Office building with commercial space · Midtown South, Manhattan

34 West 32nd Street

New York, NY 10001

34 West 32nd Street is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1906, with about 40,000 square feet of office space according to city records.

Also at 34-36 West 32nd Street.

Office space
40K SF
Floors
12
Year built
1906
Zoning
C6-4

Office space next to its nearest neighbors

  1. 39 West 31st Street1 min walk127K SF
  2. 22 West 32nd Street1 min walk101K SF
  3. 34 West 32nd StreetThis building40K SF

The 178th largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How 34 West 32nd Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 34 West 32nd Street is the smallest by office floor area. Built in 1906, it is the oldest of them. Its estimated property tax, about $7.53 a square foot of floor area before abatements, is below the neighbors' median of $10.72.

34 West 32nd 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
34 West 32nd StreetThis building40K SF121906$7.53May 2004, $13.3M
39 West 31st Street1 min walk127K SF161915$8.22Nov 2008, $56.5M
22 West 32nd Street1 min walk101K SF161913$8.70Jan 2014, $55M
25 West 31st Street1 min walk57K SF121912$10.11n/a
1240 Broadway1 min walk571K SF391969$19.45Nov 2016, $565M
39 West 32nd Street1 min walk58K SF171911$11.33n/a
29 West 32nd Street1 min walk186K SF121908$11.49n/a
The 178th largest of the 184 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
34-36 West 32nd Street
ZIP code
10001
Building type
Office building with commercial space (city class O6)
Total floor area
54,118 SF
Commercial floor area
54,118 SF
Office
40,456 SF
Retail
13,662 SF
Height
12 floors
Average floor
About 4,500 SF (floor area divided by floors)
Year built
1906
Last major alteration
2013
Lot area
4,510 SF
Zoning district
C6-4
Built FAR
12
Max commercial FAR
10
Tax lot (BBL)
1008330063

Nearest subway

  • 34 St-Herald Sq3 min walk · Accessible station
  • 28 St3 min walk · Not accessible
  • 34 St-Penn Station5 min walk · Accessible station

Nearby large buildings

All 14 large office buildings on West 32nd Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 2 storefronts at 34 West 32nd Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2024
2
Vacant that day
0
Share vacant across Midtown South
12.7%
Share vacant along West 32nd Street
4.0%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 2
  • 20210 of 2
  • 20221 of 2
  • 2023None registered
  • 20240 of 2

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 2024, pulled 2026-10-08. 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 2024 filing was due June 3, 2025, 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 ROOSEVELT-LEE LIMITED PARTNERSHIP as the owner of record. For tax year 2026/27 the city values 34 West 32nd Street at $9.1 million and assesses it at $4.1 million. After phase-ins and exemptions its taxable value is $3.76 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 $407,594 a year before abatements, roughly $7.53 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
ROOSEVELT-LEE LIMITED PARTNERSHIP
Tax class
Class 4 (commercial and industrial)
City market value
$9,103,000
Land market value
$2,920,000
Assessed value
$4,096,350
Taxable value (phased in)
$3,757,320
Estimated yearly tax
About $407,594
Tax per SF of floor area
About $7.53

City market value by tax year

  • 2022/23$6.62 million
  • 2023/24$8.11 million
  • 2024/25$9.23 million
  • 2025/26$8.69 million
  • 2026/27$9.1 million

Market value rose 37% from 2022/23 ($6.62 million) to 2026/27.

How Midtown South compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-08; 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

34 West 32nd Street last sold in May 2004 for $13.3 million, according to the deed recorded with the city. RCG GOLDMAN COMPANY LLC sold it to ROOSEVELT-LEE LIMITED PARTNERSHIP.

Last sale (deed date)
May 17, 2004
Price
$13,300,000
Seller
RCG GOLDMAN COMPANY LLC
Buyer
ROOSEVELT-LEE LIMITED PARTNERSHIP
Deed recorded
July 5, 2004
ACRIS document
2004051800577001
All 32 building sales in Midtown South since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; 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 use and emissions

34 West 32nd Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 60.9 kBtu per square foot, 58% above the national median of 38.5 for a similar property. Its greenhouse gas emissions were about 323 metric tons of CO2e (5.97 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Mixed Use Property
Site energy use intensity
60.9 kBtu/SF
National median for the type
38.5 kBtu/SF
Greenhouse gas emissions
323 t CO2e
Emissions per SF
5.97 kg CO2e
Floor area in the filing
54,118 SF

ENERGY STAR score by year

  • 202241 (D)
  • 202352 (D)

Energy sources in 2024

  • Electricity73%
  • Natural gas27%

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 2026-10-08; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 34 West 32nd Street comes to about 250 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 849 tons for 2024 to 2029 (29% of the limit), so it would owe no penalty. From 2030 the limit drops to 303 tons and the same energy use counts as about 150 tons, still under the limit.

Period
2024 to 2029
Emissions limit
849 t CO2e
Estimated emissions
250 t CO2e
Under the limit by
599 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
303 t CO2e
Estimated emissions
150 t CO2e
Under the limit by
153 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 27,059 SF; Other - Restaurant/Bar 27,059 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.

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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 4 jobs at 34 West 32nd Street. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 9 and 10, the cellar and the mezzanine). The newest build-out, on floor 10, was first permitted in March 2026 (construction; filed cost estimate $10,000).

New jobs, last 12 months
4
Initial permits, last 12 months
6
Newest job first permitted
June 2026
Interior build-outs, last 24 months
7
Floors with interior work, last 24 months
1, 2, 9 and 10, cellar, mezzanine

Recent build-outs

  • Floor 10March 2026Construction; est. $10,000; signed off
  • Floor 2February 2026Construction; est. $125,000; signed off
  • Floor 9August 2025Construction, Mechanical, Plumbing, Sprinklers; est. $283,000; signed off
  • Cellar, open spaceJuly 2025Construction, Boiler; est. $100,000; signed off
  • Floor 9March 2025Construction; est. $15,000; signed off
  • Floor 1February 2025Plumbing; est. $38,000; signed off

The newest 6 of 7 in the last 24 months.

New jobs by year

  • 20210
  • 20221
  • 20235
  • 20242
  • 20257
  • 2026 to date4

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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

No live requirements for office space in Midtown South yet. These labeled examples show what tenants post. List a space in 34 West 32nd Street and we match it against every new one automatically.

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 34 West 32nd Street

How big is 34 West 32nd Street?

34 West 32nd Street has about 54,000 square feet of floor area in total, including 40,000 square feet of office and 14,000 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 34 West 32nd Street built?

City records list 1906 as the year built, with a major alteration recorded in 2013. The building is 12 floors tall.

What other addresses does 34 West 32nd Street have?

City records list 34-36 West 32nd Street on the same tax lot (BBL 1008330063) as 34 West 32nd Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 34 West 32nd Street?

34 West 32nd Street 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 34 West 32nd Street, New York, NY 10001, in Midtown South.

What is the zoning at 34 West 32nd Street?

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 12 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 34 West 32nd Street?

The closest subway station to 34 West 32nd Street is 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), about 700 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 28 St (the R and W trains), 3 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 34 West 32nd Street?

The NYC Department of Finance's 2026/27 assessment roll lists ROOSEVELT-LEE LIMITED PARTNERSHIP as the owner of record of 34 West 32nd Street (BBL 1008330063). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 34 West 32nd Street last sold?

34 West 32nd Street last sold in May 2004 for $13.3 million, according to the deed recorded with the city. RCG GOLDMAN COMPANY LLC sold it to ROOSEVELT-LEE LIMITED PARTNERSHIP. The deed is ACRIS document 2004051800577001 (BBL 1008330063) 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.

Does 34 West 32nd Street have an energy grade?

34 West 32nd Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 60.9 kBtu per square foot, 58% above the national median of 38.5 for a similar property. Its greenhouse gas emissions were about 323 metric tons of CO2e (5.97 kg per square foot).

Does 34 West 32nd Street meet Local Law 97?

At its 2024 energy use, 34 West 32nd Street comes to about 250 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 849 tons for 2024 to 2029 (29% of the limit), so it would owe no penalty. From 2030 the limit drops to 303 tons and the same energy use counts as about 150 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 34 West 32nd Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 34 West 32nd Street. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 9 and 10, the cellar and the mezzanine). The newest build-out, on floor 10, was first permitted in March 2026 (construction; filed cost estimate $10,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008330063. 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 34 West 32nd Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.76 million for 34 West 32nd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $407,594 a year, roughly $7.53 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008330063 show the actual bill.

What is the assessed value of 34 West 32nd Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 34 West 32nd Street at $9.1 million ($2.92 million of it land) and its assessed value at $4.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 37% from 2022/23 ($6.62 million) to 2026/27.

Are there vacant storefronts at 34 West 32nd Street?

Owners registered 2 storefronts at 34 West 32nd Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. 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 34 West 32nd Street?

No space at 34 West 32nd 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.

2,180 buildings from city records

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