Office building with commercial space · Midtown South, Manhattan

349 Fifth Avenue

New York, NY 10016

349 Fifth Avenue is an 8-floor office building with commercial space in Midtown South, Manhattan, built in 1904, with about 41,000 square feet of office space according to city records.

Also at 2 East 34th Street and 349-353 Fifth Avenue.

Office space
41K SF
Floors
8
Year built
1904
Zoning
C5-2

Office space next to its nearest neighbors

  1. 1 East 33rd Street1 min walk113K SF
  2. 341 Fifth Avenue1 min walk97K SF
  3. 349 Fifth AvenueThis building41K SF

The 176th 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 349 Fifth Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 349 Fifth Avenue is the smallest by office floor area. Built in 1904, it is the oldest of them. Its estimated property tax, about $17.24 a square foot of floor area before abatements, is above the neighbors' median of $12.56.

349 Fifth 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
349 Fifth AvenueThis building41K SF81904$17.24Dec 2009, $18.6M
341 Fifth Avenue1 min walk97K SF161907$13.65n/a
1 East 33rd Street1 min walk113K SF121913$11.46n/a
15 East 33rd Street1 min walk327K SF211925$10.74n/a
358 Fifth Avenue1 min walk106K SF131920$22.53n/a
355 Fifth Avenue1 min walk118K SF131913$3.80n/a
178 Madison Avenue1 min walk218K SF241927$22.04Jul 2008, $146M
The 176th 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 addresses
2 East 34th Street; 349-353 Fifth Avenue
ZIP code
10016
Building type
Office building with commercial space (city class O6)
Total floor area
52,220 SF
Commercial floor area
52,220 SF
Office
40,615 SF
Retail
11,605 SF
Height
8 floors
Average floor
About 6,500 SF (floor area divided by floors)
Year built
1904
Last major alteration
2011
Lot area
5,925 SF
Zoning district
C5-2
Built FAR
8.81
Max commercial FAR
10
Tax lot (BBL)
1008630081

Nearest subway

  • 33 St4 min walk · Not accessible
  • 34 St-Herald Sq4 min walk · Accessible station
  • 28 St6 min walk · Not accessible

Nearby large buildings

All 115 large office buildings on Fifth Avenue

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 one storefront at 349 Fifth Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Midtown South
12.7%
Share vacant along Fifth Avenue
12.6%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 1
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

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 349 FIFTH AVENUE LLC as the owner of record. For tax year 2026/27 the city values 349 Fifth Avenue at $19.8 million and assesses it at $8.91 million. After phase-ins and exemptions its taxable value is $8.3 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 $900,253 a year before abatements, roughly $17.24 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
349 FIFTH AVENUE LLC
Tax class
Class 4 (commercial and industrial)
City market value
$19,801,000
Land market value
$6,500,000
Assessed value
$8,910,450
Taxable value (phased in)
$8,298,790
Estimated yearly tax
About $900,253
Tax per SF of floor area
About $17.24

City market value by tax year

  • 2022/23$20.8 million
  • 2023/24$22.4 million
  • 2024/25$23.8 million
  • 2025/26$24.1 million
  • 2026/27$19.8 million

Market value fell 5% from 2022/23 ($20.8 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.

Own or manage 349 Fifth Avenue? List a space here free and we match it against every active requirement.

NYC property records (ACRIS)

Sales history

349 Fifth Avenue last sold in December 2009 for $18.6 million, according to the deed recorded with the city. JPMORGAN CHASE BANK, NATIONAL ASSOCIATION sold it to 349 FIFTH AVENUE LLC.

Last sale (deed date)
December 15, 2009
Price
$18,576,788
Seller
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Buyer
349 FIFTH AVENUE LLC
Deed recorded
January 11, 2010
ACRIS document
2009121800154001
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 score, grade and emissions

349 Fifth Avenue reported an ENERGY STAR score of 60 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 61.9 kBtu per square foot, 13% below the national median of 71.3 for a similar property. Its greenhouse gas emissions were about 322 metric tons of CO2e (6.17 kg per square foot).

ENERGY STAR score (2024)
60 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Office
Site energy use intensity
61.9 kBtu/SF
National median for the type
71.3 kBtu/SF
Greenhouse gas emissions
322 t CO2e
Emissions per SF
6.17 kg CO2e
Floor area in the filing
52,220 SF

ENERGY STAR score by year

  • 202279 (B)
  • 202371 (B)
  • 202460 (C)

Energy sources in 2024

  • Electricity68%
  • District steam32%

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. 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 349 Fifth Avenue comes to about 233 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 411 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 149 tons and the same energy use counts as about 138 tons, still under the limit.

Period
2024 to 2029
Emissions limit
411 t CO2e
Estimated emissions
233 t CO2e
Under the limit by
178 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
149 t CO2e
Estimated emissions
138 t CO2e
Under the limit by
11 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 45,720 SF; Bank Branch 6,500 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.

Own or manage 349 Fifth Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 349 Fifth Avenue in the 12 months to October 2026; the last one was first permitted in March 2025. In the last two years, interior work was permitted on one floor (floor 8). The newest build-out, on floor 8, was first permitted in March 2025 (construction; filed cost estimate $8,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
March 2025
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
8

Recent build-outs

  • Floor 8March 2025Construction; est. $8,000; signed off

New jobs by year

  • 20217
  • 20228
  • 20231
  • 20240
  • 20251
  • 2026 to date0

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 349 Fifth Avenue 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 349 Fifth Avenue

How big is 349 Fifth Avenue?

349 Fifth Avenue has about 52,000 square feet of floor area in total, including 41,000 square feet of office and 12,000 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 349 Fifth Avenue built?

City records list 1904 as the year built, with a major alteration recorded in 2011. The building is 8 floors tall.

What other addresses does 349 Fifth Avenue have?

City records list 2 East 34th Street and 349-353 Fifth Avenue on the same tax lot (BBL 1008630081) as 349 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 349 Fifth Avenue?

349 Fifth Avenue is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 349 Fifth Avenue, New York, NY 10016, in Midtown South.

What is the zoning at 349 Fifth Avenue?

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 8.81 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 349 Fifth Avenue?

The closest subway station to 349 Fifth Avenue is 33 St (the 6 train), about 1000 feet away in a straight line, roughly 4 minutes on foot. Also nearby: 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 4 min walk; 28 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 349 Fifth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 349 FIFTH AVENUE LLC as the owner of record of 349 Fifth Avenue (BBL 1008630081). 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 349 Fifth Avenue last sold?

349 Fifth Avenue last sold in December 2009 for $18.6 million, according to the deed recorded with the city. JPMORGAN CHASE BANK, NATIONAL ASSOCIATION sold it to 349 FIFTH AVENUE LLC. The deed is ACRIS document 2009121800154001 (BBL 1008630081) 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 349 Fifth Avenue?

349 Fifth Avenue reported an ENERGY STAR score of 60 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 60 earns a C. 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 61.9 kBtu per square foot, 13% below the national median of 71.3 for a similar property. Its greenhouse gas emissions were about 322 metric tons of CO2e (6.17 kg per square foot).

Does 349 Fifth Avenue meet Local Law 97?

At its 2024 energy use, 349 Fifth Avenue comes to about 233 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 411 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 149 tons and the same energy use counts as about 138 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 349 Fifth Avenue?

The Department of Buildings issued no permits for new jobs at 349 Fifth Avenue in the 12 months to October 2026; the last one was first permitted in March 2025. In the last two years, interior work was permitted on one floor (floor 8). The newest build-out, on floor 8, was first permitted in March 2025 (construction; filed cost estimate $8,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008630081. 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 349 Fifth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.3 million for 349 Fifth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $900,253 a year, roughly $17.24 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008630081 show the actual bill.

What is the assessed value of 349 Fifth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 349 Fifth Avenue at $19.8 million ($6.5 million of it land) and its assessed value at $8.91 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 5% from 2022/23 ($20.8 million) to 2026/27.

Are there vacant storefronts at 349 Fifth Avenue?

Owners registered one storefront at 349 Fifth Avenue for December 31, 2024, the newest annual filing the city has published, and it was not 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 349 Fifth Avenue?

No space at 349 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.

2,180 buildings from city records

Look up another building

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