axiom Investment Management 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.
What is the energy grade of the Empire State Building?
The Empire State Building reported an ENERGY STAR score of 78 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 78 earns a B. 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 61.4 kBtu per square foot, 35% below the national median of 94.9 for a similar property. Its greenhouse gas emissions were about 16,678 metric tons of CO2e (5.85 kg per square foot).
Is there construction at the Empire State Building?
In the 12 months to October 2026, the Department of Buildings issued first permits for 62 jobs at the Empire State Building. In the last two years, interior work was permitted on 86 floors (floors 1 to 86, the cellar and the sub-cellar). The newest build-out, on floors 11 to 13, was first permitted in October 2026 (construction, mechanical, sprinklers; filed cost estimate $118,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008350041. 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 the Empire State Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $492.4 million for the Empire State Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $53.4 million a year, roughly $18.99 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008350041 show the actual bill.
What is the assessed value of the Empire State Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Empire State Building at $1.28 billion ($220 million of it land) and its assessed value at $577.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 42% from 2022/23 ($906.1 million) to 2026/27.
Are there vacant storefronts at the Empire State Building?
Owners registered 19 storefronts at the Empire State Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. A year earlier, none of 19 did. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at the Empire State Building?
No space at 338 Fifth 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.
2,723 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St